Attention Buyers/Investors

Be among the very FIRST to preview and PURCHASE a pre-construction condo before it is open to the general public!! Email me - kevinyip@realtyagent.com to join my email distribution list for VIP access to many new real estate developments in GTA (Toronto, Markham, Richmond Hill etc).

Tuesday, November 9, 2010

Canterbury Townhomes at Lawrence Park (Lawrence & Bayview)

Presenting Canterbury Lawrence Park – a fine collection of Townhomes, graced with magnificent architecture and opulent finishes in the heart of Toronto’s exclusive Bayview and Lawrence Park neighbourhood. The Blythwood Ravine nourishes this beautiful landscape, endowing it with rare natural beauty. TownHouses range in price from $700,000 to $1,000,000.

Contact me for pricelist and floorplans

Saturday, November 6, 2010

Real Estate Newsletter

Real Estate News:


Greater Toronto REALTORS® reported 6,681 sales through the Multiple Listing Service® (MLS®) in October 2010. This represented a 21 per cent decrease compared to the 8,476 sales recorded in October 2009. Through the first ten months of the year, sales amounted to 75,582 – up one per cent compared to the January through October period in 2009.

"The annual change in sales and average selling prices has been quite uniform across the GTA and by property type as the market has balanced out from record levels of sales in the second half of 2009 and first few months of 2010," said Toronto Real Estate Board (TREB) President Bill Johnston.

"The composition of GTA home sales does differ depending on location. Condominium apartments accounted for 42 per cent of total sales in the City of Toronto and almost 60 per cent of sales in TREB's central districts," Johnston continued. "In regions surrounding the City of Toronto, in contrast, low rise home types accounted for almost 90 per cent of transactions."

The average price for October transactions was $443,729 – up five per cent compared to the average of $423,559 reported in October 2009. The average selling price through the first nine months of the year was $430,802.

"The average selling price in the GTA has continued to grow relative to 2009 because home ownership has remained affordable," said Jason Mercer, the Toronto Real Estate Board's Senior Manager of Market Analysis. "A household earning the average income in the GTA can comfortably afford the mortgage payments associated with the purchase of an average priced home."

"The outlook for mortgage rates and income growth over the next year is favorable. The average home selling price could increase moderately next year and remain affordable for the average GTA household," continued Mercer.

MEDIAN PRICE
In October, the median price was $366,000, from the $357,000 recorded during October of 2009.

Real Estate Topic: Home Preparation Checklist

Inside Your Home
Floor Coverings (carpeting, tile, linoleum, hardwood, etc.)
o Dirt or stains?
o Excessive wear or damage?
o Area rugs clean and stain-free?

Walls and Ceilings
o Dirt, fingerprints or other stains?
o Nail cracks or tape residue?
o Cracks, chips, water damage?
o Need for repainting or new wallpaper?
o Neutral, light colours for roomy environment?

Thursday, November 4, 2010

The Fountain Condo in Thornhill (Bathurst & Centre)



Joyous lifestyle begins with a lavish suite at The Fountains, conveniently located at Centre Street and Bathurst in the heart of Thornhill's newest community. Here, surrounded by shopping, restaurants, theatre, public transportation and recreation, you'll discover the epitome of luxury living at Thornhill City Centre.

Deposit Structure:
•$5,000 with Offer
•5% less $5,000 in 30 Days
•5% in 120 Days
•5% in 360 Days
•10% Due on Occupancy

Suite Features:
•9' Ceilings
•Granite kitchen countertops
•European-style kitchen cabinets
•Stainless kitchen appliances
•Laminate flooring in foyer, kitchen, livingroom, dining room and den (if applicable)
•Choice of 50 oz. carpet or laminiate in bedroom
•Marble countertop in bathroom
Parking spot is included in the purchase price
Monthly maintenance fee estimated at $0.48 per sq. ft., plus Hydro
Tentative occupancy: September 2013

Contact me for price list and floor plans