January 24, 2021    中文(简体)   

5 Hot Tips for Selling Your Home During Winter

6. January 2021 16:52

While there is certainly some seasonality with the real estate market, many realtors often advise you not to sell your home during the winter months. In reality, winter can be one of the best times to sell your home.


The truth is that there are all types of buyers that shop in all the seasons, so it is a bit of a misconception that people do not buy in the winter season. In fact, if you sell between December 1st and February 28th (loosely categorized as the winter season), not only will you find motivated buyers, but you may also experience less competition from other sellers1.


But selling in winter does not come without its share of challenges. Many buyers wait until winter to get houses at a discount, so prepare yourself for some lowball offers. Also, it may be harder to accentuate the exterior features of your home that you could normally do in the spring.


To overcome some of the obstacles associated with selling your home during the winter months, consider some of these secret staging and selling tips.


1.Price Your Home to Sell

Pricing your home correctly is one of the most important things you can do to ensure a successful sale in the winter months. While figuring out the right sales price is always important, it is especially relevant in the “off-season” because there are often less buyers on the market.


Overpricing your home can disinterest potential buyers but you also do not want to undercut your home’s value. Figuring out the right sales price can be as simple as finding the right real estate agent that knows your local market. An agent can run a competitive market analysis to help target the appropriate price point for your home.


Do not be afraid to complete your own independent research as well. Check out recent comparable sales in the neighborhood to give you a better idea of what similar homes in the area are selling for.


2. Don’t Go Overboard with Holiday Decor

For many, winter is holistically associated with the holiday season. But one of the biggest mistakes homeowners make selling their home during the winter months is over decorating for the holiday season.


For starters, not all buyers may celebrate the season like you do. Furthermore, excessive decorating can draw interest away from some of the basic features of the home.


If you decide to decorate for the holidays, ease up on the decorations and make sure they are tasteful. When done properly, this can be a perfect staging opportunity. Consider a small lit tree with a few wrapped gifts underneath, an eye-catching wreath on the front door, and warm lighting to maintain a cozy ambiance.



3. Turn on the Lights, Turn Up the Heat

One obstacle with selling in the winter months is that you naturally have fewer hours of natural light to work with compared to warmer parts of the year. This means it is extremely important to keep your lights on whenever possible.


Using more powerful bulbs to enhance the brightness of your space can never hurt. In fact, lighting can create a nice warm cohesive feel. It also draws the attention of potential buyers from the street.


Similarly, winter is synonymous with the cold so make sure to keep your home adequately heated. While it may have a small impact on your gas bill, potential buyers will be more likely to consider buying your home if it is toasty warm. It also adds a cozy factor, especially when combined with a lit fireplace or strategically staged throw blankets.



4. Make Sure to Clear a Path

Not everyone lives in areas of the country that experience snow during the winter months. That said, if you do live somewhere where snow is prevalent make sure to shovel or plow your walkway and driveway. This will allow potential buyers access to your home for showings as well as indicate that the home is properly maintained. Shoveled pathways also provide a bit more curb appeal compared to properties blanketed with snow.


5. Staging Can Be Key

Since selling in the winter months often means trying to appeal to a lower pool of potential buyers, try optimizing your chances for success by having your home professionally staged.


A recent study found that a staged home will often sell for 17% more on average than non-staged homes2. Similarly, on average staged homes sell faster than non-staged homes. The National Association of Realtors noted that for every $100 invested in staging, the potential return is $4002.




1 Zillow Group. (2019, November 27). Selling a House During Winter Holidays: Tips, Pros & Cons: Zillow. Retrieved January 6, 2021, from https://www.zillow.com/sellers-guide/selling-house-during-winter-holidays/


2 McGrady, V. (2020, July 15). 7 Pro Tips To Help Your Home Sell Faster, For More Money. Retrieved January 6, 2021, from https://www.forbes.com/sites/vanessamcgrady/2015/11/04/staging/?sh=58972b7e50c9


3 Reasons Now Is the Perfect Time to Get a Toronto Mortgage

17. December 2020 20:49

If you're looking to get a mortgage for a home or condo in Toronto, now would be a perfect time. That may sound a little counterintuitive given the COVID-19 pandemic and the economic headwinds our city is facing. However, these situations are temporary and have created the ideal conditions to lock in a Toronto mortgage. Here are three reasons you should consider getting a mortgage now.


