106 Airdrie Road - Toronto

This appealing home on a picturesque corner lot offers abundant possibilities for those searching for a great South Leaside address.

Its Cape Cod centre hall design features a sun-filled living room with bay window and fireplace.

The cozy family room opens into a private perennial garden … delightful for a quiet BBQ.

The current owners enjoy easy access to downtown, highly regarded schools, library, arena and swimming facilities, and the much-enjoyed stores, boutiques and restaurants on Bayview.

Enjoy this great South Leaside address! Sunny Cape Cod three bedroom with cozy main floor den/family room and access to an inviting perennial garden. This lovely home features hardwood floors, fireplace. Perfect for small family or empty nesters.

Extras include fridge and stove, dishwasher, washer and dryer, Slim-Line air conditioner, all window treatments, all electric light fixtures, broadloom where laid.

This home has excellent curb-appeal in a sought-after South Leaside location.

Linger and enjoy your visit!

Offered at $ 899,000

Charming Cape Cod Home Available at 106 Airdrie in Leaside – Toronto Homes for Sale is a post from: Toronto Real Estate-Toronto Homes For Sale

This Playter Estates-Danforth Village home, nestled beside a parkette, offers abundant space for a growing family.

The main floor with an open-plan designed living and dining room, allows for easy entertaining.

The spacious kitchen opens to a delightful sun-filled family room with French Doors to a private perennial garden.

The current owners enjoy easy access to downtown, the highly regarded Jackman School and the ambiance of The Danforth, with its amazing restaurants, boutiques and an abundant variety of stores.

Roof reshingled – both house & garage in 1999; new cement garage floor and new cement walkways in front, back & side of home in 2002; new steel French doors 2002.

Enjoy four levels of living space, open plan living-dining room with cozy fireplace, gleaming dark wood floors, exposed brick and stained glass. The spacious kitchen opens to a concise den/family room with French doors out to an enclosed private garden.

The home is located in the sought-after Jackman School District. There is great accessibility to all the Danforth has to offer – fabulous dining, fresh food stores, boutiques, banks, and the Chester subway stop moments away.

Extras include: Refrigerator, stove, dishwasher (To Be Replaced with new), all electric light fixtures as well as all window blinds and shutters, broadloom, alarm system, automatic garage door openers and & 2 satellite dishes.

One satellite is High-definition. The roof was reshingled in 1999. The furnace was replaced in 2007. Central air-conditioning installed in 2010.

OFFERED AT $749,000.00

Need any other information? Send us a note in the form below.

Renovated Home Available at 925 Logan in Greektown – Homes for Sale in Toronto is a post from: Toronto Real Estate-Toronto Homes For Sale

Depending on the value of your home, the cost of doing little or no preparation before you sell can cost you upwards of $100,000.00

A recent survey by Kijiji Canada reveals that Canadians do not do “what’s necessary to sell their homes”.

Their survey showed:

Nearly three-quarters (72 per cent) of those who believe decluttering is important didn’t actually purge their home of many items before selling.

Potential loss if above work is not done:  $20,000 to $40,000

A large majority (86 per cent) of those who believe conducting renovations is important before selling a home didn’t do any when selling their home.

Potential loss if above work is not done:  $40,000 to $100,000

A large majority (86 per cent) believe staging is important, but 61% of those who think it’s important didn’t do it.

Potential loss if above work is not done:  $15,000 to $50,000

Above figures are based on a home valued at $800,000

Janette Ewen is a staging specialist, and she says “Getting important pre-sale preparations done when selling a home can often be a challenge simply due to personal finances and time restraints.”Pre-sale home improvements usually come down to time and money”.

Today’s homebuyers come better prepared than in the past.  They simply have more information available through the internet.  These buyers have little time available and will generally look at homes in a move-in-condition.

If your home needs work, such as decluttering, fixing leaky faucets or staging, you are well advised to have all these things done before opening the door to potential buyers.

Toronto Home Owners Lose Thousands of Dollars, Survey – Real Estate in Toronto is a post from: Toronto Real Estate-Toronto Homes For Sale

The Beauchamps lived in their London, Ontario home for six years and during that time they renovated the basement which they used as a playroom and as a guest room.

