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TOP 5% OF AGENTS ON THE TORONTO REAL ESTATE BOARD
TOP 6% OF CENTURY 21 AGENTS IN CANADA
2017 CENTURION PRODUCER AWARD WINNER
2017 PACESETTER GOLD AWARD WINNER
2017 AWARD OF EXCELLENCE FOR OUTSTANDING ACHIEVEMENT
Thank you to all my clients for making it such a success!
SOLD OVER ASKING!
219 REEVES WAY BLVD. STOUFFVILLE
SOLD!
11 FILBERT CT. STOUFFVILLE
$1,468,000
5 Beds / 5 Baths
$999,998
8 Beds / 6 Baths
$958,000
4 Beds / 3 Baths
$1,088,000
6 Beds / 5 Baths
$689,000
4 Beds / 4 Baths
$998,000
5 Beds / 4 Baths
$1,438,000
4 Beds / 4 Baths
$698,000
3 Beds / 2 Baths
$878,000
3 Beds / 3 Baths
$698,000
4 Beds / 3 Baths
$1,428,000
5 Beds / 5 Baths
$1,488,000
4 Beds / 4 Baths
$1,588,000
4 Beds / 4 Baths
$999,888
5 Beds / 5 Baths
$1,180,000
5 Beds / 5 Baths
$998,000
4 Beds / 4 Baths
$788,000
4 Beds / 5 Baths
$1,338,000
4 Beds / 4 Baths
$1,159,000
4 Beds / 3 Baths
What You Need To Know
The Office of the Superintendent of Financial Institutions Canada (OSFI) published the final version of Guideline B-20 − Residential Mortgage Underwriting Practices and Procedures.
The revised Guideline, which comes into effect on January 1, 2018, applies to all federally regulated financial institutions.
Scenario
A family with an annual income of $100,000 with a 20% down payment at a 5 year fixed rate 3.09% amortized over 25 years can currently afford a home worth $725,000
Under the new rules, they need to qualify at 5.09%. Now they can only afford a home worth $600,000—a difference of $125,000
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The downside
SELL FIRST
The downside
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