Marina Bolletta, FRI CRES REI ASP Broker of Record

Mark Tavares, Sales Representative 416 947 0777

April 2012 

Welcome to our newsletter for April 2012!   

 

Spring is in the air, which means that the Farmer's Markets are opening soon. Trinity Bellwoods will open on May 8. Scroll down for more.  

 

With all the construction happening at Queen and Ossington, the old bank on the north east corner has been quiet. The GridTO looks into what's happening there.  

 

You'll find those articles below, along with two homes for sale, some recent sales and a terrific High Park rental. 

 

Marina and Mark

Know Vacancy: 100 Queen St W  

 

 

From the GridTO: What's happening at the corner of Queen and Ossington? 

 

Continuing our ongoing investigation of commercial real estate in Toronto, we find out what's happening to an old bank at Queen and Ossington that's currently hiding behind a curtain of faded bricks.

   

Click here for the full article

Five housing hot spots in Toronto

 

 

Talk to real-estate agents, and most express disbelief at how the Toronto market keeps defying the doomsayers month after month.  

 

What's fuelling it? Those bargain-basement mortgage rates keep affordability in line, even as prices have risen, says Toronto Real Estate Board analyst Jason Mercer. Factor in the number of potential buyers per house, and you've got a recipe for price hikes.  

 

Mercer says recent sales totals projected annually could make 2012 the second-best year on record (after 2007), even as listings have lagged.

 

Click here for more infomation.

Hume: Toronto seeks a new chief planner; what it needs is a visionary

 

How curious that a city such as Toronto, one growing so fast its skyline changes weekly, would have no chief planner.  

 

Since March, when the last man to hold that position, Gary Wright, retired, Toronto has made do with an acting chief planner, Gregg Lintern, a respected department veteran who has worked downtown and in Etobicoke. But a search is underway, and the city is casting as wide a net as possible.  

 

"We're looking across North America," explains deputy city manager, John Livey. "We've had a good response. It's a great job." That's all excellent, of course, but we've gone through this before, had our hopes raised only to be dashed.

 

Click here for the full article.

Trinity Bellwoods Farmers Market opens on May 8

 

 

The farmer's market in Trinity Bellwoods park opens on May 8 and there's no better place to get local fresh produce, baked goods and local meat. You can find it every Tuesday afternoon at the north east corner of the park from 3pm to 7pm.  

 

The Liberty Village Farmer's Market opens on June 2.  

 

Click here for more

Market News  

 

Greater Toronto REALTORS® reported 9,690 sales through the TorontoMLS System in March 2012. This result was up by almost eight per cent in comparison to the 8,986 deals reported during the same period in 2011.  

 

"The GTA resale market has not suffered from a lack of willing buyers this year. Buyers have been spurred on by the positive affordability picture brought about by low mortgage rates," said Toronto Real Estate Board President Richard Silver.  

 

"The challenge has been a lack of inventory. Many listings have attracted multiple interested buyers. Strong competition has led to annual rates of price growth well above the long-term average." The average selling price in the GTA was $501,614 in March - up by 10 per cent in comparison to March 2011.

   

Click here for the full article 

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3+1 Bedrooms, 3 baths in Mississauga  

5105 Creditview Road 

 

 
Stunning 3+1 Bedroom Bungalow On A Rare 50Ft Wide Lot,Parking For 5 Cars. Extras Include:Professionally Finished Basement With 3 Piece Bathroom,1 Bedroom And Rough In For A Bar,Coldroom Great For Wine Storage.Amazing Recreation Room,New Roof Shingles (2011). Inground Sprinkler System. Great Location Close To Many Amenities Including Schools, Shops And Transportation.

Click here for the full listing
 

2 Level Loft in Liberty Village

46 East Liberty Street, #512

 

 
End unit provides windows on two sides. 918 square feet includes 133 square foot terrace which is perfect for entertaining. Thousands in upgrades. Modern top-of-the-line finishes throughout including dark wood flooring and cabinetry, pot lighting, granite counters, custom blinds and draperies, gas fireplace and Bosch Washer/Dryer. Large walk-in pantry in kitchen, closet organizers, drywalled ceilings and 2 level floor to ceiling windows are a few of the great features of this unit. Terrace, wonderful for entertaining, has a BBQ gas line. Underground parking included.
 
Click here for the full listing

Three-storey 2 bedroom townhome 

1 Ruttan St #202

 

 
Our Buyer has Bought.....*Brownstones On Bloor* 3-Storey, 2 Bedroom South-Facing Townhome In Recently Completed Development. 3rd Floor Loft has a Walk Out To a Large Rooftop Terrace Overlooking The City! Open Concept Kitchen has Stainless Steel Appliances & Granite Countertops! Living and Dining Rooms have Hardwood Floors & Plenty Of Windows! Master Bedroom has a Walk-In Closet & Balcony! Southernmost Unit Provides Uninterrupted Sunlight All Day Long! Underground Parking Included! Outdoor Pool Under Construction!!!
 
Click here for the full listing

King West 2 level Penthouse Loft

915 King St W Ph05

 

 
Our buyer bought this great loft!

Rare Two Level Penthouse With Terrace At Massey Harris Lofts - Historic Conversion By Canderel Into Boutique Loft Building Of Only 46 Suites. Designed By Cecconi Simone, 17' Ceiling In Living Room, Dramatic 2 Storey Windows, Radiant Heating Under Hardwood Flrs, Open Concept Kitchen Overlooking Living Rm, Dining Rm Has Walk Out To Brick Walled Terrace With Water & Gas Bbq Outlets, Separate Den Can Be 2nd Bdrm, Master Can Fit King Size Bed
 
Click here for the full listing

Rental Corner:

70 High Park Avenue #1001 

  

 
Available for lease at $1525/month. Daniels High Park Luxury Condominium. Breathtaking Unobstructed North Facing City Views Are Perfect For Entertaining On An Oversized Large Balcony. Steps To High Park, Ttc Subway Station. Shopping And Night Life In Bloor West Village Right At Your Door Step. Bright And Spacious Unit.

Click here for the full listing
Mark Brodsky Digital Communications