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Category Archives: Market Watch

Guildwood Condominiums

Guildwood Condominiums is a new condo development by Scollard Development Corporation currently in preconstruction. The development is scheduled for completion in 2018. Sales for available units range in price from $299,900 to $699,900. Guildwood Condominiums has a total of 112 units, sizes range from 511 to 1432 square feet.

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BUILDING FEATURES Smooth ceilings throughout with 9’ ceiling heights on floors 2-6 and 10’ ceiling heights on ground and 7th Floor Low E double pane windows Selected suites feature balconies and terraces as per plan Virtual concierge service In suite sprinkler system Smoke and carbon monoxide detectors in each unit where required by Ontario Building Code. Closed circuit security cameras throughout parking garage and at access doors for added safety. Enterphone system in lobby vestibule for visitors to contact residences directly to gain admittance. Controlled door access throughout common areas with computer access key fobs. Personal remote transmitter for parking garage access provided with each parking space. Underground parking and locker storage with security cameras in the garage area along with parabolic mirrors in the underground parking areas. Heated parking ramp to prevent icing. Underground garage is ventilated and protected by a fire sprinkler system for added safety and protection. Fire safety system in accordance with the current Ontario Building Code for safety. Underground garage lit with fluorescent lighting and light painted walls. Wall mounted “panic” button installed in various locations throughout the underground garage. Waste management and recycling system with garbage tri-sorter chute access on each floor. Professional landscaped grounds on site property. Move-in area with direct access to elevator for convenience. 2 elevators servicing all parking and residential levels. UNIQUE SUITE FEATURES Solid core suite entry door with lever handle lockset, dead-bolt lock and guest viewer with metal frame and wood casings and paint finish. Contemporary laminate flooring in foyers, hallways, living room, dining room, kitchen, den and bedrooms from Vendor’s finish packages, including transitional strips in doorways as per plan. Interior doors with brushed nickel-finish lever hardware as per plan. 4’ baseboards with corresponding 2’3/4 casings painted with Vendor’s semi-gloss latex white paint. Interior walls and ceilings primed with off-white paint. Semi-gloss off white paint on all trims. Bathrooms, Kitchen and Laundry areas are painted with latex white semi-gloss paint. White painted smooth ceilings in all areas with Vendor’s standard white paint. White decora style switches and receptacles where applicable as per plan. Ceiling light fixtures in foyer and/or hallways, kitchen and dining room as per plan. Sliding closet doors or slab swing door in bedrooms and foyer as per plan. Poured concrete finish to all balconies; terraced units to receive patio pavers. Painted underside to all balconies. Outdoor balcony or terrace with one electrical outlet as per plan. Sliding glass doors or swing door to outside balcony or terrace as per plan. Aluminum awning windows as per plan. CHEF-INSPIRED KITCHENS Choice of contemporary style cabinets and quartz countertops from Vendor’s finish packages. Glass tile backsplash. Oversized single stainless steel undermounted kitchen sink. with single lever chrome pull down faucet with pull out spray. Exhaust fan in kitchen over the stove. Overhead lighting in kitchen. APPLIANCE PACKAGE Counter depth stainless steel bottom freezer fridge. Slide in stainless steel self-clean range. Built-in stainless steel dishwasher Full size stackable washer/dryer including heavy duty wiring and receptacle for dryer. Stainless steel microwave oven with exhaust over the range. *Size details to be added based on plan. BATHROOM FEATURES Custom designed cabinets from Vendor’s finish packages. Porcelain tiles for bathroom floors with ceramic tiles for bathtub and shower enclosures from Vendor’s finish packages. Acrylic soaker tub as per plan. Shower stalls completed with full height ceramic tile surround and semi frameless glazed shower door as per plan. Vapour proof ceiling mounted pot light over tubs and showers. White bathroom fixtures throughout. Single lever chrome faucets in vanity sink. Quartz vanity tops with undermount basins Vanity mirror and decorative light fixture. 2 Pot lights. Dual-flush, white ceramic water closet. Exhaust fan in all bathrooms vented to the outside. Privacy locks on all bathroom doors. Temperature balance valves for tub and shower. MULTI-MEDIA Pre-wired outlets for cable TV in living room, bedrooms, and den as per plan. Hi-speed internet connectivity in every suite. Telephone outlets in living room, kitchen, bedrooms, and den. Wi-Fi connectivity in selected amenity areas. MECHANICAL / ELECTRICAL / WASTE MANAGEMENT Dedicated heat pump unit(s) as per plan with a dedicated heated/cooling thermostat. Individual climate control suite heating and air-conditioning. Individual metering of in-suite electrical consumption. Domestic water meters dedicated for hot and cold water. Dedicated electrical meter. Pre-wired for personal encoded stand-alone intrusion alarm system. Suite equipped with emergency voice communication system. Switch controlled split outlets in living room and bedroom as per plan.* Electrical copper wiring with circuit breaker service panel. HOMEOWNERS LEVELS OF PROTECTION One year warranty on the workmanship and materials. Tarion Warranty Corporation New Home Warranty Protection, as per Tarion Guidelines. Manufacturer’s warranty on appliances.

All information, prices, terms and conditions subject to change without notice. E. and O.E.

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Oak & Co Condos

Oak & Co. Condos is a new condo development by Cortel Group currently in preconstruction. The development is scheduled for completion in 2020. Sales for available units range in price from $360,318 to over $605,820. Oak & Co. Condos has a total of 750 units, sizes range from 540 to 989 square feet.

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Oak Park is one of the residential neighborhoods in Oakville that boasts of charming, friendly and urban-style architecture. It has a friendly and casual ambiance that is welcoming. Oak Park is lively, warm and welcoming. The community that lives in this area is exciting and superb. In addition, the area has exceptional facilities that you will find amazing if you choose to live in Oak and Co condos. The area boasts of shops, restaurants, trails, parks and a walkable neighborhood.
Oak Park has a number of condominium options that ranges from affordable living such as 1 bedroom condos, spacious suites and apartments. It also offers double garages and family friendly townhomes. Also, Oak Park area offers a moderate lifestyle that is worth exploring.

Click Here To Register To Get Pricing & Floor Plans

All information, prices, terms and conditions subject to change without notice. E. and O.E.

 

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Pickering New Homes

New master plan community of 25,000 homes in high demand area of Pickering. Mixed of Freehold Townhomes and Detached Homes. Starts from $700’s upto 3500 sqft. Occupancy date between 2019-2020. For limited time receive up to $15,000 in upgrades. Please contact for detail.

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It’s also a central component of a landmark vision that will transform north Pickering. When Seaton is completed, it’s estimated that there will be 35,000 jobs created right in the community, as well as 70,000 total residents.
Not to mention all the parks, schools, hiking trails, shopping and dining amenities you’ll need to make this an amazing place to call home.

So when you choose to live in Pickering, you’re also choosing to live at the heart of the GTA’s most visionary new lifestyle community.

Click Here To Register To Get Pricing & Floor Plans

 

All information, prices, terms and conditions subject to change without notice. E. and O.E.

 

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GTA REALTORS® RELEASE MONTHLY RESALE HOUSING FIGURES

TORONTO, November 3, 2012 – Greater Toronto Area REALTORS® reported 6,896 transactions through the TorontoMLS system in October 2012 – a decrease of 7.1 per cent compared to October 2011. There were two more business days in October 2012 versus October 2011. On a per business day basis, transactions were down by 15.6 per cent.*

“Sales have decreased in the second half of this year compared to 2011, especially since the onset of stricter mortgage lending guidelines at the beginning of July. The prospect of higher monthly mortgage payments due to the reduced maximum amortization period has prompted some households to delay their home purchase,” said Toronto Real Estate Board (TREB) President Ann Hannah.

The average selling price for October transactions was $503,479 – up 6.2 per cent compared to October 2011. The MLS® Home Price Index composite benchmark price, which allows for an apples-to-apples comparison in terms of home attributes, was up by 5.1 per cent.

“We continue to see price increases well above the rate of inflation. Active listings have remained low from a historic perspective, so substantial competition between buyers still exists, especially for low-rise homes,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

“It should be noted, however, that the annual rate of price increase has been edging lower over the past few months as the market has gradually become better supplied,” continued Mercer.

*NOTE: The majority of transactions are entered into the TorontoMLS system on business days. There was a mismatch of two business days in September and October of 2012 compared to the same months last year. This is why sales on a per business day basis were noted in releases dealing with these months. The business day anomaly between the two months has now balanced out Summary of TorontoMLS Sales and Average Price – October 1 – 31
2012 2011
       Sales  Average Price New Listings Sales Average Price New Listings
City of Toronto (“416”) 2,730 $539,188 5,568 3,044 $518,248 5,166
Rest of GTA (“905”) 4,166 $480,078 7,486 4,381 $443,664 7,140
GTA 6,896 $503,479 13,054 7,425 $474,241 12,306
TorontoMLS Sales & Average Price By Home Type – October 1 – 31, 2012
Sales Average Price
416 905 Total 416 905 Total
Detached 931 2,417 3,348 779,484 573,598 630,850
Yr./Yr. % Change -7% -1% -3% 5% 8% 7%
Semi-Detached 347 458 805 575,618 390,459 470,273
Yr./Yr. % Change -4% -9% -7% 7% 5% 6%
Townhouse 286 775 1,061 453,477 357,237 383,179
Yr./Yr. % Change -10% -1% -3% 2% 5% 3%
Condo Apartment 1,141 427 1,568 358,741 286,138 338,969
Yr./Yr. % Change 14% 20% -16% -2% 4% 0%
 

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