YONGE AND ST CLAIR NEW LISTING | DELISLE CONDOMINIUMS

766292_50010 DELISLE UNIT 405 FOR SALE:

Price:  $389900

1 Bed + Parking + Locker

Welcome To Suite 405 – Stunning 646 Sqft South Facing Unit In Most Prestigious Building. Bright + Spacious Layout Filled With Natural Light. Open Concept Living/Dining With Hardwood Floors, Granite Counter Top, Crown Mouldings. Parking And Locker Upgraded Trim, Trendy Back Splash, Freshly Painted, Steps To Subway, Shopping, Restaurants, Schools And Parks.

CLICK HERE TO VIEW THE VIRTUAL TOUR

CONTACT JARROD OR KAROLINA TO BOOK A PRIVATE VIEWING

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.

100 Hayden – Yorkville Condos

100 Hayden Street

100 Hayden:   Yorkville Condos

If you’re looking for convenience without price among Toronto’s condos, the Bloor Walk Residences at 100 Hayden, east of Yonge and south of Bloor, will certainly meet that desire.

The location is on a quiet cul de sac but just a quick walk to restaurants, shops, and the subway. It offers 24 hour concierge service, board and meeting rooms, a health spa, exercise center, ground floor pool, whirlpool, patio, and the latest in security monitoring systems.

The top floor is reserved for The Carlton Club which includes party, card, and game rooms, two lounges, and a barbequing area.

X2 – Yorkville Condos

Jarvis and Bloor

X2 Condos:Yorkville Condos

Builder: Lifetime Developments and Great Gulf Homes

X2 in the Jarvis and Bloor neighbourhood of Yorkville has many amenities will make this the building a must see.  A 24/ concierge service welcomes you to the double-height lobby, the 9th floor is where the action is, a billiard room, weight room, Yoga/ Pilate/ Aerobic room, cardio room, fitness training room, his and her steam and change rooms, kitchen / dining room. Also a bar lounge and pool side library / lounge  that opens onto an elegant roof garden, trees, seating, sunning area and outdoor swimming pool. These amenities make it clear that luxury living is what X2 is all about.

Yorkville Condominiums – 190 St George

190 St George

190 St George:

Yorkville Condos

190 St. George is an architectural diamond located in Yorkville’s Annex neighborhood, and has become very distinctive in the Toronto condo life.

It’s 12 storeys tall and was completed in 1972. Located on a peaceful, tree-lined street surrounded with old historical buildings gives it character. Yet, for convenience, the St. George subway is just outside the door. It’s no wonder these condos are difficult to acquire and in such high demand.

Yorkville Condos For Sale

Yorkville Condos – 55 Prince Aurthur

Yorkville Condos

55 Prince Arthur

55 Prince Arthur:

Yorkville Condos

Among Toronto’s luxury condos is 55 Prince Arthur set amid the historical homes at the center of The Annex in Yorkville. Although it’s situated on a quiet residential street, the location is prime since it’s also close to the University of Toronto, and the museum, with St. George Subway next door, and it’s only one block west of Yorkville’s restaurants and shops.

The eleven storey structure offers 55 large suites with the smallest ranging from 1800 sq. ft. all the way up to 2300 sq. ft. Four, two-level townhouses are on the ground floor and boast courtyard entrances that are private.

Many suites have had renovations with some offering 2 car parking while the sub-penthouses and penthouses have wood burning fireplaces. Valet parking, a recreation room, indoor pool, saunas, security, concierge, and guest suites all add to the comfort and convenience.

Yorkville Condos

119 Yorkville Condominiums

119 Yorkville Ave Condos
119 Yorkville Condominiums

119 Yorkville Ave:  The Regency:   Yorkville Condos

Turner and Fleischer designed this magnificently lush New York style condo with an art deco flavor. Imagine entering the Regency Yorkville’s two storey lobby every day and being part of the clientele who pass under the glittering chandelier to climb the mirrored staircase.

 These suites aren’t just spacious in square footage, they’re filled with the highest quality finishes and equipment including the appliances and fixtures, detailed cornice and crown mouldings, and amazing sound accents. With Toronto’s very first Condominium Butler, they offer 24 hour concierge as well.

Yorkville Condos

942 Yonge Street – Yorkville Condo Apartments

Yorkville Condos For Sale

942 Yonge Street

942 Yonge St:  Memphis:

Yorkville Condos

Memphis is an excellent value for the money and is highly sought after due to it’s close proximity to Yorkville, the subway, and the University of Toronto.

Menkes was the builder of this structure and included Jacuzzi baths as well as laminate wood floors. There is also underground parking for visitors and a full time concierge service.

Yorkville Condos