Author Archives for » The Montreal Real Estate Blog
Make an Entrance: Warm Up Your Entryway This Winter
Winter. It’s a time of crisp air, gently falling snow, and piles of coats, slushy boots and soggy mittens in your front hall. This season, make your entryway organized and inviting. Here’s how:
Make first impressions count. Give your door a fresh coat of glossy paint, and put down a new doormat. Hang a nice winter […]
Housing Starts to Fall Slightly in 2008
OTTAWA, February 4, 2008 “ Housing starts reached 228,343 units in 2007, an increase of 0.4 per cent from 227,395 in 2006, according to Canada Mortgage and Housing Corporation’s (CMHC) first quarter Housing Market Outlook, Canada Edition report. In 2008, residential construction will decline to about 211,700 units, given higher mortgage carrying costs. Nevertheless, Canada’s […]
Development Spotlight: Gillette Lofts
Location: 1085, St-Alexandre, Montreal. Size: 6 floors, 55 units. Prices: $300 a square foot. Architect: Karl Fischer Developer: Mark Dichter & Noam Schnitzer The Scoop:
Five floors feature 12- or 13-foot ceilings, and a wide open floor plan that will make is easy to create large open lofts. The units range in size from […]
Encouraging reinvestment in urban cores and rental housing
OTTAWA, Jan. 31 /CNW Telbec/ - Three national associations whose members are central to the investment, management, purchase and sale of real property are calling on the federal government to change capital gains tax policy in the 2008 federal budget to encourage reinvestment. The members of the three associations generate hundreds […]
Changes in Home Buyers’ and Sellers’ Profiles
“The profile of home buyers will change significantly in the next few years, according to a public telephone survey conducted in September for the Greater Montréal Real Estate Board (GMREB). The survey, which is the fourth one, helps profile buyers and sellers, as well as measure their intentions over the next five years.
Buyers’ and Sellers’ […]
Real Estate Glossary: E
Easement Restriction of the right of ownership for reasons of private interest, general interest or public use. Right of access or use of land by others, for a defined purpose (passage, parking, public utilities, etc.).
Equity The difference between the price for which a home could be sold and the total debts registered against it. […]
Should your house be staged before you sell?
To Stage or Not to Stage “ that is the question! by Sveta Melchuk
Staging a Home for sale will cost you money. Is it worth spending time and effort on it? After all, once the decision to sell has been made, you just want to get it over with as fast as […]
Study shows economic benefits of MLS® home sales
Average home sale yields $32,200 in additional consumer spending.
OTTAWA “ June 12, 2007
The resale housing industry in Canada generated more than 158,000 jobs and an average of $15.3 billion annually in the period from 2004 and 2006, according to a study prepared for The Canadian Real Estate Association by Altus Clayton.
The report says each residential […]
Making an Offer to Purchase
Once you have found the home you would like to purchase, you need to present the vendor with an Offer to Purchase or an Agreement of Purchase and Sale. As your home is probably your biggest investment, it would be wise to work with your real estate agent and/or a lawyer/notary in preparing your […]
Pre-approval: what it really means
Early on and even before you start home shopping , you need to determine the price range that suits you. If you plan to finance your purchase with a mortgage loan, sit down with your lender or mortgage specialist to discuss your needs and get mortgage pre-approval. That way, you know exactly how much […]




