Now here’s a feel-good story sure to tug at your heartstrings. No doubt you’ve seen all those “Thank you, frontline workers!” and “Hang in there” COVID-19 relief messages from kids – hanging in windows, over garages or written in chalk on sidewalks.
“Spread love, not germs,” by Marco B., age 4. Charity: United Way of Canada
Toronto developer Devron Developments and other real estate companies have decided to turn this artwork into opportunities for charitable giving.
A Big Picture
Devron has launched the “A Big Picture” art contest, asking children across Ontario to draw or paint positive messages related to the COVID-19 crisis. More than 50 entries have been submitted so far.
“We are all in this together,” by Celeste Q., age 10. Charity: Covenant House
One young artist will be chosen as the winner for producing the most heart-warming and inspiring message. Their artwork will be displayed and illuminated on a large billboard at 1140 Yonge St., in the heart of midtown Toronto.
The top three winners will help select three local charities to whom donations will be made. As of the first week of May, at least $45,000 had been raised.
“We’re always connected by our hearts,” by Marlow R., age 8. Charity: Food Banks Canada
Scratch, stain and heat resistant, Caesarstone quartz is not only perfect for bathroom countertops and vanities, but also wall claddings, flooring, accents and more.
The COVID-19 pandemic has had a devastating impact on Canada, Ontario and the Greater Toronto Area, and my heart goes out to residents of the GTA who have been affected or lost loved ones to this terrible virus.
Following its initial sold-out debut, developer Aoyuan International is releasing new inventory at its landmark 8.6-acre master-planned community, M2M.
Located north of Toronto in York Region, Vaughan has long been one of the fastest growing municipalities in Canada, with a population now exceeding 306,000.
COVID-19 is challenging all kinds of things about life in Canada – including the way we live and work. Our panel of experts share their insights on the architectural and design changes already taking place.
We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
Over the last few months, we've seen our world transform at the hands of a global pandemic. We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
When it comes to getting a mortgage, there's no shortage of demand right now. In addition to those looking to refinance or switch to the very low rates available, there are many Canadians who purchased homes before the pandemic who are looking to get approved. Further, the real estate market is beginning to heat up again, therefore mortgage demand is expected to rise even further. The good news is that despite the current situation, there are great options available to apply for a mortgage without having to leave your home.
In the face of COVID-19, operations and procedures across the mortgage industry have been forced to adapt and do business virtually. With many large financial institutions not exactly built for online, this has lowered efficiencies and increased wait times for many customers. Traditional brokers are also facing this dilemma. Many of them don't have the infrastructure to facilitate the mortgage process outside of their offices, which has prompted a shift toward mortgage technology companies. For example, we have seen a 400-per-cent increase in site visits over the last three months.
Mortgage tech companies are a popular choice and have been resilient because they were already built to streamline the process digitally, while still having advisors to support clients throughout the process. People are looking for contactless options and these companies have been able to deliver an efficient way to get a mortgage without delays, and often get a better product than they would get with more traditional solutions.
Regardless of the route you choose, here are a few things to keep in mind if you plan to refinance, switch or apply for a new mortgage during this time:
1 - Looking to buy a home soon?
Get pre-approved. All this extra time on our hands has many people reassessing their personal finances and starting to plan for the future. There's been a massive uptick in people getting pre-approved; it's an important step and allows prospective buyers to search for a home with confidence, understand what they can afford and lock in a mortgage. To get pre-approved, contact a broker, call your bank or apply online with a digital mortgage company.
2 - Prepare your documents in advance.
Whether you're looking to refinance, switch or apply for a mortgage, you'll need to have the right documents on hand. Get a head start and organize all your paperwork to speed up the process later on.
3 - Shop lenders for the best mortgage.
Going from one bank to the next to find the best mortgage isn't something you can easily do right now. So, one of the best ways you can shop around is to either call a broker or use a digital mortgage company. What's great about these companies is that they'll do the shopping for you, so you can find the best mortgage option without having to leave your home.
4 - Expect lenders to be tighter.
The financial downturn caused by COVID-19 alongside the heavy increase of unemployment has led many lenders to be slightly tougher about the application process. Finding an unbiased mortgage advisor will put you on the right path from the start. They'll give you a full picture of the mortgage options and lenders available so you're not out there spinning your wheels to get approved.
5 - How to close.
If you're going to go digital with your mortgage, why not bring the rest of the process online? Regardless of what you're applying for, you'll need property insurance and a real estate lawyer for new purchases. Sonnet Insurance allows you to get multiple quotes and buy property insurance online, while Deeded facilitates the entire legal process through video chat. Both of these options are especially helpful in an era of social distancing, enabling you to do everything online from your own home.
The current conditions have really emphasized the advantages of tech companies and how they've changed the marketplace, especially when it comes to navigating the mortgage process. They are fully equipped to deliver services virtually and efficiently, helping you find the best mortgage and save money over the long term.
In the end, it's important to know that there are solutions available and that you don't have to worry about social distancing restrictions keeping you from getting the best mortgage for your needs.
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.
With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.
From a modest machine shop in Baltimore to the surface of the moon, we’ve proudly provided innovative solutions for over a century. Discover the pioneering history of BLACK+DECKER.
For over 50 years, Faema Canada has introduced the art of traditional Italian Espresso and Cappuccino to Canadians. We carry a variety of premium brands that can be tested at any one of our retail stores. Our selection of machines is only complemented by our assortment of fine espresso blends imported from Italy. Our wide selection of beans can also be brewed and sampled at all of our locations.
Canadian Appliance Source has become the fastest growing provider of Major Home Appliances in Canada for over 10 years, we have grown to include over 13 locations across Ontario & Quebec.
All-electric fireplace showroom and design centre with the largest selection in Toronto and York Region. Combining specialized expertise with over 20 years' interior design experience. On-wall, in-wall, fireboxes, retrofit inserts, mantels, custom cabinetry, stone and brick veneers. Residential and commercial. Trade and volume inquiries always welcome.
At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!
As a cooperative with 1,000 stores worldwide, we not only have enormous buying power, but we have partners in all of the major brands, mills and manufacturers.
By becoming the standard bearer in the basement renovation industry, we can promote quality materials, professional trades, honest pricing, and better communication standards to create customer advocates and inspire our competitors.
Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.
Since 1873, Kohler Co. has been improving the level of gracious living by providing exceptional products and services for our customers’ homes and their lifestyles.
Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.
Sharp Electronics of Canada Ltd. is dedicated to improving the lives of consumers through the use of advanced technology. With a commitment to innovation, quality, value and design, Sharp consumer electronics and appliances enhance enjoyment, while adding to comfort.
Shelter Furniture recognizes your individual style and are sensitive to your space and your vision for your home. With our in store design services, we help you create unique space that helps bring your home to life.
Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.
IMPROVE is totally unique to Canada. Based on the international success of similar concepts throughout the world, IMPROVE understands how to make home improvement much easier and more pleasurable for consumers and trades to shop all under one roof.
SFA SANIFLO INC. (“SANIFLO”) is the only manufacturer of its kind in North America offering a complete line of macerating toilet systems for residential and light-commercial applications where installation of plumbing fixtures with below-floor drainage is impossible or cost-prohibitive.
Exclusive Tours specializes in Unique, Best in Class, Small Ship Cruising. Our Expertise, Knowledge and Vision provide you with the best Selection, Quality and Value. Proudly Canadian – we offer a truly comprehensive selection of exceptional small ship cruises.
Toro Wine bar/Tapas offers traditional and modern approach to authentic Mediterranean and Spanish tapas. Established June 2017, this new hot spot delivers a unique atmosphere equipped with large dining area and unique private room.
Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.
Tobi Kitchens & Fine Cabinetry specializes in kitchens, closet organizers, wall units, home offices, libraries, wet bars, pro-finishing and custom millwork. Make Tobi your choice to adorn your dream home with custom beauty and perfection.
Over the past 14 years Factory Tile Depot has become #1 for everything tile and stone. With 5 locations showcasing the latest and greatest trends in the tile industry, we have built the confidence of trade and retail clients alike. We are proud to offer well thought out showrooms, extensive selections of hard to find tile-stone, on site designers, and some of the best after care support in the industry. Experience the FTD difference on your next project.
Our Mission is to be the World’s best provider of home staging training. We do this by providing the ultimate training experience and support systems for entrepreneurial home stagers.
Real estate firms raise more than $200,000 for COVID-19 relief
Update: As of Friday, May 8, the partners had reached the fundraising goal of $330,000.
Capital Developments and a number of other real estate companies are doing their part to provide COVID-19 relief to one very important Toronto cause – the Yonge Street Mission – the largest food bank in east downtown.
Yonge Street Mission staff prepare meals for their food bank services.
Now, they’re issuing a challenge to other firms to take part in the YSM Fundraiser Relay to help raise much-needed funds.
As Yonge Street Mission responds to the COVID-19 crisis, the agency has experienced unprecedented increases in food bank visits every week, resulting in a $330,000 shortfall.
Every week, YSM is facing a $30,000 shortfall – and growing weekly. To sustain YSM’s operations for the next 11 weeks, Capital Developments and other companies are challenging other organizations to join the #YSMRELAY and donate $30,000 to help reach the minimum goal of $330,000.
Capital Developments kickstarted the campaign by donating $30,000 to cover the first week donation.
Over its 124-year history, YSM has tirelessly supported Toronto’s most vulnerable in the heart of the downtown. As the largest food bank in the Downtown East, the agency is facing a huge increase in demand for its services amidst social distancing and closure of nonessential services.
Like many of the most vulnerable in Toronto, clients who depend on YSM have been hit hardest by this global pandemic – and so many more now need their services.
The Mission has seen a 205-per-cent increase in food bank visits, many from first-time clients, and a 180-per-cent increase in the number of families and individuals fed since pre-COVID-19. YSM is spending $30,000 to $35,000 per week on groceries to meet the demand, compared to an annual food budget of $30,000.
Will your organization pass the baton for one week?
To help YSM continue to provide basic food and essential services to Toronto’s most vulnerable communities during COVID-19, visit ysm.ca.
Scratch, stain and heat resistant, Caesarstone quartz is not only perfect for bathroom countertops and vanities, but also wall claddings, flooring, accents and more.
The COVID-19 pandemic has had a devastating impact on Canada, Ontario and the Greater Toronto Area, and my heart goes out to residents of the GTA who have been affected or lost loved ones to this terrible virus.
Following its initial sold-out debut, developer Aoyuan International is releasing new inventory at its landmark 8.6-acre master-planned community, M2M.
Located north of Toronto in York Region, Vaughan has long been one of the fastest growing municipalities in Canada, with a population now exceeding 306,000.
COVID-19 is challenging all kinds of things about life in Canada – including the way we live and work. Our panel of experts share their insights on the architectural and design changes already taking place.
We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
For over 50 years, Faema Canada has introduced the art of traditional Italian Espresso and Cappuccino to Canadians. We carry a variety of premium brands that can be tested at any one of our retail stores. Our selection of machines is only complemented by our assortment of fine espresso blends imported from Italy. Our wide selection of beans can also be brewed and sampled at all of our locations.
Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.
Shelter Furniture recognizes your individual style and are sensitive to your space and your vision for your home. With our in store design services, we help you create unique space that helps bring your home to life.
Sharp Electronics of Canada Ltd. is dedicated to improving the lives of consumers through the use of advanced technology. With a commitment to innovation, quality, value and design, Sharp consumer electronics and appliances enhance enjoyment, while adding to comfort.
As a cooperative with 1,000 stores worldwide, we not only have enormous buying power, but we have partners in all of the major brands, mills and manufacturers.
Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.
Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.
With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.
SFA SANIFLO INC. (“SANIFLO”) is the only manufacturer of its kind in North America offering a complete line of macerating toilet systems for residential and light-commercial applications where installation of plumbing fixtures with below-floor drainage is impossible or cost-prohibitive.
By becoming the standard bearer in the basement renovation industry, we can promote quality materials, professional trades, honest pricing, and better communication standards to create customer advocates and inspire our competitors.
Since 1873, Kohler Co. has been improving the level of gracious living by providing exceptional products and services for our customers’ homes and their lifestyles.
Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.
