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News

61 Heintzman Street, #917, Toronto

61 Heintzman Street, #917, Toronto

By

agallippi

Posted in 1] $300,000 - $500,000, 2 Bedroom, 500 - 1000 Square Feet, Apartment/Condo On 26 September 2013

This Gorgeous 2 Bedroom, Plus One Suite Is The One You Have Been Waiting For! A Rare Find In The City Today. Vibrant Junction Neighbourhood With Sense Of Community And Its Own Style.

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Weekly Communication #19 / 2013

Weekly Communication #19 / 2013

By

agallippi

Posted in Blog On 18 September 2013

Greater Toronto Area REALTORS® reported 3,158 transactions through the TorontoMLS system during the first 14 days of September 2013. This result was up by 29 per cent in comparison to September 2012. Sales were up for all major home types on a year-over-year basis. The condominium apartment segment led the way with strong sales growth in the City of Toronto.

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Weekly Communication #18 / 2013

Weekly Communication #18 / 2013

By

agallippi

Posted in Blog On 16 September 2013

I will be away from Thursday September 19th until Saturday September 21st.

Please Call David Viti – Broker of Record should anything requires immediate attention.

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56 Van Stassen Blvd, Toronto

56 Van Stassen Blvd, Toronto

By

agallippi

Posted in 2] $500,000 - $1,000,000, 3 Bedroom, Duplex On 11 September 2013

Welcome Home! This Spectacular 3 Bdrm, 2 Bath Semi In The Secluded,Family Friendly Humber Valley. This Move In Ready Home Has Many Recent Renos! Freshly Painted. Hardwood Floors Throughout And Renoed 4 Pc. Bath. Beautifully Landscaped With A Must See Back Flower Garden. Finished Lower Rec Room With 3 Pc Bath And New Broadloom.

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Weekly Communication # 17 / 2013

Weekly Communication # 17 / 2013

By

agallippi

Posted in Blog On 6 September 2013

Back to School! Got the kiddies off to a brand new school year and settling into a fall rhythm after a busier than usual summer. Another strong sales month for the GTA Real Estate Market. Both strong volume and sales pricing. Read the full Report.

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Weekly Communication #16 / 2013 – Have A Fantastic Labour Day Long Weekend!

Weekly Communication #16 / 2013 – Have A Fantastic Labour Day Long Weekend!

By

agallippi

Posted in Blog On 30 August 2013

My apologies that it has been several weeks since my last “weekly communication”. This summer has been busier than what I have been used to in the past 4-5 years. Typically I expected a slowdown (transactions not pricing) to the point where the market would seem to be stagnant. Last year we planned a 3 week family vacation around it and although I had full support/coverage in my absence it was largely uneventful.

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Legal Corner: What your home insurance won’t cover

Legal Corner: What your home insurance won’t cover

By

W. Andrew Powell

Posted in Blog On 28 August 2013

When you hide something from your buyers, chances are you are going to have to pay for it after closing, as well as paying lawyers. And don’t expect your home insurance to cover your legal fees. Please see the attached case about a seller who tried to hide the fact that there was a prior fire on the property from a buyer. Insurance companies will not protect you if you deliberately mislead a buyer.

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Legal Corner: Seller financing can be a win-win for buyers and sellers

Legal Corner: Seller financing can be a win-win for buyers and sellers

By

W. Andrew Powell

Posted in Blog On 12 August 2013

As a result of further restrictions announced by CMHC, it may be time for sellers to consider offering a seller take back mortgage as a means to entice more potential buyers to their property. It can also lead to tax savings for the seller if they are selling an investment property, However, as the attached article indicates, seller financing is not for everyone and the terms must be clearly specified in any agreement of purchase and sale.

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Weekly Communication # 16 / 2013

Weekly Communication # 16 / 2013

By

agallippi

Posted in Blog On 8 August 2013

Toronto Real Estate Board Commercial Division Members reported 681,000 square feet of combined industrial, commercial/retail and office space leased through the TorontoMLS system in July (space leased on a per square foot net basis for which pricing was disclosed). This result, which was driven by the industrial market segment, was 55 per cent higher compared to July 2012. Year-over-year growth in average lease rates reported on a per square foot net basis was mixed in July. Average industrial and office lease rates were down compared to last year, whereas the average commercial/retail lease rate was up.

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Weekly Communication # 15: Vacation Alert

Weekly Communication # 15: Vacation Alert

By

agallippi

Posted in Blog On 4 August 2013

It’s been a few weeks since my last communication as the market has still been fairly brisk compared to summers past.

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