Rates Are Low for a Toronto Mortgage!

Rates are the lowest they've ever been - literally. 2020 saw HSBC post a mortgage rate below 1%1 for their five-year variable rate product. Most industry experts believe that this is the lowest rate any bank has ever offered in Canada.

While the marketing gurus at HSBC designed the offer to make a splash, it indicates the overall interest rate structure right now. RateHub shows the average 5-year fixed mortgage as low as 1.39%2 and a 10-year fixed as low as 2.84%3.

To put these rates into context, consider that, according to the Bank of Canada4, historical rates have been much higher. Nearly 40 years ago, in 1981, the interest rate got as high as 21.46%!

So, if you're looking to save some money on interest, now is the time to lock in a great rate!


The Winter Season Is Creating an Ideal Buying Opportunity

With winter and COVID-19, competition for Toronto area homes is not as high as it once was. The market is still doing well overall. However, if you're looking to buy a home right now in the GTA or surrounding regions, you'll find a lot less competition and fewer challenges getting your offer accepted.

In other words, not only will you save money on your interest rate, but you'll also find it easier to get your offer accepted on the home or condo of your dreams.


Qualifying for a Toronto Mortgage Is Easier Now

The federal government implemented rules in 20185 to ensure Canadians can afford mortgage rate increases. All banks needed to ensure that applicants could afford the actual mortgage interest rate plus 2%, or the current Bank of Canada 5-year benchmark rate.

With interest rates this low, most banks are using the Bank of Canada 5-year rate. As of right now, this rate sits at 4.79%6, and while that might be a full 3.8% above the 0.99% offer that HSBC has, it's still the lowest interest rate since these rules went into place.

Therefore, qualifying for one of these mortgages is easier now than almost any time since 2018.


If You're Looking To Buy, Now's the Time!

With relaxed qualification rules, record-low interest rates, and a less competitive market than years prior, this winter is shaping up to be one of the best times to get a Toronto mortgage. Whether you're looking at buying a condo or you want a single-family home, now is the time to see what's available and lock in a rate that can save you money!

If you're interested in making a move, please contact me! I would love to understand more about your circumstances and help you find the perfect home in this beautiful city.



1 Pete Evans CBC News (2020, December 06) Mortgage rates hit a new low, with Canadian bank posting below 1%. Retrieved December 18, 2020, from https://www.cbc.ca/news/business/mortages-covid-hsbc-1.5828934 

2 ratehub.ca (2020, December 18) 5-Year Fixed Mortgage Rates. Retrieved December 18, 2020, from https://www.ratehub.ca/best-mortgage-rates/5-year/fixed

3 ratehub.ca (2020, December 18) 10-Year Fixed Mortgage Rates. Retrieved December 18, 2020, from https://www.ratehub.ca/best-mortgage-rates/10-year/fixed

4 Bank of Canada (Date Unknown) AVERAGE RESIDENTIAL MORTGAGE LENDING RATE ‐ 5 YEAR. Retrieved December 18, 2020, from https://www.bankofcanada.ca/wp-content/uploads/2010/09/selected_historical_v122497.pdf

5 Lisa Rennie (Date Unknown) The Canadian Mortgage Stress Test in 2021. Retrieved December 18, 2020, from https://loanscanada.ca/mortgage/the-canadian-mortgage-stress-test/

6 Bank of Canada (2020, December 18) Daily Digest. Retrieved December 18, 2020, from https://www.bankofcanada.ca/rates/daily-digest/


Is Now a Good Time to Buy a Downtown Toronto Condo?

16. December 2020 17:30

Buying a new home or getting your feet wet as a real estate investor in Toronto has never been easier than it has today. Despite the country experiencing several economic headwinds as a result of the COVID-19 pandemic, the Canadian housing market has shown no signs of slowing down.


In fact, November was one of the best months on record for resales, far exceeding the previous mark by more than 30% set back in 20181. But despite increasing consumer demand for homeownership coupled with cheap mortgage financing, many buyers are concerned about a weakening condominium market.


While the Toronto condo market has softened over the last year, an increasing supply of inventory offers opportunity if you are looking to expand your real estate portfolio, setting yourself up for massive gains.


