Thursday, January 27, 2022

Downsizing? Here's What You Need To Do

Moving into a smaller space often means making the decision to live with (a lot) less. Here's how to ease the transition from big to small before moving day.
As you start to edit your belongings in anticipation of your move, you’ll have to sort the treasures and decide what to do with everything in between. Here are eight factors you need to consider when you’re downsizing:

1. Consider your lifestyle
Whether downsizing is a dream or a necessity, consider your lifestyle before moving into a smaller space. Make sure that your new space, while smaller, still has enough room to accommodate things that are important to you. Is there room for your exercise bike? Does it have a backyard for you to indulge your love of gardening? If not, are you okay with that? You don’t want to move into a space that forces you to sacrifice lifestyle habits that are important to you and bring you joy.

2. Don’t procrastinate
You need time to thoughtfully sort through your things and decide what to keep, toss or donate. Don’t leave this important process until the last minute, or you won’t have the time you need to carefully edit your belongings. This can be a difficult and time-consuming process and the added stress of a time constraint won’t help.

3. Make sure your furniture will fit comfortably in your new space
Your new space is obviously smaller so make sure you measure room dimensions to ensure that your furniture will fit. You don’t want to move furniture in, only to find it’s too large. Measure in advance and don’t forget to take scale into account. For instance, your large sofa may technically fit into your new space, but will it take up the whole room?

4. Don’t pack everything
Edit, edit, edit! Seize the opportunity to minimize all the stuff in your life. In every room, divide your belongings into three categories: Keep, Donate, Discard. 

5. But don’t get rid of everything either!
As tempting as it is to throw things out, make sure you’re careful about what you’re tossing. Go through paperwork carefully to make sure there’s nothing important before you start shredding in bulk. Carefully consider family heirlooms or items with sentimental value; in your rush to purge, you don’t want to regret throwing something out later. 

6. Don’t get rid of things the kids want
Make sure to ask your kids if there are things they want to keep before you toss or donate them. Photos, books, toys, clothing or any number of other things may hold sentimental value to them so be sure to ask for their input first.

7. Too many single-use items
In a small space, you’ll want to make sure that as many items as possible serve a dual- or multi-purpose. So it might be time to reconsider that waffle maker, single-serve coffee maker and maybe even your toaster, depending on how often you use it.

8. Don’t put things in storage
The whole point of downsizing is to live more simply with less — not to store all your excess somewhere else. Plus, storage can be expensive! Downsizing is a time to reflect on what you truly need in your life and to be honest about what can stay and what needs to go.

Tuesday, January 25, 2022

Just Listed | 1350 York Mills Road #1607


***An Exceptional Opportunity***

Terrific 3 Bedroom Corner Suite With Many Updates Including Kitchen, Baths, Stainless Steel Appliances, Separate Ensuite Laundry/Locker Plus BONUS 2 Ductless Air Conditioning Units. Freshly Painted & Ready To Move In. Large Balcony With Wood Tiles. Fantastic Value That's Not To Be Missed!!!

Monday, January 17, 2022

Just Leased | 68 Berkinshaw Crescent


Bright & Spacious, 3 Bedrooms, 2 Baths, Double Sided Wood Burning Fireplace, Terrific Walk-Out To Deck & Private Backyard, Tastefully Updated, Neutral In Décor, Hardwood Floors Thru-Out, Finished Basement. Family Friendly Location On A Very Quiet Street. Steps To Parks, Walking Trails, Schools, Shopping, DVP/401.

Monday, January 10, 2022

Revisiting the Home Office

Recently, more and more households have had to make room for online workplaces, putting added demand on physical spaces dedicated to home-office use. This can become a stressful situation, especially when - due to room restrictions or wi-fi signal limitations - more than one adult or student is required to use the same spot to engage in frequent video conferencing. Optimizing the space is critical. As much as they need access to smart technology, users also need a workspace with a clean desktop or table. Saving files in digital form as much as possible will help keep the work area clear, and make subsequent meetings less stressful. 

For a backdrop, a simple blank wall is fine. But, if you're choosing a bookshelf, minimize visual clutter that may be too distracting or revealing. If you need to block off background views due to other private family activities, consider a portable room divider or "dressing screen". It's a simple solution that protects privacy and serves as a psychological barrier to keep assignments out of view when the workday is done. For those more technically inclined, many of the video-conferencing apps offer "virtual backgrounds" that can place your home office in an endless set of locations, from international sites to outer space vistas. 

Thursday, January 6, 2022

GTA REALTORS® Release December 2021 Stats

A record 121,712 sales were reported through TRREB’s MLS® System in 2021 – up 7.7 per cent from the previous 2016 high of 113,040 and up 28 per cent compared to 2020. Record demand last year was up against a constrained supply of listings, with new listings up by 6.2 per cent – a lesser annual rate than sales. The result was extremely tight market conditions and an all-time high average selling price of $1,095,475 – an increase of 17.8 per cent compared to the previous 2020 record of $929,636.

“Despite continuing waves of COVID-19, demand for ownership housing sustained a record pace in 2021. Growth in many sectors of the economy supported job creation, especially in positions supporting above-average earnings. Added to this was the fact that borrowing costs remained extremely low. These factors supported not only a continuation in demand for ground oriented homes, but also a resurgence in the condo segment as well,” said TRREB President Kevin Crigger.

One sales trend that stood out in 2021 compared to 2020 was the resurgence in demand for homes within the City of Toronto. Overall sales in the “416” area code were up by a substantially greater annual rate (+36.8 per cent) compared to sales growth for the surrounding Greater Toronto Area (GTA) suburbs combined (+23.6 per cent). The marked recovery in the condominium apartment segment was a key driver of this trend.

“Tight market conditions prevailed throughout the GTA and broader Greater Golden Horseshoe in 2021, with a lack of inventory noted across all home types. The result was intense competition between buyers, pushing selling prices up by double digits year-over-year. Looking forward, the only sustainable way to moderate price growth will be to bring on more supply. History has shown that demand-side policies, such as additional taxation on principal residences, foreign buyers, and small-scale investors, have not been sustainable long-term solutions to housing affordability or supply constraints,” said TRREB Chief Market Analyst Jason Mercer.

In December, GTA REALTORS® reported 6,031 sales – a strong result historically, but still down by more than 1,000 transactions (-15.7 per cent) compared to the record of 7,154 set in December 2020. Over the same period, new listings were down by 11.9 per cent to 5,174. The MLS® Home Price Index Composite benchmark was up by 31.1 per cent year-over-year in December. The average selling price was up by 24.2 per cent annually to $1,157,849.

TRREB MLS® Sales-to-New Listings Ratio December 2021

TRREB MLS® New Listings December 2021

TRREB MLS® Average Resale Home Price December 2021

TRREB MLS® Sales December 2021

Wednesday, January 5, 2022

For Lease | 68 Berkinshaw Crescent

***A Fantastic Backsplit In Prime Don Mills***

Bright & Spacious, 3 Bedrooms, 2 Baths, Double Sided Wood Burning Fireplace, Terrific Walk-Out To Deck & Private Backyard, Tastefully Updated, Neutral In Décor, Hardwood Floors Thru-Out, Finished Basement. Family Friendly Location On A Very Quiet Street. Steps To Parks, Walking Trails, Schools, Shopping, DVP/401.