VIP Price for Ventus 2 at Metro Park (Kennedy & 401)

Tridel has been very successful in creating a condo community with a top of the line quality and facility. This  is another which is part of a 7 building community with townhouses and retail shops including restaurants and grocery stores. Location is just off Kennedy and 401. Future TTC Go station and Subway(LRT).

Contact me for price and floor plans.

VIP price for CHAZ on Charles (Yonge & Bloor)

NEW Uniquely styled Condo in the Bloor and Yonge neighborhood.

Chaz is urban smarts in perfect alignment with style. It is fine living fused with a location just steps away from both Yonge and Bloor subway lines that puts you in the center of Toronto's most prestigious urban neighborhood. A quiet, tree-lined street, mere moments from the excitement of Canada's largest city.

It is at the heart of a retail Mecca, where the worlds's finest brands are showcased in stores that set the international standard for opulence and luxary.

Tentative occupancy Oct 2013
Contact me for price list and floor plans.

Edge Condo at Triangle Park (Queen & Dovencourt)

New project called “Edge on Triangle Park” by Plazacorp (experienced builder behind King West Village condos), and Urbancorp. Located at Queen St W and Dovercourt Rd in the vibrant Art and Design district, Edge condo features a unique, first-of-its-kind design concept not found anywhere else in Toronto.

1. Features
•Edge condo is located in the West Queen St West area (also known as the Art and Design district) which features local art galleries, antique stores, and bars, as well as the Drake Hotel and Trinity Bellwoods Park.

•Stacked design unique to this project, allowing for wall-to-wall windows overlooking courtyard and with views of Queen West/CN Tower

•Contemporary interiors including European design cabinetry in kitchen/bathroom, stainless steel appliances, stone countertops

•December 2012 occupancy

Contact me for more info on pricelist and floor plans.

Real Estate Topic: Working with Lawyer on New condo purchase

Real Estate Topic: Working with Lawyer on New condo purchase


Once you have signed your deal, the Condominium Act provides that you have ten days from the latter of either the date you receive the disclosure statement or the date you receive an offer executed by the builder, to rescind the deal. This gives you an opportunity to see your lawyer, get suggestions, changes and explanations and then within the ten days return to the sales office and negotiate for those important items that are open.

Your lawyer will explain to you that in most offers, the following are standard:

• Measurements of space are made from the exterior of outside walls and half-way through the demising walls, so your condo square footage is not usable area but total area
• The builder can substitute materials of equal or better quality
• Bulkheads can appear where you least expect them
• Layouts can vary
• The builder can add, remove or rent units
• You may end up with a reverse floor plan
• Colour, textures and materials may vary

Real Estate Newsletter - June 2010

Real Estate News:

June 3, 2010 -- Greater Toronto REALTORS® reported 9,470 sales through the Multiple Listing Service® (MLS®) in May, representing a one per cent dip from May 2009. In comparison to previous years, this was the third highest May sales result on record.

“The pace of transactions slowed in May following record-setting sales in February, March and April,” said Toronto Real Estate Board President Tom Lebour. “Buyers who otherwise would have been purchasing a home in May moved more quickly this year, likely to get ahead of mortgage rate hikes.”

New listings were up 38 per cent annually to 18,940. The average price for May transactions was $446,593 – up 13 per cent compared to the average of $395,609 recorded in May 2009.

“The gap between listings and sales has widened, which means there is more choice for buyers,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. “The annual rate of price growth will slow in the second half of 2010, from the current double digit pace into the single digits.”

Median Price

In May, the median price was $376,750, from the $337,000 recorded during May of 2009.

Royal Garden Phase 2 (Bayview & Hwy 7)

Royal Gardens, a master-planned community that offers a stunning bouquet of luxury and amenities in a setting designed for royalty. This inspired community offers a sweet retreat from the hustle and bustle of city life. Enter Royal Gardens and allow your senses to take in the beauty of its magnificent architecture.

One bedroom units starts with $199,000.

Visit http://www.libertydevelopment.ca/royalgardens/index.html for more info.

Contact me for complete VIP price list and floor plans.

Concord Park Place - TANGO (Leslie & Sheppard)

BRAND NEW Release at Concord Park - TANGO

The project is priced very reasonable for VIP - $356 PSF before parking and $384 after parkiing.

