Friday, March 25, 2011

SOLD OUT - The Magic of a Winning Condominium

WOW!  The April 2 2011 One-Day Condominium Workshop & Trade Show "THE MAGIC of a WINNING CONDOMINIUM" is sold out.  We have over 140 registrants and over a dozen trades participating.  We look forward to seeing everybody at the workshop.

THE GRANTS
  

Connie Grant

Broker, ACCI, FCCI, CRES, CMOC
RE/MAX
 Hall Of Fame
 
 
Fraser Grant
Broker, CPM, FRI, CMOC, CRP, ACCI, FCCI
RE/MAX Hall Of Fame 

RE/MAX Centre City Realty Inc., Brokerage
675 Adelaide St. N.,
London ON  N5Y 2L4

Phone 519.667.1800
Fax     519.667.1958
Toll Free 1.800.667.1801
Email:  sales@the-grants.com 
Web Page: www.the-grants.com

Friday, March 4, 2011

London Ontario Real Estate : February 2011 Real Estate Stats

February 2011

Condos Sold   116 down 0.9 % from February 2010

2011 Year-to-date

Condos Sold  197 down -7.1% from 2010 Y-T-D which had  212 condo sales

Average Sale (Monthly) Price in 2011 was $170.035 up 2.7% from 2010 which was $165,625

Average Price (YTD) in 2011 is $174,217 up 3.7% from 2010 which was $168,805.

SALES TO LISTING RATIO REPORT

February 2011 was 43% (43 of every 100 listings sold)

February 2010 was 51%

This is a sign of a market trending to that of a Buyers Market. Sharp pricing is required to be successful in this type of a market.

If you have any questions regarding this report or require more information please call The Grants

 

THE GRANTS 

Connie Grant
Broker, ACCI, FCCI, CRES, CMOC
RE/MAX Hall Of Fame
 
Fraser Grant
Broker, CPM, FRI, CMOC, CRP, ACCI, FCCI
RE/MAX Hall Of Fame

RE/MAX Centre City Realty Inc., Brokerage
675 Adelaide St. N.,
London ON  N5Y 2L4

Phone 519.667.1800
Fax     519.667.1958
Toll Free 1.800.667.1801
Email:  sales@the-grants.com
Web Page: www.the-grants.com

Thursday, March 3, 2011

Minto buys huge London complex

Minto buys huge London complex









Ottawa developer Minto Group has purchased a 13-building apartment complex in London, Ont., marking the biggest real estate deal in the Western Ontario city's history and Minto's largest ever mixed-use property purchase.

The property, called Cherryhill Village, was purchased from family-owned London development company Esam Group. It includes 2,326 residential units, the 158,000-square-foot Cherryhill Village mall and a 31,000-square-foot medical building.

The sale made Canadian history by commanding $215 million, a record-breaking price of for a single-site apartment, according to The Globe and Mail.

According to a release issued by Minto, the Ottawabased company was chosen from a list of 17 bidders. "The mix of well maintained residential and commercial properties makes this portfolio an excellent addition to our existing assets and strategically supports our initiative to expand beyond the Toronto and Ottawa markets," Minto CEO Roger Greenberg said in the release.

Cherryhill Village was one of the major properties owned by the prominent London developer Esam Group, which was founded by Sam Katz in 1957 and remains a familyowned business.

Minto announced plans to start renovations and energy retrofits for buildings on the Cherryhill property.

While The Grants do not deal in large commercial sales, this sale shows that London is a viable market place for real estate investors. That makes London a very desirable location for residential and condominium investment. Condo to Castle to Condo, Where Ever Life Moves You, Call The Grants. We believe in the London and Area real estate values. A great time to buy or sell. Call 519-667-1800 and ask for The Grants

Tuesday, March 1, 2011

London Real Estate - Condominium Workshop & Trade Show

Good Morning

The Grants are excited about the up coming Condominium Workshop & Trade Show "THE MAGIC OF A WINNING CONDOMINIUM" that we are sponsoring.  Go to our web site to see all the great details www.the-grants.com .  Our speakers are the best in their field.  John Dzenekoj is the "Anthony Robins" of condominiums and will keep you entertained as he fills you with great condominium information. Joe Hoffer is a lawyer with Cohen Highley LLP. He will talk about Landlord and Tenant issues as well as Human Rights issues as they affect a condominium corporation. Mario D Deo, B.A. LL.B. with the law firm of Fine Deo from Toronto, is a litigation lawyer and an author of many publications relating to condominiums. His message is a must to hear.  Fraser Grant, Broker, BA, CPM, FRI, CMOC, FCCI, ACCI will walk you through what makes a winning condominium corporation.  

Registration is a must and the cost is $30.00.  Make your cheque payable to "THE GRANTS" and mail it to our office.  Registration is filling up fast as space is limited.

It is Saturday April 2, 2011 - 8 p.m. to 4 p.m. at the Lamplighter Inn & Conference Centre - Continental Breakfast and Lunch included.

See you there.

THE GRANTS  

Connie Grant
Broker, ACCI, FCCI, CRES, CMOC
RE/MAX Hall Of Fame 
 
Fraser Grant
Broker, CPM, FRI, CMOC, CRP, ACCI, FCCI
RE/MAX Hall Of Fame 

RE/MAX Centre City Realty Inc., Brokerage
675 Adelaide St. N.,
London ON  N5Y 2L4

Phone 519.667.1800
Fax     519.667.1958
Toll Free 1.800.667.1801
Email:  sales@the-grants.com 
Web Page: www.the-grants.com