* 5 year fixed rate at 3.75% guaranteed until July 15th;
* 5 year variable rate at 2.05% (prime – 0.2%)

2) Mortgages for non-residents – no income confirmation necessary, 35% down-payment, all countries.

3) New immigrants – min. down-payment of 10%

You can e-mail Lesley at lesley.wright@bmo.com, or call at (514) 808-3661.

McGuigan Pepin is getting into the Olympic spirit! We recently added an Olympic-themed display to the window of our satellite office on Ste-Catherine Ouest.

In addition to the Olympic flag seen here, we also have giant Olympic rings hanging in the window (above our dollhouse).

Just a reminder that McGuigan Pepin’s “Buyers 101” seminar takes place tomorrow night! Space is extremely limited, but a few spots still remain!

The seminar will take place on Wednesday, February 17th, from 6:00 until 7:30, at our new satellite office at 4431 Ste-Catherine Ouest, in Westmount.

Agent Tim McGuigan and mortgage specialist Lesley Wright will lead the discussion, which will be followed by an informal question-and-answer period, and a chance to talk one-on-one with a highly experienced real estate agent.

Light refreshments will be served, graciously provided by our neighbour, CoppAroma.

The Globe & Mail provides some hopeful news for Canada’s real estate market in a recent Report on Business:

Take advantage of the rising market now! Call McGuigan Pepin today to find your dream home.

Source: http://www.theglobeandmail.com/report-on-business/article1456570.ece

Space is limited, so please call early to book your spot! The seminar will be held from 6:00-7:30PM on Wednesday, February 17^th, 2010, at our beautiful new satellite office at 4431 Ste-Catherine Ouest, in Westmount. Call 514-937-8383 or 514-846-0846 to book your spot today! 

Our friend Lesley Wright, mortgage specialist with the Bank of Montréal, just sent us this great mortgage offer:

"Your mortgage clients can obtain up to 975 Air Miles Points + 3.79% for the 5 year, fixed:

1) Open any BMO product = 25 bonus Air Mile points;
2) Open a minimum 5 year term and $100,000 mortgage = 500 bonus points. Mortgage funds must be advanced within 90 days of approval.
3) Open a new primary chequing account = 100 bonus points.
4) Open a new premium Rate Savings Account = 150 bonus points.
5) Open a minimum $5,000 line of credit with a minimum $5,000 withdrawn within 30 days of approval = 200 bonus points.

Offer ends February 28, 2010 and certain conditions apply."

Please contact Lesley Wright at lesley.wright@bmo.com or McGuigan Pepin for more details.

The Westmount Independent wrote an article about the opening  of our new office at

4431 Ste Catherine Ouest, Westmount.

Westmount real estate firm McGuigan
Pepin has a new office at 4431 St. Catherine
St. (between Metcalfe and Kensington).
The four-agent, five-person firm was
founded 15 years ago, but this is its first
storefront. Hours are Monday to Friday (9
am to 5 pm) and Saturday to Sunday (12
noon to 4 pm), but the agents are available
“pretty much 24/7,” said principal Joan
McGuigan. She went on to explain to the
Independent that the reason for the office
was “to give our clients’ properties more
marketing exposure and make the firm itself
more visible.”

Picture by the Westmount Indedependent

about Mrs. Patricia Dumais in the Westmount Examiner, by Ami Kingdon

Thirteen is Patricia Dumais's lucky number. That's the amount of dollars the Greene Avenue resident is trying to raise for each of the 172 kilometres she will cycle in the MS Rona Bike Tour later this month. Dumais belongs to the Spirit Riders, a cycling team that will ride through the Lévis region on August 29 and 30. The Bike Tour events take place across Canada each year to raise money for multiple sclerosis. This year the Spirit Riders are hoping to raise $30,000.

"Last year our team of 15 people raised $31,010," says Dumais, a graphic designer. "Each person raised over $2,000."

Dumais got into cycling seriously about 10 years ago. "Every weekend I do a nice long bike ride, 80 or 100 km," she says. She learned about the Bike Tour after joining outdoor club Randonnée Aventure. She decided to participate for the first time three years ago. Most of the Spirit Riders are members of the club.

Dumais says one of the reasons MS is a worthwhile cause is that current research is very promising. "Things are looking up," she says. "People with MS are faring much better."

