Toronto, ON Real Estate News

By Rosalind Nicholas, Toronto Condo Real Estate Agent, Toronto ON
(RE/MAX Condos Plus Corporation, Brokerage)
Sold in 16 Yonge St., Toronto, ON  - Pinnacle Centre  16 Yonge St. is one of four condo towers in the Pinnacle Centre. It is a great location, in the heart of Downtown Toronto. The unit that was sold is a 2 bedroom corner unit with a split bedroom layout. It has an open balcony with a fantastic West-facing city view. An open concept plan with granite kitchen counters. Also, new wood flooring. It is a short walk to Union Station, the Harbourfront, the Air Canada Centre & the Financial District.  24 hours concierge service. The Pinnacle Club offers indoor and outdoor amenities. State of the art fitness area and weight room, indoor pool, outdoor tennis court, theatre room and business centre.  
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By Rosalind Nicholas, Toronto Condo Real Estate Agent, Toronto ON
(RE/MAX Condos Plus Corporation, Brokerage)
Sold in 18 Concorde Place, Toronto, ON - Courtyards Of Concorde  18 Concorde Place is a well managed building.   TTC is at the door, with rush hour buses to Downtown Toronto. At the back of the building are walking trails.  The suite that sold is on the lower penthouse level, approx. 1700 sq. ft. A corner suite that is light filled and with lots of storage. 9 foot ceilings and hardwood floors. The large kitchen opens to the family room that has a ravine view. Spacious walk-in pantry and also an ensuite storage closet.  Living room has a gas fireplace, and opens to a large terrace with gas BBQ hook-up.  This unit comes with two main-floor parking spots on the same level as the lobby and mailroom. It is a pet friendly building.  Amenities include beautiful gardens and gazebo, indoor salt ...
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By Diane Plant, Broker, TorontoHomeSearch: Forest Hill Real Estate
(Forest Hill Real Estate Inc, Brokerage)
Do you know ‪#‎Toronto‬'s 20 Top ‪#‎neighbourhoods‬ to live in?The ultimate ranking examined 10 factors for each, assigning them a score out of 100: #housing, ‪#‎crime‬, ‪#‎transit‬, ‪#‎shopping‬, #health and #environment, ‪#‎entertainment‬, ‪#‎community‬, engagement, ‪#‎diversity‬, ‪#‎schools‬ and ‪#‎employment‬.  1. Rosedale-Moore Park2. Banbury-Don Mills3. High Park-Swansea4. Mount Pleasant West5. High Park North6. Wexford/Maryvale7. Mount Pleasant East8. The Beaches9. Mimico10. Casa Loma11. Leaside-Bennington12. Waterfront Communities-The Island13. Agincourt South-Malvern West14. Lawrence Park South15. Lawrence Park North16. Bedford Park-Nortown17. Yonge-Eglinton18. Stonegate-Queensway19. North Riverdale20. Corso Italia-Davenport   
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By Diane Plant, Broker, TorontoHomeSearch: Forest Hill Real Estate
(Forest Hill Real Estate Inc, Brokerage)
Greater Toronto Area REALTORS® reported 7,998 residential transactions through the TREB MLS® System in August 2015. This result represented a 5.7 % increase compared to 7,568 sales reported in August 2014. On a GTA-wide basis, sales were up for all major home types.The annual growth rate in new listings was greater than the annual growth rate in sales, but active listings at the end of August were still down compared to last year. This suggests that sellers’ market conditions remained in place, especially where low-rise home types like singles, semis and townhouses were concerned.“Buyers in the GTA remain confident in their ability to purchase and pay for a home over the long term. They see ownership housing as a quality investment that has historically produced positive returns while a...
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By Rosalind Nicholas, Toronto Condo Real Estate Agent, Toronto ON
(RE/MAX Condos Plus Corporation, Brokerage)
One Yonge Street, Toronto, ON One Yonge Street is currently a 25 storey building.It is located at the Waterfront area on Queens Quay East. There are now redevelopment plans for 1 Yonge St. upto 7 Yonge St. In competition with the One Bloor St tower and the AURA tower, this project is considering a 95-storey multi-purpose landmark tower. Some residents feel that 95-storeys is too high, however, the architects counter by saying that it is a natural evolution for the city. It will be interesting to see how the Redpath Sugar Refinery Plant,which is almost across the street at 95 Queens Quay East,will impact the future residents of this area.    Some people see this, as an industrial site and therefore not a desirable residential area. 
