Real Estate News

Ontario realtors want government to ban so-called 'bully' offers
Ontario realtors want government to ban so-called 'bully' offers   The Canadian Press  Published Monday, April 8, 2019 9:50AM EDT  TORONTO -- Ontario's realtors say the province should ban so-called "bully" offers that they say give some home buyers an unfair advantage. Ontario Real Estate Association President Karen Cox says the government should use its current review of the act that governs realtors in the province to bar the practice. So-called "bully" offers are submitted by a buyer ahead of a seller's established offer date, a move usually made to avoid competing with other buyers and pressure the seller into accepting the bid. Cox says banning the practice will ensure all interested buyers are able to make a fair offer on a home and allow sellers to carefully consider all bids. The recommendation is one of 28 submitted by the association -- which represents 78,000 brokers and salespeople -- to the government as it reviews the Real Estate and…

Business Excellence Awards Nominations
Finalists for Entrepreneur of the Year are Radu Bogdanel, president of Fulger Transport Inc., Katelynn Garvin, owner of the Schoolhouse Early Learning Centre and Peter Valente, president of the Valente Development Corporation. For the full list of Nominations please click here

Downtown Windsor Condo Moves Ahead
After 'trepidation', Valente Steams forward with  expanded Downtown Project A local developer who backed off building a 24-unit residential project on Ouellette Avenue when the Downtown Mission announced it was moving into the central library building across the street, has revved it back up and added eight more units. “I believe the project has gotten better and bigger,” Peter Valente told city council Monday, while urging councillors to address rising crime rates, homelessness and addiction problems in the downtown. The fact you’re going through with it is a sign of your dedication Valente’s project was the first significant new residential development announced for the downtown in more than two decades, and is tied to the city’s one-year-old community improvement plan that provides incentives for projects that bring more residents into the downtown. The CIP’s been an unqualified success, spurring $60 million in new development and several hundred new residential…

Your Windsor
Check out this great video about our wonderful city, Windsor Ontario!

W.E. Care for Kids Moon in June 2018
Join us on Saturday, June 9th for the Moon in June at the Riverside Sportsmen’s Club. Choose from a 8km Run, 5km Run/Walk, Kids dash or Kids 1 km (an event for the whole family).  This event is hosted by Valente Real Estate and proceeds  go to W.E. Care for Kids Foundation. Race is filling up fast! Sign up before the May 15th fee increase.   Please click here to register!

Waiving development charges boosts condo builds in LaSalle
“As soon as the town put that incentive out to developers and saying that they were waiving these kinds of fees for these kinds of developments, I specifically went through the entire town looking for a site to build a project like this,” developer Peter Valente said. Exempting development charges for multi-family dwellings in the core area of LaSalle has had the desired result, attracting several condominium projects in 2017. Larry Silani, the town’s director of development and strategic initiatives, said the waiver drew a large, 131-unit condominium development as well as a couple of smaller projects with 10 or 12 units in total. Overall, housing construction in LaSalle slowed slightly in 2017. “When it comes to singles, semis and townhouses, we’ve been very successful in having that form of housing built in LaSalle without having any incentives being necessary,” Silani said. “When it came to multi-family residential there wasn’t a lot of building activity and similiarly…