Contact: kevinyip@realtyagent.com for more information and an early opportunity to purchase at a discount price.

Real Estate Topic: Closing Cost

Real Estate Topic: Closing Cost

Closing costs are a list of charges your lawyer presents to you on the closing date of your home. Many people are surprised at the additional costs over and above the price of the home. According to the CMHC and Genworth Financial you should have at least 1.5% of the purchase price for closing costs in addition to the down payment (have around 2.5% to be on the safe side). The costs vary among provinces and cities.
Below you will find a brief explanation of these costs. Please note these are some of the closing costs you may encounter depending on your specific situation.

Home Inspection Fee Generally Required with Resale Homes - A professional inspection of the home, top to bottom, is for the benefit of the buyer. A home inspection can cost anywhere from $300 - $400 and is well worth the investment. When hiring a home inspector make sure the inspector has liability insurance just in case they overlook something.

Fire Insurance - Mortgage lenders require a certificate of fire insurance to be in place from the time you take possession of the home. The amount required is generally the amount of the mortgage or the replacement cost of the home. This cost can vary on the property size, amount of coverage, the insurance company and the municipality. The cost can vary anywhere from $250-$600 annually for most properties.

Bayview Villas Townhouse (Bayview & John)

BAYVIEW VILLAS is a magnificent residential community located in Thornhill’s popular Bayview and John Street neighbourhood, comprising of 128 town homes on a private enclave. These exquisite homes will be as comfortable on the inside as they are beautiful on the outside. Our homes are designed to create a comfortable living space for you and your family.

Nexus - Markham Downtown (Warden & Hwy 7)

The first mixed-use building in Remington's Downtown Markham project thus far ... with grade level retail fronting onto Birchmont Road

Builder's Description :

From the great cities of Europe, Remington learned: a city is only as great as its neighbourhoods. And that means keeping them cozy and complex - not sprawling and montonous. Downtown Markham will come to life for your working life, shopping life and private life. Why? Because we're committed to making Nexus a reflection of the finest life you could imagine - anywhere.

Emerald Park - Commercials RETAIL AND OFFICE CONDO (Yonge & Sheppard)

From Bazis International:

Bazis International is the developer behind Crystal Blu and 1 Bloor.

The commercial portion will have three stories:
The main floor [about 32,000SF] is all retail space, composed of Starbucks Coffee, Big Banks and Restaurant, etc. Average price is about $1000 PSF, with 60% Net Rate. Units close to Yonge street will be banks and Stucbuck Coffee.

The Second [about 45,000 SF] -- All sold

The THIRD floor [about 30,000SF] is office condo. It is about $500 PSF.

More info online at: www.TheGalleriaAtEmeraldPark.com

Location : Enjoy a panoramic view of Toronto from your new Yonge St and Sheppard Avenue condominium Emerald Park Condo in beautiful North York! Direct Access to Subway, shopping Centre. Emerald Park Condominiums, the latest project from Bazis International. It will be centrally located around Yonge and Sheppard, the Sheppard Centre; right at the South West corner of Yonge and Bogert.

Contact me for price list, floor plans and available units- kevinyip@realtyagent.com

FIVE Condos (Bloor & Saint Joseph St)

FIVE CONDOS
Exclusive VIP BROKER Sales Event

An opportunity if you missed X2 Condos, or 1Bloor Condos.
Close by to University of Toronto, Ryerson University, Manulife Center, Queens Park and much more.
Especially for the price, it's only $565 /sf compare to over $700/sf in the neighborhood pre-construction pricing.

12 Degrees (Queen & Beverly)

Check out the location of this new-development, This condo is smack in the middle of a cool and interesting area. Want to go to the Art Gallery of Ontario, Roy Thompson Hall, or take in some theatre? It is right outside your home. Interested in a movie? Again, right outside your home. Work in the financial district? 10-minute walk. Taking the subway? 6-minute walk. The best? It is a 4 minute walk to my favourite restaurant Nota Bene. Yum yum. Of course, it is also close to a million other amazing places.Located across from Diamante's award winning condo Phoebe and Soho, this location is hard to beat. Most Queen West condos are WAY west. This is stretch of Queen Street is scarce for new condominiums, making the demand high for this condominium.

12 Degrees is at the epicentre of everything that makes Queen Street West living so vibrant.