IMPROVE is totally unique to Canada. Based on the international success of similar concepts throughout the world, IMPROVE understands how to make home improvement much easier and more pleasurable for consumers and trades to shop all under one roof.
All-electric fireplace showroom and design centre with the largest selection in Toronto and York Region. Combining specialized expertise with over 20 years' interior design experience. On-wall, in-wall, fireboxes, retrofit inserts, mantels, custom cabinetry, stone and brick veneers. Residential and commercial. Trade and volume inquiries always welcome.
From a modest machine shop in Baltimore to the surface of the moon, we’ve proudly provided innovative solutions for over a century. Discover the pioneering history of BLACK+DECKER.
Over the last few months, we've seen our world transform at the hands of a global pandemic. We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
When it comes to getting a mortgage, there's no shortage of demand right now. In addition to those looking to refinance or switch to the very low rates available, there are many Canadians who purchased homes before the pandemic who are looking to get approved. Further, the real estate market is beginning to heat up again, therefore mortgage demand is expected to rise even further. The good news is that despite the current situation, there are great options available to apply for a mortgage without having to leave your home.
In the face of COVID-19, operations and procedures across the mortgage industry have been forced to adapt and do business virtually. With many large financial institutions not exactly built for online, this has lowered efficiencies and increased wait times for many customers. Traditional brokers are also facing this dilemma. Many of them don't have the infrastructure to facilitate the mortgage process outside of their offices, which has prompted a shift toward mortgage technology companies. For example, we have seen a 400-per-cent increase in site visits over the last three months.
Mortgage tech companies are a popular choice and have been resilient because they were already built to streamline the process digitally, while still having advisors to support clients throughout the process. People are looking for contactless options and these companies have been able to deliver an efficient way to get a mortgage without delays, and often get a better product than they would get with more traditional solutions.
Regardless of the route you choose, here are a few things to keep in mind if you plan to refinance, switch or apply for a new mortgage during this time:
1 - Looking to buy a home soon?
Get pre-approved. All this extra time on our hands has many people reassessing their personal finances and starting to plan for the future. There's been a massive uptick in people getting pre-approved; it's an important step and allows prospective buyers to search for a home with confidence, understand what they can afford and lock in a mortgage. To get pre-approved, contact a broker, call your bank or apply online with a digital mortgage company.
2 - Prepare your documents in advance.
Whether you're looking to refinance, switch or apply for a mortgage, you'll need to have the right documents on hand. Get a head start and organize all your paperwork to speed up the process later on.
3 - Shop lenders for the best mortgage.
Going from one bank to the next to find the best mortgage isn't something you can easily do right now. So, one of the best ways you can shop around is to either call a broker or use a digital mortgage company. What's great about these companies is that they'll do the shopping for you, so you can find the best mortgage option without having to leave your home.
4 - Expect lenders to be tighter.
The financial downturn caused by COVID-19 alongside the heavy increase of unemployment has led many lenders to be slightly tougher about the application process. Finding an unbiased mortgage advisor will put you on the right path from the start. They'll give you a full picture of the mortgage options and lenders available so you're not out there spinning your wheels to get approved.
5 - How to close.
If you're going to go digital with your mortgage, why not bring the rest of the process online? Regardless of what you're applying for, you'll need property insurance and a real estate lawyer for new purchases. Sonnet Insurance allows you to get multiple quotes and buy property insurance online, while Deeded facilitates the entire legal process through video chat. Both of these options are especially helpful in an era of social distancing, enabling you to do everything online from your own home.
The current conditions have really emphasized the advantages of tech companies and how they've changed the marketplace, especially when it comes to navigating the mortgage process. They are fully equipped to deliver services virtually and efficiently, helping you find the best mortgage and save money over the long term.
In the end, it's important to know that there are solutions available and that you don't have to worry about social distancing restrictions keeping you from getting the best mortgage for your needs.
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!
Canadian Appliance Source has become the fastest growing provider of Major Home Appliances in Canada for over 10 years, we have grown to include over 13 locations across Ontario & Quebec.
Over the last few months, we've seen our world transform at the hands of a global pandemic. We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
When it comes to getting a mortgage, there's no shortage of demand right now. In addition to those looking to refinance or switch to the very low rates available, there are many Canadians who purchased homes before the pandemic who are looking to get approved. Further, the real estate market is beginning to heat up again, therefore mortgage demand is expected to rise even further. The good news is that despite the current situation, there are great options available to apply for a mortgage without having to leave your home.
In the face of COVID-19, operations and procedures across the mortgage industry have been forced to adapt and do business virtually. With many large financial institutions not exactly built for online, this has lowered efficiencies and increased wait times for many customers. Traditional brokers are also facing this dilemma. Many of them don't have the infrastructure to facilitate the mortgage process outside of their offices, which has prompted a shift toward mortgage technology companies. For example, we have seen a 400-per-cent increase in site visits over the last three months.
Mortgage tech companies are a popular choice and have been resilient because they were already built to streamline the process digitally, while still having advisors to support clients throughout the process. People are looking for contactless options and these companies have been able to deliver an efficient way to get a mortgage without delays, and often get a better product than they would get with more traditional solutions.
Regardless of the route you choose, here are a few things to keep in mind if you plan to refinance, switch or apply for a new mortgage during this time:
1 - Looking to buy a home soon?
Get pre-approved. All this extra time on our hands has many people reassessing their personal finances and starting to plan for the future. There's been a massive uptick in people getting pre-approved; it's an important step and allows prospective buyers to search for a home with confidence, understand what they can afford and lock in a mortgage. To get pre-approved, contact a broker, call your bank or apply online with a digital mortgage company.
2 - Prepare your documents in advance.
Whether you're looking to refinance, switch or apply for a mortgage, you'll need to have the right documents on hand. Get a head start and organize all your paperwork to speed up the process later on.
3 - Shop lenders for the best mortgage.
Going from one bank to the next to find the best mortgage isn't something you can easily do right now. So, one of the best ways you can shop around is to either call a broker or use a digital mortgage company. What's great about these companies is that they'll do the shopping for you, so you can find the best mortgage option without having to leave your home.
4 - Expect lenders to be tighter.
The financial downturn caused by COVID-19 alongside the heavy increase of unemployment has led many lenders to be slightly tougher about the application process. Finding an unbiased mortgage advisor will put you on the right path from the start. They'll give you a full picture of the mortgage options and lenders available so you're not out there spinning your wheels to get approved.
5 - How to close.
If you're going to go digital with your mortgage, why not bring the rest of the process online? Regardless of what you're applying for, you'll need property insurance and a real estate lawyer for new purchases. Sonnet Insurance allows you to get multiple quotes and buy property insurance online, while Deeded facilitates the entire legal process through video chat. Both of these options are especially helpful in an era of social distancing, enabling you to do everything online from your own home.
The current conditions have really emphasized the advantages of tech companies and how they've changed the marketplace, especially when it comes to navigating the mortgage process. They are fully equipped to deliver services virtually and efficiently, helping you find the best mortgage and save money over the long term.
In the end, it's important to know that there are solutions available and that you don't have to worry about social distancing restrictions keeping you from getting the best mortgage for your needs.
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
ARIDO, the professional body for interior designers in Ontario, is committed to the betterment of the interior design profession to protect the health, safety and welfare of the public.
Established in 1920 by John Romanelli, RCC quickly became the foundation experts, working on some of Toronto's finest residences and architecturally significant structures, including The Royal York Hotel. A leader and highly respected authority on concrete and foundation problems.
Omega Mantels & Mouldings Ltd. has been manufacturing and distributing stylish architectural building and interior finishing products serving the residential and commercial industries for over 30 years. Working closely with builders, architects and designers to give projects a one-of-a-kind look, incorporating plaster or stone cast products, such as crown moulding, fireplace mantels, kitchen hoods, 3D wall/ceiling panels, decorative accessories as well as firepit tables.
Oak & Tenon specializes in designing and producing custom furniture and cabinetry. We make functional art in wood with enduring style and quality ingrained.
Flato Developments supporting Ontario frontline workers in fight against COVID-19
Flato Developments, an Ontario-based community builder, is pushing forward to help alleviate the spread of the novel virus, by purchasing and donating protective equipment and critical supplies to those on the frontlines.
Staff at the Durham Medical Clinic, with supplies donated by Flato Developments
With the number of COVID-19 cases growing in Ontario, frontline staff at hospitals and senior care homes are faced with the burden of limited medical supplies. Premier Doug Ford has called on residents and businesses of Ontario to help those in need as we face these trying times together, as a community.
The company has been continuously supporting the communities where Flato builds and operates. Flato has donated about 17,000 surgical masks and more than 2,500 KN95 masks to hospitals, senior care homes and local communities throughout southern Ontario. Separately, the company purchased and coordinated delivery of more than 3,000 tubes of hand sanitizer to those in need.
Flato has also committed to supporting local food banks throughout the COVID-19 pandemic, including Shepherds Cupboard Food Bank, Daily Bread Food Bank and The Mississauga Food Bank.
Cooksville Care Centre staff, thanking Flato Developments for the donation of medical supplies
“Our country and province are facing unprecedented shortages of supplies needed to combat the novel coronavirus pandemic,” says Shakir Rehmatullah, president and founder of Flato. “There is a great need, now more than ever, to support our communities that have been impacted by this pandemic. We have heard, loud and clear, the message from premier Ford and want to help the communities where we build and operate in, our local families and neighbours.”
Throughout the campaign, Flato has supported the following municipalities and organizations:
Scratch, stain and heat resistant, Caesarstone quartz is not only perfect for bathroom countertops and vanities, but also wall claddings, flooring, accents and more.
In Halton Hills the predominant new housing type is still lowrise, though, also like other areas, new developments typically offer a mix of singles, semis and townhomes.
The COVID-19 pandemic has had a devastating impact on Canada, Ontario and the Greater Toronto Area, and my heart goes out to residents of the GTA who have been affected or lost loved ones to this terrible virus.
In 1978, Mattamy Homes founder, Peter Gilgan, set out to build homes and communities that complement how people actually live – an idea he called "thoughtful design."
COVID-19 is challenging all kinds of things about life in Canada – including the way we live and work. Our panel of experts share their insights on the architectural and design changes already taking place.
We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
Over the last few months, we've seen our world transform at the hands of a global pandemic. We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
When it comes to getting a mortgage, there's no shortage of demand right now. In addition to those looking to refinance or switch to the very low rates available, there are many Canadians who purchased homes before the pandemic who are looking to get approved. Further, the real estate market is beginning to heat up again, therefore mortgage demand is expected to rise even further. The good news is that despite the current situation, there are great options available to apply for a mortgage without having to leave your home.
In the face of COVID-19, operations and procedures across the mortgage industry have been forced to adapt and do business virtually. With many large financial institutions not exactly built for online, this has lowered efficiencies and increased wait times for many customers. Traditional brokers are also facing this dilemma. Many of them don't have the infrastructure to facilitate the mortgage process outside of their offices, which has prompted a shift toward mortgage technology companies. For example, we have seen a 400-per-cent increase in site visits over the last three months.
Mortgage tech companies are a popular choice and have been resilient because they were already built to streamline the process digitally, while still having advisors to support clients throughout the process. People are looking for contactless options and these companies have been able to deliver an efficient way to get a mortgage without delays, and often get a better product than they would get with more traditional solutions.
Regardless of the route you choose, here are a few things to keep in mind if you plan to refinance, switch or apply for a new mortgage during this time:
1 - Looking to buy a home soon?
Get pre-approved. All this extra time on our hands has many people reassessing their personal finances and starting to plan for the future. There's been a massive uptick in people getting pre-approved; it's an important step and allows prospective buyers to search for a home with confidence, understand what they can afford and lock in a mortgage. To get pre-approved, contact a broker, call your bank or apply online with a digital mortgage company.
2 - Prepare your documents in advance.
Whether you're looking to refinance, switch or apply for a mortgage, you'll need to have the right documents on hand. Get a head start and organize all your paperwork to speed up the process later on.
3 - Shop lenders for the best mortgage.
Going from one bank to the next to find the best mortgage isn't something you can easily do right now. So, one of the best ways you can shop around is to either call a broker or use a digital mortgage company. What's great about these companies is that they'll do the shopping for you, so you can find the best mortgage option without having to leave your home.
