Monthly Archives: May 2016

Month: May 2016 New homes prices in Toronto continue to push past $1 million

  Toronto-area builders say they are simply running out of low-rise homes to sell. While much of the focus in the country’s largest housing market has been on existing home sales, which saw a 16.2 per cent year-over-year increase in prices in April, new home values continue to show no sign of slowing down. This is especially true in the low-rise sector where supply is at an all-time low, the Building and Land Industry Association said Tuesday. The number of new detached, semi-detached and townhomes available for purchase in builders’ inventory in the Greater Toronto Area was 2,751 on April

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Month: May 2016 CMHC expects home building to slow, but prices to keep rising in 2016

  Sales activity in both the existing and new home market is expected to slow down for the rest of this year in 2016 and into 2017, but price increases will continue, according to Canada Mortgage and Housing Corp. The Crown corporation, which advises the government on housing, says new home construction will range from 181,300 to 192,300 this year after recording 195,535 starts in 2015. By 2017, the range of new-homes construction will drop even further to 172,600 to 183,000. On the existing homes front, sales could drop as low as 501,700 this year after a record 505,673 sales

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Month: May 2016 296 Russell Hill Rd, Toronto, Casa Loma, C02, For Sale – List Price $4,890,000

  296 Russell Hill Rd, Toronto List Price: $4,890,000 Toronto, C02, Casa Loma Dir/Cross St: Avenue Rd / St Clair Ave W   Detached, 2-Storey Lot: 50 x 178 Feet Bedrooms: 4 + 2 Washrooms: 6 Garage: Built-In / 2 Park Spaces: 6 Taxes: $26,712.39 / 2015   Description: Prime Location Luxury Forest Hill Masterpiece Built In 2000. State Of The Art Finishes With Exceptional Craftsmanship. Throughout. Minutes Walk To Bishop Stachan & Ucc Schools. 1/2 Mil Dollars Innovation And Upgrades In Recent Year. Best Scenic Garden On The Street. Heated Driveway And Walk. 6,500 Sqft Living Area On A

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Month: May 2016 Real estate agents believe more foreign buyers snapping up luxury properties – survey

  About a quarter of real estate advisors across Canada suspect that at least 25 per cent of luxury properties in their market have been snapped up by foreign buyers, according to a new survey. While some real-estate observers have levelled blame for this country’s hot housing market at an influx of foreign cash, there are no national statistics that track foreign ownership figures. Nearly a quarter of real estate advisors believe that 25 per cent or more of the luxury properties in their area were purchased by foreign buyers, and 60 per cent anticipate an increase in foreign buyer

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Month: May 2016 Toronto saw big growth in luxury real estate market in 2015

    Toronto saw a big spike in growth in its luxury real estate market in 2015, according to a new report released by Christie’s International Real Estate today. In a news release issued Thursday, Christie’s Canadian affiliate Chestnut Park Real Estate, said Auckland, New Zealand took the top spot for most growth in luxury real estate with a 64 per cent increase, followed by Toronto, which saw a 48 per cent increase from 2014 to 2015. While the definition of luxury real estate is not consistent among each of the 100 markets surveyed worldwide, Toronto defines homes worth $3

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Month: May 2016 210 Richview Ave, Toronto, Forest Hill South, C03, For Sale – List Price $1,890,000 SOLD

210 Richview Ave, Toronto, Forest Hill South, C03, has been SOLD       210 Richview Ave, Toronto        List Price: $1,890,000 Toronto, C03, Forest Hill South Dir/Cross St: Bathurst & Ardmore   Detached 2-Storey Lot: 40 x 128 Feet Bedrooms: 4 Washrooms: 4 Garage: None Park Spcs: 4 Taxes: $11,010.96 /2016   Description: Charming Family Home In Prime Forest Hill! Updated W Lots Of Original Character. Hdwd Floors Throughout. Main Floor Powder Room, Office & Laundry Room W Chute From 2nd Floor. Wood Burning F/P. Fabulous O/C Kitchen/Dining/Family Room W W/I Pantry & W/O To Fenced, Landscaped

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Month: May 2016 16 Delavan Ave, Toronto, Forest Hill South, C03, For Sale – List Price $6,688,000

  16 Delavan Ave, Toronto Ontario         List Price: $6,688,000 Toronto, C03, Forest Hill South Dir/Cross St:Spadina/Eglinton   Detached 2-Storey Lot: 50 x 166.13 Feet Bedrooms: 5 + 1 Washrooms: 6 Apx Sqft: 5000+ Apx Age: 6-15 Yrs Taxes: $28,700.00 /2015     Description: A Magnificent Residence On Premium 50′ X 170′ Lot In Sought After Forest Hill. Stunning Setting, Outstanding Decor, Finest Finish, Well Crafted. Marble & Hardwood Floor Throughout, Granite Counter Tops, Custom Cabinetry, Top Brand Appliances, Wine Cellar, Smart Home System, 2 Laundry Rooms, Gym, Nanny Suite, Skylights, Gated In-Ground Pool & Cabana, Landscaped

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Month: May 2016 90 Lonsdale Rd, Toronto, Yonge-St. Clair, C02, For Sale – List Price $2,100,000

  90 Lonsdale Rd, Toronto        List Price: $2,100,000 Toronto, C02, Yonge-St. Clair Dir/Cross St: Avenue Road And Lonsdale Road   Detached 2-Storey Lot: 21 x 109 Feet Bedrooms: 3 + 2 Washrooms: 4 Taxes: $5,720.00 /2015 Apx Sqft: 1500-2000   Description: Fabulously Reno’d (2013) Family Home In Prestigious Deer Park. $$$ Spent On New Hvac, Roof, Windows, Doors, Floors, Kitchen, Baths, Bsmt, List Goes On. Shows A++ With Warm & Classic Decor. Gourmet Kitchen W/ Matching Kitchen Aid S.S. Appliances, Built-Ins Thruout For Amazing Storage, Rear Mudroom Walks Out To Private Deck W/Gas Bbq Hookup, Pvt Parking

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