Toronto Real Estate

By Brian Madigan LL.B. That’s a good question. Prior to 1997, there was no commonly available title insurance in Ontario and yet it was the norm in the United States. Solicitor’s Opinion Traditionally, purchasers sought a title opinion from a solicitor who undertook a search of the title to the property. This included checking the chain of title as well as completing searches to determine if there were any liens or whether the property complied with zoning and building by-laws. The solicitor would express an opinion as to whether the title was “good and marketable”. A mortgagee in receipt of this opinion would advance ... Read Full Story

Neptune 1 at WaterparkCity : Toronto Condo Assignment For sale Neptune 1 at WaterparkCity is an impressive and gorgeous project in the Waterfront developed H & R Developments with Lanterra Developments and Lifetime Urban Development Group. Neptune is a 2 building complex and is a part of Waterpark city, this project along with CityPlace reflects the attractiveness of the city of Toronto and its changing face. The design has been made by award winning Page & Steele Architects Inc and Munge//Leung Interior Design . Occupancy will start in March 2010. Neptune 1 at WaterparkCity is located on approximately 640 Fleet Street. the unit model ... Read Full Story

Churchill Park Condominiums : Toronto Condos Assignments For sale Churchill Park Condominiums is new project under development by Tower Hill Development Corp. is set to be Forest Hill’s sleekest and most prestigious address. With great architecture by Quadrangle Architects Ltd. and interior design by Bryon Patton and Associates everything has been reunited to make Churchill Park Condominiums a unique place to be. Churchill Park Condominiums will be located on 330 Spadina Road in Casa Loma, this splendid tower rises at 14 floors 45 larges and luxurious suites ranging from 1500 sq ft to 3300 sq ft with either a balcony or terrace. Prices start ... Read Full Story

Urban Reality – Episode 1.2 from Yossi Kaplan on Vimeo . Check out our new video by clicking to this link: this is the second part of the show and learn about the Toronto real estate and condo market with Toronto’s Downtown expert Yossi Kaplan , Nicole Shaffer specialized in Waterfront Condos, Brian Fernlund Toronto’s mortgage expert and Louis Amaral Toronto’s independent mortgage expert. If you need more info on buying , investing in new developments , assignments , luxury condos there is no hesitation to contact us . Here some good deals : - CityPlace Parade Condo For Sale - Shangri-La Condo Assignment ... Read Full Story

By Brian Madigan LL.B. The Province of Ontario has introduced legislation to combine the eight percent Provincial Sales Tax with the five percent federal Goods and Services Tax, creating a 13 percent Harmonized Sales Tax (HST). It is proposed that the HST will come into force July 1, 2010. Purchasers of real estate will face additional taxation , including: • taxes upon certain services including moving costs, legal fees, home inspection fees, mortgage insurance premiums, title insurance, and real estate commissions (all of which were previously exempt under the PST; and, • additional taxes upon the purchase price of newly constructed homes. Application to ... Read Full Story