Real Estate News from Popular Ontario Cities

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Real Estate News from Popular Ontario Counties

By Gloria Valvasori, MASTER-ASA, Your Streetsville Village Connection
(Better Homes and Gardens Real Estate Signature Service)
Comments 0
HAPPY CANADA DAY!!As we approach the anniversary of the birth of our great nation on July 1st, we give thanks that we live in such a great nation, one of the best on this earth... where we enjoy so much freedom and independence.Canada Day was formerly known as "Dominion Day" and marks the anniver...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
 Tenant’ Lawyer Conditions Sometimes, it’s necessary for the Tenant’s lawyer to approve the Agreement to Lease and/or the Lease itself.Here are two clauses to consider:1)    Business Terms This Offer is conditional upon the approval of the agreement between the parties by the Tenant’s Solicitor i...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Half -Way House Disclosure in OntarioQuestion:There is a half-way house located across the street and down by about 8 houses from the subject property. Does the Listing Agent have to disclose this?Answer:Yes and No. The Listing Agent has to determine, verify and disclose the material facts. But, ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Lawyer’s Approval: What Clause to Use?  You have already decided to include in an Offer “subject to lawyer’s approval”, but what particular clause do you want?Case law seems to suggest that in Ontario, a general clause would not only permit a lawyer to embark upon the review of the business terms...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Term Posted Rates Preferred Rates 1 year 3.14% 2.99% 2 years 2.99% 2.19% 3 years 2.84% 2.24% 5 Years 4.64% 2.44% 10 Years 6.10% 3.84% 5 year Variable 2.35% 2.35%
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 - 1.21%*Canada housing 12/15/21 [-0.11]       5 Year - 0.63%CAN 0.75 03/01/21 [-0.13]       0.92%                     [-]                        10 Year - 1.78%Canada housing 09/15/26 [-0.13]       10 Year...
By Gloria Valvasori, MASTER-ASA, Your Streetsville Village Connection
(Better Homes and Gardens Real Estate Signature Service)
Comments 1
 Are you considering purchasing a home with an in-ground pool?  Do you imagine hot, lazy afternoons, lounging by your pool with friends and family?  Become an informed buyer, do your research, and ensure your real estate agent includes the appropriate clauses to protect you from unforeseen expens...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Terms The Bank Preferred Rates 1 Year 2.84% 2.79% 2 Years 2.79% 2.34% 3 Years 3.39% 2.49% 4 Years 4.09% 2.59% 5 Years 4.79% 2.69% 7 Years 5.85% 3.39% 10 Years 6.09% 3.89% VIRM 2.70% 2.15% The prime rate is 2.70%
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% 2.19% Fixed 3 Year 3.39% 2.20% Fixed 4 Year 3.89% 2.44% Fixed 5 Year 4.64% 2.49% 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 ...
By Gloria Valvasori, MASTER-ASA, Your Streetsville Village Connection
(Better Homes and Gardens Real Estate Signature Service)
Comments 2
Gloria Valvasori Streetsville Real Estate reached a truly incredible milestone on June 19th, 2016 because of ALL of you, my loyal followers and fans who like my posts, comment on them, and engage with me. It is with the utmost and heartfelt gratitude I say THANK YOU.. to each and every one of you...
By Maya Garg, Real Estate Expert - MISSISSAUGA Square1, Churchil
(Royal Lepage Signature Realty,Mississauga, Ontario)
Comments 2
Brampton -Executive Condo Townhouse sold over asking14 Cailif Street, Brampton  Need the Realtor who goes beyond her duties, call Maya Garg.  She is selling homes in Mississauga, Brampton, Oakville and Milton including condos in Greater Toronto Area for more than asking price and her sellers are ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Fixed term best discounted Preferred rates & posted rates as of June 21, 2016 6 mos                                 3.10%         3.14%1yr                                     2.29%          2.89%2yr                                     2.24%          2.84%3yr                                     2....
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% 2.29% 4 YEARS 3.89% 2.44% 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 Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
Another Agent Using your Pictures!QuestionWhat do you guys do if a Realtor lists the property you sold the year prior and uses the pictures from your listing? AnswerIn many cases unfortunately agents don't secure the copyright. So, that makes it analogous to a car rental. You were the first perso...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Here is an interesting question and answer:Question:Could you provide clarification on the obligations of real estate agents to ascertain identity when selling property for clients that are corporations? More specifically, where it is stated that a real estate agent must identify the corporation’...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
"Caveat" explained  The latin term "caveat" is frequently used in law. It simply means "warning" or "caution".It is most frequently used in the expression "caveat emptor", which means "let the buyer beware. It is also used in the expression "caveat venditor", which means "let the seller beware".T...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
You might wonder what this is about. If the second mouse gets the cheese, what’s left for the third mouse? Actually, the money! So, here’s the basic theory.The restaurant is started by an adventurous entrepreneur with lots of ideas, lots of investors and lots of money. The new theme restaurant is...
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% 2.29% 4 YEARS 3.89% 2.49% 5 YEARS 4.64% 2.59% 7 YEARS 5.30% 3.44% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.30%
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Terms The Bank Preferred Rates 1 Year 2.84% 2.79% 2 Years 2.79% 2.34% 3 Years 3.39% 2.49% 4 Years 4.09% 2.59% 5 Years 4.79% 2.69% 7 Years 5.85% 3.39% 10 Years 6.09% 3.89% VIRM 2.70% 2.15% The prime rate is 2.70%
By Susan Emo, Kingston and the 1000 Islands Area
(Sotheby's International Realty Canada - Brokerage)
Comments 2
 Grilled Pork served with Coconut Chile Tomato Salad,  adapted from an original recipe by Tyler Florence!      Pork Tenderloin: 2 pork tenderloins, 1 1/2 to 2-pounds total Kosher salt and freshly ground black pepper 1/4 cup extra-virgin olive oil 1/2 lime, juiced Chile-Coconut Sauce: 2 tablespoon...

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