RSS

Category Archives: Pan Am Games 2015

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

Advertisements
 
Comments Off on No sharp dive in housing market says CIBC economist

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

 

Tags: , , , , , , , , , , , ,

Condo Prices Grow at Moderate Pace in Q2

Condo Prices Grow at Moderate Pace in Q2

July 18, 2012Greater Toronto REALTORS® reported 6,435 condominium apartment transactions during the second quarter of 2012 – down by 2.6 per cent compared to 6,609 transactions reported in the second quarter of 2011. New listings for condominium apartments were up substantially on a year-over-year basis, climbing by 19 per cent in comparison to 2011.

“The condominium apartment market has been the best-supplied market segment in the GTA this year. Many condominium projects have completed over the past year and this has resulted in a substantial increase in listings and ultimately more choice for buyers,” said Toronto Real Estate Board President Ann Hannah. “The greater degree of choice in the condo market translated into a moderate rate of price growth compared to what was experienced in the low-rise market segment.”

The average price for second quarter condominium apartment sales was $342,212, representing a 3.2 per cent increase over the same period in 2011.

“Sellers seemed to be well-aware of condo market conditions in the second quarter. On average, units were priced in line with buyer expectations, with apartments selling for 98 per cent of the asking price in less than a month’s time,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. 6,435 6,609 Second Quarter 2012 Second Quarter 2011

 

Tags: , , , , , , , , , , , , ,

CANARY DISTRICT CONDOS

Canary District Condos is a new condo and townhouse project by Waterfront Toronto and Dundee Kilmer Developments Limited currently under construction at Front St E & Cherry St in Toronto. The project is scheduled for completion in 2016. Available condos/townhouses start in the low $200,000’s. The project has a total of 369 units.With the inimitable legacy of the Pan Am Games, The Canary District Condos offer buyers a rare chance to own a piece of Toronto history. Conveniently located at Front St E and Cherry Streets, an easy walk to public transit and a short drive to the Gardiner Expressway and Don Valley Parkway, they provide the very first opportunity for buyers to opt in to the brand new Canary District neighbourhood.
 

This slideshow requires JavaScript.

 

BUYERS GET $3,000 WHEN YOU BUY WITH US !

ALL CONTACT INFORMATION MUST BE COMPLETE IN ORDER TO ACCESS OUR VIP SERVICE & TO QUALIFY FOR SPECIAL INCENTIVES 

 

Tags: , , , , , , , ,

Tux Condos

 

 

 

 

 

Tux Condos is a new condominium development located at 357 King Street West. At the intersection of King Street West and Blue Jays Way, Great Gulf Homes builds state of art buildings in great locations and amenities.

Welcome to Great Gulf Homes’ Tux Condos

The ultimate fusion of Style & Substance! The masterful design by the talented Quadrangle Architects incorporates 242 suites in a modern 40-storey silhouette that captures the spirit of Toronto’s Entertainment District.

Step out your door and enjoy the fabulous shops and restaurants on King Street West; take in the sights and sounds of Toronto’s Show District or enjoy a short walk to the City’s best sports venues and sights. Like a beautifully tailored European Tuxedo, immerse yourself in the ultimate indulgences that Toronto has to offer! The art of condo living, redefined.

This slideshow requires JavaScript.

TUX CONDOS FEATURES + FINISHES

The building

  • Great Gulf Tux is a new approach to architectural design in the heart of the entertainment district, at the southwest corner of King Street West and Blue Jays Way, Toronto. The main entrance is off of Blue Jays Way.
  • Spectacular double-height lobby and extensive amenities designed by internationally-renowned and award-winning interior design firm, Figure 3. Amenities will be located on the 7th and 42nd floors. The 7th floor will include a juice bar, yoga room, weight room, cardio room and fitness room, his and her change-rooms, ping pong room, media lounge, private lounges known as “The Seven”, and an outdoor lounge equipped with seating. The 42nd floor will include the “Skytop Lounge” equipped with indoor seating, a dining room, bar, and washrooms. This floor also features an outdoor cabana deck with Highwater Pools, lounge seating, dining areas and barbeque.
  • 24 hour, 7 day a week concierge.
  • Executive porter.
  • Underground parking with security monitoring from concierge station.
  • Groundbreaking and innovative automated parking garage.
  • 3 custom-designed high-speed elevators.
  • Bicycle parking for residents and visitors.
  • Mailroom conveniently located beside front lobby.

