Why Double Under?The Misconceptions About Skipping an Agent Over the weekend, at my open house, I had the pleasure of reconnecting with a couple I had met at another open house. They asked me an important question: how much can really be saved by not using a real estate agent in a transaction? It’s a common misconception that not using … Read More
Pump it Up! The New Model of Sustainable Comfort
Elvis Costello and I have been looking at this year’s models in air-source heat pumps; alas, for me, it is time for a new furnace. So, I am looking at the latest tech and craze in efficient home heating and cooling. Have you ever wondered how a heat pump can pull warmth out of chilly winter air? It sounds impossible, but here’s … Read More
Way to go, Toronto, for Creating Beautiful Biidaasige Park!
Last weekend, my wife and I set out on our bikes from the Woodbine Corridor to explore the newly opened Biidaasige “Bee·daw·si·geh” Park in Toronto’s Port Lands. The design and atmosphere left a lasting impression. It’s a stunning, thoughtfully designed green space that brings nature, culture, and community right into the city. Phase 1 of the park officially opened in July 2025, … Read More
Price Is King – And It’s Taking the Throne in 2025
If there’s one thing that stands out in today’s real estate landscape, it’s this: Price. Is. King. Now more than ever, getting the price right is everything. I usually avoid sweeping statements about the Toronto real estate market—it’s just too massive and diverse to generalize. Examining citywide statistics, especially when combining condos and freeholds, can significantly distort your understanding. The … Read More
It’s all About Taking Action and Achieving Results
The real estate market is shifting—and with change comes opportunity. Whether you’re looking to buy, sell, or invest, the time to act is now. At Promenade Realty Group, we know how to navigate today’s market with strategy and confidence. With interest rates, inventory, and buyer activity all evolving, having the right team on your side makes all the difference. Promenade … Read More
Now’s a Smart Time to Upsize to That Larger Condo
If you’ve been thinking about buying a condo in Toronto—or moving into a larger one—this is a great time to make it happen. Prices have softened from their highs, but values are expected to rise steadily over the next five years. Buying now means more choice, less competition, and the chance to get ahead. In today’s market, you have the … Read More
Say Ahhhhh! Time for a Mortgage Checkup?
Hold that smile! Last week, the Bank of Canada lowered interest rates to 2.75%— more digestible than a year ago. If your mortgage rate is 5.5% or higher, it might be a good time to look at that overbite. It’s worth connecting with your mortgage broker to see what’s possible. With an assessment of penalties for breaking your current mortgage, refinancing could … Read More
The Showcase Showdown $1 Listing Gimmick
List Low? Sure. Listing at $1? Never. Do you wonder about the so-called $1 listing strategy? That’s a desperate gimmick. Everyone knows the property won’t sell for $1, making the approach lazy and even cheeky. Instead of generating real competition, it cheapens the property, stigmatizes the listing, and lowers the seller’s leverage. Listing low isn’t necessarily bad for a seller, … Read More
The Bank of Canada cuts Interest rate by 0.5%.
On December 11, 2024, the Bank of Canada implemented a second consecutive 50-basis-point interest rate cut, bringing the policy rate to 3.25%, to stimulate the country’s slowing economy. Governor Tiff Macklem indicated that future rate adjustments would proceed more gradually, citing uncertainties such as President-elect Donald Trump’s proposed 25% tariffs on Canadian imports, which pose significant risks to Canada’s trade-dependent … Read More
Props to Virtual Staging?
It is fantastic to virtually ChatGPT with you today! I’m HAL, the all-knowing and all-seeing computerized assistant that has long been hiding in fantasy and the movies since 2001 a Space Odyssey (1968) until recently. I’m pinging you on behalf of Geoff and Kevin of Promenade Realty Group to inform you about one of many new TRREB regulations taking effect on Dec. 2, … Read More
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