Monday, November 21, 2011

Home Body: How to squeeze a gym into your small space - Yourhome.ca

Home Body: How to squeeze a gym into your small space - Yourhome.ca

NEW 1 Bedroom Condominium For Sale 478 King St. W, Downtown Toronto

Seller is selling under Assignment. Brand New 12 Story Victory Boutique Condo. One Of Toronto's Prestige King West Neighbourhood. Steps To Exciting Restaurants, Pubs, Shops, Theatres, Rogers Centre, Cn Tower And More. Ttc@Door. It Is One Bedroom, South Facing With Balcony and 665 Living Space Per Builder's Plan. Great Layout And 9' Ceiling. Club Victory Has Amenities Including State Of The Art Screening Room And Beautiful Lounge/Dining Room And A Fully Equipped Fitness Room. New Appliances!
For More details click HERE

Address:
478 King St. W Suite#: 306
Toronto, Ontario M5V0A8
MLS Listing #: C2243191

List Price: $349,800 (For Sale)

Size: 705Sq Ft
Bedrooms: 1
Bathrooms: 1 Garage: No
Unit Size: 705 Sq Ft






Monday, November 14, 2011

Tax law extraordinaire, David A. Altro, teaches us how to own US property the Canadian way

Today we had the opportunity to speak with David A. Altro, the managing partner at the law firm Altro and Associates. With 30 years of experience and offices in several Canadian and American cities, David is the go-to guy for advice if you're considering purchasing property or moving to the US.

Now we're sure he wouldn't mind if you showed up at his office or gave him a call on his cell with your question about purchasing property in the US, but why inconvenience yourself when you could just read the latest edition of his book "Owning U.S. Property the Canadian Way."

In our interview David discusses the important points contained within the updated and expanded second edition and talks about why purchasing property in the US doesn't have to be a hassle.

This Friday (November 18) there's a seminar in Toronto at the Westin Prince called "Moving to the US the Canadian Way." If you're interested in learning more, you can register for the seminar on the Altro and Associates website.

And now, here's David!

BBH: Tell us a bit about your firm?

Read more here

Wednesday, November 9, 2011

Revitalization a key to gains in house prices in Canada: Re/Max


Written by Editorial Team
A revitalized housing stock in Canada, created through billions spent in new construction, renovation, and infill over the past decade, is an overlooked factor behind average housing price gains nationally, according to a Re/Max report.

An estimated $450 billion has been spent on home renovations from 2000 to 2010, said the report, along with $340 billion in residential permits. That’s helped the average value of a Canadian home double from $163,951 in 2000 to $339,030 in 2010, according to Re/Max.

The value of land gains during that same period was not detailed in the report, however Re/Max noted infill has helped redefine Canadian neighbourhoods where the value of existing structures has lagged the pace of escalating land values.

“While a number of external variables were also behind the exceptional gains, revitalization – amid an aging housing stock – and new construction, are largely underestimated factors supporting Canadian housing values,” said Michael Polzler, executive vice president with Re/Max Ontario-Atlantic Canada.

He said there will be an increasing amount spent on revitalization of the housing stock in years to come, continuing to put upward pressure on values.

“City planners, builders, developers, and homeowners have only just begun,” said Polzler.

The report noted the growth of new condos in major cities as part of that building trend, as homebuyers increasing choose that option over a house.

“Running the gamut from entry-level units to upscale, luxury suites, condominiums have gained widespread appeal with aging boomers, looking for lifestyle and low maintenance; young professionals, attracted to trend locales; and first-time buyers looking to get their foot in the door to homeownership,” said Polzler.

Sunday, November 6, 2011

GTA Market Watch for October 2011 | Blog | Eva Elliott

TORONTO, November 3, 2011 -- Greater Toronto REALTORS® reported 7,642 home sales through the TorontoMLS® in October 2011. This represented an increase of 17.5 per cent compared to the 6,504 transactions reported in October 2010.


Monthly sales data follow a recurring seasonal trend that should be removed before comparing monthly results within the same year. After adjusting for seasonality, the annualized rate of sales for October was 97,100, which was above the average of 90,700 for the first three quarters of 2011.


“The pace of October resale home transactions remained brisk in the GTA. This bodes well for a strong finish to 2011,” said Toronto Real Estate Board President Richard Silver. “Home buyers who found it difficult to make a deal in the spring and summer due to a shortage of listings have benefitted from increased supply in the fall.”

The average selling price through the TorontoMLS® in October was $478,137 – up eight per cent compared to October 2010.

“Sellers’ market conditions remain in place in many parts of the GTA. The result has been above-average annual rates of price growth for most home types,” said Jason Mercer, the Toronto Real Estate Board’s Senior Manager of Market Analysis. “Thanks to low interest rates, strong price growth has not substantially changed the positive affordability picture in the City of Toronto and surrounding regions.”

To see Full Report Click Here