Week 2 - Toronto Real Estate Market Update 2012

Jas Jagpal's Toronto Real Estate Weekly Market Update 2012

Jas discusses the following topics:

1. The Mortgage News by BMO.  BMO reduces their 5 year fixed mortgage rates by 0.5%.  Why did this occur?  TD and RBC follow with cuts to their 4 year rate.

2.  Should you stay with your variable rate or maybe fix in a 3, 4, 5, year mortgage rate?

3.  What is the market outlook for 2012?  Are prices going up or down?

4.  Why it is a great opportunity for Buyers and Sellers to buy and sell now.

5.  Is the market going to dive in 2012?  Jas doesn't think so if the first two weeks have been indicative to what we can expect.  Jas has noticed a lot of action in the market.  Lower rates are only going to further boost the buying market.

6. Scarborough Town Centre- Centro Condo Update - should you lease or sell your unit?  What are they worth?  Are the prices going to go up?  When is the best time to sell.

7.  New Condo Buying Tip! -  Clause you need in your Agreement of Purchase and Sale to save your thousands on taxes.  Also for new homes.

So you have buying, selling or investing questions?  Call and book your no-obligation, in-office consultation and get all your questions answered.

FREE SELLER CONSULTATION & CMA - Click Here 
RE/MAX Dynasty Realty Inc.  8 Shadlock St. Markham, On L3S 3K9 O: 905-471-0002
Houses: www.TeamJagpal.com  Pre-Construction Condos: www.TorontoCondoRealEstate.ca
 © 2012 Jas Jagpal, BROKER, BSc. York University

 

Posted via email from Markham Homes for Sale : Markham Condos Real Estate : Investment Pre-Construction Condos

1BR Condo - Scarborough Town Centre- Great Investment - Toronto

Newly Listed: $207,900.00

• Newly Built EQ1 Monarch Condo 2009.
• 1BR + 1WR
•  70 Town Centre Court
• Great Investment- tenanted - the tenant wants to stay beyond current lease term.
• Steps to Scarborough Town Centre, YMCA, Scarborough R.T. Line, TTC & Go Buses, Restaurants, Grocery, Banks, Hwy 401 and parks.
• South View, Floor to Ceiling Windows
• Locker
• High Demand - Prime Location
• Low Maintenance cost ~ $235/ month.  Includes Heating and CAC
• Fridge, Stove, B/I Dishwasher, Stacked Washer & Dryer, Rangehood, Light Fixtures & Window Coverings
• 24-Hr Security, Underground Visitor parking
• Amenities - Gym, Theater, Billiards, Table Tennis, Virtual Golf, Party Room, Guest Suites, Car Wash
 
To book a viewing or for more information call or email Jas Jagpal.

Or complete submission form at:  http://www.jasjagpal.com/toronto/Toronto/798196

Visit website at: www.TheTorontoCondoRealEstate.com

Posted via email from Markham Real Estate Blog

1BR Condo For Lease- Monarch EQ2 - Scarborough Town Centre

Just a heads up to anyone who might be looking to lease a Condo at Scarborough Town Centre.

1BR, 1WR, 511 Sq Feet facing East.  Immediate occupany.  12th Floor.

Great for students and those who work in the neighborhood.  Laminate flooring, Fridge, Stove, Dishwasher, Washer & Dryer.  Includes everything except Hydro.

 

Amenities at EQ1, EQ2 - 60,70 Town Centre Court Condominiums.

-  YMCA across the street
-  steps to the TTC and minutes to the 401
-  a car wash bay underground
-  sports lounge with TV
-  guests suites
-  a billiards room
-  a ping pong room with two tables
-  each building has its own party room with kitchen facilities and underground parking for residents and visitors.
-  concierge, security
-  theatre

Lease 1 Yr -  $1200/ month

© 2010- Jas Jagpal, Remax Sales Representative, jasjagpal@gmail.com ; 647-272-6629
Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com
Posted on: www.1stoprealestate.ca : www.LinkToMorningside.com: www.MarkhamBoxgrove.com

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Posted via email from Markham Boxgrove Real Estate Blog

Encore Condos- Invest at Scarborough Town Centre- Take advantage of VIP discounts

Investors and home owners are contacting me to find out the price range and what units are still left.  So  I thought I'd just update everyone at the same time.  According to Monarchs Sales Reps about 40% of the units are already sold... probably higher as that conversation took place on the weekend while buying an investor unit.

Today's conversation:

1.  Some studio units and about 10-1BR units are held for the public when it is opened up to the public.  Most 1BR and Studios are sold.

2.  1Br + Den units - there is only 1 South unit and a few West units left.  North and East there are plenty still to sell.  The reason being they are facing the EQ1 Condo building and Centro Condos currently under construction.

3.  2BR + 2WR - SW facing - last time I heard they were sold out.  I've bought a couple and sold a few myself.  If you are seriously interested I can sell one of my units to you.  Must be purchased by April 13th.

4.  2BR + Solarium - SE facing- there are plenty units left.

In a nutshell if you are thinking of investing at Scarborough Town Centre then you need to act fast.  The VIP sale discounts have been extended... if you want to take advantage of them contact me ASAP... plus get a complete price list, unit layouts and worksheet to complete to get access to the discounts.

Prices:  Studio – from $139K,  1 Bedroom – from $190K,  1 Bedroom + Den/ Solarium – from $245K, 2 Bedroom – from $327K, 2 Bedroom + Solarium – from $354K

Read my previous blogs:  1. Running the Numbers "Monarch Encore Condos" Investment Opportunity and 2. Exclusive Condo - 39 Floor Beauty at Scarborough Town Centre - Encore at Equinox to get background and Investing Information.

Contact: Jas Jagpal, Remax Sales Representative E-mail: jasjagpal@rogers.com  C: 647-272-6629 

 

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