Brian's Ontario Real Estate Blog

Vacancy on the “Day” of Closing Vacancy on the “Day” of Closing The Buyer says at 3:00 pm to the Seller: “you have to be out, this deal closed at 2:00 pm”. The Seller replies: “I know that, but I still have until 6:00 pm”. There are two arguments here which involve the interpretation of the words...

Toronto and GTA Markets in October 2020 This is the recently released report of the Toronto Regional Real Estate Board concerning the October 2020 results:”November 4, 2020 – Home sales in the Greater Toronto Area (GTA) were up again year-over-year for the fourth month in a row. Our Members made ...

HIGH RATIO fixed term best discounted rates & posted rates as of October 26, 2020 Terms                           Posted Rates                 Preferred Rates6 mos                          3.09%                          2.99%1 year                          3.14%                          1.89%2 ye...

Commercial Bond Yields CMB 5 Year - 0.68% CANHOU 12/15/25 [+0.02]   ‌ 10 Year - 1.10%* CANHOU 03/15/31 [+0.03]   * denotes interpolated rate GoC 5 Year - 0.40% CAN 0.50 09/01/25 [+0.03]   ‌ 10 Year - 0.66% CAN 1.25 06/01/30 [+0.04]   ‌ 15 Year - 0.90%* CAN 12/01/35 [+0.05]   ‌ 20 Year - 1.07%* C...

Commercial Bond Yields CMB 5 Year - 0.61% CANHOU 12/15/25 [-0.01]   ‌ 10 Year - 1.02%* CANHOU 03/15/31 [-]   * denotes interpolated rate GoC 5 Year - 0.37% CAN 0.50 09/01/25 [-0.01]   ‌ 10 Year - 0.61% CAN 1.25 06/01/30 [-]   ‌ 15 Year - 0.86%* CAN 12/01/35 [+0.01]   ‌ 20 Year - 1.04%* CAN 12/01...

 Toronto and GTA Markets in September 2020 This is the recently released report of the Toronto Real Estate Board concerning the September 2020 results:“October 6, 2020 – Toronto Regional Real Estate Board President Lisa Patel announced that sales reported through TRREB’s MLS® System by Greater To...

Term Posted Rate Preferred Rate 1yr (closed) 3.14 % 1.84 % 2yr (closed) 3.19 % 1.84 % 3yr (closed) 3.49 % 1.84 % 4yr (closed) 3.74 % 1.84 % 5yr (closed) 4.59 % 1.89 % 7yr (closed) 5.35 % 2.34 % 10yr (closed) 5.6 % 2.89 %

Toronto and GTA Markets in July 2020 This is the recently released report of the Toronto Real Estate Board concerning the July 2020 results:“AUGUST 6, 2020 – Toronto Regional Real Estate Board President Lisa Patel announces that Greater Toronto Area REALTORS® reported 11,081 sales through TRREB’s...

Commercial Bond Yields CMB 5 Year - 0.77% CANHOU 12/15/25 [-]   ‌ 10 Year - 1.06% CANHOU 03/15/31 [-]   * denotes interpolated rate GoC 5 Year - 0.37% CAN 0.50 09/01/25 [+0.01]   ‌ 10 Year - 0.52% CAN 1.25 06/01/30 [-]   GOC Bonds are for reference purposes only Floating rate insured cost of fun...

Commercial Bond Yields CMB 5 Year - 0.79% CANHOU 12/15/25 [+0.02]   ‌ 10 Year - 1.09% CANHOU 03/15/31 [+0.02]   * denotes interpolated rate GoC 5 Year - 0.40% CAN 0.50 09/01/25 [+0.02]   ‌ 10 Year - 0.56% CAN 1.25 06/01/30 [+0.03]   GOC Bonds are for reference purposes only Floating rate insured...