Morrison Report (Toronto Real Estate Insights)

Guest Speaker: Sean Galbraith, Principle and Owner of Galbraith & Associates • What is an urban planner and what does his company do? • Why do developers need to work with a professional like Sean? • What’s involved in putting together a development application? • How long does it usually take for a developer to put together and then build a project? • What is the OMB (Ontario Municipal Board)? •...

Guest Speaker: April Stewart, Owner of Landlord Legal which provides Professional Services for Landlords • Why landlords need an advocate • When landlords tend to call on April's services • Why some of her clients are trying to evict their tenants • When a sheriff should get involved in an eviction • Does she ever run into professional tenants and who qualifies as a professional tenant? • What Apr...

Guest Speaker: Jean-Paul Bedard; Him and his wife are sharing a house with another couple. As housing prices climb in the city many people really have to get creative as to how they can own a home in the city and Shared Ownership is a great option. • How the Shared Ownership arrangement came about • Was it difficult to get everyone on board with the idea? • How they handled the finances and who th...

Guest Speaker: Oliver Dang, Him and his family share a house with another couple. As housing prices climb in the city many people really have to get creative as to how they can own a home in the city and Shared Ownership is a great option. • Was it difficult to get everyone on board with the idea? • How they handled the finances and who they put on title • Did they put together any kind of formal...

Guest Speaker: John Groe, Managing Partner at Accessible Daily Living • Why people should engage in John's services • Things he does to people’s homes to make them accessible • The simple things people can do to make their homes more accessible • The services he provides to people through this process • Is this expensive? What are the price ranges for modifying homes? • Why contact a contractor/co...

Guest Speaker: Ellen Nightingale, Family Law Lawyer • If Ellen had a friend who owns their home, what advice would she give them if their partner was thinking of moving in with them? • The differences when it comes to property rights if someone is married vs in a common law relationship • Does having kids or step kids change any of these dynamics? • Does this all apply to same sex partnerships? Sp...

Chris Spoke, Co-Founder of Housing Matters, joins us this week on the Morrison Report. Housing Matters is a community of urbanists, activists, and others working towards a growing dynamic and affordable Toronto. This episode dives into the Housing Matters initiative, 'Yes In My Backyard' (YIMBY), a departure from the 'Not In My Backyard' (NIMBY) movement. • Why Chris felt the need to start Housing...

Guest Speaker: Mark Purdy, Rental Rebate Tax Consultant • Mark's background and how he got started in this business • Once a pre-construction condo has been purchased, who pays the HST and how to avoid paying it? • Do international buyers qualify for the rebate? • Details about the 15% foreign buyer’s tax • Does it matter whether it’s the principal residence or a rental property? • Is HST owed on...

Guest Speaker: Darcia Armstrong, one of my clients I recently helped Darcia and her husband sell their condo and find a rental. •Why Darcia and her husband decided to sell their condo •How Darcia decided to select an agent after selling her condo •Why she selected Davelle over all the other agents with whom she could've listed with •How she you felt about her condo taking some time to sell and how...

Guest Speaker: Katherine Gross, one of my clients I recently helped Katherine sell her condo and buy another one. • After she decided to sell you condo, how did she decide to select an agent? • Why Katherine selected me over all the other agents that she could have listed with • Her condo sold very quickly, then deal fell through. It that happened a second time until it finally sold. How did she f...

Part 2 of Shared Ownership is from a legal point of view. As housing prices in Toronto climb, we have to find creative solutions to home ownership. I’m a big advocate of friends buying houses together. • Recommendations for people contemplating on sharing a property with a friend, a stranger, anyone really. • Should they write those goals on paper together? • Should they have a legal agreement bet...

Guest Speaker: Ben Sammut, Mortgage Broker with Mortgage Gate This episode is about Shared Ownership from the mortgage broker’s point of view. As housing prices in Toronto climb, we have to find creative solutions to home ownership. I’m a big advocate of friends buying houses together. • Recommendations for people contemplating on sharing a property with a friend, a stranger, or anyone else • The...

