January 2024

Retirement Communities Within 1 Hour of GTA

Posted on Jan 26, 2024


Retirement Communities Within 1 Hour of the GTA

The following is a list of 50-year-plus retirement communities within an hour of the GTA.

Port Perry:
Freehold Detach Bungalows
Purchase Price starting $900,000
$600 fee per year for common areas and community centre
https://canterburycommon.ca/

New Tecumseth:
Adult Lifestyle Land Lease Detach Bungalows
Pu...

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Take Into Account the Whole Offer

Posted on Jan 10, 2024


Take Into Account the Whole Offer

You have done everything to make your home look its best and accommodated all showing requests. FINALLY, you have received an offer and you are excited and nervous at the same time.

Your realtor will walk you through the offer page by page and will discuss what all the terms and conditions mean.

The offer price is o...

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Cash for Keys

Posted on Jan 06, 2024


Cash for Keys

Understanding “cash for keys”

At some point in time a landlord may wish to buy-out the rights of tenure as held by a tenant; and accordingly a negotiated agreement may be established between the landlord and the tenant in what is colloquially known and referred to as a cash for keys deal.

A cash for keys agreement is lawful in Ontario...

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Open Offers vs Closed Offers

Posted on Jan 04, 2024


Open Offers vs Closed Offers

With the new Trust in Real Estate Services Act introduced this past month, new to Ontario is the choice of Open Offers.

A closed offer process is when the buyers in a multiple offer situation have no idea what the other offers might consist of, and the buyer has no idea what they are up against.

The open offer process al...

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