New Toronto Websites

We’ve added 15 new sites to our online presence helping bring new buyers into contact with our listings. Contact Karolina and I to see how are online marketing, 15 years of experience, and award winning service can help you buy or sell in today’s market.

Thank you Martin – our good friend from www.creo-group.com for the amazing job.

1. www.BayStreetCondosForSale.com
2. www.Bayviewsheppardcondos.com
3. www.CityplaceTorontoCondosForSale.com
4. www.CondosYongeandStClair.com
5. www.FrontandSpadinaCondos.com
6. www.LeslieSheppardCondos.com
7. www.QueensQuayCondosForSale.com
8. www.ForestHillTorontoCondos.com
9. www.RiverdaleCondominiums.com
10. www.StLawrenceMarketCondosForSale.com
11. www.TorontoDistilleryDistrictCondos.com
12. www.TorontoLibertyVillageCondos.com
13. www.YongeandBloorCondosForSale.com
14. www.YongeAndCollegeCondosForSale.com
15. www.YongeStreetCondosForSale.com

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Exclusive Economic Outlook Event | Learn About Yorkville Condos and The Market

My office….RE/MAX Hallmark is partnering with TD Canada Trust to bring you an Exclusive Economic Outlook event with Craig Alexander, Senior Vice-President and Chief Economist, TD Canada Trust. Mr. Alexander is one of the foremost authorities on the Canadian economy, making regular appearances on BNN and the major news networks.

 

The event will be held February 23rd, 2012 from 6:30pm to 8:00pm at the Spirale Banquet & Convention Centre located at 888 Don Mills Road, just north of Eglinton Avenue West in Toronto.

This event is available exclusively to RE/MAX Hallmark Clients! Whether you are buying or selling, starting your career or retiring, saving, investing, or simply trying to learn more about our economy and how it impacts your personal finance, this is an excellent opportunity to get an inside perspective.

 

Please note that space is limited! If you would like to attend please contact me

 

Jarrod

RE/MAX Hallmark

Office: (416)-494-7653 
Fax: (416)-494-0016  
Email: Jararmstrong@trebnet.com

 

Looking to buy or sell a house or condo? Check out our site www.SearchLocalCondos.com

 

www.JarrodArmstrong.com

 

Top 1% agents for Toronto Condo Sales * Multi Award Winning Service

 

Free Toronto Buyers Guide | Complete Guide to Buying a Toronto Condo

The New Toronto Condo buyers guide is NOW available.  This 43 Page Buyers guide is a great starting point for any new buyer thinking of purchasing a Toronto condominium.  If you are new to the Toronto Condo market or just need an update, it is a great resource and answers some very interesting questions you may not have thought of.  Simply send us an email to receive your free copy. 

Topics Covered in the Guide:

1 – Condominium Ownership.
What Is a Condominium? .
What Types of Condominiums Are There? .
What Do I Own When I Buy a Condominium? .
Are Condominium Regulations the Same Across Canada?.
What Rules and Restrictions Might I Encounter in a Condominium?.
Who Takes Care of the Building and Grounds?.
What Insurance Will I Need?.
Can I Rent My Condominium?.
2 – What Type of Condominium is Right for Me?.
New, Re-sale or Conversion—What Are the Differences?.
New Condominiums .
Conversion Condominiums.
Existing/Re-sale Condominiums.
Affordability—How Much Will it Cost? .
Condominium Contributions—What’s Included in My Fees?.
Extraordinary Expenses.
Questions to Ask in Choosing a Condominium.
3 – Getting Help from the Experts.
Who Should I Consult about Buying a Condominium?.
How do I Know if a Condominium is in Good Financial Condition?.
How do I Know if a Condominium is in Good Physical Condition?.
Physical Checklist.
What Information Does the Condominium Corporation Have that Could Help Me? 

 

Let us help you find that great Toronto!  Click here to view condos currently for sale within the GTA.  

If you have an interest in Renting, Buying or Selling in the Toronto area and would like to discuss the current market, please fill out this contact form.

