... Read More
25 Almond Street
4 BEDROOMS, OVER 3000SF DETACHED HOUSE
25 ALMOND STREET BRAMPTON, ONTARIO
Amazing Corner, Bright Home- 4 Bedrooms, Including 3 Ensuites Washrooms, Great Master Bedroom, Computer Space(Office), Library, Family Rm With Gas Fireplace, Double Garage, Opposite To A Community Park, – Hardwood Floors Throughout Main- ..... Read More
Why Should You Invest In Vaughan Real Estate?
Why Should You Invest In Vaughan Real Estate?... Read More
PIONEER GAS STATION
GAS STATION in High traffic location of Richmond Hill with drive-thru TIM HORTONS, high volume, GREAT OPPORTUNITY... Read More
254-266 King Street East, 427-435 Adelaide Street East and 157 Princess Street –
1- Type: DEVELOPMENT LAND WITH EXISTING BUILDING 3- Zoning: RA 4-Project Name: 254-266 King Street East, 427-435 Adelaide Street East, and 157 Princess Street – 5- Land Size: 1.219959 ACRS 6- Status: In Progress 7- Category: MIXED RES/COM 8-Asking Price: $150000000 9-Progress: APPLICATIONS SUBMITTED 10-DIM: 45 FIRM OFFER, 10 DAYS D.D. Closing end of March...... Read More
Top Places In Ontario To Invest In Real Estate
LAND1 DIRECT WWW.LAND1.CA By: Sonia Bell and Wayne Karl In the inaugural issue of Canadian Property Investor, we identified the Top 50 Places to Invest in Canada. Now it’s time to dig a little deeper — to present, by province, which areas represent sound investment opportunities. Milton, Ont. (Photo: Skyf via Getty Images) First up,...... Read More
... Read More
CIBC’s exposure to real estate correction is highest among Canada’s banks
CIBC’s exposure to real estate correction is highest among Canada’s banks Analysts say CIBC’s portfolio of uninsured mortgage and home equity loans is 5.4 times its regulatory capital, which higher than last year and highest among the major banks. In the fourth-quarter of 2015, CIBC reported $930-million in net income, raising its quarterly dividend. (NATHAN DENETTE...... Read More
2 big banks raise alarm over Toronto housing ‘bubble’
ANALYSIS 2 big banks raise alarm over Toronto housing ‘bubble’ Housing price surge of 23% in a year can’t continue, BMO and TD warn By Pete Evans, CBC News Posted: Mar 17, 2017 5:00 AM ET Last Updated: Mar 17, 2017 12:22 PM ET Toronto housing prices have broken with fundamentals and are in bubble territory,...... Read More
Home Seller’s Remedies When Buyers Breach Real Estate Sales Contracts
Home Seller’s Remedies When Buyers Breach Real Estate Sales Contracts By Ilona Bray, J.D., University of Washington Law School Some home sales fall apart through the fault of no one involved–but if the buyer has actually breached the purchase agreement, the seller may have legal remedies. Just because a home or piece of property is...... Read More
Foreign buyers behind of Toronto home purchases in 2016??
Foreign buyers behind only 5 per cent of Toronto home purchases in 2016 The Toronto Real Estate Board is warning against a Vancouver-style tax on offshore home purchasers. More than half of those foreign buyers were purchasing homes for themselves or to house family members, according to a November Ipsos survey of TREB agents. Don’t...... Read More
Toronto housing sales up 12 per cent year-over-year in January: TREB report
Toronto housing sales up 12 per cent year-over-year in January: TREB report Prices continue to rise despite sharp drop in new listings. Average selling price now more than $770,000. By David Hodges, The Canadian Press Posted: Feb 03, 2017 8:08 AM ET Last Updated: Feb 03, 2017 9:40 AM ET Houses are still selling quickly in...... Read More
Real estate agent vs mortgage broker
Real estate agent vs mortgage broker by CRE28 A common question we constantly get asked is, what’s the difference between a real estate agent and a mortgage broker and what do they do? For new investors or first time property buyers who are new to the game, this is a very valid question to ask....... Read More
Soaring GTA house prices affecting neighbouring areas
By Sam Reiss | on January 24, 2017 | The Canada Mortgage and Housing Corporation (CMHC) says in its latest Housing Market Insight (HMI) report that they detect “moderate or elevated evidence of overvaluation” in Hamilton and communities (barely) within commuting distance of the GTA. They suggest price appreciation in those areas is driven by...... Read More
Real estate trends 2017: Will Toronto prices catch up to Vancouver’s?
