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Category Archives: New Construction

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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Express Condo

Express Condo

Express Condos is a new condo development by Malibu Investments Inc. currently in preconstruction at Wilson Avenue, Toronto. The development is scheduled for completion in 2021.

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Express Condos is the first condo of a large development project that will be situated on 2.8 acres along Tippet Road in the Wilson Heights neighbourhood of North York. It is the latest proposed pre-construction high-rise residential condominium, that will ascend 16 storeys atop a 6 storey U-shaped podium.

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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Panda Condo

Panda Condos is a new condo development by Lifetime Developments currently in preconstruction at 20 Edward Street, Toronto. Panda Condos has a total of 555 units.Panda Condos Located in center of Downtown Toronto where there is plenty of options for shopping, restaurants and entertainment. Yonge and Dundas is the part of downtown which is excellent in all scores. Cecconi Simon designed-infused suites Exquisite euro style kitchens Timeless bathrooms Convenient Laundry.Panda Condos Highlights:
-100/100 Walk Score
-100/100 Transit Score
-Toronto Eaton Centre right around the corner
-Endless Shopping and Eateries in the Bay Street Corridor
-Perfect for Students: Short Walk to Ryerson University, OCAD University, UofT.

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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The One Condo

The One Condos is a New Condo by Mizrahi Developments located at Yonge St & Bloor St, Toronto.

Steps away from the most popular restaurants in Toronto, endless transit options and everything else you love about Toronto sits The One Condos. A brand new creation by Mizrahi developments and Foster-Partners. This promises to be a memorable part of Toronto.

These 544 suites will become the heart and soul of the city, sitting at a stunning 84 storeys tall, One Bloor St West will transform into a cultural hub bursting with street energy and endless opportunities for you to live, work, and play.

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This building will become the second tallest in Canada next to the CN tower. The One is expected to have suites between 650 and 9000 sqft. Expected to launch in the Spring 2016, there will be no sharewalls meaning the consumer can customize their own unit. Amenities include 24/7 cleaning services, valet services, theatre rooms and much more.

Expect high-level retail at The One condos. World-class restaurants, fashion centres and other high-end retail tenants. The One will be a destination in the nexus of the city. The highest pedestrian count, vehicle count and the transit corner of Toronto, the One will be a destination in the public realm where all can congregate: similar to the Rockefeller Centre.

The One condo will become the second tallest build in Canada next to the CN tower. The One is expected to have suites between 650 and 9000 sqft.

The One Condos – an eighty story tower set to be placed 1,043 feet high. It is going to be an absolutely spectacular feet of engineering and architecture, especially with the famous Norman Foster behind its design. Its location is going to be at the intersection of two buzzing streets in the center of Toronto: 1 Bloor Street West at Yonge and Bloor. The intersection of these two main streets is currently inhabited by a deteriorating clothing store called Stollerys. This outdated fashion shop is set to be demolished and replaced by The One Condos and this news is most welcome to prospective residents and current inhabitants on both Yonge and Bloor.

 

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Things to know about disclosure and clauses

5 things to know about disclosure and disclaimer clauses

 

The basement floods after closing. Can the buyer sue the seller? The agreement contained wrong information about the property dimensions but also included a disclaimer clause. Can the buyer sue if there is a problem after closing? Do you need to disclose a murder that occurred in a home? These are not simple questions, but if you remember the following principles, you should be able to understand the law.

 


Here are 5 key lessons to remember:

1.    When there is a flood after closing, the buyer will have to prove that the seller knew about this defect and that it was serious or else that the seller actively concealed the defect from the buyer. It will also depend on whether the buyer conducted a home inspection and in the case of basement water, whether the seller actually finished the basement themselves. A buyer will have to prove that the seller must have known about the problem during their ownership. Buyers will have to take pictures of the damage and bring in an experienced contractor who will be able to look at the damage and then give an expert opinion, in court if necessary, that the seller either must have known about the problem or did work behind the walls to conceal the problem. If the buyer cannot prove this, they will likely not be successful.

2.    The defect must make the property uninhabitable or dangerous. This means that the defect must be so serious that the buyer may not be able to continue living in the property. This would include a foundation problem. It is not clear if this would include a disclosure that the property was previously used as a grow op, as it would depend on the extent of the operation and whether it was actually remedied according to accepted industry standards. It would also depend on whether the buyer could obtain insurance for the property. Suffice to say that if the seller does not disclose a minor basement leak, the buyer will not be successful suing about it after closing.

3.    The law is not settled as to whether a seller needs to disclose a property stigma, whether it is a murder, suicide or neighbourhood condition, such as a pedophile who lives next door. Most appraisers will tell you that this will affect a property’s value. However, it will still be hard to prove that this stigma would make the home uninhabitable and this is why many lawyers will tell you that you do not have to disclose property stigmas.

4.    If you advertise the boundaries of a property in a listing, can the buyer get damages or get out of the deal if it turns out the boundaries are incorrect? Will it make a difference if there is a disclaimer clause in the offer itself, saying that the information, while believed to be correct, is not guaranteed and should not be relied upon without independent verification? In most cases, if the disclaimer is there, the buyer will not be able to sue the seller for any damages and will need to make sure that they do their own proper due diligence in advance. The lesson for any buyer is to make sure that if there is a disclaimer present, that you check a survey of the property or make the deal conditional on your own independent verification of all boundary lines.

5.    If you have any concerns about disclosure, ask the sellers point blank if they have had any water in the basement, murders or grow houses on the property in the past, or insert a clause to this effect in your offer. The sellers then have to respond truthfully. Speak to the neighbours and ask if any repairs were done at the property during the past year or whether there are any other issues with the property that you should know about. Also ask the neighbours about anything peculiar going on in the neighbourhood, including asking about the neighbours on either side of the property you are interested in buying. A major reason sellers sell a home is simply to get away from a neighbour.

When you understand the rules about disclosure and properly protect yourself, you should be able to minimize any problems that could arise after closing.

Source: Mark Weisleder LLB

 

5 things to remember about chattels and fixtures

The buyer notices that the oven is not working when they do their final home visit, 2 days before closing. Can the buyer refuse to close or hold back money to repair the oven? These are just some of the questions that I receive from anxious buyers during the course of a home purchase.

Here are 5 key lessons to remember:

1. The buyer cannot refuse to close a real estate deal if an appliance is not working, or if there are minor damages on the property, unless the contract says so. What the standard real estate contract says is that the buyer can only refuse to close if there has been substantial damage to the property before closing. This would cover a house burning down or a major flood before closing, but would not cover a cracked window or appliance that is not working.

2. The buyer or the buyer lawyer is also not permitted to decide on their own to hold back money to complete any repairs, unless the contract says so. In my experience, sellers rarely agree to any clause in an agreement that permits a buyer to hold back money, for example, to make sure that the seller has completed any required repairs before closing. The problem is that in practice, buyers will typically say that they are not satisfied with the repairs and the holdback money cannot be released to anyone.

3. Here is my advice to settle repair or damage issues: get an estimate for the damage and then have your lawyer send it to the seller lawyer, offering to just settle the matter by the seller either fixing the problem before closing or the seller providing a credit equal to the estimate and the buyer fixes it themselves after closing. I am usually able to work this out with seller lawyers before closing. Unfortunately, if there is no settlement, there is no automatic right to hold back money and the buyer will be required to sue the seller in Small Claims Court after closing to get their money back. This is not a good solution for anyone, because of the time it takes to go to court to resolve this. Be reasonable and solve your problem.

4. What if the oven breaks down 2 days after closing? Unfortunately, the way the contract is written, the buyer does not get an extended warranty. The seller will typically only warrant that appliances and home systems will be working on closing, not after closing. Make sure that even if you are not moving in until a few days after closing that you go to your home immediately after closing and check to make sure that everything is working properly. If anything is not working or there is a damage, have your lawyer immediately contact the seller lawyer the next day about your issue. Also consider buying after sale insurance protection to cover your home systems and appliances. Canadian Home Shield is a company that offers this type of protection at a reasonable price.

5. Little things matter. If your seller is removing a chandelier, make sure they are required to replace it with a standard light fixture so you do not walk into a dark home on closing. If your seller is removing a TV bracket from the wall, make sure that they are required to fill in any holes that are created. Make sure you are to be given 2 full sets of keys, FOBs if a condominium, garage door openers and mail box keys. If the agreement is silent, the seller may only get you one set and it is costly to obtain a duplicate set, in most cases.

When you understand the rules about chattels and fixtures and properly protect yourself, you should be able to minimize any problems that arise after closing.

Source: RealProperty & Mark Weisleder LLB

 

 

Park Towers Condominiums at IQ

Park Towers Condominiums at IQ    

                                      Exclusive Project To My Clients Only

If you’re looking to reside in Toronto without the steep price tag, this project will answer your housing prayers. The new 24-storey development on the Queensway is a more affordable alternative, and is only a short drive away from Toronto’s downtown core.

The Park Towers Condominiums at IQ will include an east and west tower, both standing 24-storeys tall. The east tower will be home to 228 suites, and the west will hold 230. Once the project is complete, the master-planned community will feature seven towers and 1,200 residential units.

But there’s more to the new development than its affordability. The units are also spacious and boast tons of high-end features, like double-glazed windows to up energy efficiency.

If you don’t cook often now, prepare to soon. The kitchen will draw you in with its quartz breakfast bar, stainless steel major appliances and a ceramic backsplash. Other suite features are equally impressive. The bathroom, for instance, combines cultured marble countertops with elegant white accents.

The next phase of the highly successful IQ Condominiums, Park Towers – a masterpiece, park inspired community envisioned by the finest architects, designers, landscape architects and urban thinkers in the city. Intelligent living in Toronto in a master-planned community built around a lush green park and just steps to the TTC, IQ Condominium Residences are The Remington Group’s new luxury-green development at Islington and Queensway. Cleverly priced from the high $100’s.

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