From time to time the Fire Code has new portions taking affect. This time a new portion comes into effect, pertaining to properties having a Fire Escape, and it comes into effect November 21, 2008.
Fire escapes 9.5.3.7
1) Each fire escape used as an exit shall be in accordance with ARticles 3.4.7.2., 3.4.7.3., 3.4.7.5. and 3.4.7.6. of the 1990 Building Code.
2) Where a fire escape serves any ...
One of the multitudes of benefits from working with a registered real estate broker or salesperson is that your deposit is protected. It is a requirement that all registered real estate brokers and salespeople in Ontario participate in a mandatory insurance program that includes consumer deposit insurance. This consumer deposit insurance protects you in the event of fraud, misuse of funds ...
Low interest rates were a big reason why the real estate boom lasted as long as it did. And, the good news is, they have not changed much. Buyers now have a lot of listings to choose from and can still take advantage of low interest rates. Canada Mortgage and Housing Corp. predicts interest rates will likely remain within 25 to 50 basis points of their current levels into the first half of 20 ...
It's more than just location, location, location when buying a condo. Certain rules and regulations set out in the condominium's documentation may surprise you. When buying a condo, ask the following questions:
• What are the rules about the number of people who can live in the unit?
• Can I rent out my unit?
• What percentage of units are rented out
• Can I have pets?
• Can I operate a ...
Here is the link to our new Johnston & Daniel Division blog website http://muddyyork.com/ with lots of current Real Estate related news and information.
| TERM | POSTED | OUR RATES* |
| 6 Month | 5.90% | 5.90% |
| 1 Year | 5.60% | 4.00% |
| 2 Year | 6.25% | 4.94% |
| 3 Year | 6.25% | 4.75% |
| 4 Year | 6.09% | 4.69% |
| 5 Year | 6.75% | 4.79% |
| 7 Year | 7.20% | 6.10% |
| 10 Year | 7.55% | 6.25% |
| Variable Rate | 4.10% | |
| Prime Rate | 3.50% | |
* Rates may vary provincially and are subject to change without notice.
Rates Last Updated: Thursday, January 15, 2009
TREB Members reported 2,577 sales in December 2008, compared to the 4,646 recorded during the same month in 2007, and the 4,447 recorded in December 2006, TREB President Maureen O'Neill announced today.
"Sales for the whole of 2008 were 74,552, compared to the 93,193 recorded in 2007, and the 83,084 recorded during 2006."
The average price in December of 2008 came in at $361,415, compared ...