Marina Bolletta FRI CRES REI ASP Broker of Record
Mark Tavares Sales Representative

416 947 0777

November 2010
Welcome to our newsletter for November 2010!

Did you know that 98% of all new rentals in the city came from investor-owned condos? No surprise with their strong economy, the Chinese are leading the pack. An interesting article from the Globe and Mail is below.

You'll also find our listing at Queen and Ossington - an affordable way to buy a house in the neighbourhood, a link to the One of a Kind Christmas Show and information about DNA3.

Marina and Mark
Chinese Stoke Toronto's Condo Boom



They have cash aplenty; they are in it for the long term, and they have taken the GTA real estate market by storm.

Chinese buyers have become by far the dominant force in the new condo market in the GTA.

Estimates of their impact suggest overseas Chinese investors, the 100,000-strong local community and the 20,000 to 25,000 Chinese citizens who are students resident in the Toronto area now account for anywhere from 25 per cent to 40 per cent of all new condos purchased here.

Click here for the full article

One of a Kind Christmas Show and Sale: November 25-December 5
   


The ever-popular One of a Kind show returns to the Direct Energy Centre later this month, with all the artisans you'd expect, plus some guest speakers.

If you buy your ticket online, you can save $2 - not a lot, but you can put it towards a purchase.

It's nearly impossible to wander the aisles and not find at least one unusual item for someone on your list - or yourself!

Click here for more information

DNA3 Units Released
   

DNA 3 promises to be one of the most attractive and sought after complex in King West.

Premium suites with breath-taking views are being released this week. Call us today at 416 947 0777 for a private viewing.

Market News
   
TORONTO, November 16, 2010 -- Greater Toronto REALTORS® reported 3,076 sales through the Multiple Listing Service® (MLS®) during the first two weeks of November 2010.

This represented a 16 per cent decrease compared to the 3,666 sales recorded during the same period in November 2009. Year-to-date sales amounted to 78,526 - up slightly from the 2009 total.

"The number of transactions remained high relative to new listings through the first half of November, promoting a healthy rate of price growth compared to last year," said Toronto Real Estate Board President Bill Johnston.

The average price for November mid-month transactions was $437,554 - up more than five per cent compared to the average of $415,066 recorded during the first 14 days of November 2009.

"Mortgage payments on the average priced home remain affordable in the GTA based.This is why the average selling price continues to increase," said Jason Mercer, TREB's Senior Manager of Market Analysis.

Click here for more

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Queen/Ossington!
5 Rebecca Street

Trendy Ossington/ Queen/ Art Gallery District. Walk To Trinity Bellwoods Park, Ossington Eateries & Queen Clubs/Drake Hotel. Attractive Urban Home, Bright And Spacious, High Ceilings, Hardwood Floors & Eat-In Kitchen Has A Walk-Out To A Private Courtyard.

Click here for the full listing
Leased! Liberty Village Live/Work Loft
17 Atlantic Ave Main



Prime Liberty Village, Main Floor Space, Light Industrial/Office Space Is Perfect For Artists Studio, Workshops, Warehousing. Live/Work Uses Allowed. Very High Ceilings. Surface Parking At Rear For 2 Vehicles, Front And Rear Doors And Drive-In Garage Door. Minutes Walk To Go Train And Ttc. Minutes Drive To Gardiner Expressway And Downtown.

Click here for the full listing
Storefront at Bathurst and Dundas
825 Dundas St. W.




We found this great storefront for our client at a busy intersection!
Sold! Detached family home in Bloor West Village
62 Runnymede Road



We found this prime home for our buyer.

Prime Swansea Location!!!Just Steps To Trendy Bloor West Village Shops, Restaurants And Subway. 3 Bedroom, 2 Bath Plus Sunroom And Den. Mutual Driveway With Detached Garage On Sunny West Side.

Sold! Single Family Home in
St. Clair West
89 McRoberts Avenue


Sold in 11 days for 96% of asking!

Spacious And Very Bright Family Home. Popular St. Clair West Neighbourhood. Renovated, Hardwood And Laminate Throughout, Roof Resurfaced 2009, New Windows & Doors 2010, Stainless Steel Appliances In Both Kitchens, Custom Built Garden Shed, Beautiful Back Yard And 4 Car Parking. Walk To Ttc, Schools, Earlscourt Park, Restaurants And Shopping.


Click here for the full listing
Urbanlife 2.0



Urbanlife Realty has joined the social media revolution!

You can now follow us on Facebook and Twitter, where we'll be posting up-to-date information on the housing market, mortgage rates and happenings in West Queen West, Liberty Village and King West!