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Terrific two bedroom semi near Leslieville - great neighbourhood with nice parks

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Toronto Hits Number Two For Real Estate Sales in 2011

Hot New Toronto Real Estate Listing: 2 Rean Dr.

December 11th, 2011 • By: Thomas Cook Home Buying In Toronto, Listing

2 Rean Dr. #1908, Toronto, Ontario

$346,800
1 Bedroom
2 Full Bathrooms

The breakfast bar at 2 Rean Drive.

Our latest Toronto Real Estate Team Listing is a south-facing, open concept one bedroom condo with a den and solarium, but the den is easily large enough to become a second bedroom and can be made more secluded thanks to its French doors.

The kitchen is spacious and comes with a beautiful granite counter top and breakfast bar.

The building’s amenities include a pool gym, virtual golf, movie theatre, billiards and more.

Comes with the following extras:
Elfs, Fridge, Stove, Microwave, Dishwasher, Washer, Dryer.

Available for sale:
Both wardrobes, Computer desk in solarium, Buffet table and Surround sound speakers (already mounted).
For more photos, visit this Toronto Real Estate Listing here.

Toronto Home Sales Expected To Be Second Best Ever

December 9th, 2011 • By: Thomas Cook Toronto Real Estate News And Trends

November MLS sales totalled 7,092 houses and condominiums in all the districts.  This sales number was barely changed from October and came in as the 3rd best November in TREB history.

Sales for the first eleven months of this year totalled just over 87,000 homes… on track to have an annual sales result of over 91,000.  That would make 2011 clearly the 2nd best year for sales in the Toronto Real Estate Board’s history after 2007.

Take a look at the November Toronto real estate market report and see what’s happening in our local real estate market!

 

Toronto Land Transfer Tax Discussed At City Budget Meeting

December 9th, 2011 • By: Thomas Cook Home Buying In Toronto, Toronto Real Estate News

This week, the Toronto Real Estate Board made a presentation to the City Hall’s Budget Committee about repealing the Toronto Land Transfer Tax.

The presentation was made based on a recent poll conducted by the Toronto Real Estate Board, which asked Torontonians about their feelings on the Land Transfer Tax:

- 65 per cent supported its repeal, while 57 per cent still supported its repeal even after considering the city’s current budget issues.

One of Mayor Ford’s campaign promises was to repeal the Land Transfer Tax, which according to the Toronto Real Estate Board adds about $6,000 on average to the price of buying a home.

“TREB supports the recommended 2012 Budget because it continues the process of bringing fiscal sustainability back to City Hall,” said a written release from Richard Silver, the president of the Toronto Real Estate Board. “However while we support the direction of this Budget, we are pointing out that it does not begin the process of fulfilling Mayor Ford’s commitment to repeal the Toronto Land Transfer Tax in 2012. This is a commitment that is strongly supported by Torontonians.”

Housing activity in the Greater Toronto Area is currently stable, but the Toronto Real Estate Board is still worried about the effects of the Land Transfer Tax.

In addition to the Toronto Land Transfer Tax, Ontario residents also have to pay Ontario land transfer taxes that are about $5,000 on average.

What are your thoughts on the Toronto Land Transfer Tax?

What Does A Toronto Real Estate Agent Bring To The Table?


A very recent survey conducted on behalf of the Ontario Real Estate Association has found that few home buyers or home sellers in Ontario realize the full extent of the services their real estate agent is able to provide. Real estate agents might surprise you with some of the different aspects of home buying, home selling and home ownership that are covered in their education.

Toronto Real Estate

Don't hesitate to ask your Toronto real estate agent any questions you may have.

For example, only six per cent of those surveyed were aware that their real estate agent has been educated in family law matters pertaining to home ownership, and only 10 per cent realized their real estate agent was trained in environmental issues. In addition, only half of those surveyed realized their real estate agent undergoes continuing education, and only 70 per cent knew about the code of ethics that real estate agents have to abide by.

The Ontario Real Estate Association recommends asking your real estate agent questions that are specific to your situation and not hesitating – they should be able to answer them. Situation-specific questions can include questions about needing a spouse’s approval to sell if a divorce may be on the horizon, whether a permit is needed to cut down trees on the property or what can legally be done with a parent’s home if they are in a care facility.

In addition to questions specific to your own situation, there are plenty of other questions you should feel free to ask your real estate agent according to OREA, including:

  • How long have you been in the business?
  • How will your marketing plan meet my needs?
  • What separates you from your competition?
  • What haven’t I asked you that I need to know?

Being A Good Toronto Neighbour

December 2nd, 2011 • By: Thomas Cook Home Buying In Toronto

Being a good neighbour builds stronger communities and gives your neighbourhood a better sense of “home”. If you’ve just moved into a new home, try actively building a great neighbourhood by keeping a good relationship with your neighbours – and remember, being a neighbour isn’t just about living next door to one another.

Toronto Real Estate Handshake

Good neighbours can become lifelong friends - no matter where your life takes you.

Nearly everyone appreciates their privacy, and some people aren’t too keen on having their neighbours know all of their business. But being a good neighbour is beneficial and  can help keep your home safe, and makes it easier when tough issues can arise.

For example, if you go away on vacation and don’t have a friend or family member near by to check on your house, your neighbour can keep a watchful eye over it while you’re gone – if you’re friendly with them. In addition, when the neighbour’s construction contractors accidentally damage your adjacent property or their dog is barking loudly and often, it will be much easier to resolve the issue if you are on good terms.

If you haven’t taken the time to get to know your neighbours yet, try inviting them to a potluck, or mentioning how much you love their landscaping or gardens. These small steps can help to slowly build a good rapport with your neighbours and make them more likely to pay attention when it comes to suspicious activity around your home.

Of course, being nice to your neighbours isn’t just about creating a friendly atmosphere around your home that can protect it if something goes wrong – it can also result in strong, life-long friendships for you and your children.

Do you have a happy neighbour story? Share it in the comments!

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