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Marina Bolletta, FRI CRES REI ASP Broker of Record
Mark Tavares, Sales Representative 416 947 0777
| June 2012 | |
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Welcome to our newsletter for June 2012!
If you're thinking of renovating before moving, you'll want to check out the article below, which gives great information on what sort of return you can expect.
You'll also find articles on a billboard proposal near Liberty Village that was voted down, Summerlicious and two great listings.
Have a terrific summer!
Marina and Mark |
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City planners now love plan for 47 storey building they rejected at 39 storeys
City planners rejected the proposed tower at 323-333 King Street West when it was supposed to be 39 storeys, with 201 condo units. So the developer bought an adjacent property and redrew the tower at 47 storeys with 304 condo units. Now the city planners are in favour of it. A staff report suggesting that city council approve the tower comes to Toronto and East York Community Council Wednesday morning. Click here for the full article |
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How much do you think you'll get back for that reno?
Ah, the sweet sounds of summer: hammering, sawing, digging, demolition. Well, they're not sweet exactly, but certainly familiar to anyone who lives in one of Canada's larger cities.
With real estate prices in a state of flux, it seems everyone is eager to spruce up what they've got and hopefully be rewarded with an increase in property value. However, as we know, not all renovations are created equal. Just because you're sinking the money into your home doesn't mean you'll see a return on your investment. And just about everyone has an opinion on what you should and shouldn't be tearing out.
Click here for more information. |
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Gardiner Expressway billboard refusal may be sign of things to come in Liberty Village
With development booming in Liberty Village, the Gardiner Expressway is losing its status as a good place for billboards.
That was the message successfully put forward by Councillor Mike Layton, who persuaded a council committee to oppose a new Gardiner billboard.
The proposal was for a 20-metre high billboard with a static image changing every 10 seconds to be located on the north side of the expressway, about 100 metres east of Atlantic Ave.
Click here for the full article. |
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Summerlicious 2012:
July 6 to July 22
Summerlicious returns on July 6th, and a handful of restaurants along King West, Queen West and Liberty Village are offering Prix Fixe menus. It's a great chance to sample a new restaurant or re-visit an old favorite.
Among the restaurants are Noce and Nyood on Queen, Boehmer and Watusi on Ossington and Mildred's Temple Kitchen in Liberty Village.
Click here for more on Summerlicious
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Market News
Greater Toronto REALTORS® reported 10,850 transactions through the TorontoMLS System in May 2012 - an 11 per cent increase over the 9,766 sales in May 2011. Sales growth was strongest in the '905' regions surrounding the City of Toronto.
"Sales growth in the '905' area code was stronger than growth in the City of Toronto across all major home types. While lower average prices are certainly one factor that has contributed to this trend, recent polling also suggests that the City of Toronto's land transfer tax has also prompted many households to look outside of the City for their ownership housing needs," said Toronto Real Estate Board (TREB) President Richard Silver.
Click here for the full article
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3 Bedroom 1810 sq ft townhome
in prime King/Queen West
31 Massey Street, Unit 2
Massey Commons Townhomes. Rarely offered upper unit on a quiet one way street in the Heart of King/Queen West. Wonderful sunsets from this west facing unit that is approximately 1810 square feet. 3 spacious bedrooms and 2 1/2 bathrooms, large family room has a walk-out to a great party-sized terrace. Open concept livingroom/diningroom has a beautiful floor to ceiling stone fireplace and french doors overlooking front garden. Modern kitchen boasts granite countertops, breakfast bar, pantry and an extra wall of cabinets and stainless steel appliances. Basement has extra storage and a walk-out to a private garage. Walk to Queen West, Trinity Bellwoods Park, 24 hour TTC, bistros, cafes, art galleries, boutiques and so much more. A great place to call home.
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2 Bedrooms at DNA TWO
1005 King Street West #812
DNA TWO, Bright and Spacious split bedroom floor plan, 2 Bedrooms, 2 Full Bathrooms with dual shower heads, master has deep soaker whirlpool tub also. Laminate flooring throughout, 9 foot drywalled ceilings, large closets, modern kitchen has stainless steel appliances, breakfast bar, granite counters and tile backsplash. Large terrace, parking and locker. Great King West corner. Walk to Queen West, shopping, bistros, cafes, Trinity Bellwoods Park and more. TTC at doorstep. Click here for the full listing |
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Rental Corner:
Fully renovated 2 bedroom home
90 Crawford Street
Leased for one of our clients at 100% of asking!
Completely New, Never Lived In. Custom Features On Desirable Crawford St. Main Fl Open Concept. Hardwood Floors, Gourmet Kitchen with 2 Large Granite Countertops, Stainless Steel appliances, Breakfast Bar, 3 Sink. 2 X Glass Encl Shower W/Rainhead, Double Closet, And Hardwood In Brs Large Office/Den Area.Roof Deck W/Stunning CN Tower Views. Fin Base With Hardwood Fl, Set-Up Surround Sound Theatre Exper, Sep Entrance. 2 Car Gar. Back Yard Steps To Trinity Bellwoods, Queen/King St.
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Sold! 5 Bedroom home on Crawford
59 Crawford Avenue
We sold this home at 115% of listing for our client.
Large home in prime Trinity Bellwoods on coveted Crawford Street. 5 Bedrooms, 2 Washrooms, 2 Kitchens, great back yard and parking. Upgrades include: 2nd and 3rd floor windows, roof shingles and some electrical work all done in 2006. New waterline from street. Steps to Queen & Ossington cafes, bistros, art galleries, boutiques and more. 24 hour TTC. Great house in a great neighbourhood.
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