Monthly Archives: September 2015

Month: September 2015 Central Toronto Condo Recent Reno Helps Forest Hill Suite Sell Over Asking

  616 Avenue Rd., No. 103, Toronto ASKING PRICE $989,800 SELLING PRICE $1,050,000 PREVIOUS SELLING PRICE $515,000 (2010) TAXES $3,897 (2014) DAYS ON THE MARKET 27 The Action: When listed, this three-bedroom-plus-solarium suite was the only available unit in an established mid-rise south of Upper Canada College. About two dozen showings were lined up over the space of a month, yielding two offers. It sold to the better bid of $60,200 over the list price. What They Got: In recent years, about $200,000 was spent improving the appearance of this third-floor suite, from smooth ceilings and hardwood floors in the

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Month: September 2015 Central Toronto Condo Sold – Corner Suite Has Views South, North and West

2-bedroom suite has 2 parking spaces, indoor pool, squash court Garden District 130 Carlton St. #608 (Carlton and Jarvis streets) Asking price: $849,000 Sold for: $830,000 Taxes: $6,416 (2012) Monthly fee: $1,756 Bedrooms: 2+1 Bathrooms: 3 Time on the market: 95 days A corner unit in Carlton on the Park, this suite has lake and city skyline views. It has south, north and west views and overlooks Allan Gardens, says listing agent David Oey. The suite offers more than 2,500 square feet of living space. It has a pantry and a bay window in the eat-in kitchen and crown moulding

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Month: September 2015 Central Toronto Condo Sold – Unobstructed City Views

Yorkville 50 Yorkville Ave. #4701 (Bay Street and Yorkville Avenue) Asking price: $5.498-million Sold for: $5-million Taxes: $28,210 (2013) Monthly fee: $2,255 Bedrooms: 2+1 Bathrooms: 3 Time on the market: 99 days In the Four Seasons Private Residences, this suite offers about 2,874 square feet of living space and unobstructed city views, says listing agent Chaim Talpalar. The suite features floor-to-ceiling windows throughout, direct elevator access, a rear service area and 10-foot ceilings. The foyer has a double closet, marble floors and a two-piece bathroom. A fireplace and crown mouldings are features of the living room. The dining room has

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Month: September 2015 Midtown Toronto Condo Attracts Downsizers At Yonge and Eglinton

  70 Roehampton Ave, No. 2415 ASKING PRICE $1,249,000 SELLING PRICE $1,240,000 TAXES $7,260 (2014) DAYS ON THE MARKET 37 The Action: In the south tower of the Republic, which encompasses the new North Toronto Collegiate Institute, this two-bedroom corner suite was listed at the same time as a two-bedroom-plus-den unit 100 square feet smaller across the hall. Though they offered a similar price per square foot, the smaller unit suited a younger crowd, while this one captivated downsizers and growing families. What They Got: Built less than five years ago within a contemporary, two-tower, LEED-certified complex, this 1,850-square-foot suite

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Month: September 2015 Downtown Toronto Condo – Size and View Help Move

110 Charles St. E., No. 3901, Toronto ASKING PRICE $999,900 SELLING PRICE $965,000 PREVIOUS SELLING PRICE $688,123 (2011) TAXES $5,318 (2014) DAYS ON THE MARKET 14 The Action: Early this summer, this two-bedroom-plus-den suite at X Condominiums was listed at the same time as a near-identical unit directly below that had an extra parking spot. Yet it logged nearly 30 showings and sold the same week as the one below did in July. What They Got: At the southeast corner of a 44-storey tower, this 1,451-square-foot unit is designed around an open entertaining space with hardwood floors, a cooking station

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Month: September 2015 TSX, Dow Continue Steep Losses On Jobs Data – CBC

  September 4, 2015 Stocks in Toronto and New York extended their losses on Friday, after jobs reports issued by both Canada and the U.S. failed to provide a definitive picture of the economy. At the end of the day, the TSX was down 118 points at 13,478. The main Toronto index is down 5.7 per cent in the past month, though it’s climbed back from the low of 12,705 it hit on Aug. 24. Similarly, the Dow composite index plunged 272 to 16,102, compounding a month of losses that have taken the index down 7.3 per cent in the

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Month: September 2015 10 Things To Know About Toronto Real Estate Agents

1. The first thing to understand about real estate agents is that very few work on salary. Most real estate agents are independent contractors who are paid a commission based on the number of homes they sell. The commission, paid from the sales proceeds, is usually split equally between the listing agent and the selling agent. Once the deal is closed, each of those agents usually has to pay a share to the broker who owns the office where he or she is affiliated. 2. Expect to sign a lot of paperwork. The paperwork will include the listing agreement and

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Month: September 2015 10 Ways to Avoid Falling for the Wrong Home

  Choosing the right home for you and your loved ones entails a lot of rational thinking and weighing of options. Aside from the price, there are other factors to consider, and the tips below will help you come up with the best decision. 1. Choose from what’s available or be willing to wait. Unless your need to buy a new house can’t be put on hold any longer, there is no deadline for buying one so if you feel that the available ones will not satisfy your need, you can wait for another home to come to market, expand

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Month: September 2015 4 Homeownership Myths, Real Estate Mental Traps To Avoid

Fear and anxiety are common when buying a home. After all, it’s a serious decision that comes with life-long responsibilities. However, it’s also not healthy to worry about things that you shouldn’t really be worrying about. Trulia listed these 4 homeownership myths and real estate mental traps that you should avoid so you don’t get stuck in real estate limbo: Assuming that buying is always better than renting Renting is not always “throwing money away” as what most of us are made to believe. The truth is, the decision to buy or rent should be based on several factors (along

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