What to look for in a Yorkville Condo

When looking for a Yorkville condo to buy or let it there are a lot of things to consider, some of which are less obvious and you may forget to check or ask about at first.

For a start apart from the <a href=”http://www.searchlocalcondos.com/”>condo</a> itself what else do you get use of such as hallways, elevators and maybe even laundry facilities, will you have to pay a ground rent or other costs towards communal facilities? These may also include heating, which can be better value than having your own heating system.

How thick are the walls and floors or ceilings: the extent to which sound travels between apartments varies between blocks based on their age and construction. Try tapping on walls and ideally visit potential properties on weekends or evenings when there will be people about to give you an idea how noisy they may be.

Rooms often look smaller once they have furniture in so be careful if viewing an empty property and compare floor sizes to what you currently have to give you a better idea and to make sure that you will be able to fit everything in. Think about wall space as well as floor space as some layouts, including open plan as well as condos with lots of windows, may have less wall space: which may mean that you have nothing to put some furniture against.

First Time Buyer Info | Yorkville Condos

First-time buyers in major Canadian markets

move to get in ahead of higher interest rates, says RE/MAX

Driven by the threat of higher interest rates down the road, first-time buyers are contributing to strong upward momentum in residential housing markets across the country, according to a report released by RE/MAX.

The RE/MAX First-Time Buyers Report, highlighting trends and developments in nineteen major Canadian centres, found that low interest rates and balanced market conditions have provided significant impetus in 2011, particularly at lower price points.  Just over 30 per cent of markets are reporting sales in excess of 2010 levels as a result, while almost 70 per cent have experienced an upswing in average price.  Leading the country in terms of percentage increases in the number of homes sold are Western Canadian markets, including Saskatoon (up close to 15 per cent), Greater Vancouver (up close to 12 per cent), and Winnipeg (up just over 11 per cent).  With an average price hike of close to 20 per cent year-to-date (February), Greater Vancouver continues to show unprecedented strength, followed by Hamilton-Burlington (eight per cent), Quebec City (seven per cent), Winnipeg (close to seven per cent), Greater Toronto (five per cent), and Greater Montreal (five per cent). 

Despite homeownership rates approaching 70 per cent, there is clearly room for growth as entry-level buyers make their moves from coast-to-coast, undeterred by higher housing values and changes to lending criteria.  Many purchasers intent on realizing homeownership are scaling back on expectations or are willing to sacrifice location, quality and/or size to make their dream a reality – not unlike generations before them.

Inventory levels, while tight in several larger centres, are more balanced overall, giving first-time buyers a good selection of housing product from which to choose.  Not surprisingly, condominium apartments and town homes have become the first step for many entry-level purchasers, especially in Greater Vancouver, Victoria, Kelowna, Edmonton, Calgary, London-St. Thomas, Hamilton-Burlington, Greater Toronto, the Island of Montreal, and Halifax-Dartmouth where average prices have risen unabated in recent years.

With the Canadian economy on firmer footing overall, residential real estate is well-positioned moving into the traditionally busy spring market.  Consumer confidence is climbing in conjunction with economic performance, and concerns over a secondary recession fade with each passing day.  The mood is cautiously optimistic, as first-time buyers enter the market.

Changes to recent financing criteria have not created the anticipated run up in activity in most markets.  From a financial standpoint, most rookie home buyers remain quite prudent.  Those making the leap are not doing it lightly, buying within their means.  While this most recent round of policy tightening will likely have a negligible effect on demand, the message is getting across. 

Affordability remains a growing concern in most markets, and—aside from first-time purchasers—no one is more in tune with that than housing planners and developers.  In fact, the growing demand for reasonably-priced product is creating a shift in the country’s housing mix.  That trend is expected to gain traction in coming years, as builders look to create greater options for those seeking to realize homeownership.    In recent years, builders have helped ease the move to homeownership by concentrating on intensification—condominium buildings with smaller suites and small-lot subdivisions offering detached, compact homes at a fraction of the cost of a traditional single-family home.   On the flip side, the affordability factor is also breathing new life into tired older neighbourhoods, and that, in turn, is contributing to rising values. 

