Brian's Ontario Real Estate Blog

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

ARCHIVED BLOG POSTS

2016 

Commercial Bond Yields   CMB         GoC         Floating Rate Insured Cost of Funds 5 Year - 1.17%Canada Housing 06/15/21 [-0.07]       5 Year - 0.61%CAN 0.75 09/01/20 [-0.05]       0.82% [-]                       5 Year - 1.27%*Canada Housing 12/15/21 [-0.07]       10 Year - 1.12%CAN 2.25 06/0...
02/19/2016
Wednesday, February 17, 2016Current Rates:  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%
02/17/2016
The Hot Tub: This one is a Chattel?We concluded that a hot tub which was embedded in an outdoor wooden deck was a fixture and should be included as an item that went with the property.However, does that mean that ALL hot tubs are fixtures?No, let’s look at one which is a chattel.That depends upon...
02/16/2016
The Hot Tub: A Fixture or a Chattel?An interesting issue arose recently as to whether a hot tub should be included or excluded from a real estate transaction.In the case at hand, a hot tub which was embedded in an outdoor wooden deck was initially included as an item that went with the property.T...
02/16/2016
Fixed term best discounted preferred rates & posted rates as of February 16, 20166 mos                                 3.10%         3.14%1yr                                     2.29%          2.89%2yr                                     2.24%          2.84%3yr                                    ...
02/16/2016
1yr-2.89%2yr-2.59%3yr-2.74%4yr-2.87%5yr-2.50%5 year variable 2.05%Call me if you require a referral to a mortgage broker:  Brian R. Madigan, LL.B., Broker   RE/MAX West Realty Inc., Brokerage 416-745-2300 (office) BRMadigan@Rogers.com (e-mail) www.iSourceRealEstate.com (web)  
02/14/2016
Disclosure Laws and The Supreme Court of CanadaI will be hosting a full day WORKSHOP at Nelson Goulart’s Mississauga offices, on 22 February 2016.The issues under review are Disclosure Laws in Ontario and the differences between the obligations of Seller’s and their Agents. This is a significant ...
02/14/2016
Disclosure Laws and The Supreme Court of CanadaI will be hosting a full day WORKSHOP at Nelson Goulart’s Mississauga offices, on 22 February 2016.The issues under review are Disclosure Laws in Ontario and the differences between the obligations of Seller’s and their Agents. This is a significant ...
02/14/2016
Buyer’s Rep should Sign Commission Agreement and CCR with BuilderQuestion:I am a Buyer’s rep and I have a buyer purchasing a new build condo. The builder is cooperating. What form do I use to ensure I get paid? Answer:You could use a “Commission Agreement for a Property Not Listed”. In most cases...
02/14/2016
Terms Posted Rates Prteferred Rates 6 MONTHS 3.14% 3.10% 1 YEAR 2.89% 2.29% 2 YEARS 2.84% 2.24% 3 YEARS 3.39% 2.34% 4 YEARS 3.89% 2.54% 5 YEARS 4.64% 2.74% 7 YEARS 5.30% 3.44% 10 YEARS 6.10% 3.84% Rates are subject to change without notice. OAC E&OE  Prime Rate 2.70% 5 yr variable 2.35%  
02/14/2016
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Brian Madigan

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