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Category Archives: Toronto Housing

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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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

 

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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The Yorkdale Condo

THE VIP SALE is on right now. Please register before this project is SOLD OUT

Now you can live at The Yorkdale Condos. Inspiring Residences next to Yorkdale Mall, the TTC and 401. The Yorkdale is convenience, comfort, luxury, extravagance, premium and privilege. Known as Canada’s premier shopping destination, Yorkdale Shopping Centre is home to some of the most prestigious boutique shops and major retailers in the world, but Yorkdale is about more than just shopping. It’s a total lifestyle experience — the perfect synergy of luxurious living, dynamic energy and instant accessibility in one irreplaceable location. Now, located at the south end of Yorkdale Shopping Centre, flanking Allen Road, The Yorkdale Condominiums is comprised of two stunning residential towers that reflect the vibrant urban energy of this distinctive location. The Yorkdale Condominiums give you the chance to
enjoy the best of residential living in mid Toronto. Enjoy gourmet restaurants, exciting entertainment and unbeatable urban convenience with TTC Subway, Allen Road, Hwy. 401 and the many shops of Lawrence Avenue all right at your front door. The Price starts from 169,900.    Click here for Brochure.        Click here for Floor plan and price list

Yorkdale

The Yorkdale Condominiums consists of two buildings both 15 stories high and approximately 300 units each. Designed by award-winning KPMB  Architects, with interiors by Page+Steele/IBI Group and landscaping by PUBLIC WORK. The Yorkdale Condominiums is located in Lawrence North – which is the first phase of the 100 acre master planned community has parklands, cycling and walking paths. Close by the the Yorkdale Shopping  Mall with top designer shops and gourmet restaurants. Steps away are the Yorkdale Subway Station which connects you to different universities in Toronto such as U of T, Ryerson University and York University. Also close by is the Allen Road and Hwy 401.

Lawrence North is the first phase of an urban renaissance.

Located just south of Yorkdale Shopping Centre, The Yorkdale Condominiums is located in Lawrence North – which is the first phase of the 100 acre master planned community. Anchoring Lawrence North is the proximity to Yorkdale Shopping Centre, steps to TTC subway access, Allen Road/401, transit access, and new parks, walkways, and bicycle paths. At its centre, Lawrence North will include a beautiful new 3 acre neighbourhood park framed by new tree lined streets. Lawrence North is being developed by a private/public partnership, including a 45.9 million public investment in new infrastructure, a new network of local streets, utilities and parkland. In addition to The Yorkdale Condominiums, the community will feature a wide range of over 250 townhouses.

Deposite structure

FEATURES & FINISHES THE FOLLOWING IS INCLUDED IN THE PURCHASE PRICE AND IS STANDARD TO ALL SUITES:
• Wide plank wood laminate flooring throughout foyers,kitchens, living and dining areas.
• Carpet in bedrooms.
• Porcelain tile flooring in bathrooms.
• Kitchen cabinets feature choice of two tone packages (dark lowers and fridge cabinet with white horizontal look uppers) or an all-white package with horizontal look uppers.
• Kitchens feature granite countertops, glass tile backsplash, single under-mount stainless steel sink, chrome single-hole lever faucet and chrome hardware.
• Appliance package includes a counter depth 24” stainless steel fridge, 24” electric stainless steel slide in range, 24” stainless steel dishwasher, 24” stainlesssteel under cabinet hood vent, and an appliance ready shelf in upper cabinets.
• Bathrooms include a vanity, stone countertop, chrome single lever faucet, under-mount white sink, and a white single flush two piece toilet and chrome hardware and accessories.
• Matching tile tub surround, tile shower wall (as per plans)
• Tile feature wainscoting behind vanity and toilet in suites with a single bathroom and in the master bathroom of two and three bedroom suites.
• Feature shelf above vanity and toilet between wall and tub or shower (as per plans) in suites with a single bathroom and in the master bathroom of two and three bedroom suites.
• Bathrooms with tubs only have a shower head, valve and diverter, and tub filler.
• Bathrooms with walk-in showers only (as per plans) have a shower head and valve.
• Custom framed mirror in all bathrooms.
• Approximately 8’ ceiling heights  in all main living areas except where bulkheads occur.
• Smooth plaster ceilings in foyers, kitchens, living and dining areas.
• White stacked apartment size washer and dryer.
• Painted drywall walls, flush/slab interior doors and baseboards.
• Individually controlled fan-coil heating and air-conditioning.

 

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A FULL RECOVERY AND NEW MILESTONES FOR TORONTO’S CONDO MARKET IN Q2

TORONTO – July 25, 2014:  Urbanation Inc., the leading source of information and analysis on the Toronto condominium market since 1981, released its Q2-2014 market results today.

