Real Estate News from Popular Ontario Cities

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Real Estate News from Popular Ontario Counties

By Brian Wiseman LL.B. CIPS, The WiseMan of Real Estate
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House Prices in Whitby, Ontario, for March 2015 - Detached HomesReal estate market data for Whitby, Ontario, for March 2015, provided by Brian Wiseman LL.B., CIPS of Keller Williams Energy Real Estate Brokerage  Whitby House Prices – Detached Homes(See explanation of 5 different house types) Some...
By Wayne Liddy, Waterfront homes in Chatham-Kent
(ROYAL LEPAGE PEIFER REALTY INC. BROKERAGE)
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FESTIVAL OF FLIGHTRONDEAU POVINCIAL PARK MONTH OF MAYIt makes no difference if you are a novice or a seasoned BIRD WATCHER, you have a treat in store for you in May atRondeau Provincial Park in CHATHAM-KENT just outside of Chatham. The annual spring migration "Festival Of Flight" attracts thousan...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
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Fixed term best discounted Invis rates & posted rates as of May 5, 2015 6 mos                                 3.10%         3.14%1yr                                     2.29%          2.89%2yr                                     2.19%          2.84%3yr                                     2.34%   ...
By Sara Kareer, Boutique Real Estate Services to Buyers & Sellers
(Kingsway Real Estate Brokerage)
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Estates of Credit Ridge Home Sales, Prices for April 2015            The following is a quick summary of the Estates of Credit Ridge sales activity reported for APRIL 2015: Total Sales: 10Townhomes:  0Semi-Detached:  0Detached:  10 Average Sold Price: $828,300Lowest Sold Price: $670,000Highest So...
By Sara Kareer, Boutique Real Estate Services to Buyers & Sellers
(Kingsway Real Estate Brokerage)
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Toronto Real Estate Board (TREB) Market Watch Report APRIL 2015 Record Sales in April 2015Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported 11,303 sales in April 2015. This was the highest sales result on record for the month of April and ...
By Diane Plant, Broker, Toronto Home Search: Forest Hill Real Esta
(Forest Hill Real Estate Inc, Brokerage)
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TORONTO, May 5, 2015 – The Average Selling Price in Toronto is now $635,932.00 up 10% of April 2014The overall average selling price, which accounts for all homes reported sold by GTA REALTORS® in April 2015, was up by 10 % year-over-year to $635,932. The MLS® Home Price Index (HPI) Composite Ben...
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 2.89% 2.29% 2 YEARS 2.84% 2.19% 3 YEARS 3.39% 2.34% 4 YEARS 3.89% 2.54% 5 YEARS 4.64% 2.64% 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 Rosalind Nicholas, Toronto Real Estate Agent, Toronto ON
(RE/MAX Condos Plus Corporation, Brokerage)
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Questions about Short-Term Rentals ....... The 2015 Pan Am Games in Toronto are just 2 months away. Associated with it are questions about short-term rentals. Should landlords allow their tenants to rent out their properties to short-term visitors? The event begins on 10th July 2015 and is expect...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
   Ultimately, it can be difficult to determine which ones require review and which ones don’t. For the larger commercial transactions, with $100,000.00 per year in annual rents, the Landlord will usually provide a copy of the Lease ahead of time. I think, the agent should review it and then reco...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
  Question: On an Agreement to Lease, when it is a Net Lease + TMI - does the amount of the TMI get included in the Agreement to Lease or only on the Lease (what about escalation, only on Lease?) Also, the book suggests to include the Lease as a schedule on the Agreement to Lease - does each page...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Dear TaxPayer,Canada Revenue Agency has sent you an INTERAC e-Transfer (previously INTERAC Email Money Transfer).Amount: $ 525.00 (CAD)Expiry Date: 26 April 2015 Action Required: To deposit your money, click here:  link removed to prevent fraudCanada Revenue Agency200 Bay Street, Suite 2400P.O. B...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
  Flying Marble and Old Insurance Policies   A few years ago, it was raining marble at the single best location for real estate in Canada, the intersection of King and Bay Streets in Toronto.   Canada's tallest and certainly one of its most prestigious office buildings is First Canadian Place. I...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
 Want to Change the Use? Let’s assume that you want to change the use of the property. What does the agreement say about that? The standard form agreement of purchase and sale says: “9. FUTURE USE: Seller and Buyer agree that there is no representation or warranty of any kind that the future inte...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
Something should be documented concerning the fact the one Brokerage might act for several Buyers in one bidding war. The Confirmation of Co-operation and Representation won't work. Let’s have a look at the law: Multiple representation 22. A registrant shall not represent more than one client in ...
By Brian Madigan, LL.B., Broker
(RE/MAX West Realty Inc., Brokerage (Toronto))
Comments 0
 Documentation for Multiple Buyers With bidding wars increasingly more common and even spreading out of the GTA, it will be important to ensure that going forward you have the correct documentation. Bob lists his property with XYZ Real Estate. Offers are held back until next Tuesday at 8:00 pm. T...
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 2.94% 2.19% 3 YEARS 3.44% 2.34% 4 YEARS 3.94% 2.54% 5 YEARS 4.79% 2.64% 7 YEARS 6.04% 3.39% 10 YEARS 6.50% 3.84% Rates are subject to change without notice. OAC E&OE   Prime Rate 2.85% 5 yr variable 2.20%   Call m...
By Don McAskin, "Everybody is Askin...for McAskin"
(REALTY EXECUTIVES Of Simcoe Inc.)
Comments 2
Search current inventory of Commercial Properties for Sale in Barrie, OntarioCommercial Space for Sale, Downtown Barrie, Ontario28-38 Dunlop St West and 41 Maple Avenue Barrie, Ontario Price: $3,750,000MLS number: 1500683Number of Buildings: 5Number of Units: 15Square Footage: 16,512Call Don McAs...
By Susan Emo, Kingston and the 1000 Islands Area
(Sotheby's International Realty Canada - Brokerage)
Comments 2
Close enough to bike or jog to CFB Kingston, schools, shops, sporting activities - the perfect location. This is a generous sized home which is far more spacious than it appears from the outside.On the main level is a light and bright living room with gorgeous hardwood leading to the spacious eat...
By Susan Emo, Kingston and the 1000 Islands Area
(Sotheby's International Realty Canada - Brokerage)
Comments 3
SOLD SOLD SOLD SOLD SOLD SOLD SOLD Who wants to be next? 400+ Ft of Lake Ontario Waterfront with 5 acres Romance Is In The Air - Sun Kisses The Water - Water Kisses The Shore. 400+ FEET of LAKE ONTARIO SHORE With 5 Acres of Mellow Meadow And The Only High Rises Here Are The Trees. 15 Minutes Fro...
By Wayne Liddy, Waterfront homes in Chatham-Kent
(ROYAL LEPAGE PEIFER REALTY INC. BROKERAGE)
Comments 0
Maple Syrup Operation in Chatham-Kent Wins Industry Of The Month AwardCanada is well known for its production of Maple Syrup and its by-products. Producing maple syrup is a long standing Canadian Tradition. What you may not be aware of is that Chatham-Kent according to Don and Jean Giffin, owners...

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