Alex Sandoval
7240 Woodbine Avenue, Suite 103 L3R 1A4 Markham, ON, Canada

Via CBC News -- #BuyerBeware #SyndicatedMortgage -- "120 investors likely lost $9M in syndicated mortgages tied to convicted fraudster: Chinese investors in the Greater Toronto Area say they were told the investments were safe and secure. The loan would be part of a syndicated mortgage, which is when a borrower finds more than one private lender to invest money in a property instead of going to the bank. In this case, the borrower was Black Bear Homes, a developer in Fort Erie, Ontario. Most of the projects involved renovating or building houses or townhomes in the Crystal Beach, Ontario community on Lake Erie."

Via Global News -- Farah Nasser: "As Toronto continues to deal with a red-hot housing market, we crunched the numbers to see how much you need to make to own a home in Toronto. Farah Nasser has more." glbn.ca/2ytG1E Very informative piece. Keep in mind this is only the bare minimum you will need to be able to afford a detached home in Toronto at current market prices.

#SellingAHome #BuyingAHome #RealEstate #BuyingAHouse #Pickering #Ajax #Whitby #Scarborough #CityOfTO #TREB #HomeLife #OREA -- Via The Globe And Mail: "How a French twist on a Toronto semi drew a $331,200 over-asking bid" Thinking of selling? Doing some renovations before you sell might give you more bang for your buck! #CallMe

Via Z103.5 // Alma Latina - Online Magazine -- Great news for cottage country visitors to the East: "The New 407 Extension Opens Today And It’s Free Until 2017: The first phase of the 407 extension opens today (June 20) from Brock Rd. in Pickering to Harmony Rd. in Oshawa. Also opening today is Highway 412 (a 10 km north-south highway that connects Highway 407 to Highway 401). As a bonus, the new stretch of the 407 ETR will be toll-free until the end of the year."

Via Alma Latina - Online Magazine -- #DurhamRegion #GoTransit -- "Ontario is extending GO Transit's Lakeshore East rail corridor to offer new GO train service from Oshawa to Bowmanville. Extending the GO train network by nearly 20 kilometres and building four new stations will give people in Durham more transit options and help drive economic growth and job creation. The four new stations will be at Thornton Road in Oshawa, Ritson Road in Oshawa, Courtice Road in Courtice and Martin Road in Bowmanville. The new GO rail service is expected to begin by 2023-24."