Real estate trends 2017: Will Toronto prices catch up to Vancouver’s? By Tania Kohut National Online Journalist, Breaking News Global News <img class=”story-img” src=”https://shawglobalnews.files.wordpress.com/2016/11/cpt117372275_high3.jpg?quality=70&strip=all&w=282&h=188&crop=1″ alt=”It'll be a year of ups and downs for real estate in Canada, Royal LePage predicts.” />; . A new real estate forecast for Canada predicts ups and downs ahead in...... Read More
GTA real estate forecast sees prices rise in 2017
GTA real estate forecast sees prices rise in 2017 Breaking News – Headlines & Top Stories | The Star thestar.com is Canada’s largest online news site. Live news, investigations, politics, sports and the heartbeat of Toronto, Canada’s largest city. Move-up buyers searching for detached houses are expected to continue driving the market in 2017, says...... Read More
2017 Toronto Real Estate Market Forecast
January 10, 2017 Source: Toronto Real Estate Board Q3 Many forecasters or pundits get bogged down in irrelevant statistics. Past experience has shown that the view from ‘the street’ has been more accurate than the ‘view from the executive floor’. In real estate, lower sales do not automatically translate into lower prices. And the average...... Read More
Home sales rebounded in December following large drop in November: CREA
by The Canadian Press16 Jan 2017 CMHC announced early Tuesday it is increasing its loan insurance premiums effective March 17 On a year-over-year basis, CREA says home sales were down five per cent last month compared to December 2015. Annually, the number of homes that changed hands was up 6.3 per cent last year...... Read More
Toronto Housing Crash in 2017?
Buy or Sell? What Factors Support a Toronto Housing Crash in 2017? November 24, 2016 ♦ Gord Collins ♦ real estate ♦ No Comments on Buy or Sell? What Factors Support a Toronto Housing Crash in 2017? Canada’s real estate market expected to cool further in 2017 Some experts are calling for a housing crash...... Read More
Resale Housing Forecast,increases in mortgage interest rates in the New Year
CREA Updates Resale Housing Forecast Ottawa, ON, December 15, 2016 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2016 and 2017. Canadian housing market trends have evolved largely as expected since CREA last...... Read More
Home buying activity remained strong across all market segments in November
MARKET WATCH Tight Market Conditions in November December 2, 2016 — Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 8,547 home sales through TREB’s MLS® System in November 2016. This result represented a 16.5 per cent increase compared to November 2015. For the TREB market area as a whole,...... Read More
CONCERNS OVER PROPOSED CHANGES TO TORONTO LTT
TREB RAISING CONCERNS OVER PROPOSED CHANGES TO TORONTO LTT THAT WILL INCREASE COSTS FOR ALL TORONTO HOME BUYERS TORONTO, November 25, 2016 — The Toronto Real Estate Board is raising concerns over proposed Toronto Land Transfer Tax changes. These proposed changes will increase costs for all Toronto home buyers, but impact first-time buyers the...... Read More
Four major changes to Canada’s housing rules
Four major changes to Canada’s housing rules Attention First Time Buyers or the Buyers that already purchased from a builder and need a mortgage to close the deal. If the following new rules affecting and damaging your ability to be a homeowner, then send a letter to Justin Trudeau: Justin Trudeau – Leader of the...... Read More
GTA REALTORS® RELEASE MONTHLY RESALE HOUSING MARKET FIGURES
TORONTO, August 4, 2016 — Toronto Real Estate Board President Larry Cerqua announced that TREB REALTOR® Members reported 9,989 home sales through TREB’s MLS® System in July 2016. At just shy of 10,000 transactions, this was the best result on record for the month of July. While sales were up on a year-over-year basis, the...... Read More
Traffic slows down and home prices going up
Changes to the Growth Plan mean fewer home choices and higher prices for Ontarians By Sam Reiss | on May 17, 2016 | The Proposed Growth Plan for the Greater Golden Horseshoe, 2016, alongside the Greenbelt Plan, Oak Ridges Moraine Conservation Plan and Niagara Escarpment Plan, is designed to manage growth and the protection of...... Read More
Toronto, Vancouver Housing Markets Have ‘Topped Out’: Real Estate Association
Toronto, Vancouver Housing Markets Have ‘Topped Out’: Real Estate Association The Huffington Post Canada | By Daniel Tencer Posted: 05/16/2016 1:17 pm EDT Updated: 05/16/2016 2:00 pm EDT The wild ride in the Toronto and Vancouver housing markets may be over. Either that, or it’s taking a breather right in the middle of the...... Read More
Record Home Sales in April 2016
Market Watch Record Home Sales in April May 4, 2016 — Toronto Real Estate Board President Mark McLean announced that there were 12,085 sales reported through TREB’s MLS® System in April 2016. This result, which represented a record for the month of April, was up by 7.4 per cent in comparison to April 2015. For...... Read More
How should Canada regulate foreign ownership in the housing market
CBC FORUM How should Canada regulate foreign ownership in the housing market? Canada doesn’t have a good official estimate of how much foreign money is invested in housing CBC News Posted: Mar 07, 2016 4:35 PM ET Last Updated: Mar 07, 2016 9:34 PM ET Chinese investors’ global hunt for prime real estate has helped...... Read More
GTA real estate sales hit record high in February
The Toronto Real Estate Board says there were 7,621 sales in February, up from 6,294, an increase of 21.1 per cent. DARREN CALABRESE / CP The Toronto Real Estate Board says that 2015 was a record sales year for its members, with 101,299 sales through TREB realtors through the year. By: Sarah-Joyce Battersby Staff Reporter,...... Read More
ESSO GAS STATION BUSINESS FOR SALE WITHBY
