Cutting edge information about the Real Estate market from resale to new developments in Toronto.
Grand Hotel Niagara The hotel is an architectural and cultural landmark, having played host over the years to a colourful guest list of celebrities, politicians and gangsters (with some overlap) that included Marilyn Monroe, JFK, Frank Sinatra, Sammy Davis, Jr., Joseph Cotton, and many more. Previous owners were in the process of renovating the building as a boutique hotel, but lost their entire property portfolio during the recent financial cycle. We have...
Buy Real Estate in mixed use areas Take a walk in the Financial District on a Friday between 7-10 pm. It's hard to believe that an area with such a great walkscore isn't more vibrant. The reason is simple: It lacks the sufficient uses in the evenings and weekends to bring people there. Being the corporate centre of Canada, having an area full of offices may seem to be efficient, but when you look at it, if no one is using the streets during evenings and weekends, its actually pretty inefficient. This...
February 2011 Good Start to 2011! While February started Torontonians off with a major snowstorm, January's real estate numbers were being tabulated, and the results were enough to warm the hearts of many people. With 4,337 single family homes sold in January, 2011 was off to another great year for sales and price appreciation for G.T.A. property owners. The average selling price for January 2011 sales was $427,037, representing an increase of over four per cent compared to the average of $409,058...
January, 2011 Dear Friend, HAPPY NEW YEAR! Another year has gone by and it is time to take stock of the Real Estate Market. 2010 started out as another record year for the Toronto Real Estate Board and by the end of June we posted a record six month period with 51,517 single family units sold. Unfortunately this activity level could not be sustained and the second half of the year was not as good. All in all 86,170 single family units were sold which made 2010 the 3rd best year for the Toronto Real Estate...
Toronto boasts more high-rise construction than any city in North America and 2010 was a big year for new GTA condos. In the words of Heath Ledger's Joker, "I wanted to see what you'd do. And you didn't disappoint." Throughout the year we saw dozens of condo launches, relaunches and a few outright condo failures. Looking back, we can say some of these projects stood out from the crowd. They may have had more hype, purchaser interest, noteworthy design, online interest or something else that caught our attention...
The top tech trends to watch for in 2011 Pre-New Year projections are nothing new in the tech world. As we get set to welcome in 2011, however, it’s becoming increasingly clear that the year ahead will offer more than its fair share of geek-infused excitement. 2010 was the year when Apple’s iPad finally broke the industry’s 15-year tablet computer hex, 3D television came to the big box store, and WikiLeaks underscored just how vulnerable we’ve become to relatively simple security threats. The new year...
December 2010 Dear Friend, Ho… Ho… Ho… Guess what! This gift-giving all started with a Saint named Nicholas throwing a purse of gold through a window each night for three successive nights. It happened that Saint Nicholas knew a poor nobleman in Lycia, Asia Minor. The fellow had three lovely daughters and he worried about their future, so Nick threw a purse of gold through their window, and returned the two following nights to do it again. Well, you can imagine how happy that made them. And the news got ‘round...
Hot new Investment properties in Toronto! TABLEAU CONDOMINIUMS Hot new condos in the entertainment District. We have the Exclusive VIP Access to this project. Neighbourhood: Queen Street West/Entertainment District Location: 117 Peter St. Price: $550-$575/sq.ft Comparables: over $620/sq.ft. Last date to send the worksheets for TABLEAU CONDOS is on Wednesday, October 20th. For detailed information Visit: www.SunnyBatra.com/TableauCondos BACK STAGE Another hot development not to be missed! We have the VIP...
Still time to sell your home in 2010! October 2010 Dear Friend, Don't believe everything you read in the newspapers or see on T.V about how bad the real estate market is. When all is said and done 2010 will, without doubt, finish as the third best year in the history of the Toronto Real Estate Board (after 2007 and 2009) in terms of the number of homes sold. As for average prices, 2010 will set yet another record with average prices in the GTA at $425,000 or 7.5 % higher than in 2009. One result of a strong real...
Thanksgiving is a special time of year, a time to reflect on the past year. A time to be thankful for the blessings we have and look forward to the year ahead with a renewed hope for an abundant harvest. Happy Thanksgiving to you and your loved ones.
Only a day left to register The response for post house condos has been amazing; many people have registered to purchase a unit in this great project. If you are thinking of purchasing a unit here, I want to remind you that there is only a day left to register for this project. Prices for this project are averaging around $500/sq.ft, which is amazing. This project is just a few minutes walk to the entertainment district where prices for the new condo developments are hovering around $750-$850 per square foot...
Newsletter- August, 2010 Market continues to stabilize. Best time to buy! Dear Friend, Now is the Time! First of all I would like to thank you for your continued support which has made me the #2 agent in my office*. Thank you so much for your trust in me. I hate to say it, but if you are thinking of buying, it's a great time to do it. The first seven months of 2010 have been an extremely busy time. The total number of sales was up 12% over the same period last year and the average selling...
