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Real Estate Forecast for 2018: What to Expect!

Real Estate Forecast for 2018: What to Expect!

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Real Estate Forecast for 2018: What to Expect

As we head into a new year, the most common question we receive is, “What’s the outlook for GTA’s real estate in 2018?”

 

It’s not just potential buyers and sellers who care; current homeowners also want reassurance about the value of their investment. No one knows exactly what 2018 will bring, but we’ve outlined expert predictions on where the market is headed and how government interventions are expected to impact the Canadian housing market in the year ahead.

HOUSING PRICES WILL REMAIN HIGH IN URBAN CENTRES

Although the Toronto real estate market did experience a slowdown in 2017, housing affordability will remain a major issue in both Toronto and Vancouver in 2018. According to the Royal Bank of Canada’s most recent Housing Trends and Affordability Report, as of Q2 2017 it cost more than 75 percent (Toronto) and 80 percent (Vancouver) of median household income to cover the average cost of owning a home.1

In an effort to stabilize prices, both the Ontario and British Columbia governments enacted a 15 percent tax on foreign investments in housing. However, according to the PricewaterhouseCoopers report on Emerging Trends in Real Estate: Canada and the United States 2018, “Industry players are skeptical that recent tax moves … to curtail foreign investment will have a long term cooling impact on housing affordability in Toronto and Vancouver.”2

In its Canadian Regional Housing Outlook, TD Economics predicts ”The decline in sales activity in both Vancouver and Toronto has helped to redistribute the balance of power from a pure seller’s market, back towards buyers, as evidenced by the sales-to-listing ratios. But, first-time homebuyers sitting on the sidelines waiting for higher interest rates to trigger a market crash may be holding their breath for a while. Prices are likely to only reset back to levels that existed prior to a year of exorbitant gains.”3

The high cost of living has forced a growing number of millennials to seek alternatives to traditional housing. The 2016 census found 47.4 percent of young adults in Toronto and 38.6 percent in Vancouver live with a parent. PricewaterhouseCoopers predicts a rise in multi-generational and multi-family homes, a move towards larger condominiums to suit growing families, and a flight from urban cores as new public transit projects make commuting more feasible.2

What does it mean for you? If you’re a current homeowner, you can expect your investment to hold its value and continue to appreciate over the long term. And if you’re considering selling this year, contact us to request a free Comparative Market Analysis to find out how much you can expect your home to sell for under current market conditions.

If you’re a potential buyer who has been waiting for real estate prices to drop, don’t expect a fallout any time soon. Governmental bodies have taken steps to slow down skyrocketing prices, which has helped to balance the market. Now is a great time to buy. And if traditional housing options don’t fit your budget, we can help you find alternatives to meet your needs.

GOVERNMENT INTERVENTIONS WILL HELP TO STABILIZE THE MARKET

Skyrocketing real estate prices have caused Canadians to take on a growing amount of debt. The federal Parliamentary Budget Office (PBO) reports that the average household indebtedness is up to 174 percent of disposable income, and they predict it will reach 180 percent by the end of 2018. Coupled with rising interest rates, the share of income that will go towards debt payments is expected to reach historic proportions.4

Regulators at the Office of the Superintendent of Financial Institutions (OSFI) have attempted to curb the potential fallout with interventions, the latest of which went into effect on January 1. These new regulations raise the requirements for mortgage borrowers with down payments of 20 percent or more. They are now required to qualify for a mortgage at an interest rate two percentage points higher than their current rate to ensure they can manage payments when interest rates do inevitably rise.

A similar “stress test” was enacted in 2016 for borrowers who put down less than 20 percent, but that regulation impacted a much smaller percentage of buyers.

According to Jeremy Rudin, the head of OSFI, “We clearly see the potential risks caused by high household indebtedness across Canada, and by high real estate prices in some markets. We are not waiting to see those risks crystallize in rising arrears and defaults before we act.”5

All federally regulated financial institutions will be obligated to utilize these requirements for both new mortgages and mortgage renewal applications of borrowers applying to switch lenders. It is not mandatory to apply the test at mortgage renewal for existing borrowers. Since credit unions are regulated provincially, they are not required to follow the new OSFI rules, although some may choose to out of prudency.

What does it mean for you? With new rules in effect, if you’re a buyer, your purchasing power may be impacted. If you’re concerned you may not be able to meet these requirements, securing your mortgage through a credit union may be an option. We are following this issue closely. Give us a call so we can discuss how these new rules will affect your home search.

If you’re considering selling your home this year, these regulations could alter the type of buyer who will be willing and able to purchase your home. We have expertise in this area and know how to market your home to a changing demographic.

