Toronto, ON Real Estate News

By Anne Lok, Toronto Modern Real Estate
(Berkshire Hathaway HomeServices Toronto Realty)
 Thinking of Buying Your Next Home? Want to understand how the new mortgage policy change will affect you, and how the market is reacting to the change. JOIN US at our upcoming Home Buyer Workshop on October 11th 6-7pmDetails and RSVP through Eventbrite https://torontobuyerworkshop.eventbrite.caHosted by Anne Lok, Real Estate Broker at Blue Elephant Realty Inc.548 King St West, #202Torontowww.urburbia.ca
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By Anne Lok, Toronto Modern Real Estate
(Berkshire Hathaway HomeServices Toronto Realty)
Modern Loft Living at 68 Broadview Ave | Riverside Toronto Find similar lofts for sale at Broadview Lofts 68 Broadview Ave in Riverside Toronto.   Broadview Lofts at 68 Broadview Ave was originally a Rexall Pharmacy warehouse conversion into residential units. The building is conveniently located on the East Side of Toronto's Riverside between Queen St E and Eastern Ave. The solid brick and beam conversion with many of the original architectural elements [including the water tower] preserved into 6 storeys modern loft style condominium with 154 units was completed in 2006 by Sorbara Group, the same developers who commissioned the redesign of Lofts at 90 Sumach St in Corktown.  Unit sizes range from approximately 540sf to1750sf, have huge windows flooded with light, polished concrete flo...
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By Anne Lok, Toronto Modern Real Estate
(Berkshire Hathaway HomeServices Toronto Realty)
Toronto Real Estate Market Report - August  2016 [All statistics via Toronto MLS Market Watch]August marks the unofficial end of summer with families coming back from vacation and kids heading back to school.The regional economy remains strong, with higher than average earnings, good job market and continual low borrowing rates. However, listing supply for the month still remains very low. Supply was down 1.2% compared to the same time last year, offering no relief in upward price growth for buyers currently in the market to buy a home. For move-up buyers who currently own a home, they may be less likely to put their homes on the market to sell if they feel that it will be hard to find another home. Some homeowners opt in to renovate their existing homes instead by taking on house addit...
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By Diane Plant, Broker, TorontoHomeSearch: Forest Hill Real Estate
(Forest Hill Real Estate Inc, Brokerage)
August Sales results for Toronto Real EstateThe average selling price for all home types combinedwas up by 17.7 % on an annual basis to $710,410.#Torontorealestate, #Toronto, #Buyandsell, #The6ix, #DianePlant,#Realestate, #sellingprice,  
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By Michelle Finnamore, Preparing your property for sale
(Toronto GTA, Alliston, Newmarket)
Home Staging in Toronto GTA and Vaughan we have many opportunities to market a ravine lot to attract our ideal buyers. We consulted ont the property where the elderly sellers had moved on and the grown son met us at the house to see how we market this simple war time bungalow to attract our ideal buyers.He went on to share with us how he spent many hours banging balls off a piece of flagstone into the ravine at the rear of the house.I asked if his clubs were still at the house. He said he thought they might be so we went searching in the rear shed. We found them and the flagstone he used to use to hit the balls off of.Thinking outside the box I set them up and then we waited for the response of buyers during the open house.It was a hit! Buyers loved it. The house sold over list in  a fe...
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By Diane Plant, Broker, TorontoHomeSearch: Forest Hill Real Estate
(Forest Hill Real Estate Inc, Brokerage)
The average selling price for all home types in Toronto combined was up by 16.6 per cent year-over-year to $709,825.  
