Marina Bolletta FRI CRES REI ASP Broker of Record
Mark Tavares Sales Representative   
416 947 0777


June 2011

Welcome to our newsletter for June 2011!
 

Have you ever been to your condo's AGM and wondered how some people got on the board? You're not alone. Two large condo associations want the Condo Act updated to raise the bar on the quality of directors. The article is below. 

 

The Toronto Jazz festival starts on June 24th with a performance by Aretha Franklin - scroll down for details.

 

Have a wonderful summer!

 

Marina and Mark

Condominium Act needs overhaul, critics say
   

 

To be a director of a condominium board in Ontario, you have to be 18-years of age, mentally competent and not be an undischarged bankrupt.

 

But as condominiums become an increasingly important lifestyle choice in the province, two of the largest condominium associations want to raise the bar on the quality of directors by making sure that education becomes a requirement under the now decade old Ontario Condominium Act.

 

"Given the large responsibility borne by directors often dealing with assets worth many millions of dollars, and that most often they are volunteers without a specific skill set for governance of a condominium corporation...all new directors regardless of their educational and professional background attend an introductory directors' condominium course to ensure basic knowledge," says a proposal to be released on June 1 and obtained by The Star.

 

Click here for the full article

TREB moving ahead with new technology  

 

Buying a home is one of the most important financial decisions most of us will ever make and fortunately, a number of different types of professionals, including realtors, are available to help you make informed decisions throughout your transaction. In turn, various associations, like the Toronto Real Estate Board (TREB), exist to foster the efforts of these professionals.

 

Next month, as a result of several years of extensive planning, the labeling of TREB's 86 MLS districts will evolve from alphanumeric codes to a system based on actual geographic areas. This was undertaken to allow realtors to offer you more precise statistical snapshots at the community level and to achieve more widespread recognition of districts amongst consumers.

 

Click here for the rest of the article

Toronto Jazz Festival:
June 24-July 3
    


Aretha Franklin is opening the 2011 Toronto Jazz Festival on Friday, June 24th!

 

Other highlights include Molly Johnson and the Count Basie Orchestra, Nikki Yanofsky, Alex Pangman and Branford Marsalis.

 

Click here for more information

DNA3 Units Released
   

We've sold 15 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.

GTA home prices and sales rise in May


Greater Toronto Area home sales and prices increased in May, making it the second best month ever on record, according to figures released Friday.

 

The Toronto Real Estate Board reported (PDF) 10,046 sales, up six per cent from May of 2010.

Average prices were also up by 9 per cent to $485,520, compared with $446,593 in 2010.

 

Strongest price growth was for single-detached homes in the City of Toronto.

 

"The market has become much tighter compared to last year due to a substantial dip in listings," said TREB President Bill Johnston.

 

Click here for more



One Bedroom with Balcony and Locker

140 Simcoe St. #1506


 

Downtown living at its finest at University Plaza. Sub-Penthouse, one bedroom, balcony and locker. Laminate flooring throughout and bathroom has marble flooring and tub surround. Kitchen is modern with stainless steel/black appliances, granite countertops and glass cabinetry. Great building in the business and entertainment district. 24 hour concierge, gym and wonderful rooftop facilities.

 

Click here for the full listing

Upgraded home on 2/3 of an acre!

30 Anchor Court, Holland Landing 

 



This upgraded home is set on a quiet court near Anchor Park. 70 foot frontage and 2/3 of an acre lot. Thousands spent on bathrooms, hardwood floors, broadloom, electrical, attic insulation, ventilation system, pool, etc. Perfect for a growing family, close to Newmarket shopping and entertainment, parks, schools, public library and York Region Transit. Conveniently located between highways 400 and 404 and close to Greenlane GO station. Rear garden boasts a great child-safe pool, wraparound decking and a large storage shed.

Click here for the full listing
Ravine lot with gorgeous perennial gardens
6869 Golden Hills Way

 

Ravine Lot, Well Appointed, Elegant And Spacious 4 Bedroom Home. Upgraded With Attention To Detail Throughout. Glass Block Veranda, Cornice Mouldings, Ceiling Medallions & Decorative Columns. Hardwood And Ceramic Flooring. Spa-Like Master Bath, Large Bedrooms Suit Full Bedroom Suites, Walk-Out To Balcony From 4th Bedroom. Gorgeous Perennial Gardens Both Front And Rear.

 

Click here for the full listing

On Crawford: 4 beds and 2 baths

372 Crawford Street

 

 

Our buyer purchased this outstanding 2.5 storey house just south of College Street. 
  
This large family home was rebuilt with great skill and attention to detail. The home offers four floors of great and functional space with a beautiful west lot and an oversized 2 car garage. A perfect family home just steps to all this vibrant neighbourhood has to offer.

2 Storey home in great neighbourhood

124 Rhodes Avenue

 

 

Our buyer purchased this 2 Storey Home Located In Super Downtown Neighbourhood, Easy Access To Several Ttc Routes. Walk To Ashbridges Bay Park And Eastern Beaches. Minutes To Gardiner Expressway And Downtown. Lovely Garden With Shed.

The Rental Corner

70 High Park Ave #1001 

 

We listed and leased this Highly Sought After Luxury Condo At 70 High Park Ave. Breathtaking Unobstructed North Facing City Views Are Perfect For Entertaining On An Extra Large Balcony. Steps To High Park And High Park Ttc Subway Station. Shopping And Night Life In Bloor West Village Right At Your Door Step. Bright And Spacious Unit In Move In Condition. Ideal For Executive Couple Or Single Professional.

 

Click here for the full listing

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