4 - Expect lenders to be tighter.
The financial downturn caused by COVID-19 alongside the heavy increase of unemployment has led many lenders to be slightly tougher about the application process. Finding an unbiased mortgage advisor will put you on the right path from the start. They'll give you a full picture of the mortgage options and lenders available so you're not out there spinning your wheels to get approved.
5 - How to close.
If you're going to go digital with your mortgage, why not bring the rest of the process online? Regardless of what you're applying for, you'll need property insurance and a real estate lawyer for new purchases. Sonnet Insurance allows you to get multiple quotes and buy property insurance online, while Deeded facilitates the entire legal process through video chat. Both of these options are especially helpful in an era of social distancing, enabling you to do everything online from your own home.
The current conditions have really emphasized the advantages of tech companies and how they've changed the marketplace, especially when it comes to navigating the mortgage process. They are fully equipped to deliver services virtually and efficiently, helping you find the best mortgage and save money over the long term.
In the end, it's important to know that there are solutions available and that you don't have to worry about social distancing restrictions keeping you from getting the best mortgage for your needs.
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!
By becoming the standard bearer in the basement renovation industry, we can promote quality materials, professional trades, honest pricing, and better communication standards to create customer advocates and inspire our competitors.
Shelter Furniture recognizes your individual style and are sensitive to your space and your vision for your home. With our in store design services, we help you create unique space that helps bring your home to life.
All-electric fireplace showroom and design centre with the largest selection in Toronto and York Region. Combining specialized expertise with over 20 years' interior design experience. On-wall, in-wall, fireboxes, retrofit inserts, mantels, custom cabinetry, stone and brick veneers. Residential and commercial. Trade and volume inquiries always welcome.
Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.
For over 50 years, Faema Canada has introduced the art of traditional Italian Espresso and Cappuccino to Canadians. We carry a variety of premium brands that can be tested at any one of our retail stores. Our selection of machines is only complemented by our assortment of fine espresso blends imported from Italy. Our wide selection of beans can also be brewed and sampled at all of our locations.
IMPROVE is totally unique to Canada. Based on the international success of similar concepts throughout the world, IMPROVE understands how to make home improvement much easier and more pleasurable for consumers and trades to shop all under one roof.
Canadian Appliance Source has become the fastest growing provider of Major Home Appliances in Canada for over 10 years, we have grown to include over 13 locations across Ontario & Quebec.
Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.
With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.
Since 1873, Kohler Co. has been improving the level of gracious living by providing exceptional products and services for our customers’ homes and their lifestyles.
From a modest machine shop in Baltimore to the surface of the moon, we’ve proudly provided innovative solutions for over a century. Discover the pioneering history of BLACK+DECKER.
Sharp Electronics of Canada Ltd. is dedicated to improving the lives of consumers through the use of advanced technology. With a commitment to innovation, quality, value and design, Sharp consumer electronics and appliances enhance enjoyment, while adding to comfort.
SFA SANIFLO INC. (“SANIFLO”) is the only manufacturer of its kind in North America offering a complete line of macerating toilet systems for residential and light-commercial applications where installation of plumbing fixtures with below-floor drainage is impossible or cost-prohibitive.
Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.
Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.
IKO has grown from humble beginnings to a global leader in the roofing products industry, with more than 3,000 employees worldwide, and state-of-the-art manufacturing plants.
As a cooperative with 1,000 stores worldwide, we not only have enormous buying power, but we have partners in all of the major brands, mills and manufacturers.
Introducing a new program by Latitude Countertops for significant cost saving when renovating smaller surface projects like a small kitchen, island, fireplace or bathroom.
A premium quality provider of architectural hardware including door handles, knobs, locks, hinges and more. All of our products are produced to the highest quality in brass and zinc materials.
Providing an optimal environment for the aging of your collection. Our cellars have been engineered to be both practical and environmentally friendly. The customized stand-alone cellars are modular designs that encourage a simple and effective installation process.
Program helps builders get back to business safely after COVID-19
Toronto-based real estate marketing and advertising firm Ryan Design has created a customizable and innovative turnkey safety COVID-19 program for new-home builders.
When sales offices reopen, they will need to be ready to provide an environment that is safe for everyone and continues to prevent the spread of COVID-19.
A leading marketing firm serving numerous homebuilders across Canada, and trained by the World Health Organization (WHO), Ryan Design has created a complete COVID-19 safety program that is innovative and customizable to any builder.
As an essential service, homebuilders continue to build the homes people have been promised across the province. Using technology and an app, staff and trades workers on construction sites can help to ensure everyone’s safety.
Touchless job site sign-in portal
To keep everyone on the job site and in the community safe, Ryan Design has created a Touchless Job Site Sign-In and Sign-Out Portal. Tradespeople can now scan at arrival and departure and conduct health screening using an app on their phone.
A complete signage package for the app can been created for a builder’s job site. This part of the program also includes staff training and a complete reporting package for builders regarding trades on site.
Reopening sales centres and decor studios
When builders are allowed to reopen sales centres and design studios, these spaces will have to function differently and be safer for everybody, yet still be welcoming.
Another part of this new program for builders is a retrofit plan for existing sales offices. It includes easy installation of materials to add physical distance and innovative COVID-19 branded kits to help them feel safe and more comfortable in their homebuying journey.
COVID-19 changed the way sales consultants connect with prospective homebuyers and close a sale. Early on, Ryan Design developed a proprietary virtual selling system so that homebuilders could continue doing business. For many, this system has led to more new-home sales than anticipated after their sales office closure.
This customizable and innovative turnkey COVID-19 safety program for new-home builders by Ryan Design is a way to plan for a safe and secure reopening. With this program, both builders and homebuyers can feel safe and comfortable when it’s time to reopen.
Scratch, stain and heat resistant, Caesarstone quartz is not only perfect for bathroom countertops and vanities, but also wall claddings, flooring, accents and more.
In Halton Hills the predominant new housing type is still lowrise, though, also like other areas, new developments typically offer a mix of singles, semis and townhomes.
The COVID-19 pandemic has had a devastating impact on Canada, Ontario and the Greater Toronto Area, and my heart goes out to residents of the GTA who have been affected or lost loved ones to this terrible virus.
In 1978, Mattamy Homes founder, Peter Gilgan, set out to build homes and communities that complement how people actually live – an idea he called "thoughtful design."
COVID-19 is challenging all kinds of things about life in Canada – including the way we live and work. Our panel of experts share their insights on the architectural and design changes already taking place.
We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
By becoming the standard bearer in the basement renovation industry, we can promote quality materials, professional trades, honest pricing, and better communication standards to create customer advocates and inspire our competitors.
Over the last few months, we've seen our world transform at the hands of a global pandemic. We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
When it comes to getting a mortgage, there's no shortage of demand right now. In addition to those looking to refinance or switch to the very low rates available, there are many Canadians who purchased homes before the pandemic who are looking to get approved. Further, the real estate market is beginning to heat up again, therefore mortgage demand is expected to rise even further. The good news is that despite the current situation, there are great options available to apply for a mortgage without having to leave your home.
In the face of COVID-19, operations and procedures across the mortgage industry have been forced to adapt and do business virtually. With many large financial institutions not exactly built for online, this has lowered efficiencies and increased wait times for many customers. Traditional brokers are also facing this dilemma. Many of them don't have the infrastructure to facilitate the mortgage process outside of their offices, which has prompted a shift toward mortgage technology companies. For example, we have seen a 400-per-cent increase in site visits over the last three months.
Mortgage tech companies are a popular choice and have been resilient because they were already built to streamline the process digitally, while still having advisors to support clients throughout the process. People are looking for contactless options and these companies have been able to deliver an efficient way to get a mortgage without delays, and often get a better product than they would get with more traditional solutions.
Regardless of the route you choose, here are a few things to keep in mind if you plan to refinance, switch or apply for a new mortgage during this time:
1 - Looking to buy a home soon?
Get pre-approved. All this extra time on our hands has many people reassessing their personal finances and starting to plan for the future. There's been a massive uptick in people getting pre-approved; it's an important step and allows prospective buyers to search for a home with confidence, understand what they can afford and lock in a mortgage. To get pre-approved, contact a broker, call your bank or apply online with a digital mortgage company.
2 - Prepare your documents in advance.
Whether you're looking to refinance, switch or apply for a mortgage, you'll need to have the right documents on hand. Get a head start and organize all your paperwork to speed up the process later on.
3 - Shop lenders for the best mortgage.
Going from one bank to the next to find the best mortgage isn't something you can easily do right now. So, one of the best ways you can shop around is to either call a broker or use a digital mortgage company. What's great about these companies is that they'll do the shopping for you, so you can find the best mortgage option without having to leave your home.
4 - Expect lenders to be tighter.
The financial downturn caused by COVID-19 alongside the heavy increase of unemployment has led many lenders to be slightly tougher about the application process. Finding an unbiased mortgage advisor will put you on the right path from the start. They'll give you a full picture of the mortgage options and lenders available so you're not out there spinning your wheels to get approved.
5 - How to close.
If you're going to go digital with your mortgage, why not bring the rest of the process online? Regardless of what you're applying for, you'll need property insurance and a real estate lawyer for new purchases. Sonnet Insurance allows you to get multiple quotes and buy property insurance online, while Deeded facilitates the entire legal process through video chat. Both of these options are especially helpful in an era of social distancing, enabling you to do everything online from your own home.
The current conditions have really emphasized the advantages of tech companies and how they've changed the marketplace, especially when it comes to navigating the mortgage process. They are fully equipped to deliver services virtually and efficiently, helping you find the best mortgage and save money over the long term.
In the end, it's important to know that there are solutions available and that you don't have to worry about social distancing restrictions keeping you from getting the best mortgage for your needs.
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.
From a modest machine shop in Baltimore to the surface of the moon, we’ve proudly provided innovative solutions for over a century. Discover the pioneering history of BLACK+DECKER.
IKO has grown from humble beginnings to a global leader in the roofing products industry, with more than 3,000 employees worldwide, and state-of-the-art manufacturing plants.
IMPROVE is totally unique to Canada. Based on the international success of similar concepts throughout the world, IMPROVE understands how to make home improvement much easier and more pleasurable for consumers and trades to shop all under one roof.
Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.
Shelter Furniture recognizes your individual style and are sensitive to your space and your vision for your home. With our in store design services, we help you create unique space that helps bring your home to life.
As a cooperative with 1,000 stores worldwide, we not only have enormous buying power, but we have partners in all of the major brands, mills and manufacturers.
SFA SANIFLO INC. (“SANIFLO”) is the only manufacturer of its kind in North America offering a complete line of macerating toilet systems for residential and light-commercial applications where installation of plumbing fixtures with below-floor drainage is impossible or cost-prohibitive.
At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!
Canadian Appliance Source has become the fastest growing provider of Major Home Appliances in Canada for over 10 years, we have grown to include over 13 locations across Ontario & Quebec.
Since 1873, Kohler Co. has been improving the level of gracious living by providing exceptional products and services for our customers’ homes and their lifestyles.
Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.
Sharp Electronics of Canada Ltd. is dedicated to improving the lives of consumers through the use of advanced technology. With a commitment to innovation, quality, value and design, Sharp consumer electronics and appliances enhance enjoyment, while adding to comfort.
Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.
For over 50 years, Faema Canada has introduced the art of traditional Italian Espresso and Cappuccino to Canadians. We carry a variety of premium brands that can be tested at any one of our retail stores. Our selection of machines is only complemented by our assortment of fine espresso blends imported from Italy. Our wide selection of beans can also be brewed and sampled at all of our locations.
All-electric fireplace showroom and design centre with the largest selection in Toronto and York Region. Combining specialized expertise with over 20 years' interior design experience. On-wall, in-wall, fireboxes, retrofit inserts, mantels, custom cabinetry, stone and brick veneers. Residential and commercial. Trade and volume inquiries always welcome.
Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.
Headquartered in New York City, New Tang Dynasty (NTD) Television serves more than 100 million potential viewers in China and around the world. Founded by Chinese Americans, and rooted in traditional Chinese culture, NTD serves as a unique bridge between the East and the West.