ESSO GAS STATION BUSINESS FOR SALE 932 Brock St N Whitby, Ontario RON NAMEN 647-236-9797 ESSO Gas station Business located in populated area , close to 401 and Dundas Street, recently renovated, selling the business , leases 10+5+5, very profitable,, returns around24% annually, including Gas, Diesel, Convenience store, Drive True Mr. Sub, Country Style, Yogen...... Read More
Housing start data revealed
by Justin da Rosa08 Feb 2016 Canada Mortgage Housing Agency’s measure of housing starts in Canada was 199,169 units in January compared to 203,304 in December. “Housing starts trended down across the country with the exception of Ontario,” said Bob Dugan, CMHC Chief Economist. “The overall decline is mostly attributable to a slowdown in the...... Read More
LAND1 DIRECT ALL POTS LINKS
Location Priority Change Frequency Last Modified https://www.land1.ca/strong-start-to-2016-canadian-real-estate/ 1.0 daily 2016-02-05 02:06 https://www.land1.ca/gta-commercial-report/ 1.0 daily 2016-02-05 01:55 https://www.land1.ca/canada-markets-are-facing-a-turbulent-2016/ 1.0 daily 2016-02-03 19:33 https://www.land1.ca/government-programs-and-regulations-for-property-owners/ 1.0 daily 2016-02-02 23:38 https://www.land1.ca/first-time-home-buyers-tax-credit/ 1.0 daily 2016-02-02 22:56 https://www.land1.ca/how-to-sell-lots-and-lands/ 1.0 daily 2016-02-01 23:26 https://www.land1.ca/buying-selling-process/ 1.0 daily 2016-02-01 23:08 https://www.land1.ca/government-programs-for-home-buyers-and-property-owners/ 1.0 daily 2016-02-01 23:06 https://www.land1.ca/the-multiple-listing-service-and-your-realtor/ 1.0 daily 2016-02-01 23:02 https://www.land1.ca/additional-costs-when-buying-a-home/ 1.0 daily 2016-02-01...... Read More
Strong Start to 2016 CANADIAN REAL ESTATE
MARKET WATCH Strong Start to 2016 February 3, 2016 — Toronto Real Estate Board President Mark McLean announced Greater Toronto Area REALTORS® reported 4,672 residential transactions through TREB’s MLS® System in January 2016. This result represented an 8.2 per cent increase compared to January 2015. “It is clear that the handoff from 2015 to...... Read More
GTA COMMERCIAL REPORT
GTA REALTORS® REPORT COMMERCIAL MARKET FIGURES TORONTO, February 3, 2016 — Toronto Real Estate Board President Mark McLean announced that TREB Commercial Network Members reported a combined 240,606 square feet of industrial, commercial/retail and office space leased through TREB’s MLS® System in January 2016, for properties where pricing was disclosed on a per square foot...... Read More
Canada markets are facing a turbulent 2016
by Ephraim Vecina29 Jan 2016 Most Read The markets investors may want to avoidNot every market is as hot as Vancouver and Toronto and these once-hot metropolises may soon appear on every investor’s “do not buy” list Death of a dream: Abandoned N.S. resort razed after sitting empty for decadesIt was meant to be...... Read More
Government Programs and Regulations for Property Owners
GOVERNMENT PROGRAMS FOR HOME BUYERS AND PROPERTY OWNERS A home is usually the single largest investment that most people make in their lives. Achieving your dream can be made easier by taking advantage of various Government Programs for home buyers and property owners. Some of the programs are targeted to first-time buyers, while others apply...... Read More
First-Time Home Buyers’ Tax Credit 2022 UPDATED
Government Programs and Regulations First-Time Home Buyers’ Tax Credit For the 2022 and subsequent taxation years, the Budget proposes to increase the amount used to calculate the HBTC to $10,000, which would provide a tax credit of up to $1,500 to eligible home buyers. 1. What are the current rules? First-time home buyers may be...... Read More
WHAT IS THE BUYER REPRESENTATION AGREEMENT
THE BUYER REPRESENTATION AGREEMENT Guaranteeing You the Very Best in Real Estate Service When it comes to just about every kind of contract, signing on the dotted line makes us all a little bit nervous. When selling a home, most people are aware they sign a Listing Agreement with a REALTOR®. There is, however, an...... Read More
ADDITIONAL COSTS WHEN BUYING A HOME
ADDITIONAL COSTS WHEN BUYING A HOME The purchase price of your home is only one of the costs you’ll encounter. Here are other possible costs you need to consider: Mortgage loan insurance: If you are putting less than 20 per cent of the house value down, you’re going to need mortgage loan insurance. Depending on...... Read More
THE MULTIPLE LISTING SERVICE® AND YOUR REALTOR®
THE MULTIPLE LISTING SERVICE® AND YOUR REALTOR® Like other professionals, a REALTOR® is as good as the information at his or her disposal. The Multiple Listing Service® is a co-operative system used by REALTOR® Members of Canada’s real estate boards. It is different than the consumer website www.REALTOR.ca, which offers a brief description of most...... Read More
BUYING & SELLING PROCESS
BUYING & SELLING Condominium Assignment Basic Guidelines [pdf] Buying or selling a property is a major transaction that involve planning and preparation. These articles offer useful information on the process. THE MULTIPLE LISTING SERVICE® AND YOUR REALTOR® Like other professionals, a REALTOR® is as good as the information at his or her disposal. The Multiple Listing...... Read More
How to Sell Lots and Lands
How to Sell Lots and Land (and Why it’s Different from Selling Homes) Share this post: BY http://blog.lotnetwork.com/ Selling a house in a changing real estate market can be challenging. Selling dirt can be even more challenging…in any market. In this article we provide tools for landowners and real estate professionals about how to sell lots...... Read More
What is an official plan ONTARIO
Citizens’ Guide 2 – Official Plan PDF (514 KB) What is an official plan? An official plan describes your upper, lower or single–tier municipal council’s policies on how land in your community should be used. It is prepared with input from you and others in your community and helps to ensure that future planning and development...... Read More
What is the Ontario Municipal Board?
