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 

Home Sales in the Greater Toronto Area in 2015 Here are the statistics just released from the Toronto Real Estate Board:January                4,318February              6,296March                   8,889April                    11,255May                      11,643June                      11,90...
12/06/2015
 Is there a right of inpsection before closing, assuming that nothing was mentioned in the Agreement?Believe it or not, this was an unresolved issue in Ontario until 1979. There is an Ontario Superior Court (County Court at the time) case called Harkness vs. Cooney. It stands for the proposition ...
12/05/2015
Once you buy a property are you allowed to have another look?Now, once you own it, you can look at it all you like, but by that time it may be too late. The basic question is whether you have the legal right to inspect it before closing. From time to time, this issue is in “hot debate”.The answer...
12/05/2015
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 1.56%Canada Housing 06/15/21 [+0.02]       5 Year - 0.95%CAN 0.75 09/01/20 [+0.03]       0.79% [-]                       10 Year - 2.24%Canada Housing 12/15/25 [+0.04]       10 Year - 1.61%CAN 2.25 06/01...
12/03/2015
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%
12/01/2015
Terms Bank Rates Preferred Rates 6 Month 3.14% 3.10% 1 YEAR 2.89% 2.29% 2 YEARS 2.84% 2.19% 3 YEARS 3.39% 2.25% 4 YEARS 3.89% 2.49% 5 YEARS 4.64% 2.54% 7 YEARS 5.30% 3.39% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. *OAC E&OE Prime Rate is 2.70% Variable rate mortgages from ...
11/30/2015
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Brian Madigan

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