Toronto Real Estate Office Market Tightens Further

By Thomas Cook | Published: May 12, 2012

The Colliers International’s Spring Semi-Annual GTA Office Market Report was recently released, showing an office vacancy rate that is continuing to fall – from 5.6 per cent last fall to 5.1 per cent this spring. But in downtown Toronto, the vacancy rate has decreased to 4.1 per cent, which is one of the lowest vacancy rates seen in downtown Toronto in five years. The cost of office spaces increased over the same time, from $15.77 per square foot to $16.12. … Continue reading Toronto Real Estate Office Market Tightens Further

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The Most Important Quality Required for Success

By Thomas Cook | Published: May 11, 2012

In the new book titled, “The Narrow Road”, by Felix Dennis, he wrote the following: “Providing you are of reasonable intelligence and in good mental and physical health; and are not presently incarcerated in a prison… then nothing, absolutely nothing, can stop you from becoming rich…” 

Pretty cool, don’t you think? 

This means that where you are today has no bearing on where you can be tomorrow. Your job doesn’t matter. Your income doesn’t matter. Your credit score doesn’t matter. … Continue reading The Most Important Quality Required for Success

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Toronto Condo Stats For April 2012 From The Toronto Real Estate Board

By Thomas Cook | Published: May 10, 2012

With its monthly market report, the Toronto Real Estate Board brings us plenty of new Toronto condo sales stats. While single-detached homes saw the strongest sales growth in April (an increase of 22 per cent year-over-year), condominium sales also increased year over year in both the 905 and 416 area codes. In the 416 area code, 1,534 condo apartments were sold, representing a nine per cent increase over sales in April 2011. The 905 area code also saw a nine … Continue reading Toronto Condo Stats For April 2012 From The Toronto Real Estate Board

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Market Hits New High For Average Sale Price – Year-Over-Year Increase Drops

By Thomas Cook | Published: May 9, 2012

Hi, it’s Thomas Cook from Toronto’s Real Estate Team at RE/MAX Hallmark and here is our April 2012 Toronto real estate market report. April’s average sale price again hit an all-time record high and the listing inventory is lower than historic levels. April MLS sales totalled 10,350 houses and condominiums in all the districts. This sales number was up almost 18% from one year ago and just over 19% above the average for April since the year 2000. 28% of … Continue reading Market Hits New High For Average Sale Price – Year-Over-Year Increase Drops

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Market Hits New High For Average Sale Price – Year-Over-Year Increase Drops

By Thomas Cook | Published: May 9, 2012

Hi, it’s Thomas Cook from Toronto’s Real Estate Team at RE/MAX Hallmark and here is our April 2012 Toronto real estate market report. April’s average sale price again hit an all-time record high and the listing inventory is lower than historic levels. April MLS sales totalled 10,350 houses and condominiums in all the districts. This sales number was up almost 18% from one year ago and just over 19% above the average for April since the year 2000. 28% of … Continue reading Market Hits New High For Average Sale Price – Year-Over-Year Increase Drops

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HOT Toronto Real Estate Listing: 4227 White Spruce Crt, Mississauga, Ontario

By Thomas Cook | Published: May 8, 2012

This lovely bright, sunny home is located centrally in Mississauga. The Deer Run family neighbourhood features lots of shopping and entertainment facilities, as well as parks, a community recreation centre, and more all nearby. Public transit is almost at your doorstep and you are also minutes away from the 403/410 and the GO station, with easy access to the 401 and the QEW south on Mavis. For shopping, Square One is Ontario’s largest mall, with over 360 stores and services! … Continue reading HOT Toronto Real Estate Listing: 4227 White Spruce Crt, Mississauga, Ontario

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Thinking Of Renting Out Your Home For Extra Income In Toronto?

By Thomas Cook | Published: May 8, 2012

The Toronto Star recently published a story on a “tenant from hell”, who seemed like an ideal tenant at first – before leaving a string of bounced cheques and very upset landlords in her wake. Because laws in Ontario are more designed to protect the tenant, it’s difficult to get someone evicted when they stop paying rent, and even more difficult to effectively screen a potential tenant for privacy reasons. Renting out your home for additional income is a very … Continue reading Thinking Of Renting Out Your Home For Extra Income In Toronto?

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Toronto Condo Sales Set Yet Another Record

By Thomas Cook | Published: May 7, 2012

Toronto Condo research firm Urbanation has released its report on the first quarter of 2012, reporting a record quarter for Toronto condo sales. According to the report, the 6,070 new condos sold during the quarter as well as the 338 active projects and 84,698 active units were all new record highs for the Toronto Census Metropolitan Area. The average sales per project were slightly lower than previous years however, with 18.0 sales per project compared to 18.3 sales per project … Continue reading Toronto Condo Sales Set Yet Another Record

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Cottage Season Is Fast Approaching – Thinking Of Buying A Cottage Near The GTA?

By Thomas Cook | Published: May 3, 2012

The weather in the Greater Toronto Area is finally warming up, making spending a weekend at the cottage an extremely attractive option for many. If you’re planning on buying or selling a cottage this year, there are several things to take into consideration, as cottage real estate can be different than regular homes in Toronto. Toronto Real Estate Lawyer Bob Aaron’s latest column offers a great overview of all that potential cottage buyers need to take into consideration, such as: … Continue reading Cottage Season Is Fast Approaching – Thinking Of Buying A Cottage Near The GTA?

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Landlords and Tenants, Be Careful with Social Media

By Thomas Cook | Published: April 26, 2012

The daughter of a friend of mine is in her first year at college. She’s living in a dorm room, but she and her parents are already talking about her living arrangements for next year, when she will most likely move into an apartment. As with probably most college-aged kids, the young lady has a Facebook account. Recently, her mother told me, she began deleting some posts and pictures from her account and sharing less information. She had done the … Continue reading Landlords and Tenants, Be Careful with Social Media

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