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This is my new format to introduce new condominiums. I am going to provide a brief summary and important points of the condominium and for other small details, I’ll link you to the builder’s website for more information.
This condominium is tried, tested and true built by Pemberton, a longtime builder in the GTA. Miracle on Yonge will join several other condominium buildings along Red Maple Road just east of Yonge Street.
Key Points
1 Parking and 1 Locker included in purchase price.
6 Appliances included
Media/Billiards Room
Fitness/Exercise Room
Party Room
24hr Concierge
Phase 1 – Only 2 bedrooms remain (935 sq.ft. – 960 sq.ft.) and prices start from $334,900. The builder is expecting an occupancy date of November 2011.
Phase 2 – 1 bedrooms start from $249,900 and 2 bedrooms start from $299,900. No occupancy date yet.
5% / 5% / 5% – Deposit Structure.
For more information - please click here - for the builder’s website.
Contact me if you would like more information.
I personally go to every sales office visit with my clients and provide as much or as little help needed through the process. Remember you are not alone.
Here is the most important fact. I get discounts. Yes, I get discounts on most of the new condominiums. I cringe everything time I hear a friend of a friend that bought a condominium without me. Builders factor in finder’s fees and commissions because most of the buyers are represented by a real estate agent. The best part is, as buyers you do not pay anything for my services. Buyers without representation and buying condominiums are losing out and I’m not just taking about the discounts.
For example there is a well-known development that was built 1-2 years ago with many problems. If you are living there or know someone living there, than you will know which building I am talking about. I have heard many horror experiences from their previous buildings so when their latest development came out for sale, I did not recommend any of my clients to buy them. They thank me today, saving them all the headaches that followed after closing. I got notice that this builder has a new development and will be released soon. Unfortunately this cycle will just repeat itself until they learn how to build condominiums. Beware and don’t become their guinea pig.
I do not promote nor help sell these condominiums. My clients mean more to me than the commission.
“Always buy a new condominium with Kirby Chan”
Kirby Chan
Sales Representative
Forest Hill Real Estate
info@kirbychan.com
www.KirbyChan.com
416.305.8008
By the way… I’m never too busy for your referrals.
* UPDATE – NEW DATE ADDED AUG 29th. This is a charity sale, with proceeds going to the united way. I will be there volunteering. See you all there!
To my valued clients, here it is. The long awaited P & G Warehouse sale. It’s a new location this year so please take note it’s now in Pickering.
Please refer me when your friends and family are looking for a real estate agent. Providing outstanding service is my top priority to my clients.
Now go get some good deals!
Kirby Chan
Sales Representative
Forest Hill Real Estate
info@kirbychan.com
www.KirbyChan.com
416.305.8008
Parkview Towers is located just south of Highway 7 in between Leslie Street and Bayview Avenue. Easy access to Viva Bus Line on Highway 7 and minutes to Highway 404 and Highway 407 by car.
Sizes range from 589 sq.ft. one bedrooms to over 1,300 sq.ft. penthouse units.
At the moment I have a large one bedroom with one bathroom unit for sale.
Large One Bedroom 613 Sq.ft. + 55 Sq.ft. Balcony
It has unobstructed southern views overlooking future park. Open concept modern kitchen with granite counters, centre island and stainless steel appliances. It is a bright and spacious unit with 24 Hrs Concierge, Indoor Pool, Billiards Room, Sauna and Exercise Room.
1 Parking / 1 Locker
Asking Price – $230,000 – SOLD – 2 days on the market. $223,500.
Please contact me to view the unit.
Please contact me if you would like to sell your unit.
Kirby Chan
Sales Representative
Forest Hill Real Estate
info@kirbychan.com
www.KirbyChan.com
416.305.8008
By the way… I’m never too busy for your referrals.
The number of power of sale listings has decreased by about half since the last Power of Sale post. Taking the Mid-May report into account, it appears that we are in an equilibrium with a balanced supply of buyers and sellers. This is a great time to buy and/or sell.
Let’s take a look at the current power of sale listings.
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 -
York Region (Richmond Hill / Markham / Vaughan / Aurora) – There are very few Power of Sale listings for the towns in York Region, so I have grouped them together.
Freehold/Condominium properties please - click here -
Mississauga & Oakville
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.
Please contact me to list your property for sale.
Kirby Chan
Sales Representative
Forest Hill Real Estate
info@kirbychan.com
www.KirbyChan.com
416.305.8008
By the way… I’m never too busy for your referrals.
