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 0
Commercial bond yields   CMB         GoC         Floating rateinsured cost of funds 5 Year - 1.08%*Canada housing 12/15/21 [-0.06]       5 Year - 0.65%CAN 0.75 09/01/21 [-0.05]       0.95%                   [-]                                              10 Year - 1.61%Canada housing 09/15/26 [...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Do Any Rights Arise from Long Term Use?Question:The Owner of a property has been sharing the neighbour’s well since the 1970’s. The property is now to be sold.There is no “agreement” in writing. The neighbour doesn’t want to sign anything and the owner is unsure of his rights. All of this makes t...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Fixed term best discounted rates & posted rates as of September 21, 20166 mos                                 3.10%         3.14%1yr                                     2.29%          2.89%2yr                                     2.14%          2.84%3yr                                     2.24%   ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Toronto and GTA Market Shows Consistent Price Increases in September 2016TREB has just released its mid-month report: SEPTEMBER 2016 TREB MID-MONTH STATISTICSSeptember 16, 2016 – Greater Toronto Area REALTORS® reported 3,847 home sales through TREB’s MLS® System during the first 14 days of Septem...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
    TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 2.89% 2.29% Fixed 2 Year 2.84% 2.14% Fixed 3 Year 3.39% 2.20% Fixed 4 Year 3.89% 2.44% Fixed 5 Year 4.64% 2.39% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.84% Variable Rate 2.20% Prime Rate 2.70% Benchmark Rate 4.64% Cost p...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
What Do You Mean By “Business Days”?Now that everyone is working “24/7”, the term “business days” seems to have lost its meaning.The strong preference today would be to eliminate that expression because it is so very unclear.The Courts have generally not had occasion to examine the concept, unles...
By Nancy Benson, Award Winning Agent | Buy |Unique Homes| Sell
(RE/MAX Hallmark Realty Group, Brokerage)
Comments 1
Ever wanted to pick up a few interior design tips from an HGTV star? You’ll be able to do just that at the 2016 Ottawa Fall Home Show, where speakers will include Toronto designer Sarah Richardson, host of several popular programs on the television network.Painter and colour consultant Andrew Dow...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Terms Posted Rates Preferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.99% 2.29% 2 YEARS 2.84% 2.14% 3 YEARS 3.39% 2.24% 4 YEARS 3.89% 2.39% 5 YEARS 4.64% 2.49% 7 YEARS 5.30% 2.99% 10 YEARS 6.10% 3.59% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.30%
By Sana Solanki, Homes!
(Kingsway Real Estate)
Comments 1
SweetLife Condos in Scarborough, Toronto See floor plansLocated in Toronto’s West Hill, SweetLife Condos is mere minutes from the University of Toronto’s Scarborough campus. It’s perfectly suited for students, families, and empty-nesters, and raises the bar on affordable, modern living SweetLife ...
By Sana Solanki, Homes!
(Kingsway Real Estate)
Comments 0
Get Your Home Ready to Sell - Free In-house Consultation.In today's competitive market such as the GTA, first impressions are everything, and getting your home ready for the market can be  very stressful and my job is to help demystify the process and provide you with free valuable information.In...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
Amendments to Residential Tenancies Act (Bill 132)The Amendments to Residential Tenancies Act under Bill 132 came into force on 8 September 2016.Bill 132 is “socially directed” legislation generally intended to assist women and children in abusive relationships. Several Acts are amended including...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Question:Is a Deposit a Requirement for a Valid Contract? Answer:A valid contract in Ontario requires either 1) consideration, or 2) a seal. All standard form OREA contracts are drafted “under seal” so they would be enforceable without consideration. It is the seal that makes an irrevocable offer...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
Landlords are Vulnerable under New LegislationThe Residential Tenancies Act was amended 8 September 2016 to provide a new set of rights to Tenants.The purpose was intended to provide relief to those who might be victims of domestic violence or abuse. That, of course, is well-intentioned. The diff...
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 - 1.16%*Canada housing 12/15/21 [-0.02]       5 Year - 0.72%CAN 0.75 09/01/21 [-0.01]       0.95%                       [-]                                              10 Year - 1.75%Canada housing 09/15/...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Agent Who Steals Gets Licence Restored by LATThe agent in this case stole batteries and $200 to $300 in cash. He was caught on video.The Real Estate Council of Ontario (RECO) revoked his licence to practice. On appeal to the Licence Appeal Tribunal (LAT) his licence was restored subject to certai...
By Michelle Finnamore, Preparing your property for sale
(in Vaughan and Toronto GTA)
Comments 2
Staging in Vaughan and Toronto GTA we are asked to consult on homes that for the most part are beautifully decorated, have up to date furniture and great floor plans. When we arrive we provide the sellers with the last 10% to make their property stand out from the crowd.Buyers want move in ready ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Selling in Ontario using a Power of Attorney Question:I expect to be the Listing Agent. A son and his parents are the registered owners of residential property in Ontario. The parents are currently in Europe.Is it be sufficient if parents give to their son a hand-written Power of Attorney to list...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Terms The Bank Preferred Rates 1 Year 2.84% 2.29% 2 Years 2.79% 2.24% 3 Years 3.39% 2.49% 4 Years 4.09% 2.39% 5 Years 4.79% 2.49% 7 Years 5.85% 3.39% 10 Years 6.09% 3.69% VIRM 2.70% 2.20% The prime rate is 2.70%
By Sana Solanki, Homes!
(Kingsway Real Estate)
Comments 0
RECO consumer campaign.It will help Buyers and Sellers in Ontario, what they need to know when it comes to buying or selling their homes.Here is the schedule, more schedule will be announced. Baby Expo – London – October 1-2, 2016 Zoomer Show – GTA – October 29-30, 2016 BabyTime Show – GTA – Nove...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 2.89% 2.29% Fixed 2 Year 2.84% 2.14% Fixed 3 Year 3.39% 2.20% Fixed 4 Year 3.89% 2.44% Fixed 5 Year 4.64% 2.39% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.84% Variable Rate 2.20% Prime Rate 2.70% Benchmark Rate 4.64% Cost per ...

Ontario Real Estate Agents and Real Estate Professionals