Monday, May 31, 2010

New Tridel Condos To Invest In.... & GET VIP DISCOUNTS

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos Real Estate: http://www.JasJagpal.com

Tridel's West Village - Phase 2 is being Sold... just off of HWY 427 and 401 in Etobicoke.
In total there will be 4 condos built in this complex.

Tridel's repuation for quality and high resale prices is always a great investment.

If you are interested in investing or know someone who is, have them give me a call at 647-272-6629 or email: jasjagpal@gmail.com and I can help them to get first choice on suites before it goes public plus a VIP discount.

Deposit Structure:
5% on signing;  5% in 90 days; 5% in 180 days; 10% due on occupancy Fall/Winter 2013.

Prices start at $229K.

VIP -Grand Opening Incentive is: -$3,000 for 1Bed and 1Bed+Den and -$5,000 for 2Beds


For all your real estate needs call Jas Jagpal at: 647-272-6629 or email: jasjagpal@gmail.com

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos
Toronto Real Estate – http://www.jasjagpal.com

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Sunday, May 30, 2010

Second Suites in Toronto - Legal as long as they meet fire and building codes

 

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos Real Estate: http://www.JasJagpal.com

 

From Toronto Real Estate Board Website

Second Suites in Toronto

In an effort to increase the supply of affordable housing, Toronto City Council passed a by-law last year that legalized second suites, also known as accessory apartments.

As a result, second suites are now legal in the City of Toronto in all single family and semi-detached homes, providing they meet certain criteria, including fire and building codes (see below for details).

Following is a list of frequently asked questions regarding the legalization of existing second suites and the creation of new second suites in the City of Toronto. This background information was adapted from information provided by City of Toronto planning staff. For legal and zoning information on second suites in other Greater Toronto Area municipalities, please contact your local planning department.



FREQUENTLY ASKED QUESTIONS:

What is a second suite?

A second suite is a self-contained unit (rental or rent-free) in a single-detached or semi-detached house. Most second suites are basement apartments. They have also been called granny flats, in-law suites and accessory apartments.

Are second suites new?

No! In the past, second suites were permitted in some areas of the City (York, East York, and parts of former Etobicoke, North York and Toronto). Some parts of the City have had a long experience with this form of housing. As well, provincial legislation, in force between July 1994 and November 1995, allowed for the creation of second suites in all areas of the province.

Why has it taken a year for the City's second suites by-law to come into effect?

In July 1999, City Council adopted the second suites by-law. This by-law was appealed to the Ontario Municipal Board (OMB) by a number of residents' groups and individuals. The OMB held a hearing on the appeals in February 2000. The OMB issued a decision in April approving the City's by-law but directed that two amendments be made. The amendments dealt with: (1) parking provisions in some neighbourhoods in the former Toronto, and (2) building alterations.

The final by-law was approved by Order of the OMB on July 6, 2000. As a result of the Order, the second suites by-law (including the amendments) is now in effect.

Where are second suites permitted in the City?

The new by-law permits second suites in all single-detached and semi-detached homes throughout the new City of Toronto -- with certain conditions.

What are some of the conditions that apply to second suites?

Some of the conditions include:

  • the second suite must be self-contained with its own kitchen and bathroom.

  • the house, including any additions, must be at least 5 years old;

  • the floor area of the second suite must be smaller than the remaining unit;

  • in most cases, homes with a second suite must have at least 2 parking spaces and parking can be in tandem (one behind the other). There is an exception for parts of the former City of Toronto (R2, R3 and R4 districts) where only 1 parking space is required for a house with a second suite. Please contact the City of Toronto's Urban Planning and Development Services Department to determine if a property is located in a R2, R3, or R4 district.

  • Before planning any changes to the outside appearance of a dwelling the homeowner should contact the City of Toronto's Urban Planning and Development Services Department; and

  • all new second suites must comply with the Ontario Building Code and require a building permit. Existing second suites must comply with the Fire Code as well as zoning and property standards.

How can I find out if an existing second suite complies with the regulations?

The unit will have to be inspected by Fire Department staff. There is a fee for the inspection and you may be required to upgrade the suite to meet the code requirements and other standards. Contact the City's Urban Planning and Development Services Department for more information (see phone numbers below).

Does the City provide grants or loans to encourage the creation of second suites?

There is currently no grant or loan program for second suites. The City is discussing the potential for a program with senior levels of government. TREB's Government Relations staff is monitoring this initiative and will inform members if the City implements a program.

Will a second suite impact property taxes?