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By Diane Plant, Broker, TorontoHomeSearch: Forest Hill Real Estate
(Forest Hill Real Estate Inc, Brokerage)
August 18, 2015 - Greater Toronto Area REALTORS® reported 3,729 home sales through the TREB MLS® System during the first 14 days of August. This result represented an 8% increase compared to 3,453 sales reported for the same period in 2014. For the TREB market area as a whole, sales were up on a year-over-year basis for all major home types. Detached and semi-detached home sales were down in the City of Toronto.While the demand for ownership housing remained strong in the first half of August, the supply of listings continued to be an issue for many would-be home buyers. The number of new listings entered into TREB's MLS® System was up, but by a lesser annual rate compared to sales. This suggests that market conditions were tighter compared to 2014, with more competition between buyers....
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By Digital Digital, full service
FREE Markham Power Of Sale Real Estate Seminar!Seminar Location: Markham, Ontario Date: Saturday September 19, 2015Time: @ 10:00 amTo Register Today, Visit: www.BankForeclosureHousePrices.com Our FREE Bank Foreclosure/Power Of Sale Real Estate Seminar Will Teach You How To:Purchase a house or condo with *zero down payment.How to move from renting to first time home owner to Real Estate Investor in as little as 3-5 years.Learn how to save up to *$10,000 on your next move.The top 5 mistakes that could hurt any bank foreclosure / power of sale or distress sale home buyer.How to purchase condos and homes for 10 – 30% below market value.How to reduce fear and increase confidence thru successful strategies!How to take advantage of special incentives available to first time home buyers.How to ...
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By Rosalind Nicholas, Toronto Condo Real Estate Agent, Toronto ON
(RE/MAX Condos Plus Corporation, Brokerage)
Toronto Blue Jays ..... the excitement builds ….. The Toronto Blue Jays made it to a 10 straight win stretch yesterday, into the first place, in the American League East. This is big news in this city as Toronto has not reached the playoffs since the back to back World Series titles in 1992 and again in 1993, so naturally there is great excitement among the fans.    This afteroon's (August 13th) game at the Rogers Centre is sold out.    
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By Anne Lok, Toronto Modern Real Estate
(Berkshire Hathaway HomeServices Toronto Realty)
Maha's Fine Egyptian Cuisine, LeslievilleWhere: 226 Greenwood Ave, TorontoHours: M-F 8am-7pm, Sat/Sun 8am-5pm, Wednesday closedWhat: Breakfast, Brunch, LunchPhone: 416-462-2703Specializing in Fine Egyptian CuisineSometimes in Toronto the overhyped restaurants with big line-ups don't necessary mean the food is worth the wait. My husband and I came to Maha's for brunch over the weekend. By the time we got here at 9.30am, the restaurant was full and the waiting line was starting for the next round of tables. We peeked over everyone's table to see what others ordered. Since it was our first visit, it was really hard to narrow down our selection. It took 10 mins before we got our table, jumpstarting  with a turkish coffee, and a honey cardamom latte as soon as we sat down. For the main brunc...
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By Rosalind Nicholas, Toronto Condo Real Estate Agent, Toronto ON
(RE/MAX Condos Plus Corporation, Brokerage)
MaRS Discovery District is dedicated to driving economic and social prosperity. It first opened in 2005, with the intent to build one of world’s largest innovation hubs, a 1.5-million-square-foot complex located in the large research cluster, of the many Hospital Research Centres and the University of Toronto Research Centre, in downtown Toronto. MaRS works with a network of private and public sector partners to help entrepreneurs launch and grow their innovative companies to help build the future. Now, Facebook has signed a lease for half a floor at the MaRS Discovery’s District Phase 2 Tower.  Staff will move into this new space from the existing offices in the city, next year and may take more space if its employee numbers increase. Facebook is the first major tenant in recent years ...
