Take advantage of this wonderful opportunity to purchase at the historical Britt Condos!
Did you know…
Before TIFF had their permanent location at the Lightbox, it was held for years at the Sutton Place Hotel? It was one of Toronto’s only luxury hotels and all the celebrities would stay under one roof when attending the festival!
The Sutton Place Hotel is now undergoing a condo conversion to The Britt Condos — contact me to take advantage of assignment opportunities and live at this historical location!
The Britt – 955 Bay Street
1) Chelsea Model
2 Bedroom + Den
750 Sq Ft
Occupancy: July 2019
List Price: $839,000
2) Paddington Model
687 Sq Ft
Occupancy: May 2020
List Price: $899,000
Bright and spacious one bedroom in downtown Markham! Almost 600 square feet in the luxurious The Verdale by Remington. Unobstructed premium southeast views, great layout. 9 ft ceilings, modern dark flooring with a walk-out balcony. Large open concept kitchen with stainless steel appliances with upgraded stove and backsplash. Easy access to Viva buses, GO train, and highways. Outstanding amenities include swimming pool, party room, golf room, game room, gym, 24 hr concierge. This unit is a must see!
Address: 131 Upper Duke Cres #514
List Price: $405,000
Extras: Stainless Steel Fridge, Stove, Microwave Hood Range, Dishwasher, Stacked Washer & Dryer, All Electrical Light Fixtures, All Window Coverings
Stunning 7 year old semi-detached house has 3 bedrooms with an opportunity to convert a 4th! Bright corner lot with fenced backyard for entertaining. Stainless steel appliances with gas stove and granite countertops. Unexpected large walk-in closet in master bedroom.
Address: 350A Blackthorn Ave
List Price: $799,000
Parking: Built-in garage, private drive
Extras: Stainless Steel Fridge, Gas Stove, Hood Vent, Dishwasher, Front Loading Washer & Gas Dryer, All Electrical Light Fixtures, All Window Coverings
Gorgeous 2 bedroom, 2 bathroom in sought after Stonebook Condominiums. Minutes to the Clarkson Go Train station. Beside Sherican Creek and steps to the lake, this bright corner unit has 9 foot ceilings, large kitchen with breakfast bar and separate dining nook, granite countertops, hardwood floors throughout, stainless steel appliances. Approximately 900 square feet with an open concept layout and a large balcony. 2 tandem underground parking spots in a premium location beside the elevator and 1 locker are included. Amenities include 24 hour concierge, gym, theatre, indoor pool, party room and guest suites!
Steps to the subway. Minutes to the beach. This beautiful semi-detached house has a long private drive and an oversized landscaped yard! Perfect for first time home buyers with an opportunity to expand in the future. Quartz countertops with breakfast bar. Unexpected large walk-in closet in master bedroom. Bright and open finished basement wth 3-piece washroom suitable for extra an bedroom or recreation area.
Address: 27 Balfour Ave
List Price: $800,000
Parking: Private drive, 4 spaces
Extras: Stainless Steel Fridge, Gas Stove, Microwave Hood Vent, Dishwasher, Washer & Gas Dryer, All Electrical Light Fixtures, All Window Coverings
Attention First Time Home Buyers/Investors! Rarely Offered Junior One Bedroom W/Parking & Locker At The Pantages Tower. Unit Comes With Ample Storage/Closet Space. Bright Unit W/Floor To Ceiling Windows! Quiet Street In The Heart Of Downtown. Steps To Eaton’s Center, Subway, St. Mike’s Hospital, Ed Mirvish Theatre & Dundas Square. Walk Score Of 100!
Rarely Offered Junior One Bedroom With Parking & Locker At The Pantages Tower. Unit Comes With Ample Storage And Closet Space. Bright Unit With Floor To Ceiling Windows! Quiet Street In The Heart Of Downtown. Steps To Eaton’s Center, Subway, St. Mike’s Hospital, Ed Mirvish Theatre & Dundas Square. Walk Score Of 100!
Address: 210 Victoria Street #1813
List Price: $379,000
Maintenance Fee: $428.37
Extras: Fridge, Stove, Dishwasher, Microwave, Rangehood. Washer & Dryer. All Electrical Light Fixtures & Window Coverings.
Premier Kathleen Wynne announced 16 measures today to help increase supply in the Golden Horseshoe region. Hopefully, these measures will slow down the 30%+ increases, to the 10-15% range for the rest of the year. This won’t cause a decrease in prices, just a more gradual increase.
So for the Buyers out there, you may see some relief in the pre-construction sector. For the Sellers, not to worry, you’ll still be seeing the bidding wars and gains.
Here are a couple of the major measures announced and why they won’t curb housing prices:
15% Foreign Speculation Tax
This tax won’t affect the market much as it will only apply on home purchases by non-resident foreigners in the Greater Golden Horseshoe. It will not apply to new immigrants or those planning to live here. The Toronto Real Estate Board estimates that only 4.9% of residential real estate transactions are by foreign buyers and more than half of those are either buying for themselves or a family member. I concur with this estimate as virtually all of my ‘foreign’ buyer clients are either from other parts of the country or are buying for themselves or a family member living in the city.
Ban on Pre-Construction Speculators
This is something that the government has been trying to crack down on for years. This will be good buyers looking to get into the market and for the resale market, where investors will now go to invest in real estate.
Power for Municipalities to Impose a Vacant Home Tax
The Municipalities will wait and see how the real estate market will react to these new provincial measures before implementing a Vacant Home Tax. However, I am sure they will end up imposing such a tax in the near future because the measures announced today will not curb prices by much.
Other Measures Include:
– Expanding existing rent control systems to cover all tenants, including those buildings built after 1991
– Rebate of development cost charges to encourage building of more rental housing
– A move to identify provincially owned surplus lands that could be used for affordable and rental housing development
– $125-million, five-year program to encourage construction of new purpose-built rental apartment buildings by rebating a portion of development charges.
Overall, this will be good for the GTA because the 30-40% increases we are seeing this year are unsustainable. It will put us into bubble territory if it continues this way year-over-year and nobody wants that. For those who have been following me on social media, I have been a huge proponent of transforming single-family homes to multiple units as an investment vehicle. I continue to believe that it is a smart investment decision and now the government will make it easier to do so.
London On The Esplanade – Unmatched Location And Chic Boutique Living In The Historic St. Lawrence Neighbourhood
Extremely Rare *Sub-Penthouse* Sun Filled Corner Suite At Highly Coveted Boutique ‘London On The Esplanade’ In The Historic St Lawrence Market Neighbourhood! Approx 1000 Sqft, Open Concept Split Bedroom Layout, Floor To Ceiling Windows, Unobstructed Lake & Southwest City Views. 9 Ft Ceilings, Large Kitchen With Full Breakfast Bar, Large Master With Ensuite & Upgraded Walk-In Closet, Second Bedroom Walks Out To Balcony. Quiet Suite With No Shared Walls. Well Managed Building With Low Maintenance Fees. Minutes To Union Station, Financial, & Distillery Districts. Walk Score Of 99!
Address: 1 Scott Street #3401
List Price: $899,000
Maintenance Fee: $581.23
Extras: Stainless Steel: Fridge, Stove, Dishwasher, Microwave Rangehood. Washer & Dryer. All Electrical Light Fixtures & Window Coverings Including Automatic Blinds.