Skip to main content

Posts

Go site-seeing!

September 11, 2009 - Toronto Sun-- Tom Lebour, President of the Toronto Real Estate Board... As a GTA resident, chances are you’ve enjoyed visits to the city’s major landmarks. This summer though, you may want to skip those in favour of a different kind of sightseeing tour.Our city’s new condominium developments offer a glimpse into the height of luxury and modern design. And these steel and glass monoliths aren’t just breathtaking to behold from outside. In an effort to distinguish their projects in this burgeoning market, developers are in a seemingly limitless pursuit to offer the finest features and amenities.You’ll find stunning three storey lobbies that feature an awe-inspiring mix of glass, exotic wood and marble.For a mere $30 million, a luxury 9,000 square foot penthouse on the 55th floor of the Four Seasons Private Residences can be yours.Condos are not a one-room box with a view of the nearest brick wall. Today’s condominium developers are offering two and three bedroom uni...

TREB MLS * Average Resale Home Price

Toronto Real Estate Board MLS SALES

Just Listed! 233 Beecroft Rd. Suite 717

$ 289,900 A Rare 2 Storey Loft Style Condo in a Fabulous “One of a Kind” Building in the Heart of North York. Very Bright & Clean with Floor to Ceiling Windows, Hardwood Floors, Lots of Storage, 2 Lockers, 1 Parking Spot. Open Concept Living with an Unobstructed North/West View. Call Jason to View!

A changing shade of grey...

September 04, 2009 -- Toronto Sun , Tom Lebour, President of the Toronto Real Estate Board... More than most other descriptors, associations with the word ‘grey’ continue to evolve.In recent years for example, rather than being considered drab, grey has emerged as a chic new colour in interior design.Back in 1981 when 9.6 per cent of Canada’s population was age 65 years and older, ‘grey’ had connotations of a more sedate lifestyle.By the time of the last Census though, in 2006, the senior share of the population rose to 13.1 per cent and associations with the word ‘grey’ began to change. Today, 60 is regarded as the new 50.Toronto seniors incidentally, were tallied in the 2006 census to an even greater number, comprising 14 per cent on the population. Nearly 95 per cent of this group lives in private residences, with a diminishing number living in senior living centres.Given that seniors are more likely than other age groups to own their homes, it’s easy to see that they represent a k...

Upgraded Family Townhome! $289,900

Rare Corner Unit With Lots of Windows! 3 Bedrooms, 2.5 Baths, Premium Location close to Gatehouse. High-end Hardwood Floors on Main Level, Skylight over Staircase, Clean Bright White Kitchen With Pass-Thru to Dining Room. Lots of Storage. Close to Schools, Shopping, Parks and TTC at Your Door. Call Jason to View!

Vertical City – Toronto is Growing Up

August 21, 2009 -- Tom Lebour, President of the Toronto Real Estate Board. Torontonians are crazy for condos. Last month there were 2,361 condominium sales in the GTA, an increase of 25 per cent from the previous July.While sales of all housing types have been robust throughout the past couple of months, condominium transactions are making a stronger contribution to the big picture than ever before.In little more than a decade, condo sales have gone from comprising a quarter of all GTA resale transactions to accounting for almost one in every three homes that changes hands. In central Toronto condominiums now represent 60 per cent of resale transactions.As a result of the condo boom the population of downtown Toronto grew by 10 per cent in the last five-year census period, representing the largest five-year population increase in the core throughout the last 30 years.And there’s more to come. According to the Canada Mortgage and Housing Corporation the seasonally adjusted annual rate...