JUST LISTED! 716 Kingston Road #101
Situated in a delightful boutique condo complex that is meticulously maintained, unit 101 is a spacious one bedroom condo with an updated kitchen and stylish finishes. Located on the main level it is ideal for those wishing to avoid elevators and stairs. The south facing patio is perfect for plants and adds abundant natural light to the main living area. There is also ensuite laundry, private parking, plenty of visitor parking, a large locker and a nicely maintained entranceway to the complex.
The added conveniences in the area are outstanding with easy TTC access, excellent shopping close at hand including The Big Carrot, an easy walk to a multitude of shops and restaurants along Kingston Road and a 15-minute walk to Queen Street East and the Boardwalk. The Glen Stewart Ravine is close at hand for a leisurely stroll and the new YMCA which is set to open later this year is conveniently located a few blocks away.
A cozy home in a perfect location.
1 Bedroom
1 Washroom
1 Parking Space & 1 Locker
598 sq ft
$ 379,000
More Photos & Info: www.716Kingston.com
JUST SOLD! 5 FLEMINGTON CRT
Congratulations to our buyer clients who just bought this newly renovated home in Whitby!
Gorgeous 4-level backsplit! This home has just undergone a complete renovation from front to back in 2020! Located on a quiet court in sought after West Lynde. Huge 50 X 166 foot lot. 5 minutes from the 401, Go Train & shopping.
TOP 5 LOFTS IN LESLIEVILLE
Working in the Leslieville/Riverside area, we often have clients ask us which condos and lofts we think are the coolest in the neighbourhood. After a recent meeting with a new client who asked us this same question, we decided it would be a good idea to write a list of our Top 5 Lofts In Leslieville. It wasn’t easy because there are a lot of great ones to choose from but here’s our top 5!
68 Broadview was built in 1914 and the building originally served as a Rexall Warehouse. In 2007, The Sorbara Group converted this building in to true hard lofts that are absolutely stunning! They salvaged several of the building’s original fixtures and hardware, and redistributed them within the building.
What makes The Broadview Lofts so cool?
• Tongue and groove wood ceilings
• Exposed brick walls
• Fantastic management with current maintenance fees around $0.39 per square foot
• Roof top terrace and large party room with unobstructed views of the Toronto skyline
# of units: 154
# of storeys: 6
Walk Score: 86
The Wrigley building dates back to the early 1900s and was once home to a Wrigley’s chewing gum factory. The building was converted to hard lofts in 1998 and maintains its authenticity from top to bottom. As soon as you step inside the front entrance and onto the original elevator, you feel like you’ve gone back in time. The Wrigley Lofts have been known to attract photographers, fashion designers and entrepreneurs to name a few.
What makes Wrigley so cool?
• Massive warehouse windows
• Concrete mushroom columns
• A wide array of different sized units with different finishes
• Open concept living
• 14 foot ceilings
• Live/Work building
# of units: 79
# of storeys: 5
Walk Score: 95
The Garment Factory was converted into residential units in 2008. Atria Developments did a phenomenal job of integrating the old and new parts of the building seamlessly with a combination of traditional old brick and modern additions of steel and glass on the upper levels.
What makes The Garment Factory so cool?
• Exposed concrete ceilings
• Restored concrete floors
• Large terraces and balconies
• Strong community feel
• Extremely pet friendly
• Live/Work building
# of units: 150
# of storeys: 8
Walk Score: 95
The Sync Lofts were completed in 2013 by Streetcar Developments. The exterior of the building is an esthetically appealing mixture of brick and glass and the interior is sophisticated and chic with modern advancements including built-in iPod docking stations and pre-wired speakers. You can’t beat this location with so many great shops, restaurants and bars just minutes away as well as Dark Horse Espresso Bar conveniently located on the main floor of the building.
What makes The Sync Lofts so cool?
• Great layouts that maximize usable space
• A dog wash on the main level
• High-tech modern finishes
• Private rooftop terraces
• Large communal rooftop terrace with views of the iconic Riverside Bridge and the downtown skyline
# of units: 98
# of storeys: 8
Walk Score: 97
The IZone lofts were converted to residential units in 2002 by Atria. They are a cultural hub to artists, tech professionals and entrepreneurs. As you walk down the halls, you immediately look up to the industrial style lighting and exposed ducts that compliment the industrial and raw feel of the building.
What makes IZone so cool?
• Ceilings ranging from 16 to 30 feet
• Skylights in many units
• Roof top decks on some of the units
• Large industrial double doors
• Open concept floors plans
• Live/Work Building
# of units: 104
# of storeys: 2
Walk Score: 95
Two Decades Of Steady Price Appreciation In The GTA
Steady average price appreciation over close to two decades makes GTA housing market a global anomaly, says RE/MAX Hallmark
214 per cent increase in real estate values since 1996
Toronto, ON (January 12, 2016) – Low interest rates, coupled with population growth and solid economic fundamentals, contributed to a 214 per cent increase in average residential housing values in the Greater Toronto Area (GTA) over almost two--decades, according to RE/MAX Hallmark Ltd., one of country’s largest real estate franchises.
The GTA housing market is now entering its 20th year of consecutive price appreciation, on the heels of a record--breaking 2015. The market has reported a steady increase in values since 1996, when the cost of an average home in the GTA hovered at $198,150. Average price broke through the $600,000 benchmark in 2015, settling at $622,217 – an increase of 6.21 per cent when compounded annually over the 19--year period.
“The overall strength and stability of Toronto’s housing market is a global anomaly,” says Ken McLachlan, Broker--Owner, RE/MAX Hallmark Ltd. “Very few large residential housing markets can compete with the GTA’s performance over the past two decades”
When analyzing the level of growth in the Greater Toronto Area, population played a serious role. In 2014, the Toronto CMA topped six million (6,055,724), a figure eight per cent higher than the 2011 Census population of 5,583,064 and a substantial 42 per cent uptick over the 1996 Census figure of 4,263,757.
The low interest rate environment has also influenced home buying activity in the GTA. While the average residential mortgage--lending rate for a five--year term hovered at approximately eight per cent in 1996, the same product can be had for under three per cent in today’s competitive market.
Homeownership rates have also steadily increased in the GTA, in spite of rising values. Between 1996 and 2006, the level of ownership jumped approximately 10 per cent in the GTA (58.4 per cent to 67.6 per cent). The most recent available rates for the province of Ontario sat at 71.4 per cent in 2011.
Given the turbulence the GTA market has withstood –recessions, 9/11, and SARS, just to name a few – the performance is “nothing short of remarkable”, explains McLachlan.
“Moving forward, there is no reason to expect the upward trend to end,” says McLachlan. “In light of recent volatility in the stock market and overall economic uncertainty, we anticipate an upswing in home buying activity as investors look to tangible assets like bricks and mortar to ride out the storm. The strength of the US dollar will also contribute, serving as an impetus for greater investment in the Greater Toronto Area throughout 2016.”
