Archive | Investment Real Estate

17 June 2013 ~ 0 Comments

Don’t Forget About Your Closing Costs

One of the most common areas I come across in my real estate sales practice is the lack of attention Buyers pay to the total closing costs needed, when purchasing a home or condo. First time Buyers get a pass on paying attention to this, but everyone else needs to be aware of what added […]

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24 May 2013 ~ 0 Comments

Realtors® Welcome Amendment to the Electronic Commerce Act

The Ontario Real Estate Association (OREA) applauds the Ontario government for amending the Electronic Commerce Act (ECA), 2000 as part of the 2013 Ontario Budget. The amendment will delete an exemption of electronic agreements of purchase and sale from the Act and grant the agreements legal protection. Currently, Ontario REALTORS® are reluctant to use electronic agreements of […]

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19 March 2013 ~ 0 Comments

When Will Multiple Offers Ever End?

When will multiple offers ever end? The spring real estate market has started, and there is some confusion on how the market is doing? Many experts, banks, economists and real estate firms have varying opinions on what to expect for the Toronto real estate market in 2013. As a “soldier” in the trenches, of the […]

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11 February 2013 ~ 0 Comments

Do you need an agent in this day and age?

With all of the information available to a consumer today on the internet the question sometimes arises, do you need an agent to help you buy or sell a home? The short answer is no. And you never have. Even before the internet made everything available at our fingertips. Yep that’s right! When I come […]

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24 January 2013 ~ 0 Comments

Would you be okay with a bar in your condo building?

If you are a condo owner or are thinking about living in a condo I have a question for you. What sort of commercial/retail/office use would you feel is okay for units at the base of the condo you would or already live in? Many of the condos being built today are adding commercial space […]

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19 November 2012 ~ 0 Comments

Market Watch – Average Price Up in October, Despite Fewer Sales

Greater Toronto Area REALTORS® reported 6,896 transactions through the TorontoMLS system in October 2012 – a decrease of 7.1 per cent compared to October 2011. There were two more business days in October 2012 versus October 2011. On a per business day basis, transactions were down by 15.6 per cent. “Sales have decreased in the […]

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19 November 2012 ~ 0 Comments

Paying Capital Gains on Assigment Sales and Investment Condos

A little while back The Globe and Mail published an informative piece titled “House flippers beware. You can’t always sell your residence tax-free” which I posted a link to from my facebook page See article here. This had me thinking of purchasers who buy pre-built condos and for whatever the reason, either sell them upon […]

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16 October 2012 ~ 0 Comments

Are Real Estate Agents Responsible for Today’s High Cost of Homes?

I was reading an article a few weeks back on the high cost of homes in Toronto today with the average price of a detached house hitting $800,000. Pretty much the article labelled real estate agents as the cause for today’s high price of homes. I chuckled to myself (and others around me in the […]

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16 October 2012 ~ 0 Comments

Strong Average Price Growth in September

Greater Toronto Area (GTA) REALTORS® reported 5,879 transactions through the TorontoMLS system in September 2012. The average selling price for these transactions was $503,662, representing an increase of more than 8.5 per cent compared to last year. The number of transactions was down by 21 per cent in comparison to September 2011. However, it is […]

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21 September 2012 ~ 0 Comments

Rookie real estate agents and media dreams

Today there are many different places a person can go and get information on what’s happening in the real estate market. Realtors, traditional media sources, economists, family friends and many more. I’ve been an actively involved and committed full time real estate agent for the past 16 years and have always been dedicated to building […]

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