Location, Location, Location !
No doubt that Webb Drive has got the location part covered. Located across from Mississauga City Centre and minutes walk from Square One Shopping Mall the location can not be any better.
What about building amenities?
Webb Drive Condos in general have the amenities today’s condo life has to offer. From indoor swimming pool to gym, 24 hour security, visitor parking, guest suites, tennis courts and more. Overall these condos have been maintained well and up-to-date.
Unit sizes in Webb condos are generous compared to many other condo buildings in Mississauga. A 2 bedroom unit averages about 1100 square feet, not bad when you are paying $550 per month for maintenance that includes everything except tv cable.
Condo building addresses on Webb Drive is as follows:
225 Webb Drive
250 Webb Drive
300, 350, 400 and 500 Webb Drive.

Prices?
I’ll have to admit that prices have gone considerably since last year. A two bedroom condo unit that was listed last year for $205,000 is now listed in the $230,000 or $240,000 range. Again, price is dictated by supply and demand and also influenced by prices in the area.

Limelight Condos in Mississauga being built by Daniel’s has brought a big buzz to the Mississauga condominiums market. Limelight condo is the fifth building tower that Daniel is building in Mississauga City Centre. A luxury 22 storey hight condo tower wrapped with glass and aluminum frame has a green design to it.

There is about 235 suites in the Limelight condominium with smallest suites starting at 450 square feet for studio and selling for $190,000 and up. Larger suites go up to 1000 square feet. Maintenance fees for Limelight condos is estimated at 50 cents per square feet.

The sales event has already taken place and during the VIP Brokers event most of the units were sold. The smallest apartment units were the first to sell. There are many disappointed buyers who missed to secure a unit.

We will monitor the activities and will post any units coming up for sale at Limelight by assignment by the original buyer.
Meanwhile if you are looking for a unit in this highly in demand condo, leave us a note and we will get back to you.

limelight condos

TORONTO, October 5, 2010 –

Greater Toronto REALTORS® reported 6,310 sales through the Multiple Listing Service® (MLS®) in September 2010.

Commercial Lease Transactions Remain Strong in August and Year-to-Date

September 3, 2010 – In August, TREB Commercial Members reported 887,434 square feet of leased space, up 55 per cent from the 571,751 leased square feet recorded in August of 2009. Through the first eight months of 2010, commercial lease transactions were up 67 per cent compared to the same period in 2009.

“Economic conditions are much improved compared to 2009. Growth has occurred in most sectors of the economy, resulting in relatively steady employment growth as well. Against this backdrop, it makes sense that the demand for commercial space increased during the first eight months of 2010,” said Commercial Council Chair Larry Purchase.

By category, TREB Commercial Members leased 803,134 square feet of industrial space, up 63 per cent over last year’s total of 492,163 square feet. In addition 41,028 square feet of commercial space was leased, down 20 per cent from the 51,332 figure recorded in August of 2009. Finally, 43,272 square feet of office space was leased – up 53 per cent from the 28,256 square feet recorded during the same month last year.

Lease rates were mixed in August. Industrial space in all size categories leased for an average of $5.34 per square foot net (sfn), up two per cent from $5.21/sfn recorded in August of 2009. The average lease rate for commercial space rose 19 per cent to $23.47/sfn from $19.75/sfn reported during the same month last year. Office space leased for an average of $9.70/sfn – a 21 per cent decrease from the average of $12.34/sfn reported last August.
Ad: Two Gas Stations For Sale is available in Ontario. Includes McDonald restaurant, LCBO and Beer Store as well as convenience stores. Also comes with 3.5 Acres of land ready for building plaza.

Sales Market Highlights
TREB Members recorded 63 sales of IC&I properties in August, including 35 industrial buildings of all size categories. The average sale price was $101.77 per square foot. This compares to an average selling price of $83.13 per square foot derived from non-MLS sources. The 28 commercial/retail sales recorded during this same time-frame averaged $141.60 per square foot.

Just listed a one year new condo at 4K Spadina Ave in downtown Toronto. One of the most desirable condo building of CityPlace. Top floor with lake view !!!
Why Rent?! Absolutely Stunning, Modern, Super Affordable 1 Bedroom On Penthouse Floor! Neo By Concord Cityplace. 460Sf + 50Sf Balcony, Floor To Ceiling Windows, Open Concept, Granite Countertops, Lake Views, Large Closet, 6 Appliances. Great Location: Main Floor 24Hrs Sobeys, Restarants, Shops, Seconds To Rogers Centre, Metro Convention Centre, Cn Tower, Lake Ontario, Hto Park, Ttc, Entertainment/Biz/Theatre Districts, China Town And Gardiner!
Offered at: $254,900

For condos in 8 Telegram Mews, 25 Telegrame and 25 Capreol chick out Luna Condos Toronto

We can sell your LUNA Condo at Cityplace for a discount commission rate.