They sold their home in 2007 and their basement flooded one week before the closing of the sale to Adam and Yogi Soboczynski.

The Beauchamps fix the problem and because their basement had never flooded before they decided not to pass this information to the buyers.

Basement floods again

The problem arose a week later when the basement flooded again and it cost the new owners $20,000 to have it fixed.

The matter ended up in court.

The buyers hired an engineer who testified that flooding had probably occurred during the previous seven years, based on his findings.

Who is a more credible witness, the engineer or the sellers’  relatives?

As a defense, the Beauchamps brought some of their relatives to testify. They had stayed in the basement and there was never any indication of water problems. The Beauchamps had filled a Seller Property Information Statement (SPIS) but the form was not attached to the accepted offer.

The judge preferred the evidence of the relatives over the engineers’ report. He agreed the flooding was a one-off incident and did not have to be disclosed to the buyers.

Important lessons for would-be sellers!

• Disclose all problems you know about. If you are not sure, err on the side of disclosure.

• If you as a seller sign a Seller Property Information Statement, to be safe, do not attach it to the agreement of purchase and sale.  That way, you will be protected if you made a mistake in completing it.

Lessons for home-buyers

• Do not rely on the SPIS because it is not supposed to be a warranty; it is just to be used for information purposes.

• If something matters, always include it in your Agreement of Purchase and Sale. As a home buyer you should never rely on verbal promises or advertisements.

Court Sides with Sellers Who Did Not Disclose Their Basement Had Flooded – Real Estate in Toronto is a post from: Toronto Real Estate-Toronto Homes For Sale

A few Toronto condo developers and some bank economists are concerned about the possibility of foreign investors retreating from the real estate market.

Foreign investors have been a major force in both the Vancouver and Toronto condo markets for several years. However, there is a growing fear that the jittery financial markets may send most of them running for the exit doors.

Exodus of foreign buyers can impact the Toronto real estate market.

That kind of change could have a serious impact on the Toronto real estate market.

Aside from the economic impact that this loss of investment may have, some economists believe that it may have a greater psychological impact on the Toronto housing market, plunging home prices.

Rental rates are not increasing as fast as condo prices making it more difficult for these investor-landlords to pay their mortgages and forcing many of them to sell their units.

Is the Toronto condo market likely to crash?

The Wall Street journal has compared Toronto’s condo boom to Miami, where thousands of foreign investors created a bubble that has caused the real estate market to crash.

What is the value of your Toronto home today?

Give us a few details about your home and we will send you an accurate opinion based on the most recent comparable home sales in your neighbourhood.

Mass Exodus of Foreign Buyers Could Ravage Toronto Real Estate is a post from: Toronto Real Estate-Toronto Homes For Sale

Enjoy your visit to this sun-filled North Toronto home at 124A Melrose Avenue.

Built in 1993, it has since had an extensive interior rebuild by the current owners, with meticulous attention to detail, using the highest standard of materials and workmanship.

This light-filled contemporary home features high ceilings and spacious design.

Its three levels comprise 2350 sq feet on the main and second floors, and an additional 900 sq feet in the lower level, affording ample flexibility.

The lower level boasts its own private entrance and is perfect as a home theatre, teen retreat, or guest suite with surround sound and a cozy fireplace.

The professionally landscaped perennial rear garden is ideal for relaxing with family or for quiet entertaining.

Situated on a tree-lined street between Yonge Street and Avenue Road, you are merely a short stroll to shops, boutiques, great dining and a quick drive to highway 401.

Extras include subzero refrigerator, Thermador double oven and 4-burner gas cook top, Aeg dishwasher, all stainless steel.

Maytag washer and dryer, all window blinds and shutters, second bedroom ceiling fans, professionally installed surround sound wiring and in wall S + W speakers.

Want any additional information? Send us a note below

Modern Sun-Filled Home Available at 124A Melrose – Toronto Homes for Sale is a post from: Toronto Real Estate-Toronto Homes For Sale

If you are looking for seed money for your next ‘great idea’, the CBC’s Dragon’s Den might be your ticket to riches, fame and fortune. Five wealthy Canadian entrepreneurs will listen to your presentation and will make you an offer or send you packing.

Most every person who comes on the show has an ‘inflated idea’ of the value of their business.