Centurian Window Fashions brings together an exclusive selection of custom shutters, blinds and drapes in a wide range of colour choices. Our showroom provides an extensive selection so you can pick the perfect decor fit for your home. Our one stop shop location is made so you don’t have to go shopping around for different brands at different places.
Ricardo Lemos and his team have been creating custom homes for over 30 years, specializing in creating dream kitchen designs that are not only beautiful but functional. Friendly, professional, clean, attention to detail, affordable, these are just a few of the great qualities of using Ricardos Kitchens for your next kitchen project.
Omega Mantels & Mouldings Ltd. has been manufacturing and distributing stylish architectural building and interior finishing products serving the residential and commercial industries for over 30 years. Working closely with builders, architects and designers to give projects a one-of-a-kind look, incorporating plaster or stone cast products, such as crown moulding, fireplace mantels, kitchen hoods, 3D wall/ceiling panels, decorative accessories as well as firepit tables.
We're North America's largest green and healthy living show with a massive reach of motivated and qualified consumers. The Green Living Show is supported by a mass media and publicity campaign promoting an impressive cast of green products, attractions, celebrities, educators and politicians to ensure that the Show is a focus of sustained media attention.
Broccolini preparing for market return with hiring push, plans for Toronto
Canadian industrial, commercial and residential real estate developer Broccolini is ramping up hiring activity in anticipation of when market activity returns.
It also has plans for expansion in the Toronto residential market.
River & Fifth, at 5 Defries St., along the banks of Toronto’s Don River
The Montreal-based company, also with projects in Toronto and Ottawa, is looking to fill several positions in the coming weeks, ranging from planning to construction to property management.
“We are proud to have been able to keep our entire team employed throughout the pandemic, with the exception of the day labourers directly affected by the closure of the construction sites,” says Anthony Broccolini, chief operating officer at Broccolini. “Our exceptional positioning in the real estate market is now affording us the opportunity to further expand our team following these difficult times.”
Positions are available in Toronto, Ottawa and Montreal.
Strong growth projected
Once construction activities resume, Broccolini says its expectations for growth are excellent, thanks to a full backlog of contracted projects; a reflection of the quality, scale and prestige of the various industrial, commercial and residential projects the company has delivered over the last few years.
To carry out the projects already underway, and those that will be launching in the coming months, Broccolini is looking to hire a senior project manager, manager of real estate development, site superintendent and more.”
While we expect sales velocity to take some time to return to pre-COVID levels, the fundamental imbalance remains between supply and demand in the residential market in Toronto,” Phil Brennen, associate vice-president, real estate development, told Condo Life.
“The bottleneck that existed before the pandemic, which is essentially a function of approvals processes that have seen cycle times of three years or more, has been closed off completely as already overworked staff at the City have unable to accept new submissions. Add to that the fact that a number of projects that were slated for launch this spring and summer have been pushed back indefinitely, and you potentially have a major issue with supply. So, though demand for new units may initially be slower when activity resumes, the units available for buyers will be significantly diminished. As a result, the expectation is that while velocity will take some time to come back to normal levels, pricing will not soften.
Bullish on Toronto
“At the end of the day – particularly in times of uncertainty – residential real estate in a rapidly growing global city remains a safe and desirable investment,” Brennen says.
Broccolini has two large residential highrise projects underway in Toronto, in downtown east. River & Fifth, at 580 units and 38 storeys, was under construction until the industry-wide pause in activity.
“Once the provincial government gives the okay, excavation and shoring work will continue,” Brennen says.
The second project, at 385 units and 34 storeys, is close to the finish line for approvals, he says. The intent was to launch sales in the summer, though this will be reviewed depending on the timing of the return to the “new normal.”
Broccolini has several sites in the works, and is actively pursuing new acquisitions during the current slowdown, says Brennen.
“We believe strongly in Toronto’s high-density residential market and will continue to invest a significant portion or our resources in new deals in the months and years ahead.”
Broccolini is a single-source provider of planning, construction and property management services for industrial, commercial, institutional and residential buildings. Its real estate management subsidiary manages a portfolio of more than 50 properties, representing a total of more than 6.5 million sq. ft. of assets.
Scratch, stain and heat resistant, Caesarstone quartz is not only perfect for bathroom countertops and vanities, but also wall claddings, flooring, accents and more.
The COVID-19 pandemic has had a devastating impact on Canada, Ontario and the Greater Toronto Area, and my heart goes out to residents of the GTA who have been affected or lost loved ones to this terrible virus.
Following its initial sold-out debut, developer Aoyuan International is releasing new inventory at its landmark 8.6-acre master-planned community, M2M.
Located north of Toronto in York Region, Vaughan has long been one of the fastest growing municipalities in Canada, with a population now exceeding 306,000.
COVID-19 is challenging all kinds of things about life in Canada – including the way we live and work. Our panel of experts share their insights on the architectural and design changes already taking place.
We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
By becoming the standard bearer in the basement renovation industry, we can promote quality materials, professional trades, honest pricing, and better communication standards to create customer advocates and inspire our competitors.
With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.
Shelter Furniture recognizes your individual style and are sensitive to your space and your vision for your home. With our in store design services, we help you create unique space that helps bring your home to life.
From a modest machine shop in Baltimore to the surface of the moon, we’ve proudly provided innovative solutions for over a century. Discover the pioneering history of BLACK+DECKER.
Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.
Over the last few months, we've seen our world transform at the hands of a global pandemic. We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
When it comes to getting a mortgage, there's no shortage of demand right now. In addition to those looking to refinance or switch to the very low rates available, there are many Canadians who purchased homes before the pandemic who are looking to get approved. Further, the real estate market is beginning to heat up again, therefore mortgage demand is expected to rise even further. The good news is that despite the current situation, there are great options available to apply for a mortgage without having to leave your home.
In the face of COVID-19, operations and procedures across the mortgage industry have been forced to adapt and do business virtually. With many large financial institutions not exactly built for online, this has lowered efficiencies and increased wait times for many customers. Traditional brokers are also facing this dilemma. Many of them don't have the infrastructure to facilitate the mortgage process outside of their offices, which has prompted a shift toward mortgage technology companies. For example, we have seen a 400-per-cent increase in site visits over the last three months.
Mortgage tech companies are a popular choice and have been resilient because they were already built to streamline the process digitally, while still having advisors to support clients throughout the process. People are looking for contactless options and these companies have been able to deliver an efficient way to get a mortgage without delays, and often get a better product than they would get with more traditional solutions.
Regardless of the route you choose, here are a few things to keep in mind if you plan to refinance, switch or apply for a new mortgage during this time:
1 - Looking to buy a home soon?
Get pre-approved. All this extra time on our hands has many people reassessing their personal finances and starting to plan for the future. There's been a massive uptick in people getting pre-approved; it's an important step and allows prospective buyers to search for a home with confidence, understand what they can afford and lock in a mortgage. To get pre-approved, contact a broker, call your bank or apply online with a digital mortgage company.
2 - Prepare your documents in advance.
Whether you're looking to refinance, switch or apply for a mortgage, you'll need to have the right documents on hand. Get a head start and organize all your paperwork to speed up the process later on.
3 - Shop lenders for the best mortgage.
Going from one bank to the next to find the best mortgage isn't something you can easily do right now. So, one of the best ways you can shop around is to either call a broker or use a digital mortgage company. What's great about these companies is that they'll do the shopping for you, so you can find the best mortgage option without having to leave your home.
4 - Expect lenders to be tighter.
The financial downturn caused by COVID-19 alongside the heavy increase of unemployment has led many lenders to be slightly tougher about the application process. Finding an unbiased mortgage advisor will put you on the right path from the start. They'll give you a full picture of the mortgage options and lenders available so you're not out there spinning your wheels to get approved.
5 - How to close.
If you're going to go digital with your mortgage, why not bring the rest of the process online? Regardless of what you're applying for, you'll need property insurance and a real estate lawyer for new purchases. Sonnet Insurance allows you to get multiple quotes and buy property insurance online, while Deeded facilitates the entire legal process through video chat. Both of these options are especially helpful in an era of social distancing, enabling you to do everything online from your own home.
The current conditions have really emphasized the advantages of tech companies and how they've changed the marketplace, especially when it comes to navigating the mortgage process. They are fully equipped to deliver services virtually and efficiently, helping you find the best mortgage and save money over the long term.
In the end, it's important to know that there are solutions available and that you don't have to worry about social distancing restrictions keeping you from getting the best mortgage for your needs.
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!
Sharp Electronics of Canada Ltd. is dedicated to improving the lives of consumers through the use of advanced technology. With a commitment to innovation, quality, value and design, Sharp consumer electronics and appliances enhance enjoyment, while adding to comfort.
SFA SANIFLO INC. (“SANIFLO”) is the only manufacturer of its kind in North America offering a complete line of macerating toilet systems for residential and light-commercial applications where installation of plumbing fixtures with below-floor drainage is impossible or cost-prohibitive.
IMPROVE is totally unique to Canada. Based on the international success of similar concepts throughout the world, IMPROVE understands how to make home improvement much easier and more pleasurable for consumers and trades to shop all under one roof.
Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.
Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.
For over 50 years, Faema Canada has introduced the art of traditional Italian Espresso and Cappuccino to Canadians. We carry a variety of premium brands that can be tested at any one of our retail stores. Our selection of machines is only complemented by our assortment of fine espresso blends imported from Italy. Our wide selection of beans can also be brewed and sampled at all of our locations.
All-electric fireplace showroom and design centre with the largest selection in Toronto and York Region. Combining specialized expertise with over 20 years' interior design experience. On-wall, in-wall, fireboxes, retrofit inserts, mantels, custom cabinetry, stone and brick veneers. Residential and commercial. Trade and volume inquiries always welcome.
Canadian Appliance Source has become the fastest growing provider of Major Home Appliances in Canada for over 10 years, we have grown to include over 13 locations across Ontario & Quebec.
Since 1873, Kohler Co. has been improving the level of gracious living by providing exceptional products and services for our customers’ homes and their lifestyles.
Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.
As a cooperative with 1,000 stores worldwide, we not only have enormous buying power, but we have partners in all of the major brands, mills and manufacturers.
Created by fusion of exceptional design, superior quartz quality and cutting-edge technology, HansStone Quartz weaves together intriguing patterns and colours inspired by the diverse Canadian landscape.
Introducing a new program by Latitude Countertops for significant cost saving when renovating smaller surface projects like a small kitchen, island, fireplace or bathroom.
We are one of the leading engineered stone manufacturers in the world offering over 60 unique and innovative colours and designs. Our products are widely used in interior applications such as kitchen countertops, bathroom vanities, wall panelling and flooring.
cobistyle is an attitude about home and lifestyle. When I started cobistyle, I made a promise that I would never add to the marketplace more of the same. I believe your home should reflect your own unique character and make you happy. In order to do that, we need choices to fall in love with! Surround yourself with beauty every day and bring your home to life!
New-home building and renovation industry acts to protect workers, customers
In times like these, people’s health and well-being are of the utmost importance. This extends to workers in Ontario’s new-home building and renovation industry and to our industry’s customers. For many residents of the GTA, this is a period of heightened anxiety and concern, so I want to take the opportunity to let readers know how our industry is striving to be part of the solution.
I have been in regular contact with our members to understand what actions they are taking and to co-ordinate responses with provincial and municipal authorities. Without fail, BILD members are taking action to help meet community needs and respond to the health crisis, guided by the best information available, that is, information from the public health authorities in the municipali- ties and regions where they operate.
Individual company actions may vary based on their own unique situations. Companies are enabling work where possible. Many are opening sales centres by appointment only, or closing them entirely for now. They are taking steps to ensure increased hygiene, sanitation and cleaning for locations that remain operational.
Working diligently
We all know that the current situation is not normal and that as we all work to address and overcome this global pandemic, there will be impacts. Global supply chains, movement of goods and productivity are all affected. Our industry is working diligently to ensure that we continue to fulfil our responsibilities to our customers. We also recognize that eventually the effects of the current situation will extend to the delivery of new homes and completion of renovations, as well as any warranty work that might be required under builder warranties and Ontario’s New Home Warranties program.
