You are browsing the archive for 2013 June.

Beaches-East York Canada Day Events

June 29, 2013 in Latest Community News Blog, Neighbourhood Alerts Blog

  • Special Canada Day Citizenship Court

7:30 am to 9:00 am at the East York Civic Centre, 850 Coxwell Avenue at Mortimer

 

  • East York Canada Day Parade

9:30 am, leaves from the East York Town Centre in Thorncliffe Park

 

  • Canada Day Celebrations

11:00 am at Stan Wadlow Park, 888 Cosburn Avenue at Woodbine

 

  • Shomoy Mela Canada Day Festivities (Bangladeshi cultural celebration)

All afternoon and evening at Dentoinia Park, Dentonia and Avonlea Blvd

 

  • Q107 Canada Day Festival

Noon until Dusk at Woodbine Park

 

  • Canada Day Fireworks

Ashbridges Bay Park and Woodbine Beach at 9:30 pm; Stan Wadlow Park at 10:15 pm

 

 

 

 

Toronto Police Alert: Suspicious Incident

June 26, 2013 in Neighbourhood Alerts Blog

The Toronto Police Service would like to make the public aware of a suspicious incident that was reported in the Kingston Road and Main Street area.

It is reported that:

− on Thursday, June 20, 2013, and again on Friday, June 21, 2013, near Osborne Avenue and Lyall Avenue, at 8:15 a.m., a man driving a blue mini−van stopped and spoke two two different boys

− the man asked each of the boys, who are 10, if they wanted a ride

− the boys ignored the man and kept walking towards school and the man drove off

The man is described as white, 40−50, with dark eyebrows, dark brown hair worn in a ponytail and was wearing dark sunglasses.

Anyone with information is asked to contact police at 416−808−5500, Crime Stoppers

anonymously at 416−222−TIPS (8477), online at www.222tips.com, text TOR and your

message to CRIMES (274637), or Leave A Tip on Facebook.

City’s Plans to Double Development Fees on Condos is a Bad Idea

June 26, 2013 in Real Estate Blog

The City’s plan to double development fees on new condos is wrong. This is bad news for buyers and here’s why:

On a two bedroom condo, it will bring the development fee to $23,000; on a $400,000 condo purchase, the HST, which is built into the purchase price, is $52,000; the land transfer tax, before rebates for first time buyers is $8,200 for a whopping total of $83,200 in taxes!

Developers will not foot the brunt of these new development fees and will pass some or all of it onto the buyers.

City officials are arguing that the development fees in Toronto are lower than neighbouring municipalities, but they fail to remember that we already pay an additional land transfer tax.

The proposed increase in development fees will not only slow down an already balanced condo market,  but will make it harder for first time buyers to get into the market.

The City has to stop reaching into our pockets and be more fiscally responsible.  Isn’t that what the Ford administration promised us, along with the elimination of the land transfer tax?

Here’s an article about the proposed development charges that appeared in Today’s Toronto Star.

http://www.thestar.com/news/city_hall/2013/06/25/condo_boom_builders_say_doubling_development_charges_threatens_downtown_renaissance.html

 

City stops Beaches Lions Club from subleasing space

June 25, 2013 in Latest Community News Blog

Courtesy of Beach Metro News
By Andrew Hudson • June 25, 2013 • Print This Article

City staff have told the Beaches Lions Club to scrap plans to sublease dock space at Ashbridges Bay to a company that rents WaveRunners, small powered watercraft similar to Jet Skis or Sea Doos.

Also at issue is a concrete pad that the company, Toronto WaveRunners, built along the docks beside the Lions Club boathouse so it could put up a storage shed.

PHOTO: Andrew Hudson

PHOTO: Andrew Hudson

Ryan Glenn, business services manager for Toronto Parks, Forestry and Recreation, says the WaveRunner plan doesn’t fit the intended use of the Lions’ facility at Ashbridges Bay as a not-for-profit sailing club.

Glenn said the city only found out about the plan when a parks employee saw Toronto WaveRunners staff pouring cement on the site, which is part of the conservation land owned by the Toronto and Region Conservation Authority.

For the full story visit:  http://www.beachmetro.com/2013/06/25/rental-business-ordered-lions-clubhouse-property/

 

Trees in the Beach need our help to thrive and survive

June 24, 2013 in Latest Community News Blog

Courtesy of Beach Metro News
By Martina Rowley of Friends of Woodbine Park  • June 24, 2013 • Print This Article

“If a tree falls in the forest and nobody is there to hear it, does it still make a sound?” My friend was, of course, being facetious. Whenever I see a well-aged, previously majestic and indestructible-looking giant broken and defeated, I find it a sad sight indeed.

Fallen trees leave gaps in our daily lives in many ways. Gone is the curb appeal of a beautiful residential tree, gone the cool shade it provides on hot summer days, and gone is the nesting and resting place for many bird and animal species.

