Thursday, January 19, 2012
Tuesday, December 13, 2011
9b Woodfield Road - Home For Sale - $519,000
Just Listed! A wonderful, bright home steps from the all the best Leslieville has to offer as well as the Beach!
Executive Luxury Freehold Townhome In The Beach And Walk To Leslieville. Steps To The Boardwalk And Queen. Builder's Model With Many Upgrades - 9' Baseboards, Crown Moulded Ceiling, 10Ft Ceilings On Main Floor. Gas Fireplace In Large Chef's Kitchen. Ideal Space For Entertaining - 2 Walk-Outs - Large Private Rooftop Terrace. Maple Hardwood Floors. California Shutters. Close To Parks And Leslieville Farmer's Market. Large Garage With Direct Access To House.
Stainless Steel Fridge & Stove, Stainless Steel Microwave, Dishwasher, Washer/Dryer, All Electric Light Fixtures, All California Shutters, All Blinds, All Curtains & Rods, Patio Furniture, Large Planter On Deck, Cac, Built-Ins In Master.
For more information about this listing please visit my website: 9b Woodfield Road
For all of the photos and virtual tour click here: 9b Woodfield Road
Google Street View:
View Larger Map
Executive Luxury Freehold Townhome In The Beach And Walk To Leslieville. Steps To The Boardwalk And Queen. Builder's Model With Many Upgrades - 9' Baseboards, Crown Moulded Ceiling, 10Ft Ceilings On Main Floor. Gas Fireplace In Large Chef's Kitchen. Ideal Space For Entertaining - 2 Walk-Outs - Large Private Rooftop Terrace. Maple Hardwood Floors. California Shutters. Close To Parks And Leslieville Farmer's Market. Large Garage With Direct Access To House.
Stainless Steel Fridge & Stove, Stainless Steel Microwave, Dishwasher, Washer/Dryer, All Electric Light Fixtures, All California Shutters, All Blinds, All Curtains & Rods, Patio Furniture, Large Planter On Deck, Cac, Built-Ins In Master.
For more information about this listing please visit my website: 9b Woodfield Road
For all of the photos and virtual tour click here: 9b Woodfield Road
Google Street View:
View Larger Map
Thursday, November 10, 2011
Attention Tenants and Landlords of Ontario...
I have recently come across some questions regarding what tenants are responsible for while renting, as well as what Landlords are responsible for. All of us at some point or another in our lives have rented, whether at university, or a flat before your first home purchase. There are many ins and outs that one needs to know...For example:
1) How much notice must a landlord give the tenant to visit the property (in a non-emergency)?
2) How much notice of termination must a tenant provide?
3) What if a toilet seat breaks, who is responsible?
I have included a PDF from the Landlord and Tenant Board website as well as a link to their site for your information.
Know your rights whether you own the property or rent. This can save a lot of hassle.
Landlord and Tenant Board link
Tuesday, November 8, 2011
Monday, November 7, 2011
November Toronto Real Estate Newsletter
Here is the latest news from our market watch. One thing I would like to add to this information is that we have felt a slow down in the first week of November, approximately 3 weeks earlier than our seasonal slowdown. What we have noticed is that once a buyer has purchased there are fewer buyers coming into the buying process...ie, we are seeing less multiple offers and we are seeing houses begin to go "under asking".
Greater Toronto REALTORS® reported 7,642 home sales through the TorontoMLS® in October 2011. This represented an increase of 17.5 per cent compared to the 6,504 transactions reported in October 2010.
Monthly sales data follow a recurring seasonal trend that should be removed before comparing monthly results within the same year. After adjusting for seasonality, the annualized rate of sales for October was 97,100, which was above the average of 90,700 for the first three quarters of 2011.
"The pace of October resale home transactions remained brisk in the GTA. This bodes well for a strong finish to 2011," said Toronto Real Estate Board President Richard Silver. "Home buyers who found it difficult to make a deal in the spring and summer due to a shortage of listings have benefited from increased supply in the fall."