Guest Speakers: Sam Simone & Monica Klingenberg, Sales Representatives with Chestnut Park Real Estate Limited, Brokerage in Prince Edward County, Ontario. • Where is Picton, Prince Edward County area? • The areas that make up Prince Edward County • What’s compelling about the area and why people should purchase or visit Prince Edward County • The reasons Sam and Monica moved there • Buying in Prin...

Guest Speaker: Andrew Sorbara, Co-Founder, Lanescape • What Lanescape is and how it started • Would Laneway housing improve the rental supply in Toronto? • What stopped Toronto from having more laneway housing in the past • Are there other cities with laneway housing? • Pushback from homeowners who feel their neighbourhood would become too crowded • The cost for a home owner to change a garage int...

Join Tracey Cook, Executive Director, Municipal Licensing & Standards, City of Toronto discuss the city's plans for the short-term rental market • What the City of Toronto will be doing with respect to Airbnb • Why Tracey and her team felt it was necessary to look at the impact of short-term rentals in the city • The feedback process from the various stakeholders • Are the hotels in losing out on...

Join me as I speak with Rob Palm, Resort Marketing & Sales Specialist with the Whistler Real Estate. • What is compelling about Whistler and why should people purchase there? • The lifestyle in Whistler • Whistler's landscape for real estate investors • Landscape for downsizers and people looking for a vacation property • How is the vacation rental market there? Do people use AirBNB? • The project...

Guest Speaker: Patrick Egan, Broker, Royal Lepage Locations North in Collingwood, Ontario. • Where is Collingwood? • What is compelling about the area and why Patrick thinks that people should purchase in Collingwood • Is Collingwood good for real estate? • Advice for downsizers and people looking for a vacation property • How is the vacation rental market there? Do people use AirBNB? • Quarter-sh...

Guest Speaker: Murtaza Haider Associate Professor, Ted Rogers School of Management, Ryerson University in Toronto , Director of consulting firm, Regionomics Inc. and a regular contributor to the Huffington Post. His Insights: • What the Toronto market can learn from other cities around the world with respect to housing • Are our city officials are doing enough to increase the housing supply throug...

Guest Speaker: Daniel Toma, Chartered Accountant • Write-offs for people with basement apartment or another suite in their home they rent out • What percentage of their home expenses can they write-off and how is that determined? • Write-offs for real estate investors that own 1 or more property • What is depreciation and how does it work when you sell your property? • Depreciation of principal re...

Michelle Binette, Interior Decorator, guides us through the 8 finishing touches you need to finish off your home. • Do you really need the right colour, patterns, textures or even wallpaper for your home? • Does the amount of light you have in your home matter? • Is black really back?

Josh Sherman, real estate report from online real estate portal BuzzBuzzHome gives us his market insights. How do you come up with your story ideas? Do you find it easy to pull information from your sources? Do you ever find inconsistencies with the information you’re receiving from them? Do you think a foreign buyer tax is a possibility and what your sources saying? What other impacts do you thin...

Chris Kiely, Associate Broker, Breckles Insurance highlights the importance of having insurance whether you are a home or condo owner, renter or landlord.

Alan Carson, Owner and President of Carson Dunlop Home Inspection discusses some of the important things you need to know about home inspection. Who is Carson Dunlop and how long have they been around? What does a home inspection do? Why should someone consider getting a home inspection? Should a buyer have their own home inspection or is it okay if the sellers have one? What are the worst things...

Alan Carson, Owner and President of Carson Dunlop Home Inspection discusses the importance of home inspections for condos. Why should you consider getting a home inspection for a condo? What kind of systems exist in a condo that need inspection? What is kitec plumbing? How can an inspector find kitec plumbing?

Lucie Brand, co-owner of Toronto Condo Staging and Design discusses why it is important to stage a property before putting it on the market. Why should you stage a house or condo? What paint colours can make the biggest difference in a sale? What paint colours can turn buyers off? How much of a difference can staging make to the actual sale price? Do buyers really need to see staging? What are som...