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).

Wednesday, February 23, 2011

Liberty Central By the Lake - West Towner (King & Strachan)

Latest Condo release in the Liberty Village

It is 25 storey, 388 units, with retail units on bottom
deposit Structures:
5% on signing;
5% 90 days
5% 120 days;
5% 365 days;
5% on occupancy
 
Deadline is Monday March 7th at 4pm

Locker $1500, regular is $4000;
Assignment $3500;
one name change allowed within 10 days;
Floor premium $1000 per floor except from 11 to 12th it is $2000, after 12th floor it is again $1000 per floor.

Projected Occupancy: June 2015
Contact me for price list and floor plans.

Tuesday, February 22, 2011

Scenic Condo By Aspen Ridge (Leslie & Eglington)

Scenic on Eglinton is Aspen Ridge Homes' successful mid-rise condominium project now breaking ground above the verdant Wilket Creek Valley between Laird and Leslie. Featuring the flowing lines of Page + Steele / IBI Group's architecture, the buildings hug the ravine's contours. With only a few units remaining available in the first two phases, registrations are now being taken for the third tower, the tallest of the group, at the east end of the site.

One bedroom 590 sf from $250k
Deposit Structure
5% with Offer
5% in 90 days
5% in 13 Months
10% on Occupancy - projected Feb 2014

Maintenance $0.49/sq ft
Locker -$3000
One parking included for 1 bedrooms and larger
All suites 9' ceilings

Contact me for price list and floor plans

Tuesday, February 15, 2011

Carmelina Condo (Woodbine & Danforth)


Located near at Woodbine Ave./ Danforth Ave. 12 story boutique condo with 9' ceilings on units between 2nd-12th floor. Four stainless steel kitchen applicances, plus white stacked washer and dryer. Granite or quartz kitchencountertops and islands. Open concept custom-designed kitchen cabinets.


Occupancy date Jun 2013

The Deposit structures is $2,000 with offer, 5% in 30 days, 5% in 90 days, 5% in 180 days, 10% on Occupancy.

Parking price $25,000, Lock $3,500, Floor premium $3,000,

Maintenance fees $0.41 per sq.ft. including heating, AC, water, insurance, and use of common elements. One year free common expense fees (payable as cash back credit upon final closing).

Pls note: suites at price $250,000 and under do not have the ability to purchase parking.


Contact me kevinyip@realtyagent.com for complete price list and floor plans.

Monday, February 14, 2011

VIP Event for ONE BLOOR New Release of City Suites (4-5 Floor)


685 sq ft North facing - mid 400k
Deposit Structure
$10k with signing agreement
5% in 30 days
5% in 180 days
5% in 360 days
5% in 730 days
1 % occupancy

$55k for parking, $5k for locker
Occupancy - December 2014

Contact me for full price list and floor plans.

Saturday, February 12, 2011

Uptown Markham by Times Group (Warden & Hwy 7)

UPTOWN MARKHAM will include almost 50 acres of spectacular green space winding through the Rouge River Valley lands. Soon you could be living in the heart of Markham, at the doorstep of beautiful Unionville, with immediate access to all transport services and arteries.

Register by emailing me at kevinyip@realtyagent.com to be on the VIP list for this project.

Tuesday, February 8, 2011

Real Estate Topic: Guide to Buying Your Home

Real Estate Topic: Guide to Buying Your Home


Step 1 : Make Sure You’re Ready to Buy
If you’re thinking of buying a home, this 12-step plan will help to guide you in the right direction. But before we jump right in, you have to make sure three things are ready: you, your bank account, and the real estate market.

Are you ready? Be sure.
Owning the roof over your head will bring you great pride, but with that pride comes accountability and sacrifice. There’s the obvious financial responsibility, but your home will also require constant care and upkeep. That’s what real pride of ownership is all about.

Is your bank account ready? Check it twice.

