Andrea Bertucci

When Life Moves You, I'm Here to Help.

If you’re planning to buy a home in the next little while, you will likely have to do

i t sight unseen. Just a few days after the Ontario Real Estate Association (OREA)

urged its members to cancel all open houses, the group is now urging agents to

stop all person-to-person business. That includes “open houses, and in-person

showings, particularity of tenant-occupied homes,” OREA said in a statement

Tuesday afternoon. “While clients who may decide t o host private showings during

this time are making the decision for themselves, tenants often have no choice in

the matter, putting the health of all those involved at risk.”.

As part o f i t s state o f emergency, the Ontario government declared real estate an

essential service, allowing home sales to continue. The move was made primarily

to allow those who have already bought and need to sell, or those who have

already sold and need to buy, to finish their transactions.

We as realtors have a responsibility to protect...

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This blog post isn't about Toronto's hot real estate market or the hip coffee shop down the street. It's about Covid. 

The past two weeks have marked a massive paradigm shift in our lives. Our daily routines have been appended by the ever increasing cacophony of terrifying news reports, school closures, lockdowns and tense conversations amongst friends and family, all trying to decipher the new meanings of self-isolation, social distancing.

While pandemics were once relegated to the history books, it's effects are now permanently etched into our cultural milieu . We now know with certainty that our lives will be forever changed by Covid-19. But, however distant it may seem, we will pull through this. Many of us with our own battle scars.

We are also bearing witness to the symphony of friends, neighbours and strangers  ready and willing to lend a hand. Despite physical distancing, we have come together through this shared experience. We are reminded of our oneness as a human race....

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One of the most wonderful things about Toronto is its patchwork of distinct neighbourhoods, each with its own unique vibe and character. One of the most fascinating and fun is Koreatown, running on Bloor St. W., between Bathurst and Christie.

While Koreatown proper has been around for a number of years, it really got established in the 1970s when changes to immigration policy created the opportunity for newcomers to settle in Canada. They were-and are today- a very tight knit community with an admirable entrepreneurial spirit that creates a truly special kind of neighbourhood.

Koreatown, of course, is home to some of the city’s best Korean restaurants. Streetscapes are dotted with other small, mostly family-run shops offering Korean fashions, food and other wares, along with salons and boutiques. It’s also one of the best places in town for a fun night out (K-Pop? Karaoke? Yes please!).

This neighbourhood is also an interesting study in gentrification and what it means for a...

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Anyone in the market to buy a home in Toronto would be well-accustomed to the notion of a bidding war. The concept is almost ubiquitous with Toronto Real Estate. Recently, a client told me he wasn’t interested in seeing a house that would likely go into multiple offers. I wondered if he’d ever get a shot at buying that prized four-bedroom home in one of Toronto’s coveted neighbourhoods. The fact is there are more Buyers than Sellers, and we’re indeed in the midst of New Listings lull, compared to previous years. Add to this the common tactic of under-pricing a home when listed, and virtually any Toronto home on the market will draw a crowd.

After mulling-over my client’s comment, it occurred to me he is either deathly afraid of biting off more than he could chew, overpaying or he doesn’t yet understand the process. With that, here’s what you might expect when your Buyer Agent anticipates multiple offers.

The Offer Date

You find that home, walk through...

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When you purchase a home, the ownership of the property (i.e. the title) is transferred to you. Basically, title insurance protects you from fraud, undisclosed liens or any other issues that might interfere with your full ownership of your property.  

You would generally buy title insurance when you purchase the home, although it can be purchased at any time during your tenure as homeowner. Sometimes homeowners go without title insurance, either thinking that it isn’t necessary or erroneously thinking that title ownership is covered in your home insurance. In fact, title insurance is something else altogether and should be something seriously considered by homeowners, because there is a lot of potential implications.

What Does Title Insurance Protect you from?

In a nutshell, title insurance protects you from “title defects”. Title defects are basically anything that would prevent you from owning the property free and clear. In contrast, homeowner’s insurance...

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Changes were announced to the mortgage stress test on Tuesday; hopeful homebuyers will be pleased to learn that the lending restrictions have loosened slightly.

Intended to reduce overall debt vulnerability and create a cushion that would allow highly leveraged buyers the ability to manage their mortgage debt should rates increase, the current mortgage stress test actually presented another set of obstacles for. The current benchmark rate isn’t accurate measure, and doesn’t react swiftly to changes in the market. It is also currently tied to the rates set by the big banks, which was another point of criticism.

The mortgage stress test, introduced in January 2018, did have a short-term impact of cooling the heated real estate market, because the buyer pool effectively shrank; however the longer-term impact have greater implications. At Justin Trudeau’s behest, and after consultation with OFSI and the Bank of Canada, Finance Minister Bill Morneau modified the stress test...

