Welcome to our February 2016 e-Newsletter!
The average price for a home sold in Toronto in January was $636,728, up 11% over January 2015. Scroll down for the full market news.
Below you'll find an interesting piece from the Globe about why we need to move beyond densification, a link to the city's best All You Can Eat restaurants and information on the 37th annual Rhubarb Festival happening at Buddies in Bad Times, a good chance to catch up and coming playwrights and artists.
February is traditionally slowish but sometimes surprisingly active due to the lack of inventory. If you're considering a move this year, now is a good time to sell - there aren't nearly enough listings on the market to satisfy demand.
As always, I thank you for your past and future business and any referrals you may have are greatly appreciated.
Brian Elder
Sales Representative
Royal LePage Real Estate Services Ltd.
416 921 1112
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The 37th Rhubarb Festival: February 17 - 28
Canada's longest-running new works festival returns for a 37th year. For two weeks, Buddies is transformed into a hotbed of experimentation, with artists exploring new possibilities in theatre, dance, music, and performance art. Rhubarb is the place to see the most adventurous ideas in performance and to catch your favourite artists venture into uncharted territory.
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25 ways the TTC promises to improve in 2016
The TTC has released its Customer Service Charter for 2016, and it includes a number of ways the transit provider promises to improve the passenger experience this year. The promises range from increased subway and bus service to the addition of bike parking at subway stations to the installation of additional information screens on train and bus platforms.
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Best All You Can Eat Restaurants in Toronto
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If you're the type that loves plenty of selection when it comes to food and have a bottomless pit, then this is a list that you want to pay attention to. From Brazilian BBQ, grilled Korean and delicious Indian to sushi, veggie and of course brunch, these 10 all-you-can-eat restaurants offer something for everyone at an affordable price. Go ahead, indulge.
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Toronto development needs to move beyond densification
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Toronto's ongoing residential real-estate boom went gangbusters again in 2015. The Toronto Real Estate Board (TREB) has announced that the 43,000 realtors it represents concluded 101,299 home sales - a 9.2-per-cent hike over the year before. House prices rose nearly 10 per cent during the year, which meant that the ticket for a place to live in the Greater Toronto Area in 2015 was, on average, $622,217.
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SOLD! End of Row Townhome in Quaint Cabbagetown Enclave
Carlton/Parliament
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Secluded and tucked away in a quaint Cabbagetown enclave, this 'end of the row' executive townhome offers a private and quiet urban oasis. This home has multiple upgrades and has been well maintained with a newer top of the line kitchen with a cozy outdoor terrace. There are Brazillian walnut floors on the main level! The third floor has a master retreat while the second floor houses the family room. There is a built-in garage with an easy clean epoxy floor. This home is steps to transit, neighbourhood shopping and restaurants with a walk score of 95!
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SOLD! Art Condos 2 bedroom + den
Queen/Dovercourt
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Approximately 1124 square feet with north-west urban sunset views from the balcony. There's a large terrace with a gas line for your BBQ, water, and electricity. The richly-styled Scavalini kitchen leads to an open concept living room with wrap-around floor to ceiling windows. The luxurious master bedroom has a walk-in closet and ensuite bath. The second bedroom also has a private ensuite! This building is in the heart of Queen West and steps to some of Toronto's best restaurants, bars and parks.
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Market News
TORONTO, February 3, 2016 -- Toronto Real Estate Board President Mark McLean announced Greater Toronto Area REALTORS® reported 4,672 residential transactions through TREB's MLS® System in January 2016. This result represented an 8.2 per cent increase compared to January 2015.
Click here for the full Market Watch
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