Etobians, First timers get your rebate on Land Transfer tax

As a first time buyer in Toronto for a home purchase you are eligible for a rebate of up to $3725.00 equivalent to the Land Transfer Tax payable on a $400,000 property. Of course its a Government Program and here are the details.
Read all about it.
http://www.torontorealestateboard.com/consumer_info/gov_programs/ltt.htm

For more information please contact: Kathy Gordon Sales Representative RE/MAX Professionals Inc., Brokerage 270 The Kingsway Suite 200, Toronto, Ontario M9A 3T7 BUS (416) 236-1241 FAX (416) 231-0563 E-MAIL kathy@etobicokehomes4sale.com Website: etobicokehomes4sale.com

Women and Wealth Are you worried about a Bubble?

Here is a great article giving a fresh perspective on our Real estate market and whats all this is about a bubble. If you are concerned about what to do with your mortgage and you just purchased a home I think this answers your concerns.
http://bit.ly/9vMdAk .



For more information please contact:Kathy Gordon Sales Representative RE/MAX Professionals Inc., Brokerage 270 The Kingsway Suite 200, Toronto, Ontario M9A 3T7 BUS (416) 236-1241FAX (416) 231-0563 E-MAIL kathy@etobicokehomes4sale.comWebsite: etobicokehomes4sale.com

Our Fan Page Launch

We are launching our new Facebook Fan Page for you to follow. Just click here and join us.

The gallery will feature fresh new ideas and technologies to help your home or condo search or sale.

For more information please contact:Kathy Gordon Sales Representative RE/MAX Professionals Inc., Brokerage 270 The Kingsway Suite 200, Toronto, Ontario M9A 3T7 BUS (416) 236-1241FAX (416) 231-0563 E-MAIL kathy@etobicokehomes4sale.comWebsite: etobicokehomes4sale.com

Featured Listing Olde Mimico

OPEN HOUSE

Heres a link to a quick commercial on 45 Central Street!

For more info on the Mimico neighbourhood watch this.

For more information please contact:

Kathy Gordon
Sales Representative
RE/MAX Professionals Inc., Brokerage
270 The Kingsway Suite 200, Toronto, Ontario M9A 3T7

BUS (416) 236-1241
FAX (416) 231-0563
E-MAIL kathy@etobicokehomes4sale.com
Website: etobicokehomes4sale.com

Homes For Sale in Etobicoke Ontario

Homes For Sale in Etobicoke


For more information please contact:

Kathy Gordon
Sales Representative
RE/MAX Professionals Inc., Brokerage
270 The Kingsway Suite 200, Toronto, Ontario M9A 3T7

BUS (416) 236-1241
FAX (416) 231-0563
E-MAIL kathy@etobicokehomes4sale.com
Website: etobicokehomes4sale.com

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Did you know?

Your home reno dollars for the tax credit is a better investment than the RRSP return. For your retirement savings to get a marginal tax rate of 30% you would need an investment of $4500.00 to achieve the return you will get from your $1-10,000 renovation and your home won't look as pretty.

You will have to be completed by January 31 2010 and have made eligible home improvements.

Renovating a Kitchen bathroom or basement.

Windows Doors new Carpet or hardwood floors

Central Air Conditioning

Electric wiring, Solar Panels,

New furnace , Wood stove

Painting Interior or Exterior of house

And Associated costs for Installation and services thereof.

So lets get cracking. The Interest rates are great, the HST is not in effect as of yet and the governments giving you a subsidy.

For more information please contact:

Kathy Gordon
Sales Representative
RE/MAX Professionals Inc., Brokerage
270 The Kingsway Suite 200, Toronto, Ontario M9A 3T7

BUS (416) 236-1241
FAX (416) 231-0563
E-MAIL kathy@etobicokehomes4sale.com
Website: etobicokehomes4sale.com

Etobicoke Condo Townhouse vs.Freehold Townhome

Here is the information you need to get an idea of what is happening in Condos and Townhomes in Etobicoke.

Etobicoke is divided into 5 districts starting at Lake Ontario all the way up to Steeles Avenue. They number as W6,7,8,9 and 10. I have maps on my newsletter at the home site to show you the borders of each district.

W6 stats from the Lake and goes north to the QEW.
The market is divided into three categories that are the types of Condos. Agents list them as Condo apartments, Condo Townhomes and Freeholds (not a Condo) but similar in concept. The difference between these Condos and freeholds lies in the Maintenance fees and the Insurance premiums primarily.

