Toronto condo buyers, welcome back to the driver's seat
Condo sales (by volume) were down in Toronto by 18% as compared to June 2011. More volume doesn't necessarily mean lower prices, but it does mean units may stay on the market longer because buyers have more to choose from. Click here for the full article |
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From the New York Times:
In Toronto, a Second Act
The New York Times recently highlighted West Queen West in their travel section!
THE textile and fabric designer Julie Jenkinson was hard at work putting the finishing touches on her vintage curio shop, Verso, in a former garage. In another city, in this economic climate, opening such a shop in such a space - hidden, as it is, from the street - would not be ideal. Not in Toronto. "I love being here, tucked between the Drake and the Gladstone," she said, referring to the two art hotels that anchor Queen Street West.
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Toronto's deputy mayor says downtown no place for kids
Toronto's deputy mayor underlined the frequent tension between the city's suburban and downtown councillors when he said during a debate that he wouldn't raise children downtown.
Doug Holyday, who is also councillor for the suburban ward Etobicoke Centre, was making a motion Thursday that council delete a recommendation requiring builders of a downtown King Street condo to have three-bedroom units in 10 per cent of the building.
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How's business? Queen & Spadina
The intersection of Queen and Spadina is closed to traffic for two weeks (hopefully opening up again on July 23rd) and the Grid checked in with local retailers to see how they're doing:
On Monday, July 9, construction crews began ripping up the corner of Queen and Spadina, replacing the tracks to accommodate a new fleet of streetcars due for service in 2014.
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Market News
TORONTO, July 5, 2012 -- Greater Toronto REALTORS® reported 9,422 home sales through the TorontoMLS system in June 2012. The number of transactions was down by 5.4 per cent in comparison to June 2011. The year-over-year decline was largest in the City of Toronto, where sales were down by 13 per cent compared to June 2011. Sales in the rest of the Toronto Real Estate Board (TREB) market area were comparable to a year ago.
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2 Bedrooms, 2 full baths at DNA 2
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.
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3 bedroom home on 5 acres
1241 Doane Road, Queensville
Spectacular builders' own home on a 5 acre lot surrounded by lush landscaping and vast greenspace. Wonderful modern ranch style bungalow has a fully finished basement with living room, dining room, washroom and 3 bedrooms. Main floor Master suite has a two sided fireplace, ensuite spa-like bathroom and one-of-a-kind dressing room. Open concept kitchen and family room has a beautiful gas fireplace and cathedral ceilings. Rear garden includes a large inground pool, cabana, stone fireplace, patio, built-in barbeque & bar, dining area and living room suitable for a lovely garden party even in the rain. Click here for the full listing |
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4 Bedroom home with finished basement, lush garden
3233 Wentworth Street, Burlington
Beautifully maintained and upgraded home in popular Headon Forest. Excellent layout includes 4 spacious bedrooms, 4 washrooms, main floor laundry room with walk-out to garage, family-sized kitchen with walk-out to great deck and fully fenced lush garden. Finished Basement includes a full kitchen, bedroom, 4 piece washroom, large living area and extra storage. Double driveway and garage.
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Rental Corner: 2 Bedroom townhouse
128 Strachan Avenue, Unit 1
Attractive Townhome In King West, Very Spacious 1418 Square Feet, 3 Bedroom Plus Den Converted To 2 Bedroom Plus Family Room Plus Den, 2 Full Bathrooms, Ensuite Laundry Room, Private Built-In Garage, Large West Facing Terrace Allows For Barbeque. Plenty Of Storage Space, 2 Minute Walk To King Streetcar. Walk To Parks, Shopping, Queen West Attractions. 24 Hr Streetcar On Queen. Great Location. Click here for the full listing |
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