Real Estate Hub - Greater Toronto Area

10/11/2024

BRAMPTON FREEHOLD TOWNHOMES ~ FROM $799,900 ONLY - LEARN MORE: https://www.condohotspot.com/node/add/contactSite

10/11/2024

TWO UNITS @ ONE PRICE FREEHOLD TOWNHOUSE ~ BRAMPTON - LIVE IN ONE & RENT OTHER - FROM $ 1.1 MILLION - LEARN MORE: https://www.condohotspot.com/node/add/contactSite

09/26/2024

For Sale, Detached, 4 Bd / 3 Bath, Corner Lot, All Bricks, Brantford, ON, Listed for $774,900

04/04/2023

*****LEASED*****
Moving ASAP - Brand New Beautiful 1+1 Bed + 1 Bath Modern With Open Concept Layout In The Newest Buildings In Burlington; Quartz Kitchen Counters; Balcony & 1 Underground Parking. Open Dbl Height Luxurious Lobby With Concierge; Party Rm & Games Area, Sep Dining/Meeting Room With Kitchenette & Private Outdoor Terrace; Pet Spa; Fully Equipped Fitness Center With Yoga Space; Change Rooms With Co-Ed Sauna And Steam Rooms; Outdoor Rooftop Pools With Lounge & Outdoor Bbq Area!

For Tenants Use: Stainless Steel Stove, Fridge & D/Washer, Washer & Dryer Combo, Looking For Good Tenants, Rent + Utilities, Close To Amenities: See Floor Plan In Pictures; A Must See!

08/24/2022

Rate hikes will end sooner than market thinks....

David Rosenberg talks about inflation, interest rates, the economy and more. Watch here

01/01/2022

12/03/2021

The 2022 RE/MAX Canadian Housing Market Outlook...

https://blog.remax.ca/re-max-expects-canadian-real-estate-prices-to-rise-9-2-in-2022/?rmxv=1638210879

Confidence continues in Canadian real estate market, with the inter-provincial relocation trend likely to remain strong in 2022 Migration between provinces expected to continue in 2022, potentially impacting local Canadian real estate conditions, according to 53 per cent of RE/MAX brokers (20 out of...

05/17/2021

LEASED
------------
FOR LEASE - Beautiful End Unit Town Home, 3 Bedrooms, 2.5 Washrooms Finished W/O Basement At A Prime & Desired Location in MISSISSAUGA!

Separate Family Room; Large Living & Dining Rooms Combo; Family Kitchen With Breakfast Bar and Eat In Area; Master With Walk-In Closet & 4Pcs Ensuite; 2 Other Good Sized Bedrooms; Finished Basement As Rec Room With Laundry & Garage Access; No Carpet In The House; Looking For Good Tenants; Job Letter, Full Credit Report, Pay Stub, Rental App & Ids Are Must; First & Last Month Rent Deposit.

Available from July 16, 2021
Tenant Pays Utilities,

Includes: Stainless Steel Fridge, Stove, Dishwasher, Central Air Schools Within the Boundary of Whitehorn Ps, Hazel Mccallion Middle School, Rick Hansen Sr Sec. School and River Grove Community Centre. Easy Commuting, Bus Stop Heartland Shopping Centre.

05/13/2021

What are the First Time Home Buyer Incentives" and what’s latest in FTHBI 2.0?

First Time Home Buyer Incentive (FTHBI) is a unique program by the Government of Canada to encourage its residents to buy their own first home in Canada. Under this program Government contributes 5% to10% of down payment subject to few conditions to a first-time home buyer through a shared equity program. This contribution to the down payment lowers first time home buyer mortgage costs, making home ownership more affordable.

Government Incentive is a shared equity mortgage which means that the Government is sharing in the upside and downside of the property value. The buyer does not need to repay this amount to Government until full loan is repaid in 25 years or the home is sold. However, there are certain conditions to be eligible under this program:

1. The household income of the applicant must be below $120000 per annum.
2. The eligible applicant can borrow 4 times of their household income.
3. The applicant did not occupy a home by him/her in the last four years.
4. The down payment has to be between 5% to 14.99%;

5. Only Canadian citizen, Permanent resident or non-permanent resident authorized to work in Canada qualify for this incentive.

FTHBI - 2 has recently been expanded for first-time home buyer buying a home in Toronto, Vancouver, or Victoria to be now eligible for an increased household Income of $150,000 instead of $120,000, and can borrow 4.5 times instead of 4.0 times of their household income. It effectively means that a household earning of $150000 can now qualify for a home valued up to $722,000 where Government will put up to $72,200 i.e. 10% of total cost

Whether recent changes will benefit residents of these three cities:

Expert opinions differ on this recent change. Generally, such incentives are given to increase demand when there is crash in real estate market, however these three cities real estate market is already quite hot and the change may not add much fire.

Secondly even with increased borrowing of 4.5 times of household income, eligible participants would actually be able to borrow more using a traditional 5% down insured mortgage. The average house price is already quite high in these cities and not many new home buyers will be benefiting from this change.

Let us wait and see what effect this development brings in the real estate market of these three cities.

Call me or message me to more in details.

05/08/2021

Be your own boss!

Excellent Business Opportunity! First Time Listed Ever; Over 30 Years Established Convenience Store By The Same Owner. A Well Organized Store; Great As Family Run Business; Weekly Sales $10, 000 And Lotto Commission: $2,500/Mth, Utilities $400/Mth
Bathurst Street Variety Store. Not Many Variety Stores Go On Sale On Bathurst Street. Plus, Basement For Storage, Walk In Cooler, Freezer And Rest Of Chattels And Fixtures Included. List Available. Low Rent $4400/Mth Plus Tmi And Hst.

Call or message today at 416 400-7785

Sanjay Babbar
Broker
Remax Realty One Inc.
Brokerage