Are Variable-Rate Mortgages Too Risky?

Variable mortgage rates can seem like a scary option in these uncertain times, but are they really that risky? My answer might surprise you. Inflation talk continues to dominate the headlines, as do warnings that borrowers should choose fixed-rate mortgages because variable rates will soon take off. That’s safe advice to be giving right now. Following the consensus provides cover…

Are Variable-Rate Mortgages Too Risky?

With inflation fears making an impact – what should Canadian borrowers do right now? Inflation talk continues to dominate the headlines, as do warnings that borrowers should choose fixed-rate mortgages because variable rates will soon take off. That’s safe advice to be giving right now. Following the consensus provides cover if that call ends up costing borrowers money, and variable…

Marlin Spring Proposes 59 Storeys at Lake Shore and Park Lawn | UrbanToronto

At the end of September, 2021 Marlin Spring Developments submitted Official Plan Amendment and Zoning By-law Amendment applications to the City of Toronto for a condominium building at 2189 Lake Shore Boulevard West in Etobicoke’s Humber Bay Shores area. For this site on the east corner of Lake Shore Boulevard West and Marine Parade Drive, Wallman Architects have designed a mixed-use tower of…

UrbanToronto Updates from the Industry for October 25, 2021 | UrbanToronto

This is an UrbanToronto industry update sharing information and status updates from around the industry as a means to keep our readers in the loop. We are covering updates related to rules, regulations, and changes that are being made as a result of the pandemic that impact the real estate and building industries in Toronto.  In today’s report: McGibbon Condominium Report Coming…

Toronto’s First Car Condo On Its Way in Etobicoke | UrbanToronto

Located about a 15 minute drive from the downtown core, Toronto’s very first condo for cars is on its way at 20 Towns Road near the foot of Highway 427 and the Gardiner Expressway. The project, by ToyBx, offers commercial condominium units specifically tailored for car storage, and is being developed at the site of a former purpose-built concrete distillery…

News Roundup for October 25, 2021 | UrbanToronto

Ontario lifts capacity limits in restaurants, gyms, casinos today; Five Ontario cities where houses are selling most above asking have been revealed; Toronto police investigating eight separate weekend shootings; and more news: Toronto Councillor Joe Cressy announces he won’t seek re-election (Global News) Ontario lifts capacity limits in restaurants, gyms, casinos today (CTV News) Five Ontario cities where houses are selling most above asking…

Nighttime Lighting | UrbanToronto

Certain buildings in Toronto lend themselves so well to our Daily Photo feature, that sometimes the same building is worth multiple days in a row. UrbanToronto Forum contributor Dustin William grabbed this long exposure of the CIBC SQAURE’s south tower last week as a TTC bus passed by on a nearby street, creating traces of coloured light across the shot. Looking…