Archive for June, 2011

Love Where You Live? Tell Us Why For A Chance To Win $20,000!

Love where you live?  Looking for a way to publicly sing the praises of your neighbourhood or community?  Interested in a chance to win $20,000?  You’re in luck…  Last week Royal LePage kicked off their annual “My Great Neighbourhood” contest!

It’s simple – submit a short paragraph explaining why you love your neighbourhood or community.  And be sure to include up to 5 photos or 1 video as part of your submission. Take a look here and click on “Past Entries” to see what other contestants have come up with.

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Spotlight: “The Hudson” In The King Street West Area

The Hudson In The King Street West Area Photo

Over the last few years, King Street West (I’m talking here about that stretch of King running west from Spadina to Bathurst) has seen plenty of residential growth.  Not only in the number of new buildings in the area, but in the value of the real estate as well.  Per square foot, this is one of the priciest areas in the city.

Yes, Mr. Freed is responsible for much of the new development here (The Thompson Residences, 66 Portland, 20 Stewart…).  But let’s not forget the building that sits at the eastern end of this stretch – the building that in many ways set a benchmark of quality for all that would follow…  The Hudson.

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Toronto Real Estate Market Report: June 2011 Mid-Month Statistics

Toronto Real Estate Market Report: June 2011 Mid-Month Statistics Photo

Following is TREB’s market report for mid-June 2011: The number of sales and the average selling price reported by Greater Toronto REALTORS® were both up during the first 14 days of June 2011. Sales through the first two weeks of June amounted to 4,787 – up 16 per cent over the same period in 2010. The average selling price for these transactions, at $477,853, was up nine per cent.

“The spring has always been the busiest time in the resale market, but the results for May and the first two weeks of June represented a marked improvement over last year. Low mortgage rates have kept affordability in check and buyers have felt confident in paying for a home over the long term,” said Toronto Real Estate Board (TREB) President Bill Johnston.

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Toronto Real Estate Market Report: May 2011 Statistics

Following is TREB’s market report for May 2011: Greater Toronto REALTORS® reported 10,046 sales in May 2011 – up six per cent compared to May 2010. This result was the second best on record for May under the current Toronto Real Estate Board service area. The number of new listings in May, at 16,076, was down 15 percent compared to last year.

“Positive economic news and low borrowing costs led to strong sales through the first five months of the year, including the increase in May,” said Toronto Real Estate Board President Bill Johnston. “At the same time, the market has become much tighter compared to last year, due to a substantial dip in new listings.”

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What Happens When A Seller Mistakenly Lists Their One-Bedroom Condo As A Bachelor?

What Happens When A Seller Mistakenly Lists Their One-Bedroom Condo As A Bachelor Photo

     I remember going back-to-school shoe shopping one year as a kid.  I had my heart set on a pair of red Adidas Sambas.  With cash in hand, I biked to the mall and made a bee line for K-Mart’s sneaker section.  But the Sambas were nowhere in sight.  I searched high and low before approaching the cashier.  After hunting around for awhile we finally tracked the shoes down – they’d been mistakenly placed in the women’s sandal section!

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