Brian's Ontario Real Estate Blog

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Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)
RECENT BLOG POSTS
HIGH RATIO fixed term best discounted rates & posted rates as of October 5, 2019 Terms                           Posted Rates                 Preferred Rates6 months                       3.34%                          3.30%1 year                          3.59%                          2.69%2 yea...
10/05/2019
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable 2.90% Prime 3.95% Benchmark 5.19%
10/04/2019
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 2.69% Fixed 2 Year 3.74% 2.69% Fixed 3 Year 3.89% 2.69% Fixed 4 Year 3.94% 2.69% Fixed 5 Year 5.19% 2.64% Fixed 7 Year 5.80% 2.99% Fixed 10 Year 6.10% 3.04% Variable Rate 2.90% Prime Rate 3.95% Benchmark Rate 5.19% Cost per ...
10/04/2019
Gas Well on PropertyQuestion: Does anyone have any experience representing a buyer on a rural listing with an owned gas well on the property? LA agent says it is owned and seller doesn't sell any of the gas; it services the property only. Questions to ask? Due diligence? Special Clause? Is it a c...
10/04/2019
Water Damage ClauseQuestion:[Warranty Clause question] Purchaser's lawyer wants to change a warranty clause to the following: "The Seller represents and warrants that, to the best of the Seller's knowledge, the premises have not suffered any prior water damage. The Parties agree that this represe...
10/04/2019
Commercial Bond Yields CMB 5 Year - 1.61% CANHOU 12/15/24 [-0.03]   ‌ 10 Year - 1.73% CANHOU 09/15/29 [-0.01]   * denotes interpolated rate GoC 5 Year - 1.28% CAN 1.50 09/01/24 [-0.03]   ‌ 10 Year - 1.27% CAN 2.25 06/01/29 [-0.02]   ‌ 15 Year - 1.39%* CAN 12/01/34 [-0.02]   ‌ 20 Year - 1.45%* CA...
10/04/2019
 Tenant Slips – Insurance Implications in OntarioQuestion:Tenant slips and breaks the toilet by falling onto it. Water floods the place. She doesn’t know how to turn the water off. Whose insurance - ultimately who is responsible to fix the damage?Answer:It looks like the Tenant was negligent. If ...
09/25/2019
Commercial Bond Yields CMB 5 Year - 1.79%* CANHOU 12/15/24 [+0.03]   ‌ 10 Year - 1.86% CANHOU 09/15/29 [+0.02]   * denotes interpolated rate GoC 5 Year - 1.47% CAN 1.50 09/01/24 [+0.03]   ‌ 10 Year - 1.43% CAN 2.25 06/01/29 [+0.02]   ‌ 15 Year - 1.53%* CAN 12/01/34 [+0.01]   ‌ 20 Year - 1.58%* C...
09/20/2019
Commercial Bond Yields CMB 5 Year - 1.83%* CANHOU 12/15/24 [+0.11]   ‌ 10 Year - 1.93% CANHOU 09/15/29 [+0.14]   * denotes interpolated rate GoC 5 Year - 1.51% CAN 1.50 09/01/24 [+0.13]   ‌ 10 Year - 1.51% CAN 2.25 06/01/29 [+0.15]   ‌ 15 Year - 1.64%* CAN 12/01/34 [+0.14]   ‌ 20 Year - 1.71%* C...
09/13/2019
Terms                           Posted Rates              Preferred Rates6 mos                          3.34%                          3.30%1 year                          3.59%                          2.69%2 year                          3.74%                          2.69%3 year               ...
09/11/2019
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BrianMadigan

LL.B., Broker
local_phone(416) 745-2300
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