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June 2, 2009 REAL ESTATE No Comments

 

 

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Many investor’s wonder if Real Estate is a good investment in these times of uncertainty.Some of you may recall back in the eighties one the largest Iconic Reatil Merchants in Canada since Champlain put his paddle in the water. The Company Timothy Eaton. Eatons was the store where only the well to do would shop, there was also Eatons rival Simpsons. All long gone taken over by The Hudsons Bay. We all thought that meant that a depression was about to step in.
Well we lived through it as we will live through Gm’s and Chrylers bankruptcy. Magna International is thinking of bringing in Opel which will add thousands of jobs to the economy.
Now what does always recover ? well Real Estate.
This past week numerous Realtors and investors joined together to almost completely sell out The Evolution Condo. Those of you who bought saw your investment increase drastically before your eyes. The wise investor who listened to there experienced Realtor walked out that night with a minimum of $15000 profit and its not over yet prices are expected to rise again this coming weekend. Call your mycondonetwork.com representative now and get in before they are all sold out. The market is coming back and Evolution in Etobicoke is witness to this fact.

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April 22, 2010

Ontario Releases HST Transitional Rules

Proposed Measures Would Help Businesses and Consumers Prepare For Change.
The McGuinty government has proposed general transitional rules that would assist in the move to a Harmonized Sales Tax (HST).
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Which tax would apply for transactions that straddle July 1, 2010 – the current Retail Sales Tax (RST) or the Ontario portion of the HST, [...]

Bank of Canada Interest Rate Announcement

April 21, 2010

Bank of Canada Interest Rate Announcement

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.
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Richmond Town Manors – Opportunity to own a work of Art

March 23, 2010

Richmond Town Manors – Opportunity to own a work of Art

Popular with urban sophisticates and lauded by architecture critic John Bentley Mays, highly-successful Richmond Town Manors is now complete on Richmond Street at Strachan Avenue, between King and Queen Streets West, just south of Trinity Bellwoods Park in Toronto. Only three of these choice residences remain, offering convenient living in modern surroundings inspired by the geometrical abstracts of master Dutch painter Pieter Mondrian. Hurry to take advantage of this exclusive opportunity in one of the city’s most up-and-coming neighbourhoods.