In this regard, Tarion, Ontario’s body for consumer protection and administration of the Ontario New Home Warranties Plan Act and regulations, has recently issued an advisory for home builders and new-home buyers on what to expect during the COVID-19 situation. This material can be accessed at tarion.com. It provides solid guidance, but should not replace direct dialogue with your builder.
The GTA’s new-home building industry, professional renovators and land developers are doing their best to continue to meet the housing needs of residents, while at the same time doing their part to reduce the spread of COVID-19. At times like these, we must all pull together by working collaboratively and taking care of each other. That is our industry’s commitment to our colleagues, our customers and each other.
Dave Wilkes is President and CEO of the Building Industry and Land Development Association (BILD).
Scratch, stain and heat resistant, Caesarstone quartz is not only perfect for bathroom countertops and vanities, but also wall claddings, flooring, accents and more.
In Halton Hills the predominant new housing type is still lowrise, though, also like other areas, new developments typically offer a mix of singles, semis and townhomes.
The COVID-19 pandemic has had a devastating impact on Canada, Ontario and the Greater Toronto Area, and my heart goes out to residents of the GTA who have been affected or lost loved ones to this terrible virus.
In 1978, Mattamy Homes founder, Peter Gilgan, set out to build homes and communities that complement how people actually live – an idea he called "thoughtful design."
COVID-19 is challenging all kinds of things about life in Canada – including the way we live and work. Our panel of experts share their insights on the architectural and design changes already taking place.
We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
For over 50 years, Faema Canada has introduced the art of traditional Italian Espresso and Cappuccino to Canadians. We carry a variety of premium brands that can be tested at any one of our retail stores. Our selection of machines is only complemented by our assortment of fine espresso blends imported from Italy. Our wide selection of beans can also be brewed and sampled at all of our locations.
Canadian Appliance Source has become the fastest growing provider of Major Home Appliances in Canada for over 10 years, we have grown to include over 13 locations across Ontario & Quebec.
Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.
Sharp Electronics of Canada Ltd. is dedicated to improving the lives of consumers through the use of advanced technology. With a commitment to innovation, quality, value and design, Sharp consumer electronics and appliances enhance enjoyment, while adding to comfort.
From a modest machine shop in Baltimore to the surface of the moon, we’ve proudly provided innovative solutions for over a century. Discover the pioneering history of BLACK+DECKER.
By becoming the standard bearer in the basement renovation industry, we can promote quality materials, professional trades, honest pricing, and better communication standards to create customer advocates and inspire our competitors.
IKO has grown from humble beginnings to a global leader in the roofing products industry, with more than 3,000 employees worldwide, and state-of-the-art manufacturing plants.
Since 1873, Kohler Co. has been improving the level of gracious living by providing exceptional products and services for our customers’ homes and their lifestyles.
At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!
SFA SANIFLO INC. (“SANIFLO”) is the only manufacturer of its kind in North America offering a complete line of macerating toilet systems for residential and light-commercial applications where installation of plumbing fixtures with below-floor drainage is impossible or cost-prohibitive.
As a cooperative with 1,000 stores worldwide, we not only have enormous buying power, but we have partners in all of the major brands, mills and manufacturers.
With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.
Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.
All-electric fireplace showroom and design centre with the largest selection in Toronto and York Region. Combining specialized expertise with over 20 years' interior design experience. On-wall, in-wall, fireboxes, retrofit inserts, mantels, custom cabinetry, stone and brick veneers. Residential and commercial. Trade and volume inquiries always welcome.
Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.
Over the last few months, we've seen our world transform at the hands of a global pandemic. We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
When it comes to getting a mortgage, there's no shortage of demand right now. In addition to those looking to refinance or switch to the very low rates available, there are many Canadians who purchased homes before the pandemic who are looking to get approved. Further, the real estate market is beginning to heat up again, therefore mortgage demand is expected to rise even further. The good news is that despite the current situation, there are great options available to apply for a mortgage without having to leave your home.
In the face of COVID-19, operations and procedures across the mortgage industry have been forced to adapt and do business virtually. With many large financial institutions not exactly built for online, this has lowered efficiencies and increased wait times for many customers. Traditional brokers are also facing this dilemma. Many of them don't have the infrastructure to facilitate the mortgage process outside of their offices, which has prompted a shift toward mortgage technology companies. For example, we have seen a 400-per-cent increase in site visits over the last three months.
Mortgage tech companies are a popular choice and have been resilient because they were already built to streamline the process digitally, while still having advisors to support clients throughout the process. People are looking for contactless options and these companies have been able to deliver an efficient way to get a mortgage without delays, and often get a better product than they would get with more traditional solutions.
Regardless of the route you choose, here are a few things to keep in mind if you plan to refinance, switch or apply for a new mortgage during this time:
1 - Looking to buy a home soon?
Get pre-approved. All this extra time on our hands has many people reassessing their personal finances and starting to plan for the future. There's been a massive uptick in people getting pre-approved; it's an important step and allows prospective buyers to search for a home with confidence, understand what they can afford and lock in a mortgage. To get pre-approved, contact a broker, call your bank or apply online with a digital mortgage company.
2 - Prepare your documents in advance.
Whether you're looking to refinance, switch or apply for a mortgage, you'll need to have the right documents on hand. Get a head start and organize all your paperwork to speed up the process later on.
3 - Shop lenders for the best mortgage.
Going from one bank to the next to find the best mortgage isn't something you can easily do right now. So, one of the best ways you can shop around is to either call a broker or use a digital mortgage company. What's great about these companies is that they'll do the shopping for you, so you can find the best mortgage option without having to leave your home.
4 - Expect lenders to be tighter.
The financial downturn caused by COVID-19 alongside the heavy increase of unemployment has led many lenders to be slightly tougher about the application process. Finding an unbiased mortgage advisor will put you on the right path from the start. They'll give you a full picture of the mortgage options and lenders available so you're not out there spinning your wheels to get approved.
5 - How to close.
If you're going to go digital with your mortgage, why not bring the rest of the process online? Regardless of what you're applying for, you'll need property insurance and a real estate lawyer for new purchases. Sonnet Insurance allows you to get multiple quotes and buy property insurance online, while Deeded facilitates the entire legal process through video chat. Both of these options are especially helpful in an era of social distancing, enabling you to do everything online from your own home.
The current conditions have really emphasized the advantages of tech companies and how they've changed the marketplace, especially when it comes to navigating the mortgage process. They are fully equipped to deliver services virtually and efficiently, helping you find the best mortgage and save money over the long term.
In the end, it's important to know that there are solutions available and that you don't have to worry about social distancing restrictions keeping you from getting the best mortgage for your needs.
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
IMPROVE is totally unique to Canada. Based on the international success of similar concepts throughout the world, IMPROVE understands how to make home improvement much easier and more pleasurable for consumers and trades to shop all under one roof.
Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.
Shelter Furniture recognizes your individual style and are sensitive to your space and your vision for your home. With our in store design services, we help you create unique space that helps bring your home to life.
The Canadian Centre for Abuse Awareness is a national, charitable organization that has served Canadians since 1993. The Centre’s mandate is to significantly reduce the incidence and impact of abuse through education and public awareness. CCAA operates solely on private donations with no sustaining funds from any government body.
Omega Kitchen Hoods: Specializing in Precast Range Hoods. Omega stone cast hoods are manufactured in a multitude of custom finishes including metallic offerings like copper, pewter and stainless steel, each one created with precision and durability. From inspiration to installation... With Omega Mantels & Mouldings.
Exclusive Tours specializes in Unique, Best in Class, Small Ship Cruising. Our Expertise, Knowledge and Vision provide you with the best Selection, Quality and Value. Proudly Canadian – we offer a truly comprehensive selection of exceptional small ship cruises.
Established in 1995, our flooring store Aspen Wood Floors Ltd. located in Mississauga, Ontario is a leading distributor of quality hardwood floors; solid & engineered hardwood, domestic & exotic, as well as cork flooring, bamboo, laminate, vinyl and carpeting to the Greater Toronto Areas (including Toronto, Mississauga, Etobicoke, Oakville, Milton, Burlington, Brampton) .
Forterra Brick is North America's largest brick manufacturer with a total capacity of more than 1.7 billion bricks. Forterra Brick provides superior selection and service, and more than 1,000 styles of brick in four regional brick collections. Among architects and builders across the U.S. and Canada, we are known for; Innovation, Service and Influence.
We've been proudly serving the community for more than 160 years. We deliver natural gas safely and reliably to two million homes and businesses across Ontario. With safety as our ongoing priority, we're committed to making communities better places to live.
Ambassadors for The Mikey Network aid with coronavirus relief efforts at SickKids
Looking to make an impact on the fight against the novel coronavirus (COVID-19), Meagan And Amanda Damota, current medical students and ambassadors for The Mikey Network, will be producing and donating non-surgical masks to The Hospital for Sick Children (SickKids).
With more than 100 masks set to be delivered this week and more in production, the students were inspired by Canadian chief medical officer Dr. Theresa Tam who suggested that wearing a non-medical facial mask could slow the spread of COVID-19, along with the previously prescribed measures of vigilant hand-washing, social distancing and self-isolation.
“Having a child in the hospital is undeniably stressful and difficult; we want to relieve some of the stressors that many of these families have to endure,” says Meagan Damota. “By producing and donating these non-surgical masks we hope to help the incredible staff and families tay protected against COVID-19.”
Since its inception, The Mikey Network has worked tirelessly to create public awareness and provide education about heart-healthy lifestyles. One of the only organizations to provide remote training, The Mikey Network offers two Apps, one where students can garner volunteer hours learning how to use a defibrillator while the other provides informative webinars and hands on training. A 17-year-old girl recently saved a life using the skills learned on the app.
Working closely with SickKids through The Mikey Kids program, The Mikey Network provides portable automated external defibrillators (AED) to high-risk children who are in danger of sudden cardiac arrest. Having access to the life-saving AED technology helps to give children, their families, and the medical staff at SickKids peace of mind.
“Meagan and Amanda have played an integral part of The Mikey Network and we are excited to be part of this amazing endeavour,” says Eva Naumovski, president of The Mikey Network. “The Mikey Network is a proud supporter of SickKids through The Mikey Kids program and we are honoured to be able to provide a helping hand.”
“As a country and as a community we are all in this together, and we hope our protective gear can ease some of the stress families and staff are enduring during this difficult time all while aiding the hospital in their fight against COVID-19,” adds Amanda Damonta.
Scratch, stain and heat resistant, Caesarstone quartz is not only perfect for bathroom countertops and vanities, but also wall claddings, flooring, accents and more.
In Halton Hills the predominant new housing type is still lowrise, though, also like other areas, new developments typically offer a mix of singles, semis and townhomes.
The COVID-19 pandemic has had a devastating impact on Canada, Ontario and the Greater Toronto Area, and my heart goes out to residents of the GTA who have been affected or lost loved ones to this terrible virus.
In 1978, Mattamy Homes founder, Peter Gilgan, set out to build homes and communities that complement how people actually live – an idea he called "thoughtful design."
COVID-19 is challenging all kinds of things about life in Canada – including the way we live and work. Our panel of experts share their insights on the architectural and design changes already taking place.
We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
Since 1873, Kohler Co. has been improving the level of gracious living by providing exceptional products and services for our customers’ homes and their lifestyles.
With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.
By becoming the standard bearer in the basement renovation industry, we can promote quality materials, professional trades, honest pricing, and better communication standards to create customer advocates and inspire our competitors.
SFA SANIFLO INC. (“SANIFLO”) is the only manufacturer of its kind in North America offering a complete line of macerating toilet systems for residential and light-commercial applications where installation of plumbing fixtures with below-floor drainage is impossible or cost-prohibitive.
Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.
Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.
IKO has grown from humble beginnings to a global leader in the roofing products industry, with more than 3,000 employees worldwide, and state-of-the-art manufacturing plants.
From a modest machine shop in Baltimore to the surface of the moon, we’ve proudly provided innovative solutions for over a century. Discover the pioneering history of BLACK+DECKER.
Shelter Furniture recognizes your individual style and are sensitive to your space and your vision for your home. With our in store design services, we help you create unique space that helps bring your home to life.