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By Rosalind Nicholas, Toronto Condo Real Estate Agent, Toronto ON
(RE/MAX Condos Plus Corporation, Brokerage)
In the Greater Toronto Area, condominium prices have been increasing at a moderate pace, during the past year, However, as buyers find themselves priced out of single-family homes, and if the current pace keeps up, it is possible that we could see an acceleration in condo prices in the second half of 2015. There were 7,656 condominium units sold through the MLS system in the 2nd quarter of 2015, which is a 17% increase in 2015 over 2014. According to the Toronto Real Estate Board, sales growth outpaced growth in listings; and most of the new condominium inventory that came on to the market recently, have been absorbed.  The City of Toronto accounted for 70 per cent of sales in the Greater Toronto Area. The average selling price was $416,728 which is a 6.1 % increase over Q2 of 2014.
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By Rosalind Nicholas, Toronto Condo Real Estate Agent, Toronto ON
(RE/MAX Condos Plus Corporation, Brokerage)
 Buying a property is not always an easy process.  In the Greater Toronto Area, it is a strong Sellers’ market and this makes it more arduous with greater competition between Buyers.   So, the buyer should: - Talk with their Realtor and learn about the market they are buying in. -  Have the finances in order, with a mortgage pre-approval where required.  - Be prepared to recognise certain home defects.  In multiple offer situations bring someone along during showings who has this background.  - In a hot market, be prepared to lose in a bidding war and not let ego or emotion takeover in the negotiation process. 
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By Anne Lok, Toronto Modern Real Estate
(Berkshire Hathaway HomeServices Toronto Realty)
158 Front Condos By Cityzen/Fernbrook.    Register HERE [anne@annelok.com] to Get Platinum VIP First Access Before the Public Sale!      PRIORITY ACCESS & for all the best floor plans, pricing and PRIORITY ALLOCATION will be released this Wednesday July 22!     Coming to St. Lawrence Market neighbourhood, and minutes from the new Pan Am Village. Suites expected to range from 500 - 2500 sqft. 158 Front is a New Condo development by Cityzen, located in the heart of Toronto at Front and Sherbourne, and located minutes from the new PanAm village re-development area. Suites are starting in the 500sqft range, The 158 development will consist of mostly one-bedroom units which will make up 68% of the development. Ideal for investors are the bachelor units, which will make up 10% of the develop...
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By Anne Lok, Toronto Modern Real Estate
(Berkshire Hathaway HomeServices Toronto Realty)
L'Ouvrier, Best Brunch in Toronto Trinity BellwoodsWhere: 791 Dundas St West, TorontoHours: W-F 6pm-12am, Sat/Sun 11am-3pm, 6pm-12amWhat: Weekend Brunch, DinnerWebsite: louvrier.ca/Phone: 416-901-9581  Accessible fine dining for "the working man"As you enter, a full size black and white photo of Second World War workers catches your eye. The space is playful, warm, simplistic, but creative and unique.  Much of those quality are represented by the food they serve with carefully composed ingredients for every dish. The brunch menu selection will satisfy a every palette. It was a tough decision to have to narrow down to one choice.  I tried the potato rosti with smoked lovell springs trout and a generous amount of arugula, sprinkled with sour creme, fried shallots and capers. My husband tr...
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By Rosalind Nicholas, Toronto Condo Real Estate Agent, Toronto ON
(RE/MAX Condos Plus Corporation, Brokerage)
A new requirement for homebuyers in Toronto, ON  ……. As house prices in the city of Toronto keep rising, people were moving out of the city to the suburbs. There was more space and greenery and housing was affordable. Space was needed especially if there is a baby on the way. People wanted to offer their children a safer and cleaner environment. However, suburbs are quite often associated with isolation, away from the excitement of the city and calm of the country. Many did not factor in the higher transportation costs, including gas and often the need for a second car when they move to the suburbs.  So, the trend in recent years has been towards more Canadians wanting to live closer to the city core with an easier commute and a greater range of amenities.  This has introduced a new req...
