Iranian Real Estate News / Blog

The latest news/blogs about Real Estate and Mortgage in Toronto Canada

2079601 mins ago

Canadian Mortgage Rate in 2021

What would be the impact of COVID-19 on Canadian Mortgage rate in 2021? Learn how 2020 changed the Canadian Economy and what would be the result of it in 2021.

Canadian Mortgage Rate in 2021

2082481 mins ago

What is Bank of Canada

Learn about Bank of Canada, what is the most important role of the bank of Canada is playing in the Canadian Economy and how it controls the interest rate

What is Bank of Canada

2566321 mins ago

Mortgage Rate Forecast 2020

Estimating the bank rate forecast won't be anything but a good educated guess. Doesn't matter how well educated or well-researched the economists are they can not come up with a perfect prediction about the banks rates for the future. Experience and knowledge combine might give a good idea about how bank interest rate might be in close future but not exact. That's why here we are inviting mortgage / Loan experts to share their view about the future of the bank rate.

Here in Iranian real Estate we will just offer you some facts about this matter. At the beginning of 2019 there was a prediction that the Bank rates will rise because of the improvement in Canadian economy but it's most likely the opposite. the Canadian Prime Rate hikes being on hold because of the unpredictable future and some experts think it might even drop a little more. Some major banks (like TD Canada Trust, CIBC and BMO) believe that the rate will drop by the end of 2019 and through 2020 but others like National Bank or Desjardins predicting unchanged prime rate till 2021. What is Bank Rate: The Bank Rate is the rate that each bank can borrow money from the Bank of Canada and that's what controls the Mortgage Rates, if the Bank Rate goes up the mortgage rates and variable rates will go up, so everything is based on the Canadian economy. If country facing recession then the Bank Rates will go down so as the Mortgage rates and …, if we will have a good economy then the Bank Rate will rise.

Are we facing recession in Canada in 2020?

Christian Lawrence (senior market strategist at Rabobank) believes that the Canadian economy will face recession in the second half of 2020. There's another look, Rachael Moir thinks In spite the fact that the global economy is at risk of a recession Canada might stay immune read more.

The recession and Canadian Bank Rates are very much depending on the global economy specially U.S. economy. U.S. election in 2020 plays a big role in Canadian economy. Since U.S. is Canada's biggest neighbor and there are big trade deals between the 2 country so the next president of the United State will play a big role on this

Mortgage Rate Forecast 2020

2325841 mins ago

Newmarket

Newmarket, Ontario is basically a part of Greater Toronto Area. this city is surounded by Bathurst street from west, HWY 404 from east, Town of East Gwillimbury from north and Town of Aurora from south.

Flying from History to the Future

The town's history belongs in reference to the farming communities in the area. It was formed by such communities in 1857. However, with time Newmarket successfully developed an industrial center and residential area as well. Upper Canada Mall, Southlake Regional Health Care, and the Main Street Heritage Conservation District are some of the primary noticeable landmarks of Newmarket.

A remark on Climate chills

Newmarket upholds its own unique humid continental climate. It goes through four different seasons throughout the year. This includes warm summer, humid summer, cold, snowy winter. Precipitation somehow remains persistent all the year.

Mentioning the Demographics

The current (2020) population of Newmarket is estimated to be around 90,000. The proud town further breaks itself down to 52% males and 48% females. 64.4% of it's the overall population belongs to the age group between 18-64 years. Apart from that, around 71.4% of the Newmarket residents speak the English language. Although, other languages like Russian, Cantonese, Spanish, Tagalog, Arabic, Mandarin, Farsi, Italian, French, German are also spoken in the town.

The Newmarket Economy

Both the Newmarket region as well as the York region beholds a very robust employment base. Newmarket is successfully featuring a very strong and diverse growing economy. Their elevating sectors include healthcare and knowledge sector, business services, manufacturing and retail services, etc.

The divine Heritage

The Newmarket has reflected a great heritage over the last 100 years. It acts as a vast hub of commerce and cultural activity. It takes pride to have many heritage sites and buildings followed by its historic thoroughfare and side streets. In the last 20 years, an abundant amount of investment (more than $70 million) has been made to preserve and renovate its unique heritage and its historic significance.