All-electric fireplace showroom and design centre with the largest selection in Toronto and York Region. Combining specialized expertise with over 20 years' interior design experience. On-wall, in-wall, fireboxes, retrofit inserts, mantels, custom cabinetry, stone and brick veneers. Residential and commercial. Trade and volume inquiries always welcome.
IMPROVE is totally unique to Canada. Based on the international success of similar concepts throughout the world, IMPROVE understands how to make home improvement much easier and more pleasurable for consumers and trades to shop all under one roof.
Canadian Appliance Source has become the fastest growing provider of Major Home Appliances in Canada for over 10 years, we have grown to include over 13 locations across Ontario & Quebec.
For over 50 years, Faema Canada has introduced the art of traditional Italian Espresso and Cappuccino to Canadians. We carry a variety of premium brands that can be tested at any one of our retail stores. Our selection of machines is only complemented by our assortment of fine espresso blends imported from Italy. Our wide selection of beans can also be brewed and sampled at all of our locations.
Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.
As a cooperative with 1,000 stores worldwide, we not only have enormous buying power, but we have partners in all of the major brands, mills and manufacturers.
Sharp Electronics of Canada Ltd. is dedicated to improving the lives of consumers through the use of advanced technology. With a commitment to innovation, quality, value and design, Sharp consumer electronics and appliances enhance enjoyment, while adding to comfort.
At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!
Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.
Over the last few months, we've seen our world transform at the hands of a global pandemic. We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
When it comes to getting a mortgage, there's no shortage of demand right now. In addition to those looking to refinance or switch to the very low rates available, there are many Canadians who purchased homes before the pandemic who are looking to get approved. Further, the real estate market is beginning to heat up again, therefore mortgage demand is expected to rise even further. The good news is that despite the current situation, there are great options available to apply for a mortgage without having to leave your home.
In the face of COVID-19, operations and procedures across the mortgage industry have been forced to adapt and do business virtually. With many large financial institutions not exactly built for online, this has lowered efficiencies and increased wait times for many customers. Traditional brokers are also facing this dilemma. Many of them don't have the infrastructure to facilitate the mortgage process outside of their offices, which has prompted a shift toward mortgage technology companies. For example, we have seen a 400-per-cent increase in site visits over the last three months.
Mortgage tech companies are a popular choice and have been resilient because they were already built to streamline the process digitally, while still having advisors to support clients throughout the process. People are looking for contactless options and these companies have been able to deliver an efficient way to get a mortgage without delays, and often get a better product than they would get with more traditional solutions.
Regardless of the route you choose, here are a few things to keep in mind if you plan to refinance, switch or apply for a new mortgage during this time:
1 - Looking to buy a home soon?
Get pre-approved. All this extra time on our hands has many people reassessing their personal finances and starting to plan for the future. There's been a massive uptick in people getting pre-approved; it's an important step and allows prospective buyers to search for a home with confidence, understand what they can afford and lock in a mortgage. To get pre-approved, contact a broker, call your bank or apply online with a digital mortgage company.
2 - Prepare your documents in advance.
Whether you're looking to refinance, switch or apply for a mortgage, you'll need to have the right documents on hand. Get a head start and organize all your paperwork to speed up the process later on.
3 - Shop lenders for the best mortgage.
Going from one bank to the next to find the best mortgage isn't something you can easily do right now. So, one of the best ways you can shop around is to either call a broker or use a digital mortgage company. What's great about these companies is that they'll do the shopping for you, so you can find the best mortgage option without having to leave your home.
4 - Expect lenders to be tighter.
The financial downturn caused by COVID-19 alongside the heavy increase of unemployment has led many lenders to be slightly tougher about the application process. Finding an unbiased mortgage advisor will put you on the right path from the start. They'll give you a full picture of the mortgage options and lenders available so you're not out there spinning your wheels to get approved.
5 - How to close.
If you're going to go digital with your mortgage, why not bring the rest of the process online? Regardless of what you're applying for, you'll need property insurance and a real estate lawyer for new purchases. Sonnet Insurance allows you to get multiple quotes and buy property insurance online, while Deeded facilitates the entire legal process through video chat. Both of these options are especially helpful in an era of social distancing, enabling you to do everything online from your own home.
The current conditions have really emphasized the advantages of tech companies and how they've changed the marketplace, especially when it comes to navigating the mortgage process. They are fully equipped to deliver services virtually and efficiently, helping you find the best mortgage and save money over the long term.
In the end, it's important to know that there are solutions available and that you don't have to worry about social distancing restrictions keeping you from getting the best mortgage for your needs.
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
Since 1883, Benjamin Moore has been producing the highest quality paints and finishes in the industry. A superior paint experience with every product. Incomparable colour, flawless coverage, and lasting durability.
We revived our long-established pride in superior quality with re-engineered products, bringing back our historically reliable, high-performance tools.
Get a head start on your renovations at the first home show of the year. At the GTA Home & Reno Show you’ll find the GTA’s top contractors and suppliers, celebrity experts, hands-on learning, and local designers, all ready to help with your next project.
Tobi Kitchens & Fine Cabinetry specializes in kitchens, closet organizers, wall units, home offices, libraries, wet bars, pro-finishing and custom millwork. Make Tobi your choice to adorn your dream home with custom beauty and perfection.
Stone Selex carries a large selection of Manufactured, Natural Stone Veneer and Brick Veneer in a wide array of styles and colours suited for both interior and exterior applications. Clad just about any vertical surface with stone or brick veneer.
The future of condominium living on display at Tridel’s Innovation Suite at Ten York
The future of condominium living, with every bell, whistle and Jetsons-like home tech gadget is on display at Tridel’s Innovation Suite, one of the Signature residences at Ten York.
Expanding on the developer’s smart home integration features within Ten York, the Innovation Suite seamlessly merges technology and design, providing incredible connectivity, comfort and convenience for residents.
Luxury home experience
“The Innovation Suite at Ten York represents the incredible possibilities that occur when design and technology meet,” says Stella Salvador, principal interior designer, Tridel. “When we conceptualized this project, our vision was to create a luxury home experience unlike any other.”
The pathway to the Innovation Suite began when Tridel started exploring smart home technology, despite the lack of existing research or infrastructure within the space. The company sought to garner a deep-rooted understanding of how smart home technologies could meet to exceed the needs of future residents. The Signature Suite, as the “crown jewel” of the existing Tridel Connect smart home system, boasts additional features and amenities without compromising the elegance of the interior feel and finishes.
Immediately upon entering the suite, residents will be able to activate key features through voice control, such as centralized lighting, audio visuals and motorized blinds. The suite’s system control panel can be controlled by voice, phone or touch, and can be programmed with different scenes to customize the suite experience at key times throughout the day – opening or closing blinds, or turning lights on or off.
Voice-control features
Leading into the central living area, the first of four wireless charging pads throughout the suite make access to device power consistent and easily accessible. All features of the Innovation Suite are seamlessly tied into the overall concept and design of the space and most are synchronized with the assistance of smart home assistants such as Amazon’s Alexa.
In the kitchen, meal preparation is made easy thanks to smart home appliances, controlled through the associated mobile app. Plumbing fixtures such as the kitchen faucet can also be controlled to helpfully complete tasks on request, such as pouring a specific amount of water for a recipe, making everyday living easier than ever before. The powder room features a smart toilet with built-in speakers to play music, as well as a heated seat and foot warmer.
Smart shower
The smart home features are at their peak in the master bedroom, where a glass partition goes from opaque to transparent with the touch of a button, offering opportunities to enjoy natural light or disconnect in privacy. An entertainment wall provides a smart TV system along with an electric fireplace, which uses mist and special lighting to create realistic looking flames. The ensuite bathroom creates an indulgent setting, with heated floors, a smart mirror with voice-controllable lighting adjustment, a smart shower with voice-controllable water temperature and flow rate, and an AV-connected vibracoustic bath which can use sound to vibrate the water in the tub.
“As our lives get busier and more hectic, we’re all looking for ways to simplify the everyday and find more time to pursue leisure or spend time with loved ones,” says Adrian Wang, director of innovation and sustainability, Tridel. “We’re using smart technologies to find modern conveniences and enjoy new luxuries, while also introducing new opportunities to build community and connection with the rest of the building’s residents and amenities.”
Technology is even integrated into the flooring, with the warm wooden herringbone floors throughout the suite coated in titanium oxide that is activated by light and motion, filtering and cleaning the air in the suite regularly. Large windows mean an abundance of natural light and a connection to the outside world, while the balcony features stunning views of Toronto’s Centre Island.
Scratch, stain and heat resistant, Caesarstone quartz is not only perfect for bathroom countertops and vanities, but also wall claddings, flooring, accents and more.
The COVID-19 pandemic has had a devastating impact on Canada, Ontario and the Greater Toronto Area, and my heart goes out to residents of the GTA who have been affected or lost loved ones to this terrible virus.
Following its initial sold-out debut, developer Aoyuan International is releasing new inventory at its landmark 8.6-acre master-planned community, M2M.
Located north of Toronto in York Region, Vaughan has long been one of the fastest growing municipalities in Canada, with a population now exceeding 306,000.
COVID-19 is challenging all kinds of things about life in Canada – including the way we live and work. Our panel of experts share their insights on the architectural and design changes already taking place.
We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
SFA SANIFLO INC. (“SANIFLO”) is the only manufacturer of its kind in North America offering a complete line of macerating toilet systems for residential and light-commercial applications where installation of plumbing fixtures with below-floor drainage is impossible or cost-prohibitive.
With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.
By becoming the standard bearer in the basement renovation industry, we can promote quality materials, professional trades, honest pricing, and better communication standards to create customer advocates and inspire our competitors.
Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.
Canadian Appliance Source has become the fastest growing provider of Major Home Appliances in Canada for over 10 years, we have grown to include over 13 locations across Ontario & Quebec.
Shelter Furniture recognizes your individual style and are sensitive to your space and your vision for your home. With our in store design services, we help you create unique space that helps bring your home to life.
Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.
As a cooperative with 1,000 stores worldwide, we not only have enormous buying power, but we have partners in all of the major brands, mills and manufacturers.
At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!
For over 50 years, Faema Canada has introduced the art of traditional Italian Espresso and Cappuccino to Canadians. We carry a variety of premium brands that can be tested at any one of our retail stores. Our selection of machines is only complemented by our assortment of fine espresso blends imported from Italy. Our wide selection of beans can also be brewed and sampled at all of our locations.
IMPROVE is totally unique to Canada. Based on the international success of similar concepts throughout the world, IMPROVE understands how to make home improvement much easier and more pleasurable for consumers and trades to shop all under one roof.
All-electric fireplace showroom and design centre with the largest selection in Toronto and York Region. Combining specialized expertise with over 20 years' interior design experience. On-wall, in-wall, fireboxes, retrofit inserts, mantels, custom cabinetry, stone and brick veneers. Residential and commercial. Trade and volume inquiries always welcome.
Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.
Sharp Electronics of Canada Ltd. is dedicated to improving the lives of consumers through the use of advanced technology. With a commitment to innovation, quality, value and design, Sharp consumer electronics and appliances enhance enjoyment, while adding to comfort.
From a modest machine shop in Baltimore to the surface of the moon, we’ve proudly provided innovative solutions for over a century. Discover the pioneering history of BLACK+DECKER.
Since 1873, Kohler Co. has been improving the level of gracious living by providing exceptional products and services for our customers’ homes and their lifestyles.
Over the last few months, we've seen our world transform at the hands of a global pandemic. We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
When it comes to getting a mortgage, there's no shortage of demand right now. In addition to those looking to refinance or switch to the very low rates available, there are many Canadians who purchased homes before the pandemic who are looking to get approved. Further, the real estate market is beginning to heat up again, therefore mortgage demand is expected to rise even further. The good news is that despite the current situation, there are great options available to apply for a mortgage without having to leave your home.
In the face of COVID-19, operations and procedures across the mortgage industry have been forced to adapt and do business virtually. With many large financial institutions not exactly built for online, this has lowered efficiencies and increased wait times for many customers. Traditional brokers are also facing this dilemma. Many of them don't have the infrastructure to facilitate the mortgage process outside of their offices, which has prompted a shift toward mortgage technology companies. For example, we have seen a 400-per-cent increase in site visits over the last three months.
