Bound by Sherbourne, Queens Quay, Parliament and Lake Ontario, Bayside is yet another brand new neighbourhood being developed in our city. On Wednesday, Tridel and Hines released details of the first condominium to be built in the area.
Aqualina at Bayside Toronto was designed by Miami-based Arquitectonica out of their New York office. It will provide the new waterfront neighbourhood with 363 suites and, like other buildings in the area close to the water, will retain a lower height of only 13 storeys. Unit sizes will range from one bedroom and 560 square feet, up to three bedrooms and 2,100 square feet. The building is designed to be a series of stacked cubes with angled balconies to take the best advantage of the views the lake will provide. While all buildings in Bayside Toronto will be LEED Gold Certified, Hines is striving to have Aqualina certified LEED Platinum.
At only 1.7 km to Union Station, the future Bayside Toronto is closer to downtown than most people realize, and at 13 acres, it's a sizeable parcel. Throughout its development, 1,900 residences will be constructed on its blocks. A number of landscaped public parks, a water's-edge promenade, through-streets and light-rail transit will be just some of the new features of this long neglected area of the city. Over its various phases, Bayside Toronto is expected represent an investment of a total of approximately $1.1 billion.
Visit http://www.yippyhomes.com/aqualina-at-bayside-toronto.html to download floor plan, brochure and price list.
Address: 200 Queens Quay E.
Floors: 13
Total number of units: 363
Types of units: Range from one-bedroom to three-bedroom.
Unit sizes (in square feet): 560 to 2,100.
Ceiling heights: N/A
Starting prices for available units: low $300,000s
Developer: Tridel and Hines
1 bedroom units starts at $357k
2 bedroom units starts at $537k
9' Standard ceiling height
Tentative occupancy - Fall 2016
Parking - available for 1 bedroom plus den and larger at $45000
Deposit Structure
- 5% due on signing
- 5% due 120 days after signing
- 5% due 270 days after signing
- 5% due 450 days after signing
Welcome to KEVIN's GTA real estate blog. Your destination for getting the most updated real estate information in GTA.
Attention Buyers/Investors
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Wednesday, June 26, 2013
Tuesday, June 18, 2013
OAK KNOLL (Yonge Street & Bloomington Road)
Acorn Homes' newest signature community of luxury homes is set by a 100-acre greenbelt reserve. Phase one will include exceptionally finished homes on 38 ft. lots, and 28 ft. single homes with detached garages in the rear. As Oak Knoll grows, it will become an urban community surrounded by peace and quiet.
Ravine Lots Premiums range from 93k to 135k
Extra deep lots premiums with walk out basement from 25k to 32k
Deposit Structure - $20,000 with offer, $25,000 within sixty days
Visit http://www.yippyhomes.com/oak-knoll---yonge-street--bloomington-road.html
to download floor plans and price list.
Thursday, June 13, 2013
GTA Real Estate Newsletter - June 2013
Sales in May from the Toronto Real Estate Board, 10,182 homes sold, bringing the year total to 37,224. 43.15% of the annual sales occurred by May 31, so it appears that we will have over 86,000 sales by the end of 2013, making it a more active year than 2010 and 2012, (89,000 sales in 2011). The average selling price for May 2013 sales was $524,174, up by 5.4 per cent in comparison to $514,567 in May 2012, and the average sale price for the year rose to $521,418.
While demand for homes remains strong, there is a slight adjustment occurring, from a Sellers market to a Buyers market. A Sellers market exists when there are fewer homes available for sale than buyers. Prices rise steeply as buyers compete to buy a home. In a Buyers market there are several homes that they can buy and can negotiate at leisure to get the home that they like. However, well priced homes, within 5% of the market value will sell quickly and with multiple offers. (if a property is for sale longer than 18 days we know it is overpriced by at least 5%)
Prices are expected to continue to rise. With recent tightening of mortgage rules, rental properties will benefit as some individuals will continue to rent instead of buying. With low interest rates, it's a great time to buy an investment property or upgrade your personal residence.
While demand for homes remains strong, there is a slight adjustment occurring, from a Sellers market to a Buyers market. A Sellers market exists when there are fewer homes available for sale than buyers. Prices rise steeply as buyers compete to buy a home. In a Buyers market there are several homes that they can buy and can negotiate at leisure to get the home that they like. However, well priced homes, within 5% of the market value will sell quickly and with multiple offers. (if a property is for sale longer than 18 days we know it is overpriced by at least 5%)
Prices are expected to continue to rise. With recent tightening of mortgage rules, rental properties will benefit as some individuals will continue to rent instead of buying. With low interest rates, it's a great time to buy an investment property or upgrade your personal residence.
Tuesday, June 11, 2013
ArtHouse Condo (Markham Road & 16th Ave)
Located on Main Street near 16th Avenue in Markham, ArtHouse is home to artist-inspired amenities including an artist's studio, a digital arts centre and a culinary arts room. This is where you can hone your skills, or appreciate the skills of others. And there's always someone at the 24-hour concierge to show your creations to. This is where you can find your inspiration. So let the creativity flow.
Expected Occupancy - Dec 2015
One parking and HST included
Deposit Structure -
$2500 with Agreement
$2500 in ten days
Balance of 5% in 30 days
5% in 90 days
5% in 250 days
Luxury Finishes - 9 & 10' Ceilings, brush nickel hardware throughout, laminate floors throughout except tiled areas, 5.5" stepped base board and 2.75" trim, extended upper kitchen cabinets, glass tile backsplash, granite kitchen counter tops, stainless steel fridge, stove, dishwasher, microwave/range fan, caesar stone bathroom counter, 5' soaker tub, glass shower enclosure
Visit http://www.yippyhomes.com/arthouse-condo-markham-road--16th-ave.html
or email kevinyip@reatlyagent.com for more info.
to download price list and floor plans.
Monday, June 3, 2013
Jefferson Forest Final Phase (Yonge & Jefferson) Price list available!
Historically and geographically, Jefferson Forest is a large wooded area on the Oak Ridges Moraine, purchased by the York Region government and the Town of Richmond Hill in their collaborative commitment to protect, expand and enhance the region's significant natural resources.
This heavily wooded site forms part of the Jefferson Forest Environmentally Significant Area and is now designated by the Province as an Area of Natural and Scientific Interest to be preserved and held for future generations.
Set in one of Richmond Hill’s most luxurious locations, Jefferson Forest offers magnificent towns and single detached homes. This prestigious, established neighbourhood is close to the Summit Golf & Country Club, plus shopping centres and restaurants nearby.
Four builders - click link to go to builder website for floor plans
Fieldgate Homes
Arista Homes
Forest Hill Homes
Madison Homes
Visit http://www.yippyhomes.com/jefferson-forest-final-phase-yonge--jefferson.html
to see price list or email kevinyip@realtyagent.com
This heavily wooded site forms part of the Jefferson Forest Environmentally Significant Area and is now designated by the Province as an Area of Natural and Scientific Interest to be preserved and held for future generations.
Set in one of Richmond Hill’s most luxurious locations, Jefferson Forest offers magnificent towns and single detached homes. This prestigious, established neighbourhood is close to the Summit Golf & Country Club, plus shopping centres and restaurants nearby.
Four builders - click link to go to builder website for floor plans
Fieldgate Homes
Arista Homes
Forest Hill Homes
Madison Homes
Visit http://www.yippyhomes.com/jefferson-forest-final-phase-yonge--jefferson.html
to see price list or email kevinyip@realtyagent.com
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