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Found a place north east of yonge and 401. (Harrison Garden Blvd.). There are several condos along that street that don't have pet size restrictions.

Highs Spring -> Mar - Apr (Usually good time to Sell) Lows Winter -> Nov - Jan (Usually good time to Buy, although limited supply) I've seen a better trend graph that has a second peak in the summer, but I can't seem to find it...

Aren't most REITs invested in commercial properties such as malls, offices and apartments. If this is the case you'd be excluding the coveted Toronto low-rise residential properties. I would actually like to know more about the types of properties a REIT would hold, if someone would be kind...

http://condos.ca/ Provides Toronto Condo info. eg. Historic maintenance fees and trends

I don't think yield of a stock is comparable considering that toronto rental increase has a yearly cap. On average less than 2% per year over the past 10 years. When it use to be around 5% in the 80s and 90s. Some years have been less than 1%, which is ridiculous, from a landlord's perspective...

I'd be interested to see the Toronto 20km radius map with the greenbelt overlaid. I suspect urban sprawl would be even more constricted.

I have seen the precon condo signs, but I do not know the details of the construction. I have spend some time researching the area mainly for houses and will speak to that. The area has been changing slowly, and prices have been appreciating very nicely. I do see the underground LRT attracting...

Down payment is not a problem, I'm willing to put down 30% if I really have to, although ideally 20 or 25%. I just need a bank/financier willing to provide a mortgage. Any Credit unions you would recommend?

Most banks are reluctant to look at financing a 5th property. I'm not sure why 4 seems to be the limit, possibly because banks view rental properties as risky. It seems like 10 years ago, there was no problem financing multiple rentals. Any investors or mortgage brokers out there that know...

Agreed, CAD has held well against the Brazilian Real or Russian Ruble, but not the Chinese Renminbi, Singaporean Dollar, Indian Rupee, Hong Kong Dollar. Also need to consider that USD is the most held foreign currency in countries outside of the US.

Just a passing thought.... For foreign investors, hasn't the decrease in the Canadian dollar devalued the housing market by 15% to 20%? With oil prices continuing to freefall I think we should expect the CAD to follow.

Found my own answer. It is HSBC. HSBC does not work with mortgage brokers as they have exited the broker market. So you have to go to them directly https://www.citywidemortgage.ca/former-grow-ops-the-noose-gets-tighter/

What banks are providing financing for a home that was previously a grow up, but has been brought up to code with city\inspection documents as proof? The best financing I can find so far is 4.79% fixed, 1 year term (They don't want to provide >1 year term) 1% split commission fee I believe...

I'm going to leave this helpful link here... http://condos.ca/ Just type in the address of the condo in question for more information

I think you are arguing against yourself now. You should ask your self the bolded questions taking into consideration the bolded rate and term. Or maybe you should compare 5 year fixed to 5 year variable. Its not the increase, but the average over the entire term that should be considered...

You mean the BMO Nesbitt Burns study? The one from the bank? http://www.bnn.ca/News/2014/3/13/Fixed-mortgages-now-trump-variable-BMO.aspx I agree with you that fixed rates may do better, but I just wanted to put some points out there for variable so that it's not counted out. Regardless, it's...

This sentence can make the same amount of sense with the the words "fixed" and "variable" interchanged.... Just kidding I agree with your explanation completely. You are paying a premium when putting the risk on the bank and a discount when on yourself. If at some point during the term you...

This sentence can make the same amount of sense with the the words "fixed" and "variable" interchanged....

You are right, there is a certain risk involved with variable. If you are risk adverse, it may be better to go with fixed. An additional question to ask you self when deciding, has the US\Canada economy recovered such that rates will increase? Over the last 6-7 years with a spread of less than...

I do believe that variable is still your best bet. You just need the rate to average out less than the current fixed rate over the 3-5 year term. There is a reason why most banks give you an option to lock in a fixed rate when you have variable, but never the other way around. Great site for...