On the May 4-5 weekend, citywide Jane’s Walks took place including a Ward 32 tree walk with the knowledgeable and experienced arborist Todd Irvine. Around 50 tree-lovers came to hear about tree preservation and protection.

The backyard of Art Hall’s home, backing onto Glen Stewart Ravine, was our first major stop. When Art had a deck built, he went above and beyond to protect three mature red oak and three giant spruce trees located right beside his 1930s house. Construction was subject to the strict Ravine Protection By-law, resulting in a deck raised above the tree roots on helical piles drilled 8.5 metres down.

To read the full article visit:  http://www.beachmetro.com/2013/06/24/trees-beach-thrive-survive/

 

Tree walk_5666

People on a May 4 Jane’s Walk stop to learn about a mature ash on Pine Crescent that is infected by the Emerald Ash Borer.
PHOTO: Andrew Hudson

 

 

 

Pictures of the Neville Streetcar loop in 1967 and today

June 24, 2013 in Latest Community News Blog

Deja Views

Courtesy of Beach Metro News By David Van Dyke • June 24, 2013 • Print This Article

The archival photograph, taken in the summer of 1967, depicts the last eastbound TTC stop, also known as the Neville Park loop, on the 501 Queen streetcar line. Do you have a photo that you’d like to share? Please call me at 416-691-4774. Special thanks to Pete Coulman who submitted this great image.

Neville Park Loop circa 1967

PHOTO: Courtesy Pete Coulman

 

deja-NevilleLoop-new

Leslie Barns Construction and Traffic Update

June 21, 2013 in Neighbourhood Alerts Blog

On Saturday June 22nd  between 9:00am – 5:00pm (weather permitting), construction crews will begin work on an underground communications chamber and ductbank connection located on Mosley Street. This work will require lane reductions along Mosley Street for approximately 50 meters west of Leslie Street. One lane in each direction will be maintained and there will be a paid-duty police officer present to help direct traffic. This work will continue through next week. Access to all residences will be maintained at all times.

For the week of June 24th to 28th, overnight work at Commissioners and Leslie will continue. This work will occupy the middle northbound and southbound lanes on Leslie Street south of Commissioners for approximately 40 meters. Work will occur between 8:00pm – 5:00am.

Police Beat – Courtesy of Beach Metro News

June 21, 2013 in Neighbourhood Alerts Blog

A suspicious incident occurred at Osborne and Lyall Avenues on May 28 at 8:45 a.m. A driver stopped and offered a 13-year-old boy a ride. The boy ignored him and kept walking toward his school. The man continued driving slowly behind the boy, who ran down a pathway to get away. The vehicle fled the area. The driver is described as white, 50-60, grey haired with a bald spot and slight facial hair growth. He was wearing a dark green hoodie. The car was an older silver four-door Toyota, possibly a Corolla, with rusted wheel wells, heavily tinted rear windows and light tinted front windows.

Anyone with any information should contact 55 Division at 416-808-5500, Crime Stoppers anonymously at 416-222-TIPS (8477), online at www.222tips.com, text TOR and your message to CRIMES (274637), or Leave A Tip on Facebook. Download the free Crime Stoppers Mobile App on iTunes, Google Play or Blackberry App World.

Daryl Decker

Daryl Decker

This week’s Wanted Wednesday features Daryl Decker, 47. The 55 Division Crime Management Team alleges he stole food from a local grocery store and was arrested by store security. He assaulted the staff before escaping. For more information visit 55 Division on Facebook or follow @tpsofficerrob or @TPSD55 on Twitter. Anyone with information should call 416-808-5500.

An arrest has been made in  a cold case dating back to 1991. Two sisters, nine and five years old at the time, were playing in their apartment lobby in the Warden and Danforth Road area. A man persuaded the girls to get into his car, dropped off the younger one at Victoria Park and assaulted the nine-year-old before leaving her on Danforth Road. The case was unsolved for years, but with DNA evidence collected at the time, investigators have now identified a suspect. Shane Daniel Garry, 45, of Brampton, has been charged with kidnapping, forcible confinement, sexual assault and sexual interference. If you have any information contact the Sex Crimes Unit at 416-808-7474.

On May 29, at 9:20 p.m., a 51-year-old man was at an ATM machine at Victoria Park and Danforth Avenues when a stranger approached him, and during a struggle took the victim’s cash.

On May 30, around 3:50 a.m. a 26-year-old man was at Victoria Park and Dawes Road when two men grabbed him from behind, produced a gun and drove off in his vehicle.

On June 3, just before 3 p.m., a man entered a pharmacy at Kingston Road and Victoria Park, and handed a note to the two female employees demanding medication and claiming that he was armed, although no weapon was visible. The women refused his demand and he fled.

Your Will – Part 2 – The Four Elements of a Will

June 20, 2013 in Legal Advice Blog

By Garry Cass

Wills are amongst the most misunderstood and underestimated legal documents that exist. The phrase I hear often, “It’s ONLY a Will” (dismissive), should actually be, “IT’S MY WILL” (important). Afterall, your Will is a statement of your last wishes and intentions for the disposition of your property.

