Claim up to $1,350 in tax relief on home improvements made before February
1, 2010
Let the renovations begin! The federal government's proposed
new Home Renovation Tax Credit (HRTC) allows Canadian homeowners to claim a
non-refundable tax credit of up to $1,350 on eligible expenses incurred for
work performed, or goods acquired before February 1, 2010.
Plan your renovations now so you can meet the deadline!
The one-time HRTC is based on eligible expenses that total
more than $1,000 but not more than $10,000 and is claimed on the 2009 income
tax and benefit return. If you've been putting off replacing that new roof or
septic system because of the economic downturn, the HRTC could be just the
incentive you need to get started.
The HRTC was introduced in the federal government's Economic
Action Plan to provide a timely stimulus to the Canadian economy.
For more information, visit www.cra-arc.gc.ca/hrtc. (NC)
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Making your renovations pay
off
A few years after moving into their single-family home, Trish McMahon and
her husband decided the time had come to renovate.
They began by putting a two-storey addition on the back of the house, with a
roomy master bedroom on the upper level, that included an ensuite bathroom and
a walk-in closet.
On the main floor they built a family room, giving them a bit of extra space
for their growing clan (they have a 2 1/2-year-old and a baby on the way).
The following year they finished the basement, adding a bathroom, laundry room
and more storage space.
Click here for the full article
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Market News
GTA REALTORS®
REPORTING OCTOBER MID-MONTH HOUSING STATISTICS
TORONTO, October 19,
2009 -
In the first two weeks of October, Greater Toronto REALTORS® reported 3,631 sales -
up 34 per cent compared to the first two weeks of October 2008. The average
price for these transactions was up 17 per cent year-over-year to $414,479.
"While demand
for existing homes has remained strong, it is important to recognize the context
of current statistics. We are now making comparisons to the fall of 2008 when
we experienced a marked decline in sales and average price," said TREB
President Tom Lebour.
Year-to-date sales,
at 69,964 are up six per cent compared to 2008. Average price, at $389,687, is
up by two per cent.
Click here for more
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Chocolatefest 2009:
October 19-25
The Toronto Chocolate Festival is back for its fourth year!
Chocolatiers and
pastry shops will open their doors and welcome you with chocolate delights with once a
year offerings and samplings.
Some of Toronto's top chefs are expected to prepare some
of their most delectable signature chocolate dishes, desserts and drinks during the
duration of Chocolate Fest '09. Chefs will offer a menu of chocolate infused foods,
chocolate dessert specialties and chocolate drinks (alcoholic and non-alcoholic).
Click here for more information
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Sold! Richmond Hill bungalow with lots of curb appeal
410 Marybay Crescent
We sold this one at 99% of the list price!
LISTED $415,000 AND SOLD FOR $411,000 IN JUST TWO DAYS. Gorgeous Raised
Bungalow On A 60' Premium Lot Backing Onto A Park. Large Formal
Living/Dining Areas, 3 Bedrooms, Spacious Eat-In Kitchen Has Walk-Out
To Deck. Crown Mouldings. Bsmt Finished With 2 Bedrooms (1 Bedroom Was
Rec Room), Washroom, Laundry Room, Furnace/Storage Room And Cold Cellar.
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Sold! Great home in prime location
21 Montrose Avenue
Our buyer purchased this great home. Very Clean And Well Maintained Semi In Little Italy.High
Ceilings,Hardwood Floors,Original Wood Trim And Fireplace
Surround.Fireplace Is Closed.Large Eat-In Kitchen.Main Floor Addition
With Walk-Out To Backyard.Cozy With Wood Stove.Furnace'06,Newer
Windows,Newer Appliances Updated Bath.Clean And Dry Basement With 2
Cantinas And Seperate Entrance. Laneway Access For 2 Possible Parking
Spots.Walk To College Street + Trinity Bellwoods Park.
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Sold! Well-Maintained Detached home in Mississauga
3173 Ibbetson Crescent
We found our buyer this dream home with lots of potential in a great Mississauga neighbourhood. Shows Pride Of Ownership...Close To University of Toronto Mississauga Campus; Schools; Transportation;Go; Hwy's. Original Owner! Well Cared For Home. Garden has Lots Of Perennials.
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The Rental Corner:
Two-Level townhome in Liberty Village
Rented for $1450
One Bedroom Townhome With Great Layout On Two
Levels. Close To Metro, Restaurants And Shops. Terrace With Gas Line
For Bbq's. Includes Underground Parking.
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