TORONTO, September 16, 2010 ‐ Greater Toronto REALTORS® reported 2,623 sales through the Multiple Listing Service® (MLS®) during the first two weeks of September 2010. This represented a 22 per cent decrease compared to the 3,361 sales recorded during the same period in 2009. Year-to-date sales amounted to 65,455, representing a six per cent increase compared to 2009.

“Sales remain below the record pace we experienced in the second half of 2009. The prospect of higher interest rates and new mortgage lending guidelines resulted in higher than normal sales in the first few months of the year. To balance this out, the pace of sales has slowed in the second half,” said Toronto Real Estate Board President Bill Johnston.

“It is important to note that year-to-date sales remain above the number reported through the same period last year,” added Johnston.

The average price for September mid-month transactions was $412,367 – up five per cent compared to the average of $393,818 recorded during the first 14 days of September 2009.

“Under current lending standards, the average selling price is affordable for a household earning the average income in the GTA. The annual price growth we have been experiencing has been justified by this positive affordability picture,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

More information on GTA MLS bellow.

Another masterpiece by Davies-Smith Development in Mississauga City Centre. Available for sale is a two bedroom spacious unit on higher floor. South facing unobstructed view of Lake Ontario, elegant upgrades and choice of color ads to the value of this unit.

The layout is one of the most desired ones in this condo building. Offered at much lower price than what the builder is selling for.
This building has a mix of condos and lofts which makes it unique in Mississauga.

Fashions change but “basic black” never goes out of style. And that same classic look now sets the tone at Mississauga City center for a lifestyle of timeless appeal. Here ONYX Condo offers a superb selection of lofts and condos, blended throughout a sleek 35-story high-rise of shimmering glass and steel. With a chic black & white color scheme that is showcased throughout its interior. Concieved with passion. Designed with flair. Crafted with precision”

This condo is not listing on the GTA MLS Listings. Offered for sale by assignment of agreement of purchase and sale.
Makes a great investment. Don’t wait as this unit won’t last very long !!!

Asking: Call or E-Mail

Introducing Pinnacle Grand Park, the newest addition to the dynamic Mississauga skyline. Located west of Hurontario Street and south of Burnhamthorpe Road, Pinnacle Grand Park is situated right in the heart of Mississauga. Architecturally distinct, this 28-storey building features a wide selection of suites designed for every lifestyle, from singles to couples to families.

Pinnacle International is one of Canada’s leading builders of luxury condominium residences, hotels, and commercial developments. Based in Vancouver, British Columbia, Pinnacle International has been involved in the development, design, construction and management of their projects for over three decades.

Pinnacle’s portfolio includes landmark residences and hotels in Vancouver, such as The Pinnacle, Venus, Classico, The Ritz, The Sapphire, The Marriott Vancouver Pinnacle Hotel, as well as their expansive development in North Vancouver – The Pier. Pinnacle is the developer of The Whistler Pinnacle Hotel in Whistler, The Pinnacle Museum Tower in San Diego, and in Toronto, Bellagio on Bloor and Pinnacle Centre, a downtown waterfront community with over 1,800 residences. Register for VIP preview and prices at Pinnacle Condos

For more on Pinnacle Condos Mississauga

Real Estate services are not limited to purchase and sale of residential and commercial properties.  Rentals are the seconds major transaction in real estate. It’s been the case that not too many Realtors are interested in rentals and leasing residential properties such as homes and condos. Mississauga for its part offers a variety of rental buildings and condominiums for leasing. Rental prices vary based on the location, type of building, amenities included, age of condo or home, unit sizes etc.

Here is some information regarding Tenancy and related issue. I’ve setup a website specifically dealing with Mississauga condos for lease.

STARTING A TENANCY

Do landlords and tenants have to have a written lease or tenancy agreement?

A tenancy agreement is a contract between a landlord and tenant in which the tenant agrees to pay rent for the right to live in a rental unit provided by the landlord.  In it, the landlord and tenant may also promise to do certain things for each other and to follow certain rules.  Sometimes tenancy agreements are called “leases”.

The Residential Tenancies Act does not require all landlords and tenants to have a written tenancy agreement or lease.   A tenancy agreement can be an oral or written arrangement.  However, it is generally better to have a written agreement.  A written agreement creates a record of the things agreed to by the landlord and tenant.  If there is a dispute later, a written record of the agreement may help to settle the dispute.

Exception: The Act does require a written rental agreement in a care home rental arrangement. For information about what information must be included in a care home agreement contact the Board.

