101 Erskine ( Yonge & Eglington)

Tridel now introduces 101 Erskine. This smartly tailored 32 storey glass condo residence with a contrasting tonal profile Views is strategically tucked away, mere steps from the energy of midtown Yonge and Eglinton in Toronto. Yet this venerable neighbourhood is also just moments from the subway, prestigious shops and superb dining.


9' Ceilings
Parking $45000


Deposit Structure
5% due on signing
5% due 90 days
5% due 180 days
5% due 270 days


Tentative occupancy - Summer 2015


Studio starts at $254 000
1 Bedroom at $289 000
2 Bedrooms at $477 000


Contact me for price list and floor plans. 

New Mortgage Rules from Government of Canada

The Government of Canada announced today that it was tightening mortgage insurance rules

for the fourth time in four years. In total, four new measures were announced for new government-backed

insured mortgages.

1.       The maximum amortization period was lowered from 30 years to 25 years.

2.       The maximum amount that Canadians can borrow when refinancing their homes was lowered to 80% from 85% of the value of their homes.

3.       Households are now being constrained to a maximum gross debt service ratio and maximum total debt service ratios of 39% and 44%, respectively.

4.       Government-backed insured mortgages will now be only available on homes with a purchase price of less than $1 million.

These new rules will take effect on July 9, 2012.

Uptown Markham RiverWalk East (Warden & Hwy 7)

River Walk East - Uptown Markham 

"River Walk” is phase 2 of Uptown Markham, a unique residential community at Hwy 7 & Warden featuring mid and

high rise condos set in the Rouge River Valley. It will be surrounded by almost 50 acres of natural and landscaped

parkland, bike trails and of course the river.  River Walk will have quick access to Highway 7, which is currently being

re-developed into a European style Boulevard with tree-lined Esplanades and pedestrian sidewalks.  

Uptown Markham programs to have ready, prior to completion of the 1st residential phase, a great European style

Commercial Plaza comprising of 120,000 square feet of shops, services, supermarkets and other retail facilities,

as well as endless resort style amenities to promote a balanced lifestyle.

You can take advantage of a spacious pool, his and hers sauna, a state of- the- art exercise facility,

a party room, a yoga/tai chi room, an indoor/outdoor 

Toddlers Play Centre and a library /study centre.

Available suite prices start at $236,000. 

80% of suites are 1B and 1B+ and 20% are 2B from about 500 to 1,000 sf. 

Contact me for Price list and floor plans

FAD Condo ( Richmond & Spadina)

Introducing FAD Condos, located at 170 Spadina Ave. Presented by Tri-win International, FAD will be a contemporary tower that will add some cool yet respectful architecture to the corner of Spadina and Queen Street West. Designed by Wallman Architects, FAD Condos will do something we love: take a small pocket of underused land and transform it into something of which the city can be proud.
FAD, named after the Fashion District in which it is located, will rise 19 storeys on what was once a low-rise commercial building. The project will include 210 units, with just 44 parking spots in an underground garage. The big question right away is, “Why only 44 parking spots?”, but based on the demographics of condo purchasers in the downtown core, limited parking isn’t that surprising, especially when the residence sits on two major transit lines (like FAD).


Contact me for price list and floor plans. 

