Brian's Ontario Real Estate Blog

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Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)

ARCHIVED BLOG POSTS

2011 

Terms Bank Rates Preferred Rates 6 Month 4.45% 4.40% 1 YEAR 3.60% 2.64% 2 YEARS 3.95% 2.99% 3 YEARS 4.35% 3.39% 4 YEARS 5.04% 3.39% 5 YEARS 5.54% 3.39% 7 YEARS 6.44% 4.69% 10 YEARS 6.80% 4.89% Rates are subject to change without notice. *OAC E&OE Prime Rate is 3.00% Variable rate mortgages from ...
08/24/2011
Royal Bank’s August 2011 Report on Housing Affordability Ontario Real Estate Source By Brian Madigan LL.B. The Royal Bank of Canada released its report on the affordability of housing in Canada. Here’s the reference: Affordability deteriorated in the second quarter   This is the excerpt for Onta...
08/22/2011
  Jack Layton Ontario Real Estate Source By Brian Madigan LL.B. Jack Layton passed away on 22 August 2011 and Canada lost a great Canadian and a masterful politician.   Jack achieved success using integrity, honesty, sincerity, compassion and hard work.   Ultimately, he was successful in winning...
08/22/2011
Terms Posted Rates Preferred Rates 6 MONTHS 4.45% 4.40% 1 YEAR 3.50% 2.64% 2 YEARS 3.85% 2.99% 3 YEARS 4.35% 3.39% 4 YEARS 4.99% 3.44% 5 YEARS 5.39% 3.59% 7 YEARS 6.35% 4.69% 10 YEARS 6.75% 4.95% Rates are subject to change without notice. *OAC E&OE   CURRENT PRIME RATE IS 3.00%   PRODUCT RATE V...
08/22/2011
  Business Financing: Converting Your Losses into Tax Losses Ontario Real Estate Source By Brian Madigan LL.B. You financed the restaurant for a friend or relative, and it ran into financial difficulties. You took over the restaurant, sold it as a going concern or just sold the assets, but you’re...
08/21/2011
Common Law Divisions of Property for Couples ~ New Law, New Rights Ontario Real Estate Source By Brian Madigan LL.B. Recently the law changed. It doesn’t happen that often, so it’s best to pay attention when it does. The Supreme Court of Canada just changed the rules on 19 February 2011. Periodic...
08/21/2011
Family Law Act ~ Equalization and the Matrimonial Home Ontario Real Estate Source By Brian Madigan LL.B.   What is equalization?  Equalization is a process under the Family Law Act to even up the profits and losses between parties upon marriage breakdown. Generally, the proceeds are split 50/50. ...
08/21/2011
Business Financing: Recovering the Balance from the Restaurant Operators    Ontario Real Estate Source By Brian Madigan LL.B. You financed the restaurant for a friend or relative, and now it's run into financial difficulty. This could be due to a variety of reasons. At this point, the reason doe...
08/18/2011
Business Financing: Liquidating the Restaurant    Ontario Real Estate Source By Brian Madigan LL.B. You financed the restaurant for a friend or relative, and now it's run into financial difficulty. This could be due to a variety of reasons. At this point, the reason doesn’t really matter. You ar...
08/17/2011
Business Financing: Selling the Restaurant   Ontario Real Estate Source By Brian Madigan LL.B. You financed the restaurant for a friend or relative, and now it's run into financial difficulty. This could be due to a variety of reasons. Maybe the owner didn't have enough experience, maybe it's th...
08/16/2011
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Brian Madigan

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