January 28, 2012 in Home Facts | Permalink | Comments (0)
The federal government’s ecoENERGY Retrofits- Homes program ends on March 31, 2012. This program enables eligible homeowners to receive grants of up to $5,000 to make their homes more energy-efficient.
Prior to undertaking any renovations, homeowners must first have an energy audit of their home performed by a licensed service organization.
The evaluation report provides customized recommendations for renovations to improve the energy efficiency of the home. Once the homeowner has completed....
Read more..
January 19, 2012 in Perspectives | Permalink | Comments (0)
At this time last year, we were predicting that Toronto would experience the same sales volumes as 2010 with price increases averaging 5%. Admittedly, we were wrong! Sales increased by 5% and prices went up by 7%. We also predicted that rental rates would increase by $100 per month and we were right. Everyone else, from the Bank of Canada to The Economist Magazine, was forecasting lower sales and lower prices. Those who heeded the experts, in an attempt to ‘time the market’ were the big....
Read more..
January 16, 2012 in Legal | Permalink | Comments (0)
What is it?
The proposed Healthy Homes Renovation Tax Credit would be a new permanent, refundable Personal Income Tax credit to assist with the cost of permanent home modifications that improve accessibility or help a senior be more functional or mobile at home. The credit would be worth up to $1,500 each year, calculated as 15 per cent of up to $10,000 in eligible home renovation expenses that would help seniors stay safely in their homes. It could be claimed by senior homeowners and tenants....
Read more..
December 16, 2011 in Home Facts, Legal | Permalink | Comments (0)
A smart meter can read how much electricity is being used by a particular user and when. Electricity utilities allow users of smart meters to logon to their own Time-of-use web page where they can track their consumption/usage on an hourly/daily/monthly/yearly basis. Therefore, a smart meter allows the user to plan and track their usage of electricity as much as possible in order to lower costs.
The Ontario Energy Board (OEB) sets rates for the commodity price of electricity for consumers on th....
Read more..
December 8, 2011 in MLS® Activity | Permalink | Comments (0)
Toronto Real Estate Board Commercial Division Members leased 574,499 square feet of industrial space through the TorontoMLS system in November 2011. This result represented a small decline of two per cent compared to the November 2010 figure of 587,274 square feet. Over three quarters of the total leased space was accounted for by industrial properties.
The average lease rate for industrial properties was $5.97 per square foot net (calculated for transactions where pricing was disclosed). Th....
Read more..