Toronto Real Estate
Kirby Chan
Toronto Power of Sale
Malibu Condos
Malibu at Harbour Front Condominiums is located at 600 Fleet Street at the intersection of Bathurst and Lake Shore Boulevard. It is composed of a 30-storey tower with 339 suites. A 11-storey podium is attached to the tower and provides a 12th floor beach-style terrace. Roomy 2-storey lofts with 16-foot ceilings are available as well as studios, one and two bedroom suites. Suites have floor to ceiling windows. Suites can appreciate the Lake Views on the Balcony. The 3-storey Malibu Club Spa has a pool, sundeck, whirlpool, fitness centre, and beach lounge. A party room is outfitted with a kitchen and bar. Furnished guest suites and visitors parking provide comfort and entertainment to your guests. Security features include a 24-hour concierge and a live-in Superintendent.
Malibu Condo Prices
Studio units start at $149,900 for sale and $910 for lease.
One Bedroom units start at $219,900 for sale and $1,250 for lease.
One Bedroom + Den units start at $249,900 for sale and $1,400 for lease.
Two Bedroom units start at $284,900 for sale and $1,600 for lease.
Two Bedroom Penthouses start at $448,900 for sale with none for lease.
Please contact me to obtain the MLS listings or to view any of the units at Malibu Condos for sale or for lease.
If you prefer a to buy a new construction, please take a look at my LTD Condominiums post.
Kirby Chan
Sales Representative
Forest Hill Real Estate
info@kirbychan.com
www.KirbyChan.com
416.305.8008
By the way… I’m never too busy for your referrals.
After a 2-day snow storm, the sun has returned. The market interest is certainly picking up, with our office registering 900 showings this week. 50% of the analyst would say it is going to get worse. 50% of the analyst would say it is the bottom now and the housing market will rebound. To be honest with you, who really knows. These people are just guessing, and what I know is 50% of them are going to get it right and be labeled as experts. The other 50% will have to try their luck again. I like to look at the stats and I will provide the March housing statistics in the next post. In summary for the month of March, 2009 vs. 2008, we are down 7% in sales transaction and down 5% in average price. When compared to the month of January and February the housing market is improving at a steady rate. It seems it is not as bad as the media portrays it to be.
Let us move on to 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 -
York Region (Richmond Hill / Markham / Vaughan / Aurora / Uxbridge/ Stouffville) – There are very few Power of Sale listings for the 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
Sales Representative
Forest Hill Real Estate
info@kirbychan.com
www.KirbyChan.com
416.305.8008
By the way… I’m never too busy for your referrals.
21 Melbourne Drive
This is Part 2 of “How to read a MLS listing on Realtor.ca”. We will use the same listing at 21 Melbourne Drive for our example. Has it been a month already and it’s still on the market?
Last time we left off at the listing agents Name and Brokerage.
Let’s move on to the meat and bones of the listing. Under the thumbnail photos, we have the General Description. It’s a very limited space for sales representatives to try to write all the positive features they can think of. Hence the use of Acronyms, with some easy to understand and some so puzzling it takes me a couple minutes to decipher. Let’s take a look at some of the special ones.
Premium lot – This description is very subjective. Some agents would classify corner lots or pie shaped lots or lots backing onto a school as premium. I like to reserve the premium lot description for homes that are backing onto ravines, golf course or lakes. It’s premium because it offers privacy or offers water access. In this case, it may be premium because it is O/L ravine. We will get to that soon.
$$80K Upgrades – Ask for the upgrade list from the builders.
** O/L Ravine – Ravine is across the street behind the daycare parking lot.
*Stone Front *Granite Foyer & Glamorous Hardwood *Lots Of Halogen Pot Lights *Crystal Chandelier & Wall Sconce *Stainless Steel Gas Stove – Straight forward.
B/I Dw – Built-in Dishwasher.
Tumble Marble B/S With Island – That’s B.S. standing for Back splash. So the kitchen has a marble back splash and a centre island for food preparation.
**Approx 2700S.F. – maybe less or more. Usually less.
Cvac+Equip – Central Vacuum + Equipment. Many times abbreviated as CV
Cac, Eac – Central Air Conditioning, Electronic Air Cleaner
Property section – This section describes the Parking and Utilities that service the property.
Building section – This section describes the type of house. In this case, it’s a 2-storey detached brick dwelling with A/C.
Rooms section – This section describes the layout and where each room is located. It also gives the dimensions of each room.
Heating section – This home is heated with Force Air Gas which is a gas furnace. Other variations are Electric which could be baseboard heating or an electric furnace. Another one is oil heating which are radiators.
Land size – Just repeating the lot size here.
It’s pretty simple once you get the hang of it. If you have any acronym that you come across that you don’t understand, ask me in the comments section.
I hope this helps you in reading a MLS Listing, please leave me a comment if you have found this helpful or have any other questions.
Going above and beyond for my clients,
Kirby Chan
Sales Representative
Forest Hill Real Estate
info@kirbychan.com
www.KirbyChan.com
416.305.8008
By the way… I’m never too busy for your referrals.
The warm weather has arrived! 13 degrees today, looks like spring is coming early. Good weather affects real estate prices and I feel this as more clients are calling me to see homes and to get a market evaluation on their own home.
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
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