If you have been on the fence about buying a condo located in downtown Toronto, here are a few reasons why now is a great time to buy.


Increasing Number of Renters

It is no surprise that the supply of condos in downtown Toronto is increasing. Many real estate investors have decided to sell off portions of their holdings because the tourism markets that they relied on have dried up (at least for the interim) as a result of the COVID-19 pandemic.


But even though inventory is creeping higher, the silver lining is that the number of renters is also increasing. In fact, the number of leases signed in July was up nearly 12% compared to the same period in 20192.


Although vacancy rates are a concern if you are a real estate investor, consider that these might see downward pressure with the recent announcement of approved COVID-19 vaccines.


Furthermore, if you are looking to call downtown Toronto your home, you may be able to find a real estate investor eager to sell you that unit with the perfect skyline view for cheap. Lock in a low interest rate on a new home loan and you can call that a win-win.


Mortgage Rates to Remain Low

The Bank of Canada has, on numerous counts over the last few months, dedicated itself to holding a policy of suppressing interest rates until the economy recovers, labor markets stabilize, and inflation reaches an appropriate target level.


The next schedule rate announcement is set for January 20, 2021 and is expected to remain at 0.25%3. This trend for the benchmark interest rate is forecasted to continue through the end of 2022, with an incremental increase in 2023 only if economic trends become favorable3.


Effectively, this means that mortgage interest rates will remain low for the foreseeable future, fueling the Canadian housing market. If you are looking to buy a downtown Toronto condo, you may never get an opportunity to lock in a lower interest rate again.


Since most mortgage loans span terms of many years, that could be a massive savings over the life of your loan.


Low-Maintenance Life

Sales data supports the notion that homebuyers over the last few months are skewed towards buying detached single-family housing. But the problem with buying a house is that there is a lot of maintenance that goes into keeping it functional and modern (or else it begins to impact safety and market value).


However, if you are seeking a low-maintenance experience, a condominium is great because your monthly condo fees go towards normal maintenance tasks such as lawn care and snow removal.


Most condo buildings also offer amenities that many detached homes cannot provide such as gyms, recreational areas (i.e., basketball, volleyball, tennis courts, etc.), or even pools. While you can install many of these with a traditional single-family home, you will be stuck floating that $50,000 bill to have that heated pool installed and you may not even recoup all of your investment when it comes time to sell.


Lastly, location can be a considerable driving factor. There is not a ton of inventory in downtown Toronto in terms of single-family homes compared to condos or townhomes. While COVID-19 does have many concerns about health risks living in more urban epicenters, understand that at some point society will have to return to some sort of normalcy. Why not set yourself up to live by all the attractions that Toronto has to offer once that time comes.




1 Hogue, R., & RBC. (2020, December 15). Canada's Housing Market Kept on Rolling in November. Retrieved December 16, 2020, from https://thoughtleadership.rbc.com/canadas-housing-market-kept-on-rolling-in-november/?utm_medium=referral&utm_source=economics&utm_campaign=housing

2 Punwasi, S. (2020, August 14). Toronto Rental Market Hit by 82% Spike in Apartments for Rent. Retrieved December 16, 2020, from https://wolfstreet.com/2020/08/13/toronto-real-estates-latest-problem-is-soaring-rental-inventory/

3 MortgageSandbox. (2020, December 14). Canadian Mortgage Interest Rate Forecast to 2023. Retrieved December 16, 2020, from https://www.mortgagesandbox.com/mortgage-interest-rate-forecast


Don Valley Village社區簡介

13. December 2017 09:14

Don Valley Village 社區位於西起Leslie St往東到Highway 404北邊從McNicoll Hydro Corridor 往南到Sheppard Ave E的區間屬於North York的東北角。本社區各種族裔的居民都有,華人比例也很多。


Don Valley Village交通非常方便,位處於404401高速路交匯處,數分鐘便可以上這兩條高速公路。Sheppard地鐵線通過本區的南邊,有LeslieDon Mills兩站,搭地鐵通往Downtown或多倫多其他地點都非常方便。