I have found is that maintenance fees must be voted on by the board of directors and then the owners must ratify any increase. Normally, maintenance fees would only go up by 1 to 5% at about the most.
With the newer complexes they are fixed for the first 3 years and then escalate very slowly. The status certificate is a document that shows current and future budgets and will indicate any potential increase in maintenance fees over the next year and sometimes longer. Just depends on the range of the future budget.
Low maintenance fees would be in the range of about $90 to $175. I would think that higher maintenance fees are in the range of $250 and up. There are many complexes in Etobicoke and surrounding areas that have low maintenance fees.
Also, the maintenance fee covers grass cutting, snow shoveling, garbage removal, common area lighting etc. Most important it covers your building insurance. Thus, you require less property insurance as you only need to insure your contents. I would say that you would save about $200 from your insurance premium in a condo townhouse versus a freehold townhouse, maybe more.

Now in W6 27 Condo Apartment sold , 18 1bed, 8 2bed and 1 3bed for an average sold price of $297,041. On average it took 50 days to sell them.
5 Condo Townhouses Sold 2 2 bed, 3 3bed for an average of $383,800 taking 44 DOM(days on market).
5 freeholds sold 1 2bed, 3 3bed and 1 4bed average $375,600 DOM 25.
It takes almost half the time to sell a Freehold than a townhome or apartment largely due to the number of units available.

Call me to find out the stats in your District. I will be happy to forward them to you.
For more information please contact:

Kathy Gordon
Sales Representative
RE/MAX Professionals Inc., Brokerage
270 The Kingsway Suite 200, Toronto, Ontario M9A 3T7

BUS (416) 236-1241
FAX (416) 231-0563
E-MAIL kathy@etobicokehomes4sale.com
Website: etobicokehomes4sale.com

March Homeservicing

Hello from Fabulous Etobicoke,

Recently I joined an excellent Association I would like to share with you. Not only were they able to help me with my appliances better than their manufactures they send out a very imformative newsletter with all sorts of tips and features to help you maintain your home . There are lots of discounts on all sorts of home services. Best of all is the association and its membership who have searched out and supply you with reputable repair and service companies that are so hard to find. Trying to pick out a company from the Yellow pages or Google is very difficult when your basing it upon the size of their ad which does not necessarily equate with the quality of their work. Just tell them you know Kathy and join our association.

They have been around for a long time and as you read about them you will see they have a large network of service providers ready to help. I was most impressed when the manufacturers of my appliances were not able to provide a service window for my needs. in some cases they were not able to show up to just diagnose the problem fro three weeks. Homeservice Club suppliers were there to diagnose and order the part and repair the unit all within a week. If you have had this problem before you know how frustrating this process can be. Another feature is setting up a warranty on all your appliances and this saves a lot of time with regards to warranties and serial numbers etc. that the manufactures will require after you wait for a response from them whether online or by phone. The Call Centres are somewhere usually in the States. Many of their suppliers are service dealers for these appliances so if the warranties are valid they can do the work for you. This saves all kinds of time but you must get the serviceman to speak with the manufacture to get this kind of authorization. All this needs to be done prior to an occurrence otherwise you will inevitably get caught up in a very time consuming process. This can drive you crazy. With Homeservice you can set this up with them at your leisure and when and if anything happens(usually at Easter or Christmas when the gathering is festive)and all it takes is a call.

Check out the monthly checklist. Its benefits those wonderful To Do lists we love to give our significant others.

For more information please contact:

Kathy Gordon
Sales Representative
RE/MAX Professionals Inc., Brokerage
270 The Kingsway Suite 200, Toronto, Ontario M9A 3T7

BUS (416) 236-1241
FAX (416) 231-0563
E-MAIL kathy@etobicokehomes4sale.com
Website: etobicokehomes4sale.com

Etobicoke February 2009 Market Stats by Map W08

Heres a quick look at what happened last month in the area on the map known as W08 District in Etobicoke.











W08 Solds Bedrooms Average Price DOM

2-3storey 13 8-4bed 826,077 62
4-3bed
1-6bed
1 1/2 storey 2 1-4bed 422,500 33
1-3bed

Bungalows 15 11-3bed 725,600 40
3-4bed
1-2bed
Semi-detached 1 1-4bed 375,000 22


Total 31


For the complete report including market indicators, charts, price range graphs, and a breakdown of all Etobicoke districts go to:

http://www.etobicokehomes4sale.com/newsletter/Etobicoke-Real-Estate-Newsletter-March-2009.htm