Uncategorized - Blog

Developers are working together on larger projects, saying density draws buyers

_1_lakeview
_1_lakeview

It’s becoming more common in Toronto and the GTA — a team of developers coming together to work on one massive housing or mixed-use project. That’s what’s happening with Lakeview Village, a multibillion-dollar mixed-use project planned for 177 acres on the former site of the decommissioned coal-fired Lakeview Generating Station, just east of Port Credit…

Continue reading

GTA first-time homebuyers can benefit from mortgage program despite $560,000 home-value cap, federal minister says

_1_duclos
_1_duclos

The federal government says thousands of Toronto-area families could get a hand onto the property ladder under a new shared-equity mortgage program even though it limits the maximum eligible home value to $560,000 — a tough price point to hit in the Toronto region. The First-Time Home Buyer Incentive can lower monthly mortgage payments on…

Continue reading