If you are looking for a home or condo in Cooksville, Mineola, Lakeview, Fairview, Erin Mills, Port Credit, Lorne Park, Clarkson, or any other Mississauga communities, we have made it easier for you. By custom creating preset searches for the areas you desire, you are now able to zero in directly on those areas, without having to sort through 100's of listings that are in the wrong location. So for up-to-date MLS information including prices, pictures, and virtual tours, try our free search! Just click the link..
Toronto Real Estate Board (TREB), February 3, 2012 — Greater Toronto REALTORS® reported 4,567 sales through the TorontoMLS® system in January 2012. This number was 8.8 per cent higher than the 4,199 sales reported in January 2011.
Sales growth was strongest for low-rise home types in the regions surrounding the City of Toronto.“A favourable affordability picture bolstered by very low posted fixed mortgage rates has kept home buyers confident in their ability to achieve the Canadian goal of home ownership,” said Toronto Real Estate Board President Richard Silver. “The buyer pool remains diverse in the GTA with strong interest in home types across the pricing spectrum,” continued Silver.
The average selling price for January 2012 transactions was $463,534 – up by almost nine per cent compared to January 2011.“Low inventory levels have kept competition between buyers strong, resulting in robust annual rates of price growth over the last year. Strong price growth is expected to attract more listings. A better supplied market should result in a slower rate of price growth, especially in the second half of 2012,” said Jason Mercer, the Toronto Real Estate Board’s Senior Manager of Market Analysis
Oakville Clearview House Price Up 8 Percent
OAKVILLE CLEARVIEW HOUSE PRICES UP 8%
As the end of the year approaches, homeowners in the the northeast Oakville Clearview neighborhood have once again enjoyed a very positive year of price appreciation and rapid sales. The following statistics are taken directly from the Toronto Real Estate Board, and are complete up to October 15, 2011. They show positive trends for both house prices and sales numbers.
The number of firm MLS sales in Clearview from January 1, 2011 to Oct 15, 2011 totalled 73....with 49 detached homes, 10 linked properties, 4 semi-detached, and 10 freehold townhomes sold. There are currently no condominium residences that exist in Clearview.
We looked at both average and median sale prices; generally, median prices are the most accurate gauge of property values, as average prices can be distorted by a single high or low sale. When we look at the median prices, this is what we see: Oakville Clearview House Prices...
Looking for a House in Mississauga or Oakville?
MISSISSAUGA REAL ESTATE + OAKVILLE REAL ESTATE - YOUR SEARCH ENDS HERE!
If you are looking for:
Vacant land in Mississauga or Oakville
Condo Apartments in Mississauga or Oakville
Rental Property in Mississauga or Oakville
Commercial Property in Mississauga or Oakville
Freehold Property in Mississauga or Oakville
...or any form of property in Mississauga, Oakville, or the Greater Toronto Area, we are standing by to help you. We have 1000's of Listings here for you to view, or we can create your very own personalized custom search to help you to find that perfect property. Just let us know what you want, and we will get working on it right away.We Know Mississauga and Oakville - we work here every day, and we also live here..search Square One condos, Bronte Harbour condos, Credit Pointe homes, townhouses in Clarkson, etc.
There is a process that everyone goes through when contemplating getting into the Mississauga Real Estate or Oakville Real Estate markets. Getting your search criteria organized is an essential part of the process. Here are a few key real estate questions to ask yourself when searching MLS listings:
What amount will my financial institution pre-approve me for?
How much can I afford to pay on a monthly basis for mortgage, condo maintenance fees (if applicable), municipal taxes and utilities?
What sort of lifestyle do I want? Townhouse, condominium apartment, or a house?
What's a good fit for me and my family? Mississauga and Oakville, while both suburbs in the GTA, each have their unique identities. What is the commute time to my place of work? Is there easy access to major highways such as the QEW, the 401, or the 407? What are the options for public transit? Is there shopping nearby?
How many rooms will we need?
Will the property meet my family's changing needs over time?
What schools are nearby? Do I need a public school, separate school, private school, french immersion, or daycare? What about Peel and Halton school rankings?
Do I want a garden?
Do I want an older home on a mature street - in such character-filled areas as Port Credit or Olde Oakville, or a newer home with all the bells and whistles, as can be found in areas like Churchill Meadows or Joshua's Creek?
Will the property require renovations?
These are just a few of the important questions to consider when beginning the process of getting into the Mississauga Real Estate market, or the Oakville Real Estate market.
Mastering Multiple Offers: Insider Secrets
HOW TO PURCHASE PROPERTY AND WIN MULTIPLE OFFERS - A Greater Toronto Real Estate Buyers' Guide
Wondering how to purchase property in Toronto? Multiple Offers have become a fact of life when buying a resale home or condo in the Greater Toronto Real Estate market, and have indeed become commonplace in many of Canada's major cities. Stories of homes selling for $50,000, $70,000, and even $100,000 over the asking price are no longer found just in downtown Toronto and Vancouver, with bidding wars happening also in suburban areas such as Mississauga, Oakville, and Richmond Hill. So if you are a Buyer, how can you increase your chances of winning when forced to bid against others? This article is based on real-world experience in buying and selling many homes in the Greater Toronto Area, and although the terms and procedures reflect the Canadian real estate system, the overall principles can apply anywhere where there are multiple offers/bidding wars. How to Purchase Property and Win Multiple Offers..
FREE GUIDE - 24 HOME STAGING TIPS
24 EXPERT HOME STAGING TIPS
The first step in maximizing the sale of your home is to properly prepare it to show at its best. Studies have shown that professionally staged homes sell faster, and sometimes for more money, than those homes which have not been prepared for sale...Here are 24 Expert Home Staging Tips that you can do yourself, for little or no money, which can help you to increase the house's likelihood of selling, the speed in which it sells, and the price which it gets.
