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Condominium For Sale | 31 Four Winds Drive, Toronto, Ontario | $164,900 | Tancredi Team

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Condominium For Sale | 31 Four Winds Drive, Toronto, Ontario | $164,900 | Tancredi Team.

 
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Posted by on July 16, 2012 in Uncategorized

 

JUST LISTED | Residential For Sale | 46-365 Murray Ross Parkway, Toronto, Ontario | $384,900 | The TANCREDI Team

JUST LISTED | Residential For Sale | 46-365 Murray Ross Parkway, Toronto, Ontario | $384,900 | The TANCREDI Team

Gorgeous 1,316 Square Feet Designer Town With $47,500 in Upgrades Including: 3 1/4′ Cherry Stained Hardwood Floors, Matching Cherry Stairs, Rails And Pickets. Upgraded Kitchen With Tumbled Travertine Backsplash, Upgraded Berber Broadloom on 2nd Level, Smooth Ceilings, Crown Mouldings, Oversized Baseboards

Extras Included: California Shutters Throughout, Pot Lights in Living Room, All Electrical Light Fixtures,Fridge, Stove, B/I Dishwasher, B/I Microwave, Central Air, Rough-In Central Vacuum, Rough-In Security System, Garage Door Opener with Remotes, Walk To New Finch Subway Station and York University, Great Potential!

Location
Address: 365 Murray Ross Pkwy Suite#: 46
City: Toronto Province: Ontario
Postal Code: M3J 3T7 Country: Canada
Area: Toronto MLS Listing #: W2382043
Community: York University Heights
Financial
List Price: $384,900 (For Sale) Taxes: $2,651 For 2012
Maintenance Fees: $245/Monthly
Details
Type: Condo Townhouse
Condominium
Year Built: 0-5
Size: 1200-1399 Bedrooms: 3
Bathrooms: 3 Basement: None
Garage: Built-In
2 space(s)
Features
Exterior:
Brick Board/Batten
Sewer/Water System:
Water Included
Lot Features:
Park Public Transit
Extra Features:
Pets Allowed Common Elements Included
Parking Included
 
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Posted by on June 4, 2012 in Listings, Real Estate

 

Residential For Sale | 7562 Saint Barbara Blvd, Mississauga, Ontario | $674,900 | Tancredi Team

Residential For Sale | 7562 Saint Barbara Blvd, Mississauga, Ontario | $674,900 | Tancredi Team.

This Home Has It All! Hardwood Floors, Granite Counters, Valance Lights, Interior And Exterior Pot Lights, 9Ft Ceiling, Gas Fire Place, 2 Built In Ovens, Built In Gas Stove, Double Door Fridge, Dishwasher, Wine Cooler Built Into The Island All Top Tier Ss Appliances. 4 Bedrooms With 3 Having Ensuite Washrooms. Front Load Heavy Duty Washer And Dryer, Hardwood Stairs, Hardwood Upper Hallway, Access To Garage From Inside, Walk Out To A Large Deck From Breakfast

Location
Address: 7562 Saint Barbara Blvd
City: Mississauga Province: Ontario
Postal Code: L5W 0B7 Country: Canada
Area: Peel
Community: Meadowvale Village
Financial
List Price: $674,900 (For Sale) Taxes: $4,379.88 For 2012
Details
Type: Detached
Residential
Bedrooms: 4
Bathrooms: 4 Basement: Full
Garage: Attached
Features
Interior:
Fireplace
Exterior:
Brick Stone
Board/Batten
Highlights

Fridge, Built In Oven, Built In Gas Stove Top, Dishwasher, Wine Cooler, All Window Coverings, All Electrical Light Fixtures. Rough-In For Central Vac, A/C

 
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Posted by on April 19, 2012 in Listings

 

Condominium For Sale | 20 Olive Ave E, Toronto, Ontario | $271,800 | Tancredi Team

Condominium For Sale | 20 Olive Ave E, Toronto, Ontario | $271,800 | Tancredi Team.

*Absolutely Beautiful 1 Bedroom Suite On Higher Level With Unobstructed Amazing City/South View* Brand New Laminated Floor T/O* Freshly Painted* Modern Home Is Great For Singles/Newly Weds/Small Families* W/O Balcony To Enjoy The Sun* Very Functional Layout* Well Maintained Bldg By Del Property Mgt. 1 Parking + 1 Locker* Steps To Finch Subway, Go Bus, Public Transit, Shopping, Restaurants* Absolutely Move-In Condition* Shows A+++

Location
Address: 20 Olive Ave E
City: Toronto Province: Ontario
Postal Code: M2N 7G5 Country: Canada
Area: Toronto
Community: Willowdale East
Financial
List Price: $271,800 (For Sale) Taxes: $1,322.19 For 2011
Maintenance Fees: $384.9/Monthly
Details
Type: Condo Apt
Condominium
Year Built: 6-10
Size: 500-599 Bedrooms: 1
Bathrooms: 1 Basement: None
Garage: Undergrnd
1 space(s)
Features
Exterior:
Board/Batten Concrete
Heating:
Heating Included
Sewer/Water System:
Water Included
Lot Features:
Clear View Public Transit
School
Extra Features:
Common Elements Included Hydro Included
Parking Included
Highlights

Existing Fridge, Stove, B/I Dishwasher, Washer & Dryer. All Elf’s, Window Blinds, 1 Parking + 1 Locker. Please Attach Schedule B With Offer

 
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Posted by on April 19, 2012 in Listings

 

$100,000 Minimize Your Mortgage Sweepstakes Winner!

