Toronto homes built before the 1960’s generally had their downspouts connected to the sewer system. That may have been a good idea at the time, but now it’s become a major problem. As the city has grown, the capacity of the sewer system has become seriously strained, especially since much of the city has combined […]
Archives for 2011
Can The High Park Zoo Be Saved?
The city has proposed closing the small, 110-year-old west-end zoo next year as part of its plan to reduce the budget. Parkdale-High Park councillor Sarah Doucette opposed the move and has been trying to find new sources of revenue. But time is running out and the mini-zoo will close next year if no solutions are […]
Whither Goest The Toronto Real Estate Market?
Our real estate market continues to over perform relative to the rest of the world and, over the past several months, we have been bombarded with predictions about the future of house prices for Canada in general and Toronto in particular. The range of these predictions is really quite staggering, considering that they are all […]
Canada’s Low Interest Rates: Good News and Bad News
Canada’s mortgage interest rates have been near historically low levels for years, and because of current global economic conditions, rates are not expected to rise significantly until 2013. If you’re shopping for a mortgage, that’s great news. But an extended period of low interest rates is taking its toll on the economy. Bank of Canada […]
Residents Concerned About Roncesvalles Village Development
A proposed development on Howard Park Avenue in Roncesvalles Village is just too big, neighbours say. A collection of properties, mainly auto shops along Howard Park between Roncesvalles Avenue and Dundas St. W., is the site of a proposed 10-story development. via insidetoronto.com This is one of three developments struggling to satisfy the concerns […]
Real Estate Agent Sues Seller For Staging Costs
A Toronto man is reeling after his real estate agent sued him when he pulled his house off the market. It’s a modern day real estate cautionary tale with the usual lesson – get everything in writing. Including who pays for the staging of a house that never winds up being sold. Click here to […]