A Will may be 30 years old and totally out of date with your reality, but if it is not updated before you die, it is still considered an accurate statement of your last wishes.

Elements of a Will

There are 4 elements of a Will:

  1. Choice of Estate Trustee (Executor)
  2. Disposition of Assets
  3. Beneficiaries
  4. Legalese

Each person who makes a Will has to think about 1, 2, and 3. There are no right choices or wrong choices, only individual choices based on personal circumstances.

The other point to remember is that no matter what, debts have to be paid in full before a beneficiary sees any benefit from your estate.

1. Choice of Estate Trustee

What does an Estate Trustee do?

The Estate Trustee is the one who

  • “steps into the shoes” of the deceased
  • transacts all of the business on behalf of the estate
  • is the “bookkeeper” for the estate, and
  •  is the one who is responsible for making sure all of the debts and taxes of the estate are paid and the rest is distributed to the beneficiaries.

The list of duties is long. Some duties occur in every estate. Some vary by estate. If an estate involves long term trusts, the Estate Trustee is most often the one who looks after these as well. In short, appointing someone to be your Estate Trustee gives that person a thankless job more than it bestows any honour.

Should you consider one Trustee or multiple Trustees?

The key considerations are:

  1. How complicated is the estate?
  2. Who is in the talent pool available to you?
  3. Does any one person have the time and the tools to do the job?
  4. If there is to be more than one Trustee, can they work together?

A substitute Estate Trustee should always be named if there is only one. Plan B may become important.

When is it time to look beyond family and friends? 

Administering estates can be both time consuming and complicated. Trusts can go on for a long time. Therefore, when deciding on your choice of Estate Trustee it is important to look carefully at your list of “suspects” and decide if they have the necessary time, skill and judgment. The person has to be young enough to outlive their duties. It is not wise to appoint someone who is in his/her 60s who may potentially have to administer trusts for 20 years.

Disposition of Assets

The general rule is that assets are liquidated unless a Will provides instructions to the contrary.

There are 2 kinds of assets to think about: personal stuff and investments/property.

For personal stuff, there are 3 ways to add them to your Will:

  • Include an itemized list with your Will
  • Prepare a non binding letter of wishes for your Estate Trustee
  • Leave disposition to the discretion of your Estate Trustee.

For property/investments the considerations are:

  • Are there particular assets that you want to leave to a beneficiary “in kind” ?
  • If that asset is significant (e.g. house, cottage, stock portfolio) is there enough left to satisfy the rest of your intentions and wishes?
  • Do you give a beneficiary the first right to buy an asset from your estate as opposed to leaving it as a gift? At full value? At a discounted value?
  • Do you want to make your kids business partners?

Beneficiaries

Beneficiaries can be just about any person or organization that you wish to leave a gift to. Beneficiaries can be relatives, friends or charities.

No beneficiary receives a gift from an estate before the estate’s debts and expenses have been determined and provided for.

What you leave to beneficiaries should be tackled using different considerations for each kind:

  • Charities
    • Which one(s)?
    • How much?
  • Friends, former employees, etc.
    • Who?
    • How much?
    • Is there a gift-over if any are dead?
  • Grandchildren
    • Do you leave a sum directly to grandchildren or rely on the parents?
    • If there is a direct gift, how much?
    • At what age is it to be paid?
    • Can it be used for any purpose before payout?
  •  Spouse
    • If you are in a relationship other than your first, is there a marriage contract to consider?
    • How do you intend to benefit your spouse, if at all?
    • With respect to a spouse, you also need to be aware of the family law legislation and the rights it confers.
  • Children
    • Do any of your children present special concerns such as: not good with money, unstable marriage, failing business, illness, disability?

Estate Shrinkage

It is very important to know approximately how much money you have to plan with.

  • Estates shrink.
  • Often final income taxes are significant.
  • Then there are additional expenses that may include: commissions, fees, Estate Administration Tax (probate fees in the old days), funeral expenses and Trustee compensation and accounting fees.

REMEMBER…. If you run into speed bumps, call your lawyer to discuss the obstacles. There is no need to have everything figured out before you make the appointment.

FINALLY….  Communication is key. This is definitely not the time to keep family secrets. When in doubt, ask. Passing intergenerational wealth is the most important family business there is.

The foregoing is intended for information purposes only and is not legal advice.

Neighbours’ Night Out a Huge Success

June 19, 2013 in Latest Community News Blog, Real Estate Blog

Congratulations to the Neighbourhood Watch Captains of Northern Dancer, Winners Circle, Sarah Ashbridge and 1797 Queen St. East for organizing a fantastic event last night.  A special thank you to the many sponsors, including www.woodbinepark.net, for stepping forward to make the evening enjoyable for all of our neighbours.  The one-hour wait in the lineup for the Works hamburger was well worth it, as many of us got a chance to chat with each other as we moved slowly towards the barbecue.