I pulled those charges directly from my closing statement. I had no additional levies or development charges. From what I've read the developer will only charge you those levies if they've increased between when you sign your deal and when they receive the building permits. I could be wrong.
Are you including land transfer tax in your 15k number?
I closed in December and on a purchase price of approx $500k my closing costs were:
1) Tarion - 1,039.60
2) Utility connection - 2,000 (capped but original amount was 3,264.75)
3) Form Fee - 169.50
4) Discharge Fee - 226.00
5) LPIC -...
Its not that hard to find the Q4 2012 unadjusted numbers:
http://www.torontorealestateboard.com/market_news/condo_report/2012/condo_report_Q4-2012.pdf
So unadjusted to unadjusted
2012 - 3,830
2013 - 4,586
Still a 19.7% increase vs the 21% reported
Whats even more interesting is that its...
They're in the process of taking down the construction elevator. The guy I spoke with said 3-4 days. I wonder how long after that will the sidewalk be returned to pedestrians?
I'm one of the purchasers. Here's what I can say about everything so far:
The Good
1 - The communication with the builder has been pretty great with me. An example...my PDI was delayed a few days (2 business days) at the request of the builder. When I spoke with the representative on the...
I had my PDI last week. I asked about the commercial spaces. One has been leased to a dentist and the other to a coffee shop. He wouldn't provide a name of the chain.
Its not as straight forward as that. If you do a quick search for amortization tables you will find your answer. Using the data you provided and an assumed interest rate of 5% and monthly payments the balance at the end of 2 years using 20 year amortization would be $93,872.
Payment...
Well this is interesting. Letter from my builder:
As of Monday June 17, 2013, the Labour Relations Board ordered residential construction site elevator maintenance workers back to work in the GTS and Simcoe County. To date, no workers have returned to our site, nor are we able to contact anyone...
And it looks like its coming to an end. I wonder how many new construction buildings will be delayed because of this.
http://www.cbc.ca/news/canada/toronto/story/2013/06/11/toronto-elevator-workers-strike.html
Elevator repair work stoppage lifted by June 17
GTA's 800 lift mechanics to be back...
Impact on the TTC
http://www.cbc.ca/news/canada/toronto/story/2013/05/13/toronto-ttc-elevator-strike.html
The Toronto Transit Commission says they are adding buses and looking at their options for riders as the elevator workers strike continues.
Some commuters rely on the 80 elevators...
Another one:
http://www.thestar.com/news/gta/2013/05/12/elevator_technicians_strike_leaves_man_worried_for_elderly_mother.html
Roy Leffell went to visit his mom at her old-age home on Mother’s Day and, like a good son, left with a feeling of disquiet.
All four elevators in her wing of the...