In most cases, there will be little impact on property taxes. A major exception would be where the second suite is created by constructing an addition, thereby significantly adding to the value of a house.

For specific zoning, property standards, or fire and building code questions please contact the City of Toronto's Urban Planning and Development Services Department:

 

 

East York

(416) 397-4591

Etobicoke

(416) 394-8055

North York

(416) 395-7000

Scarborough

(416) 396-7071

Toronto

(416) 392-7522

York

(416) 394-2535

 

For all your real estate needs call Jas Jagpal at: 647-272-6629 or email: jasjagpal@gmail.com

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough  Town Centre Condos
Toronto Real Estate – http://www.jasjagpal.com

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Toronto Real Estate Board

http://www.torontorealestateboard.com/consumer_info/gov_programs/suite_qa.htm

 

 

Posted via web from 20percent's posterous

Wednesday, May 19, 2010

Toronto (GTA) Mid-May Resale Market Update

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos Real Estate: http://www.JasJagpal.com

 

GTA REALTORS® Report Mid-Month Resale Housing Figures


TORONTO, May 19, 2010 - Greater Toronto REALTORS® reported 4,887 sales

through the Multiple Listing Service® (MLS®) during the first two weeks of May.

This represented a seven per cent increase compared to the 4,561 sales recorded

during the same period in 2009. New listings increased by 48 per cent annually to

10,059.

 

“The average household looking to purchase a home continued to benefit from

affordable opportunities in the first half of May,” said Toronto Real Estate Board

President Tom Lebour.

 

"The number of done deals will remain high for the remainder of 2010, but will dip from

record levels.”

 

The average price for May mid-month transactions was $448,641 – up 12 per cent

compared to the average of $399,811 recorded during the first 14 days of May 2009.

 

"The total number of homes currently listed in the GTA is now within a more normal

range. As buyers benefit from more choice in the second half of 2010, average selling

prices will grow at a slower pace," said Jason Mercer, TREB's Senior Manager of

Market Analysis.

 

 

For all your real estate needs call Jas Jagpal at: 647-272-6629 or email: jasjagpal@gmail.com

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough  Town Centre Condos
Toronto Real Estate – http://www.jasjagpal.com

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Saturday, May 8, 2010

Toronto April Real Estate Market Update: Record Number of Buyers and Sellers

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos Real Estate: http://www.JasJagpal.com

TORONTO, ONTARIO - May 5, 2010 -- Greater Toronto REALTORS® reported 10,898 sales through the Multiple Listing Service® (MLS®) in April, representing a 34 per cent increase compared to April 2009. There were also 20,683 new listings in April - a 59 per cent annual increase. Both the sales and new listings results amounted to new records for the month of April under the current Toronto Real Estate Board (TREB) boundaries.

"The GTA resale market is functioning properly. Sales were high as buyers continued to take advantage of affordable home ownership opportunities. Listings grew as home owners reacted to strong sales and price growth," said Toronto Real Estate Board President Tom Lebour. "More balanced market conditions will result in sustainable rates of annual price growth in the second half of 2010."

The average price for April transactions was $437,600 - up 13 per cent compared to the average of $385,641 recorded in April 2009.

"Home sales continue to be driven by many different segments of the market, with sales growth for all major home types in both the City of Toronto and surrounding 905 regions," said Jason Mercer, TREB's Senior Manager of Market Analysis. "Home sales will remain strong in the second half of 2010, but will slip from the current record pace as borrowing costs rise."

Median Price
In April, the median price was $373,000, from the $330,000 recorded during April of 2009.

 

 

SEE FULL REPORT

 

For all your real estate needs call Jas Jagpal at: 647-272-6629 or email: jasjagpal@gmail.com

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough  Town Centre Condos
Toronto Real Estate – http://www.jasjagpal.com

Posted on: www.1stoprealestate.ca, www.linktomorningside.comwww.markhamboxgrove.com

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Toronto April Real Estate Market Update: Record Number of Buyers and Sellers

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos Real Estate: http://www.JasJagpal.com

TORONTO, ONTARIO - May 5, 2010 -- Greater Toronto REALTORS® reported 10,898 sales through the Multiple Listing Service® (MLS®) in April, representing a 34 per cent increase compared to April 2009. There were also 20,683 new listings in April - a 59 per cent annual increase. Both the sales and new listings results amounted to new records for the month of April under the current Toronto Real Estate Board (TREB) boundaries.