A total of 5,992 new condominium apartments were sold in the Toronto CMA during Q2-2014, representing the third highest volume of activity for a second quarter behind 2011 and 2007 and a 56% year-over-year increase from a post-recession low in 2013. The 12-month total for new condo sales reached 18,463 — directly in line with the 10-year annual average.

Price growth remained consistent with recent quarters, coming in at 2.8% annually to an average index price level of $554 psf in Q2. Pricing for unsold units continued to hold steady, growing by less than one percent to an average of $570 psf.

“The new condo market has performed well above expectations in the first half of the year, reflecting a sharp rebound in buyer confidence, a number of highly attractive new openings and a variety of incentives for existing inventory” said Shaun Hildebrand, Urbanation’s Senior Vice President.

“While sales have heated up, prices have remained in check due to competitive supply pressures and an absence of short-term speculation on the part of buyers” added Hildebrand.

The industry reached a new milestone during the second quarter by surpassing the 100,000 unit mark for projects in active development. Out of the 105,027 units in the pre-construction, under construction and occupancy phases, 18,744 units were unsold — above historical averages but down 3% from a year earlier. The share of total units sold reached a 10-year high of 82%.

Resale condominium apartment sales hit a record high of 5,238 units in Q2-2014, up 12% from a year ago. Listings also reached a new high of 11,246 listings, growing by a slightly slower pace than sales at 10%. As a result, resale market conditions tightened with the sales-to-listings ratio rising to 47% — just below the 50% boundary between a balanced and sellers’ market. Prices for resale condos grew by 3.4% year-over-year to an average of $427 psf, also a record high.

Source: urbanation Inc.

 
Comments Off on A FULL RECOVERY AND NEW MILESTONES FOR TORONTO’S CONDO MARKET IN Q2

Posted by on July 25, 2014 in condo units available for occupancy, Condominiums, New Announcement, New Condominiums, New Condos, New Construction, New Development, New Homes, News, Pre Construction, Renting, Residential, Toronto Housing, Toronto New Condos

 

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X2 Condos

Qr  X2

 

X2 Condos is one of the best investment condos downtown. X2 Condos is the second phase of X The Condominium, and is located on the south side of Charles Street, one block south of Jarvis and Bloor. Prices are starting at just $533 per square foot, with the average price for the building being approximately $595 per square foot.

Suite Features

Ceiling heights of approximately 9 feet. Luxurious finishes include a choice of designer-selected pre-finished engineered flooring in living/dining areas, kitchen and foyer. Porcelain floor tiles in the bathroom. Contemporary kitchen cabinetry custom designed by internationally renowned interior design firm Cecconi Simone. Choice of granite or corian countertops. Stainless steel appliances including counter-depth refrigerator, self-cleaning range, built-in dishwasher and microwave. Stacked brand-name washer and dryer.

 

Building Features

X2 is a dramatic 49-storey building featuring a double-height lobby designed by Cecconi Simone with 24/7 concierge service. “The Core” on the 9th floor will include yoga / aerobic / pilates room, his and hers steam and change rooms, cardio room, weight room, fitness training room, billiard room, kitchen / dining / bar lounge area, piano lounge and pool side library / lounge. This floor opens onto a spectacular roof garden designed by acclaimed landscape architect Janet Rosenberg + Associates. This area will include an outdoor swimming pool, seating, sunning area and trees. It will be like a resort in the city!

 

 

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 06, 2013. *Please see a Sales Representative for details.
Admin Last Updating April 23, 2013

Model Hayes Includes Parking and Locker, Deposit for this Unit 3803 is 10% For all Other Units:

5% Deposit ( and 1% on Occupancy)

$5000 with Offer

Balance of 5% in 30 Days

1% on Occupancy    

Models Manuel and Montoya get: $15,000 Discount off the top of the price plus Free locker

All 2Story Suites get: $15,000 Discount plus 1 Parking and 1 Locker included in the purchase price

Floorplans are not to scale and is subject to architectural review and revision, including without limitation, the Unit being constructed with a layout that is the reverse of that set out above. All materials, specifications, details and dimensions, if any, are approximate and subject to change without notice in order to comply with building site conditions and municipal, structural, Vendor and/or architectural requirements. Actual floor area may vary in accordance with Bulletin 22 published by the Tarion Warranty Corporation. Bulkheads are not shown on floorplans and may be located in areas of the Unit as required to provide venting and mechanical systems. Balconies, Terraces and Patios if any are exclusive use common elements, shown for display purposes only and location and size are subject to change without notice. Window location, size and type may vary without notice. E.&O.E.

 

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