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Mortgage Broker News | 26 May 2014, 12:10 PM Agree 0
One leading Ottawa broker isn’t convinced the city's condo market will heat up, despite optimistic reports from the Canada Mortgage and Housing Corporation.
  • Angela Wong-Liao - Invis Inc | 26 May 2014, 05:30 PM Agree 0
    I understand that landlords are complaining that their rental income is not able to cover the mortgage payments, condo fees and property taxes, I agree with Himyary. On the contrary, due to the shortage of semi and detached inventories, some pockets of Toronto have very intense bidding war. I have a client who purchase a house listed for $629K and sold for $780K, almost over 20% of asking price for a nice semi-detached in the Bloor West Village area.
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