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
In Ontario, there is a good deal of the confusion about this disclosure issue.We have:1)   1)  interest in the property disclosure and 2)    2) the family disclosure. There are two separate and distinct disclosure requirements, one under the Act and the other, under the Code. Section 32 of the Ac...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.19% Fixed 4 Year 3.89% 3.54% Fixed 5 Year 5.14% 3.29% Fixed 7 Year 5.30% 3.49% Fixed 10 Year 6.10% 3.94% Variable 2.65% Prime 3.70% Benchmark 5.34%

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Unregistered Easement Confirmed to be in ExistenceThe Ontario Court of Appeal just confirmed the existence of an unregistered easement in Hunsinger v. Carter on 20 July 2018.The two properties were side by side and Hunsinger used land out by the boundary to access the rear of his property. This a...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
HIGH RATIO fixed term best discounted rates & posted rates as of July 30, 2018 Terms                           Posted Rates                 Our Rates 6 mos                          3.14%                          3.10%1 year                          3.04%                          2.99%2 year      ...

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 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.09% Fixed 4 Year 3.89% 3.44% Fixed 5 Year 5.14% 3.24% Fixed 7 Year 5.30% 3.34% Fixed 10 Year 6.10% 3.79% Variable Rate 2.65% Prime Rate 3.70% Benchmark Rate 5.34% Cost per ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.09% Fixed 4 Year 3.89% 3.44% Fixed 5 Year 5.14% 3.24% Fixed 7 Year 5.30% 3.34% Fixed 10 Year 6.10% 3.79% Variable 2.65% Prime 3.70% Benchmark 5.34%

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Contract “End” in OntarioQuestion:The buyer wants to avoid a contract because of title issues found in the title search. What happens under the Agreement?Answer:The reference to "avoid" is simply casual language, it's not a term of art in relation to the transaction.In the situation posed, with t...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 1
Conclusion to an Agreement (Ontario)Question:If the buyer wants to terminate/void/avoid an agreement, what are the differences, if any, among these 3 words?Answer:If you are looking to bring a conclusion to an existing contract, there are indeed several words that are commonly used like: Cancella...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 2
No Cheques: No Keys for Residential Leases (Ontario)Question:My client takes possession of her rental unit today and meets with the listing agent for keys. She has proof of tenant's insurance and utilities in her name - but has forgotten the post-dated cheques in the moving truck. The truck isn't...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Commercial Bond Yields CMB 5 Year - 2.56%* CANHOU 12/15/23 [-0.01]   ‌ 10 Year - 2.73% CANHOU 12/15/28 [-0.01] * denotes interpolated rate GoC 5 Year - 2.20%* CAN 1.75 03/01/23 [-0.01]   ‌ 10 Year - 2.29% CAN 2.0 06/01/28 [-] GOC Bonds are for reference purposes only

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
HIGH RATIO fixed term best discounted rates & posted rates as of July 26, 2018 Terms                           Posted Rates                 Preferred Rates 6 mos                          3.14%                          3.10%1 year                          3.04%                          2.99%2 year...

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 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.09% Fixed 4 Year 3.89% 3.44% Fixed 5 Year 5.14% 3.24% Fixed 7 Year 5.30% 3.34% Fixed 10 Year 6.10% 3.79% Variable Rate 2.65% Prime Rate 3.70% Benchmark Rate 5.34% Cost per ...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
What about “0%” in a BRA? (Ontario)Question:The Buyer Representation Agreement is signed The agent put zero percent and nothing else ie. as per mls listing agreement under clause 2 where it states that the “Brokerage is entitled to be paid a commission of....” As far as I’m concerned the Brokerag...

By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.09% Fixed 4 Year 3.89% 3.44% Fixed 5 Year 5.14% 3.24% Fixed 7 Year 5.30% 3.34% Fixed 10 Year 6.10% 3.79% Variable 2.65% Prime 3.70% Benchmark 5.34%

By Victoria Carter, TwoMoveYou
(TwoMoveYou)
Comments 0
Do you know of a BUYER for our featured MUST SELL properties in Durham Region?Please look at this great list of properties and think about someone who may be looking... is it you?1.  13 Quaintance Ave is a fantastic 4 bedroom Tribute home close to the lake in Ajax.  It's in a family safe neighbou...

By Gloria Valvasori, Accredited Senior Agent, REAL Experience | REAL Commitment | REAL Results!
(BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE)
Comments 2
Great opportunity to own this bright and spacious 2 bedroom, 2 bath apartment with 2 parking spots, one en-suite storage room and additional Locker on the main level of the building. Large master Bedroom with En-suite bath and walk-in closet !! Freshly painted throughout in warm neutral and invit...

By Gloria Valvasori, Accredited Senior Agent, REAL Experience | REAL Commitment | REAL Results!
(BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE)
Comments 0
WOW factor!! Opportunity awaits in the trendy Village in the City, Streetsville, the most sought after area in Mississauga.  Situated at the end of a cul-de-sac on a large pie shaped lot (30 x 120 and 90 x 118). Located  in the highly ranked Vista Heights School area, close to GO, shops, restaura...

By Gloria Valvasori, Accredited Senior Agent, REAL Experience | REAL Commitment | REAL Results!
(BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE)
Comments 5
MISSISSAUGA REAL ESTATE UPDATE June, 20108   Real Estate Statistics for June, 2018 compared to June, 2017  Number of sales decreased by 0.45% from 837 to 833Average Sales Price increased by 3.75% from $699,935 to $726,211Average Days On Market  increased by 33.33% from 15 days to 20 daysAverage S...

By Victoria Carter, TwoMoveYou
(TwoMoveYou)
Comments 0
Are you looking for LUXURY Real Estate in Durham Region?Are you looking to Sell luxury Real Estate in Durham Region?Well, you have come to the right place!  Meet, TwoMoveYou (Two Realtors MOVE You!) Kirk Rickman and Victoria Carter are award winning pre-eminent realtors in the luxury and executiv...

By Victoria Carter, TwoMoveYou
(TwoMoveYou)
Comments 0
Are you looking for an investment property in Durham Region?Kirk Rickman and Victoria Carter and two experienced Realtors outside of the GTA who specialize in helping people locate, purchase and tenant investment properties.  Whether your investment is a condo, commercial property, duplex, apartm...

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