"The GTA resale market is functioning properly. Sales were high as buyers continued to take advantage of affordable home ownership opportunities. Listings grew as home owners reacted to strong sales and price growth," said Toronto Real Estate Board President Tom Lebour. "More balanced market conditions will result in sustainable rates of annual price growth in the second half of 2010."

The average price for April transactions was $437,600 - up 13 per cent compared to the average of $385,641 recorded in April 2009.

"Home sales continue to be driven by many different segments of the market, with sales growth for all major home types in both the City of Toronto and surrounding 905 regions," said Jason Mercer, TREB's Senior Manager of Market Analysis. "Home sales will remain strong in the second half of 2010, but will slip from the current record pace as borrowing costs rise."

Median Price
In April, the median price was $373,000, from the $330,000 recorded during April of 2009. 

 

SEE FULL REPORT

 

For all your real estate needs call Jas Jagpal at: 647-272-6629 or email: jasjagpal@gmail.com

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough  Town Centre Condos
Toronto Real Estate – http://www.jasjagpal.com

Posted on: www.1stoprealestate.ca, www.linktomorningside.comwww.markhamboxgrove.com

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Happy Mothers Day - Poem - 2010

Friday, May 7, 2010

O Canada - HST Version - SING IT & WIN $100 TAX FREE! :)

Everyone submit your videos!  Sing HST version of O Canada and Win $100 CASH
Second & Third Place winners get $50 each.

Winner will be selected on Canada's Birthday - yes  the same day GST & PST give birth to HST! :) in Ontario.

Upload your videos to YouTube and email me your links at: jasjagpal@rogers.com

Thank you for particpating and sharing this with your friends.  Be creative! Be original! 

Best of luck!  Jas Jagpal


 
The official words of O Canada - HST
 
O Canada 
Our Home & Taxation Land!
True Liberal Love with all Conservative commands
 
With gleaming hearts we salute thee rise
to generous tax policies......!
 
From Coast to Coast
O Canada, we stand and cry in glee...
 
God keep our land free from HST!
O Canada, we stand and cry in glee...
 
O Canada, we wake up toooooooo..... baby HST!
 

For all your real estate HST enquiries call Jas Jagpal, Remax Dynasties resident vocalist :-)

C: 647-272-6629 or email: jasjagpal@gmail.com

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough  Town Centre Condos
Toronto Real Estate – http://www.jasjagpal.com

Posted on: www.1stoprealestate.ca, www.linktomorningside.com, www.markhamboxgrove.com

Posted via email from Markham Boxgrove Real Estate Blog

O Canada - HST Version - when Liberals & Conservatives meet in Vegas - by Jas Jagpal

Smile :)  We're all screwed on Canada Day!    Lets sing our new HST National Anthem!  Folks I love this country but isn't it ironic they want to screw us on Canada Day! :)  And since we're going to pay up anyways...  lets have fun singing it. :)

O Canada 
Our Home & Taxation Land!
True Liberal Love with all Conservative commands

With gleaming hearts we salute thee rise
to generous tax policies......!

From Coast to Coast
O Canada, we stand and cry in glee...

God keep our land free from HST!
O Canada, we stand and cry in glee...

O Canada, we wake up toooooooo..... baby HST!

For all your real estate HST needs call Jas Jagpal the true professional :-)

C: 647-272-6629 or email: jasjagpal@gmail.com

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough  Town Centre Condos
Toronto Real Estate – http://www.jasjagpal.com

Posted on: www.1stoprealestate.ca, www.linktomorningside.com, www.markhamboxgrove.com

Posted via email from Markham Boxgrove Real Estate Blog

Wednesday, May 5, 2010

Comedy: Ask Celebrity Vivica A. Fox How to Buy a Home in Markham Boxgrove - Jas Jagpal

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos Real Estate: http://www.JasJagpal.com

It's worth the 3 minutes... especially if you are a mortgage broker.:)

Vivica A. Fox Explains How To Buy A Home.

 

For all your real estate buying needs call Jas Jagpal the true professional :)

647-272-6629 or email: jasjagpal@gmail.com

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough  Town Centre Condos
Toronto Real Estate – http://www.jasjagpal.com

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Real Estate Comedy - enjoy these REAL listings with Ellen De Generes! Jas Jagpal

I'd like to list a few of these :-)
Jas Jagpal,  Remax Dynasty- 647-272-6629
Morningside Heights, Markham Boxgrove Real Estate - – http://www.jasjagpal.com

Posted via web from Markham's #1 Real Estate Blog