A word on Education

Newmarket has two school boards in its town which include the York Region District Board (YRDSB) and York Catholic District School (YCDSB). The former successfully operates four secondary schools and 15 elementary schools. The latter operates one secondary school and 6 elementary schools. There are also a few Christian schools and academies in the town.

The Glossy Government

The present Mayor of the Newmarket is John Taylor (contact page). He was elected in October 2018 after Tony Van Bynen (2006-2018) Tom Vegh is the current Deputy Mayor and Regional Councillor of the town. The town is divided into a total of seven wards. Movement and Sports Newmarket has been home to many teams such as Newmarket Hurricanes, Newmarket Saints, Newmarket Royals, Newmarket Flyers, and Newmarket Redmen. The three main sports followed in the town are Golf, Swimming, and Curling.
If you already live in Newmarket or thinking about it, the following links might help you:

Community Centres

Community Centre and Lion's Hall
200 Doug Duncan Dr,
Newmarket, ON L3Y 3Y9 (view map)
Phone: 905-953-5302

Newmarket Senior's Meeting Place
474 Davis Dr, Newmarket,
ON L3Y 2P3, Canada (view map)

Phone: 905-953-5325

Magna Centre
800 Mulock Dr,
Newmarket, ON L3Y 9C1, Canada (view map)

Phone: 905-953-5303

Newmarket

2325841 mins ago

Vaughan

City of Vaughan named after Benjamin Vaughan, a British commissioner who signed a peace treaty with the United States, the city of Vaughan, is the fifth-largest city in the Greater Toronto Area, Canada. The city flourished from an ancestry of agriculturalists. Several archaeological evidence excavated since 1975 has suggested the occupation of Iroquois besides the Humber River from 1500-1550. The hamlets one of the historical settlements in the countryside of this city experienced a more substantial influx of immigrants in the 1800s. The immigrants were expert tradesmen who laid a foundation for the economic prosperity of the region. While the first people to arrive were Pennsylvania Germans, during World War II, the city saw higher immigration of Italians, Jews, and eastern Europeans into its demographics. The first road that was constructed in the Township connected Vaughan with Toronto in 1850. A series of events led up to the formation of a regional government of the York region in 1971 when the boundaries between Vaughan township and the Village of Woodbridge was dissolved to make the Town of Vaughan. The city's significant communities officially inhabit the five urban areas of Woodbridge, Maple, Thornhill, Concord, and Kleinburg. The Vaughan Metropolitan center is the central business zone of about 442 acres of land and is under the progress of developments. The city population has seen a tremendous growth close to 80.2% during the 1996-2006 time period. Vaughan was one of the fastest multiplying municipalities in Canada. The population during that period almost doubled its 1991 count. From 2011-2016, the population grew by 6.2 percent. The diversity of the population comprises Southern European Canadians, especially Italians, Eastern Europeans (Russians), Jews from Ontario, and smaller proportions of British and Irish in the Southern Ontario cities. The minorities inhabiting the city are Chinese, Hispanic, Jamaican, Indian, and Vietnamese people. Vaughan has a wide diversity in linguistics. The most spoken languages of the city in descending order are English, Italian, Russian and Spanish. But that is not all. Its diverse population also speaks Punjabi, Filipino, Hebrew, Mandarin, Farsi, Vietnamese, Cantonese, and Urdu. Vaughan is a vibrant and prosperous community, at more than 4% economy growth annually, this city is amongst the best Canadian cities for entrepreneur and major companies. In last 10 years (since 2010) the city made more than 60,000 jobs and more than $11 billion spent on Real Estate, and still Vaughan is one of the with lowest tax in Greater Toronto Area. So if you are an entrepreneur and looking for the best place to start your business Vaughan can be one of the cities in Greater Toronto Area you can look into, City have very good tools, meetings and advisors to help you start or if you already have business city is always there to help you. The city has four major sports leagues for Hockey, Baseball, Football, and Basketball. There are several amateur sports teams in the city for several sports. The National golf club of Canada, the country's highest-ranking golf club, hails from Vaughan. The city of Vaughan embodies the beauty of diversity. The undying spirit of the region is an epitome of growing prosperity and emerging hopes for the demographics in and beyond Canada.
If you already live in Vaughan or thinking about it, the following links might help you:

Useful Links

City Bylaws:
By-Law and compliance, Licensing and permits

Business Services:
Learn how the city of Vaughan can help you start your own business or expand your already started business in our beautiful city

Employment Services:
If you are looking for having a career in the city of Vaughan click here

Garbage and Recycling:
Have question abobut Garbage and Recycling in the city of Vaughan?

Community Centres

Al Palladini Community Centre
9201 Islington Avenue,
Woodbridge ON L4L 1A7 (view map)
Phone: 905-832-8564

Chancellor Community Centre
350 Ansley Grove Road, Woodbridge ON L4L 5C9 (view map)

Phone: 905-832-8620

Dufferin Clark Community Centre in vaughan

Dufferin Clark Community Centre
1441 Clark Ave. W, Thornhill (view map)

Phone: 905-832-8554

Father E. Bulfon Community Centre in Vaughan</strong>

Father E. Bulfon Community Centre
1369 St. Clair Ave.8141 Martin Grove Road, Woodbridge ON L4L 3W9 (view map)

Phone: 905-879-8732

Regent Park Community CentreGarnet A. Williams Community Centre in Vaughan

Garnet A. Williams Community Centre
501 Clark Avenue West, Thornhill ON L4J 4E5 (view map)
Phone: 905-832-8552

Maple Community Centre
10190 Keele Street, Maple ON L6A 1R7 (view map)
Phone: 905-832-2377

North Thornhill Community Centre in Vaughan

North Thornhill Community Centre
300 Pleasant Ridge Avenue, Thornhill ON L4J 9B3 (view map)
Phone: 905-832-8540

Rosemount Community Centre
1000 New Westminster Drive, Thornhill ON L4J 8G3 (view map)
Phone: 905-832-8552

Vellore Village Community Centre in Vaughan

Vellore Village Community Centre
1 Villa Royale Avenue, Woodbridge ON L4H 2Z7 (view map)
Phone: 905-832-8544

Woodbridge Pool & Memorial Arena in Vaughan

Woodbridge Pool & Memorial Arena
5020 Highway 7, Woodbridge ON L4L 1T1 (view map)
Phone: 905-832-8576

Vaughan

2330161 mins ago

Toronto

Toronto with 3.1 million residents surrounded by Lake Ontario to the south, High way 427 to the left, Steeles Ave. to the north and Rouge Rive to the east.
The population growth of this city forced the boundaries to reach out to the neighbour cities and create the Greater Toronto Area or GTA. Here we are only talk about the City of Toronto itself.
Toronto is one of the most popular cities in Canada. It is the capital of Ontario. It is one of the populated cities in Canada. It is the fourth -most populated city in North America.
The current population of Toronto is a result of it's historical and current destination significance. Around 50% of the people living in Toronto surprisingly belong to a minority population group. Although the majority of the population speaks English, 160 other languages are also spoken in Toronto.
Toronto is a hub of art and culture as well. It is famous for its theatres, music, and television production. Also, Toronto is home to the Toronto Stock Exchange. It has the headquarters of Canada's five largest banks. It is strongly diversified in the parameters of the economy, finance and growth. It is famous for a number of things like design, life sciences, fashion, environmental innovation, tourism, technology, financial services etc.
More than 50% of the population in Toronto is Christian. Although, there is the presence of other religions as well as Catholics, Protestants, Christian Orthodox etc. Some other religions are also practiced in Toronto on a minority scale. Such other religions include Hinduism, Jainism, Judaism, Buddhism, Sikhism etc.
Toronto is governed by a mayor-council-system. It has a single-tier-municipality. The municipal government acts as per the City of Toronto Act. The mayor of Toronto is elected by the people.
Toronto is renowned as one of the safest major cities in North America. Toronto has a significantly low crime rate. The homicide and robbery rate in Toronto is very low.
Toronto consists of four public school boards in total. They provide elementary and secondary education. These school boards are mostly operated by TDSB (stands for Toronto District School Board). There are 451 elementary schools, 105 secondary schools, and five adult learning centers. In addition to that, there are five public universities in Toronto. 2 of them are located downtown like University of Toronto (UofT), Ryerson University. York University is the exception, and it is not located in downtown. Also, there are four diploma and degree colleges located in Toronto. Hence, it is true and fair to quote that "Toronto is a well-known education hub of Canada". Toronto is also famous for its public library which consists of 100 branches. Also, it has more than 11 million items in the collection.
Toronto is also great in terms of Health and Medicine. It has more than twenty public hospitals. Toronto also has a number of health-focused non-profit organizations.
If you already live in Toronto or thinking about it the following links might help you:

