Keeping
perspective in a strong market.
The
Toronto Spring real estate market is definitely robust – but don’t let the
stories of rising prices and “bidding wars” scare you away from buying.
The stories are true only to a certain degree – buyers can still find great
houses at fair prices, and not always in fierce competition. And even with
competition, you can still win! If you do your research, know what you want,
look with intention and determine reasonable financial parameters, I promise
you, you can find something. Remember, there are many factors that make up
house prices – including what buyers and properties happen to be out any
given day. And of course there is always the personal factor. Time after
time I am amazed and amused at how “plot twists” occur for both my sellers
and buyers that end up being the best thing for them. Sometimes it’s a new
job, a new baby, a personal change, or even a new perspective that enters into
the equation. At the risk of sounding philosophical, when it’s the right
time for the buyer, the right house tends to show up. The same factors
apply to selling your house.
If you’re thinking about either buying or selling, and want to know
what might be out there for you, call me. Even in this busy season, I will
find time for you!
Best
Day Ever, Best Month Ever!
TORONTO
,
May 4, 2007 -- With 581 sales reported on April 30, the highest single day
total ever documented, April's transactions reached an astounding 9,452, the
best single-month total ever recorded, TREB President Dorothy Mason
announced today. "The Greater Toronto Area's resale housing market has
showed sustained strength and these phenomenal numbers bode well for the
remainder of this year's spring market."
Average
prices climbed three per cent in April, to $379,025 from last April's
$366,683. "Despite the torrid sales pace," Ms. Mason said.
"Overall price increases are holding at marginally above the inflation
rate, which means that potential first-time buyers are not being pushed out
of the market."
Breaking
down the total, 3,591 sales were reported in TREB’s 28 West districts and
averaged $351,415; 1,696 sales were reported in the 14 Central districts and
averaged $517,418; 1,898 sales were reported in the 23 North districts and
averaged $401,355; and 2,267 sales were reported in TREB’s 21 East
districts and averaged $300,530.
Neighbourhood Corner
Markham
Markham (N01, N10,N11) has seen 1,433 sales during the first four months of
this year for an average price of $417,818. This is up four per cent over
the $403,229 recorded to the same period in 2006.
Source:
Toronto
Real Estate Board
Neighbourhoods
to Watch – Niagara (in
Toronto
!)
Niagara
is a growing vibrant downtown neighbourhood that runs from
Bathurst
to Shaw from east to west, and Queen and
Wellington
along the north/south. Convenient to the core of downtown and the Financial
District,
Niagara
is popular among young urban professionals, especially those working in the
creative, communications, technology and arts-related businesses that have
established themselves in the area. The eclectic mix of clothing stores,
book stores, art galleries, food markets and restaurants gives residents
everything they need.
Niagara
also has a local gathering place in
Stanley
Park
with its own small community centre
along
with two baseball diamonds, two tennis courts, a soccer field, a small
outdoor pool and a children’s playground. There is very easy highway and
TTC access.
This
neighbourhood has a growing number of condos, starting at $200,000 and
upwards to luxury lofts, along with townhomes and detached homes typically
ranging from $300,000 to $750,000. For people wanting a truly urban
lifestyle, the
Niagara
neighbourhood is definitely one to watch.
Remember
-
Toronto
is a huge and rich city with hundreds of neighbourhoods to offer - some of
them hidden gems. If you’re curious, call me – I love to explore!
Spring
Checklist – in case you don’t have enough things on your “to do”
list here are a few things to consider:
- Furnace
and air-conditioning checked - change furnace filter
- Turn
on outside water
- Have
eaves checked and cleaned
- Add
new soil to garden if needed
- Consider
planting new shrubs and trees
- Refresh
exterior trim as needed
- Check
outdoor furniture – clean and update as needed
- Make
sure you have a spare gas canister for your barbecue – or get a direct
natural gas hook-up on your deck or patio
- Weed,
seed and feed your lawn
- Clean
exterior windows (better yet, have them cleaned by someone else!)
Here
are a couple of home service providers for your “go to” list:
If
you need other contacts for home services, call me!
Overbooked?
It
is said that people come into your life for a reason, a season, or a
lifetime….and so do books. The only trouble is that many people hold on to
books long after the season is over. They store and display books they have
not touched or read in years…and probably never will. Books seem to be one
of the hardest things for people to part with – it’s as though it feels
disrespectful to discard a book. But clearing out books can be done
with care and respect, and is very freeing - for both you and the books! By
all means, keep the books you love and connect to, hang on to those you need
for reference, and even a few you still think you will read some day. But be
honest about the books you have, and if you know you will really never read
them again, liberate them to find a new home, and free your space and energy
for new things to come in. You will be amazed at how good it feels.
