Moin Mr. Sold Jamal

01/03/2022

Find your perfect property residential, commercial or pre-construction. Browse this website and contact me for more information.

Real Estate MISSISSAUGA. Information about Real Estate properties to buy or sell in MISSISSAUGA. REALTOR - MOINUDDIN JAMAL, SHAHID KHAWAJA REAL ESTATE INC. Brokerage*. Search real estate listings. Tips on buying and selling a home. Property evaluation

12/25/2018

Merry Christmas. May the holiday bring Peace and Joy to all

12/25/2017

Wishing you all a Happy and Safe Holiday. May we all enjoy the magic of snow

11/27/2017

🌟 Time To Turn It Into Reality 🌟
🌟 Towns at ROUGE VALLEY In SCARBOROUGH 🌟
🌟 Towns at Rouge Valley is a New Townhouse Project By Tribute 🌟
Call to Register & Receive Floor Plans & Price List
Call: 647-831-8557 ( Sajid Rabbani )
&
416-839-6040 ( Moin Jamal )

11/27/2017

A return to a Balanced Market - across housing types!
After a summer of slumping sales and prices, it seems Toronto’s housing market has finally balanced out. Ontario’s Fair Housing Plan in April saw Toronto’s sales plummet.
Now, months later, they’re starting to edge back up again.
Why?
The Act doesn't deal with the real fundamental issues facing the GTA, I believe the changes are only temporary relief.
What’s going on here: GTA home prices are starting to edge back up after a serious summer drop.
Take a look at the chart -
A sales-to-new-listings ratio of between 40 to 60 per cent is considered a balanced market. Here, the ratio of different Toronto property types is tracked over the last two years.
The takeaway: late-2016 and early-2017 saw a dramatic shift towards a sellers’ market in Toronto,
November 2017’s ratio is much more balanced.
Semi-detached houses, condo apartment and condo townhouses all have ratios that indicate a balanced market,
while the detached houses ratio has dipped to become a Buyers’ Market.

11/09/2017

Virtual real estate searching is an interesting idea - esp for investors in other areas. It gives you a very good idea of what you are thinking of buying - that said - I don't see it replacing on site tours. It will greatly assist in short listing properties - help ensure you see only the quality ones but nothing replaces a walk through where you see the real picture. Thoughts?

Imagine touring your next potential home without having to leave your couch. Gryd.com is developing virtual reality apartment tours out of Winnipeg, and founder Jordan Billinkoff says it won’t be too long before his company expands across Canada.

10/13/2017

The traditional spike in listings after Labour Day hasn’t materialized. While buyers returned to the market after moving to the sidelines, I'm not seeing sufficient product to meet the returning demand. And I welcomed the cooling down.
There’s a lack of supply again, and as a result I see prices going up. Alot of folks pulled their properties off the market because they weren’t getting the prices they wanted, during the cool down from March to June this year. And many of them did not re-list in the fall.
The market actually picked up in August. We had more sales in August than in July which is not typical. According to the Toronto Real Estate Board, a total of 6,357 homes changed hands throughout the Greater Toronto Area in August, up from 5,921 in July.
The market has officially turned. We’ve passed the free-fall phase and the momentum has shifted. We’re no longer on a way down. We’re kind of tipping back towards a market that is closer to what it was in the past — not as competitive -but buyers are definitely back in the market, And this time coupled with more financial prudence

10/10/2017

Canada's tallest building is under construction - you heard it here first
On October 5th ground was broken on a development, as Sam Mizrahi, President of Mizrahi Developments,
declared it was full-steam-ahead for the skyscraping new complex. The One. an 82-storey condominium, hotel, and retail tower. Mizrahi stated intention is 'to create something worthy of the important location, to create something that adds to the public realm in several ways, to create something that Torontonians will be proud of.'
There have been a few changes to plans for the project since it was conceived The podium of The One will now be five storeys with three of them for retail and two for restaurants.
The retail space at the corner will be the height of two storeys with 33 foot ceilings - 8,500 sq ft uninterrupted by columns.
The sixth level will house a sky lobby for hotel guests (the next 11 floors) and for residents of condominium suites in the remainder of the tower. The top of the podium will feature a landscaped amenity terrace with pool for residents.
At ground level, wide, landscaped sidewalks and a recessed entrance to the building on Bloor allowing for enough space so pedestrians don't feel crowded.The back of the building,
will feature a living wall - creating a high quality experience for those arriving by car.
Even cooler - The building's triangular exposed frame will be highlighted by inset LEDs, - allowing the 306.3 metre-tall building to glow by night. Capable of producing any colour,
the building's lights will be able to set a mood as desired.

09/29/2017

If an individual unit has a one per cent common expense allocation, that means that the unit is responsible for one per cent of the common expenses for the entire corporation for the year, typically payable in equal monthly amounts on the first day of each month.
Often, common expenses will correspond to the square footage of a unit - larger units pay a greater amount. But, there is no requirement under the Act for this to be the case: the developer is free to set common expenses as it sees fit, and other considerations may be used to set common expense percentages (a unit on a higher floor may pay more than a unit of equivalent size on a lower floor).

The common expenses for a condominium are based on a budget that is approved by the corporation’s board of directors, often with the assistance of the corporation’s property manager. Typically, two or three months before the end of a fiscal year, the board will discuss the next year’s budget and distributes to each owner a notice setting out each unit’s contribution to the common expenses for the coming year. Typically, the amount that the corporation collects is equal to the anticipated expenses as set out in the budget, although some corporations may budget for either a slight surplus (in order to create a contingency fund, for example) or for a slight deficit (if there are surplus funds from prior years that can be used for the coming year’s operating expenses).
Different corporations include different items in the common expenses. One corporation’s common expenses might cover hydro, gas and cable television, while in another those items might all be individually metered and charged to the units.
Some of the condominium's expenses will be out of the corporation’s control (items like utilities or fixed-price service contracts), while other expenses will be variable from year to year and, to some extent, discretionary (minor maintenance and repairs).
If you have questions about how their condominium corporation spends its money, many of those questions can be easily answered. Ensure you see the annual audited financial statement for the condominium corporation, - it is provided to all of the unit owners before the annual general meeting, and about which the unit owners could have asked questions at the annual general meeting. For those owners who might not attend their annual general meeting, or for prospective unit owners who are considering purchasing a unit, the statement give a great illustration of how the condominium corporation might spend its money.