Boutique Lower Penthouse- Spectacular Unobstructed South West Views of Skyline and Toronto Waterfront!

May 11, 2012-Just Listed! 126 Simcoe Street, Suite #3103- OPEN HOUSE-SATURDAY, May 12 2:00-4:00- Unbelieveable panoramic views! Split two bedroom plan with two bathrooms, Cecconi Simone Interiors, wraparound glass balcony, floor to ceiling windows, upgraded hardwood and marble floors, stone counters, floating bathroom vanities, KitchenAid and LG stainless steel appliances, custom window coverings, parking, and locker. 24 hour concierge, rooftop Sky Lounge, fitness centre, business centre, guest suites, and visitor parking. Steps to subway, Financial District, TIFF Lightbox, AGO, Four Seasons Opera Centre, and Roy Thomson Hall. Downtown Living at its best! Offered for sale at $585,000. For more info: call Andrea Stark 416-489-2121 or visit www.TOrealestate.ca

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Toronto Remains Blessed! Real Estate Spring Statistics Are In!

May 6th, 2012-Prices continue upward here in Toronto, with the average sale price up another 8.5% from this time last year. Mortgage rates are still low and, while they are not expected to rise much this year, lenders are getting stickier on lending, especially to self-employed individuals. Low inventory has helped keep demand, (and subsequently prices), high. We shall see if the recent increase in inventory affects the strength in terms of price. I am seeing more greedy sellers upping their list price after an initial debut in the marketplace: always a poorly thought-out move, in my opinion. Let’s just count our blessings, Toronto! Don’t get too greedy! Read the entire Toronto Real Estate Board Market Watch Report.

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Make a statement! Vote Today For The Toronto Architecture You Love & Hate!

May 3rd, 2012- I love that we can critique our public architecture in Toronto.
Voting is Now Open for the Anual Pug Awards- Power to the People.
The annual Pug Awards debuted in 2004 and celebrate the best in Toronto architecture and planning. Founded by Anna Simone, principal of design firm Cecconi Simone, and Gary Berman, president of real estate financier Tricon Capital Group, the awards invite the public to vote on the best, the middling and worst of Toronto’s newest real estate developments. The goal is to inform the public about design excellence and ultimately contribute to the growth and prosperity of Toronto.

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Best Toronto Neighbourhoods: Review the Top Toronto Elementary Schools

April 27, 2012-Surprise! Surprise! I was pleasantly surprised to see that my son’s school, Owen Public School, has an improved ranking and other schools, like John Wanless, Armour Heights, Allenby, and Jackman are ranked lower, (but all good schools!) John Ross Robertson, Cedarvale, and Bedford Park have all improved their rankings. Check out The Fraser Institute’s School Report Card of the top 126 Toronto Elementary Schools.

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Time To Downsize! Toronto Real Estate Statistics Continue to Point To Seller’s Market

April 5th, 2012- Hot! Hot! Hot! Low inventory is still driving prices up. The average selling price of properties in Toronto is up a further 10.5% from this time last year. Low interest rates and consumer confidence are keeping the Toronto real estate market strong. Read the Toronto Real Estate Board’s full statistical Market Watch Report, released yesterday.

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Toronto Real Estate Market Defies Naysayers!

March 5th, 2012- There has been such little inventory for so long a period which has helped to sustain a seller’s market. But many more properties have been coming onto the market in the past two weeks. If the supply continues to grow, we will likely see a more balanced marketplace. Property values should stay strong but it will be easier to find a property to purchase, with fewer feeding frenzies. That’s my take on the market in my twentieth year selling homes in this City. Review the Toronto Real Estate Board’s February Market Watch Report for yourself.

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Now Is The Time To Sell

February 3rd, 2012- January stats show that sales are up 8.8% from this time last year. The average selling price is also up nearly 9% from January 2011. For instance, the average sale price for a detached home in C02 is now $1,080,000 and $1,112,518 in C04. Read all the details in TREB’s Market Watch Report, hot off the presses. Inventory is a little better, but demand is still high for homes all over the GTA. And with mortgage rates so attractive, buying makes good sense.

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Strong Toronto Real Estate Market Continues!

January 17th, 2012- Don’t want to jinx things by boasting about the fabulous health of our Toronto real estate market, so just review the numbers for yourself.

We know our City is not really an island unto itself, of course, and international negatives may affect us eventually. But, as it stands, Toronto is the place the world wants to buy into. Read the full Toronto Real Estate Board Market Watch Report and count yourself lucky if you own property in our great city!

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Toronto Home Sales Remain Brisk

December 14, 2011- The number of home sales are up 11% since this time last year. While there is better inventory of homes, there is still little availability of good product in high demand areas, so multiple offers continue.

Mortgage rates remain incredibly low, so investing in real estate in Toronto, especially for one’s primary residence, remains ideal.

Those who are contemplating downsizing, this is an excellent time to capitalize your home’s value. Read the full Toronto Real Estate Board Market Watch Report.

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Pace of Toronto Home Sales Remains Brisk!

  November 7, 2011- The Toronto Real Estate Board’s Market Watch Report is out and confirms the continued strength of the Toronto market. In the past year, the number of unit sales are up. Prices keep rising. For instance, in the central C04 district, the average year-to-date price, (all home types), has increased by 14.9% in the last year!

It remains an ideal time to sell, even in November, as frustrated buyers try to find homes. Buyers are still benefitting from historicallly low interest rates and the knowledge that investing in one’s property is a safer bet than the stock market. Read the full report.

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