In the late 1800′s, Lorne Park used to be the “Hampton’s” for Toronto’s upper class. As it came into the fold of Mississauga, it did not lose it’s High End Appeal. Drive through the area and it’s easy to see why; quiet streets, mature trees, character homes….quiet, elegant living.
Sheridan consists of Sheridan Homelands, Sherwood Forest and the exclusive Mississauga Road corridor. Built from the 1960's to 1980's, there are modest family homes, impressive executive homes, and stately mansions that boast of ostentation.
This area was designed with curb appeal in mind; large brick homes, a variety of architecture, and good frontages. There are many parks, paths and schools integrated into the design of Central Erin Mills, the ultimate suburban neighbourhood.
Lakeview is an up and coming popular destination for people who like close access to lake Ontario and downtown Toronto. Lakeview is undergoing a waterfront development plan that will continue to drive interest to this village within the city.
Those who love Clarkson, love it a lot. With its relatively affordable homes & it’s own downtown in revival, there is an appeal for those who want an urban lifestyle. However, there are less desirable areas & the schools are not top ranking. Great for some but not for all, Clarkson is a village to watch in the future.
Mineola is one of Mississauga’s most exclusive postal codes; many people don't even know it's there. It is a favourite area for investors looking to build custom homes because of the neighbourhood’s vicinity to Port Credit and the luxury appeal.
Streetsville Village has a history of almost 200 years, and includes the original historic areas as well as suburban developments spanning the last 70 years. Streetsville has a beautiful and vibrant downtown core along Queen Street, with plenty of charm, community and activities.
Does large lots, mature trees, quiet family homes, ample parks, trails and green space, & top school sound good to you? You might be surprised that you can find all of the in Meadowvale. Find out which areas of Meadowvale are becoming high-demand.
Mortgage Rules: The Same People Who Are Tightening Them Loosened Them
Today I was going through the latest housing statistics for work when something occurred to me. With all the changes in mortgages and lending rules brought in by the current government I realized that it was the same government that loosened those rules 7 years earlier.
Prior to 2006 we had 25 year amortization and 5% down for insured mortgages. In 2006 the rules were changed bringing in 0% down mortgages along with 35 & 40 year amortization rates. Yes, Harper and Flaherty, the same guys who are now talking like they are Canada’s saviors, stopping us from economic ruin were the ones responsible for allowing the risky lending practices in the first place. To be fair, hindsight is always 20/20 but I wonder why no one who reports on this ever brings this up?
In our short term minded information age it’s hard to remember what happened yesterday, never mind 7 years ago but we as a public need to ask more questions as to why policy is set the way it is. In who’s interest is it to drastically and with little warning change mortgage policy? Or in who’s interest is it to privatize CMHC as it has been reported that Finance minister Jim Flaherty is considering?
Jeff O’Leary is an award winning Realtor® located in Mississauga, who spends his days helping home buyers and sellers in the west GTA. As a husband and father of 3 boys, Jeff has a passion for lifestyle and community.