Category Archives: Blog

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Free Property Appraisal From Yvan Gamache

Are you looking to sell your house and want an estimate on what your property is worth?

Have you done recent renovations and want a professional opinion on how much your property value increased?

Perhaps you are looking to buy property and would like a professional opinion? Team Yvan Gamache is here to help!

Whether it’s selling, buying, or renovating, knowing the value of your property will empower your decisions! Yvan Gamache is backed by more than 30 years of experience and is ready to step up to the plate for YOU!

If you’re looking to renovate to increase property value, knowing which renovations will bring you the largest return on your investment is essential and Team Yvan Gamache is here to educate and provide accurate, and reliable property estimates for FREE!

Before jumping right into your next property purchase, contacting Yvan Gamache for his professional opinion will be one of the smartest moves you can make!

Don’t go for less than the best when appraising your property! Yvan Gamache is a leading expert offering free property evaluations! For more information on getting a free property evaluation, contact Yvan Gamache at 514-928-1656 or email

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Increase Your Home Value With These Three Renovations

When renovating to increase your home’s value, one needs to take a strategic approach. Keep in mind that not all renovations you make will add value to your house. Maximizing the value of your home through renovations can be a fun and creative way to bring your home to life. Here are 3 renovations that will most likely increase the value of your home:

Replacing Flooring In A Home Adds Value

The floors in your house play a large role when assessing the value of your home. There’s a difference in laminate, hardwood, and tile. Each one comes with its own range of value. Installing new floors or resurfacing existing flooring can increase the value of your home. Traditionally hardwood floors will bring the most value. If you already have hardwood floors in your home, resurfacing them to get rid of any noticeable dings or scratches will pay off later down the road. Studies have shown, people are more attracted and willing to purchase a home with hardwood floors than any other flooring.

Bathroom Renovations Bring Great Value

Bathroom renovations typically have a higher ROI than other renovations. Tile flooring is a must have in the bathroom when looking to add a little extra value. Other bathroom flooring, such as linoleum is hardly worth time it takes to install it. It is easily damaged and can allow water to seep into the under-flooring, which can really cause serious damage over time. If you already have tile flooring in the bathroom, make sure there are no cracked or broken pieces, if so, you don’t have to pull up the whole floor. Tile flooring you can address the pieces that need it and repair only what needs to be fixed. Updating the vanity in the bathroom can not only be visually appealing, but could also add value to your home. Unused areas in the home are considered dead space and can be perfect for adding a small bathroom with only a toilet and sink. If there is enough space in that small area, you can go with a 3-piece bathroom, consisting of a toilet, sink, and shower. Also, you can increase the visual size of a small bathroom by adding a glass door to the shower, it will make the room appear larger than it is.

Consider Remodeling Your Kitchen To Increase A Home’s Value

One of the biggest factors when assessing the value of your home is the kitchen. Kitchens are among one of the most used rooms in the entire house. Upgrading to a more modern-style kitchen can greatly increase the value of your home. Switch out the old sink with stains, basic oven, and refrigerator with all stainless steel will make your kitchen appear clean and updated. From time to time, counter-tops can incur minor scuffs and scratches and bringing in new counter-tops to help accent those stainless steel appliances can really set this room apart.

Renovations Build Lasting Value For The Future

With a few renovations, your home’s value can increase dramatically. Touching up the bathroom, kitchen and addressing any issues with the flooring are known ways that are most likely to increase your home’s value. For more information and tips on increasing your home’s value, call at 514-928-1656 or email to or visit

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Montreal Mortgage Rate News

The Bank of Canada announced in early March that it would be maintaining its target for the overnight rate at 1/2 per cent. The decision was taken as recent data indicate that Canada’s GDP growth in the forth quarter was not as weak as anticipated even though low level oil prices continue to dampen growth in Canada. The Bank’s decision is, of course, influencing local mortgage rates in Montreal where home buyers interesting in taking on or maybe changing mortgages will see fixed rates raging from 2.19 per cent for 2 year term up to 3.84 per cent for a 10 year term.

More commonly preferred by first time buyers, the 5 year fixed mortgage fluctuates between 2.49 per cent (North East Mortgage) as the lowest and 4.79 per cent as the highest offered by the CIBC. In between both lenders, buyers could be interested by rates offered by Dominion Lending Centres at 2.49 per cent, First National and Bank of Montreal at 2.69 per cent and HSBC offering a rate at 2.70 per cent.

If staying locked into the same rate for five years or more just doesn’t sound interesting for you, a variable open mortgage rates might just be the answer. Rates for Montreal are situated as of March 18 in between 2.25 per cent at Dominion Lending Centres, 3.50 per cent at Scotia Bank, 3.70 per cent at TD Bank and Desjardins, 4.00 per cent at CIBC and finally 4.15 per cent at RBC Royal Bank.

The larger question at hand is ask yourself if you’re willing to embark with a closed or open mortgage rate. Both option have their advantages and disadvantages which buyers can use to their advantage when choosing the type that suits them best. The popular choice in Montreal has traditionally been a fixed rate which isn’t influenced by rate fluctuations allowing buyers to know exactly what their mortgage payments will be every month, making home budgeting a little easier. But due to low prime rates, variable (or open) rates have been steadily climbing in popularity.

When choosing the best type of mortgage for yourself, consider taking some time to look ahead and set some goals. A professional mortgage broker can help you establish a realistic portrait of your situation and plan ahead to achieve your goals.