First time home buyers $4000 Land Transfer Tax rebate

Effective January 2017, the First time home buyers Land Transfer Tax rebate has been increased to $4000 (conditions apply).  This is great news for first time home buyers stressed about the high cost of real estate.  Although it does nothing to reduce the purchase price of real estate, it does offer these buyers ‘some’ relief…

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Looking to downsize in 2017? What can you do?

As an older home owner you can’t believe the cost of today’s real estate market. You’ve heard from a neighbour that a house down the street sold for some absurd amount.  You can’t believe that someone was willing to pay that much and… the house needed updating! You begin wondering what your house is worth but who…

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Investor wanted for Condo with existing long term tenant

Exclusive opportunity at 4850 Glen Erin Dr.  Mississauga. Investor/landlord opportunity: 1+1 bedroom updated condo with balcony Tenant to remain as a long term lease opportunity Rental: $1475/m Maintenance fee: $410/m  Hydro, cable by tenant Taxes: $2050 Asking: $289,900              Located in the heart of Downtown Erin Mills with shopping, restaurants, transit, highways, schools,…

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What does your future lifestyle look like?

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REALTOR® to REALTOR®

Hello fellow REALTORS®! Real estate becomes profitable when you can turn clients into deals in a short period of time, however some clients inherently take longer and are more complicated, taking you away from ‘selling’ and becoming frustrated.  You choose between taking them on and spending time and money Vs not qualifying them and returning…

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Lifestyle change – client

We recently had an opportunity to assist a Lifestyle55 client achieve their dream of a urban sale and a downtown Toronto lifestyle.  Thank you Ken and Anna. Paul, We can’t thank you enough for working with us to realize our dream of downsizing from a house in Mississauga to an apartment in downtown Toronto. As you…

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Help me understand the Feds plan of higher deposits.

Help me understand the Feds plan of higher deposits. On Dec 11/15, Finance Minister Bill Morneau announced that CMHC will begin to require a 10% down payment for home purchases valued between $500,000 and $999,999. http://www.cbc.ca/news/politics/morneau-home-ownership-finance-1.3360610 How is this going to curb or keep in check the ever increasing housing costs in the GTA? From…

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Country mouse/City mouse

Recently my wife and I have found ourselves as empty nesters.  It’s a funny feeling to know that your children are not ‘dependent’ on you and that when the evenings come…the house is very quiet!  Although I have been looking forward to this time in my life, a time where my wife and I can…

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10 tips on how to manage being ‘The Sandwich Generation’

Oh my, how life is different these days. In conversing with my Mother, I find myself biting my tongue as she expresses how today’s happenings are not good. Things were better before. Both parents working, children being sent off to daycare, families eating out too often not to mention the issues with today’s technology and…

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Selling your home by auction!

Imagine for a moment that you have been blessed with the task of having to be in charge of transitioning your 87 year old Mother. Your Mother has been showing signs of Dementia, lives in the house that she and your late Father have lived in since 1972. Your brother lives 100 km away but…

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