By Allison Harness Special to the Star Thu., Aug. 9, 2018 ST. ANDREW-WINFIELDS, NORTH YORK Location: 176 Upper Canada Dr., Bayview Ave. and Hwy. 401 Asking price: $2,438,000 Size: about 3,500 sq. ft., plus about 1,600 sq. ft. finished basement Article Continued Below Lot: 81-by-152 foot, pie-shaped lot; two-car attached garage; private drive Taxes: $9,332 (2017) Bedrooms: 5 plus 1 Bathrooms: 6 This large, custom-built family home has two-level in-law suite. “Our family purchased this property in 1995. We were living in the neighbourhood … At that time there was a spacious bungalow on the property that was in good condition. We chose a builder that was known for building infill homes in North York and the builder worked with us on the custom design. In 2007 we moved into our new all-purpose home, with our parents occupying the private in-law suite,” says homeowner Wendy Hillier. “The area has a great reputation for public … [Read more...] about Stately duplex appealing for multi-generational families: Home of the Week
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SINGAPORE: Singapore sovereign wealth fund GIC posted a drop in its key metric of investment performance for the last financial year, as it warned of a challenging environment ahead due to stretched valuations and heightening trade frictions.For the year ended Mar 31, the 20-year annualised rate of return - GIC’s most important benchmark - slipped to 3.4 per cent from 3.7 per cent a year ago, according to the latest annual report released on Friday (Jul 13). This marked the third consecutive year of decline since the return rate hit 4.9 per cent in FY2014/15.Nevertheless, GIC said this figure is above the global inflation rate and means that the international purchasing power of its reserves almost doubled during the 20-year timeframe.CEO Lim Chow Kiat said GIC’s 20-year annualised rate of return was fluctuating around 4 per cent before declining below that in recent years. This is due to years being dropped and added as its 20-year window rolls.“The high … [Read more...] about GIC’s annualised 20-year real return slips to 3.4%; maintains cautious investment stance
By Tess Kalinowski Real Estate Reporter Mon., April 30, 2018 A provincial party that offers hope for overcoming the high cost of housing will have an edge with a generation of highly educated millennials looking for a way out of their parents’ basements and into the housing market, says the Ontario Real Estate Association (OREA). At a time when nearly half the people aged 25 to 34 are living with their parents, 91 per cent of millennials still believe that owning a home is a smart financial investment. But nearly 70 per cent of those in that age bracket said they agree or somewhat agree that buying a home in their neighbourhood is unaffordable, according to OREA research published Monday. It released Nanos telephone poll results to put home ownership on the June 7 provincial election agenda, said CEO Tim Hudak, the former head of the Ontario Progressive Conservative party. The association that represents about 70,000 members, including real estate agents, … [Read more...] about Millenials rank affordable housing among top concerns for upcoming provincial election, real estate study says
Watch more in iWantv or TFC.tv In an exclusive interview with ANC's The Boss, Ysmael said he champions "stewardship" to maximize the potential of his people and bring the business to the next level. He said he's committed to preserving the "tiangge" community amid the revamp of its flagship Greenhills Shopping Center. Ortigas and Co's net income doubles to P1.5 billion in 2017 A boss "cultivates" and preserves the values of the company to pass on to the successors, he said. "Our primary mission is actually to preserve and enhance the value of what we are involved in, whether it be companies that we work for, the businesses we are in, the roles that we perform if we were teachers or civil servants for the generations to come," he said. Catch full episodes of The Boss on iWantTV and tfc.tv. New episodes premiere on ANC at 7:30 p.m. Thursdays with replays on Thursday, 11 p.m.; Friday, 3:30 a.m. and 1 p.m.; Saturday, 4:30 a.m. and 10 a.m.; Sunday, 10 p.m.; and Monday, 9:30 a.m. Watch … [Read more...] about News Ortigas boss uses ‘stewardship’ in leading real estate firm
By Marc Fisher The Washington Post Sari Horwitz Fri., Feb. 23, 2018 They are the sons of wealth, brought up in families accustomed to power. They were raised to show and demand respect, and they were raised to lead. They rose to positions of enormous authority, the president of the United States and the special counsel chosen to investigate him. They dress more formally than most of those around them; both sport meticulously coiffed hair. They have won unusual loyalty from those who believe in them. They attended elite all-male private schools, were accomplished high school athletes and went on to Ivy League colleges. As young men, each was deeply affected by the death of a man he admired greatly. Yet Robert Swan Mueller III and Donald John Trump, born 22 months apart in New York City, also can seem to come from different planets. One is courtly and crisp, the other blustery and brash. One turned away from the path to greater wealth while the other spent half … [Read more...] about Mueller and Trump: Born to wealth and raised to lead. Then, they made sharply different choices.