You are browsing the archive for 2017 January.

East End residents to reason candlelight burial in arise of lethal Quebec mosque shooting

January 31, 2017 in Beach Metro Community News

In a arise of a lethal sharpened during a Quebec City mosque final night, residents from a East End will be entertainment to weep a lives of those mislaid and uncover support to a Muslim community.

The shooting, which

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Pets needs resolutions, too

January 30, 2017 in Beach Metro Community News

Coming off some over lenience during a holiday deteriorate and entering a new year is a time when many of us guarantee ourselves that we will eat improved and get some-more exercise. While the pets are

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A January Like No Other

January 30, 2017 in Real Estate Blog

The semi detached two storey home in the Woodbine and Danforth area was nothing special, but as they say in our business, “it showed well.” It had two bedrooms, a finished basement, no parking, and it faced the railway tracks, a main line for GO and VIA trains. The asking price was set at $599,000 to attract multiple bids.

My team member Jennifer Scaife, had a client who put in an offer. Jenn was under the impression that she was one of nine offers, which she thought gave her a good chance of winning because her bid was more than $100,000 over asking.  However, when she arrived to present the offer, she was told there were 31 offers, yes thirty-one offers in the middle of January!  Jenn later said that if she had known there were that many offers, she would never have had her clients go through the exercise.

The house sold for $821,000. Recent sold comparables showed the value to be around the $750,000 mark.

There have been many stories like this all month. I recently listed a stacked townhouse in the Bloor and Lansdowne neighbourhood. The last sale for an identical unit was $462,500 this past summer so we brought ours onto the market at $469,000.  In one week we had an incredible 55 showings, plus another 25 groups of people through our two weekend open houses. On offer night seven potential buyers put in bids for the unit and it sold for $564,000. That’s $101,500 more than what the exact same unit sold for just six months earlier!

I have two different conversations or words of advice:

If you’re thinking of selling (and not buying again in the Toronto market), the time is now. There’s very little inventory and the chances of you cashing in big are very high.

On the other hand, if you’re trying to buy a property, be patient. Don’t get caught up in the hype, and stick to your budget. By the time March rolls around, the spring market will be in full swing and there will be many more houses on the market from which to choose. You may still have to compete against a few other potential buyers, but you won’t be up against 30 other offers, like Jenn’s clients.

Feel free to get in touch with me and we can chat about the best way for you to benefit in this market.

 

Des

Lentils lead a approach to good health

January 29, 2017 in Beach Metro Community News

As we start a tour into a New Year many of us start to anticipate changing a dishes we eat with a hopes of improving a peculiarity of life.

Yet, mostly opposing dietary information can make it formidable to

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Canada’s 150th birthday: What does it meant to us?

January 28, 2017 in Beach Metro Community News

On Jul 1, 1867, a Dominion of Canada – in my opinion, a biggest nation in a universe – was formed. For years we have been meditative about how we should applaud this fantastic anniversary – we have

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2016’s rescue pets: Where bellow they now?

January 28, 2017 in Beach Metro Community News

Happy New Year! –  it’s something we contend as good as hope. Unfortunately 2016 will go down in story as not such a happy one and we positively have the concerns about 2017. But my New Year’s resolution

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Curl adult with these plant books

January 28, 2017 in Beach Metro Community News

Well, there aren’t accurately a heck of a lot of matters that need courtesy in a “Horticultural Matters” dialect these days other than given to hulk tropicals that are watchful for a comfortable open day when they can

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Letters to a Editor

January 27, 2017 in Beach Metro Community News

Letter: Re: Stephen Wickens’ mainstay “Destination: Victoria Park Station?” (January 10, 2017)

There is a resolution for transit-oriented growth on a Victoria Park TTC hire parking lot that’s been right underneath a noses of a TTC and Build Toronto.

The

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Beaches-East York MP calls on supervision to decriminalize all drugs

January 27, 2017 in Beach Metro Community News

Beaches-East York MP Nathaniel Erskine-Smith wants a government’s drug process to go serve than a debate guarantee to legalize pot.

In an opinion square posted on Vice News today, a Liberal MP — famous for

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This year’s gardening forecast: brief stuff, indoor greenery

January 27, 2017 in Beach Metro Community News

We gardeners can feel très stylish this year. Haven’t we heard, dahlings? The colour of a year, announced by a Pantone Color Institute, is Greenery. It’s described as “a uninformed and zesty yellow-green shade that evokes

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