Kirby Chan's Blog

A Real Estate Sales Representative Serving Greater Toronto. Search MLS Listings, Find Homes For Sale and Sell Your Home.


Leave a comment

Sales Dip in November while Selling Prices Increase

Greater Toronto Area REALTORS® reported 5,793 sales in November 2012 – down by 16 per cent compared to November 2011.

“Transactions have been down on a year-over-year basis since June, after being up substantially in the last half of 2011 and the first half of 2012. Some buyers pulled forward their decision to purchase, which has impacted sales levels in the second half of 2012,” said Toronto Real Estate Board (TREB) President Ann Hannah.

“Stricter mortgage lending guidelines, including a reduced maximum amortization period and a purchase price ceiling of one-million dollars for government insured mortgages, have prompted some buyers to move to the sidelines. This situation has been exacerbated in the City of Toronto because the additional upfront Land Transfer Tax takes money away from buyers that otherwise could be used for a larger down payment,” continued Hannah.

The average selling price was up by 1.6 per cent annually to $485,328. The MLS® Home Price Index (MLS® HPI) Composite Benchmark was up by 4.6 per cent compared to last year.

“The moderate annual rate of price growth compared to previous months was largely due to a different mix in detached home sales this year compared to last, particularly in the City of Toronto. The share of detached homes that sold for over one-million dollars was down substantially, which influenced the overall average price,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

“The MLS® HPI detached benchmark price, which tracks the price for a home with the same attributes over time, was up by almost six per cent in Toronto, suggesting that market conditions for low-rise homes remain quite tight despite a changing mix of sales,” added Mercer.

Source: TREB

Enhanced by Zemanta
Advertisements


5 Comments

Reputable Menkes Presents FABRIK Condos

A new development where the Fashion District and Entertainment district meet is perfect for those who crave the day and nightlife of Toronto.  Menkes’ new project, Fabrik Condos is under pre-construction at 431 Richmond Street W. and is scheduled for completion in July 2015.

Fabrik’s modern and unique exterior will rise 16-storeys high that will certainly stand out in this area.  There will be approximately 168 units with a wide range of floor plans to choose from varying from 424 to 1,388 square feet starting in the mid $200’s.  Each unit will have high 9-foot ceilings, laminate flooring, quartz kitchen counter tops and Energy Star appliances.

Amenities will include a stylish lobby with an 8-hour concierge service, guest suites, well-equipped workout facilities including a yoga studio, party room, screening room, pet grooming room.  The highlight of this condo is a beautifully landscaped terrace found on the 11th floor overlooking the city.  It will feature a fireplace, multiple barbecue stations and a lounge area to socialize.

With its ideal location with future developments in the area, Fabrik units will sell very quickly without a doubt!
Fill in the form below for more information on Fabrik Condos

Wondering what your home or condo unit is worth? Contact Me, Just Click Here or call me directly at (416) 305-8008.

Kirby Chan | Sales Rep. | Director of Technology & Social Media
Keller Williams Real Estate Service
17 Church Ave., North York
Tel: (416) 222-6188 | Mobile: (416) 305-8008
info@KirbyChan.com | www.KirbyChan.com (Home Buying & Selling Resource Guide)
Real Estate Toronto 360 (GTA Home Buying Resource)
Toronto Condominium Search (GTA Condo Buying Resource)

Fabrik Condos, 431 Richmond St. W.
Enhanced by Zemanta


3 Comments

A New Urban Development in the Waterfront: Canary District Condominiums

Canary District Condominiums

A new urban development in the West Don Lands will be introduced as the Canary District.  It is located at Front and Cherry Streets in downtown Toronto.  The Canary District Condominiums is a single project (composed of four buildings) that will occupy a block out of the eight being developed in the district.  It is said that it will evolve into Toronto’s largest urban village as it will be modern and a pedestrian-friendly community.

The building’s exterior consists of stone, metal and glass while its interior is furnished with hardwood and engineered floors throughout (utilizing locally-sourced materials); kitchens feature ceramic porcelain backsplashes, built-in and concealed kitchen appliances and European-style kitchen range hoods; spa inspired bathrooms where a choice of marble or porcelain full height wall tiles in tub/shower enclosure and a custom designed vanity with quartz vanity top.Canary District Condominiums will have 369 residential units of townhouses and lofts pricing at the low $200’s consisting of a privately raised courtyard, accessible from the second to the mezzanine.  Just because you live in a condo doesn’t mean you have to go to the park or gather at someone else’s home.  An outdoor barbeque and dining area is conveniently located within the building!  Other amenities include a billiards room, party room and 24 hour concierge while an 18-acre Don River Park, upcoming YMCA, George Brown residences, upscale retail, dining, sports, art and culture are minutes away!

In the North/West Block
Studio plans start at  $232,900
1 bedroom units start at $271,900
1 bedroom plus den suites will start $273,900
2 bedroom start at  $404,900
2 bedroom plus den/media room will start from $439,900

Lay down some roots and be a part of this new community as the Toronto Waterfront may be the new place to be.  A celebration of life and nature, family and community.  It is estimated to be completed by 2015.

