Durham Real Estate Investors Club
Spread the Word

All posts by Durham REI

Pickering opposes Province’s Seaton plans

PICKERING — The City is firing back at the Province over plans that would leave Pickering picking up the tab for infrastructure for the planned Seaton neighbourhood.   In January, the Minister of Municipal Affairs and Housing initiated an amendment to the Central Pickering Development Plan, which was established by the Province in 2006 and […]

Continue reading

Clean-up work continuing at Oshawa waterfront

Clean-up work at the Oshawa waterfront is continuing and Mayor John Henry says things are progressing well. He says the city has already taken back 27 acres on the Simcoe Street side of the harbour, and he’s hoping the federal budget will include money for the environmental clean-up of other lands that are contaminated at […]

Continue reading

Whitby Ranks 16th in Canada’s Best Places to Live 2012

Whitby, March 23, 2012—Each year, MoneySense magazine ranks municipalities across the country to determine Canada’s Best Places to Live. This year the Town of Whitby ranked 16th overall. Canada’s Best Places to Live compiles data from 190 cities and towns with populations over 10,000 and ranked each community on its liveability. A total of 22 […]

Continue reading

Durham will get moving with Metrolinx plan

DURHAM — With 2.6 million people expected to move to the GTA over the next two decades, an extensive public transit system is going to be needed to avoid gridlock. Speaking to the Oshawa Chamber of Commerce, Bruce McCuaig, president and CEO of Metrolinx, said without an investment in public transit, the average commute time […]

Continue reading

Whitby pays a little more to offer a little more

It would be easy to criticize the Town of Whitby for hundreds of thousands of dollars in extra expenditures for renovations at Iroquois Park Sports Centre. Too easy, in fact. The funds, totalling some $200,000, were requested by staff to cover unforeseen expenses related to the renovation, despite a sizable contingency fund created to deal […]

Continue reading

Durham schools ranked in Fraser report

DURHAM — The grades are out on academic performances in Ontario’s elementary schools, and Durham schools are all over the map. The Fraser Institute released its annual report cards on March 4, ranking Ontario elementary schools and revealing the academic performance of each school over the past five years. The report rates 2,695 public, Catholic […]

Continue reading

Building permit sales drop, but construction value soars in Town of Whitby

Another solid month for building permit sales in the Town of Whitby. Although total sales slipped to 48 last month from 57 in February 2011, construction value got a significant boost. The amount increased to over $26 million, mostly in the residential sector. Year-to-date, permit sales are ahead of last year’s pace by about 23 […]

Continue reading

Toronto Hydro warns public about a scam involving power saving machine

Toronto Hydro is warning the public of a new type of power scam making its way across the area. Authorities say residents have been approached either in person or over the phone claiming to offer a power saving device, which could see users slash up to 40 percent off their monthly bill. Officials add the […]

Continue reading

Unemployment rate down in February, but fewer people were looking for work

The Canadian unemployment rate was lower last month, but it’s not all good news. Stats Canada says the rate sipped two-notches to 7.4 per cent, as nearly 38,000 people stopped looking for work. Senior Economist with the Canadian Labour Congress, Angela McEwen says it’s hard to say where these workers are going, after giving up […]

Continue reading

Durham Real Estate Proves to be a Good Investment

DURHAM REGION, March 8, 2013 –There were 751 re-sale homes sold in February according to the Durham Region Association of REALTORS® (DRAR). Sales have increased 47% since January, but fallen 11% when compared to February of last year. “The average price of a home in the region continues to climb making real estate in the […]

Continue reading
1 4 5 6 7 8 17