Green Renos add up to healthy ROI
According to the Appraisal Institute of Canada, energy-efficient upgrades lead the pack among overall home renovations when it comes to adding value to the resale price of a home. A 2008 survey rated the type of heating system, heating system efficiency, windows and insulation among the top picks in terms of green upgrades that have a significant impact on the appraisal value of a house.
With a recovery rate of between 75 and 100 per cent, bathrooms and kitchens top the list as the home-reno superstars of ROI. Also, the longer you stay in the house, the greater the payback, especially if you're investing in some of the more expensive energy-efficient technologies.
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Toronto Life House of the Week: $2.1m for a Wychwood park stunner
Most of us like to peek into other people's homes, and Toronto Life allows us to do it with their home of the week - this one is $2.1 million and was constructed in 1990.
Built into the landscape, facing a pond and surrounded by lush greenery, this is basically Mole End writ large-only with the added benefits of central heating, electric lighting and an indoor garage (presumably to stop Toad from stealing the car). The exterior mimics the historic Arts and Crafts-style architecture of the neighbourhood, but the house was originally built in 1990 by architect Mel Mekinda, who has lived there ever since, so the interiors are sun filled, clean lined and contemporary (a painting in the dining room conceals a flat-screen TV).
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One of a Kind Spring Show:
March 30 to April 3
The One of a King Spring show comes to the Direct Energy Centre from March 30 to April 4.
While not as big as the Christmas show, there are a lot of terrific artisans with merchandise you can't find in stores.
Click here for more information |
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DNA3 Units Released
We've sold 10 units at DNA 3 so far!
There are a limited number of suites still available, but we think they'll be sold out before long.
DNA3 now offering a few selected suites fully furnished. Call us for details.
Call us at 416 947 0777 for a private viewing.
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Market News
TORONTO, March 3, 2011 -- Greater Toronto REALTORS® reported 6,266 transactions through the TorontoMLS® system in February 2011. This result was 14 per cent lower than the record sales reported in February 2010.
While not representing a record, February 2011 sales were 50 per cent higher than the number reported in February 2009 during the recession and slightly higher than the average February sales over the previous ten years.
"Continued improvement in the GTA economy, including growth in jobs and incomes and a declining unemployment rate, has kept the demand for ownership housing strong," said
Toronto Real Estate Board (TREB) President Bill Johnston.
The average selling price for February 2011 transactions was $454,423, which was more than five per cent higher than the average selling price reported in February 2010.
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Three Bedrooms, Two Baths at St. Clair and Oakwood
 We found this great home for our Buyer!
Splendid and well cared for home with 9 foot ceilings. Quiet, friendly street just steps from St. Clair West. Open concept, gleaming hardwood floors, plenty of storage space, spacious bedrooms, 2 lovely bathrooms and a finished basement. Great kitchen leads to wonderful deck and back yard. |
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Two Bedroom Raised Bungalow
1465 Sandgate Crescent
Sold for 100% of asking in just two days!
Convenient Location, Spacious Raised Bungalow, Dark Hardwood Floors. Property Has A Separate Side Door Entrance. Parquet Flooring In Basement Unit. Family-Sized Back Yard. Close To All Amenities.
Click here for the full listing |
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Three beds, two baths at
Royal York and Queensway
 We found this great bungalow for our clients!
Spacious & Clean Desirable 3+1 Bdrm Brick Bungalow With Separate Side Entrance And Kitchen In Basement.2-4Pc Ceramic Baths. Hardwood Floors.Lge Concrete Front Porch(5'3'X 26'7').Huge Wired Tandem Block Garage(40'10' X 12'2')Ideal For Hobbyist.Large Yard.Steps To Mimico Go Train,Ttc & Gardiner Expwy.Steps To Grand Park Ave & Montessori School. |
Rental Corner: Leased!
128 Strachan #1
Spacious and modern townhome in King West, 1418 square feet. Livingroom/Diningroom are open concept design. Modern kitchen has granite countertops and an extra large storage/pantry room. Family room (wall-mounted TV included) has a walk-out to a large deck that allows for barbeque use. (Patio furniture included) Master bedroom has a double door entry walk-in closet with custom designed built-ins. 2 full washrooms, ensuite laundry room, wood floors throughout, private built-in garage, new carpeting on stairs and plenty of storage space. Walk to King and Queen Streetcar, parks, shopping and Queen West attractions. 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!
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