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21 Melbourne Drive
Let’s kill 2 birds with 1 stone. I will explain the different parts of a MLS listing while featuring the deal of the week. This week I am featuring a 2-storey detached home at 21 Melbourne Drive in Bayview North of Richmond Hill.
At the top of page we start with the MLS number. Each listing has a MLS number that is assigned chronologically. In Toronto MLS the first letter designates the area the property belongs to . C = Central / W= West / E = East / N = North. This property is located in Richmond Hill so the MLS# starts with a N. If a listing is terminated/expired and is re-listed than a new MLS# will be assigned.
Next to the MLS# is a fairly important part of the listing, the LISTING PRICE. In this case, they are asking $595,000.
Roll you mouse over the thumbnails to see a larger photo. To see more photos you can click on the <more> button.
Building Type: House – This property is a house. Other types are townhouse, rowhouse and apartment.
Bedrooms: 4 – This property has 4 bedrooms. This does not include bedrooms in the basement.
Bathrooms: 4 – This property has 4 bathrooms. Note that the powder room on the main level counts as a bathroom here.
Storeys: 2 – This property has 2 levels not including the basement.
Land size: 50.00 x 98.50 FT – This is the size of the lot measured in Feet. The frontage is 50 feet wide and the depth is 98.50 feet long. Do you know where the front of this lot starts? Is it at the road or at the sidewalk? You can walk to the rear lot line and measure out 98.50 feet. But I can tell you the lot starts behind the sidewalk. A misconception is that the land in sub-divisions extends out to the road boundary. It is the same with homes that have no sidewalks, the city owns the front portion and can pave a sidewalk in the future.
Location: 21 Melbourne Drive – This is the address of the property.
On the right hand side are the names of the Real Estate Representatives (Teresa Tsui & Peter Hin-Tak Tang) that are listing the property. You do not need to know this because you will be picking up the phone and calling ME! “Hey Kirby, is this house at 21 Melbourne Drive a good buy?”
By the way, I’m never too busy for your business and any of your referrals.
Going above and beyond for my clients,
Kirby Chan
Real Estate Sales Representative @ Re/Max
info@kirbychan.com
www.KirbyChan.com
416.305.8008
The cold weather is back! It looks like more snow for the coming days. Bad weather affects real estate prices because less people are shopping for homes. It’s more trouble to view the properties, driving to the properties, getting a proper home inspection done and moving your home. So who can this benefit? Of course, the buyer who is willing to go through this hassle.
Let us take a look at this week’s list of power of sales.
Power of Sale Listings for Central/North Toronto
Freehold/Condominium properties please - click here -
Power of Sale Listings for East Toronto
Freehold/Condominium properties please - click here -
Power of Sale Listings for West Toronto
Freehold/Condominium properties please - click here -
Richmond Hill / Markham / Vaughan – There are very few Power of Sale listings for the three towns in York Region, so I have lumped them together.
Freehold/Condominium properties please - click here -
For other areas in the GTA, please request it by emailing me and I will email the listings to you.
Please contact me to discuss any of the power of sale listings.
Kirby Chan
Real Estate Sales Representative @ Re/Max
info@kirbychan.com
www.KirbyChan.com
416.305.8008
I have been posting power of sale listings on my blog for about 3 weeks now. I have been getting comments that they are not really good deals. I do not promise that power of sale or estate sales are good deals. They are priced by the same agents that list every other home. Financial institutions are not giving these homes away, because they do want to re-coup their money. What I can tell you is that these sellers are super motivated and negotiation power is heavily in favour of the buyer. Therefore, there is no need to tell me they have standard market asking prices. Because if they can sell it to a sucker who does not negotiate than they will.
This does not only apply to Power of Sales, because most of the listed properties are priced too high. This is the reason why so many listings are expired or staying on the market unsold. Change has arrived and prices have to be adjusted. When I help my clients purchase a property, I work out the market value and I negotiate the offer until we purchase it at or under the market value.
Power of Sale Listings for Central/North Toronto
Freehold/Condominium properties please - click here -
Power of Sale Listings for East Toronto
Freehold/Condominium properties please - click here -
Power of Sale Listings for West Toronto
Freehold/Condominium properties please - click here -
Richmond Hill
For properties please - click here -
Markham
For properties please - click here -
For other areas in the GTA, please request it by emailing me and I will email the listings to you.
Please contact me to discuss any of the power of sale listings.
Kirby Chan
Real Estate Sales Representative @ Re/Max
info@kirbychan.com
www.KirbyChan.com
416.305.8008
The Victoria Tower
The Victoria Tower is a boutique condominium which is located at Highway 7 East in between Bayview Avenue and Leslie Street. View Map
Viva/York Region Transit is convieniently located just across the street.
There are 1 bedroom units, 1+1 bedroom units, 2 bedroom and 3 bedroom penthouses.
Amenities – Fitness/exercise room, swimming pool, sauna, steam room, whirlpool and party room.
Lobby has 24-hour concierge services and hotel style waiting area.
1-Bedroom units start at $199,000.
2-Bedroom units start at $325,000.
3-Bedroom units start at $475,000.
-click here for the MLS listings-
Contact me to discuss and to view the properties.
Kirby Chan
Real Estate Sales Representative @ Re/Max
info@kirbychan.com
www.KirbyChan.com
416.305.8008