Congratulations to our $100,000 Minimize Your Mortgage Sweepstakes winners Patricia and Jason Lopes from Toronto, Ontario!

http://www.mortgagebrokernews.ca/news/breaking-news/mortgage-customer-wins-100000-contest-prize/123563/

 
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Posted by on March 22, 2012 in Uncategorized

 

The Toronto housing market comes to an early boil

 

The semi-detached house at 19 Geneva Avenue, one of 22 of Toronto Community Housing home sold in 2011. - The semi-detached house at 19 Geneva Avenue, one of 22 of Toronto Community Housing home sold in 2011. | The Globe and Mail

The Toronto housing market comes to an early boil

CAROLYN IRELAND

Toronto— From Friday’s Globe and Mail
Published Wednesday, Feb. 15, 2012 5:11PM EST

Real estate agent Chander Chaddah had some dispiriting advice for his clients recently. The potential buyers wanted to submit an offer on a house for sale near St. Clair and Christie.

The house was tired but respectable and the asking price was about $900,000.

“I told them, ‘there’s no point guys – it’s going to be a bloodbath’,” says Mr. Chaddah, broker at Sutton Group-Associates Realty Inc.

When the bids were tabled, the triumphant buyers had offered $200,000 over asking.

“And it needs another $200,000 in renos,” adds Mr. Chaddah, who says his clients couldn’t have come close to competing in that contest.

The early spring market in Toronto has set a blistering pace.

“This is my sixth weekend without a day off,” says Mr. Chaddah, scrolling through his schedule. “And I’ll put in 20 hours this weekend.”

As another measure of the market’s temperature, Mr. Chaddah points to the sale this month of three houses by Toronto Community Housing.

“That was insane,” he says of the action around a semi on Crawford that backs onto the swimming pool at Christie Pits.

Potential buyers “were like flies to honey” when the three houses went up for sale on Crawford Street, he says.

Many house hunters thought they might snag a house for a juicy price, but the bidding was so intense that asking prices in the $400,000s were meaningless. That semi on Crawford went for about $750,000 while another a few doors north went for about $780,000.

Many industry watchers are questioning the sanity of buyers.

One who raised his eyebrows recently was the father of a young couple who outbid the pack to purchase a starter house near Bloor and Symington.

The property was listed for approximately $459,000, Mr. Chaddah recalls, and the couple prevailed with a firm offer of $540,000 or so.

They attached no conditions to their offer because Dad had promised to help with the money.

That all changed once the father found out how much the couple had bid, says Mr. Chaddah.

“He thought they overpaid so he wouldn’t advance the financing.”

In the end, the sellers released the young couple from the deal and sold to someone else but not without some consternation all around, Mr. Chaddah says.

“Can you imagine the family dinners after that?”

Mr. Chaddah blames the big banks for this current market frenzy.

When one lowered its rate on some mortgages to 2.99 per cent last month, rival banks lowered theirs.

Mr. Chaddah believes the bankers wanted to stir up some business during the winter doldrums – even as they are warning consumers to rein in their debt.

“They say everybody has to be more cautious – then they open up the gas tank and pour this massive amount of gas on the fire.”

He says buyers then feel pressure to lock in a deal while that mortgage rate is available and they end up increasing their bid for the house, which wipes out any savings from the lower interest rate. Mr. Chaddah would like to see things calm down a bit because many buyers from years past, he says, have not been paying down their mortgage. If interest rates rise, they will struggle.

Like many, he’s surprised that rates have remained low as long as they have. Now, he’s not so sure that Canada won’t be in for a long stretch of low rates.

For now, he’d like to see less intensity in the market.

The City of Toronto is still deciding how to handle the sale of hundreds of other TCH houses. Councillors were expected to discuss the plan today.

Mr. Chaddah’s advice?

If the City wants to sell them, there is no better time, given the current mood.

He figures he won’t have a weekend off until cottage season. But people are always gung-ho in the spring, he notes.

“By July, I’m crispy-fried.”

http://www.theglobeandmail.com/life/home-and-garden/real-estate/buying-and-selling/the-toronto-housing-market-comes-to-an-early-boil/article2339828/

 
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Posted by on March 7, 2012 in Real Estate

 

It’s A Great Time To Be Canadian!

While many parts of the world are struggling economically and housing has become out of reach for many, Canadians are still enjoying vibrant times in both housing and the overall economy. Credit agencies around the globe continue to rank Canada in the top echelons of well managed countries.

Some facts

                -12.5 million households in Canada…31% rent, 69% own

                -of the 69% that own, 39.9 have a mortgage and 28.9% have no mortgage

                -69% of homeowners have more than 20% equity in their homes

                -1.5 trillion in household debt but 1 trillion of that is in mortgages

As Canadians we are in the fortunate position to be well equipped to take advantage of our responsible nature and the fact that interest rates are at the most favourable rates and terms in history. Looking at your own situation in the most of opportunistic times only makes for responsible and smart borrowing.

If you’re thinking of buying your first or second home, borrowing to invest to increase your wealth and take advantage of current tax laws or simply need to refinance all your debts into one, together we can put a plan in place that looks at all the choices you have to take advantage of this extraordinary time.

Your options are as unique as you are, call or email me today and together let’s start exploring your opportunities.

By the way we just introduced a new corporate video and it’s gone viral. Have a look, it’s quite funny.

 

Regards,

Marcello Tancredi,

Mortgage Professional

 

 

 

 

 

 
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Posted by on March 7, 2012 in Mortgage News

 
 
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