133 HAZELTON AVE | YORKVILLE CONDO BUILDINGS

133 Hazelton Avenue

Yorkville Condos

 

Location: 133 Hazelton Ave Toronto

 

In the very exclusive neighborhood of Yorkville, 133 Hazelton Ave is a must see if it is luxurious life you are after. 24/ 7 concierge services that will cater to your every whim, here at 133 Hazelton Condos,  impeccable service is of the utmost importance. Residents will also enjoy the fitness centre with state of the art machines and equipment, yoga and pilates room all while basking in the natural light provided by the floor to ceiling glass windows. Some other amenities at 133 Hazelton Condos are the guest suites, screening room, event room and the lounge.

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Madison Ave Condos

Madison Condos Yonge Eglinton

We’re still waiting for details to be released to us.  I will give you a heads up once the developer informs us in the coming weeks. We are still projecting costs to be roughly $560 to $580 per sq ft. 

  • Created by Madison Homes working with the industries best architects, Kirkor Architects and top designers Munge Leung.
  • Comprised of approximately 640 suites in two hi-rise towers that sit on an 8 storey podium, with more than 28,000 sq. ft. of indoor and outdoor amenity space, along with more than 60,000 sq. ft. of prime storefront retail.
  • With over 60 distinct suite designs, ranging from approximately 400 sq. ft. to just over 1000 sq. ft.  Suite layouts include a selection of bachelor, one bedroom, one bedroom-plus-den, two bedroom and two bedroom-plus-den configurations all designed to offer practical, efficient living layouts. Priced from the mid $200’s.
  • 9 foot ceilings are standard throughout and will create a sense of airiness and space inside the suites, most will boast terraces or balconies, offering residents a sweeping panorama of the city.
  • Designed to be both modern and sleek, yet functional. The kitchens will feature designer series cabinetry, upgraded hardware, equipped with under-cabinet lighting, granite countertops, stainless steel undermount sinks, glazed ceramic backsplashes, island or breakfast bar and stainless steel appliances.
  • The bathrooms boast custom designed cabinets, with mirrored medicine cabinets, Ceaser Stone countertops and contemporary frameless glass showers.
  • The Madison’s amenity program is highlighted by the deluxe fourth floor indoor/outdoor common element. At an inspiring 28,000 sq. ft., the amenity area will include an indoor salt water lap pool, hot tub and co-ed sauna and steam rooms off the pool deck. The fully equipped two level gym and yoga facility will offer an outdoor terrace and views of the neighbourhood below
  • The fourth floor also offers an incredible outdoor space featuring a central fire pit, five individual barbecue areas, with cabanas and easy access from the indoor party room, demonstration kitchen and pool; the Zen-style retreat (with water feature) atop the eighth floor podium; and The Madison’s movie theatre, demo-kitchen, common dining space and entertainment room.

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New Condo and Your PDI

So your new condo is ready for occupancy, congratulations! As exciting as this time is you must not for to protect your investment. You may have been waiting up to 4 years for this day and you want to be ready for what lies ahead. This is when you need to schedule you PDI(pre-delivery inspection).A PDI is an important step in new construction ownership and should be taken seriously and conducted carefully.

Basically a PDI is a walkthrough of your new property prior to closing, with this opportunity you and the builder’s representative can observe and list all pre-existing deficiencies (incomplete, missing or damaged items) of the condominium. This list will act as evidence that these deficiencies were pre-existing and did not occur after you moved in to your condo.

Some things to keep in mind while conducting you PDI

  • Be thorough. As you tour your condo look for scratches, marks and damages to walls, ceilings and doors. Run all taps, ensure that hot and cold water work, flush all toilets, pull all handles, open all doors and cabinets. Check all floors are even and that hardwood floors and tiles have no cracks.

 

  • Keep in mind your builder representative will be involved in your requests to the builder/developer ,be friendly and respectful having a good rapport with the representative will be helpful in future dealings. Those being said, don’t let your rep rush you through your inspection. Anything you do not list will most likely not be addressed by builder.

 

  • Remember your APS, an agreement of purchase and sale will list all finishes, features and upgrades you have paid for, ensure that these are all in place.

 

  • Save your Money. Don’t hire a home inspector. Home inspectors are crucial in the purchase of an older home, but this is a new condo and their services would be unhelpful and expensive.

 

  • Bring a friend. For two reasons 1)You may feel more comfortable bringing up concerns to the builder rep and 2)Two sets of eyes are better then one.

 

  • If something is missed there is a 30-day form. If after you take possession you find a deficiency you can go through TARION. Going through TARION is not the easiest route and your time may be better spent getting things done through you builder.

 

Good luck with your PDI!

Let us help you find that great Toronto Condo! Click here to view condos currently for sale within the GTA. To read more Toronto and surrounding area condo profiles click here

Toronto Real Estate Stats | Yorkville Condos

Second Best March on Record

April 5, 2011 — Greater Toronto REALTORS® reported 9,262 transactions through the TorontoMLS® system in March 2011, representing the second best March result on record. The number of transactions was 11 per cent lower than the record result reported in March 2010.

“The strong home sales reported in March and throughout the first quarter of 2011 have been based on a solid affordability picture and improving economic conditions in the GTA and country-wide,” said Toronto Real Estate Board (TREB) President Bill Johnston.

The average selling price for March 2011 was up five per cent year-over-year to $456,147. The strongest average annual price growth was reported for condominium apartments and semi-detached houses, at approximately seven per cent for both home types.

“Market conditions were tighter in March compared to last year. With more competition between buyers, we have seen a strong but sustainable rate of price growth,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

Median Price
In March, the median price was $385,000, from the $370,000 recorded during March of 2010.
Click Here To Read Full Report

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.

99 Avenue Rd – Yorkville Condos

99 Avenue Road
99 Avenue Road

99 Avenue Rd:  Yorkville Condos

99 Avenue Road is a wonderful enhancement to the Yorkville/Bloor area. This prestigious neighborhood was built by Max & Company Development Inc. It’s brick and stone exterior is complimented by the meticulous landscaping and this condo houses 80 units in 14 storeys.

The impressive facilities include a gym and steam bath, tiered seating and stereo sound with a large screen in the theatre, a guest suite, and for your meeting needs there is a business centre.

Enjoy 10 foot ceilings in any of the 714 sq. ft. to more than 2100 sq. ft. units which average about $500 per sq. ft. After walking to the classy Yorkville shops, you’ll appreciate the entering the elegant lobby of 99 Avenue Road.