Ian Mehisto - Royal LePage Signature Realty

03/19/2026

A steady rate signals a steady moment, but strategy remains everything.

The Bank of Canada has held its overnight rate at 2.25%, reinforcing a period of stability as inflation tracks near the target and economic growth remains measured.

While global pressures and upcoming trade reviews remain on the radar, this “wait and see” approach creates a window of clarity for buyers, sellers, and investors alike.

For the market, this means borrowing conditions remain predictable, offering an opportunity to plan with greater confidence and less volatility.

Smart moves are made in stable environments.

A clear strategy makes the difference. Connect with a trusted real estate professional to navigate the next move with confidence.

03/19/2026

👉🏻 JUST LISTED! - Welcome to 38 Orville Hand Court – A rare offering, this home features four bedrooms in total, spacious primary bedroom with ensuite and w/i closet, eat-in kitchen with stainless-steel appliances, double-sided fireplace separating living and dining rooms, beautiful backyard with an interlocking stone patio, lots of parking, large unfinished basement great for a home gym and storage. Ideally located, this home is on a child friendly court, steps to schools, community centres, trails, parks, shopping, and easy access to 400, 403 and GO station. Do not miss out on this one!

🛏 4 Bedrooms
🚽 3 Bathrooms
⛱ Amazing backyard with stone patio
🔑 Asking $3,600 / month
🤝 Flexible Possession
📑 Reviewing offers anytime

📲 If interested, please DM or Text directly at 647-372-0023

03/03/2025

👉 JUST LISTED - Welcome to 20 Wesley Avenue! This cozy home features thoughtfully laid out living space, tonnes of natural light, a four-season sunroom, an in-law suite, two bedrooms, second floor and basement laundry and a stunning corner lot with a wild garden, and an enclosed backyard with a deck. Located in Port Credit, you are a short walk to parks, waterfront, shops, restaurants and the many other amenities of the neighbourhood. If that isn’t enough, you also have easy access to public transit and the QEW. Don't miss out on this one!

🛏 2 + 1 Bedrooms
🚽 2 Bathrooms
🔪 2 Kitchens
🏠 In-law Suite with Separate Entrance
☀️ Lots of Natural Light
⛱ Amazing Backyard with Deck
🚘 2 Parking Spaces
📍 Great Location
🚈 Short Walk to Many Parks and Schools
🔑 Asking $3,100
📑 Offers Anytime
📲 If interested, please DM or Text directly at 416-722-1939

01/29/2025

🚨 🏠 The Bank of Canada has lowered its key interest rate to 3.0%, marking a significant shift in the economic landscape.

This change could impact mortgage rates, buyer demand, and overall market activity in the months ahead.

Whether you're looking to purchase a home, sell your property, or invest in real estate, staying informed about interest rate trends is key to making confident decisions.

Want to discuss what this means for your real estate plans? Let’s connect.

07/24/2024

Charting Inflation and Interest Rates since December 2017 to today.

07/24/2024

👉🏻 As widely expected, the has just lowered their benchmark rate by 0.25% to 4.5%. Next announcement is scheduled for September 4th.

This is the second reduction in the long-anticipated monetary policy easing cycle after the Bank of Canada raised rates to tackle the worst inflation experienced in a generation.

These two rate decreases come as price pressures have eased, global supply chains have improved and economic growth has stalled.

Assuming inflation continues to abate, Bank of Canada Governor Tiff Macklem says it is reasonable to expect additional rate cuts between now and the end of the year. He also made a point of noting that the governing council will make their monetary policy decisions one at a time.

The Bank of Canada today reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is continuing its policy of balance sheet normalization.

06/09/2024

👉🏻 Welcome to 1459 Augustine Drive – This recently renovated home features almost 2000 sq ft of thoughtfully planned living space, a new kitchen with lots of natural light, two main floor bedrooms, two basement bedrooms, three bathrooms, two kitchens, and a fantastic backyard with a deck and patio surrounded by large trees that leaves you feeling enveloped in nature. Other highlights include hardwood floors, new stainless-steel appliances in main kitchen and laundry, a five-piece ensuite bathroom with a steam shower and heated floors, built-in entertainment centre cabinetry, two custom built-in closets, and a basement in-law suite with a separate entrance that also offers a functional extension of your living space. Nestled in Burlingtons Mountainside neighbourhood, this home is conveniently a stones throw from schools, parks, recreation centres, public transit, major highways, great shopping and much more. If you are looking for a recently renovated home with an amazing backyard, in a great neighbourhood, and surrounded by convenience, then this is the home for you! Don’t miss out!

🛏 2 + 2 Bedrooms
🚽 3 Bathrooms
🔪 2 Kitchens
🏠 In-law Suite with Separate Entrance
☀️ Lots of Natural Light
⛱ Amazing Backyard with Stone Patio
🚘 3 Parking Spaces
📍 Great Location
🚈 Short Walk to Parks and Schools
🔑 Asking $1,080,000
🤝 Flexible Possession
📑 Offers Anytime

📲 If interested, please DM or Text directly at 416-722-1939

📷 For more photos and information, visit bit.ly/3x79FhY

04/10/2024

As widely expected, the held its policy steady at 5% for the sixth consecutive time.

Bank of Canada Governor signalled that it is growing more confident that inflation is moving towards its target and that a June rate decrease is "within the realm of possibilities."

"While inflation is still too high and risks remain, CPI and core inflation have eased further in recent months. The Council will be looking for evidence that this downward momentum is sustained."

Next interest rate announcement is scheduled for June 5th.



https://tgam.ca/3JfcoII

03/06/2024

As anticipated, the held its benchmark rate steady at 5% this morning for the fifth consecutive time. Despite inflation having fallen considerably over the past 18 months and economic growth near flat, has given no indication of when they will consider lowering rates. The main concern for the BoC are the rising costs related to Shelter, which includes mortgage costs, rent and other related expenses. Whatever the BoC decides to do for future benchmark rate announcements, the Shelter related costs are likely to increase in one way or another. Despite banking analysts expectations of a late spring or early summer lowering of rates, the BoC reiterates that they will do what is necessary to manage stubborn Shelter related inflation. That being said, they don't want to maintain this line of restrictive monetary policy for longer than is required.

01/25/2024

👉 Earlier this morning, the Bank of Canada announced that its key rate will remain at 5%, making four consecutive decisions they have held the rate at current levels.

Tiff Macklem signalled that the Bank of Canada is transitioning from considering whether or not interest rates are high enough to how long should they remain high.

He also noted that inflation pressures are still a concern and that it is premature to begin discussions of when the BoC will lower rates. They are also leaving the door open to an increase should it be required.

If the economy "evolves broadly in line" with their current projections, the BoC does not expect an increase to to be on the table.

01/24/2024

Earlier this morning, the Bank of Canada announced that its key rate will remain at 5%, making four consecutive decisions they have held the rate at current levels.

Tiff Macklem signalled that the Bank of Canada is transitioning from considering whether or not interest rates are high enough to how long should they remain high.

He also noted that inflation pressures are still a concern and that it is premature to begin discussions of when the BoC will lower rates. They are also leaving the door open to an increase should it be required.

If the economy "evolves broadly in line" with their current projections, the BoC does not expect an increase to to be on the table.

The Bank of Canada has announced its trendsetting interest rate will remain steady at five per cent, a move widely expected by economists. The central bank says it expects to turn its attention to how long interest rates will stay high rather than whether more increases are needed.