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Urbaneer News

// February 2015

39

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Despite February's Chill, The Market Is Sizzling

As we enter the home stretch of the winter season (which has been long and chilly), we become increasingly vigilant for signs of spring. Any sign of spring. Please! While the thermometer persists, rather stubbornly, in sub-zero territory, we will have to rely on the Toronto property market to generate heat - which it certainly is!

The market is already steaming full speed ahead, with lots of activity and opportunities for buyers and sellers alike.

HomeWatch News - High-Rise Versus Low-Rise: Exploring the Toronto Real Estate Gap

A new report explores the consequences of the fast-growing chasm between high and low-rise housing. Research firm, Real Net, along with the Building Industry and Land Association (BILD), have come together to chronicle the record-setting price gap between low-rise and high-rise housing, which this past year hit just over a whopping $251,000. To put this in context, back in 2012, the average price difference between the two markets registered at a modest $75,000. In 2014, the gap widened dramatically, with the average price of a low-rise home in Toronto rising to $705,813 (an 8% jump from the year prior), compared to the average price of a high-rise unit rising only 4% to $454,476. So what’s happening?
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This Month's Most Popular Blogs

February 2015 Home of the Month - Dufferin Grove

Our Buyer - who had just returned from Europe - enlisted our services to find a 3 bedroom house in the central West end. Her preference was for a house that was solid, with good mechanics, but still afforded the opportunity to improve as she was enthusiastic to put her own personal stamp on a dwelling and increase its resale value. And, like many Buyers in a climate of rapidly spiking Toronto...

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The Literal Sale, Literally

We listed a semi-detached house that, along with its attached neighbour (and many others in the neighbourhood), was built on landfill over what was once Garrison Creek. The property was so tippy that an egg wouldn't sit on the counter without rolling off. Until the owner and the neighbour agree to knock down the attached houses, they will forever be stuck living on the tipping point. However, by converting the house into two...

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I Loves Me an Art Rail

I've been a lover of Art Rails and spot lighting for some time, and I almost always recommend to my clients to install one if they can. It makes rotating and lighting my ever-changing (and surprisingly extensive) collection easy-peasey, no matter where I live. It's one of my go-to's for Toronto real estate. So when I began renovating the Garden Suite of my 1960s purpose-built duplex, the question wasn't whether I would...

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Dear urbaneer: How Much Profit Should I Expect Climbing the Property Ladder?

This time around, one of our clients is expressing his frustration at water-cooler chat that makes him feel like he is somehow being left behind by "get-rich-quick" real estate. Is climbing the property ladder truly profitable? He has been working his way up the property ladder, and doesn’t feel like he’s seeing these huge "profits" that people keep boasting about. He’s worried he...

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Latest Listings

A Live/Work Loft in the Junction:

Offered at $1,998,000

This compelling detached three-storey 'vintage building' with a commercial/residential zoning and laneway parking is the ideal live/work entrepreneurial destination for someone seeking to accommodate their multi-dynamic life. Located on Dundas Street West, this building - on a 21x140 foot lot - has been lovingly transformed since 2009 into a mix of visually-arresting spaces. With a total of around 3000 square feet of space, the ground floor retail zone with lower level storage - currently leased at $3600 per month (with room to increase) - lends...

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A Lofty Cityvista ‘House in the Sky’ on Niagara:

Offered at $1,924,000

The entertainment zone incorporates an inviting living area (with convenient powder room) with an adjoining dining area ideal for gathering to celebrate with friends and family. Floor-to-ceiling windows throughout provide ample light for the living areas. The open-plan fully featured chef’s kitchen features slate flooring, quality appliances, quartz counter tops and an island with additional seating. For warmer days, two full width north (with BBQ!) and south facing terraces with composite wood decking welcome entertaining and relaxing out of doors. The two...

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Creative Company Headquarters at 43 Laing Street:

Offered at $1,695,000

43 Laing Street offers your company the width, adaptability, and freedom it needs. It is an address that if you’re in the music or sound industry, you already know. Before being a audio mastering company, 43 Laing was home to a photography studio. So even if your company isn’t a sound company the flexibility that a light-industrial building gives you is enormous. Want to change the configuration of the walls? No problem. The structure, with a main floor of around 2890 square feet and an upper residential suite of about 1140...

