ARCHIVED BLOG POSTS
2012
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If you require a referral to a mortgage broker, then please call me at 416-745-2300 Terms Posted Rates Preferred Rates 6 MONTHS 4.45% 3.95% 1 YEAR 3.20% 2.65% 2 YEARS 3.55% 2.69% 3 YEARS 3.95% 2.75% 4 YEARS 4.64% 3.09% 5 YEARS 5.34% 2.99% 7 YEARS 6.35% 3.69% 10 YEARS 6.75% 3.89% Rates are subject...
11/27/2012
Ontario Real Estate Source By Brian Madigan LL.B. Over the last few days, we have looked at the question of the Toronto Land Transfer Tax. It is a tax which exists only in Toronto and not in any of the other cities in Ontario. In order to properly consider this tax, we also have to look at the p...
11/25/2012
Ontario Real Estate Source By Brian Madigan LL.B. The Toronto Real Estate Board (TREB) is opposed to the Toronto Land Transfer Tax. It commissioned a survey by Ipsos Reid about the tax. Here’s a copy of the new release: www.torontorealestateboard.com/market_news/release_market_updates/news2012/n...
11/25/2012
Ontario Real Estate Source By Brian Madigan LL.B. As you might reasonably expect the Toronto Real Estate Board (TREB) has voiced its opposition to the Toronto Land Transfer Tax. This tax has now been in force since January 2008, and by January 2013, that will be 5 full years. So, the economic im...
11/25/2012
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Ontario Real Estate Source By Brian Madigan LL.B. Toronto has imposed some new Land Transfer Taxes. But who pays? The quick legal answer is that the tax is payable upon registration of a conveyance by a purchaser. The amount escalates with the value of the transaction. However, the question ...
11/22/2012
Ontario Real Estate Source By Brian Madigan LL.B. As you have probably heard Toronto has imposed some new Land Transfer Taxes. Basically, they will be almost equal to the amount charged by the Province. So, in effect it will cost almost twice as much by way of transfer taxes in Toronto as an...
11/22/2012
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Ontario Real Estate Source By Brian Madigan LL.B. In Ontario, there is a land transfer tax which is imposed when transfers of land take place. A key concept is the actual transfer of land. So, the registration of a deed in favour of a third party will precipitate the imposition of the t...
11/21/2012
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Ontario Real Estate Source By Brian Madigan LL.B. You are probably aware that Toronto has its own Land Transfer Tax. This is in addition to the regular Provincial Land Transfer tax which applies throughout the Province. This new Toronto Land Transfer Tax was passed by Council on 22 October 2007 ...
11/21/2012
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if you require a referral to a mortgage broker, then please call me at 416-745-2300 Terms Posted Rates Preferred Rates 6 MONTHS 4.45% 3.95% 1 YEAR 3.20% 2.65% 2 YEARS 3.55% 2.69% 3 YEARS 3.95% 2.75% 4 YEARS 4.64% 3.09% 5 YEARS 5.34% 2.99% 7 YEARS 6.35% 3.69% 10 YEARS 6.75% 3.89% Rates are subject...
11/19/2012
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The Combination for the Toronto Market Ontario Real Estate Source By Brian Madigan LL.B. You might think that this is a good set of numbers for the Quarterback in a football game, but what about the Quarterback in a real estate transaction? This may be all the market information that you re...
11/13/2012
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