Toronto Real Estate Report

Explore the City

I have lived in Toronto all my life.  I was born in Vancouver, my family landed there when they immigrated from Iceland, but we moved to Toronto when I was about 2 years old, so Toronto is the only city I've ever known.

I love Toronto.  It's a busy, bustling city with so much to offer.  This week I walked along the lake at Harbourfront, after showing condo's, had lunch with a friend in The Beach and went for a run along the Belt Line trail.

After spending most of his summers in Muskoka, my son is in the city this year with a job in downtown Toronto.  He's keen to explore the city, the many unique neighbourhoods and cultural events.

Do you love the Blues?  Check out the Waterfront Blues Festival at Woodbine Park this weekend.  Check out this link for details: Waterfront Blues

I found a great website that gives you tons of information on all the great things to see and do in Toronto, check it out: Where

Enjoy!  

Yonge & Eglinton

This intersection is a vibrant and exciting area in central Toronto. Great restaurants that will suit every palette, a huge variety of businesses so you can "shop til you drop", a movie theatre and easy access to the subway and bus station.

Condominiums have been springing up like hotcakes, the more controvercial  Minto Towers is rewarding  pre-construction purchasers with strong returns on their investment.  Bidding wars are the norm, as young and hip first time homebuyers want to move into this neighbourhood.  It was once know as "Yonge & Eligible" due to the string of bars along Eglinton, one of the more popular clubs that contributed to this reputation was "Earls Tin Palace" .

The condos are surrounded by upscale homes and desirable family neighbourhoods.  The area is known to be safe, and a walk home from the subway at night is well lit and comfortable.

Most of the newer condos are towering, large scale developments.  However, 7 Broadway is a desirable low rise building, with fewer than 100 units.  It boasts wonderful amenities, such as a lap pool, exercise room, sauna, party room and concierge.

I have a new listing, over 1000 sf listed for $335,000.  When buyers are scrambling to pay $350,000 to $400,000 for a 1 bedroom, plus den, less than 800 sf, this unit offers great value.  The parking is rental, however the benefit to this is that you aren't paying an extra $30,000 for it, and the company that owns and manages the underground parking is responsible for repairs and maintenance of the garage, so it frees up the reserve fund for building improvements.

During open houses I have met many of the owners in the building and they all rave about the location and how well managed the building is.

Curious?  Have a look at the listing details: 7 Broadway Ave. #206

Take a  Video Tour

Leslieville is here

It wasn't long ago that Leslieville would be referred to as an up and coming neighbourhood, but I think it has found its way up and has built a solid foundation as a great place to call home.

For full details about this area, click on this link: Leslieville

Queen St. East is full of fabulous restaurants, cafes & merchants of all kinds. It's attracted many young families and house values have gone up steadily over the years. A neighbourhood coalition was recently formed & launched a sophisiticated campaign to block a proposed "Big Box' store on Eastern Ave. and they just won!  The recent Ontario Municipal Board meeting denied the proposal by Smart Centres and the residents couldn't be happier.  They want to preserve the vibrant future of the neighbourhood.

Do you want to live in this trendy, hip location?  Check out my new listing, it's a wonderful detached home with 3 bedrooms, 3 baths, main floor laundry and a finished basement: 2 Mallon Ave.

 Call me if you would like to have a look, or come to the open house this weekend, Saturday April 4th and Sunday April 5th from 2-4 p.m.

North York

Yonge and Sheppard is the intersection where athriving North York neighbourhood comes alive.  Travel north along Yonge St. and take advantage of a variety of restaurants to suit every palette, shops for every budget and entertainment that ranges from movies to live theatre.

At the centre of this hub is Mel Lastmas Square, home to government offices and an outdoor area that host a variety of events throughout the year.  To check out the calendar of events, click on the link:Mel Lastman Square

Other area amenities include the Douglas Snow Aquatics Centre and the North York Public Library.  Easy access to public transportation at the Sheppard subway, which runs along the Yonge line, and east along the Sheppard line.  Highway 401 is just minutes away, which connects to the Don Valley Parkway, Highway 404 going east and to the 400 or 407 going west.

Sound like a great neighourhood?  I have a new listing, just perfect for the first time home buyer, or someone looking to downsize to a cute and comfortable home in the area.

To find out all the details, click on the link and view the interior pictures and video tour: 78 Burndale Ave.

The market is hopping, many buyers and sellers are no longer standing on the side lines.  Prices have stabilized and mortgage rates are expected to go down again in March, things just keep getting better in the housing market!