Banquet Hall coming up for Lease

I have a North Toronto Banquet Hall coming up for Lease, in busy plaza. Great exposure, large kitchen in busy location. Close to 401 and 400 Highways. Flexible Terms.

Banks Drop Prime Rate

Banks started dropping their prime rate, great for variable rate mortgages and lines of credits attached to the prime rate.

61 Town Centre Drive

Toronto M1P 5C5

Only $229,900

Welcome to the Luxurious Tridel Condo 'Forest Vista', this spotless 1 bedroom condo offers a cozy layout with incredible amenities which include concierge/security, top of the line gym/exercise, sauna, pool, billiards room, guest suites, media room, party room and so much more.  Enjoy luxury living at its best, while still being close to TTC station,  401, restaurants & large mall. Why pay for downtowns prices when this is more convenient to amenities and you are still on the TTC line.

Features: freshly painted, updated kitchen, breakfast bar, Laminate Flooring, ensuite laundry, pets permitted

Mortgage Rates might Drop

There seems to be pressure on mortgage rates moving downward. At our office meeting this morning we received information that we might see mortgage rates drop this year instead of going up as first predicted.

Oshawa Real Estate Still Booming

Multiple offers and over asking sales, look  like will be the norm in Oshawa. There seems to be a huge pent up demand, waiting for what ever comes on the market. This will only get stronger as we get closer to the Spring Real Estate market. Most markets are very active but the Oshawa Market seems to be standing out. 

Industrial Space Need in Durham Region

Looking for industrial space in Durham Region, if you have empty space and would like to do something with it. Let me know I have a great flexible tenant. Need 10,000-20,000 sqft, Could be month to month. . Preference would be Oshawa, followed by Whitby, Clarington and Ajax.

SOLD!

390 Gibbons St.  Oshawa  L1J 4Z2

Wonderful detached bungalow, 3 bedrooms located close to malls, parks and public transportation. Very bright home with an eat-in kitchen and good sized bedrooms. Features hardwood floors, updated furnace, windows & more. The renovated bathroom has its own Jacuzzi style tub and separate shower. The finished cozy basement has large windows, bathroom and gas fireplace. This home offer ample parking plus a garage, relax in your own in ground pool.

Features: gas heating, interlock driveway, gas fireplace, newer windows, inground pool, garage, hardwood floors on main.

Heritage Property Tax Rebate Program for the City Of Toronto

Heritage Property Tax Rebate Program
January 7, 2015 -- The City of Toronto offers a Heritage Property Tax Rebate Program to assist owners of heritage properties with the cost of maintenance and conservation.

The program is currently in transition due to staff recommendations that were adopted by Council on July 8, 2014.

Only properties that received a Heritage Property Tax Rebate for any of the 2010, 2011, 2012 or 2013 tax years may apply for the 2014 tax year. Their applications will be processed under the program as previously administered. These applications must be completed, submitted with all required information, and received by 4:30 P.M. EST, Friday, February 27, 2015 to be considered.

New for 2015, eligible properties must be classified commercial and industrial, where a minimum of 50% of the current value assessment (CVA) is attributable to commercial or industrial taxes. Other conditions and requirements apply. Properties that are not eligible for the tax rebate program may be eligible to apply to the Toronto Heritage Grant Program.

Should you have questions about the Toronto Heritage Property Tax Rebate Program, you can contact Gary Miedema from Toronto’s Heritage Preservation Services directly at gmiedem@toronto.ca or (416) 338-3278.

FREE DOWNPAYMENTS in Peel Region

FREE DOWNPAYMENT: The Region of Peel might once again be offering free downpayments to qualified applicants for 2015.

What is the Home in Peel Affordable Ownership Program?

The Home in Peel Affordable Ownership Program is designed to provide low-to-moderate income residents who are currently renting a unit in the Region of Peel (Brampton, Caledon or Mississauga) the opportunity to qualify for down payment loan assistance to buy a home in Peel Region.

This program will assist eligible applicants who have a total gross (pre-tax) household income of $80,000 or less to purchase a resale home in the Region of Peel that does not exceed a purchase price of $295,000.

Participant Eligibility

Applicants must be 18 years of age or older
Applicants must be a Canadian citizen or have permanent resident status
Applicants must not own or have an interest in another residential property in Canada or elsewhere
The home must be the sole and principal residence of the purchaser
The applicant must currently be renting in Peel and looking to buy a sole and principal residence
The applicant must have a total gross (pre-tax) household income not exceeding $80,000
The applicant must be able to obtain a mortgage pre-approval from a bank/lender that is approved and insured by a mortgage default insurer such as Canada Mortgage and Housing Corporation (CMHC) and must submit it with their application
Participants may not include anticipated rental income from a portion of the property in order to obtain a mortgage
The applicant must be able to pay all additional closing costs
The applicant must supply all necessary documentation to the Region of Peel within the required timeframe

http://www.peelregion.ca/housing/home-in-peel/apply/qualifications.htm

*** Currently the region is waiting for confirmation of funding to confirm that it will be available for 2015, They are expecting a response around March, it is on a first come first served basis, so interested parties need to be constantly looking at the web site.

TREB offering High School Students Scholarships

If you have children graduation from High School this year, out Real Estate Board is offering four scholarships- Free to apply:

Ninth Annual Past President’s Scholarship Awards

December 18, 2014 -- TREB’s Past President’s Scholarship Program, now in its ninth year, expanded in 2012 to include two additional scholarships. Two $5,000 first-place scholarships and two $2,500 second-place scholarships will be awarded on behalf of REALTORS® to four graduating high school seniors pursuing post-secondary education.

Based on community involvement and a 1,000-word essay, the awards will be presented to the four winners in the spring.

This year’s essay topic choices are:

1. How may the Pan Am Games impact the surrounding communities prior to, during, and once the games have concluded?
2. As our changing population produces new communities, there are many considerations to be addressed in making these communities successful. Identify a key consideration that you feel needs to be addressed to ensure success.