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Come out and join us and bring in the new year, celebrate what Toronto Real Estate has in store for you. We will have guest speakers with the main focus on Mortgage Interest Rates, Rebates on New Home Purchase, Assignments along with some new projects coming up and the opportunity to take advantage of a bulk rate savings of up to 10% off current selling prices on remaining inventory.
I would like to invite you to our Presentation and Sales event Friday January 24th 2014, we have the Sky Lounge at Parade Building off Fort York and Dan Leckie Way, and will be entertaining guests from 6pm to 10pm.
Please let me know if you will be attending as we will be catering the event and let me know if you would like to bring a guest (s).
2014 is sure to be a year to remember in regards to investment properties. I hope that you can take the time to attend our event and I’m sure that you will not be disappointed. I have attached the invitation.
Look forward to seeing you there!
Pre-Launch Exclusive Pricing and Incentives – January 2014 Only
CentreCourt Insider’s Club Incentives
Pre-launch access, pricing and incentives before we open up sales to the broader agent community
JULY 2013 NEWSLETTER
WHERE IS INFLATION? CONTINUED.
I’m here, I’m just invisible!, by Wes Weber
Happy Canada Day and Happy Fourth of July! The first half of 2013 has finally gone down in the history books. You did not have to be smart, you did not have to have a board room full of financial disciples, for that matter you did not have to be awake. You simply had to participate in the great devaluation trade. You had to be in the game. I was humbled to be your Captain for the first half journey of 2013. I could sum up all kinds of metrics about how great the market behaved but you must see a bit of this in your daily lives. People are starting to feel better. This was the best first half since 1999. In fact Mr. Ben Bernake has enabled me to make some positive additions to my own life this year and I am grateful to have been in a position to have recognized it and seized the opportunity thanks equally in part to having the privilege to be your Captain. (more…)
Unfortunately the cost of borrowing is increasing The bond market has spiked above the comfort zone for lenders and hence you’re seeing another round of mortgage rate hikes. Looks like mid 3% will be the norm now as of tomorrow.
A note on pre-approvals: Pre-approvals aren’t worth more than the paper they are written on and in most cases are subject to rate premiums anyways. What that means is that there are very few lenders that will issue pre-approvals at today’s best rates. So today’s low rates should be for your serious buyers only not for those who have been sitting on the fence for months.
RBC Article Toronto – Home resales increased modestly in the first quarter of 2013 from the
fourth quarter of 2012.
Toronto area is a stretch for local homebuyers (the RBC measures for bungalows and two-storey homes are well above their long-term averages); however, condo ownership exerts less financial stress.
Kerri-Lynn McAllister, 27, who works for a Canadian mortgage rate comparison website, discovered the loophole last month when she was told she was facing a $150 a month increase on the 700 square foot condo she is renting near Adelaide St. and University Ave. for $1,625. Maybe Kerri-Lynn should buy the unit and not worry so much about the rent increase on a property that she does not own? see article
“We think the city is backed by a very strong rental market and continued inward migration,” see article Barrick Gold founder backing developer CD Capital in long-term wager on city’s prosperity.
TORONTO CONDO MARKET CONTINUES TO REBALANCE
Sales slow from record-setting pace in early 2012
“The market appears well positioned for an improvement through the rest of 2013. More competitive pricing and the upcoming release of some highly anticipated projects in the second quarter should attract a good amount of attention. (more…)
First Release of Suites!
Westlake Encore a master planned community in the Etobicoke Humber Bay / Lakefront neighbourhood
Westlake Encore a unique Urban Development in Etobicoke’s up-and-coming neighborhood.
Westlake Encore also features townhouses facing Mimico Creek and Ground Floor Retail space.
Westlake Encore will be hard to beat for pricing, design, finishes, and incentives .
Thank you to the sales and admin for honouring me with this prestigious award. Being the number one top selling agent for a developer is an honour in itself, when it is with the 3rd largest developer in the Provence for volume it becomes more than just an honour. Words can hardly explain it, I look forward to working on your future sites and now focus on “Encore” your latest development at Park lawn and Lakeshore in Etobicoke starting from $411 per square foot, including Parking and Locker and $15,000 worth of penthouse upgrades not to mention the extended deposit structure over 2 years and free assignment rights. My clients are already booking their units. (more…)