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\With the high price of real estate in Toronto, homebuyers are becoming more and more creative as they seek ways to achieve their dreams of home ownership. One homeownership strategy that is becoming more and more popular is co-ownership.

While co-ownership is a homeownership model that has actually been around for many years, this concept has seen a surge in the last little while. The Provincial Government has even suggested this model as a strategy to work around limited stock and affordability issues in Toronto, releasing a guidebook on co-ownership late last year.

The co-ownership model has many potential participants and properties (including living in a single home together), but one that is particularly interesting in Toronto is when you purchase a triplex or duplex with friends or another couple.

As with all real estate strategies, it is prudent to consider all of the pros and cons before proceeding. Given that there are potential legal and financial complexities to this type of...

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Buying your first home is simultaneously thrilling and terrifying.  Achieving your dream of homeownership is exciting, but given the size and the complexity of the transaction, along with the responsibility, it can be a little daunting as a first-timer, to say the least.

 Doing research and becoming knowledgeable is your best way to create peace of mind and make good, rewarding decisions. Here is what you need to know as a first-time homebuyer.

Set a Budget

The absolute first step when you are looking for a home is to establish what your budget is. It’s tempting to draw up a wish list with all of the features of your dream home, but you need to use your budget as the framework for your house hunt- not the other way around. Determining what you can afford will actually help you to build your wish list and reduce your financial vulnerability down the road.

It’s a good idea to keep some wiggle room in your budget, so you don’t become house poor. Don’t forget...

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I have listed a new property at 54 North Marysburgh CRT in Prince Edward County.
Prinyer's Cove Is A Sailor's Paradise, A Sheltered Harbour In Prince Edward County. Sail Or Motor Right To Your Dock, Batten The Hatches & Rest Ashore In This Lovely Waterfront Home. Stunning Water Views From The Wrap Around Deck, Stone Patio, Screened In Porch Or The Master Bedroom Deck. Lovely Open Living Area W Stone Fireplace, Wall Of Windows, Cathedral Ceiling & Spacious Kitchen With Lots Of Counter Space To Prepare & Enjoy Local Produce & County Wines.
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I have sold a property at 78 Pinewood AVE in Toronto.
Pining For Pinewood! The First Floor Has Unbeatable Flow & Beautiful Design W/ A Large Show-Stopping Marble Island, Walnut Floors, And W/O To Professionally Landscaped Backyard Of Your Dreams, Perfect For Chilling Or Entertaining 50 Of Your Closest Friends! Detached W/ 4 Bedrooms Upstairs & Basement W/ High Ceilings & Beautiful Polished Concrete Floors. Set On A 25X129 Lot, Option To Extend Or Possible Pool In Your Future? Amazing Home On An Amazing Street!
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I have sold a property at 929 1 Shaw ST in Toronto.
Who Wants To Bbq On A Terrace With A Panoramic Cn Tower View? Located In The Centre Of It All - Just Steps To Hip Ossington, Cool Queen West & All The Sizzle Of King West, This Bright Lights Big City 2Bed 2Bath Sky Perch At King & Shaw Offers Stylish Turn-Key Living, An Intelligent Space Plan & The Perfect Postcard View! Situated In A Well-Managed Reputable Pet-Friendly Building, This Is The Trifecta Of Location, Value & Lifestyle!
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I have sold a property at 23 Humewood DR in Toronto.
Welcome To This Large 4Bedroom Home In The Heart Of Cedarvale-Wychwood. Roomy Principle Rooms W/Original Gum Wood Trim Add Great Charm Throughout. An Updated Open Concept Kitchen & Family Room Are An Entertainers Dream. The Huge Private Backyard Is Perfect For Sports & Bbq's. Humewood Park, Humewood Community Schools & The Leo Baeck Day School Are All Within Walking Distance. Ttc Street Car Is 3-Min Walk From Ur Front Door. Life Is Good On St.Clair West!
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I have sold a property at Upper 408 Runnymede RD in Toronto.
You Will Be Impressed By This Spacious Upper Duplex Apartment! Bright & Clean W/ Newer Windows And Floors. Two Bonus Sun Rooms At The Back & Front Of The House. Private Side Entrance And Ensuite Laundry. Backs Onto A Park. Access To Private Backyard With Bbq. Just Minutes To Bloor West Village & Runnymede Subway Station. No Pets. No Smoking. Tenant Pays Separately Metered Heat, Hydro, Phone,Cable. Street Parking W/ Permit.
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Is it safe to say that the Toronto real estate market is moving into uncharted waters in 2020? 