The Dragons do not pull any punches and will either make the presenter a realistic offer or he goes home empty-handed.

When you are about to hire an agent to sell your home, you will discover that the good agents will let you know quickly if your price is overly ambitious.

Unlike the CBC’s Dragons, some agents will go along with you and list your home at your price.

Beware! These agents have a little intention of putting any effort into selling your home, and some are using your home as nothing more than bait to attract home buyers for other properly priced homes.

Have an accurate opinion of the value of your home delivered by email. No salesperson will call or visit.

Enter your home information in the form below.

Dragon’s Den and Selling Your Toronto Home – Toronto Real Estate is a post from: Toronto Real Estate-Toronto Homes For Sale

In spite of continued brisk home sales this year, it appears the Toronto real estate market has begun to lose momentum. The two major factors for the slowdown point to home buyer exhaustion, and the ever-growing financial threat caused by defaulting European countries and a stubborn U.S recession.

All real estate cycles come to an end
As in any other market, selling and buying opportunities come and go. In Toronto we have had a sellers market for more than 10 years!

That fact alone should be concern enough for anyone considering the sale of their home. However, Baby Boomers seem unfazed by all that is happening in the real estate market and we find that many are still patiently waiting for the right time to make their move.

Markets do not wait
Should we suddenly be faced with a painful downturn of our economy, home prices can easily drop by 10 to 15 percent, plus the real estate fees.

If your current home is worth $800,000 dollars, you stand to lose $80,000 to $120,000 in a few months.

This happened at the peak of the previous financial crisis in 2008.

Back in 1990, the drop in home prices was even more severe. Canadian home prices fell by as much as 33 percent. It took more than 13 years for home prices to increase to the same level they reached in 1989.

If moving is in your horizon, now is a good time for you to get most money for your Toronto home.

Not only are there many buyers waiting for that special home to come on the market; interest rates are still are historical lows.

Would you like to have a confidential discussion about your future housing needs?

Tell us a bit about your particular situation in the form below, and we will give you several options for you to consider.

Toronto Boomers – Cash in On the Last Home Sellers Market Now is a post from: Toronto Real Estate-Toronto Homes For Sale

Competition Bureau chief Melanie Aitken wants to get rid of everything that’s private information about your home.

It appears that this tireless warrior won’t stop at anything until she is done modelling the real estate industry to her liking.

In many cases there is little if any evidence that she speaks on behalf of the public majority about buying and selling homes.

Most of the changes she has demanded have been adopted by TREB and the Canadian Real Estate industry.

The most recent change implemented by the real estate industry, allowed any homeowner access to the MLS system, without having to pay a listing agent a fee in the event of the sale of that home.

Her latest mission to save Canadian consumers from the real estate industry is not only unreasonable but of questionable legality.

Not long ago, real estate consumers spoke with a single voice about wanting to keep all information regarding the sale price of their homes private. Those requests were turned into law and are found in the Personal Information Protection and Electronic Documents Act, PIPEDA for short.

Ms Aitken appears to want to ignore such law and make all home sale price information available to anyone with internet access.

We believe Ms. Aitken is on the wrong side of the issue and the real estate industry has not accepted her order to change the current situation.

If this issue remains unresolved, Ms. Aitken’s only alternative appears destined for a hearing at the Competition Tribunal, which has the power to impose a ruling or drop the case.

We are John Carr and Rosalin Smith-Carr at primetorontoneighbourhoods.com

Is this a good time to buy or to sell a home in Toronto? Send us your questions in the form below, and we will give you an accurate opinion based on your individual needs.

Thank you for visiting and if you are so inclined we welcome your comments.

Your Private Home Information is at Risk – Toronto Homes is a post from: Toronto Real Estate-Toronto Homes For Sale

Be careful when you go out tonight kids!

There are some really spooky homes out there.

Boooooooooooooooooooooo!

Make sure Frankenstein doesn’t get your treat.

Watch out for the headless knight on a horse.

Remember! Do not cross the black cat path or you may end up in the back of the hearse.

Have lots of fun and make sure to bring an adult with you.

Scariest Halloween Houses in Toronto is a post from: Toronto Real Estate-Toronto Homes For Sale