Real Estate News from Popular Ontario Cities

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Real Estate News from Popular Ontario Counties

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Counter Offer ~ OREA Form 107 When considering the number of standard forms in use in Ontario as prepared by the Ontario Real Estate association (OREA in 2011), it is easy to conclude that this particular form was rather hastily put together. Inherently, there are a number of fundamental concerns...
By Susan Emo, Kingston and the 1000 Islands Area
(Sotheby's International Realty Canada - Brokerage)
Comments 0
  Well appointed open concept living with southern exposure capturing seasonal views of the St. Lawrence River provides exquisite comfort for the discerning buyer.   This home captivates all of your senses from the moment you enter.  A fabulous floor plan with entertainment size living space inc...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 1.38%*Canada Housing 12/15/20 [-0.02]       5 Year - 0.81%CAN 3.50 03/01/20 [-0.02]       0.97% [-]                       10 Year - 2.27%*Canada Housing 12/15/25 [-0.04]       10 Year - 1.70%CAN 2.25 06/...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Terms The Bank Preferred Rates 1 Year 3.14% 2.79% 2 Years 3.14% 2.34% 3 Years 3.80% 2.49% 4 Years 4.54% 2.59% 5 Years 4.84% 2.69% 7 Years 5.30% 3.39% 10 Years 6.10% 3.89% VIRM 2.85% 2.20% The prime rate is 2.85%
By Wayne Liddy, Waterfront homes in Chatham-Kent
(ROYAL LEPAGE PEIFER REALTY INC. BROKERAGE)
Comments 1
Chatham-Kent is a Busy Place this Weekend: Something for Everyone.   I hope everyone enjoys or enjoyed, depending on when you read this, Canada Day Celebrations with your families. Hopefully you caught some of the firework display in Chatham-Kent. The fun is not over. This weekend has something ...
By Kathy Clulow, Trusted For Experience - Respected For Results
(RE/MAX All-Stars Realty Inc. Brokerage)
Comments 0
There are currently 125 active listings of Homes for sale in Uxbridge on The Toronto Real Estate Board (TREB) MLS®. Currently ..... Median Asking Price $749,900There were 125 homes listed for sale at the end of the week on the TREB MLS® System in Uxbridge with a price range from $184,900 to $7,75...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.89% 2.29% 2 YEARS 2.84% 2.19% 3 YEARS 3.39% 2.34% 4 YEARS 3.89% 2.54% 5 YEARS 4.64% 2.59% 7 YEARS 5.30% 3.39% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE Prime Rate 2.85% 5 yr variable 2.20%
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 3
Electronic Signatures for Real Estate Transactions in Ontario   These signatures will be permitted in Ontario effective 1 July 2015. Certain changes to the Electronic Commerce Act will permit this.   Here is the definition in the Act:   “electronic signature” means electronic information that a ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
The answer is “no”, but a lot of people don’t believe it.Let’s assume that Bob puts in an Offer to buy Bill’s property. The offer is accepted and contains some conditions, including financing and home inspection.The agreement is struck Tuesday and the conditions expire on Friday. However, Friday ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
The latin expression "ex officio" means "from the office" or "by reason of the office".It is one of the most common legal terms derived from latin. And, everyone seems to know exactly what it means. Yet, on second thought, they might not be quite so sure.Here's the issue. A prominent individual i...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
The latin expression "corpus juris" simply means "body of law". In fact, it's the entire body of laws in a country or a jurisdiction. Commonly, the expression is used in the United States, but used somewhat less frequently in other jurisdictions.Sometimes, it might be used in the reasons for Judg...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
The latin expression "ad litem" pronounced "ad light um" means "for this suit" or "for the purposes of this lawsuit". Generally, the expression is used in connection with the term "guardian", so that the term appears as "guardian ad litem". In a lawsuit, there are various parties, being plaintiff...
By Rosalind Nicholas, Toronto Real Estate Agent, Toronto ON
(RE/MAX Condos Plus Corporation, Brokerage)
Comments 2
East 55 Condos –a new condo developmentSales  started for ‘East 55 Condos’ in 2015.  This is a new condo development (east of Yonge Street) currently in the preconstruction stage at 53 Ontario Street in Toronto. This project is scheduled to be completed in 2018. This development is going to be 25...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
OREA Form 801 ~ Commentary   Bill 55 comes into force on 1 July 2015. For real estate agents, it will permit e-signatures and will require the Brokerage acting on behalf of the Seller to retain either:   1)    A copy of all Offers, or 2)    A copy of a prescribed document.   The choice with this...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Brian Madigan’s OFFER DOCUMENT SUMMARY   I have been requested to suggest a Form of document which would be sufficient for a Brokerage to hold instead of a copy of the actual Offer.       OFFER SUMMARY DOCUMENT     1. The name and signature of the person who made the offer to purchase the real e...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 1.57%*Canada Housing 12/15/20 [+0.04]       5 Year - 1.01%CAN 3.50 03/01/20 [+0.04]       0.97% [-]                       10 Year - 2.41%*Canada Housing 12/15/25 [+0.06]       10 Year - 1.85%CAN 2.25 06/...
By Dianna Mandzuk, Dianna Mandzuk
(RE/Max Jazz Inc., Brokerage)
Comments 1
Please visit www.dmandzuk.ca for additional info, photos, video & map!Calling all Investors and renovators! Bungalow in great location situated on a deep, private 45' x 176' (approx) lot with westerly exposure and large deck for entertaining! Double wide paved driveway and clean, dry, unspoiled b...
By Dianna Mandzuk, Dianna Mandzuk
(RE/Max Jazz Inc., Brokerage)
Comments 0
Please visit www.dmandzuk.ca for additional info, photos, video & map!Welcome to 10869 Regional Rd 9, Roseneath just 25 minutes to Cobourg, 50 minutes to Peterborough, and 55 minutes to Oshawa! Custom-built 4 bedroom home with 2 car detached heated garage situated on 12.15 treed acres with energy...
By Dianna Mandzuk, Dianna Mandzuk
(RE/Max Jazz Inc., Brokerage)
Comments 2
OPEN HOUSESunday, June 28th, 2-4pm27 Hialeah Cres., WhitbyPlease visit www.dmandzuk.ca for additional info, photos, video & map!Gorgeous 4 bedroom home in high demand area of Whitby! Updates throughout including new rich hardwood flooring in the formal living and dining rooms and freshly painted ...
By Dianna Mandzuk, Dianna Mandzuk
(RE/Max Jazz Inc., Brokerage)
Comments 1
Please visit www.dmandzuk.ca for additional info, photos, video & map!Unique 10 acre property 'deeded road access' to the subject lands behind the neighbouring property. There is a small 2 room cabin warmed by a woodstove. No plumbing, no hydro. Picturesque property with rolling treed terrain in ...

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