住在這個社區裡到鄰近購物極其方便,社區內著名的Fairview Mall商場,各大知名品牌精品服飾皆有進駐。社區的中心點是一個花生形狀的商場,因而取名叫Peanut Plaza。此外Skymark PlazaFinch & Leslie Square也在本區內,西人及華人各大超市皆有,生活機能極佳。


Don Valley Village社區有兩個社區活動中心Oriole Community Center提供居民戶外游泳池和室內冰上运动場,Seneca Village Community Center有室內籃球場,提供各種年齡層的人可以參與的多樣化休閒活動。此外還有Fairview 圖書館提供人們學習及讀書的最佳去處。


這個社區著名的小學Seneca Hill Public School 在安省排名第一,是一所頂尖的好學校。Crestview Public School 也在安省排名前9%。中學有著名的AY Jackson Secondary School,而著名的Seneca CollegeNewnham校區也座落在本區中,超過11,000名的全職學生在此就讀,同時學校也提供夜間及周末課程,是全加拿大最大的College校區之一。

社區的南面Sheppard Ave上近來快速發展,許多公寓大樓陸續興建,著名建案包括Emerald CitySoul Condos,展現蓬勃的生機!這個社區因為有Seneca College在此,所以有一些屋主將房間分租給學生。半獨立屋價格大約在80萬到110萬,而獨立屋的價格大約在120萬到180萬之間。近來舊屋翻新也漸漸在這一區出現。


80 Silas Hill Dr半獨立屋,叫價 $1,098,000

4+2 臥室,4 洗手間,1+1 廚房,完成地下室有分門出入





10 Hollybrook Cres獨立屋,叫價 $ 1,499,000

4+1 臥室,2 洗手間,1 廚房,完成地下室



61 Cobblestone Dr獨立屋,叫價 $ 1,758,000

4+1 臥室,4 洗手間,1 廚房,完成地下室








Pleasant View社區簡介

6. December 2017 12:26

Pleasant View 社區位於西起Highway 404往東到Victoria Park Ave北邊從Apache Trail (Finch之北) 往南到Sheppard Ave E的區間屬於North York的東北角早期居民以義大利與希臘族裔居多,社區內處處可看到美麗的庭院園藝,近幾年來中國移民也逐漸增加


Pleasant View社區環境優美寧靜非常適合家庭居住。交通尤其方便,位處於404401高速路交匯處,數分鐘便可以上這兩條高速公路。Sheppard地鐵線的Don Mills站就位在Fairview Mall旁,搭地鐵通往Downtown或多倫多其他地點都非常方便。


住在這個社區裡到鄰近購物極其方便,附近有Fairview Mall商場,各大知名品牌精品服飾皆有進駐。鄰近的Peanut PlazaSkymark PlazaVictoria Park Square,西人及華人各大超市皆有,生活機能極佳。


Pleasant View是一個Family Friendly的好社區,Van Horn 公園每逢夏天總有許多家庭在此遊樂,享受戶外時光。Pleasant View 社區中心提供各種年齡層的人可以參與的室內休閒活動。圖書館以及室内、室外冰上运动場與戶外游泳池,更提供社區許多學習以及休閒運動的去處。


這個社區的小學Cherokee Public School 在安省排名為前4%Ernest Public School則排名在前10%,另外有Brian Public School 提供French Immersion課程。中學銜接到Pleasant View Middle School,高中則到Victoria Park Ave以東的Sir John A Macdonald CI就讀。

社區的南面Sheppard Ave上近來快速發展,許多公寓大樓陸續興建,展現蓬勃的生機!本區與其他北約克地區相比,價格相對偏低,非常具有投資價值。這個社區因為鄰近Seneca College 所以有一些屋主將房間分租給學生。這裡有許多的半獨立屋都有分門出入的走出式地下室帶廚房,非常適合分租。價格大約在80萬到100萬之間。而獨立屋的價格大約在120萬到150萬之間。近來舊屋翻新也漸漸在這一區出現。


126 Apache Tr半獨立屋,叫價 $ 899,000

3+3 臥室,4 洗手間,1+1 廚房,完成地下室



19 Crossbow Cres獨立屋,叫價 $ 1,288,000

4 臥室,3 洗手間,1 廚房,完成地下室



93 Pleasant View Dr獨立屋,叫價 $ 2,188,000

5+2 臥室,6 洗手間,1 廚房,完成走上式地下室





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