Mortgage tech companies are a popular choice and have been resilient because they were already built to streamline the process digitally, while still having advisors to support clients throughout the process. People are looking for contactless options and these companies have been able to deliver an efficient way to get a mortgage without delays, and often get a better product than they would get with more traditional solutions.
Regardless of the route you choose, here are a few things to keep in mind if you plan to refinance, switch or apply for a new mortgage during this time:
1 - Looking to buy a home soon?
Get pre-approved. All this extra time on our hands has many people reassessing their personal finances and starting to plan for the future. There's been a massive uptick in people getting pre-approved; it's an important step and allows prospective buyers to search for a home with confidence, understand what they can afford and lock in a mortgage. To get pre-approved, contact a broker, call your bank or apply online with a digital mortgage company.
2 - Prepare your documents in advance.
Whether you're looking to refinance, switch or apply for a mortgage, you'll need to have the right documents on hand. Get a head start and organize all your paperwork to speed up the process later on.
3 - Shop lenders for the best mortgage.
Going from one bank to the next to find the best mortgage isn't something you can easily do right now. So, one of the best ways you can shop around is to either call a broker or use a digital mortgage company. What's great about these companies is that they'll do the shopping for you, so you can find the best mortgage option without having to leave your home.
4 - Expect lenders to be tighter.
The financial downturn caused by COVID-19 alongside the heavy increase of unemployment has led many lenders to be slightly tougher about the application process. Finding an unbiased mortgage advisor will put you on the right path from the start. They'll give you a full picture of the mortgage options and lenders available so you're not out there spinning your wheels to get approved.
5 - How to close.
If you're going to go digital with your mortgage, why not bring the rest of the process online? Regardless of what you're applying for, you'll need property insurance and a real estate lawyer for new purchases. Sonnet Insurance allows you to get multiple quotes and buy property insurance online, while Deeded facilitates the entire legal process through video chat. Both of these options are especially helpful in an era of social distancing, enabling you to do everything online from your own home.
The current conditions have really emphasized the advantages of tech companies and how they've changed the marketplace, especially when it comes to navigating the mortgage process. They are fully equipped to deliver services virtually and efficiently, helping you find the best mortgage and save money over the long term.
In the end, it's important to know that there are solutions available and that you don't have to worry about social distancing restrictions keeping you from getting the best mortgage for your needs.
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.
CHCH-TV started broadcasting in 1954 and is proud to be the news leader for Hamilton and the surrounding Halton and Niagara regions. CHCH News is produced daily out of its broadcast studio located in Hamilton, Ontario.
Royal Building Products is a leading manufacturer and distributor of a broad range of state-of-the-art exterior building materials for the home remodeling, building and municipal construction markets.
The National Kitchen & Bath Association (NKBA) is the premiere association for kitchen and bath professionals. Fifty years after its inception, the NKBA has a membership of more than 60,000 members and is the proud owner of the Kitchen & Bath Industry Show (KBIS).
Brampton Brick products transform neighborhoods, towns and communities. After all, nothing makes a vital first - and lasting impression like genuine clay brick. Throughout its long history, and into the future, the Brampton Brick team is passionate about building a better brick - a clay brick.
Always Discreet, a unique lineup of bladder leak protection products from the #1 brand* in feminine protection. (*based on sales) It’s the perfect combination of form, function and feminine design.
GTA resale sales see drastic drop in March due to COVID-19
March 2020 resale home sales in the GTA were very much a tale of two markets – pre and post COVID-19.
The Toronto Regional Real Estate Board (TRREB) reports that 8,012 home sales through TRREB’s MLS System in March 2020 – up 12.3 per cent compared to 7,132 sales reported in March 2019.
However, despite a strong increase in sales for March 2020 as a whole, there was a clear break in market activity between pre-COVID-19 and post-COVID-19 (after March 15).
Market impact
“The overall sales result for March was strong relative to last year, but the impact of COVID-19 was certainly evident in the number of sales reported in the second half of March,” says TRREB President Michael Collins. “Uncertainty surrounding the outbreak’s impact on the broader economy and the onset of the necessary social distancing measures resulted in the decline in sales since March 15. Sales figures for April will give us a better sense as to the trajectory of the market while all levels of government take the required action to contain the spread of COVID-19.”
“While COVID-19 has clearly had an impact on the housing market, the late March numbers still suggest that there is activity in the marketplace,” adds TRREB CEO John DiMichele. “TRREB continues to strongly recommend stopping in-person open houses and has provided its members with guidelines for social distancing. TRREB’s professional development staff are working hard to educate its members via webinars on using technology in innovative ways to conduct business virtually.”
Strong demand
“Despite sales and listings trending lower in the second half of March, demand for ownership housing remained strong enough relative to listings to see the average selling price remain above last year’s levels, including during the last few days of the month,” says Jason Mercer, TRREB’s chief market analyst. “As we move through April, we will have a clearer view on how social distancing measures and broader economic conditions will influence sales and ultimately the pace of price growth.”
The average selling price for March 2020 as a whole was $902,680 – up 14.5 per cent compared to March 2019. The average selling price for sales between March 15 and 31 was $862,563 – down from the first half of March, but still up 10.5 per cent compared to the same period last year.
Revised forecast
TRREB is to release a forecast update in mid-April, after seeing 2020 started with a near-record pace for home sales in the first quarter and double-digit annual rates of price growth.
Scratch, stain and heat resistant, Caesarstone quartz is not only perfect for bathroom countertops and vanities, but also wall claddings, flooring, accents and more.
The COVID-19 pandemic has had a devastating impact on Canada, Ontario and the Greater Toronto Area, and my heart goes out to residents of the GTA who have been affected or lost loved ones to this terrible virus.
Following its initial sold-out debut, developer Aoyuan International is releasing new inventory at its landmark 8.6-acre master-planned community, M2M.
Located north of Toronto in York Region, Vaughan has long been one of the fastest growing municipalities in Canada, with a population now exceeding 306,000.
COVID-19 is challenging all kinds of things about life in Canada – including the way we live and work. Our panel of experts share their insights on the architectural and design changes already taking place.
We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.
Since 1873, Kohler Co. has been improving the level of gracious living by providing exceptional products and services for our customers’ homes and their lifestyles.
Sharp Electronics of Canada Ltd. is dedicated to improving the lives of consumers through the use of advanced technology. With a commitment to innovation, quality, value and design, Sharp consumer electronics and appliances enhance enjoyment, while adding to comfort.
With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.
SFA SANIFLO INC. (“SANIFLO”) is the only manufacturer of its kind in North America offering a complete line of macerating toilet systems for residential and light-commercial applications where installation of plumbing fixtures with below-floor drainage is impossible or cost-prohibitive.
From a modest machine shop in Baltimore to the surface of the moon, we’ve proudly provided innovative solutions for over a century. Discover the pioneering history of BLACK+DECKER.
By becoming the standard bearer in the basement renovation industry, we can promote quality materials, professional trades, honest pricing, and better communication standards to create customer advocates and inspire our competitors.
All-electric fireplace showroom and design centre with the largest selection in Toronto and York Region. Combining specialized expertise with over 20 years' interior design experience. On-wall, in-wall, fireboxes, retrofit inserts, mantels, custom cabinetry, stone and brick veneers. Residential and commercial. Trade and volume inquiries always welcome.
As a cooperative with 1,000 stores worldwide, we not only have enormous buying power, but we have partners in all of the major brands, mills and manufacturers.
Shelter Furniture recognizes your individual style and are sensitive to your space and your vision for your home. With our in store design services, we help you create unique space that helps bring your home to life.
Canadian Appliance Source has become the fastest growing provider of Major Home Appliances in Canada for over 10 years, we have grown to include over 13 locations across Ontario & Quebec.
Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.
IMPROVE is totally unique to Canada. Based on the international success of similar concepts throughout the world, IMPROVE understands how to make home improvement much easier and more pleasurable for consumers and trades to shop all under one roof.
Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.
For over 50 years, Faema Canada has introduced the art of traditional Italian Espresso and Cappuccino to Canadians. We carry a variety of premium brands that can be tested at any one of our retail stores. Our selection of machines is only complemented by our assortment of fine espresso blends imported from Italy. Our wide selection of beans can also be brewed and sampled at all of our locations.
At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!
Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.
Over the last few months, we've seen our world transform at the hands of a global pandemic. We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
When it comes to getting a mortgage, there's no shortage of demand right now. In addition to those looking to refinance or switch to the very low rates available, there are many Canadians who purchased homes before the pandemic who are looking to get approved. Further, the real estate market is beginning to heat up again, therefore mortgage demand is expected to rise even further. The good news is that despite the current situation, there are great options available to apply for a mortgage without having to leave your home.
In the face of COVID-19, operations and procedures across the mortgage industry have been forced to adapt and do business virtually. With many large financial institutions not exactly built for online, this has lowered efficiencies and increased wait times for many customers. Traditional brokers are also facing this dilemma. Many of them don't have the infrastructure to facilitate the mortgage process outside of their offices, which has prompted a shift toward mortgage technology companies. For example, we have seen a 400-per-cent increase in site visits over the last three months.
Mortgage tech companies are a popular choice and have been resilient because they were already built to streamline the process digitally, while still having advisors to support clients throughout the process. People are looking for contactless options and these companies have been able to deliver an efficient way to get a mortgage without delays, and often get a better product than they would get with more traditional solutions.
Regardless of the route you choose, here are a few things to keep in mind if you plan to refinance, switch or apply for a new mortgage during this time:
1 - Looking to buy a home soon?
Get pre-approved. All this extra time on our hands has many people reassessing their personal finances and starting to plan for the future. There's been a massive uptick in people getting pre-approved; it's an important step and allows prospective buyers to search for a home with confidence, understand what they can afford and lock in a mortgage. To get pre-approved, contact a broker, call your bank or apply online with a digital mortgage company.
2 - Prepare your documents in advance.
Whether you're looking to refinance, switch or apply for a mortgage, you'll need to have the right documents on hand. Get a head start and organize all your paperwork to speed up the process later on.
3 - Shop lenders for the best mortgage.
Going from one bank to the next to find the best mortgage isn't something you can easily do right now. So, one of the best ways you can shop around is to either call a broker or use a digital mortgage company. What's great about these companies is that they'll do the shopping for you, so you can find the best mortgage option without having to leave your home.
4 - Expect lenders to be tighter.
The financial downturn caused by COVID-19 alongside the heavy increase of unemployment has led many lenders to be slightly tougher about the application process. Finding an unbiased mortgage advisor will put you on the right path from the start. They'll give you a full picture of the mortgage options and lenders available so you're not out there spinning your wheels to get approved.
5 - How to close.
If you're going to go digital with your mortgage, why not bring the rest of the process online? Regardless of what you're applying for, you'll need property insurance and a real estate lawyer for new purchases. Sonnet Insurance allows you to get multiple quotes and buy property insurance online, while Deeded facilitates the entire legal process through video chat. Both of these options are especially helpful in an era of social distancing, enabling you to do everything online from your own home.
The current conditions have really emphasized the advantages of tech companies and how they've changed the marketplace, especially when it comes to navigating the mortgage process. They are fully equipped to deliver services virtually and efficiently, helping you find the best mortgage and save money over the long term.
In the end, it's important to know that there are solutions available and that you don't have to worry about social distancing restrictions keeping you from getting the best mortgage for your needs.
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
A premium quality provider of architectural hardware including door handles, knobs, locks, hinges and more. All of our products are produced to the highest quality in brass and zinc materials.
Our Mission is to be the World’s best provider of home staging training. We do this by providing the ultimate training experience and support systems for entrepreneurial home stagers.
HomeStars is a free service to help homeowners find reputable renovators, repairmen and retailers by searching its database of 2 million companies and hundreds of thousands of reviews.
With over 20 years of experience in the flooring industry, we at BMG offer complete full service and installation on a wide range of products and materials including natural stone, hardwood, laminate, cork, porcelain, travertine, granite countertops, kitchen & bath faucets & sinks. Our Design Consultants are committed to finding the ideal kitchen or bath design that suits your budget and lifestyle.
