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 

Terms Posted Rates Preferred 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 2.30%
01/24/2016
Brian Madigan – Real Estate Expert Witness Reports If you have suffered a loss in a real estate transaction and you are considering legal action against someone for recovery of your loss, then, in all likelihood, you will require an Expert Witness Report.Reports are restricted to Ontario concerni...
01/22/2016
Chattels and Fixtures WorkshopThe law is quite clear on this. You can take a chattel with you when you move (furniture), and you have to leave a fixture (like the furnace) behind. It is the difference between moveables and immoveables.The problem is: how do you tell the difference.Furniture and f...
01/22/2016
Commercial Bond Yields   CMB         GoC         Floating RateInsured Cost of Funds 5 Year - 1.31%Canada Housing 06/15/21 [+0.07]       5 Year - 0.77%CAN 0.75 09/01/20 [+0.12]       0.81% [-]                       10 Year - 1.99%Canada Housing 12/15/25 [+0.12]       10 Year - 1.32%CAN 2.25 06/01...
01/22/2016
Terms Posted Rates Preferred 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 2.30%
01/20/2016
Fixed term best discounted rates & posted rates as of January 20, 2016 6 mos                                 3.10%         3.14%1yr                                     2.29%          2.89%2yr                                     2.24%          2.84%3yr                                     2.34%    ...
01/19/2016
TERM POSTED Preferred  RATES* Open 1 Year 6.30% - Fixed 1 Year 2.89% 2.29% Fixed 2 Year 2.84% 2.19% Fixed 3 Year 3.39% 2.20% Fixed 4 Year 3.89% 2.54% Fixed 5 Year 4.64% 2.59% Fixed 7 Year 5.30% 3.44% Fixed 10 Year 6.10% 3.60% Variable Rate 2.15% Prime Rate 2.70% Benchmark Rate 4.64% Cost per $10...
01/17/2016
Toronto’s Real Estate Price Cycle (2015)If we are going to look at the market, market timing and real estate cycles, we should really be looking at prices.Price is the relationship between supply and demand. Toronto and the GTA has been pressured for inventory and housing has been in short supply...
01/17/2016
Unsafe Premises for Sale: Precautions (Ontario)Question:The property to be sold was a former duplex purchased 18 years ago.The only access to the upstairs was by a stairwell outside the home that over 9 years ago was taken down since it was unsafe. Stairs were to be constructed inside the home an...
01/17/2016
The Monthly Ups and Downs of Toronto’s Real Estate (2015)Monthly cycles are relatively easy to predict.These are the average sale prices for single family homes in the GTA, as reported by the Toronto Real Estate Board (TREB).The Normal “Up/Down” Real Estate Cycle of PricingI have published this o...
01/17/2016
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BrianMadigan

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