"🏡 Toronto Real Estate Update this week
Feb 17, 2025 12:01 pm
Hi ,
Happy Family Day! I hope this message finds you and your loved ones well. Family Day is a wonderful opportunity to pause, reflect, and cherish the moments we share with those closest to us. In the heart of Toronto, there are countless ways to make the most of this special day, from exploring local parks and attractions to enjoying a cozy day at home.
That's me playing my acoustic guitar with my youngest daughter. At an early age she's already curious about musical instruments and started playing around with my guitar and her siblings' piano keyboard. She could be the next Avril Lavigne! 😁
How U.S. Tariffs on Steel & Aluminum Could Affect Toronto Real Estate
This infographic shows that Canada is the largest supplier of both steel and aluminum to the U.S., making it the most affected country by Trump's tariffs on these materials. With steel and aluminum being essential for construction, these tariffs could lead to higher building costs, delays, and reduced supply in Canada, particularly in major cities like Toronto, where real estate development relies on these materials. If costs rise, home prices—especially for new builds and condos—could be impacted, making affordability even more challenging for buyers.
Feel free to reach out if you’d like to discuss how these changes could affect your homeownership goals!
Featured Property:
1226 Middlebury Ave Oshawa, Ontario, Canada, L1K2V3
- Spacious 3-Bedroom, 3-Bathroom Detached Home – Perfect blend of functionality and modern living.
- Prime Location – Close to major shopping centers and just steps from the movie theatre.
- Open-Concept Layout – Seamless flow between the living room, dining area, and stylish kitchen.
- Modern Kitchen – Equipped with gleaming stainless-steel appliances, ideal for cooking and entertaining.
- Fully Finished Basement – Features a generous rec room, perfect for game nights or a cozy retreat.
- Serene Primary Suite – Includes a private ensuite bathroom for added comfort.
- Private Backyard with Gazebo – Ideal for outdoor gatherings and relaxation.
- Designed for Versatile Living – Offers space, style, and convenience for a variety of lifestyles.
LOWEST MORTGAGE RATES:
VARIABLE: 5 YR HIGH RATIO P‐.90%
5 YR CONVENTIONAL P‐0.70%
FIXED 1 YR: 5.24%
FIXED 2 YRS: 4.79%
FIXED 3 YRS: 4.19%
FIXED 4 YRS: 4.49%
FIXED 5 YRS: 4.29% (High Ratio)
FIXED 5 YRS: 4.54% (Conventional)
"Looking to consolidate high-interest credit card debt and personal loans? Call me at 416-670-8598! Even if your bank says no, we can help you explore other options & help you find a solution."
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