Your first home will be the biggest financial obligation you’ve ever faced. You should already be an experienced saver, and good at managing debt like student loans or credit cards. Ideally, you’ve also saved up some money for a nice down payment. Talk to your financial institution about the Home Buyers Plan too. Our next step will give you a crystal clear picture about how much you can afford.

Is now a good time to buy? Here’s the hottest market tip you’ll ever get.

Markets go up, markets go down and even the smartest experts can’t accurately predict when a market will peak or bottom out. The good news is, if you’re buying a home as a long-term investment (and for long-term enjoyment), you’re protected from short-term changes in the market. Over time, real estate has almost always increased in value.

All you have to do is pick a home that meets the needs of you and your family. Then you’ll enjoy living in your investment as it grows in value. A home is one of the best financial decisions you can make, so make sure you think things through.

Step 2: Figure Out How Much You Can Afford

Before you start looking for your dream home, let’s find out how big you can dream. Knowing your true budget is the first and most important step in buying a home. Why?

A home is a big purchase.

It’s probably the most expensive thing you’ll ever buy, and there are lots of expenses you might not even know about. Everybody’s total costs are different, but it’s almost guaranteed you won’t have that much money saved up. Hopefully you have enough for a nice down payment. Here’s the reality in detail:

Cost of buying a home = One time costs (down payment, legal fees, inspection fees, taxes)
Monthly costs (mortgage, utilities, maintenance, insurance, property taxes)

How much will a bank lend you?

Well that depends on how much you can afford each month. This is determined using two lending principals.

The first lending principle is that your monthly housing cost should not exceed 32% of your gross monthly family income. This principle is known as the Gross Debt Service (GDS) ratio calculation.

The second lending principle used, the Total Debt Service (TDS ) ratio calculation, is that your monthly housing cost and payments on all of your other debts (including loans, credit card and lease payments) should not exceed 40% of your gross monthly income.

Monday, February 7, 2011

Real Estate Newsletter

Real Estate News:


Greater Toronto REALTORS® reported 4,337 transactions through the TorontoMLS® system in January 2011. This result was 13 per cent lower than the record result reported in January 2010.

"While off the record pace experienced a year ago, the GTA resale market has started the year on a solid footing. Home buyers in Toronto and surrounding areas continue to benefit from a diversity of housing types for sale at many different price points," said TREB President Bill Johnston.

The average selling price for January 2011 sales was $427,037, representing an increase of over four per cent compared to the average of $409,058 reported in January 2010.

"The average selling price is expected to grow at a moderate pace in 2011. Growth rates in the three to five per cent range will be sustainable from an affordability perspective," said Jason Mercer, TREB's Senior Manager of Market Analysis.

MEDIAN PRICE

In January, the median price was $360,000, from the $350,000 recorded during January of 2010.

Source: Treb

Thursday, February 3, 2011

Aristo at AvonShire By Tridel (Yonge & Sheppard, North York)


New development from Tridel at Heart of North York. Presenting Aristo at AvonShire at Yonge & Sheppard. 21 Stories, modern design.

VIP incentives - Contact me at kevinyip@realtyagent.com for price list and floor plans.
Free Locker
$3000 discount for Studio & 1 Bedroom
$5000 discount for 2 bedrooms

Deposit Structure
5% due on signing
5% due 90 days after signing
5% due 180 days after signing
10 % due on occupancy

Tenative occupancy date: early 2014

Wednesday, February 2, 2011

The Fountain Condo Phase 3 (Bathurst & Center)

Last phase of the Fountain Condo project (2nd high rise building) will start selling on February 7 for VIP agents only. Contact me for price list, floor plans and complete packages.
Here are some of the prices -

Studio 415 Sq. Ft. from $ 179 000
One bedroom 500 Sq. Ft from $ 220 000
One bedroom + Den 585 Sq. Ft from $ 249 000
Two bedrooms 800 Sq Ft. from $337 000