Sharing Passion & Performance. With our unique expertise and sensibilities, gained from our devotion to sound and music, we are committed to creating excitement and cultural inspiration together with people around the world.
In what might be the last surge for a while, GTA new home sales were exceptionally strong in February, according to the Building Industry and Land Development Association (BILD).
There were 4,665 total new home sales in February 2020, which was up 211 per cent from February 2019 and 57 per cent above the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence. It was the highest number of new homes sold in February since 2002 and the third highest in the past 40 years.
Single-family surge
It was also the strongest February since 2004 for sales of new single-family homes, including detached, linked and semi-detached houses and townhouses (excluding stacked townhouses). With 2,247 new single-family homes sold, sales were up 228 per cent from last February and 44 per cent above the 10-year average.
Sales of new condominium apartments, including units in low-, medium- and highrise buildings, stacked townhouses and loft units, at 2,418 units sold, were up 197 per cent from February 2019 and 48 per cent above the 10-year average. It was the second strongest February of the past 40 years for new condominium apartment sales, after the record high of February 2017.
February new home sales by municipality
February 2020
Condominium units
Single-family homes
Total
Region
2020
2019
2018
2020
2019
2018
2020
2019
2018
Durham
89
21
4
489
97
49
578
118
53
Halton
227
22
46
380
275
113
607
297
159
Peel
545
127
103
289
193
35
834
320
138
Toronto
1,300
587
1,050
10
4
6
1,310
591
1,056
York
257
57
641
1,079
117
55
1,336
174
696
GTA
2,418
814
1,844
2,247
686
258
4,665
1,500
2,102
Source: Altus Group
“Following on a month of strong new home sales in February, our industry and our customers are facing a time of challenges and uncertainty due to COVID-19,” says David Wilkes, BILD president and CEO. “We are working diligently to coordinate responses with provincial and municipal authorities, protect workers and customers and ensure that we continue to fulfil our responsibilities to new-home buyers. One of those responsibilities is building enough homes to top up depleted inventory and ensure our region’s new home supply keeps up with demand.”
Pent-up demand
“Prior to the uncertainty due to the COVID-19 situation, the new-home sector in the GTA was on track for a strong sales performance in 2020,” adds Patricia Arsenault, Altus Group’s executive vice-president, Data Solutions. “Low mortgage rates were triggering the release of pent-up demand that had been building on the back of strong employment and population growth, which helped boost February sales.”
In February, the benchmark price for new condo units was $961,268, which was up 21.3 per cent over the last 12 months, and the benchmark price for new single-family homes was $1.09 million, down 2.2 per cent over the last 12 months.
Scratch, stain and heat resistant, Caesarstone quartz is not only perfect for bathroom countertops and vanities, but also wall claddings, flooring, accents and more.
In Halton Hills the predominant new housing type is still lowrise, though, also like other areas, new developments typically offer a mix of singles, semis and townhomes.
The COVID-19 pandemic has had a devastating impact on Canada, Ontario and the Greater Toronto Area, and my heart goes out to residents of the GTA who have been affected or lost loved ones to this terrible virus.
In 1978, Mattamy Homes founder, Peter Gilgan, set out to build homes and communities that complement how people actually live – an idea he called "thoughtful design."
COVID-19 is challenging all kinds of things about life in Canada – including the way we live and work. Our panel of experts share their insights on the architectural and design changes already taking place.
We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
Canadian Appliance Source has become the fastest growing provider of Major Home Appliances in Canada for over 10 years, we have grown to include over 13 locations across Ontario & Quebec.
At Riobel we design, create and assemble faucets, shower systems and accessories in our Canadian facility located in St-Jérôme, a suburb of Montréal. Our modern and fashionable products are designed to fit all kitchens or bathrooms. They are easy to install, while mechanical parts are accessible from above the counter to facilitate cleaning and maintenance. Riobel: a benchmark of excellence since 1995!
By becoming the standard bearer in the basement renovation industry, we can promote quality materials, professional trades, honest pricing, and better communication standards to create customer advocates and inspire our competitors.
SFA SANIFLO INC. (“SANIFLO”) is the only manufacturer of its kind in North America offering a complete line of macerating toilet systems for residential and light-commercial applications where installation of plumbing fixtures with below-floor drainage is impossible or cost-prohibitive.
Shelter Furniture recognizes your individual style and are sensitive to your space and your vision for your home. With our in store design services, we help you create unique space that helps bring your home to life.
Established in 1987, Caesarstone pioneered the original quartz surface and continues to be a leading developer and manufacturer of premium surfaces. Highly functional and design forward, Caesarstone surfaces have endless application possibilities including kitchen countertops, bathroom vanities, wall paneling, furniture and more.
Fusion Stone is an easy and budget-friendly way to beautifully upgrade your home, inside and out. A patented Shouldice innovation, Fusion Stone is a thin stone veneer that is easily installed with the included stainless steel clips & screws. You just screw it to the wall and it’s “Hooked for Life”.
Sharp Electronics of Canada Ltd. is dedicated to improving the lives of consumers through the use of advanced technology. With a commitment to innovation, quality, value and design, Sharp consumer electronics and appliances enhance enjoyment, while adding to comfort.
All-electric fireplace showroom and design centre with the largest selection in Toronto and York Region. Combining specialized expertise with over 20 years' interior design experience. On-wall, in-wall, fireboxes, retrofit inserts, mantels, custom cabinetry, stone and brick veneers. Residential and commercial. Trade and volume inquiries always welcome.
Since 1873, Kohler Co. has been improving the level of gracious living by providing exceptional products and services for our customers’ homes and their lifestyles.
Over the last few months, we've seen our world transform at the hands of a global pandemic. We're living in very different times where meeting face-to-face isn't really an option. Despite the new reality, the priority of taking care of our personal finances is one thing that hasn't changed.
When it comes to getting a mortgage, there's no shortage of demand right now. In addition to those looking to refinance or switch to the very low rates available, there are many Canadians who purchased homes before the pandemic who are looking to get approved. Further, the real estate market is beginning to heat up again, therefore mortgage demand is expected to rise even further. The good news is that despite the current situation, there are great options available to apply for a mortgage without having to leave your home.
In the face of COVID-19, operations and procedures across the mortgage industry have been forced to adapt and do business virtually. With many large financial institutions not exactly built for online, this has lowered efficiencies and increased wait times for many customers. Traditional brokers are also facing this dilemma. Many of them don't have the infrastructure to facilitate the mortgage process outside of their offices, which has prompted a shift toward mortgage technology companies. For example, we have seen a 400-per-cent increase in site visits over the last three months.
Mortgage tech companies are a popular choice and have been resilient because they were already built to streamline the process digitally, while still having advisors to support clients throughout the process. People are looking for contactless options and these companies have been able to deliver an efficient way to get a mortgage without delays, and often get a better product than they would get with more traditional solutions.
Regardless of the route you choose, here are a few things to keep in mind if you plan to refinance, switch or apply for a new mortgage during this time:
1 - Looking to buy a home soon?
Get pre-approved. All this extra time on our hands has many people reassessing their personal finances and starting to plan for the future. There's been a massive uptick in people getting pre-approved; it's an important step and allows prospective buyers to search for a home with confidence, understand what they can afford and lock in a mortgage. To get pre-approved, contact a broker, call your bank or apply online with a digital mortgage company.
2 - Prepare your documents in advance.
Whether you're looking to refinance, switch or apply for a mortgage, you'll need to have the right documents on hand. Get a head start and organize all your paperwork to speed up the process later on.
3 - Shop lenders for the best mortgage.
Going from one bank to the next to find the best mortgage isn't something you can easily do right now. So, one of the best ways you can shop around is to either call a broker or use a digital mortgage company. What's great about these companies is that they'll do the shopping for you, so you can find the best mortgage option without having to leave your home.
4 - Expect lenders to be tighter.
The financial downturn caused by COVID-19 alongside the heavy increase of unemployment has led many lenders to be slightly tougher about the application process. Finding an unbiased mortgage advisor will put you on the right path from the start. They'll give you a full picture of the mortgage options and lenders available so you're not out there spinning your wheels to get approved.
5 - How to close.
If you're going to go digital with your mortgage, why not bring the rest of the process online? Regardless of what you're applying for, you'll need property insurance and a real estate lawyer for new purchases. Sonnet Insurance allows you to get multiple quotes and buy property insurance online, while Deeded facilitates the entire legal process through video chat. Both of these options are especially helpful in an era of social distancing, enabling you to do everything online from your own home.
The current conditions have really emphasized the advantages of tech companies and how they've changed the marketplace, especially when it comes to navigating the mortgage process. They are fully equipped to deliver services virtually and efficiently, helping you find the best mortgage and save money over the long term.
In the end, it's important to know that there are solutions available and that you don't have to worry about social distancing restrictions keeping you from getting the best mortgage for your needs.
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. thinkhomewise.com
With over 90 years of experience, BLANCO is the leading kitchen sinks and faucets manufacturer. From handcrafted in Germany Steelart® sinks and the beauty of Silgranit®, to the European design faucets, BLANCO products are celebrated worldwide for their unmatched quality and design. Blanco Silgranit® sinks are proudly manufactured in Canada TRADE ONLY.
From a modest machine shop in Baltimore to the surface of the moon, we’ve proudly provided innovative solutions for over a century. Discover the pioneering history of BLACK+DECKER.
For over 50 years, Faema Canada has introduced the art of traditional Italian Espresso and Cappuccino to Canadians. We carry a variety of premium brands that can be tested at any one of our retail stores. Our selection of machines is only complemented by our assortment of fine espresso blends imported from Italy. Our wide selection of beans can also be brewed and sampled at all of our locations.
As a cooperative with 1,000 stores worldwide, we not only have enormous buying power, but we have partners in all of the major brands, mills and manufacturers.
Cosentino is a global, family-owned company that produces and distributes high value innovative surfaces for the world of architecture and design, leaders in their respective segments such as Silestone® Quartz surfaces and Dekton® Ultracompact surfaces. Technologically advanced surfaces that create unique designs for the home and public spaces.
IMPROVE is totally unique to Canada. Based on the international success of similar concepts throughout the world, IMPROVE understands how to make home improvement much easier and more pleasurable for consumers and trades to shop all under one roof.
IKO has grown from humble beginnings to a global leader in the roofing products industry, with more than 3,000 employees worldwide, and state-of-the-art manufacturing plants.
Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. All of our cooking, refrigeration, dishwashers, and laundry appliances are created to conserve our non-renewable resources.
Over the past 14 years Factory Tile Depot has become #1 for everything tile and stone. With 5 locations showcasing the latest and greatest trends in the tile industry, we have built the confidence of trade and retail clients alike. We are proud to offer well thought out showrooms, extensive selections of hard to find tile-stone, on site designers, and some of the best after care support in the industry. Experience the FTD difference on your next project.
Thermador has been providing real innovations for real cooks for more than 75 years. The iconic line of cooking, cleaning, refrigeration and ventilation products remains committed to empowering culinary enthusiasts to be their best through continuous innovation breakthroughs. Thermador is part of BSH Home Appliances Corporation, a fully-owned subsidiary of Bosch and Siemens Home Appliance Group.
Euro-Line Appliances has brought elite European engineered appliances to Canadian homes for over 25 years. Our brands exceed expectations and have earned awards in design, engineering, performance, and energy efficiency. Euro-Line Appliances are proud distributors of products from AEG, LIEBHERR, PORTER&CHARLES, SMEG, and FRANKE in Canada.
Grohe AG is Europe’s largest and the world’s leading single-brand manufacturer and supplier of sanitary fittings. We set our standards extremely high to ensure that every time you turn on a GROHE faucet or step into a GROHE shower you can feel the difference.
Forterra Brick is North America's largest brick manufacturer with a total capacity of more than 1.7 billion bricks. Forterra Brick provides superior selection and service, and more than 1,000 styles of brick in four regional brick collections. Among architects and builders across the U.S. and Canada, we are known for; Innovation, Service and Influence.
Hats On For Awareness is an organization dedicated to raising awareness, understanding and widespread acceptance of mental illness and addiction with the goal of eradicating the stigma associated with mental health and addiction.
Jesse Abrams is Co-Founder at Homewise, a mortgage advisory and brokerage firm based in Toronto. 