5 YEAR MORTGAGES WILL MAKE A COMEBACK

Expect interest rates to rise in 2018. Bank of Canada has indicated that borrowers should expect to see rate increases this year … and notably, nearly half of Canadian mortgage holders are set to renew their mortgages in the next 12 months. Combined with the new, more stringent “stress test” requirements, a greater number of homeowners will be opting for five-year-fixed rate mortgages over the historically popular variable rate mortgages.6

According to LowerRates.ca, “Since January 2014, 56% of Canadian borrowers who applied for a mortgage through LowestRates.ca have gone variable, compared with 43% of those who got a five-year fixed. But this past August, there was a shift, where the five-year-fixed rate mortgage saw a sharp increase in applicants, with 59% of users on the LowestRates.ca site opting for this option versus only 39% opting for the variable mortgage.”7

What does it mean for you? If you’re in the market to buy, act now. Rising interest rates will decrease your purchasing power, so act quickly before interest rates go up. Give us a call today to get your home search started.

And if you’re a current homeowner who is set to renew your mortgage, you may want to consider locking in a five-year-fixed rate. Contact us if you would like assistance navigating your options.

 

 

2018 ACTION PLAN

If you plan to BUY this year:

 

1.    Get pre-approved for a mortgage. If you plan to finance part of your home purchase, getting pre-approved for a mortgage will give you a jump-start on the paperwork and provide an advantage over other buyers in a competitive market. The added bonus: you will find out how much you can afford to borrow and budget accordingly.

2.    Create your wish list. How many bedrooms and bathrooms do you need? How far are you willing to commute to work? What’s most important to you in a home? We can set up a customized search that meets your criteria to help you find the perfect home for you.

3.    Come to our office. The buying process can be tricky. We’d love to guide you through it. We can help you find a home that fits your needs and budget, all at no cost to you. Give us a call to schedule an appointment today!

 

If you plan to SELL this year:

 

1.    Call us for a FREE Comparative Market Analysis. A CMA not only gives you the current market value of your home, it’ll also show how your home compares to others in the area. This will help us determine which repairs and upgrades may be required to get top dollar for your property … and it will help us price your home correctly once you’re ready to list.

2.    Prep your home for the market. Most buyers want a home they can move into right away, without having to make extensive repairs and upgrades. We can help you determine which ones are worth the time and expense to deliver maximum results.

3.    Start decluttering. Help your buyers see themselves in your home by packing up personal items and things you don’t use regularly and storing them in an attic or storage locker. This will make your home appear larger, make it easier to stage … and get you one step closer to moving when the time comes!

 

WE’RE HERE TO HELP

 

While national real estate numbers and predictions can provide a “big-picture” outlook for the year, real estate is local. And as local market experts, we can guide you through the ins and outs of our market, and the local issues that are likely to drive home values in your particular neighbourhood. If you have specific questions, or would like more information about where we see real estate headed in our area, please give us a call! We’d love to discuss how issues here at home are likely to impact your desire to buy or a sell a home this year. Please visit our website SnapHomes.ca for latest MLS listing and pre-construction Homes & Condos.

Can’t find what you are looking for? Contact us for Exclusive list of Pre construction Homes and Condos and our pocket listings for Land!
Sources:

1.     Royal Bank of Canada’s Housing Trends and Affordability Report –
http://www.rbc.com/newsroom/_assets-custom/pdf/20170929-ha.pdf

2.     PricewaterhouseCoopers Emerging Trends in Real Estate 2018  –
https://www.pwc.com/ca/en/real-estate/assets/Real_Estate_ETRE_2018_PDF.pdf

3.     TD Economics Canadian Regional Housing Outlook –
https://economics.td.com/canadian-regional-housing-outlook-aug-2017

4.     Office of the Parliamentary Budget Officer –
http://www.pbo-dpb.gc.ca/en/blog/news/HH_Vulnerability

5.     Financial Post
http://business.financialpost.com/personal-finance/stricter-osfi-rules-on-mortgage-lending-will-do-more-harm-than-good-fraser-institute

6.     Bank of Canada Financial System Review November 2018  –
https://www.bankofcanada.ca/wp-content/uploads/2017/11/fsr-november2017.pdf

7.     Maclean’s  –
http://www.macleans.ca/economy/money-economy/canadians-rushing-to-lock-down-five-year-fixed-rate-mortgages/

 

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365 Church Condos

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365 Church St Condos will be a 30-storey residential building comprised of a 3-storey podium and a 27-storey tower. The building would include 322 residential units consisting of 28 studio units (9%), 184 one-bedroom units (57%) and 107 two-bedroom units (33%). The remaining 3 units (1%) are 2-storey, two-bedroom grade related townhouse units along McGill Street. 365 Church Condos also includes 218 square metres (2,346.5 square feet) of ground floor retail space.

