This message contains images. If you don't see images, click here to view.
Advertise in this news brief.

  Text Version   RSS   Subscribe   Unsubscribe   Archive   Media Kit

Home   About Us   Events    Education   Open Houses   Contact Us


McMansion tax coming to Mississauga
Mississauga — a city known for asphalt, an iconic sprawling shopping mall at its centre and suburban-style monster homes — has a message: if you want to keep paving paradise, get ready to pay more. In a move that's a first for the GTA, Canada's largest suburb and its sixth largest city will soon charge home owners and businesses for storm water costs based on how much of their property is covered. If you have a very small house that causes little run-off water, you will pay nothing. But if your home is in the highest of five size categories, it will cost $170 in 2016 for your share of the city's storm-water management costs.
   Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article

Bridge, station construction continues along Eglinton for Mississauga Transitway extension
Inside Toronto
Etobians looking for a more reliable transit connection westward will have to wait a little longer as the expansion of the Mississauga Transitway (Miway) inches to completion. Construction is already underway on the second phase of the dedicated bus network, which currently offers service at four street-level stations west of Hurontario Street but will expand to 12 by 2017 all the way to Renforth Drive in the east.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article

Realtors: Referral fees a win-win for clients and agents
Mortgage Broker News
Real estate agents are suggesting a bank's referral fees could be a value-add for clients and themselves, but the very idea has mortgage brokers up in arms. Responding to a story published on REP sister website, one industry player argues agents could "split" the fees they collect from sending a customer to a bank with the actual client, creating a win-win for all parties involved.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article


New transit lines need more homes and people
Toronto Star
More midrise housing needs to be built along Ontario's flourishing transit corridors. That was the bottom line of a report, released and co-authored by the Ontario Home Builders' Association and the Pembina Institute, titled "Make Way for Midrise: How to build more homes in walkable, transit-connected neighbourhoods." The report is the first of its kind. It focuses on how the province can create more housing supply — and selection of housing types — along expanding transit routes by breaking down the barriers to midrise development.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article

Study: Homes near schools are costlier, unless you buy a condo
Metro News
Every parent wants to give their children the best head start possible, and a top school district is one of the key priorities for young couples starting a family and looking to buy a home. With the cost of single family dwellings climbing sky-high, many parents feel they are being squeezed out of the market when looking to buy near a top-ranked school. New research by Toronto real-estate brokerage TheRedPin indicates that in Toronto, property values are higher within Toronto District School Board (TDSB) school districts with highly rated schools.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article

Brian Buffini's Success Tour
Buffini & Company
The Success Tour is packed with real-world content and strategies you can implement in your business immediately to improve your bottom-line.Attend the Success Tour live or via webstream and walk away with valuable resources, lead generation strategies and a solid business plan guaranteed to increase your production.
Reserve your seat today!

Share this article:  
Promoted by Buffini & Company

Why commercial realtors say Hamilton will attract businesses
CBC News
The third floor of the Right House building on King Street East and Hughson Street North is in the middle of a renovation, exposing a brick-walled lookout on the changing Hamilton downtown. Thursday morning, a few dozen businesspeople and realtors from Hamilton and the GTA gathered there for a dose of optimism about the local economy. A new report from Colliers International released there compares Hamilton and Milwaukee, saying the smaller cities should attract businesses in part due to their proximity and cheaper costs to larger cities of Toronto and Chicago.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article

Business Insurance Experts

Whether you are a retail operation, professional office, commercial property owner or contractor, we have experts in our commercial department that will assist you in finding insurance that will best suite your needs. Let us save you money on your Business/Commercial Insurance. No Business is too big or too small to save!

BOMA Toronto celebrates building excellence
Remi Network
About 500 real estate professionals gathered at the Ritz-Carlton Hotel in downtown Toronto on May 14 for BOMA Toronto's 17th annual Celebration of Excellence Awards Gala. The event honoured the commercial industry across an array of categories including The Building of the Year Award, which was given to six buildings in the Greater Toronto Area (GTA).
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article

Muskoka now 'Hamptons of the north' for luxury cottage living
Toronto Star
Tokata is one of those idyllic enclaves of waterfront real estate — spacious, gracious, packed with modern amenities and perched on a private peninsula jutting into quiet Silver Lake. You can watch the sun rise from its stunning granite-and-wood Muskoka room facing the east deck, and the sun set from the elegant Great Room overlooking the west deck.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article

Making First Impressions Count

Our newly designed reflective posts have been unleashed into your neighborhood, keep a eye out for them. Click Here for more information
Real Estate Industry web-based software

Prospects' popular web-based software (known as Prospects in Canada and MLS-Office in the U.S.A.) has been designed exclusively for the real estate industry. Used by over sixty-five thousand agents throughout Canada and the U.S.A., Prospects Software Inc. has become one of the leading business management tools for real estate professionals.
To find out how to feature your company in the MREB Newsbrief and other advertising opportunities, Contact Joseph Gonzales at 289-695-5420

More info

Joe Oliver tells realtors Ottawa will stay out of housing market because no bubble seen
Financial Post
Canadian Finance Minister Joe Oliver said he's confident the country's housing market isn't in a bubble, setting aside any further action to curb activity. The government, which has made four changes to housing finance rules since 2008 to cool booming sales and rising prices, is satisfied with market dynamics today and isn't seeking further reform, Oliver said.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article

Agent's Equity
Agent's Equity was formed in 1989 for the purpose of providing short-term working capital to Canadian Real Estate Agents & Brokers. MORE
Giving great offers and deals on phone & plans. If you are a small business, enterprise, or residential we can help you will all your communication needs. MORE

Missed last week's issue? See which articles your colleagues read most.

    Sousa: Ontario trying to play fair with transit funding (
It's crunch time for Toronto's home sellers and home buyers (The Globe and Mail)
GTA house prices up 10 per cent in April (Toronto Star)

Don't be left behind. Click here to see what else you missed.
Real Estate Update
Frank Humada, Director of Publishing, 289.695.5422
Download media kit

Joanne Lam, Content Editor, 289.695.5474   
Contribute news

This edition of the Real Estate Update was sent to ##Email##. To unsubscribe, click here.
Recent issues
May 11, 2015
April 27, 2015
April 27, 2015

50 Minthorn Blvd., Suite 800, Thornhill, ON, L3T 7X8