Archive for the 'For Investors' Category

Apartment For Sale on Bathurst/Lakeshore

• 1 bath, 1 bdrm apartment - MLS® $250,000 CAD - Reasonably Priced!
 
Bathurst/Lakeshore, Toronto  -  Luxury Condo Apartment In Waterpark City With Great Lake Views. Walk To Lake, Cne, Ontario Place, Air Canada, Skydome. Ttc At Your Doorstep, Stainless Steel Appliances. Enjoy Indoor Pool, Equipped Gym, Entertainment Room, Roof Terrace, 24 Hrs Concierge. Very Bright, [...]

Luxury real estate. DIANE KEATON TO SELL HER HOUSE

Keaton, who is well known for restoring architecturally significant homes in the L.A. area, paid $9.1 million (€6.2 million) last year for the six-bedroom house built for Oscar-winning composer Alfred Newman in 1948.
The house sits on 2.6 acres (1.05 hectares) overlooking Sunset Boulevard and includes a barn, riding stables and one of Wright’s trademark hexagonal [...]

Toronto real estate. PROPERTY TAXES SET TO RISE

Ontario property owners will see a double-digit increase on their assessments because of the hot housing market and because the province’s property assessment freeze has lifted, a real estate industry expert warns. Maureen O’Neill, president of the Toronto Real Estate Board, says the median price of a detached home in the GTA has increased about [...]

Ontario real estate. First-time buyers of resale homes to benefit from new tax measure

The McGuinty government is giving all first-time homebuyers a break on land transfer tax by proposing to expand the Land Transfer Tax Refund Program to include purchases of resale homes, Finance Minister Dwight Duncan announced today.“Expanding this Land Transfer Tax refund is an important part of our government’s commitment to helping Ontarians buying their first [...]

Toronto real estate. TORONTO IS A CONDO CITY!

Toronto has solidified its spot as North America’s largest condominium market, according to a report that says 259 projects are in the works in the city’s census area.
Urbanation, one of the country’s major condominium market research firms, says condo sales skyrocketed over the first nine months of 2007. There were 16,790, sales - more than [...]

Markham real estate. OPEN HOUSE - BRAND NEW MARKHAM TOWNHOUSE!

Open house in prestigious Markham Cornell neigbourhood!
Address: 769 CORNELL ROUGE BLVD - 16th Ave/9th Line
Visit our Open House on Saturday and Sunday - November 17 and November 18 from 12 to 4.
BRAND NEW TOWNHOUSE, NEVER LIVED IN!
Only $329,900 for a Forest Hill beauty - 3-storey town facing park.
4 Bedrooms or 3 Bdr + second floor Family room [...]

Toronto real estate. BE AWARE - NEW LAND TRANSFER TAX IN TORONTO!

Real estate buyers and sellers looking to hold onto their last dollar may be rushing to buy or sell their home before the new land transfer tax comes into effect at the end of this year.
The controversial tax, passed in a 26-19 vote by city council on Monday night, will be collected on purchases that [...]

Toronto real estate. 40-YEAR AMORTIZATION MORTGAGE - GOOD OR BAD?

Do not pay until 2047. The Canadian real estate industry has come up with the perfect product — the 40-year amortization.
Instead of planning to pay off their mortgage in 25 years, Canadians are now turning to products that give them at least an extra decade to pay their debt — subject to massive interest payments [...]

Toronto real estate. THE STORY BEHIND TRUMP TOWER IN TORONTO

In the battle for one-upmanship in Toronto’s luxury real estate market, Alex Shnaider has revealed a convincing hand.
The enigmatic Toronto billionaire says in an exclusive interview he has decided to keep what has been billed as Canada’s most expensive condominium, valued at up to $20 million, at the Trump International Hotel & Tower for himself.
A [...]

Toronto real estate. BMO WAIVED BANK CHARGES FOR FIVE YEARS

Hats off to the Bank of Montreal for starting a practice that all financial institutions should have in place, and could even improve upon.
BMO has announced that prospective homebuyers who take out a five-year fixed-rate mortgage and existing homeowners who renew for a five-year fixed rate, by Oct. 31 of this year, will not have [...]