Ontario Municipal Board ario Municipal Board PDF (492 KB) What is the Ontario Municipal Board? The Ontario Municipal Board is an independent administrative tribunal responsible for hearing appeals and deciding on a variety of contentious municipal matters. The Ontario Municipal Board is similar to a court of law, but with less formality. Board members are...... Read More
What is a zoning by-law Ontario
Citizens’ Guide 3 – Zoning By-laws PDF (377 KB) What is a zoning by-law A zoning by-law controls the use of land in your community. It states exactly: how land may be used where buildings and other structures can be located the types of buildings that are permitted and how they may be used the...... Read More
What is the Planning Act? ONTARIO
Citizens’ Guide 1 – The Planning Act PDF (145K) What is the Planning Act The Planning Act sets out the ground rules for land use planning in Ontario and describes how land uses may be controlled, and who may control them. The Act is legislation passed by your elected provincial representatives to: promote sustainable economic development in...... Read More
LAND DEVELOPMENT AND BUILDING APPROVAL PROCESS ONTARIO
The Plan Review and Approval Process Citizens’ Guide 9 – The Plan Review and Approval Process PDF, (145K) Who is the approval authority? Traditionally, the approval authority for land use planning has been the Minister of Municipal Affairs and Housing and, in some cases, a municipality. To support increased local autonomy in land use...... Read More
What is a subdivision
Citizens’ Guide 4 – Subdivisions PDF (333 KB) What is a subdivision? When you divide a piece of land into two or more parcels and offer one or more for sale, you are subdividing property, and the provisions of the Planning Act come into play. If your proposal involves creating only a lot or...... Read More
Land Severances Process Ontario
Land Severances Citizens’ Guide 5 – Land Severances PDF (270 KB) What is a land severance? A land severance is the authorized separation of a piece of land to form a new lot or a new parcel of land. This is commonly known as a consent. It is required, if you want to sell, mortgage,...... Read More
HOW TO OBTAIN Building Permits IN ONTARIO
8. Building Permits DOWNLOAD BELOW: s’ Guide 8 – Building Permits PDF (130 KB) What is a building permit? The body responsible for enforcing Ontario’s Building Code in your area issues permits for the construction, renovation, demolition and certain changes of use of buildings, and for the installation, alteration, extension or repair of on-site sewage systems....... Read More
HOME BUYING STEP BY STEP-5
CANADA MORTGAGEAND HOUSING CORPORATION Your Financial Responsibility Make Your Mortgage Payments on Time You can make your mortgage payments monthly, biweekly or weekly. But, whichever timetable you’ve chosen, it’s important to always make payments on time. Making late payments is called delinquency. Delinquency may result in late charges and negatively affect your credit rating. Failing...... Read More
HOME BUYING STEP BY STEP-4
CANADA MORTGAGEAND HOUSING CORPORATION Starting Your Search Here are some ways to begin looking for your new home: Word-of-mouth Tell everyone you know that you are looking for a new home. Surprising things sometimes happen. For example, you might hear about a home that is just becoming available on the market. Newspapers and real estate...... Read More
HOME BUYING STEP BY STEP-3
Step 3: Which Home is Right for You? Once you have a good idea about your finances, you’ll need to think clearly about the home you’d like to buy. You need to think about your current and future housing needs and what characteristics are important to you in a home. our Needs — Now and...... Read More
HOME BUYING STEP BY STEP-2
Step 2: Are You Financially Ready? This step guides you through some simple calculations to figure out your current financial situation, and the maximum home price that you should consider. How can you know if you are financially ready to become a homeowner? This step guides you through some simple calculations to figure out your...... Read More
IS HOME BUYING RIGHT FOR YOU – STEP-1
BY:CANADA MORTGAGEAND HOUSING CORPORATION Step 1: Is Home-ownership Right for You? Buying a home is one of the biggest emotional and financial decisions you’ll ever make. Prepare by learning about the process of home buying and the responsibilities of home-ownership.Before moving forward, though, here are some questions to consider. Do you have the necessary financial...... Read More
policy ceiling will curb Toronto homes prices
Real estate board predicts ‘ TAMSIN MCMAHON – REAL ESTATE REPORTER The Globe and Mail Published Monday, Jan. 18, 2016 9:46AM EST Last updated Monday, Jan. 18, 2016 6:29PM EST New federal mortgage rules are creating a “policy ceiling” that will curb Toronto’s soaring house prices this year, measures that would be partly offset by...... Read More
