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Showing posts from June, 2017

What sold in the past one week suggests home prices are still on the rise in Toronto

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Doom, sorry, not yet. Boom, still going on. SOLD 31 Garden Avenue – RONCESVALLES Listing Price: $1,299,000 Selling Price: $1,550,000 3 bedroom, 3 bathroom detached house with a 2 car garage at 31 Garden Avenue in Roncesvalles. It was listed at $1,299,000 to invite bidding war. It worked. It sold 5 days later for $1,550,000. SOLD 72 First Avenue – RIVERSIDE Listing Price: $999,000 Selling Price:  $1,450,000 3 bedroom, 4 bathroom semi with 2 parking spots on a 16.60 x 126.00 foot lot at 72 First Avenue in Riverside. It was a flip. A pretty good flip listed at $999,000. Apparently someone offered f $1,350,000 – rejected . Instead, the price was increased to $1,499,000. Well, one month, this house finally sold for $1,450,000. SOLD 140 First Avenue – RIVERSIDE Listing Price: $1,049,000 Selling Price: $1,255,000 3+1 bedroom, 1 bathroom house with 1 parking spot on a 15 x 123.67 foot lot at 140 First Avenue. 2+1 bedroom in reality because the 3rd bedroom is really an open loft room above the

Canadian real estate is doomed with Cover-Up, Censorship and Clampdown on Free Speech

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We knew real state data is not available to the public –  Data Ruling Appeal by TREB. We knew the government has no clue on the flow of dirty money –  Tracking dirty money, show me the laundered money. We knew the City cover-ups as reported by The Star –  Secret report reveals fire response problems  (and many more coming to this site) Today, we heard someone has been charged by Toronto Police for exposing City’s scandals (details to follow …). We will save Civil Liberty for the next topic. The first question we have in mind is how will this impact  real estate in Canada? If you are one of the deep-pockets, will you park your money in a place where corruption is rampant? Guess the answer is pretty straight forward – NO. We know rich people like those from China moved their wealth abroad is because they don’t trust their corrupt regime. Similarly for deep-pockets from elsewhere, particularly those from the third world do it for the same reason  – they don’t trust their own corrupted

DIY home improvement ideas for beginners

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Improve Your Home Invest a little cash and get a big improvement in how your home looks and feels. Learn ways to add value to your home with these home improvement tips Here are some easy DIY home improvement projects for beginners: – You don’t have to be a pro to tackle many home improvement projects. With a little elbow grease and a few smart tools, DIY novices can easily complete all kinds of household tasks efficiently and correctly. 1. Install a kitchen backsplash: You don’t need to learn how to cut and install tile. Instead, add a stylish backsplash by using inexpensive alternative materials such as tin ceiling tiles, wooden beadboard or wallpaper. 2. Loosen rusty bolts: For stubborn nuts and bolts, reach for a WD-40® Rust Release Penetrant Spray. This easy-to-use tool empowers all levels of DIYers and can be used for dozens of tasks. For this one, simply spray the bolt to loosen the rust, then turn with a wrench to remove. 3. Conceal wall blemishes: From nail holes to furnitu

Home Depot sued for advertising 3.5 x 3.5 lumber as 4 x 4

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Did you know 4″ x 4″ lumber is never 4″ x 4″, but measuring 3.5″ x 3.5″? Are You Being Cheated When You Buy Lumber at Home Depot? Menards and Home Depot stand accused of deceiving the lumber-buying public, specifically, buyers of 4″ x 4″ boards, the big brother to the ubiquitous 2″ x 4″. Class action suits filed last week in federal court charging Home Depot and Menard’s selling lumber that is “falsely advertised and labeled as having product dimensions that were not the actual dimensions of the products sold.” Plaintiffs in the case against Menard’s were shocked, shocked, we tell you, to discover that a 4×4 purchased at the store actually measured 3.5″ × 3.5″ and not the “advertised” measurement of 4″ × 4″. The plaintiffs — so far just two residents of Illinois — seek damages, restitution and injunctive relief from Menard’s “for selling products that did not conform to the representations it made to customers.” Menard’s responded to the lawsuit in March and Home Depot responded earlie

Vancouver real estate is happening again

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Vancouver real estate market heating up again as sales and prices recover from buyers tax Realtors in Canada’s most expensive city for housing report that market activity returned to near record levels in May, a mere nine months after the province introduced a 15 per cent tax on foreign buyers… Financial Post Condo flipping on the rise as Vancouver market heats up: Realtor With Vancouver’s real estate squeeze driving condo prices to new highs, one Vancouver realtor says speculation is heating up… Globalnews $13M in down payment loans driving Vancouver condo prices up: Economist $13M in down payment loans driving Vancouver condo prices up: Economist. CKNW. By Emily Lazatin and Simon Little CKNW. more. Fri, Jun 2: After a brief cool-down, the latest figures show Metro Vancouver’s real estate market is red hot once again… Globalnews.ca Heat from Metro Vancouver’s real estate radiating into recreational properties From a cabin in the woods near 100 Mile House to prime lakefront in the