The average selling price through the TorontoMLS® in October was $478,137 - up eight per cent compared to October 2010.
"Sellers' market conditions remain in place in many parts of the GTA. The result has been above-average annual rates of price growth for most home types," said Jason Mercer, the Toronto Real Estate Board's Senior Manager of Market Analysis.
"Thanks to low interest rates, strong price growth has not substantially changed the positive affordability picture in the City of Toronto and surrounding regions."
Monthly sales data follow a recurring seasonal trend that should be removed before comparing monthly results within the same year. After adjusting for seasonality, the annualized rate of sales for October was 97,100, which was above the average of 90,700 for the first three quarters of 2011.
"The pace of October resale home transactions remained brisk in the GTA. This bodes well for a strong finish to 2011," said Toronto Real Estate Board President Richard Silver. "Home buyers who found it difficult to make a deal in the spring and summer due to a shortage of listings have benefited from increased supply in the fall."
The average selling price through the TorontoMLS® in October was $478,137 - up eight per cent compared to October 2010.
"Sellers' market conditions remain in place in many parts of the GTA. The result has been above-average annual rates of price growth for most home types," said Jason Mercer, the Toronto Real Estate Board's Senior Manager of Market Analysis.
"Thanks to low interest rates, strong price growth has not substantially changed the positive affordability picture in the City of Toronto and surrounding regions."
Saturday, October 29, 2011
A Few Pics From Some Recent Travels
I have had the opportunity to travel to some great areas this year. From the Rockies to the Coastal Mountains here in Canada and a brief stint in New Zealand for the Rugby World Cup. Here are a few pictures of some "accommodations" I found along the way...
Starting off with something I noticed while walking the streets of Vancouver (aside from the fact that a majority of houses are wooden), the basement floors are "above grade" something that you do not see very often in Toronto. What a difference this makes for a basement tenant (again, common in Vancouver due to the massive expensive required to purchase a home there). These basements are full of light. Instead of a 3x2 foot window at eye level you can actually have floor to ceiling windows...An example:
A quick and affordable option I came across in Kitsilano...it had a great view of the mountains and ocean...an excellent way to wake up in the morning. Or after a siesta.
Back here in Toronto, this is actually one of my favourite downtown homes, the back end appears to have been renovated in a nice modern way... (I do love red-brick century old homes):
Now on to New Zealand, I was walking along the wharf in Auckland Harbour when I happened upon a new condo development (this wasn't built during my last trip 6 years ago). I couldn't get over the parking, specifically the boat parking, there were private boat slips for the condo units, along with a private lock system. I have NEVER seen this before, I was in awe. What a way to live your life! (interestingly the car parking lot is located under the boat slip 'pond'. (the second pic shows the traffic lights for the boaters entering and exiting the locks into the harbour.)
An artist live/work space in the hills north of Auckland, the day before saw 24 sheep "cutting the grass" around the space. Very much off-the-grid:
A room with a view, perhaps we all grew out of this type of living once our childhood ended but it still stirs something deep within me ;)
Before I leave NZ, back to the ocean. Since the Rugby World Cup was in town there were many mega yachts of the world's wealthy visiting the harbour. There were some with helicopter pads, full motor boats parked inside boats, incredible. But!...this one stood out for me, it was beautiful - the wood, the shape, simply incredible. The size also blew me away, the pic doesn't do this any justice, have a look at the man at the bow, gives a little bit of an idea just how big this boat is. I have no idea how many can sleep on her, but I'm sure it could fit your friends.
Ah, a final shot, this one was snapped on the distant shores of Lake Simcoe this summer, my accommodations for a couple of dear friends' wedding...that is my suit hanging on the line ;)
Starting off with something I noticed while walking the streets of Vancouver (aside from the fact that a majority of houses are wooden), the basement floors are "above grade" something that you do not see very often in Toronto. What a difference this makes for a basement tenant (again, common in Vancouver due to the massive expensive required to purchase a home there). These basements are full of light. Instead of a 3x2 foot window at eye level you can actually have floor to ceiling windows...An example:
A quick and affordable option I came across in Kitsilano...it had a great view of the mountains and ocean...an excellent way to wake up in the morning. Or after a siesta.