Useful Links

Public Notices & Bylaws:
The City is required to give notice to the public on a wide range of matters including planning, development and heritage activity, fees and budgets, property sales, and other subjects.

Parks, Gardens & Beaches:
Toronto has many natural areas including ravines, woodlands, and the shoreline of glacial Lake Iroquois, on both private and public land. Gardens & Horticulture.

History, Art & Culture:
Take in Toronto's story and stunning scenery at one of 10 City-owned and operated history museums. Cultural Centers & Galleries. Explore art classes, exhibits.

Business & Economy:
Business Operation & Growth Business Start-Ups Doing Business with the City Industry Sector Support Invest in Toronto Partnerships, Sponsorships.

Community Centres

Driftwood Community Recreation Centre
4401 Jane St
Toronto, ON (view map)
Phone: 416-395-0226

North Toronto Memorial Community Centre
200 Eglinton Ave. (view map)
Toronto, ON
Phone: 416-392-6591

Bedford Park Community Centre
81 Ranleigh Ave (view map)
Toronto ON
Phone: 416-392-0618

Joseph J. Piccininni Community Centre
1369 St. Clair Ave. (view map)
Toronto, ON
Phone: 416-392-0036

Regent Park Community Centre
402 Shuter St (view map)
Toronto, ON
Phone: 416-392-5490

Edithvale Community Centre
131 Finch Ave. West (view map)
Toronto, ON
Phone: 416-395-6164

L'Amoreaux Community Recreation Centre
2000 Mcnicoll Ave. (view map)
Toronto ON
Phone: 416-396-4510

Mitchell Field Community Centre
89 Church Ave. (view map)
Toronto, ON
Phone: 416-395-0265

Cummer Park Community Centre
6000 Leslie St. (view map)
Toronto, ON
Phone: 416-395-7803

Parkway Forest Community Centre
55 Forest Manor Rd. (view map)
Toronto, ON
Phone: 416-392-6383

Fairbank Memorial Community Centre
2213 Dufferin St (view map)
5 Hopkins Street
Toronto, ON
Phone: 416-394-2473

Ellesmere Community Centre
20 Canadian Rd. (view map)
Toronto, ON
Phone: 416-396-5536

Earl Beatty Community Centre
455 Glebeholme Blvd. (view map)
Toronto, ON
Phone: 416-392-0752

S.H. Armstrong Community Centre
56 Woodfield Rd. (view map)
Toronto, ON
Phone: 416-392-0734

Frankland Community Centre
816 Logan Ave. (view map)
Toronto, ON
Phone: 416-392-0749

Toronto

2068081 mins ago

Aurora

Aurora is a Town located in the centre of York Region and it's part of greater Toronto Area (GTA), north of Richmofnd Hill. in 2016 the population was estimated 55,445 and it's been ranked as the 10th wealthiest town in Canada.
Aurora is another city which is very much liked by Iranian Community (after Richmond Hill).
Traveling from Aurora to the heart of the city of Toronto will take almost 38 mins drive using HWY, 52 mins using train, 49 mins if you use the bus. There is other alternatives to get to the downtown Toronto in rush hours which is small planes which lands and the very south of Toronto harbour front.

