Waterview Condominiums
2119 & 2121 Lake Shore Blvd West, Toronto
Waterview Condominiums consist of four condominiums in the Humber Bay Waterfront by Monarch. It is located near the intersection of Park Lawn and Lake Shore Boulevard. 2 Glass towers rise above a four-storey podium with 13,000 square foot of recreational amenities including an indoor swimming pool / whirlpool, change rooms and saunas. The Breeze Club will also feature a well-equipped fitness centre with an aerobics area. There is a theatre, billiards room, meeting room, party room, cyber lounge with computer stations and three furnished guest suites. Other features include a 24-hour concierge service, a landscaped terrace with barbecue facilities, visitors parking and an underground car wash bay.
Premium south facing units have panoramic views of Lake Ontario.
Waterview Condo Prices
One Bedroom units start at $229,900 for sale and $1,350 for lease.
One Bedroom + Den units start at $249,900 for sale and $1,550 for lease.
Two Bedroom units start at $299,900 for sale and $1,700 for lease.
Two Bedroom + Den units start at $479,000 for sale and $2,500 for lease.
Please contact me to obtain the MLS listings or to view any of the units at Waterview Condos for sale or for lease.
(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.
Today I will be featuring one of my favourite condominium buildings in Downtown Toronto at Olde Yorkville Village. 10 Bellair Street is an upscale luxury condominium built in 2003 by Tridel and Brookfield. It is conveniently located right in the heart of Yorkville Village at the intersection of Yorkville Avenue and Bellair Street. 10 Bellair presents a most distinguished presence for those who appreciate the value of an extraordinary address. There are 26 stories plus two penthouse units that are two levels each. Units consist of studio, one, two and three bedrooms units up to 4000+ sq.ft. suites. The Bellair Club is a 2-storey 5-star fitness and spa centre which includes a landscaped sky garden terrace. Amenities include a “Bellair Club & Spa”, billiard room, Havan lounge, ballroom, 2 guest suites, golf simulator, glass pavilion, conference room, party room and complete exercise facilities featuring an indoor pool, sauna and gym. Residents and their guests may enjoy the recreational room and rooftop terrace with bbq’s. There is security and concierge services operating 24 hours a day. Executive concierge and valet parking. In my opinion, this is certainly one of the best condominiums in Toronto. It offers lavish suites with superb amenities in a convenient location. 10 Bellair Condo Prices It is selling at approximately $840 / sq.ft. A 1,200 unit is selling for $1,000,000 A 1,400 unit is selling for $1,176,000
(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.
On Mondays I will compile a power of sale list for Toronto. Power of sales are usually properties where the owner is not making mortgage payments and the financial institution is selling the property to recoup their money. Many of the properties are great for the first time home buyer and the handy man.
The following is a Market Report for 2008 and Outlook for 2009 for the Greater Toronto Area. It was prepared by Re/Max using TREB data. I agree with almost everything except for the part about house values remaining stable for 2008. Even though as a whole the average price of real estate in GTA has risen, the data has been wrongly interpreted. If you’ve read my previous post about luxury homes, you’ll see that luxury homes sales above $1.5 Million has been stronger than the rest of the market. The rise in average price of homes is a result of more sales in the higher price properties. I delved deeper into the data and looked at the average price in each segment. The result? Each segment has had a drop in price. Instead of a drop in sales and rise in prices, in reality it is a drop in sales and prices.
Please note this report was prepared before the layoffs at GM’s Oshawa plant. The rate of job growth may be on the negative side now.
Market Outlook Report for Greater Toronto Area
Stock market volatility and global economic concerns put the brakes on home-buying activity in the Greater Toronto Area in the second half of 2008. While demand for residential real estate was down from 2007 levels, buyers were in the driver’s seat for the first time in years. By year-end, an estimated 79,000 homes are expected to change hands, the lowest level seen since 2003. This represents a 15 per cent drop from the record-setting 93,193 units that were sold in 2007 when buyers rushed to move ahead of the Toronto Land Transfer tax. Housing values are expected to continue to hold steady with a two per cent increase to $384,000 forecast by year-end 2008. While supply was tight with minimal listings for the first half of 2008, inventory levels have increased steadily since July. During the final quarter of the year, supply levels ran about 30 per cent ahead of levels reported one year ago. Well-priced homes in traditional blue chip areas—Leaside, North Toronto, the Beach, John Ross Robertson, Lytton Park, High Park and Bloor West Village—still saw multiple offers, but they were more likely to be around asking range rather than the five and six figure sums over-asking seen in recent years. Choice product from Scarborough to Mississauga continues to sell. The average number of days a home remained on market in 2008 is 41, compared to 31 days in 2007. Sellers achieved 97 per cent of their list price. Thanks to favourable lending rates, first-time buyers, including those choosing to invest their savings in a tangible asset like a home, continued to play a role in local housing markets in 2008. Many attempted to maximize their buying dollars by looking to semi-detached properties in areas in close proximity to downtown such as Birchcliff Village, East York, the Junction, Dovercourt Village, Upper Beach and Leslieville. Young professionals also bought small condominiums in the heart of the downtown core. Demand for luxury properties priced over $1.5 million remained stable, with unit sales down approximately 17 per cent from 2007. Traditional strongholds such as Forest Hill, Hogg’s Hollow, Bridle Path, St. Andrews, and Lawrence Park experienceda noticeable decrease in sales activity, while perennial favourites Rosedale and the Kingsway held steady. Housing starts were up over last year by 33 per cent with the vast majority of new construction being condominium apartments. With uncertainty around the financial meltdown and the unemployment rate in Toronto forecast to rise, albeit moderately to 7.2 per cent, sales in all price ranges are forecast to further decrease in the first few months of 2009. Also expected to impact the market are builder speculators of new infill homes representing five-to-ten per cent of the market. With buyers clearly having the upper-hand, this group is choosing to sit on the sidelines rather than adjust prices. Labour market conditions for Toronto will remain tight through 2009. However, the rate of job growth remains above average for Ontario and is still on the plus side at one per cent. Additionally, Toronto’s $1.6 billion capital budget for infrastructure investment will facilitate spending while the softening Canadian dollar should have a positive impact on the area’s film industry. Population in the GTA is also expected to grow through migration by approximately
60,000 households. In 2009, quality and pricing will continue to play a huge factor in the Toronto real estate market. Sellers will need to make the necessary adjustments and price their homes accordingly if they intend to move. The average number of days a listing will be on market is expected to increase. This is due in part to greater supply and potential upper-end and moveup buyers with money in the financial markets choosing to sit on the fence while the stock markets sort themselves out. The market for 2009 will continue to favour buyers. Inventory levels are expected to increase over 2008 levels and the number of homes due to change hands is expected to moderate by five per cent to 75,000 units. The average selling price is forecast to decline by two per cent to $376,000.
I am a member of the Toronto Real Estate Board (TREB) www.torontomls.net. I use Rogers wireless service and use bell internet service at home. I use gmail, yahoo mail and hotmail. I have a PS3 from playstation and a wii from nintendo. I drive a Mercedes Benz B200 from mercedes-benz. I live in a detached house with four bedrooms and 4 bathrooms. My basement is unfinished. My wife and I renovated our kitchen last year. Other minor renovations were interior paint, light fixtures, cornice mouldings, built-in cabinetry in Laundry and wallpaper from farrow & ball and romo fabrics. Please vist http://decor8blog.com/ for great interior design ideas. I would like my website and blog to be as popular as http://www.topagent.com/ and http://blog.topagent.com/
Kirby 