Canada’s housing boom could soon come to an end
Two new forecasts out Wednesday suggest the Canadian housing market may still have a little more room to grow but the pace of price increases will slow in 2016. Fitch Ratings suggests prices across the country will grow by 2.5 per cent this year but the ratings agency also is concerned about downside risk...... Read More
Should investors have cause for worry in TORONTO
Should investors have cause for worry in TORONTO By Justin da Rosa 15 Jan 2016 Condo rentals have been booming in Toronto, especially in 2015 but that doesn’t mean investors don’t have cause to be sceptical of the future of that market, according to one industry professional. “I don’t know if the trend will continue,...... Read More
Canada’s housing boom could soon come to an end
Two new forecasts out Wednesday suggest the Canadian housing market may still have a little more room to grow but the pace of price increases will slow in 2016. Fitch Ratings suggests prices across the country will grow by 2.5 per cent this year but the ratings agency also is concerned about downside...... Read More
PLAZA FOR SALE IN RICHMOND HILL ONTARIO
PLAZA FOR SALE IN RICHMOND HILL ONTARIO APPROVED TO DEVELOP HIGH-RISES, CLICK HERE TO CONTACT RON NAMEN FOR MORE DETAILS Description: PLAZA IN THE HEART OF RICHMOND HILL , FOR DEVELOPMENT ,PLEASE CALL FOR MORE INFORNATION Price: $32,000,000.00 List Price Code: For Sale Zoning: Commercial| Residential Type: Commercial/Retail Land Size: 3acrs Total Area: 3 ACRES...... Read More
How to Calculate the Land to Building Ratio
A structure occupies a certain portion or percentage of the land parcel on which it sits. This percentage or ratio of the size of the building to the land on which it resides is called the “land to building ratio.” To arrive at the land to building ratio, just divide the square footage of the...... Read More
LAND TO BUILD RESIDENTIAL/COMMERCIAL IN TORONTO
LAND TO BUILD RESIDENTIAL/COMMERCIAL IN TORONTO 100 ACRES LAND TO BUILD RESIDENTIAL/COMMERCIAL Description: 100 ACRES LAND, PROPOSED RESIDENTIAL SUBDIVISION, SOLD AS IS FOR MORE INFORMATION PLEASE CALL 647 236 9797 Price: $50,000,000.00 List Price Code: For Sale Zoning: Agricultural| Other Total Area: 2100 FEET X 2100 FEET First Name: RON Last Name: NAMEN Phone Number:...... Read More
Residential land for sale in king city ,ontario
Description: land to build 32 townhouse, or 48 stacks,sold as isPrice: $6,100,000.00List Price Code: For SaleZoning: ResidentialTotal Area: 46123sfLot Size: 46123sfFirst Name: RONLast Name: NAMENPhone Number: 6472369797E-Mail: RON@LAND1.CADate: 22/12/2015... Read More
LAND IN RICHMOND HILL FOR SALE
Description: Total site area is 46,322 sf Approvals for 2 semi detached homes 2 single detached homes 1 6 storey residential condo building 1.56 x FSI or 72,262 sf in total 65,724 sf for the condo building Must be purchased as one parcel House lots worth a total of +/- $1,200,000Attachments: View3 Price: $5,500,000.00List Price...... Read More
Plan to take full advantage of capital gains exemption
Deb MacPherson is leader of KPMG Enterprise’s Tax practice in Canada. She is based in Calgary. Deb MacPherson, KPMG Enterprise | October 16, 2013 4:45 PM ET , FINANCIAL POST LIFE TIME CAPITAL GAIN EXEMPTION CORPORATION CAPITAL GAIN Plan to take full advantage of capital gains exemption : There are probably few if any business...... Read More
Foreclosure Starts Dip to 10-Year Lows
Foreclosure Starts Dip to 10-Year Lows DAILY NEWS The foreclosure crisis is continuing to fade. RealtyTrac’s U.S. Foreclosure Market Report for November showed that foreclosure filings – which include default notices, scheduled auctions, and bank repossessions – fell nearly 10 percent month-over-month and are down more than 7 percent from a year ago at 104,111...... Read More
The Microkitchen: An Urban Trend?
The Microkitchen: An Urban Trend? DAILY NEWS Kitchens have become grand – filled with large granite islands and a spacious area for entire families to gather besides just for cooking. But in urban tech centers, kitchens are increasingly getting a makeover from younger owners who are desiring a smaller, high-tech area. Read more: ‘Tiny Condos’...... Read More
Half of Renters Are Struggling to Afford Rent
Half of Renters Are Struggling to Afford Rent DAILY NEWS The rental affordability crisis is showing signs of worsening: Nearly half of all renters are struggling to pay their monthly payments, according to a new report by Harvard’s Joint Center for Housing Studies. Financial experts usually recommend keeping housing costs around 30 percent of a...... Read More
How Will Higher Rates Affect Housing?
