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Entries from July 2007

17 Multiple-Offers for Tridel’s Matrix

July 31st, 2007 · Comments Off

361 Front Street: The Matrix – 750 sq.ft. unit facing the city with parking and locker was offered at $269,900, receieved 17 multiple offers and sold without any conditions at $292,500, as reported to me by listing agent.
To me, that’s a steal: at $352 PSF NET someone got a great [...]

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Tags: For Sale/For Rent · Market Insight

Response to Tony Wong’s “Brokers wait for piece of condo action”

July 30th, 2007 · Comments Off

Toronto Star’s Tony Wong article “Brokers wait for piece of condo action” depicting Realtors standing in long lines and quoting from Will Dunning: “Investors are out in force, sowing their own disappointment”.
I emailed Will asking him to explain this statement, but never got a reply. Will’s article is [...]

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Tags: Investing · Market Insight

Bidding Wars 101

July 30th, 2007 · Comments Off

Note to re-sale buyers: if you’re planning on bidding on downtown Toronto condos and lofts, get your ducks and bucks inline as the last few sales I’ve seen happened within hours and were awarded solely on basis of price and no conditions. If you are going into a multiple offer situation:1. [...]

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Tags: For Sale/For Rent · Market Insight

Liberty On The Park Condominiums

July 28th, 2007 · Comments Off

Liberty On The Park Registration>

Liberty On The Park Condominiums is the next installment of the high-quality, master-planned community at Liberty Village.
As Liberty Towers and Bliss Condos quickly sold-out, we’re now introducing the next phase of this unique, master-planned community: Liberty On The Park.
Register to be [...]

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Tags: 100 Hot New Developments · Investing

Keys To The VIP

July 27th, 2007 · Comments Off

If you’re in the market to purchase a new development and want to get the latest insider news, sign in free and be the first to know when opportunities come up.

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Tags: Investing · Market Insight

Radio City Breaks Record with $460 PSF

July 26th, 2007 · Comments Off

Just 24 hours after overnight sale at Radio City conditionally sold a second, smaller, 18th floor 535 sq. ft. with parking facing North at approx $270,000 or approx. $460 PSF NET*.
Don’t say I didn’t warn you. Take your sweet time this summer and get priced out faster then you [...]

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Tags: For Sale/For Rent · Investing

Radio City Sells Overnight

July 24th, 2007 · Comments Off

Radio City: 15th floor, 677 sq.ft. with parking sold overnight for approx $298,000 or $403 PSF NET*. [this is the actual floorplan - click on it to enlarge]
An 18th floor, 535 sq.ft. unit with parking is now offered for $269,900, or $458 PSF NET* [request info]
So here is [...]

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Tags: For Sale/For Rent · Investing

$600 PSF @ L-Tower

July 22nd, 2007 · Comments Off

The L-Tower opened to Brokers and investors. My neighboor camped out since 6am on a Saturday morning to purchase a 598sqft condo for $360,000. That’s $600 PSF. Now think about this for a second: as expensive as the amenities and services in the building are, it’s still a lot of money. [...]

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Tags: Investing

Wake Up Now!

July 21st, 2007 · Comments Off

It’s time to take a deep breath and jump into the cold water, head first. Reality is here to stay. Houses are simply too expensive and with strong dollar and stable economy, downtown condos averaged 10% increase each year for the past 7-8 years.
IMHO the best option is to [...]

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Tags: Investing

A High-Rise Balancing Act – G&M

July 16th, 2007 · Comments Off

Recall “500 Bucks Per Foot” we wrote about just recently this year?
Well, the Globe and Mail’s Derek Raymaker thinks $699 PSF is the average downtown Toronto.
Like it or hate it, the market is changing and whichever way you want to look at it, prices are giong up, and fast. [...]

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Tags: Investing

For Sale: 10,000 sq.ft. Home

July 10th, 2007 · Comments Off

This impressive waterfront country side property is located approx 43 Km. East from our Toronto office and is offered for sale asking $1,749,000.
It is a Ranch Style Bungalow on 1.5 Acre Lot On A Private Lake.
Lot size is 433 x 131 ft.

Over 10,000 Sq. Ft. of living space with [...]

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Tags: For Sale/For Rent

Selling with Yossi

July 6th, 2007 · Comments Off

“my goal is to sell your property for
maximum dollar amount, at the shortest time possible”
Providing full-service listing and marketing, including:

“how much is it worth?” value assessment
“when is the best time to sell my property?” timing
“should I paint and fix it up? staging?” we’ll have a look
“how will you advertise my [...]

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Tags: For Sale/For Rent

Buying with Yossi

July 6th, 2007 · Comments Off

“I’ll help you locate and negotiate
that property you want”
Providing full-service for re-sale and new-developments purchases, including:

“is it a good investment?” value assessment
“should I buy re-sale or new development?” buyers consultation
“we need help with mortgage and legal!” we’ll direct you
“I want to get on the investors list” we have [...]

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Tags: For Sale/For Rent