Gtarealtyagent
22 Slan Ave. M1G 3B2 Markham, ON, Canada

Remembering and honouring Each and Every fallen heroes who sacrificed for Humanity and Freedom in this world !! Lest we forget. #remembranceday #lestweforget www.vijaygandhi.com | www.gtarealtyagent.com

Scotiabank hikes interest rate May 08, 2018 Scotiabank has joined its Big Five banking peers in raising its benchmark fixed-rate mortgage rate.... Canada's third-biggest lender raised the posted rate for a five-year fixed-rate mortgage from 5.14 per cent to 5.34 per cent, effective Tuesday, while also increasing the posted rates for other terms. Late last month, TD Bank was the first of the Big Five lenders to raise the benchmark rate, increasing it to 5.59 per cent, due to factors including the competitive landscape, the cost of lending and management of risk. Royal Bank later raised its benchmark rate to 5.34 per cent, followed by CIBC which raised its posted rate for five-year fixed term mortgages from 4.99 per cent to 5.14. The Bank of Montreal earlier this month upped the benchmark rate slightly to 5.19 per cent. The mortgage rate increases from Canada's biggest lenders come as government bond yields rise, signalling higher borrowing costs for corporations. https://www.facebook.com/torontoproperti//1937187913259774 Source:The Canadian Press #gtarealtyagent #fundmax #centumfirst #torontopropertiesforsale

Two charts that show why January wasn’t such a bad month for the Canadian housing market after all http://news.buzzbuzzhome.com//two-charts-show-january-wasn

New rules for condos in Ontario taking effect this fall (2017) New protections for condo owners and rules for managers and directors in Ontario are taking effect this fall. Government and Consumer Services Minister Tracy MacCharles says more than one in 10 people in the province live in a condo and more than half of the new homes under construction are condos.... Starting this fall, new rules will make it easier for condo owners to participate in owners' meetings and will make it easier for them to access records of their condo corporation. Directors will have to disclose whether they are owners or occupiers of units in the building or if they have interests in contracts involving the corporation, which MacCharles says will improve governance and address conflicts of interest. Directors will also have to undergo training and there will be mandatory education requirements for condo managers applying for a general licence. Two new administrative bodies will launch this fall : -the Condominium Authority of Ontario will provide education about condo owner rights and responsibilities and will manage the tribunal that resolves disputes about access to records, and -the Condominium Management Regulatory Authority of Ontario will regulate and licence condo managers. All together condo owner are expected to see improvement in overall. Source:The Canadian Press https://gtarealtyagent.wordpress.com//new-protections-for/

LISTINGS WANTED FOR INVESTORS 1 - Commercial Building or Units with tenants. Any size, anywhere. 2 - Fixer Upper Homes on the market or not, any condition, anywhere. 3.- Hotel, Motel, Gas Station anywhere in 3Hr Drive around GTA.... Call Vijay Gandhi 647-267-6338 or email info at [email protected] HomeLife Miracle Realty Ltd. , Brokerage* www.gtarealtyagent.com Helping is what we do !! Invest - live - flip -Reinvest -Enjoy investing with us !! https://www.facebook.com/torontoproper//1724598854518682:0