toronto: Real Estate for Seniors
- 06/12/15 06:26 PM
Real Estate for Seniors
A new service launched this week for investors interested in real estate for seniors.
The ageing population is creating new opportunities in the housing market.
This is a growing sector, with an increasing population of retirees and so property aimed at that demographic is proving attractive to investors.
Baby boomers are living longer, working longer and are not making the same choices that seniors before them have made.
The Ontario Retirement Communities Association launched its new data service on Tuesday. It is going to be an online service, called CORE. This service will give investors access to data on the market
toronto: Toronto Foodies -Top Picks for This Weekend: 5 to 7 June 2015
- 06/04/15 06:51 PM
Toronto Foodies -Top Picks for This Weekend: June 5 to June 7
This weekend, Toronto foodies have many choices – there are several festivals to help you get your pick of food to eat. These include:
Mac and Cheese Festival, presented by Metro, providing a gourmet twist to everyone’s favourite childhood dish, while giving back to the community through FoodShare Toronto.
Riverside Eats and Beats, along Queen Street East between the Don Valley Parkway and Queen Street Bridge.
Raw and Vegan Fest at 918 Bathurst Street, just North of Bloor St.
Dundas West Fest, closes down Dundas from Ossington all the way west to Landsdowne. Many
toronto: Earth Hour is between 8.30 PM and 9.30 PM on 28th March 2015
- 03/21/15 06:41 PM
Earth Hour is between 8.30 PM and 9.30 PM on 28th March 2015
Our planet will celebrate Earth Hour, on the last Saturday in March.
The lights will be out for one hour in many cities and towns
in about 162 countries, across the globe.
It is easy to participate, just switch off the lights!
In doing so, you will save electricity and support the environment.
Earth Hour should not be confused with Earth Day. Earth Hour started in Sydney, Australia in 2007. It is a global sustainability movement
toronto: Welcome to Spring 2015!
- 03/20/15 08:16 PM
Welcome to Spring 2015!
So, Spring arrived at 6.45 PM this evening. It feels good psychologically, even though the temperatures are still low. Ever so thankful that it is not as low as it was for most of February.
In Toronto, it was the first February in 75 years where the temperature did not climb above the freezing mark.
Now we can look forward to longer daylight hours and warmer temperatures.
Also, this year there was a total eclipse of the Sun on the same day of the Vernal Equinox! This is quite rare;
toronto: Buying Real Estate is an emotional business,
- 03/08/15 08:15 PM
Buying Real Estate is an emotional business, mainly because buying a property is one of the biggest financial decisions for a person or persons who decide to invest in a home. This decision could affect their lives for years to come.
The right neighbourhood, the appropriate schools, community facilities that meets the needs of the family or individual are important factors when choosing the location of the property.
If buying a condo, the other considerations are what is the reputation of the Builder; and what facilities or amenities are included within the building complex.
toronto: St. Lawrence Neighbourhood Dog Run
- 03/06/15 11:58 AM
St. Lawrence Neighbourhood Dog Run;
a place for dogs to romp and play and poop.
Most owners’ pick-up after their pets are done, doing what they need to do.
However, in this snowy weather, it sometimes sinks beneath the snow,
and then reappears when there is a thaw.
Sometimes, a driver would pull-up along the The Esplanade, open the car door,
so the dog can run into the park, poop and run back into the car.
So, a lobby group was formed trying a plan to fence-in, a part of the park,
toronto: The Toronto condo market is still very active
- 03/02/15 01:33 PM
The Toronto condo market is still very active
Towards the end of 2014, builders were putting the finishing touches on about 10,000 new condo units in Toronto, that were made available to buyers in early 2015. This is eight times more than the monthly average over the past decade. The majority of the new condo units have already been sold, mainly to investors.
However, the influx of new units has increased the number of unsold units to a 21-year high. It is a big increase, especially in light of the fact that the city’s condo market has
toronto: Is Business ongoing, during cold Winter months?
- 02/19/15 09:51 AM
Is Business ongoing, during cold Winter months?
Some people think there is no real estate business undertaken during the cold Winter months and that the housing market comes to a stop,
when the temperature goes down to sub-zero numbers on the thermometer;
to a great extent, that is true.
At the moment, I am working on a rental deal.
The Tenant is putting in an offer, and is hoping to move in, on the 1st of March.
Yes business is slow; and additionally there are more reasons
to dislike the cold weather; reasons such
toronto: Frosty Valentine’s Day
- 02/13/15 06:06 PM
Frosty Valentine’s Day …….
Valentine’s Day in Toronto, ON is going to be cold.
On Saturday evening it is going to be -16C and on
Saturday night it is going to be -23C, feeling like -37C.
For some, the day will be a magical time for romance and
others will be stressing-out, as to how to cope with the cold.
Some will spend the day enjoying Winter sports like skating or skiing,
others will go out to a show and / or dinner and yet
others not wanting to be
toronto: Toronto, ON had a bone-chilling Thursday
- 02/12/15 07:52 PM
Toronto, ON had a bone-chilling Thursday with the temperature at -16C and wind chill of -26C.
Residents bundled up to brace the frigid weather, which is expected to linger for the weekend. There has been an extreme cold weather alert in force for the city as the negative double-digit temperatures continue.
Two extra 24 hour drop-in warming centres have been opened to provide clients with warm food and drinks.
Toronto has seen 18 days of extreme cold weather warnings, so far, for the 2014/2015 Winter season.
toronto: The Bartholomew, Toronto, ON
- 02/11/15 07:02 PM
The Bartholomew, Toronto, ON
A new development is being launched this Spring by The Daniels Corporation.