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By Anne Lok, Toronto Modern Real Estate
(Berkshire Hathaway HomeServices Toronto Realty)
One Park Place Condos For Sale, Regent ParkAddress: 170 Sumach St & 55 Regent Park Blvd       Stop your search! If you are looking for an amazing condo complex to live in Downtown Toronto, you have just found it. One Park Place couldn't be more conveniently located. Sitting in Phase 2 of the Regent Park master planned redevelopment, many of the units in the complex have sweeping views of downtown Toronto and all the way to the lake. No car? No problem! This condo complex has a Walkscore of 89, Transit Score of 97, and Bike Score of 100! If you are looking for a Biker's paradise, this neighbourhood connects to the North-South and East-West Toronto bike network.Walking distance to restaurant and neighbourhood grocery store a block away. Literally everything you would ever need to live is ...
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By Anne Lok, Toronto Modern Real Estate
(Berkshire Hathaway HomeServices Toronto Realty)
   Yesterday, Bank of Canada lowered the overnight rate for the second time this year by .25% due to a weaker than expected economy in the first two quarters. What does that mean if you are shopping for a new home or planning to sell and buy a home? The common questions is whether the drop in interest rate will fuel the already heated market and drive up consumer debt? This could mean that more people will be able to afford to buy, so margin borrowers can buy more house so-to-speak, or in a better position to enter the housing market. Next, will be to see how all the chartered banks reacts with the news to adjust their current lending rate. TD was the first to jump on lowering their prime by 10bp at 2.75%.  The Canadian economy is contracting blaming slower global growth and low oil pri...
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By Anne Lok, Toronto Modern Real Estate
(Berkshire Hathaway HomeServices Toronto Realty)
 This weekend, I took a scenic walk by Bluffers Park and Marina, which is located just 25 minutes drive eastward from Toronto's bustling Downtown core. The Scarborough Bluffs and Bluffers Beach offers a secluded tranquil escape along the Toronto waterfront, with protected wildlife, hiking trails, picnic areas and a large marina. One of the unique features at the Bluffers Park Marina are a community of 24 exclusive floating homes. They are year round residential dwellings similar in construction to conventional homes, equiped with modern amenities, roof decks, plumbing, electricity, furnaces etc.  The community attracts creative work at home types, that enjoys small community living and active outdoor lifestyle.                                                                             ...
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By Rosalind Nicholas, Toronto Condo Real Estate Agent, Toronto ON
(RE/MAX Condos Plus Corporation, Brokerage)
Condos, then Freehold Houses, then Townhouses and then back to Condos I met, a potential client, a couple of years ago ……., last year she said to me she was planning on buying a condo in two years time.  She had her eye on a particular condo complex. A beautiful high-end older complex, so the units were larger. She needed space, a minimum of 1400 sq ft. Then in February this year she called to say she wanted to buy sooner rather than later ………, no problem. However, there were no units available for sale in that complex…….. So, she decided to look at other buildings, in her preferred area. I showed her some units; she was not very keen on any of them. The showings continued, some on her own and some with her mother. A beautiful soul, very spritely for her age. She wanted to make sure; th...
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By Sham Pathania
(SAVE MAX FIRST CHOICE REAL ESTATE INC.)
SPECIAL DEPOSIT PROGRAMFind the key to fine Living at Key West in Etobicoke5% ONLY FOR UNITS UNDER450000 WITH MORTGAGE APPROVAL5% ON OCCUPANCYIN ADDITION2% OFF purchase priceThousands in Upgrades1 Parking and 1 Locker Models Fully Furnished - Occupancy Starting from January 2016 Type Model Suite Size(sq. ft.) View StartingFloor *Selling Price Summer Deal 1 Br 1B 545 N 5 $277,500 $271,900 1 Br 1D 610 N 6 $303,500 $297,500 1 Br+M 1E+M 605 N 9 $318,000 $311,500 1 Br 1A 520 W 31 $318,500 $312,000 1 Br+M 1C+M 595 S 28 $358,000 $350,500 1 Br+M 1G+M 640 NE 34 $377,000 $369,500 1 Br+D 1F+D 630 S 37 $390,500 $382,500 2 Br 2A 865 NW 4 $415,500 $407,000 2 Br 2B 965 SW 4 $476,500 $467,000 2 Br 2C 990 SE 3 $493,500 $483,500  For more details and bookings, please contact.Sham Pathania,SalespersonHome...
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