Newsletter- July 2010 Market continues to stabilize. Best time to buy! Dear Friend, My prediction of the sales activity was right on last month. I predicted 8,500 homes sold in June and in fact 8,442 homes sold! With approximately 25,500 homes for sale, that means that 2 out of 3 homes did not sell in June! July's sales statistics will be similar. As we head into the heat of the Summer, the number of homes sold and homes available for sale will decrease. I expect approximately 7,500 homes out of the listed...
A parking lot, seen on Oct. 28, 2006, in Calgary. Jeff McIntosh/Globe and Mail Lack of new supply, insatiable demand and condo developments mean parking is practically recession-proof Steve Ladurantaye Real Estate Reporter From Tuesday's Globe and Mail Published on Monday, Jul. 19, 2010 10:00AM EDT Last updated on Monday, Jul. 19, 2010 7:57PM EDT As giant chunks of hail bounced off Sheryl Purdy’s car, the Calgary stock broker briefly considered upgrading to an indoor parking spot...
Enjoy your day with your loved ones. I am off to wonderland with my family for some roller coaster rides and fireworks. How do you plan on spending your day? Regardless of what you choose to do today have lots of fun with your family and loved ones. Happy Canada Day
June, 2010 Dear Friend, I would like to apologies for sending out this newsletter late. I have been extremely busy with Five Condos project and now Chaz On Charles project that I didn't get much time to research and write this month's newsletter. The real estate market continued to be extremely active in May with the sale of 9,470 homes, resulting in the third best May in the history of the Toronto Real Estate Board. The average price of a home rose to $434,155, up 9.7% since the start of 2010, more...
This day is a very special day as it reminds me of all the good times I had with my father who is not with us today. He passed away several years back. He was my best friend. I wish I could turn the clocks back but I can't. However I can take this time to wish all the fathers a Very Happy Fathers Day. I hope you have a wonderful day with your loved ones. If you are not a father then give you father a big hug with a kiss on the cheek and tell how much you love him. Happy Fathers Day
Buying a house can be the most rewarding purchase you ever make. However depending on your current circumstance this may not be your best option. To help make an educated decision, try to answer the following questions first: 1. Do you really want to own your home? Some would argue that this is the first question you should ask yourself. Home ownership, like everything else, is a matter of choice. Only you can decide whether or not home ownership is important to you. If it is then you may want to re-assess...
My last investment project Five Condos has gone up in value by $25,000 in less than a month and is set to be released to the public on June 19th. This project is no different. We have the first access to the units at a VIP discounted prices. Come and learn more about this project on Wednesday, June 16th. www.SunnyBatra.com/ChazOnCharles Sunny Batra, Sales RepresentativeRe/max Realtron Realty Inc.Office: 416 289 3333Fax: 416 289 4535www.SunnyBatra.com My Blog www.SunnyBatra.posterous.comFollow me www...
June 4, 2010 00:06:00Emily MathieuBUSINESS REPORTERA stronger than expected economy has led to more jobs being created across Ontario in May. The province saw an increase of 18,000 full-time positions, with growth over the past year slightly higher than the national average.But the return of formerly discouraged workers to the labour market and an increase in the population means the unemployment rate remained persistently high.Statistics Canada’s latest Labour Force Survey showed the boost in May brought employment...
May, 2010 Dear Friend, The Toronto Real Estate Board reported the sale of 10,898 single family homes in April,a record for April in the GTA. The average home price now stands at $430,946, up 8.97% since the end of December 2009. The real estate market has been extremely busy in the last 4 months, a reflection ofseveral factors: the unusually low inventory of homes for sale, the prospect and reality ofincreased mortgage rates, the reaction to the impending harmonized sales tax (HST) andthe recovery in the...
www.SunnyBatra.com/FiveCondos Sunny Batra, Sales RepresentativeRe/max Realtron Realty Inc.Office: 416 289 3333Fax: 416 289 4535www.SunnyBatra.com My Blog www.SunnyBatra.posterous.comFollow me www.Twitter.com/Sunny_Batra Facebook group www.fbook.me/TorontoInvestment Friends Page www.facebook.com/Realtor.SunnyBatra
God could not be everywhere and therefore he made mothers. HAPPY MOTHERS DAY!
Be the first in the city to get a unit at a discounted VIP Price The newest condominium – Library District Condos at Bathurst and Fort York by Context. It features striking contemporary architecture by KPMB. Adjacent to Historic Fort York, the 29 storey tower will share a privileged position on the future Mouth of the Creek Park with the City of Toronto's 100th Public Library. Minutes on foot to King Street Entertainment District, downtown core, Lake Ontario and the martin Goodman trail, library District Condos...