As prices escalate, first-time buyers are indeed spending more—some out of necessity, but others are simply in a position to do so.  Unlike in years past—a greater percentage of today’s first-time buyer pool is comprised of dual-income, college or university-educated couples with solid earnings.  They’re spending close to average price or slightly more to secure—in most cases—a better location or a home that will grow with them.   Yet, the fact remains that those on a tighter budget can get in for considerably less, with reasonable choices in every major market across the country.   While some may feel discouraged by eroding affordability levels, the underlying confidence in the concept of homeownership is rising.

While market conditions are one thing that influences first-time buyers, few things trump the fundamental belief in homeownership.  Today’s entry-level buyers are steadfast in their mindset.  They know they have to live somewhere, but they simply don’t want to pay someone else’s mortgage.  Savvy or practical, they remain a driving force.  The bottom line is that the demand for entry-level product will remain steady.  The role of starter homes in the marketplace is becoming ever more vital.

175 Cumberland St – Yorkville Condos

175 Cumberland Street

175 Cumberland St:  Renaissance Plaza:   Yorkville Condos

The location of Renaissance Plaza is ideal if you want convenience and a trendy lifestyle. It sits next door to the infamous Four Seasons Hotel and the classy boutiques of Yorkville’s shopping district at the corner of Avenue Road and Bloor Street. One bedroom suites begin about 1100 sq. ft while two bedrooms are 1700 sq. ft. The combination suites are as spacious as 4000 sq. ft. with private terraces and amazing views of Toronto’s skyline.

Bramalea developed this 20 storey, four floor structure with suites beginning as low as $450 per sq. ft. to over $600 per sq. ft. A large number of amenities are also available. Valet parking for residences as well as guests, squash court, party room, indoor pool, whirlpool and sauna, terrace, and a very high level of both security and staff all combine to make this condo one to consider.

164 Cumberland St – Yorkville Condos

Renaissance Court
164 Cumberland Street

164 Cumberland St:  Renaissance Court:   Yorkville Condos

Renaissance Court was developed by Bramalea about 1982 at 164 Cumberland Street. With only 32 units, this condominium is more private than many and the price is far below the $500 per sq. ft. average of most other Yorkville properties. Suites are built over a three storey retail and office complex and vary from 1155 sq. ft. to 1800 sq. ft. within the upper four storeys. They include 24 hour concierge service.

3 McApline – Yorkville Condos

Domus
3 McApline

3 McApline:  Domus Condos:  Yorkville Condos

Although Domus was completed by Diamante Development Corporation in 2003, this relatively new condominium has already combined or altered units. It now offers 20 three-level townhomes, and 69 new loft style units dispersed over 10 floors. A short distance northeast of the Bay Street and Davenport Road is where you’ll see the modern eclectic design of the Domus condos.

One of the highlights of these lofts are the 16 ft. ceilngs and most lofts come with a balcony or terrace. Townhomes range in size from 930 to 1297 sq. ft. while the suites vary between 645 to 2752 sq. ft. Some of these homes are expensive costing as much as $500 per sq. ft. but the facilities are many and include 24 hour concierge, party room, exercise area, a guest suite, and a beautiful private garden.

4 Lowther Ave – Yorkville Condos

4 Lowther Avenue

4 Lowther Ave:  Yorkville Condos

In the heart of Yorkville, on the west side of Avenue Road and just north of Bloor is where you’ll find 4 Lowther Avenue condominium. This spectacular residence is a 7 storey structure with 41 suites ranging in size from the unusually large studios and one bedrooms at 1100 sq. ft to over 3000 sq. ft. for the penthouses.

Each unit includes a fireplace and 9 foot high ceilings with the typical suite being 2000 sq. ft. with an additional 900 sq. ft. terrace. From $650 per sq. ft. to $775 per sq. ft. and above, these condos are priced high. However, amenities do include valet parking, party and fitness rooms, concierge service, and a small indoor pool.