Brian's Ontario Real Estate Blog

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Commercial Real Estate Agent - RE/MAX West Realty Inc., Brokerage (Toronto)

ARCHIVED BLOG POSTS

2018 

TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.09% Fixed 4 Year 3.89% 3.44% Fixed 5 Year 5.14% 3.24% Fixed 7 Year 5.30% 3.34% Fixed 10 Year 6.10% 3.79% Variable Rate 2.65% Prime Rate 3.70% Benchmark Rate 5.34% Cost per ...
07/30/2018
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.09% Fixed 4 Year 3.89% 3.44% Fixed 5 Year 5.14% 3.24% Fixed 7 Year 5.30% 3.34% Fixed 10 Year 6.10% 3.79% Variable 2.65% Prime 3.70% Benchmark 5.34%
07/30/2018
Contract “End” in OntarioQuestion:The buyer wants to avoid a contract because of title issues found in the title search. What happens under the Agreement?Answer:The reference to "avoid" is simply casual language, it's not a term of art in relation to the transaction.In the situation posed, with t...
07/29/2018
Conclusion to an Agreement (Ontario)Question:If the buyer wants to terminate/void/avoid an agreement, what are the differences, if any, among these 3 words?Answer:If you are looking to bring a conclusion to an existing contract, there are indeed several words that are commonly used like: Cancella...
07/29/2018
No Cheques: No Keys for Residential Leases (Ontario)Question:My client takes possession of her rental unit today and meets with the listing agent for keys. She has proof of tenant's insurance and utilities in her name - but has forgotten the post-dated cheques in the moving truck. The truck isn't...
07/29/2018
Commercial Bond Yields CMB 5 Year - 2.56%* CANHOU 12/15/23 [-0.01]   ‌ 10 Year - 2.73% CANHOU 12/15/28 [-0.01] * denotes interpolated rate GoC 5 Year - 2.20%* CAN 1.75 03/01/23 [-0.01]   ‌ 10 Year - 2.29% CAN 2.0 06/01/28 [-] GOC Bonds are for reference purposes only
07/27/2018
HIGH RATIO fixed term best discounted rates & posted rates as of July 26, 2018 Terms                           Posted Rates                 Preferred Rates 6 mos                          3.14%                          3.10%1 year                          3.04%                          2.99%2 year...
07/26/2018
TERM POSTED Preferred RATES* Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.09% Fixed 4 Year 3.89% 3.44% Fixed 5 Year 5.14% 3.24% Fixed 7 Year 5.30% 3.34% Fixed 10 Year 6.10% 3.79% Variable Rate 2.65% Prime Rate 3.70% Benchmark Rate 5.34% Cost per ...
07/25/2018
What about “0%” in a BRA? (Ontario)Question:The Buyer Representation Agreement is signed The agent put zero percent and nothing else ie. as per mls listing agreement under clause 2 where it states that the “Brokerage is entitled to be paid a commission of....” As far as I’m concerned the Brokerag...
07/24/2018
Term Posted Rate Preferred Rate Open 1 Year 6.30% 6.30% Fixed 1 Year 3.04% 2.99% Fixed 2 Year 3.24% 3.19% Fixed 3 Year 3.44% 3.09% Fixed 4 Year 3.89% 3.44% Fixed 5 Year 5.14% 3.24% Fixed 7 Year 5.30% 3.34% Fixed 10 Year 6.10% 3.79% Variable 2.65% Prime 3.70% Benchmark 5.34%
07/24/2018
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Brian Madigan

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local_phone(416) 745-2300
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