Hot New Listing!

                    
This Is A Must See!
A beautiful large 4 bedroom home in a high demand area that is a short stroll to the Lake in a great family community. This home sits on a premium corner lot and features many great upgrades and a media room in the basement! Close by to a community center, daycare & soon to be added splash pad!

•    Open concept living/dining room
•    large master with ensuite and walk-in closet
•    Potlights and crown molding throughout
•    Steps to lake and waterfront trail
•    expanded driveway and nicely landscaped front yard

Contact me for more information or to view the property!

St. Lawrence Market

There are so many reasons why Toronto is one of the best cities to live in and the St. Lawrence Market is a perfect example of why. One of Toronto's most exciting markets, the St. Lawrence Market is located in the centre of the exciting historic Old Town Toronto.

The St. Lawrence Market boasts great farmer's markets, antique markets, delicious restaurants, the St. Lawrence Market Gallery, and a variety of areas to shop for food at delis, bakeries and meat shops. my office close by, I often treat myself to some of the delicious food sold there.

find out more at St. Lawrence Market site.

What They sold For May 2011

Market Watch report For May 2011

Hot new listing in the Players Club, 2 bed with den

Welcome To The 'Players Club' and life by the lake. With its easy access to parks, bike paths, the city and the lake this is the place to live!

This unit is packed with upgrades! Check out the gleaming cherry hardwood floors throughout, the quality roller shades, professional closet organizers in both walk-in closets, a terrace and separate balcony off master bedroom.

You will have easy access to the City on the TTC or on the Express Shuttle.

Includes the Stainless steel fridge, gas stove, dishwasher, microwave and the washer and dryer.

 Bonus extras include; a gas BBQ and its gas main hook up on the terrace, 9Ft Ceilings with crown moulding and a rough in for a gas fireplace in the living room.

To View The Virtual Tour Click Here

See more listings at Robmills.ca

Home prices in Canada stabalize after post recession recovery

Read this report about more good news regarding home prices in Canada.





http://www.royallepage.ca/en/media/110412-house-price-survey-q1-2011-real-estate-market-update.aspx?bottomcontent=874&toolstips=1052&relatedcontent=1074

King Court Luxury 1 Bed Condo For Sale - Just $289,900

Live in luxury in the Kings Court!

This is an amazing opportunity to live on King St, only steps from the St Lawrence Maket, Finacial District, Entertainment District with easy access to stores, cafes, restaraunts and bars. Streetcars are on your doorstep.

Features an open balcony, ensuite bath and plenty of closet space.

The building offers awesome facilities from the rooftop terrace with BBQ's to the 24hr concierge.

Check The Virtual Tour By Copying And Pasting:- http://www.ottna.com/preview_property.php?pcP2057890C

Please visit my website RobMills.ca for more information.

According to new data released by the Teranet-National Bank Composite House Price Index, Canadian property resale prices continued their ascent in January 2011,


The Index, which is an indication of movement in repeat sales of single-family homes in six metropolitan areas, showed that prices rose by 0.4 % in January from December.

The Vancouver market is largely responsible for the overall measurement of nationwide growth.

In four of the six markets measured, prices went up. The report says, “January prices were up from the previous month in four of the six metropolitan markets surveyed: 0.9% in Vancouver, 0.5% in Toronto, 0.4% in Halifax and 0.3% in Montreal.

Prices were down 0.6% in Ottawa, a fifth straight monthly decline, and 1.0% in Calgary, a fifth decline in six months. Thus the correction of late last year turned out to be short-lived for the country as a whole - three months - and longer-lasting in Ottawa and Calgary.”

Also, looking year over year, the Price Index has risen by 3.9 %, perhaps suggesting that the Canadian markets, generally speaking, are returning to more sustainable levels of price appreciation.

Looking at the various metropolitan areas, year-over –year, there has been similar movement: “The largest 12-month rise was 8.2% in Halifax. It remains to be seen whether this lead will last, since the small number of transactions normally recorded in Halifax in December and January could make its reading less stable. The 12-month increase was 6.4% in Montreal, 5.3% in Ottawa, 5.1% in Vancouver and 3.9% in Toronto. Only in Calgary were prices down from a year earlier, by 3.4%.”

The index as well, takes into account the possible influence that the announcement of Jim Flaherty’s mortgage restrictions had in pushing consumers to market: “Between January 17, when the federal minister of finance announced that the maximum amortization period for an insured mortgage would be reduced to 30 years from 35 years, and March 18, the announced effective date, the resale market may have been influenced by the prospect of this change.”

Look up the Shelter Foundation charity Garage Sale near you, May 14 2011. All proceeds fund womens shelters and violence prevention and education programs.
http://ht.ly/4tQEV

Understanding your credit report

If you are planning to buy a home, then it's time to start thinking about a credit report.
A credit report documents your financial history and contains information about your debt including loans and credit–cards, lines–of–credit and any outstanding bills that were sent to collection agencies. It indicates how regularly you made payments and how many times you've applied for credit.

Financial institutions use credit reports to help them determine how you well you will pay your mortgage, and to establish if there is a risk of you defaulting on your mortgage payments. The higher your credit rating, the more likely you are to pay your bills on time.

Since credit reports can impact your ability to obtain a mortgage, it's important to protect your rating by making your loan and credit card payments on time and by not taking on more debt than you can handle. It also takes time to build a good credit history. Be sure to apply and use your credit cards to build a track record of repaying debt.

It's also wise to view your own credit report to ensure the information is accurate. For a small fee you can request to view your score online immediately, or you can ask for it via mail, which is free. The two credit reporting agencies in Canada are Equifax Canada and TransUnion Canada.

The information on your credit report is confidential and you have to give permission for a third party to view it. Typically lenders, landlords and employers are the people who will want access. Mortgage default insurers such as Genworth Financial will also require a credit report before finalizing mortgages with you.

Information included in the report includes name, address, social insurance number, contact details, date of birth, current and previous employers. It also details your credit history such as bill/debt payments. It can contain information such as bankruptcies and also lists all the parties who have received the report. It does not include your medical history or purchases made with cash.

If you are declined credit, try to find out the reason why, you may not meet the minimal income requirement or haven't been at your current residence or job long enough. If you have ever declared bankruptcy, that will stay on your report for six to seven years.

Building good credit is as easy as paying your bills on time each month. Get started early to ensure you've got a good history to show your potential lenders.

To request your credit report visit www.equifax.ca or www.transunion.ca today. To learn more about mortgage default insurance and to find more tips about homebuying, visit Genworth Financial's helpful website at www.homeownership.ca.

http://www.newscanada.com/