365 Church will include 161 car parking spacing in five levels of underground parking, and 225 bicycle parking spaces with 180 for residents and 45 for visitors.

365 Church Condos includes 601 square metres (6,469 square feet) of indoor amenity space on the third floor of the building, with an adjoining 122.6 square metres (1,313 square feet) of outdoor amenity space on the roof of the west side of the podium along Church Street.

Register for Floor Plans and Price List. It will be Available Soon!

 
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Posted by on June 10, 2013 in 1 Bloor, 3018 Yonge Condominiums, 3018 Yonge Condos, 32 Camden, 32 Camden Condos, 365 Church Condos, 707 Lofts, Allure Condos, Argento, Argento Condos, B.Street Condo, B.Street Condominiums, Beverly Hills Condos, Beverly Hills Condos & Resorts, Blythwood at Huntington, Bond, Bridlewood Mall, Cinema, Cloud, Cloud 9 Condos, Commercial, Commercial Real Estate, Condominiums, Diamond @ Don Mills, DNA3, DNA3 Penthouse, Don Mills, Dovercourt, Dream Tower, Dream Tower Condominiums, Dream Tower Condos, Eau Du Soleil, Eau Du Soleil Waterfront, Eau Du Soleil Waterfront Condominiums, Essential Condominiums, Essential Condos, Expo City, Expo City Condos, Flaire Condo, Flaire Condominiums, Food Court, Four Season Hotel, Grand Genesis condominiums, Grand Genesis Condos, Jade, Jade Waterfront, Jade Waterfront Condos, Karma Condos, L Tower, L Tower Condos, Lawrence Park, Leslie, Leslie Boutique, Leslie Boutique Condos, Lofts, Love Condo, Love Condominiums, Low Rise Homes, Luxury Homes, Luxury Townhomes, Madison Condominiums, Madison Condos, Monde Condos, Mount Joy, New Condominiums, New Condos, Nexus South, Nexus South Condo, No.210 Simcoe Condos, No.210 Simcoe Street, NXT Condos, NY Condominiums, NY Condos, O2 Condos, Oakville OpArt Lofts, office, One Bloor, One Bloor condominiums, One Bloor condos, OpArt Lofts, Oxygen Condos, paintbox, paintbox condo, Paintedbox, Paintedbox Candos, Perspective, Perspective Condos, Picasso Condo, Plaza, Pre Construction, Q Loft, Q Loft Condos, Rain, Rain Condos, Residential, Restuarant, Retail, Richmond Crossing, Richmond Hill, River City, River City2 Condos, Shopping Mall and Plazas, Shopping Plazas, Spectra Condo, Spectra Condominiums, Strip Plazas, The Beverly Hills Condos, The Bond, The Bond Condominiums, The Bond Condos, The Carlaw Condominiums, The Carlaw Condos, The L Tower Condos, The Madison Condominiums, The Merton, The Merton Townhome, The Station Condos, The Station Condos on the subway, Toronto New Condos, Tower, Town Homes, Townhome, Treviso Condominiums, Treviso Condos, Tridel Blythwood at Huntington, Tridel's Argento, Tridel's Argento condominiums, Tridel's Argento condos, Uncategorized, Vaughan, vaughan condos, Vero Boutique Condo, Vero Boutique Condominiums, Vintage Garden, Water Garden by Minto, Water Garden condos, Watermark Condos, Westwood Condominiums, Woodbridge, woodbridge condos, wycliffe, Yorkville Plaza, Yorkville Plaza condo

 

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Karma Condominiums

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At Yonge & College

Karma Condos is a 52 storey building located at the prime Yonge & College intersection. CentreCourt Developments has partnered with Lifetime Developments to co-develop a multi-use high-rise residential condominium at 21 Grenville Street.

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The Karma Condos is centrally located in downtown Toronto and is within walking distance of Toronto’s major employment districts, Ryerson University, Yonge Street shopping and numerous restaurants. The city’s major hospitals and University of Toronto are also within close proximity. Public transportation is in immediate proximity with the Yonge subway within one block of the site.

FEATURES & FINISHES

It’s all good. Living at the center of the city, happens to come with style. This statement if perfect urban living is designed by the vulnerable architectural firm aA. The lobby, amenities and modern interior designers at Cecconi Simone. Enter KARMA Condos.

