Posts Tagged ‘Toronto Real Estate’

As one of the top sellers at the Treviso Community, I’m able to offer all purchasers who work with me the following exclusive discounts and bonuses… but only for a limited time!

Get 5% Cash Back ($12,000-$30,000)
AND Free Assignments – Regular $5000
AND $3000 Yorkdale Gift Certificate OR Travel Voucher 

Special Deposit Choice for Treviso 1 and 2
$2000 with the Offer
Balance to 5% in 30 Days
5% in 120 Days
$2000 Every 3 Months (for additional 5%)

Or

$2000 with the Offer
Balance to 5% in 30 days
10% BMO Interest Only Loan and Vendor Pays the Interest

FIRST 20 2 & 3 BEDROOM SUITES SOLD AT TREVISO 2 ONLY GET AN ADDITIONAL $10,000 CASH OFF
AND a N’espresso Espresso machine at closing, offered originally and exclusively when I represent you in the purchase of a unit at Treviso! Contact me TODAY!

All cash back offers can be deducted off the purchase price or be adjusted on final closing. Bank of Montreal loan program is subject to approval.  Mortgage pre approvals are required on all sales. Balance to 20% is required on occupancy date for all deposit structures noted above.  All promotions, discounts offers are valid until April 30, 2012.  All promotion offers may be changed and/or cancelled at any time without notice.

Back in August I was one of the first to break the story on Treviso Condominiums at Dufferin and Lawerence.  It was while riding my bike in the area, when I first saw signs of change coming to the corner. You can read more about it here: What Are They Building at Dufferin and Lawrence?

If you’ve been in the area as of late, you too may have seen the massive sales centre (or as I like to call it “Casa Treviso”) being errected on the North East corner!

I’ve had a ton of emails and calls from neighbours wondering what the project will eventually look like. From bocce courts, to Piazza’s… Lanterra Developments is sparing no expense to bring the Italian lifestyle to Dufferin and Lawrence!

A beautiful water installation will run between the two phases with bridges connecting the Treviso community!

Read the rest of this entry »

I like to think I live a pretty unique life, as my job (selling condos) tends to take me to a ton of different places across the City…but the one constant no matter where I end up is: everybody wants to talk shop!

Thanks to BuzzBuzzHome, that conversation is about to take a huge leap online!  The BuzzBuzz team popped up on the Real Estate Reader in 2009 with their “ground breaking” idea to create single online stop for home buyers and real estate professionals to research new developments and connect with builders. As we end 2010, they’ve launched the BuzzBuzzHome Forum aka The Social Network of Real Estate!

The Forum provides a platform for discussion, where all issues related to residential real estate and development can be aired, addressed, celebrated and mused upon. Users can ask questions to industry experts or just stay informed of the latest news and industry gossip on the hottest projects across Canada.

The Forum has been up for a few weeks and has already started some interesting convos!  My top 3 currently discussed topics are:

Real-Estate Jargon – The real-meaning behind the ad-words…

Bloor Street Buzz

Dealbreakers!

Yours truly has added to a few of the convos, and have also enjoyed reading the thoughts of fellow blogger (and Realtor) Roy Bhandari of AmitandRoy.com along with a bunch of other Real Estate professionals.

The BuzzBuzzHome Forum is quickly becoming one of the hottest pieces of online Real Estate to talk….Real Estate!

Two Real Estate Thumbs Up

Its quite common to read about a project on the blog that’ll one day result in a high rise tower dominating over Toronto’s downtown core… and if you’re expecting that in this one, you’ll have to look somewhere else!

I recently attended the launch for Eleven Superior, Mimicos newest condominium project! Truthfully, I don’t have much experience in this part of town and was definitely intrigued to see what Mimico had to offer. The event was a huge success and featured local neighbourhood favourites…such as…french bites (crepes, duck confit, and maple syrup tarts) from Cafe du Lac, locally roasted, fair trade and bird friendly coffee from Birds and Beans, and an Eleven Superior signature sour apple martini by city favourite but local, Chasers Juice.  I know I know…this is supposed to be a real estate blog BUT the food from Cafe du Lac was sooooooooo good!  It’s a Montreal Bistro type-of set up and I highly recommend stopping by if your in the area (They also do a “Bring Your Own Wine” night).

Now back to the Real Estate side of things… Read the rest of this entry »

DID YOU KNOW… the location of your condo may determine who pays for the status certificate!

Wait…do you even know what a “status certificate” is? And why you should be asking for one when purchasing a condo?

In the simplest terms, a Status Certificate is set of documents prepared by a condo board to illustrate the financial health of the building! A typical certificate will show a variety of facts including: how many units are being leased in the building, any shortages in payments of maintenance fees (for the particular unit) and the amount levels of the reserve fund.  They take 10 days to prepare (though most boards I’ve dealt with produce them sooner) and can be obtained by the unit owner.  They’re typically requested when a buyer submits an offer to purchase.  The purpose of the documents is better educate the potential buyer on the financial status of the condo and point out any pitfalls that may lay ahead if the decide to go through with the purchase.  A Real Estate lawyer is often best to review the Status and relay it’s info to the purchaser!

