Brian's Ontario Real Estate Blog

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Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)
RECENT BLOG POSTS
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.14% Fixed 3 Year 3.89% 2.89% Fixed 4 Year 3.94% 3.14% Fixed 5 Year 5.34% 2.79% Fixed 7 Year 5.80% 3.14% Fixed 10 Year 6.10% 3.19% Variable 2.90% Prime 3.95% Benchmark 5.34%
06/24/2019
Commercial Bond Yields CMB 5 Year - 1.73%* CANHOU 12/15/24 [+0.05]   ‌ 10 Year - 1.91% CANHOU 09/15/29 [+0.05]   * denotes interpolated rate GoC 5 Year - 1.37% CAN 2.25 03/01/24 [+0.05]   ‌ 10 Year - 1.47% CAN 2.0 06/01/28 [+0.05] GOC Bonds are for reference purposes only Floating rate insured c...
06/21/2019
Furnace Liens in OntarioQuestion:Would a XYZ furnace rental contract appear on the parcel register?Answer:The furnace on the truck on the driveway is a chattel. Once it's taken downstairs and installed, it's a fixture. XYZ Company loses all its rights with respect to the furnace, excepting: 1) a ...
06/19/2019
 Non- Disclosure of the MurderA recent decision of the BC Court of Appeal confirmed that a Seller did not have to volunteer the fact that a murder had taken place.. There’s actually nothing new. The trial decision was out of step with other cases, so now they are all aligned. There are separate a...
06/19/2019
Registration of Agreement of Purchase and Sale (Ontario)Question:The Sellers have refused to cooperate and move out as scheduled. Is it possible to register the Agreement of Purchase and Sale on title to prevent them from selling to anyone else?Answer:Unfortunately, the Buyers cannot register the...
06/19/2019
Anti- Merger Clause When the deal is over, it’s finished. The contract has come to an end. It’s been completed and fulfilled.The “doctrine of merger” which is a legal concept applies, and prevents going back and checking on the old contract to see what’s still outstanding or what could have been ...
06/19/2019
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.14% Fixed 3 Year 3.89% 2.89% Fixed 4 Year 3.94% 3.07% Fixed 5 Year 5.34% 2.89% Fixed 7 Year 5.80% 3.14% Fixed 10 Year 6.10% 3.19% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.34% Cost per ...
06/18/2019
Term Posted Rate Preferred  Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.14% Fixed 3 Year 3.89% 2.89% Fixed 4 Year 3.94% 3.07% Fixed 5 Year 5.34% 2.89% Fixed 7 Year 5.80% 3.14% Fixed 10 Year 6.10% 3.19% Variable 2.90% Prime 3.95% Benchmark 5.34%
06/12/2019
Toronto and GTA Markets in May 2019 This is the recently released report of the Toronto Real Estate Board concerning the May 2019 results:           GTA REALTORS® Release May 2019 Stats TORONTO, ONTARIO, June 5, 2019 – Toronto Real Estate Board President Garry Bhaura announced that Greater Toront...
06/12/2019
Commercial Bond Yields CMB 5 Year - 1.79%* CANHOU 12/15/24 [+0.09]   ‌ 10 Year - 1.96% CANHOU 09/15/29 [+0.08]   * denotes interpolated rate GoC 5 Year - 1.39% CAN 2.25 03/01/24 [+0.10]   ‌ 10 Year - 1.50% CAN 2.0 06/01/28 [+0.10] GOC Bonds are for reference purposes only Floating rate insured c...
06/11/2019
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Brian Madigan

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