The suites

  • Ceiling heights of approximately 9 ft. Ceiling heights are exclusive of bulkheads, which are required for mechanical purposes such as heating, cooling ducts, and sprinklers, as well as dropped ceilings in bathrooms.
  • Choice of designer-selected pre-finished engineered flooring throughout, except in bathroom and laundry areas, as per builder’s standard samples.
  • Laundry areas to be porcelain floor tile.
  • Solid core entry door with security view-hole.
  • Sliding or swing closet doors in bedrooms, as per plans.
  • Satin chrome lever door handles and hardware.
  • White wire shelving in all closets.
  • Insulated double-glazed, aluminum windows.
  • Stacked brand-name energy efficient washer and dryer with exterior venting in all suites, as per plans.
  • Emergency voice communications system, smoke, and carbon monoxide detector where applicable.
  • Pre-wired for cable TV and telephones.
  • Pre-wired for high-speed internet access provided with future ready technology features in all suites.
  • White “Decora” switches and outlets throughout.
  • Integrated Media Niche as per plan.

Cook

  • Contemporary kitchen cabinetry custom designed by Figure 3, in a variety of colours, from builder’s standard samples.
  • Solid surface stone kitchen countertop, from builder’s standard samples.
  • Glass backsplash, from builder’s standard samples.
  • S ingle bowl stainless steel under mounted sink with contemporary design faucet with integrated pull-out head.
  • Ceiling mounted track lighting.
  • Integrated counter-depth refrigerator, stainless steel slide-in electric range with convection oven, stainless steel microwave and integrated dishwasher.
  • Integrated hood fan insert.

Wash

[main wash in one bathroom suites]

  • Contemporary washroom vanity in a selection of colours from builders standard samples, featuring a white solidtech countertop basin.
  • Polished chrome side mounted faucet.
  • Full width mirror above vanity.
  • Recessed ceiling light(s).
  • Choice of porcelain floor tiles, from builder’s standard samples.
  • Frameless glass shower enclosures, as per plan.
  • Accessory package including towel bar and toilet paper holder, where applicable.
  • Full height white ceramic wall tiles in shower enclosure, from builder’s standard samples.
  • White toilet, and shower base as per plan.
  • ERV exhaust fan vented to exterior.
  • Pressure balance valve shower.
  • Wall mounted polished chrome rain shower as per builders plan.
  • Integrated wall accent featuring coloured glass.

Master Wash

[or second bathroom in two bathroom suites]

  • Contemporary washroom vanity in a selection of colours from builders standard samples, featuring a white solidtech countertop basin.
  • Polished chrome side mounted faucet.
  • Full width mirror above vanity.
  • Recessed ceiling light(s).
  • Choice of porcelain floor tiles, from builder’s standard samples.
  • Soaker tub, as per plan.
  • Accessory package including towel bar and toilet paper holder, where applicable.
  • Full height white ceramic wall tiles in tub enclosure, from builder’s standard samples.
  • White tub, and toilet as per plan.
  • ERV exhaust fan vented to exterior.
  • Pressure balance valve for tub.
  • Wall mounted polished chrome rain shower as per builders plan.
The builders
Great Gulf is a member of BILD (Building Industry and Land Development Association) of Toronto.
All suites protected under the Tarion Warranty Corporation.
Interior design consultation at Décor Centre on all finishes and colour packages included in purchase price.
All interior floor, wall finishes and materials are to be chosen with the assistance of the Builder’s Interior Design Consultant. All materials and other selections for which the Purchaser is entitled to make a selection are to be chosen from Builder’s samples, and are as per Builder’s specifications. Purchaser shall only be entitled to make such selections provided that the items are not already ordered or installed. All renderings are for illustrative purposes only and do not necessarily reflect actual finishes to be provided.
Sizes and specifications are subject to change without notice. E. & O.E.