KARMA AMENITIES

  • Fitness Centre/Steam Rooms: weight rooms, cardio equipment, yoga area and a spa-inspired change room facility with his and hers steam rooms
  • The Social: A Party room with a bar, projection screen, modern fireplace, and private dining room with a servery
  • Players Club: a pub-like bar with felted poker table, billiards and table-tennis
  • Rest Rooftop Terrace: an open-air outdoor terrace with lounge, canopy seating and BBQ facilities
  • Additional Amenities: Screening Room, Sound Room, Station K – Gaming Room

KARMA THE BUILDING

  • 24 hour, 7 day a week concierge
  • Security coded access fob for all residents
  • Concierge monitored underground parking
  • Two guest suites provided for residents’ use
  • Individual suite hydro metering
  • Environmentally controlled rainwater harvested for irrigation
  • Underground parking with security monitoring from concierge station
  • 4 custom-designed high-speed elevators serving all amenity and residential floors
  • Mailroom conveniently located beside front lobby

KARMA SUITES

  • A wide variety of unit types and sizes with ceiling heights of 9’ (excluding areas with dropped bulkheads)
  • Floor-to-ceiling glazing/window systems
  • Choice of designer selected engineered wood flooring in entry, corridor, kitchen, living/dining areas and bedrooms, from builder’s standard samples
  • Custom designed solid core entry door with security view-hole
  • Smooth finished ceilings throughout.
  • Contemporary sliding doors and/or swing doors to balcony, as per plan
  • TV/Telephone outlets in principal rooms
  • Thermostat controlled heating and cooling
  • Built-in smoke/heat detectors and in-suite water sprinkler system
  • In-suite controlled energy efficient air-conditioning   and energy recovery ventilation system
  • All suites protected under the TARION Warranty Coporation
  • Front loading stacked washer and dryer

KARMA KITCHENS 

  • Contemporary kitchen cabinetry custom designed by Cecconi Simone in a variety of materials and colours, from builder’s standard sample
  • Choice of natural or composite stone countertops from builder’s standard samples
  • Choice of glass backsplash from builder’s standard samples
  • One capped ceiling outlet, as per plans
  • Stainless steel under-mount sinks with integrated pull-out faucet head
  • Energy Star hidden cabinet covered refrigerator
  • Energy Star 24″ smooth top drop-in electric cook top
  • Energy Star 24″ stainless steel oven
  • Stainless steel microwave oven
  • Hidden cabinet covered dishwasher
  • Stainless steel hood fan with integrated halogen lights

KARMA BATHROOMS

  • Contemporary bathroom cabinetry, custom designed by Cecconi Simone, in a variety of colours and materials, from builder’s standard samples
  • Choice of natural or composite stone countertops, from builder’s standard sample
  • Choice of porcelain flooring, from builder’s samples
  • Designer top-mounted sink
  • White soaker tub with chrome faucets, as per plan
  • Glass shower stall with chrome fixtures, as per plan
  • Chrome accessory package including towel bar and toilet paper holder, where applicable.

Karma Condos Price List

*As per plan from Vendor’s Samples. Please see a Sales Representative for details.
*Prices and promotions are subject to change without notice.
 
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Posted by on June 10, 2013 in 1 Bloor, 3018 Yonge Condominiums, 3018 Yonge Condos, 32 Camden, 32 Camden Condos, 707 Lofts, Allure Condos, Argento, Argento Condos, B.Street Condo, B.Street Condominiums, Beverly Hills Condos, Beverly Hills Condos & Resorts, Blythwood at Huntington, Bond, Bridlewood Mall, Cinema, Cloud, Cloud 9 Condos, Commercial, Commercial Real Estate, Condominiums, Diamond @ Don Mills, DNA3, DNA3 Penthouse, Don Mills, Dovercourt, Dream Tower, Dream Tower Condominiums, Dream Tower Condos, Eau Du Soleil, Eau Du Soleil Waterfront, Eau Du Soleil Waterfront Condominiums, Essential Condominiums, Essential Condos, Expo City, Expo City Condos, Flaire Condo, Flaire Condominiums, Food Court, Four Season Hotel, Grand Genesis condominiums, Grand Genesis Condos, Jade, Jade Waterfront, Jade Waterfront Condos, Karma Condos, L Tower, L Tower Condos, Lawrence Park, Leslie, Leslie Boutique, Leslie Boutique Condos, Lofts, Love Condo, Love Condominiums, Low Rise Homes, Luxury Homes, Luxury Townhomes, Madison Condominiums, Madison Condos, Monde Condos, Mount Joy, New Condominiums, New Condos, Nexus South, Nexus South Condo, No.210 Simcoe Condos, No.210 Simcoe Street, NXT Condos, NY Condominiums, NY Condos, O2 Condos, Oakville OpArt Lofts, office, One Bloor, One Bloor condominiums, One Bloor condos, OpArt Lofts, Oxygen Condos, paintbox, paintbox condo, Paintedbox, Paintedbox Candos, Perspective, Perspective Condos, Plaza, Pre Construction, Q Loft, Q Loft Condos, Rain, Rain Condos, Residential, Restuarant, Retail, Richmond Crossing, Richmond Hill, River City, River City2 Condos, Shopping Mall and Plazas, Shopping Plazas, Spectra Condo, Spectra Condominiums, Strip Plazas, The Beverly Hills Condos, The Bond, The Bond Condominiums, The Bond Condos, The Carlaw Condominiums, The Carlaw Condos, The L Tower Condos, The Madison Condominiums, The Merton, The Merton Townhome, The Station Condos, The Station Condos on the subway, Toronto New Condos, Tower, Town Homes, Townhome, Treviso Condominiums, Treviso Condos, Tridel Blythwood at Huntington, Tridel's Argento, Tridel's Argento condominiums, Tridel's Argento condos, Uncategorized, Vaughan, vaughan condos, Vero Boutique Condo, Vero Boutique Condominiums, Vintage Garden, Water Garden by Minto, Water Garden condos, Westwood Condominiums, Woodbridge, woodbridge condos, wycliffe, Yorkville Plaza, Yorkville Plaza condo

 

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83 Sorauren Condos

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383 Sorauren Condos is a new, modern, stunning, and well-designed condominium project by Gairloch and Centrestone Urban Developments Inc. located at 383 Sorauren Avenue. This 11-storey boutique condo is coming to Roncesvalles. It’s a fresh approach to the traditional warehouse-style, with many unique private outdoor spaces. It’s a short walk to the best retail, restaurants and parks including Sorauren and High Park. And with easy access to the Gardiner, Bloor subway, and downtown core, 383 Sorauren Condos is sure to fit your urban lifestyle.

From The Mid $200,000s

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Important Message: In order for an investor to take the most advantage of Buying Pre-construction Condos is to buy before its open to the public. Prior to opening day of a new condo sales office to the general public, prices may have gone up. This will be an opportunity for you to invest in a unit at the lowest price possible before its open to the public. You can be one of the first purchasers to be invited to Platinum VIP Preview Sales Event long before the presentation centre opens to the public. This gives you an opportunity to have the first access to inventory, best pick at unit levels, floor plans, lowest price not available to the public and the ability to take advantage of Platinum VIP Condo Incentives the builder may offer.  This is a perfect opportunity at the Platinum VIP Price.

For more information and to register now for the 83 Sorauren Condos Platinum VIP Preview Sales Event please fill out the form below, we can only bring limited customers into the Platinum VIP Sales Event, so pre-register now for priority access:

 

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Casa III Condominiums

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Casa III Condominiums

Casa 3 Condos- the third phase of Yorkville‘s finest address. Following the spectacular success in 2012 of 1 Thousand Bay and Casa II, both of which are now under construction, Cresford is proud to announce the much-anticipated arrival of Casa 3 Condos, the next phase of sophisticated Yorkville living. Like Casa & Casa II, Casa III Condos will offer the right combination of location, luxury and value, with a great selection of suite designs at attractive prices.

**2 Years of Rental Guarantee or $8,000 Cash Back Limited time ONLY!

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Casa III Condos located at 50 Charles St. E. in the most celebrated neighbourhood of style and culture, unique blend of designer boutiques, fashionable restaurants, plush hotels and world class galleries.

The international signature of style and sophistication takes up residence in Yorkville. Following the spectacular success of CASA and CASA II, Cresford proudly introduces CASA III Condominiums, with lobby to be furnished with Hermès. Say oui to French-inspired elegance with a splash of bold colour and enticing designs. Come home to an alluring, Euro chic address and a lifestyle that truly celebrates joie de vivre – the joy of living!

With a vision to replicate the Bloor Street fashion mile, the forecourt of CASA 3 Condominiums will be transformed into an exciting, vibrant and pedestrian-friendly space, energized with 24/7 life and vitality.

Just steps away is the Royal Ontario Museum, displaying a fascinating collection of artifacts from around the world. Culture enthusiasts can experience a spectacular array of attractions mere minutes from home. Enjoy a new stage production at the Four Seasons Centre for the Performing Arts or admire the exquisite ceramic sculptures at the Gardiner Museum. Revel in eclectic art creations at the Frank Gehry designed Art Gallery of Ontario, only a short cab or subway ride away. Located in the cultural heart of Toronto, CASA III Condominiums is where you can enjoy the best things in life right at your doorstep.

Features & Finishes

AN ARCHITECTURAL LANDMARK

  • Sculptural 56-storey glass tower designed by Peter Clewes of architectsAlliance
  • Soaring 20′ lobby and two levels of inspired amenity spaces
  • Lobby overlooking a tranquil water feature
  • 24/7 resident dedicated concierge services
  • Two levels of recreational and entertainment amenities offering residents the ultimate lifestyle, including:
Outdoor pool
Four luxuriously appointed guest suites
Fully equipped fitness facility with dedicated yoga studio and his/hers change rooms
Large outdoor terrace with BB Q
Resident lounge
Multi-purpose area with catering kitchen for stylish entertaining
Billiards and games room
Hotel-inspired personal services including blow-dry bar, nail salon and massage studio**
Media room

INSPIRED SUITE INTERIORS

  • 9′ smooth ceilings in all suites*
  • Floor-to-ceiling windows with insulated double-glazed windows
  • Spacious wraparound balconies*
  • Choice of designer selected laminate flooring in all living areas*
  • Contemporary glass sliding doors*
  • Solid-core paint-finish entry doors with security view-hole
  • Modern profile painted base boards, door frames and casings
  • Designer-selected door handles and hardware
  • Built-in closet cabinetry*

CONTEMPORARY GOURMET KITCHENS

  • Open concept kitchen (island optional)*
  • Choice of contemporary cabinetry in a variety of styles and colours
  • Choice of natural stone or quartz countertops
  • Choice of ceramic tile backsplash
  • State-of-the-art stainless steel appliances including: fridge, dishwasher, microwave oven with integrated exhaust fan and stove
  • Under mount stainless steel sink with integrated pull-out faucet head
  • Designer-selected ceiling mounted light fixture

LUXURIOUS ENSUITE BATHROOMS

  • Choice of contemporary cabinetry in a variety of styles and colours
  • Marble countertops in master bathroom*
  • Cultured marble countertop with integrated basin in second bathroom*
  • Full height ceramic tile bathtub surround with tiled skirt and shower surround*
  • Choice of porcelain tile flooring
  • Designer-selected chrome finish bathroom hardware
  • Decorative wall lighting fixture
  • Wall-mounted frameless mirror

CONVENIENT LAUNDRY

  • In-suite laundry closet with stacked washer and dryer
  • Ceramic tile flooring

PEACE OF MIND SECURITY

  • Electronic communication system in lobby vestibule permits visitors to communicate with suite from entrances
  • Closed circuit cameras, panic buttons and high intensity lighting in parking garage
  • All main entrances and exits monitored with closed circuit television system
  • Remote control/access card for private garage access
  • Smoke and carbon monoxide detectors

ENVIRONMENTALLY RESPONSIBLE FEATURES

  • Garbage chutes to facilitate recycling
  • Visitor bicycle parking
  • Individual hydro metering
  • In suite thermostat controlled heating and air conditioning

STATE OF THE ART ELECTRICAL FEATURES

  • Pre-wired for cable TV, high-speed internet access and telephones*
  • Card and key access throughout all common areas
*As per plan
**Subject to change without notice, some conditions apply.
Colours and/or materials to be selected from Vendor’s standard sample packages Cresford Developments warranty backed by Tarion Warranty program for new construction The Vendor has the right to substitute other products and materials from those listed in this schedule, provided substituted products are of equal or better value.

Casa III Condominiums Platinum Agent Price List

BUILDING FEATURES

The international signature of style and sophistication takes up residence in Yorkville. Designed by award winning architects Alliance, Casa 3 Condos rises above the ordinary. The contemporary 56-storey glass structure is a true tribute to modern urban living. CASA III Condominiums comes fully outfitted with 24/7 concierge services and a soaring 20’ lobby overlooking a serene water feature and adorned with Hermès furniture.

LOCATION

Located in the heart of Yorkville, Canada’s quintessential luxury shopping and culture district, Casa III is surrounded by world-class elegance, designer label shopping, gourmet eateries, chic salons and spas and fine hotels. Culture enthusiasts can experience a spectacular array of attractions mere minutes from home. Walk a few steps to the Yonge/Bloor subway and be anywhere in the city. CASA III Condos’proximity to the subway makes it an ideal choice for students at U of T, Ryerson and many colleges. Between CASA III Condos’ luxury and location, you can rest assured that your suite will command premium pricing and rental rates. This is Yorkville at its finest, and its right outside your door.

SUITE FEATURES

  • 9’ smooth ceilings with floor to ceiling windows
  • Wrap-around balconies
  • Choice of designer selected laminate flooring throughout
  • Contemporary open-concept kitchen with stainless steel appliances
  • Choice of natural stone or quartz countertops in kitchen
  • Marble countertops in master bathroom
  • Cultured marble countertop with integrated basin in second bathroom
  • In-suite stacked washer/dryer
  • Communication system in lobby allowing visitors direct contact with your suite
  • In-suite thermostat controlled heating and air conditioning

AMENITIES

Lavish on not one, but two entire floors of amenities! CASA III Condominiums’ amenities offer residents the ultimate in entertainment and convenience, including:

  • Four luxuriously appointed guest suites
  • Hotel-inspired Spa, including blow-dry bar and massage studio
  • Billiards and Games room
  • State of the art Media Room
  • Resident lounge
  • Outdoor pool and dining pavilion
  • Party room and catering kitchen
  • Fully equipped fitness center with his/her change rooms

Price List and Floor Plans  are available upon request.

 

 

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No sharp dive in housing market says CIBC economist

According to a top CIBC economist, suggesting the anticipated housing decline will not be as sharp or as long as earlier projected because of immigration.

“It turns out fears of a long and sharp downturn in the housing market, are highly exaggerated and very premature,” said Benjamin Tal, deputy chief economist at CIBC. “In fact demographic forces will be supportive to real estate markets in the coming decade.”

Tal predicts immigration, which is responsible for most of the population growth, will be a major force impacting housing demand.

“What’s more, there is significant jump in the home ownership rate among immigrants as they pass the three-year mark,” said Tal. “In fact, after 10 years in Canada, the propensity among immigrants to own a house is higher than among native Canadians.”

While there will be a decline in the number of Canadians under the age of 25 and those between 45 and 54, those age groups account for a relatively small portion of home buyers, Tal writes in his latest Consumer Watch report.

By contrast, the number of Canadians between the ages of 25 and 35 – the age group that makes up the vast majority of first-time home buyers – will continue to rise, the report said.

“From a housing market perspective, what counts is not only the change in population of a given age group, but more importantly, the level of housing market activity among these groups,” said Tal. “In other words, the group that is most likely to buy a house will grow faster in the coming decade.” Source: Brokernews.ca

 
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Posted by on August 23, 2012 in Brampton, Builder's Home, canada wonderland, Cinema, City of Toronto, Cloud, Cloud 9 Condos, CN Tower, Commercial, Commercial Real Estate, Condo Prices Grow at Moderate Pace in Q2, Condominiums, Detach, Detached, Detached Homes, Diamond @ Don Mills, Don Mills, Dream Home, Dream Tower, Dream Tower Condominiums, Dream Tower Condos, E Condo, Florida, Florida Real Estate, Home, Home for in Pickering, Home For Sale in Richmond Hill, House, House for sale, hwy#7 outlet stores, Index, Kingshill, Kitchener, Kleinburg, Land Transfer tax, Lawrence Park, Leslie, Local at Fort York, Lofts, lot for sale, Love Condo, Love Condominiums, Low Rise Homes, Luxury Homes, Luxury Townhomes, New Announcement, New Canadian Mortgage Rule, New Canadian Mortgage Rules, New Condominiums, New Condos, New Construction, New Development, New Homes, Nexus South, No sharp dive in housing market, Oakville, office, One Bloor, Palace, Pan Am, Pan Am Games, Pan Am Games 2015, Perspective, Pickering Condos, pickering Homes, pickering Real Estate, Pickering Town Center, Pickering Town Centre, Pikcering Homes, Port Union, Port Union waterfront Festival, Pre Construction, Residential, Restuarant, Retail, Richmond Hill, Richmond Hill Real Estate, RIMS, Semi, Shopping Mall and Plazas, Shopping Plazas, Single Family Home, Strip Plazas, Sunset, Sunset Condos, Ten, Ten York, The Beverly Hills Condos, Toronto Housing, Toronto Land Transfer Tax, Toronto New Condos, Tower, Town Homes, Townhome, USA Cheap Real Estate, Vaughan, vaughan condos, vaughan mills mall, Woodbridge, woodbridge condos, Yonge St

 

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101 Erskine

Tridel now introduces 101 Erskine. This smartly tailored glass condo residence with a contrasting tonal profile is strategically tucked away, mere steps from the energy of midtown Yonge and Eglinton in Toronto. Yet this venerable neighbourhood  Walkscore is also just moments from the subway, prestigious shops and superb dining.

