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Welcome to our June 2015 e-Newsletter!        

The Gardiner Expressway has been in the news a lot lately. What to do with the eastern section is a big decision which rests with City Hall. Below is an article from Global illustrating both options.

Toronto's Pride celebrations start on June 19th, but the rainbow flag is already up at City Hall! Scroll down for some highlights at the festival.

With the lack of available land in Toronto, many smaller homes are being torn down and replaced with enormous homes. The CBC spoke with an urban planner and has the breakdown of where this is happening. You'll find the link below.

May was a record month for real estate sales in Toronto, with the average price of a detached house just over $1.15M! I have the TREB market report below, along with four new listings; a Cabbagetown character home, a three bedroom home in prime Riverdale, a townhouse style loft in the Creed Building and a one bedroom plus den right by St. Lawrence Market.  

 

As always, I thank you for your past and future business and any referrals you may have are greatly appreciated.

 


Brian

Toronto's booming real estate market fuels teardown trend

   

Toronto's red-hot real estate market is fuelling a push to tear down homes on valuable land and replace them with newer, bigger ones, sometimes to the dismay of urban planners.

According to data from the City of Toronto, 375 teardowns were approved between January 1 and May 11 this year. 

Click here for more information 

Best Gelato in Toronto

 

Italy's famous icy cool treat is a summertime must-have in Toronto. The fresh, smooth and sweet gelato is made by artisans across the city using the traditional Italian methods, with a few twists along the way. Whether you want your gelato as authentic as possible or are looking for a new twist on a old favourite, you can cool down and indulge at any of these gelato shops. Check out our picks for the best gelato in Toronto.

Click here for the full article

Pride Toronto: June 19-28

   

The main event takes place on Sunday, June 28th, but there is a full ten days of events happening - from the opening party on Thurdsay the 19th on the BIA stage between Maitland and Alexander, a human rights conference on the 20th and the ever popular Starry Night fundraiser at the 519. Special guests this year include Pussy Riot, Chaz Bono and last year's winner of RuPaul's Drag Race, Bianca Del Rio! 


Click here for more information

Decision time for the Gardiner Expressway 

   

The fate of the Gardiner Expressway is now in the hands of city council.A decision on what to do with the eastern portion of the crumbling Gardiner went to a debate on Wednesday at city hall.

There are two options for the elevated section east of Jarvis St.: tear it down and replace it with a boulevard, or a hybrid option.

Click here for more information

39 Jarvis St., #505

$459,000


The Saint James Condos! Fresh and well maintained north facing one bedroom plus den suite with private balcony, parking and locker! This unit features a crisp galley kitchen with pass-through, upgraded bamboo flooring, a spacious master with a walk-in closed and ensuite bathroom, plus a welcoming entrance with plenty of storage, powder room and laundry. It's steps to the St. Lawrence Market, restaurants, theatres, Harbourfront, the Financial Core and more!

Click here for the full listing
 

295 Davenport Rd #102 

$649,000

Open House Saturday June 13 and Sunday June 14 from 2pm-4pm 

 

Rare Private Townhouse Style Loft Fronting On Bedford, Well Over 1400 Sf, Open Concept Main Flr Kit/Living/Dining W/Gleaming Hardwood, Gas F/P & Powder Rm, Lower Level Retreat W/Huge Master, Tons Of Closets, Slate Ensuite W/Sep Shower & Sep Family-Sized Den Perfect For Movie Nights Or Home Office. Steps To Yorkville, Annex, Galleries, Museums, Transit, Restos & Shopping.

  

Click here for the full listing
 
 

71 Sparkhall Ave

$769,000

Open House Saturday June 13 and Sunday June 14 from 2pm-4pm 


A Sweet Prime Riverdale 3 Bedroom Family Home In The #1 School District, Kid Friendly Quiet Tree-Lined Street & Only A Hop & A Skip To Withrow & Riverdale Parks & Its Proximity To Danforth Shops & Restos Makes "Date Night" A Breeze. Open Concept Main Flr W/Hardwood, Exposed Brick And Decorative F/P, Low Maintenance Backyard Retreat, Coveted Prkg In The Rear To Make Unloading The Car Easy. You Can Settle Into This One And Enjoy It For Years To Come!

  

Click here for the full listing
 
 

297 Seaton St

$899,000

Open House Saturday June 13 and Sunday June 14 from 2pm-4pm   

 

Cabbagetown Character Home W/ Loads Of Charm. Classically Appointed, Open Concept Main Floor For Entertaining/Dining Guests In Front Of The Fire.An Upgraded Separate Kitchen W/ Walkout To Priv. Backyard Oasis In The Middle Of The City. 3 Bdrms Plus Loft Retreat And A Full Size Bsmt For A Studio, Guest Rm Or Xtra Storage. Convenience Is Key Being So Close To Shops & Restos Of Old Cabbagetown, Steps To Parks, Transit & Minutes To Financial Core,The Lake & More!

  

Click here for the full listing
 
 

Market News

 

Toronto Real Estate Board President Paul Etherington announced 11,706 sales reported by Greater Toronto REALTORS® in May 2015.  This result was up by 6.3 per cent in comparison to 11,013 sales reported in May 2014.  For the TREB market area as a whole, sales were up for all major housing types.  However, in the City of Toronto, where the supply of low-rise listings has been constrained, sales were down for detached homes.

 

Click here for the full Market Watch
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