Similar MLS listings in Downtown Toronto

Search like a Realtor using our VIP Home Search Tool   (See all available listings, even the hidden ones)

Buying, Selling or Investing in Real Estate? Ask Kirby Chan any questions that you may have. Fill in the form below or text your question to 416-305-8008.


Wondering what your home or condo unit is worth? Contact Me, Just Click Here or call me directly at (416) 305-8008.


9 Comments

58 Marine Parade Dr #318, Toronto M8V4G1 MLS# W2464195

58 Marine Parade for sale

W2464195 – Featuring another great unit for sale at 58 Marine Parade Drive #318.

Convienant location that is steps to the lake, park, bike paths, trails, downtown Toronto, TTC transit, shopping and the QEW.

This is a one bedroom unit at approximately 600 square feet. It has a sunny west exposure with stunning lake views.

Upgraded with stainless steel appliances, granite counters, laminate floors through-out, 9-foot ceilings and a large balcony with 2 walk-outs. Includes 1 parking space.

Amenities include: indoor pool, gym, exercise room, guest suites, theatre, party room, business centre, 24-hour conceirge, security system, car wash and visitor’s parking.

 

Similar 1+ Bedroom Condo Listings in Stonegate-Queensway  
Similar 2+ Bedroom Condo Listings in Stonegate-Queensway   

(See all available listings, even the hidden ones)

 


2 Comments

58 Marine Parade Drive #1210 For Sale – Downtown Toronto Condos

Explorer Condos by Monarch

58 Marine Parade Drive #1210 For Sale

MLS#W2424169

Located at 58 Marine Parade Drive, built by Monarch. This luxurious modern sub-penthouse is filled with upgrades. You will love living here! 2 Bedrooms and a den, perfect for a 2 to 4 person family.

Upgraded with marble floors, granite counter tops, pot lights, famous Cocoa Patisserie & Eden Trattoria on main floor, 2 frame-less glass showers. It has a built-in wood deck with approximately 200 square feet of breathtaking unobstructed views of Toronto skyline & Lake Ontario.

Located just steps from the TTC, Humber trails, parks and the Gardiner Express Way. Walk and run the Martin Goodman Trail.

Amenities include a pool, sauna, cinema, party room, games room, library w/ fireplace, guest suites, 24/7 security & more!

Includes: Stainless Steel frigidaire appliances (fridge, stove, built-in dishwasher, microwave), washer/dryer, 3 customized closet organizers, all light fixtures, window coverings, custom deck flooring, includes 1 parking & 1 locker.

 

Similar 1+ Bedroom Condo Listings in Mimico 

Similar 2+ Bedroom Condo Listings in Mimico  

(See all available listings, even the hidden ones)

Buying, Selling or Investing in Real Estate? Ask Kirby Chan any questions that you may have. Fill in the form below or text your question to 416-305-8008.

Wondering what your home or condo unit is worth? Use our Quick Home Market Evaluation or call me directly at (416) 305-8008.

 


Leave a comment

50 Brian Harrison Way #508 M1P5J4, Toronto – For Sale

50 Brian Harrison Way #508

50 Brian Harrison Way #508

MLS# E2390552

Luxury Monarch Condominium, conveniently located near Scarborough Town Centre, LRT and Highway 401.

This is a 1 bedroom plus a den unit with a west exposure. The den can be used as a second bedroom. Walk out to balcony from den. 24 hour concierge & security. Spotless unit shows like a model unit.

Amenities include elegant guest suites, fitness room with his and her change rooms, saunas, in-house theatre, billiard room, table tennis, indoor pool, virtual golf, car wash bay, move in and enjoy.

50 Brian Harrison Way #508 - Kitchen

50 Brian Harrison Way #508 – Kitchen

50 Brian Harrison Way #508 Kirby Chan Living

50 Brian Harrison Way #508 Kirby Chan Living

 

Similar 1+ Bedroom Condo Listings in Bendale  
Similar 2+ Bedroom Condo Listings in Bendale    

(See all available listings, even the hidden ones)


Leave a comment

Off The Market! 14 Nootka Crescent, Toronto M2H 2X7

 

Nootka Crescent is located in a quiet L’Amoreaux neighbourhood.

Nootka Crescent is conveniently located close to Highway 404 and Highway 401, easy access to public transit, schools, supermarkets, a shopping mall, restaurants and parks, to name a few.

Please contact me to book an appointment to see homes for sale on Nootka Crescent and in the surrounding area.

Similar MLS listings in North York 

Search like a Realtor using our VIP Home Search Tool (Register to see all available listings, even the hidden ones)

Buying, Selling or Investing in Real Estate? Ask Kirby Chan any questions that you may have. Fill in the form below or text your question to 416-305-8008.


Wondering what your home or condo unit is worth? Contact Me, Just Click Here or call me directly at (416) 305-8008.