1.) MAKE ALL NEEDED REPAIRS
Any small deficiency can take away from the appeal of your home to the potential buyer. A leaky bathroom faucet, a broken door bell, or peeling paint in the bathroom may seem minor to you, but these items could be a sign of overall owner neglect to the home buyer. That is why these minor problems should be either repaired, covered over, or replaced. All these signs of owner neglect must be eliminated. These items may be easily overlooked, so make sure you inspect your home thoroughly so that you can find and repair them. The best thing about these minor repairs is that they are relatively inexpensive and most you can do yourself in a short period of time. More Home Staging Tips
PREPARE YOUR HOME FOR WINTER
REAL ESTATE GUIDE - HOW TO WINTERIZE AND PREPARE YOUR HOME FOR WINTER
Canadian winters provide a challenge for the homeowner; a little preventative maintenance can really help you to get ready for winter's blast! Here's how you can winterize your home.
1) Furnace Inspection:
Call an HVAC professional to inspect your furnace and clean ducts.
Stock up on furnace filters and change them monthly.
Consider switching out your thermostat for a programmable thermostat.
If your home is heated by a hot-water radiator, bleed the valves by opening them slightly and when water appears, close them.
Remove all flammable material from the area surrounding your furnace.
The Fraser Institute's Report Card on Ontario Schools provides Oakville parents an idea of where their children's school ranks against the rest.
The Report, released in 2008, ranks all schools in Ontario based on their results in the Education Quality and Accountability Office (EQAO) standardized tests. A score out of 10 is given and compared to previous years' scores as well as previous years' rankings. Oakville School Rankings
Most Expensive Neighborhoods in Mississauga*
Have you ever wondered what are the most expensive neighborhoods in Mississauga, Ontario? Well here they are in all their glory. Mississauga has grown from a sleepy collection of small towns to a vibrant community of over 730,000 people - a large city in itself and yet also Toronto's western suburb. Even though Mississauga is usually viewed as a middle class or upper middle class area, there are also many pockets of extreme luxury sprinkled throughout the city. So here are Mississauga's most expensive neighborhoods......
Absolute World Mississauga Towers*
Absolute World Towers have redefined the Mississauga Skyline
The origins of the Mississauga twisting towers known today as the 'Marilyn Monroe' condos can be traced back to November 28, 2006, when during the 24th annual Mississauga Urban Design Awards, Mayor Hazel McCallion announced that an international competition would be held for the design of the 4th tower at the Absolute World Mississauga condominium tower community. Located at the north-east corner of Burnhamthorpe Rd. and Hurontario St. in Mississauga, three previous buildings in the Absolute project had already been successfully sold to the public, with tradional designs, but it was felt that something special was needed for the landmark 4th tower, which was planned to be as high as 56 storeys. More on Absolute World Towers Marilyn Monroe condo in Mississauga, Ontario
Simple Guide to CMHC Mortgage Rule Changes*
Canada Mortgage and Housing Corporation (CMHC) is Canada's national housing agency. CMHC is Canada's top provider of mortgage loan insurance, mortgage-backed securities, and housing policy and programs. CMHC insures certain loans that banks make, and also determines the policy under which the banks can make loans. CMHC have announced major changes for loan approval which will impact people all across Canada....so whether you are buying a home in Mississauga, or in North Vancouver, whether you are a first-time buyer, or buying a second home or investment property, if you need a mortgage loan, these new rules will affect you...especially, if you are self employed, or if you are a salesperson who earns commission, you need to understand the new loan approval requirements...here is a simple guide for Canadian homebuyers....
Here is an easy Mortgage and Ontario Land Transfer Tax Calculator....just enter in your information, and let the computer calculate for you! When determining tax, enter either Ontario or Ontario (Toronto) for the appropriate tax, and remember to indicate if you are a first time buyer. Remember that as a first time buyer, the maximum credit for Ontario Land Transfer Tax is $2000.00, and any tax above that amount is still due and payable....in addition to the provincial tax, if you live in the City of Toronto, there is an additional municipal land transfer tax payable....
Canada Mortgage Rule Changes - How Will They Affect You?*
On January 17th, 2011, our Canadian government announced changes to the mortgage rules for government-backed CMHC insured mortgages, which will result in a tightening of credit for home purchasers and owners. Details in the report indicate the following things to look out for:
Three changes - which may affect you if you are a buyer or a homeowner:
1.) the maximum amortization period for new government-backed insured mortgages will be reduced from the current 35 to 30 years.
2.) the maximum amount Canadians can borrow to refinance their mortgages will be lowered from the current 90% per cent to 85%.
3.) The government will withdraw its insurance backing on lines of credit secured on homes, such as home equity lines of credit. (not in force until April 18, 2011)
BUYING A HOUSE - ONTARIO REAL ESTATE CLOSING COSTS:
"Closing costs" are the fees which you, as a BUYER, must pay when purchasing a home in Ontario. These are fees which are normally payable in full on the day you get the keys to your new home (the "Closing Day"). Here is an outline of what you should expect:
1. Balance of the Purchase Price (from the offer), less the deposit already given with the offer.
2.Home inspection fee: This one is due before closing...if you are doing a home inspection as part of your offer, costs for this generally range from $300.00 - $500.00, and you must pay the Home Inspector on the day he or she does their inspection.
3.Appraisal fee: Your bank lender will require an appraisal of the subject property, at the Buyer's expense. Approximate cost $250.00.
4.Legal fee for purchase of home: Usually about $1500.00 in all - comprising of $500-$700 for the basic fee, plus charges for title search, registration fees, disbursements, photocopies, courier costs, etc that your lawyer bills you for while processing your transaction. More on Buying a Home in Ontario Closing Costs
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