The month of December is tyoically one of the two slowest sales months of the years for real estate transations (August is the other traditionally slow month). It's typically a good month for Buyers to jump into the market and snag a deal. However, the surprise was that December's 5.8% increase marked the sevent consecutie month of accerlation. This is the highest growth rate since October 2017. A lack of inventory, low mortgage rate and continous migratoon to the GTA are the macro factors that are propelling the market. 

The price of a typical detached home is moving higher across Greater Toronto. TREB reported the detached benchmark reached $961,100 in December, up 5.8% from a year before. The City of Toronto is naturally higher at $1,157,100, up 5.44% over the same period. 

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While you might feel mad love for our great city, there are times when you need to trade the sights and sounds of Toronto for big skies, wide-open spaces, and a little peace and quiet. Sometimes, the only way to unplug is to leave the city. That’s exactly what my clients decided to do when they purchased their lakefront getaway in Prince Edward County, in quant North Marysburgh. This rural enclave is located three hours from Toronto, facing the pristine waters of Prinyer’s Cove. The drive may seem arduous for some, but this executive couple will be rewarded with a scenic country drive, complete with farmer’s fields, vineyards and spectacular water views. 

Prince Edward County has now become Toronto's getaway retreat destination. Whether you fancy a country drive and wine tour, foodie dining experiences or simply to sit by a cozy fire underneath the stars, there is always an something that suits how you rest and recharge. 

Imagine your very own weekend retreat...

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Tucked into the coveted Wychwood Barns neighbourhood is the quiet, deadend street named Braemore Gardens, perched above Christie Street in midtown Toronto. There you'll find house number 47, a solidly built detached home that has been owned by the same family for over 60 years. Vintage lovers will appreciate the 1960's era details such as the pink-tiled bathroom with pink toilet and bathub to match. The home is now For Sale and ready to be loved by a new family. The home boats a living room, formal dining room and a second kitchen on the upper level that can easliy convert back to a gracious master bedroom. There 's even bonus attic space that can be converted into a fabulous offiice or playroom. 

Anita Merlo, is the listing agent and colleague at Bosley Real Estate.  

Braemore Gardens is a stone's throw from Artscape Wychwood Barns, resturants and more in the covered St. Clair West community. Here' Why You'll Love St. Cair West. 

Care to learn more?
Call or text...

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Truly sublime urban living requires convenient access to green space. Parks really are the hubs of individual neighbourhoods, where residents congregate, enjoy the outdoors, walk their dogs, unwind in the green space and play with their kids. 

These pockets of green space are even more valuable (and fascinating) when they have a story behind them, as does Humewood Park, located at 37 Humewood Dr, near St. Clair Avenue West and Bathurst Street.

Today, when you visit Humewood Park, you’ll be greeted by lovely, leafy green areas, canopies of mature trees, walkways, many benches that are perfect to sit and read or drink your coffee and a children’s playground. Many years ago, this piece of land was actually part of William Hume Blake’s estate (for whom the neighbourhood was named. 

In fact, there is a plaque erected in the park to honour William Hume Blake and to tell a little of his history. An Irish immigrant, he settled in the area in 1932. He was...

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Generating rental income is an excellent way to improve cash flow and build up your wealth. It can also be a great way to keep your own mortgage costs down, all the while building up equity.

However, becoming a landlord is more than just putting up a “For Rent” sign and collecting rent from tenants. Before you consider becoming a landlord, there are a few things that you should consider.

Protecting Your Rights as a Landlord

There are a number of rules and regulations intended to protect both the interests of tenants and of landlords. The rights of landlords and tenants are laid out by the Government of Ontario in the Residential Tenancies Act.  As they say, knowledge is power, so it is a good idea to become familiar with the document. While the act is quite detailed and complex, here are some of the most important facts.

What do I Need to Know About Increasing Rent?

A landlord is able to raise the rent every 12 months, but is required to notify the tenant 90 days in advance...

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Something magical happens when people gather for Good. Recently, I hosted Sunday Brunch for friends and asked that each guest bring items to contribute to Gift Boxes for the Shoe Box Project. What followed after the gourmet waffles and mimosas were served was a coordinated grand gesture of women assembling giftboxes, filling each with ‘little luxuries’ to be gifted to women facing untold hardship and living in a shelter. Love and good vibes flowed freely throughout the room as each guest organized their gift box and thoughtfully crafted an encouraging note to the anonymous recipient of their gift.  

The Shoe Box Project charity in particular struck a chord with me. There is a certain dignity to be able to put on a little mascara, nail polish and use good skin care. These rather simple rituals of selfcare, bring dignity and a small sense of normalcy in their otherwise uncertain world. These small gifts, along with chocolate, a journal and pair of gloves and a thoughtful...

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