It is called ‘The Bartholomew’ and is to be located at
Dundas Street East and Regent Street, in east Downtown Toronto, ON.
It will consist of a 13 storey residential condominium tower
with prices starting from the low $200,000's and
traditional townhomes with prices starting from the mid $500,000's.
This project is steps from a new park, an aquatic centre, schools and shopping.
The condo tower suites will range from studio units to two-bedroom
toronto: Small may be the way to go ……. micro condos
- 02/10/15 02:00 PM
Small may be the way to go ……. micro condos
As more single people are wanting to own homes; and higher prices make cities like Toronto, ON unaffordable for single income or low income buyers, small may be the answer.
Also, investors are seeing it as an opportunity to buy small condos and rent it out to young professionals who move to the ‘big city’, Toronto ON in search of jobs. Young people spend most of their day time at work, and evenings socialising and are happy to come home to a small livable space that they call
toronto: Condominium Rental Units versus Purpose-Built Rental-Building Units
- 02/06/15 08:26 PM
Condominium Rental Units versus Purpose-Built Rental-Building Units
Recently, Urbanation has been engaged in consulting work, for the market in new purpose-built rental buildings.
In their research they found that some new purpose-built apartment rental projects have been achieving higher per sq. ft. rents than comparable condo project units.
They chose 5 recently completed rental apartment buildings, and compared them to condo projects that were of a comparable scale as the rental buildings.
With 4 of the projects, the average rent for purpose-built units was 4.4% higher or $0.12 more psf; but when the 5th project
toronto: Toronto, ON was named the best overall city to live in
- 01/30/15 05:10 PM
Toronto, ON was named the best overall city to live in, by the U.K.-based magazine, The Economist.
Factors that were taken into account for the ranking were based on business environment, democracy, food security, safety and livability indices.
Although the overall rank was #1; Toronto was placed 4th on two of the indices: the Business Environment and Livability rankings, and only #8 in the Safe Cities category. Tokyo was #1 in this category based on indices that included pedestrian friendliness. One of my colleagues who was there a couple of weeks ago, did mention to me,
toronto: Interest rate competition? - to help move the fence sitters
- 01/28/15 06:12 PM
Interest rate competition? - to help move the fence sitters.
Last week when the Bank of Canada cut the interest rate, the big banks were not in a rush to cut interest rates, but this week the talk is that the Royal Bank of Canada is the first of the big banks to drop its 5 year fixed rate to 2.84% and it is also cutting the rates for its other fixed rate products.
So, setting up the possibility for ‘interest rate competition’, between financial insititutions.
This gives impetus to buyers who are still sitting on the
toronto: Condo Sales in the last quarter of 2014
- 01/20/15 07:43 PM
Condo Sales in the last quarter of 2014
In the last quarter of 2014, 4975 condominium units were reported as sold
on the Toronto MLS system. This is an 8.3% increase over the last quarter of 2013.
Although the number of re-sale units listed for sale grew in that 2014 time period
and also added to by newly completed units that became available on the market;
the demand for these units was much greater than the supply.
The condo segment of the real estate market has not shown any signs of slowing down in the Toronto, ON
toronto: First Pedestrian Tunnel -Under Water to an Airport
- 01/12/15 10:58 AM
First Pedestrian Tunnel -Under Water to an Airport
The world's first pedestrian tunnel under water to an airport is due to be completed this year.
This project under taken by the Toronto Port Authority involves building a pedestrian tunnel across Toronto's Western Gap to connect Billy Bishop Toronto City Airport to the mainland.
The pedestrian tunnel construction began in March 2012. When completed the tunnel is expected to provide an easy access route for travellers.
This pedestrian tunnel will have four moving sidewalks, travelling at 2.3 kilometres per hour. This part of your journey is
toronto: Toronto, ON - Downtown Waterfront Development
- 01/08/15 03:36 PM
Toronto, ON - Downtown Waterfront Development
A new development is being planned for the Toronto Downtown Waterfront at 143 Queens Quay East. The main intersections are Queens Quay East and Jarvis St.
It will include an arts community, a music venue and another branch of George Brown College.
Work is to start this year, when Daniels Corporation, takes over the lease, on land currently occupied by the night club called ‘The Guvernment’.
This night club building, which has been holding entertainment events for the past 18 years, will be demolished and then construction will
toronto: Toronto, ON -Berczy Park -Sept 2014 pictures
- 09/01/14 06:26 PM
Toronto, ON -Berczy Park -Sept 2014 pictures
Towards the end of 2013, I wrote a blog post on Berczy Park .....
and here are some follow-up pictures.
as there was a request for updates from a comment.
Today being a holiday, part of the long, Labour Day Weekend, there was time to meander around and take pictures. It was a hot sticky day, luckily no rain in the afternoon and therefore it was a good opportunity to take pictures. By this time, the crowds had dispersed following the Labour Day Parade in Toronto.
toronto: PIER 27 Condo for Rent 2 Bedrm located at 39 Queens Quay E. Toronto, ON
- 08/16/14 06:56 PM
PIER 27 Condo for Rent 2 Bedrm located at 39 Queens Quay E. Toronto, ON
At The Waterfront, In Downtown Toronto. Luxury 2 Bedroom 2 Washroom Condo.
Two Balconies With Amazing City Views. Lake-View From West Balcony.
Corner Unit With North And West Views
Approx 816 Sq Ft. Great Location At Yonge And Queens Quay E. Close To Gardiner Expressway. Walking Distance To Union Station And Financial District. Steps From LCBO And Loblaw's.
Brand New, Never Lived-In.
Modern Kitchen. Top Of The Line Miele Appliances. Gas Cook-Top, Sub-Zero Fridge, Exhaust Hood-Fan, Built-In