Reader's Digest names RE/MAX 'Most Trusted Residential Real Estate Brand in Canada' Mississauga, ON (May 3, 2010) -- Dedication, skill, and professionalism earned RE/MAX realtors the designation of Most Trusted Residential REALTOR in Canada by Reader’s Digest magazine. Reader’s Digest will unveil its “Most Trusted Brands” list in its May 2010 issue. The magazine commissioned independent third party Harris/Decima to conduct 1,500 online surveys among a random sample of its panel members from October 2 –...
Every seller wants his or her home to sell fast and bring top dollar. It's not luck that makes that happen. It's careful planning and knowing how to professionally spruce up your home that will send home buyers scurrying for their cheque books. Your home will be judged not only on its outward appearance, but also on the feelings it evokes in those who view your property. Follow these simple tips to prepare your house and turn it into an irresistible home. Sight Use light to showcase your home. Open draperies...
With the prospect of upcoming rate hikes looming over, many home buyers think that locking into the best fixed rate mortgage is the way to go. Does the idea of a mortgage with a fixed interest rate sound appealing? There are mixed messages out there about when and if interest rates are going to go up. But just as important is a thorough understanding of fixed-rate mortgages and what it could mean for you and your home investment in the long run. Here are some common fixed-rate questions you may be asking...
Hot Real Estate Market Continues It's Trend April 2010Dear Friend,Home purchases reached new records as 10,430 single family homes sold through the Toronto Real Estate Board (TREB) in March, pushing total first quarter 2010 sales to 22,418 - the best result on record under the current (TREB) boundaries. The average price for March transactions was $434,696, bringing the average price for the first quarter to $427,948, up 8.2 % since the start of the year. While the strong rebound in the existing home market...
April 2010 Dear Friend, A RATE HOLD CAN PROTECT YOU.The Bank of Canada's 5-year government bond yield is up 18 basis points, the most in almost 5-months. Bond yields guide the interest rate on fixed-rate mortgages. Finding my clients the best savings is my number one priority. Therefore I have been collaborating with my team of mortgage professionals to ensure that I can provide my clients with the lowest and best mortgage rates available. Fixed mortgage rates recently increased about a week ago and economists...
March 2010 Dear Friend, What a difference a year makes. Last February the lack of confidence created by the economic downturn in theStates spilled over into Canada, as February sales slowed in Toronto to only4,120 single family homes at an average sale price of $ 361,305. One year later,with renewed confidence in the economy and the specter of increased buyingand selling costs, (the new HST tax), the volume of sales has skyrocketed to7,291 single family homes in February (a 77% increase from 2009) and averageprices...
Dear Friends, I hope you are keeping well and enjoying the beautiful weather. I wanted to bring to your attention, that the New Podium Series units from floor 3-7 at X2 condominium has been released and is averaging at about $540/sq.ft (PSF). The deadline to register for these units is by March 16, 2010. Other comparable projects in the area are Number One Bloor St. ($800 PSF and just 3 blocks away!), U Condos tower 2 is selling at around $650-$750 PSF (4 blocks away), Casa Condominium priced at $650 PSF (2 blocks...
(download) Click here to download: Did You Know We are living in exponential times (A Must Watch, Really).flv (9.27 MB) As a guest speaker at...
February, 2010 Dear Friend, The real estate market kept up last year’s torrid pace with the sale of 4,986 single family homes, marking it as one of the best January’s in the history of the Toronto Real Estate Board. The market has certainly rebounded strongly from a year ago as the fears created by the United States experiences proved to be groundless in Canada. There is an old expression that says,” Familiarity breeds contempt”. I remember houses that 10 years ago were $250,000 are now $500,000 and it’s hard...
Getting Your Foot in the Door. Home ownership is the cornerstone of financial independence and security. It may seem a daunting prospect to younger people or first-time buyers, but it is achievable. Like many would-be homeowners, you may be wondering how you can possibly afford to buy your first home. Even if you think you can’t afford a home, these saving tips and financing strategies can take you there sooner than you think and turn you from a renter into an owner.Develop a culture of saving The first priority...
January, 2010 Dear Friend, The start of 2010 brings with it the opportunity to set ambitious new goals for the year and even the decade ahead, particularly in light of the market’s fortuitous recovery in recent months. In December, the real estate market continued its strong pace with the sale of 5,541 single family homes, bringing the 2009 total sales to 87,308, a 17% increase over 2008 and representative of a very healthy market. The average home price rose by 4% in 2009 and ended the year at $395,460. 2009...
GTA new home sales up 24 per cent in 2009 January 20, 2010 00:01:00Tony Wong BUSINESS REPORTERNew home sales in the Greater Toronto area were up by 24 per cent in 2009 compared to a year earlier, according to figures released today.The Building Industry and Land Development Association (BILD) stated 33,165 new homes and condos were sold in the GTA, compared to 27,153 in 2008.Most of those sales were in the second half of the year when consumer confidence, sparked by low interest rates, returned to the market.The...