Tyler Tim Realtor

Aim ·          Largest shopping center in the province, Ontario ·          With over 1,600,000 square feet of retail space and more than 360 stores/services ·          Near Mississauga Civic Centre, Livings Arts Centre, residential condos, Library… ·          Investment of approx. $320 million of new construction ·          Initiated on the 40 th  anniversary Planning ·          Project broken down into three phases ·          2013; 2014; 2016 ·          Food Court, Northwest Expansion, Southwest Expansion ·          Upscale quality to benefit customers’ shopping experience ·  ...

As micro condos move into the Toronto market with a vengeance, some of the Big Five banks and other lenders still have rules in order to approve mortgages on units under 500 square feet. “I would say there is still some hesitancy around lending on micro condos,” says mortgage broker James Laird, president of CanWise Financial. Some 467 units of 500 square feet or less are currently in the occupancy phase in the City of Toronto, about five per cent of the new condos coming on stream in the core this year. An additional 2,868 of these smaller units will occupy by the end of 2015, making up 11 per cent of all the new condos occupying in the City of Toronto, it says. And thousands more are in the planning or construction phases. But it will be weeks or months after occupancy, when the building registers, before buyers — be they investors planning to rent the units out or so-called end-users planning to live there — will have to come up with final mortgages for 80 per cent or so ...

Statistics Canada says the value of building permits issued by municipalities rose from 12.7 per cent to $7.5 billion in September after a big plunge in the previous month. Statistics Canada says the increase resulted mostly from higher construction intentions for both non-residential and residential buildings in Ontario. It says the value of non-residential building permits rose 23.9 per cent to $3.1 billion in September — the fifth increase in six months. The federal agency says six provinces posted higher non-residential construction intentions, led by Ontario. On the residential side, the agency says the value of permits rose 6.1 per cent to $4.4 billion in September. It says seven provinces — again led by Ontario — posted gains, while Alberta, Saskatchewan and Manitoba had declines.

Take stock of your finances: Before thinking of buying or selling a house, take your personal monthly finances into consideration. Think about affording a house, plan ahead and seek help from an experienced Realtor in doing so.   Credit Limit: Know your credit card limits and review your usage to prevent a potential approval pitfall. According to Equifax, the closer you get to using all your available credit, the less likely you are to have a good   credit score   or seem like an attractive mortgage candidate to a potential lender. Start with financing.   Obtaining pre-approval for a loan will make the process of negotiation and loan approval process smoother from the start. Find a real estate agent.   The seller is the one who pays the   commission , so there's no reason not to get the help of an   agent . Agents can get you the house that you dream of. They can also help you finding a perfect location, and get your house fina...

Following are the reasons why you should own a house! If you are 35 now and just buying your first home, you will likely be mortgage-free when you are 60 and sitting comfortably on a considerable asset. It's highly likely your investment will appreciate considerably in 25 years. It's important, however, not to buy with the intention of making a quick fortune. Think of home buying as a sound, long-term investment. Buying a home is a very effective way of saving regularly over many years. Even if you never buy into another retirement or investment plan, you are effectively putting money away for the future. Owning a home of your own means you and your family can set down roots, get to know your community and involve yourselves in it. Discover the pride of home ownership. You can fix the place to suit your particular needs. You can also have pets in your home. As your family grows and moves on to homes of their own, you will have the option of earning ...

Less Competition, More Leverage Since spring and summer are the most active real estate seasons, many home sellers wait until then to list their homes. That means there are fewer homes for sale in the winter, but the sellers often have strong reasons to sell their homes soon, such as job relocation. These motivated sellers can be a boon to the home buyer. Just as there are fewer homes for sale during the winter, there are fewer buyers, too. That means less competition and sellers who are more willing to accommodate potential buyers. Use this knowledge to your advantage. Offer a relatively low (but not insultingly low) bid for the home you’ve selected, or ask for perks such as the living room furniture or the chandelier that you admire. The low number of potential buyers also means you have more time to make your decision. In the spring, you often need to choose a home and act quickly, but in winter you may be able to take your time. Assessing a Home’s Winter Fitness ...

Some say winter is the worst time to sell a home. Given the cold and stormy weather we have been experiencing, there are definitely challenges, but don't be discouraged. First impressions and lasting impressions are keys to progress potential buyers into active buyers. Be very wary as the slightest discomfort or issue can sour this experience and turn a buyer away from your home, but by addressing a few key areas, any winter woes can be easily avoided. Here are five simple tips to maximize the showing potential of your home during the winter months. 1. Don't Let Winter be an Obstacle It is storming or just post-storm, but you have showings booked for your home. (You must have motivated buyers to go out in that weather!) Don't make it even more of a chore for them, be sure to shovel your drive or walkway so that the first impression is a clean and accessible entry. Buyers have been known to turn away, rather than hike to the doorway in knee-deep snow and risk ...

According to Statistics Canada, the value of building permits issued by municipalities rose 12.7 per cent to $7.5 billion in September which is a significantly a huge number when compared to the past rises in the building permits. Statistics Canada says the increase resulted mostly from higher construction intentions for both non-residential and residential buildings in Ontario. The value of non-residential building permits rose 23.9 per cent to $3.1 billion in September — the fifth increase in six months. The federal agency says six provinces posted higher non-residential construction intentions, led by Ontario. On the residential side, the agency says the value of permits rose 6.1 per cent to $4.4 billion in September. It says seven provinces — again led by Ontario — posted gains, while Alberta, Saskatchewan and Manitoba had declines.