Some
ideas for clearing books:
- Pass
good fiction on to family and friends
- Donate
good books to a school fundraising sale
- Pass
specialty books on to the public library or a school library
- Take
boxes of books to Goodwill
- Put
books out in front of your house for people to take for free
- If
books are of low “pass along” value or out of date such as
textbooks, just recycle them – not all books live forever
Forget
the lawn sale – just give it away!
Spring
is the season we love to clear things out, and start gathering things for
the annual neighbourhood lawn sale. The trouble is, unless you are the rare
exception, the thought of bartering on your front lawn is enough to stop you
cold. This year, why not just give it away? Give your stash to a school for
a fundraiser sale. Give it to charity. Put stuff on your lawn marked “free
- take me” and watch out the window to see people’s delight at their
good fortune. Send an e-mail to people you know offering whatever you
have for free. Do whatever suits you – but just give it away now. You will
get pleasure and entertainment value more than what your yard sale would
bring in, and you will feel good about it.
If
you DO want to host a Yard Sale,
may
I suggest the Re/Max Yard Sale for the Cure on Saturday, May 26th.
Details are at www.yardsaleforthecure.com
Enjoy
being a host this year!
How
many times have you hosted a party and realized you hardly spoke to your own
guests because you were too busy in the kitchen? Or when have you decided
not to have a party because it seemed like too much work? Here’s the
solution - www.thebutlerdidit.ca.
If you’re not going for full catering, get help with the serving and
clean-up so you can enjoy your own party. The cost is reasonable (and for
some of you tax-deductible!), so treat yourself – and your guests. If
it’s a family gathering, people can share the cost so everyone can relax,
and the work doesn’t fall on one or two people.
May
is a good month to stay at home, work in the yard and get reacquainted with
neighbours. But if you do feel like getting out, here is some of what’s
going on in
Toronto
this month:
Santé:
The Bloor-Yorkville Wine Festival
– now to May 12
Various locations throughout the Bloor-Yorkville neighbourhood.
South
Africa
will be one of 14 countries showcasing its finest wines at the ninth annual
Santé: The Bloor-Yorkville Wine Festival. Over 70 world-renowned wineries
will be participating in the 2007 Festival, which organizers say will
feature more high-profile events, including an exclusive Wines of South
Africa celebration to be held at The Carlu and a unique blending of wine and
music at the recently renovated
Royal
Ontario
Museum
. Tickets range from $20-$150 depending on the event. Ticket prices include
all wine samples. www.santewinefestival.net
Fashion
Cares
- May 12
The
Distillery Historic District --
55 Mill St
.
Since
1987, Fashion Cares has raised nearly $10 million dollars for the AIDS
Committee of Toronto. As this annual event enters its third decade, expect
plenty of new fashion, new faces and a fascinating new location. With more
drama, more fabulous fashion and even more exceptional entertainment, this
year's gala promises to be bigger and better than ever. www.fashioncares.com
Bird
Watchers Flock to
Toronto
Zoo
- May 12
Toronto
Zoo --
Meadowvale Rd.
(north of the Highway 401)
The
Toronto Zoo is recognizing International Migratory Bird Day with the timely
theme of “Birds in a Changing Climate”. The festivities include one and
two hour birding tours from 8am to 3pm, special displays, and lots of
conservation information. Regular admission applies: bird watching tours are
$5.00 extra. Pre-registration.
www.torontozoo.com
Cool
Drummings International Percussion Festival
- May 22 – 27
St.
Lawrence Centre for the Arts --
27 Front St. East
Cool
Drummings will feature some of the world’s greatest percussion ensembles
and soloists. 9 concerts over 6 days will include Nexus, Autorickshaw,
Beverley Johnson, Anne-Julie Caron (
Quebec
), Liam Teague (Trinidad & Tobago), Sal Ferreras, Tambuco (
Mexico
), Aiyun Huang, Ryan Scott and more. www.stlc.com
or www.soundstreams.ca
Doors
Open
Toronto
- May 26 & 27
Various
locations throughout
Toronto
Toronto
Culture Division is proud to present the 8th annual Doors Open Toronto --
one weekend, once a year -- when over 140 buildings of architectural,
historic or cultural significance open their doors to the public for a
city-wide celebration.
www.doorsopen.org
Golf
– get in the swing!
Check
this golf
guide of local courses.
For
a
complete listing
of what’s going on in
Toronto
– restaurants, clubs, movies, theatre, music and special events - go to www.toronto.com