Brian's Ontario Real Estate Blog

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

ARCHIVED BLOG POSTS

2019 

Court Turns Right of Way into Absolute OwnershipThe Ontario Court of Appeal decided that a property owner may still acquire property through adverse possession in Friday Harbour Village Inc. v. 2138746 Ontario Inc., 19 December 2018.2138746 Ontario Inc. (231) was the owner of Block C, which was c...
01/10/2019
Court Rejects Ethical Agency Obligations for Real Estate Agents The Ontario Court of Appeal considered the testimony of several real estate expert witnesses, all of whom indicated that the selling agent had fiduciary obligations to the vendor in a real estate transaction, in Knoch v. Jon Picken R...
01/09/2019
Terms Posted Rates Preferred Rates 6 Months 3.34% 3.10% 1 Year 3.59% 3.19% 2 Years 3.74% 3.19% 3 Years 3.89% 3.44% 4 Years 3.94% 3.64% 5 Years 5.59% 3.49% 7 Years 5.80% 3.74% 10 Years 6.10% 4.04%   5 Year Variable 2.95% 2.95%
01/09/2019
RECO’s Toolkit #6  How to Budget for Buying a Home What follows is a series dealing with some publications by RECO to help the Consumer: Real Estate Council of Ontario When you’re looking to buy a home, it’s easy to forget that the purchase price is just one of many costs associated with ownershi...
01/08/2019
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.19% Fixed 3 Year 3.89% 3.39% Fixed 4 Year 3.94% 3.64% Fixed 5 Year 5.59% 3.49% Fixed 7 Year 5.80% 3.74% Fixed 10 Year 6.10% 4.04% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.34% Cost per ...
01/08/2019
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 3.19% Fixed 3 Year 3.89% 3.39% Fixed 4 Year 3.94% 3.64% Fixed 5 Year 5.59% 3.49% Fixed 7 Year 5.80% 3.74% Fixed 10 Year 6.10% 4.04% Variable 2.90% Prime 3.95% Benchmark 5.34%
01/07/2019
Greater Toronto Market Increases 2.09% over 2018This is the recently released report of the Toronto Rea Estate Board concerning the December 2018 results: December and 2018 Annual Statistics Released  January 4, 2019 – Toronto Real Estate Board President Garry Bhaura announced that Greater Toront...
01/04/2019
Can You Sue for Misrepresentation After Closing? That was the question that presented itself before the Supreme Court of Canada on 12 December 1923 in the case of Redican v. Nesbitt. The case was somewhat tricky from a procedural perspective. The legal remedies available were different if we were...
01/04/2019
Homeowner Sues Agent Because Commission is too SmallWhile this doesn’t actually sound right, it’s true!Bill was trying to sell his house. He entered into a Listing Agreement with Bob. Bill would pay Bob’s Brokerage 5% on the sale. They didn’t get along. So, Bill fired Bob and went to Mary.Mary ex...
01/04/2019
Commercial Bond Yields CMB 5 Year - 2.28%* CANHOU 06/15/24 [-0.04]   ‌ 10 Year - 2.46% CANHOU 12/15/28 [-0.03]   10 Year - 2.49%* CANHOU 09/15/29 [-0.03]
01/04/2019
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Brian Madigan

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local_phone(416) 745-2300
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