 

*(Subject to availability). Premiums apply to floors, balconies, terraces and views. Please see a Sales Representative for details. ** Valid only on sales made on or before April 29, 2012

Suite Features

Ceiling heights of approximately 9 feet.*** Choice of designer-selected pre-finished engineered flooring throughout except in bathrooms and laundry areas. The Kitchens include contemporary kitchen cabinetry custom designed by Figure 3, in a variety of colours with solid stone kitchen countertops and glass backsplashes. Integrated counter-depth refrigerator, stainless steel slide-in electric range with convection oven, stainless steel microwave, integrated dishwasher and stacked brand-name energy efficient washer and dryer with exterior venting in all suites. In the bathrooms, contemporary washroom vanity in a selection of colours from builder’s standard samples, featuring a white solidtech  countertop basin, polished chrome side mounted faucet and choice of porcelain floor tiles.****

Building Features

Located in Toronto’s vibrant Entertainment District, Gulf TUX is 42 storeys of contemporary elegance. Designed by Quadrangle Architects in black and white with a passionate stroke of copper-hued detailing. A spectacular double-height lobby with 24/7 concierge and extensive amenities designed by internationally renowned and award-winning design firm,

Figure 3. The “42nd floor “Skytop” Amenities include the “Skytop Lounge” with indoor seating, a dining room and bar, outdoor cabana deck with hot and cold plunge pools, lounge seating, dining areas and barbeque. “The Seven” is where you workout, hangout and play games. Amenities on the 7th floor include juice bar, yoga room, weight room, cardio room,fitness room, media lounge, ping pong room, private lounges known as “The Seven” and outdoor lounge.

All prices, figures and materials are preliminary and are subject to change without notice E. &O. E. Note: All areas and stated room dimensions are approximate. Floor area measured in accordance with Tarion Bulletin #22. Actual living area will vary from floor area stated. April 17, 2012
*Please see a Sales Representative for details. ** Valid only on sales made on or before April 30, 2012.
***Ceiling heights are exclusive of bulkheads, which are required for mechanical purposes such as heating, cooling ducts and sprinklers, as well as dropped ceilings in bathrooms. **** As per plan from Vendor’s standard samples.
Admin Last Updating April 18, 2012
 

Tags: , , , , , , , , , , , , ,

Pan Am Games

Designs unveiled for Pan Am Games athletes’ village

This slideshow requires JavaScript.

TORONTO, Ont. – The design for the athletes’ village for the Pan American and Parapan American Games has been unveiled.

During the games, the area will house the thousands of athletes and coaching staff. After the games the it will be given a second life.

Officials are calling this a milestone in the development of the West Don Lands.

Toronto councillor Mark Grimes told 680News the village will transform the area.

“Very exciting time. This will be the biggest sporting event that not only Toronto but Canada has ever seen.  It’s double the size of the Olympics and to me it’s going to be absolutely fantastic for the city.”

The provincial minister responsible for the games, Charles Sousa, said a lasting legacy will be left behind.

“Hundreds of new, affordable housing units, hundreds of condo units, a brand new YMCA recreation centre.”

There will also be a new residence for George Brown College.

Pan Am silver medal winner Crispin Duenas told 680News, the athletes’ village will bring the unique and personal experience to the people of Toronto.

“For them to see the athletes, to be able to see them walking to their venues off of the bus,” said Duenas.

Ian Troop from Waterfront Toronto said the village will transform the community.

“This redevelopment will be the envy of the world,” he said.

The construction is also expected to create more than 5,000 jobs.

Construction is now underway and officials say they are on time and on budget.

Source: 680 News

 
Comments Off on Pan Am Games

Posted by on May 11, 2012 in Athlete, City of Toronto, Pan Am, Pan Am Games, Pan Am Games 2015, Sport, Toronto Housing

 

Tags: , , , , , , , ,

 
%d bloggers like this: