Ontario Community Newspapers

Oakville Beaver, 28 Dec 2007, p. 29

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www.oakvillebeaver.com The Oakville Beaver, Friday December 28, 2007 - 29 First-time buyers of resale homes to benefit from new tax measure Reflected in the December 13, 2007 News Release, the McGuinty government proposed to expand the Land Transfer Tax Refund Program to include purchases of resale homes giving all first-time homebuyers a break on land transfer tax. "Expanding this Land Transfer Tax refund is an important part of our government's commitment to helping Ontarians buying their first home," Finance Minister Dwight Duncan said. First-time buyers of resale homes, as well as newly constructed homes, would be eligible for a refund from the provincial government of up to $2,000 of the Land Transfer Tax paid. The expanded Land Transfer Tax Refund Program for First-time Homebuyers is part of a $3-billion package of business tax incentives and investments in skills, training and infrastructure announced in the 2007 Fall Economic Outlook and Fiscal Review. Ontario's economy has been challenged by external factors. In response, the McGuinty government package strengthens Ontario's economic advantage. I recently reported that the outlook for the housing market continues to be very upbeat. Housing starts will remain above the 200,000 unit threshold for a seventh consecutive year in 2008. Inflation will remain modest at about 2 per cent per year over the medium term. As a result, both short and long term interest rates will be fairly stable going forward. Population growth is a key driver of housing demand as net migration is forecasted to continue to rise steadily. The Land Transfer Refund Program amounts for almost $300 million over three years. A good kick-off to JERRY BOCCHINFUSO Real Estate Today our 2008 market. Happy New Year to everyone! I am expecting another very healthy real estate market this year. Jerry Bocchinfuso is an Honours Graduate from the School of Business & Economics at Wilfrid Laurier University. Jerry started his real estate career in 1979 selling new homes, co-founded and operated a rural land development company for 15 years, and joined Century 21 Miller Real Estate Ltd. in 1995 to sell Residential Real Estate. A Century 21 International Award Winner, Jerry can be reached at 905-845-9180. FIND ME FAST!! SANDY'S CELL DIRECT SANDY'S E-MAIL BLACKBERRY 416562-7626 findmefast@rogers.blackberry.net virtual tours: www.royallepage.ca/sandydalton Royal LePage Real Estate Services Ltd Broker Top 10% Royal LePage in Canada OFFICE 905 845-4267 $327,500 $794,900 Sandy Oliver Dalton Sales Representative, S.R.E.S. ACROSS FROM EXECUTIVE GOLF COURSE! WALK TO THE HARBOUR Easy maintenance free condo living. Nicely upgraded throughout. Fully fenced private back garden. PRIVATE RAVINE LOT Stunning 190' premium lot. Desirable "Lakeshore Woods" community. Extensive quality upgrades. $499,900 NAME YOUR POSSESSION A WINTER WONDERLAND! COUNTRY SETTING YET MINUTES TO OAKVILLE! FLEXIBLE POSSESSION! APPROXIMATELY 2700 SQUARE FEET Great value here! Magnificent floor plan with kitchen adjacent to Family Room overlooking woodburning fireplace. Original owners have lovingly maintained this home. Poured concrete driveway holds four cars plus insulated two car garage. Absolutely beautiful, fully fenced mature backyard with extensive deck. Wi h B BRONTE CREEK BEAUTY Fabulous kitchen with s/s appliances. Quality Branthaven built home. Second floor family room. Wi h 1+ acre beautiful property, 310' frontage. Spacious bungalow with woodburning fireplace in Living Room, spacious Dining Room, updated kitchen, lots of hardwood, ceramics, full master ensuite, finished recreation room, double garage. It's a gem! WOW $529,900 Call Me Today To View! $449,900 Compare square footage of currently listed properties in this price range! $3 7 9, 00 0 Exec. style condo on Burlington's Lakeshore. Private balcony walkout from bedroom & livingroom. 2 Oversized underground parking spaces. Locker included. Wonderful landscaped grounds. Excellent amenities including Party room with library, big screen T.V., Fireplace & BBQ Area, exercise room with hot tub. Controlled entry. WATERFORD PLACE Happy Hogmanay! A guid New Year to ane `a' and mony may ye see! SCOTT MACCLURE Sales Representative MICHELLE RYDER Sales Representative 905-483-4267 905-483-5037 scottmacclure@ scottmacclure@cogeco.ca michelleryder@royallepage.ca michelleryder@ 905-845-4267 Diana Galic Sales Representative University which earned her a spot on an Entertainment Show as an on-air reporter and segment Producer. Diana and her young family are residents of Oakville and she is very knowledgeable of what this great community has to offer. Diana is fitness enthusiast with a blue belt in karate and she is also a die hard hockey fan and soccer fan. Diana's dynamic personality makes her a joy to work with and her former clients can attest to that. Diana looks forward to working with all her new and past clients. For your best choice in real estate call Diana today at 905.257.3633! The best live here! If you are considering a career in real estate or would just like to learn more about Royal LePage please give Laurie, Claudia or Walt a call. The Royal LePage Oakville Management team of Laurie Panchyshyn, Claudia DiPaola and Walt Jurgen are very pleased to welcome Diana Galic to their Team of Award Winning Realtors. On the move! Diana Galic is very excited to be associated with the new Royal LePage office in North Oakville. Diana gained her real estate experience as a new home salesperson in the Joshua Creek Area. Diana is not only experienced in sales and upgrades but her passion for interior decorating prompted her to achieve her certification with the Canadian Staging Professionals. As a former Flight Attendant, Diana prides herself in customer service and satisfaction. Diana's personal goal is to ensure her clients have a positive purchase or sale experience from the beginning to the end of the process. Diana's diverse background includes Radio and Television Arts at Ryerson Polytechnic 905-257-3633 www.royallepage.ca Helping you is what we do.

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