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As a condominium owner, you are free to
rent your unit to whomever you choose. But before you begin looking for the
right tenant, it is essential that you understand some of the obligations and
restrictions that may impact your search.
Each
condo has its own set of documentation, which you should review prior to
entering into a lease ...
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Buyers Prize Safety, Value & Location
Safety, perceived value and a location close to shopping or
transportation are the most important factors Ontarians consider when buying a home, according to a new survey.
Research commissioned by the Ontario Real Estate Association
(OREA) ...
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The real estate activity in the tony Sunningdale neighbourhood of North London was quite active from January 1 to September 30 , 2012 with 35 houses and 9 condos changing hands.
The average asking price of a house in Sunningdale was $548,846 and for condos it was $309,642.
It
took 32 days and 97% of asking price for houses ...
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With all the news about a real
estate bubble, I felt that I should show you what the last 3 years have
been like concerning single family homes and condos in London and S/W
Ontario.
As you can see, London and area has
not experienced the boom or bust in prices as other Canadian ...
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Real Estate residential sales in THE
London Ontario area in July 2012 edged up 0.5% over those of the
previous July with a total of 746 homes exchanging hands. 620 detached
homes sold in July – up 5.6% from the previous year – however, condo
sales dipped 18.7% as compared to July 2011.
The reason for this is there ...
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As I work with both condo sellers and
buyers, I am always asked what the market is doing, when is the best
time to buy or sell, how much to offer and how much to list for.
As with any condo, the neighbourhood, style and condition of a home reflects on price and quickly they sell.
Below is a breakdown of ...
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Sales last month were up over those of the previous May 2011 by 3.5%, with 751 detached homes exchanging hands and 162 condos. This represents a 7% increase in sales for detached homes and a 10 % decrease in condo sales.
“Active listings at month’s end were down 7.3%, a bit of a departure from what we’ve seen over ...
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22 houses sold in Uplands in North London from January 1 to March 31, 2012 for an average $429,327 and these took about 33 days to sell.
6 condos sold in the same period for an average $323,242 and were on the market for 35 days! As you can see, they do not last long in this trendy neighbourhood and these homes sold for 99% of their ...
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Riverbend in West London continues to lead London in home prices with the average asking price of $520,550. 7 sold from Jan 1 to March 31, 2012, were on the market for only 22 days and they sold for 98% of list price. The average condo sold for $352,938 .
If you take a drive through this London neighbourhood, you will admire the variety of home ...
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The Sunningdale neighbourhood in North London is still quite active from January 1 to March 31 , 2012 with 8 houses and 4 condos selling.
The average asking price of a house in Sunningdale was $448,250 and for condos it was $356,150.
It took 17 days and 99% of asking price for houses and condos were on the market for 30 days and they sold ...
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