How Will Higher Rates Affect Housing? DAILY NEWS Time is ticking: The Federal Open Market Committee is less than a week away from what most analysts predict will be a vote to raise the federal funds rate for the first time since June 2006. An uptick in the federal funds rate would then prompt interest...... Read More
Owners More Upbeat About Home Values
Owners More Upbeat About Home Values DAILY NEWS Appraisers don’t think homes are worth as much as consumers believe, according to the latest Quicken Loans Home Price Perception Index for November. The HPPI measures home owners’ perception of value and found that owners’ estimations were 1.87 percent higher than the value appraisers reported in November. “Home...... Read More
Judging a Home by Its Driveway
Judging a Home by Its Driveway DAILY NEWS A driveway can boost curb appeal and set the tone for an entire home. Buyers may want to carefully assess not only the condition of the driveway but also the logistics of it too, particularly if they have to share one. Concrete Cracks: Reason for Concern? The...... Read More
Where Owners Spend the Most on Renovations
Where Owners Spend the Most on Renovations DAILY NEWS Maryland home owners are spending more on home renovation projects than any other area in the country. The National Association of Home Builders recently released estimates of spending on home improvements in owner-occupied housing by ZIP code. Maryland boasted a ZIP code with the highest total...... Read More
Repeat Buyers Plunge: Fannie Offers Help
Repeat Buyers Plunge: Fannie Offers Help DAILY NEWS The percentage of repeat home buyers has fallen 40 percent between 2002 and 2014, according to mortgage financing giant Fannie Mae’s research. Why the drastic drop? Jude Landis, vice president of single-family credit policy at Fannie Mae, speculates that for home owners who are credit eligible to...... Read More
Young Buyers Are Targeting These Metros
Young Buyers Are Targeting These Metros DAILY NEWS The millennial generation is 43.5 million strong, and they are expected to make a big splash in the housing market. The older group of millennails – those in the 25 to 34 age group, comprise 13.6 percent of the U.S. population alone and are 30 percent of...... Read More
Which Agent Rating Site Scores the Best?
Which Agent Rating Site Scores the Best? DAILY NEWS In a follow up to last year’s debut Ratings System Report Card, the Pennsylvania Association of REALTORS® has released its latest report card that scores the most popular sites that rates real estate agents. PAR reviewed the 10 most popular sites where agents receive ratings and...... Read More
Tips for Battling Against Low Inventory
Tips for Battling Against Low Inventory DAILY NEWS A shortage of homes for-sale is creating a roadblock for some would-be home buyers. In some markets, home buyers are left scrambling for a scant number of homes for-sale and that is sending home prices escalating. Read more: Inventory Relief Coming Soon? “If you’re seeking to purchase...... Read More
Baby Boomers Blamed for Clog in Housing
Baby Boomers Blamed for Clog in Housing DAILY NEWS Some economists say the baby boomers aren’t selling their homes like previous generations did and not downsizing fast enough, which is leading to shortages of homes for sale and rising prices. Baby boomers are “clogging up the whole chain of home sales,” says Sean Becketti, chief...... Read More
Mortgage Rates Still Below 4%, For Now
Mortgage Rates Still Below 4%, For Now DAILY NEWS For the third consecutive week, the 30-year fixed-rate mortgage dropped, offering home buyers a chance to lock in lower mortgage rates ahead of the Federal Reserve’s largely predicted move to raise federal funds rate later this month. Freddie Mac reports the following averages with national rates...... Read More
The Hot List: 20 Top-Performing Markets
The Hot List: 20 Top-Performing Markets DAILY NEWS A seasonal slowdown is taking root in many real estate markets across the country, with median list prices stabilizing and a declining number of homes on the market, according to realtor.com®’s latest housing report, reflecting November data. Read more: These Markets Will Make a Splash Next Year...... Read More
5 Creative Marketing Ideas to Sell a Home
5 Creative Marketing Ideas to Sell a Home DAILY NEWS Does your marketing need a refresh? Some real estate professionals are trying out some unusual ways to drum up more potential buyers for their listings. Draw some inspiration with a few of their ideas: 1. The house that tweeted: Some real estate professionals are having...... Read More
November Housing Market Charts Available
November Housing Market Charts Available, November Housing Market Charts Available, http://www.torontorealestateboard.com/market_news/housing_charts/index.htm, http://www.trebhome.com/rss/TREB_News_PUBLIC.xml, TREB News: PUBLIC, ,... Read More
GTA REALTORS® Release Monthly Resale Housing Figures
GTA REALTORS® Release Monthly Resale Housing Figures, Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported 7,385 home sales through TREB’s MLS® System in November 2015 – up by 14 per cent compared to November 2014., http://www.trebhome.com/market_news/release_market_updates/news2015/nr_market_watch_1115.htm, http://www.trebhome.com/rss/TREB_News_PUBLIC.xml, TREB News: PUBLIC, ,... Read More
GTA REALTORS® Release Monthly Resale Housing Figures
GTA REALTORS® Release Monthly Resale Housing Figures TORONTO REAL ESTATE NEWS TORONTO, December 3, 2015 — Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported 7,385 home sales through TREB’s MLS® System in November 2015 – up by 14 per cent compared to November 2014. This result also represented the...... Read More
GTA REALTORS® Report Commercial Market Figures