What information should be included in a tenancy agreement?

If the tenancy agreement is in writing, it must set out the legal name and address of the landlord so that the tenant knows where to send any notices or documents that are required under the Act.

A tenancy agreement may also contain information about:

• the date the tenant will move into the rental unit,
• the rent amount,
• the date rent is to be paid,
• what services are included in the rent (such as electricity or parking) and any separate charges, and
• the rules that the landlord requires all tenants to follow.

The tenancy agreement should not contain any rules or conditions that are not allowed by the Residential Tenancies Act.  If there are any such rules or conditions in the agreement, they will not be enforced by the Board if there is a dispute between the landlord and tenant.

The Board cannot tell you what information should be included or how to draft a tenancy agreement.  The parties to the tenancy agreement must make this decision.  You may wish to seek legal advice before signing or drafting an agreement.

Landlords may be able to get some information or advice about preparing and using a rental application form or lease from one of the landlord organizations listed in the Other Help section of our web site.

Tenants may be able to get information or advice from one of the tenant organizations listed in Other Help.

Can I get a lease or a rental application from the Landlord and Tenant Board?

No, the Board does not provide rental application forms or leases. (see previous question).

What information does a landlord have to give to a new tenant?

A landlord must give all new tenants information about the rights and responsibilities of landlords and tenants, the role of the Board and how to contact the Board.  The Board has a brochure called Information for New Tenants that landlords must use.  The Information for New Tenants brochure must be given to the tenant on or before the day the tenancy begins.  Note:  The tenancy begins on the date the tenant is entitled to move into the unit, even if the tenant does not move in on that date.

In addition, if the tenancy agreement is in writing, information about the landlord’s legal name and address must be included in the lease.  After the tenant has signed the lease and returned it to the landlord, the landlord then has 21 days to give the tenant a copy that has the signatures of both the tenant and the landlord.

Where there is no written tenancy agreement, a landlord must inform the tenant, in writing, of the landlord’s legal name and address within 21 days after the tenancy begins.

If the landlord does not give the tenant a copy of the signed lease within 21 days or, if there is no written agreement and the landlord fails to inform the tenant of its legal name and address within 21 days, the tenant does not have to pay rent.  However, once the landlord provides the tenant with the required document(s), the tenant must pay back any rent that they withheld.  If the tenant refuses, the landlord could seek to evict the tenant for arrears of rent.

Can a landlord charge a person a deposit or a fee for allowing them to rent a unit?

Yes, a landlord can collect a rent deposit if it is requested on or before the day that the landlord and tenant enter into the tenancy agreement. The rent deposit cannot be more than one month’s rent or the rent for one rental period, whichever is less.   For example, if rent payments are made weekly, the deposit cannot be more than one week’s rent; if rent payments are made monthly or bi-monthly, the deposit cannot be more than one month’s rent.

The rent deposit must be used for the rent for the last month before the tenancy ends.  It cannot be used for anything else, such as to pay for damages.

For more information about rent deposits and rent rules, see the Rent section in the Frequently Asked Questions.

Can the landlord refuse to rent to a person if they have a pet?

Yes, if a landlord has a “no pets” policy and they learn that a person applying to rent an apartment has a pet, the landlord may refuse to rent to that person.

The Residential Tenancies Act states that any clause in a lease that prohibits pets is void.  This means that once a person becomes a tenant, if they have a pet even though the lease says pets are not allowed, the landlord cannot evict the tenant just for having the pet.  However, the Landlord can apply to the Board to evict a tenant if the pet is causing a problem.  See the question on “Can a landlord evict a tenant for having a pet?” in the How a Landlord Can Evict a Tenant section of the Frequently Asked Questions.

Can a landlord ask a person applying for a rental unit to provide information about their Income, credit references and rental history?

Yes, when choosing a new tenant, a landlord can ask the person applying for the rental unit to provide information such as: current residence, rental history, employment history, personal references and income information (if credit references and rental history information are also requested).  However, the Ontario Human Rights Code has special rules about asking for information about the income of a prospective tenant.  Landlords must follow these rules.

The Code is enforced by the Ontario Human Rights Commission. If you have questions about the rules for requesting income information, you may contact the Commission by phone at 416-326-9511 or toll-free 1-800-387-9080

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Got a new listing at 365 Murray Ross, 2 minutes walk to York University Campus. Newly developed complex, one of the greatest townhomes in the area. Spacious 3 bedroom condo. A corner unit, rarely available for sale!. Plenty of visitors parking, 2 car garage, family size kitchen, breakfast area, parquet flooring, South West facing. Luxury, convenience and affordability; all in one in this townhouse. A must see.

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