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Urbaneer News

// October 2019

95

Woman riding a bike on a fall day

October is all about relishing the beauty and bounty of autumn. It is the month of thanksgiving – in all senses – as we enjoy the year’s harvest, feast, and spend time with our loved ones. We also take time to reflect on the pleasures we enjoyed during the spring and summer, knowing that the falling leaves herald what is predicted to be a very frigid winter! In this brief season, when nature is in flux, the landscape is at its most radiant and colourful, gifting us bold visuals to hold dear in our minds until spring, when life emerges again!

Homewatch News: How To Reconcile Home Ownership Dreams With Real Estate Realities - For Millennials

While it does seem that the odds are stacked against millennials when it comes it home ownership in Toronto, it's not necessarily out of the question. But it certainly is far from easy, given the rise in student debt, a lack of available housing supply, and more stringent lending policies. For millennials, given the numerous hurdles to cross, creative solutions and a buying strategy are even more important.
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Track showing lane numbers

Blog Posts

Tree-lined street with houses in Cabbagetown

Urbaneer’s Toronto Real Estate Forecast 2019: Part Two

Welcome to Part Two of the Urbaneer Toronto Real Estate Forecast for 2019! In Part One, I examined the state of the Toronto real estate market in terms of recent activity and prices. For this edition, I’m going to comment on where the market is - and where it might be going - as a realtor active in the central City of Toronto real estate trenches. Instead of looking at housing type specifically, I’m going to look at buyer segments, including who is buying what and the opportunities and challenges they each face.

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Showroom for Spruce Decor

The Federal Election And The Canadian Housing Market

With the high cost of housing outpacing the incomes of many citizens in Canadian cities, the issue of housing affordability is on the radar of a lot of voters in the recent election. It's a factor that weighs heavy on middle-income households (Here's my post on Toronto Real Estate & The Missing Middle: Part One - and - Part Two), and millennials who are facing ongoing challenges trying to buy their first home. (This is from my Dear Urbaneer series called How Can Millennials Possibly Afford To Buy Real Estate?”). With a minority Liberal Government now elected, it will be interesting to see how any or all of these housing-related promises will come to fruition. What are they?

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Screenshots of various design ideas

Dear Urbaneer: What Are The Important Considerations Surrounding Multi-Generational Housing?

As far as multi-generational living goes, there are a lot of upsides. If parents are involved in the purchase, the purchasing power is expanded, raising the odds of you finding a suitable home in a desirable location. There is also the fact that having parents close by can help with another major cost- childcare. Similarly, there is the peace of mind as parents age, knowing that you will be able to support them as their health and lifestyle alter. One challenge with this approach is finding a property that suits everyone, in addition to the usual features that buyers seek in a home (i.e. proximity to amenities, storage, thoughtful layout, etc. etc).

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Buidings at Yonge & Church

October 2019 - Home Of The Month - Little Italy

This month's tale focuses specifically on the loft conversion located at 200 Clinton Street in Little Italy - located just north of College Street west of Bathurst. As a lover of unique urban spaces - with a career spanning 27 years in the Innovative Space market including the adaptive reuse conversion of several projects - I've had a lot of experience in the buying and selling of lofts which fall into two categories: hard and soft. Traditionally, the original loft spaces were created by converting existing factory buildings into residential or live/work use. Essentially, the adaptive reuse of a structure - typically one constructed last century for commercial or industrial production, and built of brick and wood beam timbers or poured concrete - represents the historical roots of the loft market.

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Latest Listings

A Live/Work Brownstone On The Danforth

Offered at $1,289,000

Detached but abutting its neighbours, this two-storey dynamic property underwent a significant renovation with permits in 2014, transforming it into a 3bed residence. In its current residential configuration, one enters from Danforth Avenue into an open plan Kitchen/Diner. Awash in light from north-facing windows, this is the perfect space to gather family and friends for a communal meal or an intimate meeting. The stylish kitchen is well-proportioned and efficient, boasting stainless steel appliances (including a stunning gas range and vent hood), stone flooring, and stone countertops. From the recessed lighting and chrome fixtures to the dual-toned cabinetry, this space is chic and contemporary - the attention to detail is sublime.

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Danforth Brownstone

A Vintage Brick And Beam Imperial Loft Near St Lawrence Market

Rent for $3300 + Hydro

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. 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. With the original patina of the old factory hardwood floors throughout, the galley-style kitchen with upgraded appliances, granite counters and convenient breakfast bar make this the perfect space to gather friends round. Completely separate, a substantial master bedroom  features a large operable window, ceiling heights of over 10 feet and built-in custom cabinetry.

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Facade of the Building at 90 Sherbourne

Two Short Term Rentals In Prime Riverdale, Steps To Danforth:

Rent for MAIN $3500/month

The Garden Suite has just been refreshed into a modern furnished dwell. With a luxe kitchen (stainless steel appliances + Caesarstone counters), an upgraded bath with rain shower, and two bespoke bedrooms, this designer renovation incorporates original 60s teak furnishings with custom contemporary appointments. Well-crafted and well-executed, the suite offers a covered outdoor terrace with a gas barbecue, one car surface parking and laundry facilities in the lower level. Fitted with quality linens, stereo, Wi-Fi, and flat screen TV, this heart-grabbing space is well-suited to those seeking temporary accommodations including corporate relocations. The Upper Suite, an unfurnished two-bedroom hideaway, is also available for lease!

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Skyline view from Riverdale Park

Gorgeous On Glebemount In East York

Rent at $2500 Per Month+ Hydro

We're pleased to offer this newly renovated 2bed 1bath suite in a well-maintained legal duplex just steps from the action. For those who value a decidedly connected community, this 3-suite semi-detached dwelling on a corner lot on Glebemount Avenue is part of that 'small-town' feel that emanates from this tight-knit community. This Upper Suite, features two bedrooms and one bath, with ensuite laundry. Finished with gleaming quality laminate flooring throughout, this well-maintained suite is drenched in light with a skylight, and north, east and west exposures. It is well-proportioned with generous room sizes, a smart layout, a newly renovated chef's kitchen boasting handsome subway tile backsplash and quartz countertops to make meal prep and clean up a breeze.

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House on Glebemount

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