GTA REALTORS® Report Commercial Market Figures, Toronto Real Estate Board President Mark McLean announced TREB MLS® commercial real estate results for November 2015. There was 428,741 square feet of combined industrial, commercial/retail and office space leased, on a per square foot net basis with pricing disclosed, during the month., http://www.trebhome.com/market_news/release_market_updates/news2015/nr_comm_watch_1115.htm, http://www.trebhome.com/rss/TREB_News_PUBLIC.xml, TREB News: PUBLIC, ,... Read More
GTA REALTORS® Report Commercial Market Figures
GTA REALTORS® Report Commercial Market Figures TORONTO REAL ESTATE NEWS TORONTO, December 3, 2015 — Toronto Real Estate Board President Mark McLean announced TREB MLS® commercial real estate results for November 2015. There was 428,741 square feet of combined industrial, commercial/retail and office space leased, on a per square foot net basis with pricing disclosed,...... Read More
A Good Time to Sell in These 10 Markets
A Good Time to Sell in These 10 Markets DAILY NEWS In some counties in the U.S., sellers are seeing sizable profits. RealtyTrac’s October 2015 U.S. Home Sales Report shows the following counties where sellers, on average, sold for the largest percentage profit since purchase: Alameda County, Calif., in the San Francisco metro area: 75...... Read More
Study: Stellar Credit Scores Add Up to Savings
Study: Stellar Credit Scores Add Up to Savings DAILY NEWS For every 10 point increase in credit scores, borrowers can expect to receive a lower mortgage interest rate, according to a new study soon-to-be-published in the Journal of Housing Economics by researchers at Northern Kentucky University. Read more: 26 Million Consumers Are ‘Credit Invisible’ For...... Read More
Inventory Concerns Limit Sales Contracts
Inventory Concerns Limit Sales Contracts DAILY NEWS Pending home sales inched up in October, following two consecutive months of declines. But the gains in home sale contracts were mostly centered in the Northeast and Western regions of the U.S., which offset declines in the Midwest and South last month, according to the National Association of...... Read More
TREB & BILD Stress That Demand for Home Ownership Remains Strong
TREB & BILD Stress That Demand for Home Ownership Remains Strong, Greater Toronto, November 25, 2015 – Demand for home ownership remains strong in the GTA, and dynamics around housing supply are impacting prices and redefining the market, said the Building Industry and Land Development Association (BILD) and the Toronto Real Estate Board (TREB) at...... Read More
TREB’s President’s News Beat: Planning For Your Down Payment
TREB’s President’s News Beat: Planning For Your Down Payment, It can feel frustrating. You’ve cut back on your daily double soy lattes, your impulse buying, even cut down on your overall debt, but you may feel like you are no closer to owning your own home. In speaking to would-be first-time home buyers, saving for...... Read More
RBC economist predicts home price declines in 2016 as rates rise
The Globe’s Real Estate Beat offers news and analysis on the Canadian housing market from real estate reporter Tara Perkins. Read more on The Globe’s housing page and follow Tara on Twitter @TaraPerkins. An economist at Canada’s biggest bank says home prices could start falling in 2016 if interest rates return to more normal levels....... Read More
GTA REALTORS® Release Resale Condominium Market Figures
GTA REALTORS® Release Resale Condominium Market Figures, Toronto Real Estate Board President Mark McLean announced strong year-over-year growth in condominium apartment sales reported through TREB’s MLS® System in the third quarter of 2015., http://www.torontorealestateboard.com/market_news/release_market_updates/news2015/nr_condo_report_Q3-2015.htm, http://www.trebhome.com/rss/TREB_News_PUBLIC.xml, TREB News: PUBLIC, ,... Read More
GTA REALTORS® Report Rental Market Figures
GTA REALTORS® Report Rental Market Figures,
,
TORONTO REAL ESTATE NEWS,
TORONTO, October 16, 2015 — Toronto Real Estate Board President Mark McLean announced that there were 9,635 condominium apartment rental transactions reported through TREB’s MLS® System in the third quarter of 2015. This result represented a 22.6 per cent increase compared to Q3 2014. ...... Read More
September Housing Market Charts Available
September Housing Market Charts Available
... Read More
July Housing Market Charts Available
July Housing Market Charts Available
... Read More
TREB’s President’s News Beat: A Message From The New President
I am excited about representing the Greater Toronto Area’s more than 41,000 REALTORS® during the next 12 months, as President of the Toronto Real Estate Board.
... Read More
GTA REALTORS® Release Q2 Condominium Market Figures
Toronto Real Estate Board President Mark McLean announced that there were 7,656 condominium apartment transactions reported through TREB’s MLS® system in the second quarter of 2015, representing a year-over-year growth rate of 17 per cent relative to Q2 2014.
... Read More
GTA REALTORS® Release Q2 Rental Market Figures
Toronto Real Estate Board President Mark McLean announced that GTA REALTORS® reported 8,821 condominium apartment rentals through TREB’s MLS® System in the second quarter of 2015. This result represented a 20.3 per cent year-over-year increase compared to 7,333 condo apartment rentals reported in Q2 2014.
... Read More
June Housing Market Charts Available
June Housing Market Charts Available
... Read More
GTA REALTORS® Release Commercial Market Figures
Toronto Real Estate Board President Mark McLean announced that TREB Commercial Network Members reported 5,896,493 square feet of leased industrial, commercial/retail and office space during the second quarter of 2015.
... Read More
GTA REALTORS® Release Mid-Month Resale Housing Figures
Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported 5,661 home sales through TREB’s MLS® System during the first two weeks of June 2015. This result represented a 15.7 per cent increase compared to the same period in 2014.
... Read More
Interested in buying a power-of-sale property?