Keys to Selling your Home

Keys to Selling Your Home

1. Price your home aggressively. When mortgage rates are low and buyers are chasing too few houses for sale, sellers can ask high prices and get them. Even when houses are overpriced for the market, sellers are likely to receive some offers, as buyers are often desperate to find a home that meets their needs. When things are slow, pricing is absolutely critical. But instead of pricing your home aggressively high, you should consider pricing your home no higher than the middle of the range for homes comparable to yours. And if you need to sell your home quickly, you should consider pricing your home among in the bottom 25 percent of comparable homes. Why? With few buyers chasing many homes, you need to quickly get the attention of those who are serious about buying, If your home is priced too high, you many never get buyers to even consider looking at your home.
2. Curb appeal. After pricing, nothing will bring more potential buyers into your home than a house with outstanding curb appeal. Take a walk down your street with a critical eye. How does your home stack up from the outside? If it doesn’t stand out from the rest then it’s time to get to work.
3. Consider home staging. The quickest way to add home value to a home for sale is a fresh coat of paint. But after you do that, you may want to consider home staging. Either do it yourself or hire an outside firm to do so. A home staging professional will come in and take away some furnishings and rearrange others to make your home show better. When home sales were going gangbusters this was a technique used mostly by those selling high-end homes. When things get slow and homeowners need to sell, more people find home staging professionals to help them prepare their home to make it more appealing to prospective buyers.
4. Fix stuff. The loose railing. The broken pane of glass. The closet door off of its track. The leaky faucet. They all need fixing. If you don’t have the time or skill, find a handyman to go through your home and make repairs. Also, consider replacing the old roof that looks like it might leak, the antique furnace, and the stained rug. When there are few homes on the market, sellers sometimes offer cash at closing to repair the roof or for the stained rug. With so many homes on the market, buyers can afford to only bid on those that are in move-in condition. Fix what needs repair before listing your house.
5. Offer flexible terms. Flexibility is the key now. You’d like to close in two months, but the buyers might be in a hurry and need to close sooner. Find a way to make it happen. You were planning to take the appliances to your new home, but the buyers make a bid near the asking price – including the appliances. Leave the washer and dryer behind (and then go find a store that offers no payments on appliance purchases for a year). And for those items that have deep sentimental value, make sure they are removed prior to any showings. Competition between home sellers is high – you don’t want to lose the only buyer who has looked at your home in a month.

E Condo ( Yonge & Eglington)

Here are some highlights on the E condo:

 

There will be two towers;

South tower - Address will be 8 Eglinton Avenue East, 64 storey, may go up to 66 storey,12 per floor,

North tower - 15 Roehampton Avenue, it will be 38 storey, may increase to 40, 9 Suites per floor.

 

North tower and south tower WILL NOT block each other.

 

Both tower - direct access to Subway; 9 foot ceiling

capped levy $5000 for one bedroom or under; $7000 for two bedroom or larger;

 

Assignment fee: $5000;

HST Included.

 

Deposit structure: total 25% over Two Years

$10,000 on signing;

balance of 5% due on 30 days;

5% due on 90 days;

5% due on 270 days;

5% due on 540 days;

5% due on 720 days.

 

Price roughly at $630-675PSF; VIP Price will be released on Monday June 4, signing on June 6 and 7.

 

Due to the design and size, there will be lots of units around $300,000 range.

 

Parking - only available to units larger than 739SF;

 

For North Tower 6-12 floor, there will be 9 units, with 4 units of one bedroom, one suite of One bedroom + Den, Four Suites of 2 bedrooms.

For North Tower above 12th floor, there will be 5 units only.

 

All suites have  9 feet ceiling, both towers have its own separate facilities;

Swimming pool will be at 31 floor at both tower, can see through the outside

Contact me for floor plans and price list

How to Set a List Price for Your Home?

How to Set a List Price for Your Home?

Setting the list price for your home involves evaluating various market conditions and financial factors. During this phase of the home selling process, your REALTOR^® will help you set your list price based on:

• pricing considerations
• comparable sales
• market conditions
• estimated net proceeds

Pricing Considerations – Find a Balance Between Too High and Too Low

When setting a list price for your home, you should be aware of a buyer’s frame of mind. Consider the following pricing factors:

If you set the price too high, your house won’t be picked for viewing, even though it may be much nicer than other homes on the street. You may have told your REALTOR^® to "Bring me any offer. Frankly, I’d take less." But compared to other houses for sale, your home simply looks too expensive to be considered.

If you price too low, you'll short-change yourself. Your house will sell promptly, yes, but you may make less on the sale than if you had set a higher price and waited for a buyer who was willing to pay it.

Price Against Comparable Sales in Your Neighborhood

No matter how attractive and polished your house, buyers will be comparing its price with everything else on the market.