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By Michelle Finnamore, Preparing your property for sale
(Toronto GTA, Alliston, Newmarket)
Staging in Toronto and Vaughan we take in to account that buyers are looking for that special home with a spot to unwind, nest and relax.All we did in this vignette was create the perfect spot for buyers to envision themselves nesting in a peaceful spot after a stressful day.Target marketing to attract your ideal buyers is our specialty.Investment, minimal.Impact, priceless.If you have property that you would like to have staged to attract your ideal buyers contact the GoToGirl around town.Michelle Finnamore Interiors Ltd.416.928.2999michelle@finnamoreinteriors.com
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By Michelle Finnamore, Preparing your property for sale
(Toronto GTA, Alliston, Newmarket)
When we are staging occupied homes in Vaughan and Toronto sometimes we come across interesting things we can use in a new way.In this dining room we used a red locker that would have otherwise been relegated to the rec room in the basement.By being creative we saved the client a bit on the staging budget PLUS gave the buyers something to remember the house by.Investment, minimal.Impact, priceless.If you have a home that needs to be marketed to attract your ideal buyers call the Go To Girl around town. Michelle Finnamore Interiors Ltd.416.928.2999michelle@finnamoreinteriors.com
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By Marina Gavrylyuk, Homes & Condos for Sale in Mississauga and Toronto
(Sutton Group Summit)
When shopping for a new home, one of the most important considerations – yet one most people don’t pay enough attention to – is the lot type. Selecting the right one can significantly increase your enjoyment of the home. Picking the wrong one can have the opposite effect. There are three special types of lots that homeowners tend to find most desirable. Yet, even though they are considered desirable, each has its pros and cons.Here’s the rundown on each one: Cul de sacs These are lots located on dead end streets that often feature homes positioned around a large circle of roadway. For obvious reasons, a cul de sac is a popular choice for buyers with children. There’s less traffic and often, the only cars on the street are those of neighbours. However, homes on these lots often come with...
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By Diane Plant, Broker, TorontoHomeSearch: Forest Hill Real Estate
(Forest Hill Real Estate Inc, Brokerage)
         Spectacular Home Located On Most Sought After Quiet Street In Forest Hill.  Elegant Centre Hall Plan Exceptional 2 Storey Addition Including Elevator 4 Fireplaces Chef's Eat-In Kitchen, Family Rm,   Exquisite Master W/Spa-Like Ensuite, W/I Closet, Fireplace & Balcony.  Huge Finished Bsmt For Nanny Or Inlaws.  Mud Rm, Central Vac System, Wired For Surround Sound. Steps To Shopping, Future Lrt & Forest Hill School District View with Diane Plant, Broker, Forest Hill Real Estate C: 416-418-7555 O: 416-488-2875.                                                                                                               
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By Marina Gavrylyuk, Homes & Condos for Sale in Mississauga and Toronto
(Sutton Group Summit)
When you put your home on the market, it’s important that you make the indoor living space as attractive as possible to potential buyers. The foyer should look spacious and inviting. The bedrooms, neat and uncluttered. The basement, clean and well lit.All good advice.But don’t forget the outdoor living space. That too has a significant impact on how quickly your home sells and for how much. You want to make the area around your property, from the front walkway to the backyard deck, as attractive as possible.How do you do that? Here are some tips for sprucing up your outdoor living space that can be easily implemented. Trim the hedges. Like a haircut, it gives your landscaping a clean, styled look. Place flower pots in strategic locations, such as next to the front steps and on the deck ...
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By Anne Lok, Toronto Modern Real Estate
(Berkshire Hathaway HomeServices Toronto Realty)
Yesterday was the Annual Spring Wild Leek and Maple Syrup Festival 2016 at the Stadtlander Eigensinn Farm in Singhampton, which is about 2 hours north of urban Toronto. Eigensinn Farm grows and raise their own vegetable and livestock led by Canadian Chef Michael Stadtlander, with the mission to share his wisdom on locally sourced food. You can read more about this bio here.‬The weather was everything but Spring-like. Four hours of driving, at 0.5 degrees celsius, with hail and blizzard, my husband and I arrived feeling much excitement. Everyone was there with one common goal... for the love of food and reconnecting with the earth. Every year, over a dozen chefs from the city's well known culinary scene participate in the event, with each team setting up stalls in the forest, and prepari...