Interested in buying a power-of-sale property? Keep your emotions in check Joe Richer: Have your lawyer, real estate agent reveal every detail about the home and transaction ASSOCIATED PRESS FILE PHOTO Ask your agent every possible question if you’re looking at a foreclosure property. By: Josheph Richer Special to the Star, Published on Thu Sep...... Read More
7 Mind-Blowing Facts About the Canadian Real Estate Market
7 Mind-Blowing Facts About the Canadian Real Estate Market In the last decade, it’s been good to be a homeowner in Canada. The average price of a house has more than doubled, going from $200,000 to more than $400,000. That’s a return of more than 7% annually, more than double the historical return from the...... Read More
LAND TO BUILD BRAMPTON 18.6M
Description: 86 LOTS TO BUILD DETACHED HOUSES IN A VERY DESIRABLE LOCATION,TOTAL LINEAR FOOTAGE : APPROXIMATELY 4300 LINEAR FOOT UNSERVICED FOR MORE INFORMATION PLEASE CALLPrice: $18,600,000.00List Price Code: For SaleZoning: ResidentialTotal Area: Approximatly 12-13 ACRESFirst Name: RonLast Name: NamenPhone Number: 647-236-9797E-Mail: ron@land1.caDate: 12/04/2015... Read More
PIONEER GAS STATION $3,000,000.00
Description: Only 2 Year New Gas Station With Touch Less Carwash. Located On Major Artery Of Town. Guaranteed Commission On Fuel Sales. Excellent Sales And Continues To Grow. Huge Potential For Owner Operator As Presently Business Is Run By Employees Only. Car Wash Sales (100% Profit) Are Growing And Potential To Increase More.Attachments: 20213410 Price:...... Read More
ESSO GAS STATION $5400,000.00
Attachments: ESSO 6951 flayer Price: $5400,000.00List Price Code: For SaleTotal Area: 1 acrsRetail Area: 2000 sfAge: 10-13 yearsCoffee Shop?: YesName Of Coffee Shop: Country StylePumps : 6 +Environmental: Clean Tank's Material: Fiber Glass Double WallsNumber Of Tanks: 3Gas Volume: 6 million +Cross Lease: 1.75 +Store Sale: see attched fileCar Wash?: NoTotal Gross Income: see attched...... Read More
Pioneer Gas Station, Store, Coin Carwash 1980 Lawrence $4,350,000.00
Description: Pioneer Gas Station, Store, Coin Carwash Gas Volume 5,000,000.00 Regular 80% Premium 12% 600,000.00 6.5 39,000.00 Diesel 8% Store, Coin Carwash, Additional Rent 20,400.00 TOTAL GROSS INCOME $680,275.00 Offer shall have NO Financing condition September 11, 2014 Pioneer Gas Station, Store, Coin Carwash 1980 Lawrence Av. East WAGES 157680 CARWASH 32000 HYADRO 18000 SNOW...... Read More
Land for Proposed 25 Town-Homes On 1.5 Acres, $2,500,000
Description: remendous Infill Opportunity In Aurora, Proposed 25 Town-Homes On 1.5 Acres, (More Or Less), Fronting On Wellington Street. Property Severance Approved Nov.2013 , A Rare Find In A Desirable Neighborhood, Could Be Combined With 7 And 9 Kenlea Court. Municipal Water & Sewer Are On Wellington St., Lovely Mature Flat Parcel. Taxes Not Yet...... Read More
177 Acres Land in East Gwillimbury Rural East Gwillimbury $2,124,000
Description: Please Call For More InformationPrice: $2,124,000List Price Code: For SaleZoning: AgriculturalType: LandTotal Area: 177 x 177 AcresLot Size: 177 AcresFirst Name: RONLast Name: NAMENPhone Number: 6472369797E-Mail: ron@land1.caDate: 18/01/2015... Read More
LAND TO BUILD Superb Opportunity In Prime Area Of Aurora! $998,888.00
Description: Superb Opportunity In Prime Area Of Aurora! Scenic 1.82 Acres (499 X 230 Feet) Connection Of Gas Services At The Street! Extras:Existing 1700Sf Home Can Be Renovated & Added Too! *A48754A; Pt Lt 5 Pl 132 King As In B53866B Aurora*Download Schedule B!Survey Upon Request!Land Value Only!Property Tax Is Calculated!Allow 2 Business Days Irrev!Property...... Read More
Rarely Offered 21.54 Acre LAND $998,000
Description: Excellent Investment Property, Rarely Offered 21.54 Acre Of Prime Real Estate Located Next To A High End Executive Subdivision. This Property Was Originally Passed As A Luxury Estate Subdivision In The 1980'S. The Prior Developer Was Unable To Complete It And The Rights Were Withdrawn Through The Passage Of Time. Now Imagine The Limitless...... Read More
Esso Gas Station and Carwash Scarborough,Ontario $5,500,000.00
1.85 acres land In the heart of Scarborough. Lots of Opportunities to grow more and add more Business to it. We recently made a new agreement with esso, and we buy gas at Toronto Rack Price – 1.1Cent per litre. Brand new pumps , Brand new signs and brand new racks. Business is growing. Extra...... Read More
Esso Gas Station North Of Berrie
Newer ESSO Gas station (4 years old) with 6 pumps-12 stations- + One diesel fuel pump,on 3 acres Land Esso franchise store “On The Run”, Tim Hortons. The Gas station is located on the west side of Highway 11 and line 7. The approach to the Gas station is possible from southbound and northbound. Annual...... Read More