Now that we know what it is and why it’s needed, it’s time to answer the almighty dollar question “Who pays for it?”

Up until a few weeks ago, it was to my understanding that in Canada the seller is the one who pays for it…but after talking with Matt Richling, a colleague selling real estate in Ottawa I learnt different!  In Ottawa it’s common practice for the buyer to be the one who pays the fee. Which would make sense since it’s the buyer who’d be most interested in it’s findings. Fortunately for buyers in Toronto that’s not the case, and the seller typically pays for the status.  Your Realtor should always have the “Cost Talk” with you to better inform you of all the expenses that tend to pop up above and beyond the sticker price!

I ALWAYS recommend putting in a clause requesting a copy of the status and having a Real Estate lawyer review it.  Regardless of who pays for it…it only costs $100 and could save you a million headaches in the future!  If you’re looking at buying place of your own downtown…feel free to call or email…I’d love to help!

Shooting up from the base of X condos is Shayne Dark’s latest installation, entitled: Double Vision…admittingly, that’s exactly what I did when I first saw it!  Located on the corner of Charles St and Ted Rogers Way, the dark red columns appear to be blasting through the concrete, nearly reaching the 3rd floor.  It wasn’t so much the installation that made me do a double take, it was more the shock of seeing art and architecture finally together in a Toronto condo project! Tableau is taking a similar approach by having Shayne do and installation at their project as well.  There’s will feature neon green columns piercing through the base (tableau) of the condo!

Here’s to hoping more developers follow the trend!

In less than a month one of the 5 candidates pictured above will be your new mayor.  The thought of it to me is both exciting and scary…exciting because of all the opportunities a fresh mind can bring to the City BUT scary because none of the potential candidates have shown that side of them.

I’ve attended 3 mayoral debates in person and watched several on TV. All of the candidates have made some big promises from abolishing the Toronto Land Transfer Tax to extending Allen Rd!  But not one has addressed their agenda for condos…with over 2,100 condo corporations registered in Toronto, there are a lot of issues that these mayoral hopefuls need tackle!

For example, if there are 30 condominium units stacked high on one parcel of land, why does each pay property tax at the same percentage rate as a single home on a plot of land?  Shouldn’t there be an incentive for living in a maximized use of limited land?  Will the next City Council approve as many condo developments as the last?  What are the Councillors plans to reduce urban sprawl, and keep more residents in the City?  With roughly 50,000 people making Toronto home every year, are we building enough condos to house them…or too much?

Thankfully the Toronto Chapter of the Canadian Condominium Institute will be holding a debate this Thursday (September 30, 2010) at the Novotel North York Hotel (3 Park Home Avenue) to tackle some of these exact questions!  The debate starts at 2 pm and is free to attend, but registration is a must…and if you care about the future of condos in Toronto, I’d say attendance is must as well!!!

As one of the top sellers at the Treviso Community, I’m able to offer all purchasers who work with me the following exclusive discounts and bonuses… but only for a limited time!

Get 5% Cash Back ($12,000-$30,000)
AND Free Assignments – Regular $5000
AND $3000 Yorkdale Gift Certificate OR Travel Voucher 

Special Deposit Choice for Treviso 1 and 2
$2000 with the Offer
Balance to 5% in 30 Days
5% in 120 Days
$2000 Every 3 Months (for additional 5%)

Or

$2000 with the Offer
Balance to 5% in 30 days
10% BMO Interest Only Loan and Vendor Pays the Interest

FIRST 20 2 & 3 BEDROOM SUITES SOLD AT TREVISO 2 ONLY GET AN ADDITIONAL $10,000 CASH OFF
AND a N’espresso Espresso machine at closing, offered originally and exclusively when I represent you in the purchase of a unit at Treviso! Contact me TODAY!

All cash back offers can be deducted off the purchase price or be adjusted on final closing. Bank of Montreal loan program is subject to approval.  Mortgage pre approvals are required on all sales. Balance to 20% is required on occupancy date for all deposit structures noted above.  All promotions, discounts offers are valid until April 30, 2012.  All promotion offers may be changed and/or cancelled at any time without notice.

After yesterdays post describing the master plan of the site… Lanterra Developments announced their latest condominium: Treviso Condominiums!

Finally a name and rendering have been given to the Dufferin and Lawrence project.  The “After” image is a bit blurry, but it looks like a good mix of red brick and glass for the first tower! The new rendering is a big improvement from the “Before” seen on the Lanterra website over the past few years.

Prices are being advertised as starting from $179,900 with no official launch date announced yet! Send me an email or give me a call if you’d like to be notified when units hit the market!