Brian's Ontario Real Estate Blog

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

ARCHIVED BLOG POSTS

2015 

Terms The Bank Preferred Rates 1 Year 3.14% 2.79% 2 Years 3.14% 2.34% 3 Years 3.80% 2.49% 4 Years 4.54% 2.59% 5 Years 4.84% 2.69% 7 Years 5.30% 3.39% 10 Years 6.10% 3.89% VIRM 2.70% 2.15% The prime rate is 2.70%  
11/15/2015
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 1.54%Canada Housing 06/15/21 [-0.05]       5 Year - 0.96%CAN 0.75 09/01/20 [-0.06]       0.79% [-]                       10 Year - 2.29%Canada Housing 12/15/25 [-0.03]       10 Year - 1.67%CAN 2.25 06/01...
11/13/2015
Terms The Bank Preferred Rates 1 Year 3.14% 2.79% 2 Years 3.14% 2.34% 3 Years 3.80% 2.49% 4 Years 4.54% 2.59% 5 Years 4.84% 2.69% 7 Years 5.30% 3.39% 10 Years 6.10% 3.89% VIRM 2.70% 2.15% The prime rate is 2.70%
11/11/2015
1yr-2.89%2yr-2.59%3yr-2.74%4yr-2.87%5yr-2.50%5 year variable 2.05%
11/09/2015
Here is a copy of the report just release by the Toronto Real Estate Board. Following the recent federal election, the provincial government proposes to permit municipalities to charge a land transfer tax, just like Toronto, if they want to. Mississauga was the first municipality to push for this...
11/08/2015
Real Estate: Agreement of Purchase and Sale – WORKSHOPThis Workshop is directed to real estate professionals in Ontario. It is also open to lawyers and other interested professionals, as well as “investors”.The Agreement of Purchase and Sale is the primary document that real estate professionals...
11/08/2015
The Meaning of "Ad Idem"  By Brian Madigan LL.B.The latin expression "ad idem" simply means a "meeting of the minds". This is a basic legal principle and the fundamental aspect required for the formation of a contract. Unless the parties minds have met, then there cannot be a true consensus. In f...
11/08/2015
The Meaning of Caveat Emptor  By Brian Madigan LL.B.The latin expression "caveat emptor" literally means "let the buyer beware".In law, caveat emptor is a doctrine in contract and property law that stands for the proposition that:1) a completed sale contains no warranties,2) the buyer's right of ...
11/07/2015
 Question:What is the Difference between a Fraudulent and a Negligent Statement? Answer: A frauduent staement is one which is made with an intention to deceive.It should also be noted that a statement which is made reckessly, and careless as to whether it is true or false is also considered to co...
11/07/2015
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 1.61%Canada Housing 06/15/21 [+0.08]       5 Year - 1.04%CAN 0.75 09/01/20 [+0.08]       0.79% [-]                       10 Year - 2.32%Canada Housing 12/15/25 [+0.09]       10 Year - 1.72%CAN 2.25 06/01...
11/06/2015
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Brian Madigan

LL.B., Broker
local_phone(416) 745-2300
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