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Urbaneer News

// October 2016

59

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Autumn's Chill Has No Effect On Toronto's Hot Real Estate Market

 
It’s certainly been a newsworthy October in Toronto real estate, although, admittedly, Toronto real estate is frequently headline-producing, regardless of the month. Most notably, this month’s headlines announced the introduction of the new mortgage qualification “stress test” criteria. In a market where affordability is an ever-present, ever-shrinking issue, this new criteria has the potential to finally slow Toronto's real estate frenzy. Unfortunately, it may also force house hunters who are already weary of searching, to make harder choices and bigger concessions. Similarly, as these measures take root in an effort anchor the market, a bevy of new market conditions are emerging that are effectively fueling the upward momentum of property prices.

Visit www.urbaneer.com for our ongoing observations and commentary on Toronto real estate, and read on below for some of our most popular posts this month. 

HomeWatch News - Household Mold: What Homeowners Need To Know

There is much more to home ownership then signing papers and moving in. There’s some hands-on, elbow grease kind of work that is required to preserve the physical structure that is your investment - your home. We spend a lot of time, when securing a home, focusing on the things that you can see. What about the things that you can’t see? This time around we’re going to look at household mold. The very mention of it can make a homeowner weak in the knees, because of the potential financial and health related consequences. The good news is that there are a number of preventative maintenance actions you can take to keep mold at bay in your house.
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This Month's Most Popular Blogs

Home of the Month - High Park

This month we share the journey of an engaged couple climbing the property ladder from his downtown condominium (they're keeping hers as an investment property) into a freehold residence perfect for the next chapter of their lives together. Our Buyers, young professional urbanites in the creative and technology economies, set out to navigate the choppy waters of the spring market...

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Dear Urbaneer: What Are The Steps To Home Renovation?

If you've been searching for a freehold property to purchase in the original City of Toronto, you've now discovered the age of the city's housing stock ranges anywhere from 70 to 160 years, which means the condition of a lot of dwellings can be marginal at best. Compound this reality with a market where listings are scarce, and affordability is eroding (I wrote about this recently in How The...

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How the Demand for Low-Rise Housing is Fueling Toronto Real Estate Prices

If the ratio between supply and demand weren't constrained enough already, all signs are now pointing to a growing preference for ground-oriented housing (i.e. semi-detached and townhouses), which has become yet another factor that is pushing home prices even higher. Due to a scarcity of land, development has favoured higher density housing, like condominiums, with the province...

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Animal House: Creating a Sleeping Environment for a Happier Healthier Dog

Did you know that dogs sleep as much and more as their owners? In fact, where we, humans, need around eight hours of sleep, adult dogs require almost twice that amount of shut-eye. Given the importance of sleep to good health, and the fact my dog Logan does love his sleep, I decided to look further into sleeping habits of dogs and how to help mine get the best rest possible.

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Latest Listings

An Airy Abbey Lane Loft Near St. Lawrence Market:

Offered at $1,349,000

When you enter into the foyer - spacious enough to feel like its own room - you're greeted with a sparkling powder room and access to ample storage. Turning a corner, a short hall ushers you toward the bright principal living spaces, past a generously sized third bedroom (currently used as a den). Two of its walls feature stylish sliding barn doors uniquely inset with an opaque material that affords both privacy and light. Just steps beyond, the loft suddenly gains horizontal space, opening up into the kind of kitchen that any chef might dream of; the abundance of counter and preparation space alone is impressive. The centrepiece is an oversized marble island that also seats four diners at breakfast. Almost equally...

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Loft Luxe on Logan in Riverdale:

Offered at $949,000

This particular loft is nearly 1500 square feet of heart-grabbing space. Perched on the top level with a sun-drenched south exposure, this visually arresting loft has an incredible volume of space with ceiling heights to seventeen feet and an abundance of windows. From the moment one walks through the foyer, the loft unfolds into an expansive space with massive walls perfect for showcasing your art. The entertainment level features an open concept space with a luxe L-shaped white kitchen fitted with stainless steel appliances, plank wood floors and vaulted ceilings with large double windows that flood the space with light! On the second level, the open mezzanine den with original steel girder ceiling overlooks the entertainment space. It also offers a sleeping sanctuary and a full bath. Up to the top...

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Victory On Victoria Street Near Yonge And Dundas:

Offered at $344,900

For a budget-conscious first time buyer, it’s not always easy to find a residence that reflects your personality and that is located in a neighbourhood designed for your lifestyle. A true 'home' integrates into your life seamlessly with ease. After all, a home is not only the place we hang our hats, but is also the jumping off point from which we connect to all the varied aspects of our lives. Any house hunter will tell you that finding a home that is 'the one' has as much to do with where it is as with what it is. That’s because your life extends far beyond four walls and into the community that surrounds it.

Read more ›

 

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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