Brian's Ontario Real Estate Blog

By
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 November 19, 2019 Terms                           Posted Rates              Preferred Rates 6 mos                          3.34%                          3.30%1 year                          3.59%                          2.69%2 yea...
11/19/2019
Commercial Bond Yields CMB 5 Year - 1.77% CANHOU 12/15/24 [-0.01]   ‌ 10 Year - 1.89% CANHOU 06/15/30 [-0.02]   * denotes interpolated rate GoC 5 Year - 1.48% CAN 1.50 09/01/24 [-0.02]   ‌ 10 Year - 1.48% CAN 2.25 06/01/29 [-0.02]   ‌ 15 Year - 1.59%* CAN 06/01/35 [-0.03]   ‌ 20 Year - 1.64%* CA...
11/15/2019
HIGH RATIO fixed term best discounted rates & posted rates as of November 12, 2019 Terms                           Posted Rates                 Our Rates6 mos                          3.34%                          3.30%1 year                          3.59%                          2.69%2 year   ...
11/12/2019
BUYERS REP AGREEMENTS – Question:I showed at least 20 properties and made 3 offers on properties with a Client under a BRA.They purchased a property through another agent (listing agent) the week I was out of town. When I touched base with client upon returning from 1 week away they said their si...
11/12/2019
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.59% 3.19% Fixed 2 Year 3.74% 2.89% Fixed 3 Year 3.89% 2.74% Fixed 4 Year 3.94% 2.94% Fixed 5 Year 5.19% 2.74% Fixed 7 Year 5.80% 2.89% Fixed 10 Year 6.10% 3.04% Variable 2.90% Prime 3.95% Benchmark 5.19%
11/11/2019
Toronto and GTA Markets in October 2019This is the recently released report of the Toronto Real Estate Board concerning the October 2019 results:GTA REALTORS® Release October 2019 Stats TORONTO, November 5, 2019 – Toronto Real Estate Board President Michael Collins announced that Greater Toronto ...
11/10/2019
 Adding another Buyer by Amendment in OntarioThis is the provision which you would add: INSERT:      By executing this Amendment John Smith agrees to be bound by the terms of the Agreement of Purchase and Sale dated 26 October 2019 together with Schedules A and B, which are attached as an Appendi...
11/10/2019
Rate of Return on Real EstateWhat is the rate of return on real estate?Basically: 5% per annum!And, that’s measured over long periods of time. Sometimes, it’s less and sometimes it’s more, but over the long run it’s fairly close to 5%.There’s about 1,000 years of history to go with this. In 1066,...
11/10/2019
Is it Appropriate for Two to Sign Confirmation of Acceptance?Question:1) is there an issue to have both sign ? 2) in this day and age of electronic signatures, must you route and order the signatures to only have 1... or is 2 acceptable? Answer:The COA is to be signed by the person who knows that...
11/10/2019
Commercial Bond Yields CMB 5 Year - 1.85% CANHOU 12/15/24 [-0.02]   ‌ 10 Year - 2.00% CANHOU 06/15/30 [-0.02]   * denotes interpolated rate GoC 5 Year - 1.56% CAN 1.50 09/01/24 [-0.02]   ‌ 10 Year - 1.58% CAN 2.25 06/01/29 [-0.02]   ‌ 15 Year - 1.70%* CAN 06/01/35 [-0.02]   ‌ 20 Year - 1.75%* CA...
11/08/2019
Rainmaker
1,564,526

BrianMadigan

LL.B., Broker
local_phone(416) 745-2300
Contact The Author
Markets, Finance and Law related to real estate, estate planning and personal financial investment opportunities