But 2013 is a significant year because it's 5 years since the 40 year, 0 down mortgages were eliminated which will now come up for renewal. Shouldn't this, in theory, result in a lot of people who have to renew at 25 years being unable to afford the much higher monthly payments and having no...
Is he good at his job? If so I would not think he is being overpaid. If the job paid poorly, they would not be able to attract and retain someone good, and you would be stuck with an incompetent super. I know that I would not be willing to put up with a mediocre super just to save a few dollars...
I was inside this tower a few days ago to look at a condo. 1 br condos are going for $1300/m in that building but I was pretty unimpressed. The one I looked at had a musty smell inside, similar to an older apartment building. It was also pretty beaten up, the landlord seemed to make no attempt...
I would also research into investments other than GICs. There are other investments that are very low risk (not no-risk like GICs, but still very low) that pay significantly better than GICs. A portfolio of several dividend-paying stocks (for example a telecom, a bank, a pipeline, and a REIT)...
According to Garth Turner there are currently 85,000 condos being built in the GTA? If that's true, who is gonna live in all those condos? I know Toronto is growing, but it's not growing THAT much.
I live about 10 mins from there and I have Acanac for internet so I don't see why you wouldn't be able to get it there. Acanac DSL is just a Bell reseller with better rates and no monthly cap, so if you can get Bell you can get Acanac. Likewise, Acanac Cable is just Rogers. I believe Techsavvy...