Brian's Ontario Real Estate Blog

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Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)
RECENT BLOG POSTS
Wire Transfers work at this TimeThe traditional “bank draft” or “certified cheque” has been the mainstay of the real estate industry for deposits, and for lawyers completing closings.Right now, it’s problematic. Someone has to:         Physically, write it out         Physically, take it to the B...
03/30/2020
Small Claims Court and Precedent Setting CasesSmall Claims Court decisions are not precedent setting. There is no lower Court upon which they would be binding. They have value from the perspective that someone else has looked at the same matter before. In effect, they are there for guidance.Above...
03/30/2020
Toronto Real Estate Market Largely Unaffected by October 2008 Stock Market CrashYou might recall that there was a major stock market crash in October 2008. It wiped out Lehman Brothers, Goldman and Sachs and led to the bailouts of the auto industry, with Chrysler filing for bankruptcy on 30 April...
03/27/2020
Commercial Bond Yields CMB 5 Year - 1.22% CANHOU 06/15/25 [-0.07]   ‌ 10 Year - 1.54% CANHOU 06/15/30 [-0.08]   * denotes interpolated rate GoC 5 Year - 0.66% CAN 1.25 03/01/25 [-0.07]   ‌ 10 Year - 0.74% CAN 2.25 06/01/29 [-0.08]   ‌ 15 Year - 1.06%* CAN 06/01/35 [-0.05]   ‌ 20 Year - 1.21%* CA...
03/27/2020
Force Majeure Clauses in Real Estate Transactions   The question arising frequently in discussions is whether “force majeure” is triggered in real estate transactions because of COVID -19. If we are talking about Ontario, the answer would be “no”. There simply is no force majeure clause in the St...
03/25/2020
Commercial Bond Yields CMB 5 Year - 1.24% CANHOU 06/15/25 [-0.08]   ‌ 10 Year - 1.57% CANHOU 06/15/30 [-0.09]   * denotes interpolated rate GoC 5 Year - 0.78% CAN 1.25 03/01/25 [-0.11]   ‌ 10 Year - 0.89% CAN 2.25 06/01/29 [-0.14]   ‌ 15 Year - 1.13%* CAN 06/01/35 [-0.12]   ‌ 20 Year - 1.26* CAN...
03/20/2020
Commercial Bond Yields CMB 5 Year - 1.06%* CANHOU 06/15/25 [+0.14]   ‌ 10 Year - 1.37% CANHOU 06/15/30 [+0.19]   * denotes interpolated rate GoC 5 Year - 0.55% CAN 1.25 03/01/25 [+0.14]   ‌ 10 Year - 0.70% CAN 2.25 06/01/29 [+0.22]   ‌ 15 Year - 0.93%* CAN 06/01/35 [+0.22]   ‌ 20 Year - 1.08* CA...
03/13/2020
HIGH RATIO fixed term best discounted rates & posted rates as of March 2, 2020 Terms                           Posted Rates                 Preferred Rates6 months                       3.34%                          3.30%1 year                          3.59%                          3.19%2 year ...
03/08/2020
Commercial Bond Yields CMB 5 Year - 1.14%* CANHOU 06/15/25 [-0.11]   ‌ 10 Year - 1.36% CANHOU 06/15/30 [-0.07]   * denotes interpolated rate GoC 5 Year - 0.81% CAN 1.25 03/01/25 [-0.08]   ‌ 10 Year - 0.91% CAN 2.25 06/01/29 [-0.05]   ‌ 15 Year - 1.10%* CAN 06/01/35 [-0.04]   ‌ 20 Year - 1.22%* C...
03/08/2020
Toronto and GTA Markets in February 2020 This is the recently released report of the Toronto Real Estate Board concerning the February 2020 results:TORONTO, MARCH 4, 2020 –In line with the forecast contained in the Toronto Regional Real Estate Board’s recently released Market Year in Review and O...
03/05/2020
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BrianMadigan

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Markets, Finance and Law related to real estate, estate planning and personal financial investment opportunities