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101 Erskine’s modernist sensibilities are echoed in its clean linear exterior design and refined interiors: charcoal grey, white and clear glass, copper clad front entry, stunning lobby, rooftop terrace with infinity pool and outdoor fireplace lounge, sublime entertainment spaces with private courtyard, alfresco dining lounge, sleek fitness amenities, even a linear park walkway creating a link between Broadway and Erskine.

Elegant Studio, 1 bedroom, 1 bedroom plus den, 2 bedroom and 2 bedroom plus den suites with 9′ ceilings and 10 signature townhomes feature distinctively modern styling and finishes one would naturally expect from this coveted address. 101 Erskine. Anything but ordinary.

101 Erskine will be Rising to 32 storeys high and will accamodate 421 Suites and 10 Townhomes. Estimated completion Summar  2015.

101 Erskine Condos follows the amazing success of The Republic, which launched in 2007. Only four days after phase one of the community was launched, at 25 Broadway Avenue, phase two was launched at 70 Roehampton.

101 Erskine Condominiums is just one block north of Broadway Avenue and the brand-new high school. There will be a park walkway between the two avenues, adding to the community feel of the neighbourhood. 101 Erskine is also a “walker’s paradise” with a Walk Score of 95 out of 100, meaning that almost everything you could need — groceries, restaurants, parks, banking and more — is within walking distance.

Amenities: Fitness centre, party room, billiards lounge, fireplace lounge, concierge, yoga studio, theatre, sauna, infinity pool.

101 Erskine. Celebrating the richness of life.

By indicating your interest in 101 Erskine Condos at this early stage, you’ll be among the first to be invited to view Price List and Floor Plans and take advantage of coming in to our member circle.

 

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FAD Condos

 

Arrive in style. FAD : Fashion District Condos. Coming to a runway in the Fashion District, where Spadina meets Queen West. Fusing the Garment District along Spadina with the trend setting fashion scene of Queen West. The result is a hip, fashion forward residence FAD : Fashion District Condos, a stunning residence where style is its core.

Introducing FAD Condos, located at 170 Spadina Ave. Presented by Tri-win International, FAD Condos will be a contemporary tower that will add some cool yet respectful architecture to the corner of Spadina and Queen Street West. Designed by Wallman Architects, FAD Condos will do something we love: take a small pocket of underused land and transform it into something of which the city can be proud. FAD will raise 19 storeys on what was once a low-rise commercial building. The project will include 210 units, with just 44 parking spots in an underground garage.

Suites are starting in the $200,000s.

By indicating your interest in FAD Condos at this early stage, you’ll be among the first to be invited to view Price List and Floor Plans and take advantage of coming in to our member circle.

 

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HighPark Residences Condos

HighPark Residences Condos – Where Urban Living Meets Mother Nature! Situated across from High Park and steps to Bloor West Village. HighPark Residences will offer Condominium Suites and Urban Townhomes.

Suites start from mid $300,000s.

Daniels Corporation Proposed to build a staggered 14 storey condominium building at 1844 Bloor St W that would have 364 units. The parts of HighPark Residences Condos adjacent to a street would be 6 storeys high with commercial units on the ground floor along Bloor Street. Higher floors would be stepped up along the back and centre of the building to a maximum of 14 storeys.

By indicating your interest in HighPark Residences Condos at this early stage, you’ll be among the first to be invited to view Price List and Floor Plans and take advantage of coming in to our member circle.

 

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East Village Leslieville

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A modern interpretation of conventional towns creates a clean crisp form that speaks to today’s savvy urbanities.

The two building complex will contain 31 residential units with a number of underground parking spaces. Over half the townhome residences at East Village Leslieville have rooftop terraces with skyline views that overlook at green roof. Outdoor terraces facing south overlook lush greenery. An intimate passage way is created between blocks that define East Village Leslieville Towns.

The modern esthetic of East Village Leslieville Townhouses defines the living/dining and kitchen environments.

Townhouse style living from the low $200’s

 

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Important Message: In order for an investor to take the most advantage of Buying Pre-construction Condos is to buy before its open to the public. Prior to opening day of a new condo sales office to the general public, prices may have gone up. This will be an opportunity for you to invest in a unit at the lowest price possible before its open to the public. You can be one of the first purchasers to be invited to Platinum VIP Preview Sales Event long before the presentation centre opens to the public. This gives you an opportunity to have the first access to inventory, best pick at unit levels, floor plans, lowest price not available to the public and the ability to take advantage of Platinum VIP Condo Incentives the builder may offer.  This is a perfect opportunity at the Platinum VIP Price.

 

For more information and to register now for the  VIP Preview Sales Event please fill out the form below, we can only bring limited customers into the Platinum VIP Sales Event, so pre-register now for priority access:

 

 

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