Fellow biker Richard Lemire, of Ile Bizard, was diagnosed with MS 25 years ago. "Back then, the only thing they could give you was prednisone," says Lemire, who spent the first eight years of his illness in a wheelchair.

Now, with new treatments, he is back on the bike, riding last year in both Quebec events. Though the disease has prevented him from riding this year, he is travelling to four of the tours. He is optimistic about the search for a cure. "It's so important because we are so close," he says.

MS is a central nervous system disease in which the immune system attacks nerve cells, interfering with their ability to carry information. There is currently no cure. The MS Society of Canada says between 55,000 and 75,000 Canadians have the disease, one of the highest rates of incidence in the world. Treatments can run from $14,000 to $18,000 a year.

"Last year the bike tour raised $1.25 million," says Diane Rivard, of the Quebec branch of the MS Society. She expects $1.3 million this year from the Quebec tours. The profits will go equally to research and services to MS patients.

"We finance a lot of [research] projects in Quebec – around 20," she says.

While meeting people and raising money are some of the high points, Dumais says that her favourite part is the ride. "It's fun to just be on a bike," she says.

Patricia Dumais personal pledge page can be found at www.msofs.mssociety.ca

Real Estate: The term "luxury" in real estate is changing. Two types of luxuries co-exist and are equally important: cosmetic and intrinsic. Luxury in real estate is shifting more towards the intrinsic. A whole new luxury vocabulary has emerged and it extends well beyond the words Sub Zero….

With the significant growth in wealth over the past decade, "sameness" has become the enemy of the luxury market. A high price does not necessarily guarantee luxury. Until recently, an Italian Boffi or Varena kitchen with Viking or Miele appliances, a spa bathroom or lavish swimming pool, set the tone: Nowadays, these are pre-requisites. Real luxury lies in customization and uniqueness, the quality of materials and the skills required to produce them, often the most difficult things to find or create. New luxury is found in the convenience, ease of use, quality of engineering, reliability and efficiency of design. Intrinsic luxury focuses on room proportions, ceiling heights, flow of space, light, views, privacy, security, etc. On the cosmetic front, a unique light fixture, artwork, or custom designed, hand-crafted cabinetry can make the "new luxury" new.

Interior designers are under greater pressure to create homes that differentiate themselves from the rest of the pack: this has resulted in a mini-revolt against the modernist movement that has prevailed recently. Re-claimed items are being incorporated again into interiors alongside collector quality antiques and one-of-a-kind pieces. The modernist aesthetic will remain strong, but it will be re-defined because of the ease of good, inexpensive replications at much lower price-points. Home design of the future will incorporate technology extensively. Lutron programmable lighting and Crestron systems are becoming the norm. (A plasma TV used to be a luxury…now every room has one!)

Architecturally, what is so luxurious about a flat glass building that could be in any city anywhere in the world? The best architects and designers tap into the surroundings of a project for inspiration, incorporating materials and contextual, stylistic elements that make the end product unique to its location and setting. A stronger sense of environmental responsibility and "green" architecture is emerging rapidly. Is the newest luxury a self-sustainable home?

The ultimate test for the best luxury real estate is how easily it can be duplicated. Collector-quality real estate is the most valuable luxury of all.

By Leonard Steinberg
Executive Vice President
Prudential Douglas Elliman
JustLuxe Contributer

 www.justluxe.com

Container plants are an easy way to give immediate visual impact to your home, creating that important curb appeal – the "wow" factor as potential buyers pull up outside. Here are some important tips to make sure you use containers effectively.

Use big containers

Don't be afraid of using big, bold containers. They will have much more impact and will be easier to care for because they won't dry out so easily. Smaller containers tend to get lost in the landscaping, so you'll lose the visual impact you're trying to achieve.

Use quality containers

Avoid plastic containers, as these can look cheap. Terracotta, wrought iron, or zinc containers look great. Choose a container that complements your house and the rest of your landscaping. For example, if you have iron detailing, find a matching container; if you have brick paving, a terracotta pot might look good next to it.

Fill them with plants

For immediate results, fill your containers with more plants than you normally would. Otherwise, you will be forced to wait for the plants to grow before your container will look lush and healthy.

Feed your plants

Make sure you keep your containers well maintained by watering and feeding the plants regularly. You want buyers to think the containers are always there, not just a quick fix.