Torontonians continue to pay some of the lowest proportional property tax rates in Ontario, despite an above inflation increase that was passed by City Council earlier this year. Today Torontonians pay 0.6% of their home values in pro …

The Federation of Rental Housing Providers of Ontario (FRPO) recently released a report discussing the shortage of affordable housing in Toronto and presenting a solution. The magic ingredient to solving the housing crunch can be foun …

In this blog, Tembo will outline some of the programs and measures in place to support individuals for those in need. We recognize that many of our readers, clients, and stakeholders are people who have been directly impacted by COVI …

In this blog, Tembo will outline some of the programs and measures in place to support small businesses for those in need. We recognize that many of our readers, clients, and stakeholders are small business owners, have entrepreneuria …

The message now set in stone was reiterated recently, loud and clear: cheap money is here to stay. For at least the next 2 years, the Bank of Canada will keep its record low interest rates steady at 0.25% or until we hit 2% inflation. …

They called it “the best September on record for Toronto home sales.” 42.3% more homes closed last month than was the case in September of 2019. Over 11,000 homes were sold, and the average sale price approached just under …

With case numbers slowly increasing, the provincial government has long been planning for this second wave outbreak. Tembo wants to provide readers with confidence and details of how public authorities are responding to the second wav …

School re-opening remains a contentious issue in the province. In this blog post, Tembo will outline where resources are going to manage school re-opening in Ontario. While some schools have closed and case numbers in the system are s …

Second Mortgages can be taken against your property in Ontario by using Tembo Financial.  We work with our clients to get the best mortgage rates in Ontario that are tailored to fit your financial needs.  Second mortgages are regist …

Third mortgages in Ontario are easier to get than before with a loan from Tembo Financial.  If you are anywhere in Ontario, such as Cambridge, Waterloo, Ottawa, Pickering, Scarborough, Brampton, Mississauga and more, Tembo Financial …

The newly minted Governor of the Bank of Canada has enormous power over the Canadian economy and real estate market given his authority over interest rate setting. Like his international counterparts, Governor Macklem is a ‘mast …

According to the Toronto Regional Real Estate Board, sales in the GTA soared over 40% in August. Average prices went up to $951K, a 20% increase from August 2019. Listings also rose, by over 57% compared to August 2019. The surge in A …