Carl

Toronto Loft Owners, First CO Alarm Deadline is Here

We cover many topics affecting Toronto loft owners on this blog but this may be one of the most important articles we’ve ever written. Each year, carbon monoxide poisoning claims more than 50 lives in Canada and injures hundreds more. Yet it’s not only preventable, it’s relatively affordable...
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Carl

Best Toronto Lofts in the Junction Triangle

As its name suggests, the Junction Triangle is a triangular-shaped neighbourhood. It’s enclosed by three sets of railway tracks, running between Dundas and Lansdowne from College north to Dupont. Recent years have seen the development of many industrial lofts and urban townhomes in this...
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Carl

Mortgage Rates to Hold After Bank of Canada’s Announcement

After waiting in anticipation of a further cut to the overnight rate, the Bank of Canada announced last Wednesday that they were instead holding firm at 0.75%. Talk of a special announcement so shortly after January’s surprise cut, the first of its kind in five years, had the industry abuzz....
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Carl

Top Toronto Lofts Under $500,000

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Recent cuts to mortgage rates have spurred a new generation of buyers to jump onto the Toronto real estate bandwagon. With lower interest rates, it’s easier for first-time buyers to carry a Toronto loft. But buyers still need to come up with the initial down-payment and so clearly the lower...
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Carl

Toronto Loft Interiors: Is Open-Concept Living for You?

  Toronto lofts are synonymous with open-concept living. It’s easy to see why open-concepts are all the rage when you see well-designed, well-furnished spaces like our client’s Unit 201A in the Wrigley Lofts pictured above (recently sold). Open-concept interiors make rooms appear larger,...
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Carl

The Value of Toronto Lofts in South Riverdale-Leslieville

We recently did a comparison between South Riverdale-Leslieville lofts and their west-end equivalents on our sister blog on condos.ca. Now, our MrLOFT Team loves both sides of the Yonge Street divide and there’s no denying the allure of west-side living. Popular buildings like the Tip Top...
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Carl

Maintenance Fee Myths

This is my favourite inforgraphic from Condos.ca to date, If you're looking for a loft with low maintenance fees the Toy factory lofts has the lowest in the city, this building is truely an example for the entire city, It's exceptionally well run and organised, even with the reduced fees the...
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Carl

Could Plunging Oil Prices Affect the Toronto Loft Market?

While Canadian homeowners welcomed news of mortgage rate cuts, the plunging oil prices that helped to drive the Bank of Canada’s cut in prime lending rates by 0.25% is unsettling news for the larger Canadian economy. From a Toronto real estate perspective, particularly for those of us...
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Carl

Movin' On Up: How Transit Plans are Shaping the Toronto Loft Market

  It’s easy to see why public transit is in higher demand than ever before. Downtown gridlock has now become city-wide congestion so fierce that many drivers opt to leave their cars at home and take the TTC and/or GO for their weekly commute. Others chose public transit for its convenience (a...
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Carl

Toronto Lofts: Spotlight on The Robert Watson Lofts

Each month at MrLOFT, we take a look at one of our favourite authentic Toronto lofts. Last time we highlighted the Toy Factory Lofts in Liberty Village. This month, we’re turning the spotlight towards one of best hard loft conversions in the City – The Robert Watson Lofts at 363 and 369...
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