Thursday, September 27, 2012

Home For Sale In Richmond Hill

Charming & Affordable

This well maintained Aspen Ridge home is approximately

2,400 sqft with plenty of natural light flooding in, lots of

pot lights, open concept, parquet floors, main floor

laundry with walk-out to garage, family room with gas

fireplace, master ensuite with soaker tub & separate

shower. Garden shed attached to house, fully fenced,

interlock patio, separate basement entrance to two

bedroom apartment perfect for in-law suite or tenant.

Tuesday, September 18, 2012

New Listing

This spacious and inviting townhome is ready for move-in. Previously a 3 bedroom converted to 2 spacious bedrooms. Semi-ensuite off the master bedroom. Enjoy this open concept with Chef's kitchen & designer touches throughout. Tranquil newer interlock patio with Japenese Dogwood; Finished basement apartment with separate entrance & second kitchen, perfect for nanny or in-law suite. Beautifully renovated and completely cozy. Upgraded appliances.

For more information, click on the following link: www.7aldershot7.com

 

 

Thursday, July 5, 2012

Market Watch | Low-Rise Home Types Drive June Price Growth

July 5, 2012 -- Greater Toronto REALTORS® reported 9,422 home sales through the TorontoMLS system in June 2012. The number of transactions was down by 5.4 per cent in comparison to June 2011. The year-over-year decline was largest in the City of Toronto, where sales were down by 13 per cent compared to June 2011. Sales in the rest of the Toronto Real Estate Board (TREB) market area were comparable to a year ago.

“Buyers continue to face the substantial upfront cost associated with the City of Toronto’s unfair Land Transfer Tax,” said TREB President Ann Hannah. “Recent polling by TREB suggests that many households are considering home purchases outside of the City of Toronto to avoid paying the Land Transfer Tax. This goes a long way in explaining the disproportionate decline in sales in the City versus surrounding regions.”

The average selling price in June was $508,622 – up by 7.3 per cent compared to June 2011. The mortgage payment associated with the average priced home in June, assuming five per cent down and a five-year fixed rate mortgage amortized over 25 years, would account for approximately 35 per cent of the average household’s income in the GTA after adding property tax and utility payments.

“According to new mortgage lending guidelines set out by Finance Minister Jim Flaherty, the GTA housing market remains affordable. The share of the average household’s income going toward major home ownership payments for the average priced home remains below the 39 per cent ceiling recently announced by Mr. Flaherty,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

“The average household in the GTA continues to benefit from a considerable amount of flexibility to account for higher interest rates moving forward,” continued Mercer.

Tuesday, July 3, 2012

Mortgage Rule Changes

June 21, 2012 -- The Honourable Jim Flaherty, Minister of Finance, announced four measures for new government-backed insured mortgages with loan-to-value ratios of more than 80 per cent:

  1. Reduce the maximum amortization period to 25 years from 30 years.
  2. Lower the maximum amount Canadians can borrow when refinancing to 80 per cent from 85 per cent of the value of their homes.
  3. Fix the maximum gross debt service ratio at 39 per cent and the maximum total debt service ratio at 44 per cent.
  4. Limit the availability of government-backed insured mortgages to homes with a purchase price of less than $1 million.

The new rules will take effect on July 9, 2012.

For more detailed information, please visit www.fin.gc.ca

 

Wednesday, June 27, 2012

Just Listed! City Place Condo | The Matrix

Beautiful sunfilled corner unit that shows like a model suite with 9-Ft ceiling & overlooks the tranquil rock garden with waterfall.

Newer hardwood floors thru-out the unit. Feels very spacious & cozy. Granite hallway entry and kitchen countertops.

Conveniently located with side entrance for easy exit or when bringing in groceries. 1 Parking spot included. 24 Hour Concierge & security.

Award winning facilities include: large gym, change rooms & saunas, indoor pool with hot tub, salon/spa services, theatre, billards room, party/rec room, basketball courts, fitness classes & more!

TTC at your doorstep, 24 hour Rabba, restaurants, Rogers Centre & much more within steps of the building.

Monday, June 18, 2012

POSH Condominium | Unit for LEASE | $1,400 per month

Brand New Condo Building on the boarderline of Vaughan & Toronto.

Cozy with high-end finishings and stainless steel appliances, 9 FT ceilings, open concept, hardwood floors, open balcony with unobstructed views.

Also, building features: 24 Hour Concierge, large gym with great equipment, party/rec room, library, media room, guest suites. 1 locker and 1 parking spot.

Steps to mall, shopping, restaurants, TTC, and much more!

Thursday, June 14, 2012

The Churchill Collection of Townhomes in Forest Hill

Hk-collection

 The Churchill Collection of townhomes is a small enclave of only 13 units located on the north side of Winston Churchill Park, just east of Spadina.

 For one day only, our clients are privy to a private showing of this new development. We will have access to the full site plan and the lowest pricing, all prior to opening up to the public and other Brokers.

  This is a small window, but there are only 13 homes and they will go quick.

  The designs are terrific, ranging from 2,100 to approx. 2,900 sq. ft.

 All units feature gourmet kitchen with appliances like Wolf, Sub Zero and Miele, roof top terraces, 2 car underground parking, and open concept living spaces.

  Please RSVP to us at your earliest opportunity as there is very limited space.