Aurora is served by schools from three publicly funded school boards: the York Region District School Board (English), the York Catholic District School Board (English Catholic), and Conseil scolaire de district catholique Centre-Sud (French-language Catholic).
The South east part of Aurora is subject to the Ontario Government Greenbelt which adds to the beauty of the town, beautiful protected nature provides a wonderful environment for the residents. The beautiful nature, parks and small lakes all over this city made Aurora one of the most beautiful city around GTA.
50km² town has more than 46 parks with entertainment facilities, 57km Natural Trails which all maintained by the city on regular basis.

There are 2 public transportation systems service in Aurora, Go transit (Bus & Train), YRT (Bus).
Town of Aurora has a big potential to grow economically, so if you are looking to buy a property here, it might be a good idea as an investment or just to reside in this beautiful quite city.
Town of Aurora has lots of fun activities, educational programs and entertainment facilities to provide a healthy and fun environment for the people living in this beautiful town. If you are thinking about living in the Town of Aurora or already live in this beautiful city the following links would be very useful for you:

Useful Links

Town of Aurora Bylaws
Bylaw Services works with the community to educate and enforce bylaws to protect the welfare, health and safety of our residents.
Phone: 905-727-3123 ext. 4240
Click here

Aurora Communit Centre
Hours of Operation: September to April 7 days a week, 7 a.m. to 11 p.m. May to August Monday to Friday - 7 a.m. to 10 p.m., Saturday and Sunday - as booked Address: 1 Community Centre Lane, Aurora, ON, L4G 7B1 (view map)
Phone: 905-727-1375

Parks and Trails
46 park in Town of Aurora
Names, Locations and facilities available Phone: 905-727-3123 ext. 3233
Click Here

Fun and Activities
Sports facilities and amenities to help residents stay active, keep fit and have fun. Phone: 905-727-1375
More information click here

Aurora

2325841 mins ago

Richmond Hill

City of Richmond Hill is part of York Region Ontario located north of Toronto (Part of the Greater Toronto Area GTA), it is the third most populous municipality or York Region, it has seen a significant population growth since 1990s. It will take about 35 mins drive or about 1 Hour if you use public transit to get to the heart of city of Toronto.
Richmond Hill is a beautiful quiet city with wide collection of activities, events and facilities which helps you to enjoy your free time.
Swimming, Skating are just a few things you can do in this city. Nice and safe activities for your kids like Sports Fields, Splash Pads for summer times, Tennis courts and beautiful Parks, Wonderful natural trails if you feel like hiking.

Richmond Hill Community Centers' perfectly managed lots of fun and education programs for free or a for a fraction of the cost for local residents.
Richmond Hill is one of the safest cities around Toronto which makes it a great home for families.
Richmond Hill is bounded by Bathurst Street from west, HWY 404 from east, HWY 7 from south and Bloomington Rd from north.
Richmond Hill is one of the cities which very much liked by Iranian people.
Because of the growing population most of the streets are expanding to multiple lanes to avoid traffic congestion.
If you already live in Richmond Hill or thinking about it the following links might help you:

Community Centres

Bayview Hill Community Centre and Pool richmond hill

Bayview Hill Community Centre and Pool
114 Spadina Road
Richmond Hill, ON L4B 2Y9 (view map)
Phone: 905-508-5995 (community centre) or 905-508-9394 (pool)

Continental Pool community centre richmond hill

Continental Pool
161 Newkirk Road (view map)
Richmond Hill, ON L4C 3G6
Phone: 905-884-0755 (studio) or 905-844-6651 (pool)

Ed Sackfield Fitness community centre richmond hill

Ed Sackfield Fitness Centre
311 Valleymede Drive (view map)
Richmond Hill, ON L4B 2E1
Phone: 905-771-8333

Elgin West Community Centre and Pool richmond hill

Elgin West Community Centre and Pool
11099 Bathurst Street (view map)
Richmond Hill, ON L4C 0N2
Phone: 905-508-7012 (general) or 905-508-3036 (pool)