Nichols Manor at Heritage -Markham (Woodbine & Elgin Mills)

Priced from lower $600s

38' and 40' Lots in the perfect location

Contact me for price list and site plans.
Or visit http://www.monarchgroup.net/673,20-new-homes-CA-L6C-0E2-ON-Markham-Nichols-Manor-at-Heritage--Markham-Community.aspx for more information

World on Yonge Phase 2 (Yonge & Steeles)

World on Yonge is undoubtedly in a world of its own. With both mall-style and pedestrian friendly retail stores, an office tower, a boutique hotel and soaring condominium towers, it is uniquely poised on Yonge Street as Thornhill’s preeminent master-planned community.

World Condos on Yonge will offer a total lifestyle package. Wrapped with a fabulous recreational component including fitness and entertainment within a stunning surrounding, World Condos is destined to become one of Yonge Street’s finest addresses. Luxurious suites with breathtaking views, a new urban park, landscaped green roof terraces, and the convenience of shopping and modern public transportation at your door; this is a residence that truly has it all.

Contact me for VIP prices and floor plans.

NEON by Pemberton (Yonge & Eglinton)

A new condo project - NEON which is located at Yonge and Eglinton.

Address: The condo will be located at NORTH WEST corner of Yonge and Eglinton, shall be right on eastside of Duplex Avenue north of Eglinton. [Right now it is a parking lot]

VIEW: Right on south or east will be blocked. BUT west, north, south west shall have great views.

Contact me for more information.

Real Estate Topic: Understanding Your Mortgage Options

Real Estate Topic: Understanding Your Mortgage Options


To help people make an informed decision, Canada Mortgage and Housing Corp. (CMHC) offers the following answers to some of the most common questions Canadians have about choosing a mortgage:

What is the difference between conventional and high ratio mortgage?

A conventional mortgage is a mortgage loan up to a maximum of 80 percent of the lending value of the property. This means that the homebuyer has made a down payment of at least 20 percent of the purchase price or market value of the home. If your down payment is less than 20 percent of the purchase price, however, you will typically need a high ratio mortgage. A high ratio mortgage is a mortgage loan which is higher than 80 percent of the lending value of the property up to a maximum of 95 percent. High ratio mortgages normally have to be insured (by CMHC, for example) against payment default

Real Estate Newsletter

Real Estate News:


July 6, 2010 -- Greater Toronto REALTORS® reported 8,442 sales through the Multiple Listing Service® (MLS®) in June. This represented a 23 per cent decrease compared to the record 10,955 sales reported in June 2009. Sales for the second quarter of 2010 amounted to 28,810 – up one per cent annually. Year-to-date sales through June were up 23 per cent to 50,455 compared to the first six months of 2009.

"We experienced a record number of existing home sales during the first half of 2010, but these sales were weighted more towards the beginning of the year," said Toronto Real Estate Board President Bill Johnston. "The pace of home sales has moderated from record levels over the past two months with the prospect of higher mortgage rates."

The average price for June transactions was $435,034 – up eight per cent compared to the average of $403,972 recorded for June 2009.

"With more homes to choose from in the second quarter, many home buyers have been making less-aggressive offers. This has resulted in less upward pressure on the average selling price," said Jason Mercer, TREB's Senior Manager of Market Analysis. "The annual rate of average price growth in the second half of 2010 will be in the single digits."

Median Price

In June, the median price was $367,750, from the $345,000 recorded during June of 2009.

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.