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VIP Investor Event …..

01-27-12

Rosalind Nicholas, Real Estate Agent -Toronto

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Office: (416) 918-1972

Mobile: (416) 918-1972

There is going to be a VIP Investor Event on February 4^th.

The Investor Suites of 1000 Bay in the heart of Downtown Toronto.

The lowest price goes to the people who buy VIP, not to the people who line-up and who when they get in, find red stickers covering the availability board.

The prices range from $250,900 for a 321 sq ft studio to $882,900 for a 1,340 sq ft three-bedroom plus Den suite. Estimated completion date is May 30th 2015.

On this one-day February 4^th, you get to buy at the very 1^st price the suites are released.

So, please e-mail me rnicholas@trebnet.com to buy into this opportunity.

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HST rebates on New condo Purchase for Investors

01-17-12

David Pylyp

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Office: (905) 272-3434

Mobile: (647) 218-2414
Secondary: (905) 361-3387

David Pylyp: I'm with Shadi Nasseri; A Condominium Law Specialist in Down Town Toronto. Tell me about HST (Harmonized Sales Tax Rebates) Can I get a rebate on the purchase?

Shadi Nasseri: When you purchase a new condo in Ontario you have to pay HST on the purchase price. There are however some exceptions to that rule. You can get a rebate of your HST payments, of a certain portion of your HST, if you qualify based on two factors, one, is if you live in the condo yourself, so there's a rebate that applies that you occupy the unit yourself, from the "occupancy date" and at least for a year, after the final closing date.

The other exception is where you rent it. In that case you do not apply for the rebate right away, so it is not deducted from the purchase price on closing, but it is rebated to you, a year after the closing, whereby you show proof that you rented, leased or rented the unit out, for the entire year and that you still own it.

David Pylyp: So, How can people reach you?

Shadi Nasseri: They can reach me on my website - MyTorontorealestatelawyer.com or by telephone at 416 400 6167

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You have 10 days to examine your Condo Contract

01-16-12

David Pylyp

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Office: (905) 272-3434

Mobile: (647) 218-2414
Secondary: (905) 361-3387

David Pylyp: With Shadi Nasseri a Toronto condo Law Specialist, When you buy a condominium from a builder developer there is a cooling off period correct?

Shadi Nasseri: Yes, You actually have a limited time to have your condo agreement of Purchase and Sale revied by a lawyer. Its called the Rescission Period, and usually its 10 (ten) days from the day that you signed the Agreement of Purchase and Sale. This also includes Holidays and weekends! Usually, so... Make sure that you get to a lawyer, contact a lawyer, to review the agreement as soon as possible.

David Pylyp: What types of things are you looking for?

Shadi Nasseri: You want to make sure that you are OK with all the terms of the Agreement.

Although a lot of people say the agreements are standard, What may be standard in One agreement of Purchase and Sale, May not be in your best interest, specific to you, So you ALWAYS need to review it and make sure It is OK for you and your specific conditions.

David Pylyp: I've seen agreements recently that don't even contain the square footage of the condo...

Shadi Nasseri: Yes, Unfortunately that is quite common. They don't have the square footage

and often there are provisions in the agreement that state that the builder has the right to change any aspect of the size and shape of the condo, as they wish.

So you need to make sure, either one that your OK with that or that you can speak to a builder to PIN down exactly what you are going to get.

David Pylyp: How are you dealing with Capped Closing Costs?

Shadi Nasseri: I always like to put in some sort of cap IF it is agreeable to the builder, just to manage your expectations, or the purchaser's expectations on closing. So that when It comes time for closing you are not surprised by the fees that you have to pay with respect to adjustments or HST (Harmonized Sales Tax) excetera, and you can save up for that. If we can get a CAP set with the Builder; you know exactly how much money you will need to close.

David Pylyp: And How do people reach you?

Shadi Nasseri: You can reach me on my website on myTorontoRealEstateLawyer.com or by telephone at 416 400 6167

David Pylyp: Pleased to have Shadi Nasseri on our TEAM of trusted professionals. Shadi is a Toronto Condominium Law specialist with offices in the heart of Toronto's City Center at Yonge and King.

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The plans for 90 Harbour Street, in Downtown Toronto

01-12-12

Rosalind Nicholas, Real Estate Agent -Toronto

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Office: (416) 918-1972

Mobile: (416) 918-1972

The plans for 90 Harbour Street, in Downtown Toronto will be released this month by Menkes Developments.

Menkes is proposing a 31-storey office tower building and also two 70-storey residential condominium towers. This proposal is raising concerns for area residents, who think that this community is already at capacity.

Members of the York Quay Neighbourhood Association (YQNA) fear breakdowns in traffic, transit and pedestrian flow, as this area includes:

1. The Harbourfront Centre

Map Harbourfront Centre