Back here in Toronto, this is actually one of my favourite downtown homes, the back end appears to have been renovated in a nice modern way... (I do love red-brick century old homes):
An artist live/work space in the hills north of Auckland, the day before saw 24 sheep "cutting the grass" around the space. Very much off-the-grid:
A room with a view, perhaps we all grew out of this type of living once our childhood ended but it still stirs something deep within me ;)
Before I leave NZ, back to the ocean. Since the Rugby World Cup was in town there were many mega yachts of the world's wealthy visiting the harbour. There were some with helicopter pads, full motor boats parked inside boats, incredible. But!...this one stood out for me, it was beautiful - the wood, the shape, simply incredible. The size also blew me away, the pic doesn't do this any justice, have a look at the man at the bow, gives a little bit of an idea just how big this boat is. I have no idea how many can sleep on her, but I'm sure it could fit your friends.
Ah, a final shot, this one was snapped on the distant shores of Lake Simcoe this summer, my accommodations for a couple of dear friends' wedding...that is my suit hanging on the line ;)
Monday, October 24, 2011
Mid October 2011 Toronto Housing Report
Here is the latest report for the first half of October. The market was quieter a year ago as we were seeing buyer fatigue. Many clients at the time were tired of seeing houses going in to multiple offer scenarios, so they stepped back for a breather which led to a temporary correction in prices. Only time will tell whether this happens again this year. At this stage what we do know is that quality homes are not readily available. When a good quality home that is priced well arrives on MLS there is a flurry of interest. Don't get me wrong we are certainly in a seller's market (and will be for a while) but a slight slow down is being felt due to the quality of homes. A quarter of the homes sold in our office last week went over asking, the other 75% were under. So, stay tuned to what the market holds as we head further into the fall...
TORONTO, October 18, 2011 -- Greater Toronto REALTORS® reported 3,477 transactions through the TorontoMLS® system during the first 14 days of October 2011. This total represented a 20 per cent increase over 2,890 sales reported during the first two weeks of October 2010. Year-over-year growth in new listings for the same period was slightly stronger than that recorded for sales – up 21 per cent to 6,249.
"The first two weeks of October seem to be pointing towards more balanced market conditions as we move toward 2012. Growth in new listings outstripped growth in sales, meaning more choice for buyers," said Toronto Real Estate Board President Richard Silver. "A growing number of home owners are reacting to the above average price growth reported this year and have decided to list their home for sale. They are confident they will receive timely offers in line with their asking prices."
The average selling price during the first two weeks of October was $475,743 – up 7.5 per cent compared to the same period in 2010.
"The average resale home price is expected to grow at a slower pace in the months ahead because the market is becoming better supplied. There will be less competition between home buyers as we move through the fall and winter." said Jason Mercer, the Toronto Real Estate Board's Senior Manager of Market Analysis. "With a more balanced market in 2012, the average rate of annual price growth is expected to be in the mid single digits."
"The first two weeks of October seem to be pointing towards more balanced market conditions as we move toward 2012. Growth in new listings outstripped growth in sales, meaning more choice for buyers," said Toronto Real Estate Board President Richard Silver. "A growing number of home owners are reacting to the above average price growth reported this year and have decided to list their home for sale. They are confident they will receive timely offers in line with their asking prices."
The average selling price during the first two weeks of October was $475,743 – up 7.5 per cent compared to the same period in 2010.
"The average resale home price is expected to grow at a slower pace in the months ahead because the market is becoming better supplied. There will be less competition between home buyers as we move through the fall and winter." said Jason Mercer, the Toronto Real Estate Board's Senior Manager of Market Analysis. "With a more balanced market in 2012, the average rate of annual price growth is expected to be in the mid single digits."
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