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A Concrete ‘N Cool Corktown Loft:

Offered at $899,000

Inside this well-appointed fully-furnished 1154 square foot loft space you'll be immediately struck by polished concrete floors that flow throughout the space. The entry foyer greets you with a generous closet providing storage for your seasonal-wears as well as for your guests. Open concept loft-living at its finest, you’ll be met by a full wall of windows that run the full height of 10 foot ceilings shedding light on an open-plan living-dining area and bright, contemporary kitchen with stainless steel...

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A Cube Loft on College Street in Little Italy:

Offered at $759,900

This modern 6-storey boutique building contains 21 lofts ranging in size from 543 square feet to just over 2100 square feet. Loft 201 is around 1081 square feet of interior living space plus a 200 square foot south-facing treescape terrace, stacked parker and locker. Featuring a split 2-bedroom 2-bath floor plan, this contemporary cube boasts 9 1/2 foot ceilings, wood floors, and some sizzling chic upgrades. I love the dreamy white lacquer Scavolini kitchen with its integrated appliances, gas cooking and stone...

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A High Park/Junction Loft in a Converted Church:

Offered at: $499,000

The unique modern loft-styled suites in this converted church offer all the comforts of contemporary living while preserving many original features such as the church spire, period light fixtures, soaring ceilings, and historic capitals. This bright one bedroom and den one-bath lofty unit of about 863 square feet boasts a dramatic open plan with soaring 12 foot ceilings. Featuring engineered wood laminate floors, granite counters and an efficient modern kitchen with stainless steel...

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A MoZo Perch Near the St. Lawrence Market:

Offered at: $465,000

Loft 707 is a smartly styled efficiently-designed crisp contemporary space. Over 800 square feet, this concrete-encased rectangular volume boasts generous ceiling heights, good proportions, and an expansive curtain wall of glass! The U-shaped kitchen accommodates the preferred ‘work triangle’, a fundamental design created by connecting the three major work areas of a kitchen: the cleaning area (sink), the cooking area and the refrigerator. For cooks, more trips are made within this zone than...

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Bijou Brilliance in the Iconic Merchandise Lofts:

Offered at: $364,900

Upon entering this exquisite loft that expands over 720 square feet, the eye is immediately drawn upwards, pulled by soaring 14 foot ceilings and huge windows that envelop you with a sense of space and natural light. Marrying the grit of its past with a chic redux - the appealing result in fusing the industrial with the domestic - the polished hardwood floors spread throughout the space and reflect light from the westerly exposure. The loft features a thoughtfully designed and highly useable study/office area. The dreamy chef’s kitchen which is open to...

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A Fresh Starter in the Junction:

Offered at $314,900

Suite 1525 combines 500 square feet of urban condo essentials. The smart and functional open concept layout features an entertainment space that accommodates both sitting and dining areas. The stylish compact kitchen is fitted with granite counters, a double sink, stainless steel appliances, and a breakfast bar. The bright and sunny master bedroom provides for a cozy sanctuary, and includes a spacious stand-alone closet. But if views are what you want, the balcony perch is where you can indulge in the most spectacular vistas of the Toronto...

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A True Brick and Beam Loft in Historic St Lawrence Market’s Imperial Lofts:

Rent for $2700 per month plus utilities

This top floor vintage corner loft is a stylish sun-filled 2 bedroom, 1 bath open concept space featuring large windows with north and west exposures. Thoughtfully designed, there's convenient ensuite laundry directly adjacent the kitchen, and a large second bedroom complete with its own closet and built-in shelving. A full four piece bath is situated between the master and second bedrooms, creating a split-bedroom plan. The exceptional open concept entertainment space features two walls of 100 year old red brick walls, vintage wood beams, classic mullioned windows and high ceilings...

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At urbaneer.com, we pro-actively position properties, relying on our deep skill set. With a multi-disciplinary education on housing, over twenty years of real estate sales, and a commitment to service, consider making urbaneer.com your realtor of choice! Call us for hassle-free pressure-free guidance at 416-322-8000. We're here to earn your trust, then your business.

Steven Fudge, Sales Representative
Bosley Real Estate Ltd., Brokerage

 

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Bosley Real Estate Ltd., Brokerage, 290 Merton Street, Toronto, ON Canada, M4S 1P9
Tel: (416) 322-8000