News about properties and real estate
This summer, the first residents are expected to move into Cinema Tower, a 44-storey condominium building under construction at Adelaide and John streets. Adam Vaughan, local city councillor for Ward 20 (Trinity-Spadina), takes pride in the amenities he managed to negotiate on behalf of the city and local residents. “It has a huge cultural space …
Continue reading “Can Toronto survive if its real estate boom goes bust?”
A Holmes Beach real estate investor bought an acre of waterfront land on this barrier island for $1.68 million, divided it into three lots and sold them at a $710,000 profit. Richard S. Eason bought the property at 3454 Gulf of Mexico Drive earlier this month through a company he controls — The Enclave at …
There are all kinds of advantages that can come with paying off a mortgage. From the obvious savings on a monthly mortgage payment and the interest associated with such a loan, to the reduction in stress at having this financial obligation gone and the freedom to apply the funds that would have gone to a …
Continue reading “Techniques We Used to Pay Off Our Mortgage Early”
Some advocates for expanded homeowners’ rights are heartened by a new law that seeks to rein in some questionable, if not outright bad, practices by developers and homeowners associations. Gov. Rick Scott on June 14 signed a wide-ranging reform bill affecting how HOAs operate, including new provisions covering record keeping, elections, on-site management and homeowners’ …
Continue reading “New Home Owner Association law approved; Sen. Hays fulfills promise”
Luxury Realtor and designer Darren White built the $2.5 million penthouse Aqua Vista with an eye for high society. Swaddled in granite and Portuguese cork, the 29th-floor penthouse boasted a poolside cabana the size of a Tokyo apartment. So last month, White gathered his blueprints and joined a clutch of real estate elites at a …
Driving the streets of Edgewater recently, Martin Melo eased the accelerator of his Porsche Panamera to point out large swaths of land his family-run firm has cobbled together for high-rise development in one of Miami’s most rapidly emerging neighborhoods. “This four-block area is ours,” said his brother Carlos, whose Melo Group has seven condominium and …
Continue reading “A real estate explosion in Edgewater, Miami’s next trendy district”