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Archives for November 2015
Custom-built house in Riverside sells in one day on market
29 Lewis St., Toronto ASKING PRICE $949,000 SELLING PRICE $943,000 PREVIOUS SELLING PRICE $285,222 (2000) TAXES $5,124 (2015) DAYS ON THE MARKET 1 The Action: Riverside had no shortage of properties available this fall, but none were similar to this custom, three-storey residence less than a five-minute walk from Queen Street shops, restaurants and […]
Hydro One IPO helps net more than expected $5B for Ontario
The Province of Ontario earned more than it expected from its recent initial public offering of Hydro One on stock markets, bringing the total financial gain to public coffers for monetizing the power utility to $5 billion — and counting. Hydro One said Thursday said the deal’s underwriters exercised their right to sell more shares […]
11 things your real estate agent won’t tell you but should
Realtors live a conflicted life. On the one hand, they are salespeople. They only make money when their deal closes. On the other hand, they are consultants. They advise buyers and sellers throughout the deal process, ideally giving their clients advice that is disinterested from their own financial outcome. Often, these two objectives are […]
Home Warranty vs. Home Insurance – Do You Really Need Both?
Whether you’re a current homeowner or prospective first-time buyer, you’re likely familiar with home insurance. You may have also heard the term home warranty. Many homeowners, new and current, confuse the two and think they are the same. In reality, a homeowners insurance policy and a home warranty are very different. Insurance is required, […]