About Mississauga's Eagle Ridge Condos

dpylyp

"Next year at this time, the Ontario government - the same government that still maintains rent controls - will raise monthly maintenance fees for all condominium owners by between 5 per cent and 8 per cent.

Renters will face rent hikes based on operating costs for their buildings. Those increases will vary but could be in the $25-a-month range for a downtown one-bedroom suite.

Owners of older condos may face an even greater hike to top up their building's reserve fund if major work such as replacing a roof is slated for the near future.

At the same time, developers of projects with suites already sold but not yet occupied are scurrying to their lawyers. Their concern is an 8-per-cent hike in monthly maintenance fees may trigger the "material change" clause in purchase agreements and allow buyers to back out of signed deals."

http://www.theglobeandmail.com/real-estate/its-coming-hst-may-scuttle-condo-deals/article1204454/

You need to read the rest of this for yourselves.

According to the Author, the maintenance fees will increase on all existing units in addition to those that have purchased may now have an "out"

What are your thoughts?

David Pylyp
Http://Davidpylyp.com

I had a call from one of my clients telling me that another agent was advertising in the area and it looks like my advertising. I picked up the copy and sure enough it looked very similar to mine.

At first I was ticked off, but then after talking to my marketing team they advised me that I should take it as a compliment. People & companies always try to ride the coat tails of success. I have been established in the area for a number of years and here was an agent trying to get in. Best way? Mimic what works.

I'm still ticked, but not much I can do, other than do better! ...and I always have. My ads are catchy, full color, proofed, with no B.S. gimmiks or scams.

Once again 'CallPaul' and see the difference!

www.movewithpaul.com