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By Anne Lok, Toronto Modern Real Estate
(Berkshire Hathaway HomeServices Toronto Realty)
"Old ideas can sometimes use new buildings. New ideas must use old buildings." - The Death and Life of Great American Cities by Jane Jacobs. The 2016 Annual Doors Open event is coming up scheduled for the last weekend of May . This year's theme is "Re-used, Re-visited, Revised", with up to 130 rare and historically significant buildings open to the public for architectural tours. A number of buildings fall under the adaptive-reuse theme, and happens to be one of my favorite architectural topics. For the first time, there will be a feature keynote speaker. Industrial Designer Karim Rashid has been invited to speak at the DX on May 27th on the Future of Design.  You can find the list of buildings open for public tours here.
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By Marina Gavrylyuk, Homes & Condos for Sale in Mississauga and Toronto
(Sutton Group Summit)
There’s a long list of ingredients needed to sell your home quickly. Obviously, you want to make your home as clean and uncluttered as possible. You should also make sure any outstanding repairs are done. And, of course, all the little things you can do to make your home “show” well are important, too.But the number one ingredient needed to sell your home quickly is the right price tag. If you set the price of your home just right, buyers will come to see it, and there’s a good chance you’ll get some good offers. If you price your home too high, however, few buyers will take an interest in your property and it might languish on the market for months. Worse, it might not sell at all.So how do you determine the right price at which to list your home?One of the best ways is to do an analys...
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By Diane Plant, Broker, TorontoHomeSearch: Forest Hill Real Estate
(Forest Hill Real Estate Inc, Brokerage)
Toronto just broke a record in April.There were a reported 12,085 home sales in Toronto last month, according to the Toronto real estate board, who argues that figure could have been even higher had there been more supply.“While April’s sales result represented a new record for sales, that number could have been even higher if we had benefitted from more supply,” Toronto Real Estate Board President Mark McLean said. “In the City of Toronto in particular, some households have chosen not to list their home for sale because of the second substantial Land Transfer Tax and associated administration fee. “The lack of available inventory, coupled with record sales, continued to translate into robust annual rates of price growth.”Sales increased 7.4% year-over-year in April, according to TREB, ...
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By Marina Gavrylyuk, Homes & Condos for Sale in Mississauga and Toronto
(Sutton Group Summit)
What kind of stool is most likely to keep you from toppling over when you sit on it? Of course, two-legged stools won’t even stand on their own. Three-legged stools are okay, but still unstable. Four-legged stools are rock solid.What does that have to do with shopping for a new home?Well, if you want to find the right home quickly and for the best price, you need to have four things in place – the four legs of the stool. They will help ensure the experience goes smoothly.The first leg is your wish list. You need to have a clear picture of the type of home you want. A bungalow or two stories? How many bedrooms? A large deck? Don’t forget about the neighbourhood. Need to be close to major highways for ease of commuting? Need good schools and playgrounds within walking distance?The second ...
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By Anne Lok, Toronto Modern Real Estate
(Berkshire Hathaway HomeServices Toronto Realty)
The lack of newer three bedroom family sized homes in urban Toronto continue to push prices upward in the freehold property sector due to the imbalance of supply and demand, and hardly any new family sized homes are being built. The average price gap  from a condo to a detached home is growing wider since there is a finite amount of land in the Central areas when condo dwellers need to source bigger spaces to raise a family. In the past 5 years, we are increasingly noticing more infill redevelopments in Toronto neighbourhoods  that were once saturated with 20th century bungalows, turn down or topped up being replaced by 2 storey homes. At the edge of the city core where old suburbs like  East York, Mimico, Long Branch, Don Mills, Birchcliffe and Brookhaven which are still considered to ...
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By Marina Gavrylyuk, Homes & Condos for Sale in Mississauga and Toronto
(Sutton Group Summit)
When shopping for a new home, create a wish list of the features and characteristics you want. After all, there’s no sense looking at properties with kitchenettes when you won’t settle for anything less than a full-sized kitchen that Julia Child would envy.But there are probably some features that are nice-to-haves but not must-haves. For example, you might like a large wrap-around deck in your backyard, but would settle for a home that doesn’t have one. (After all, you can always install one later.)That’s why it’s a good idea to create two wish lists. One list would include all the features you absolutely would not do without in your new home, and the other would list all those things you’d like to have, but are not necessities.With two lists, you’ll make better decisions. Your shoppin...
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