JUST LISTED: 195 Grand Avenue, Townhouse 2 – $619,900

The open house is this Saturday, April 28 and Sunday, April 29 from 2 to 4 PM.

Backing onto the Mimico Creek, Townhouse 2 is a magnificent, rare freehold townhouse residence, with approximately 2,000 square feet of living space, plus a private sundeck on the third floor that offers enchanting views of the city skyline and Lake Ontario. This home is located on an upscale, wooded ravine enclave in prestigious South Etobicoke.

This home features an uber cool, renovated kitchen, with granite counters and new stainless steel appliances, stunning, dark-stained hardwood floors, three designer bathrooms, and a ground floor family room, with walk-out to lush, professionally landscaped grounds. Natural light floods the whole home. This is an ideal home for families, who want the convenient and carefree lifestyle that a luxury townhouse offers.

This residence is located in the historic Queensway village, one of Toronto’s up and coming neighborhoods. The Queensway had been founded in the 1800s as a small rural farming community. A white stucco cottage that sits on an old farming field at 694 Royal York Road has stood the test of time, serving as a reminder of the past and of the pioneering men and women, who had left their mark upon the landscape. In 1912, The Queensway had begun to grow quickly from the urbanization by Eastern European immigrants, who had innovatively developed the area and its businesses. During this time, Queensway Public School had been built to serve area residents. During the mid-1990s, this historic school had been demolished to make way for the current Costco store, which has played a significant role in the revitalization of the area.

The Queensway has quietly earned celebrity status for the many television, movie, and commercial productions that have been filmed in and around Queensway Park. The Queensway is close to some of Toronto’s best shopping and dining destinations, the best schools, beautiful parks, and quick travel times to the Greater Toronto Area and the airport, via car or public transit.

Click here for flyer.

This property has been presented by Daiva Dalinda, Broker, Luke Dalinda, Sales Representative, and Valentina Morasky, Sales Representative, Royal LePage Real Estate Services Ltd., Brokerage. Tel: 416-236-1871 Email: LDALINDA@DALINDA.NET

STUNNING SEMI – 481A VALERMO DRIVE

This home is a stunning, all new 2,090 square foot semi-detached luxury residence, with uber cool curb appeal. It has been newly built for the discerning buyer, who appreciates quality workmanship and sophisticated styling! This residence sits on a mature, tranquil lot that backs onto Alderwood Memorial Park.

This residence, complete with Tarion warranty, has been built by Modified Homes, renowned for their custom homes in Lorne Park.

This residence is located in Alderwood, one of Toronto’s up and coming neighborhoods. Alderwood had been founded and built in 1933 when Alderwood’s farms had begun to be subdivided for residential development.

Alderwood is close to some of Toronto’s best shopping destinations and quick travel times to the Greater Toronto Area and the airport, via car or public transit.

Click here for feature sheet.

To tour, please call or email Daiva Dalinda. DDALINDA@DALINDA.NET 416-236-1871

The Dalinda Report, March 2012

TORONTO – Tuesday, March 6, 2012

February 2012

The month of February had proved exceptionally strong for Toronto’s real estate resale market, which had resulted in continued record-setting sales, as the Toronto Real Estate Board had reported 7,032 sales of single-family dwellings in February 2012.

Total sales were up by 16% from the 6,058 sales that had been recorded in February 2011, and total sales had increased by 53% from the 4,567 sales that had been recorded in January 2012.

The February average price had crossed the $500,000 mark!

The average price in February 2012 had increased by 8.4% to $502,508 from $463,534 in January 2012. The February 2012 average price had increased by 11% from the February 2011 average price of $453,329. The 2011 year-end cumulative average price had totaled $465,412.

Active listings had increased by 32%.

The number of active listings in February 2012 had increased by 32% to 14,546 from the 11,009 active listings in January 2012 and had increased by 0.1% from the 14,525 active listings in February 2011.

The W07 average price had totaled $789,773.

Home sales of detached houses in the W07 west district, which geographically represents Sunnylea, Thomson Orchard, and Spring Garden Park, had increased to 18 sales in February 2012 from 10 sales in January 2012. The average detached home price in this district had totaled $789,773 in February 2012, which had increased by 1.8% from $775,800 in January 2012, while the median price in February 2012 had equaled $711,000, which had been up from $656,500 in January 2012.

The W08 average price had totaled $900,989.

Home sales of detached houses in the W08 west district, which geographically represents Edenbridge, Humber Valley, North Drive, and The Kingsway, had increased to 60 sales in February 2012 from 32 sales in January 2012. The average detached home price in this district had totaled $900,989 in February 2012, which had increased by 16.3% from $774,563 in January 2012, while the median price in February 2012 had equaled $783,466, which had been up from $690,000 in January 2012.

The W01 average price had totaled $936,150.

Home sales of detached houses in the W01 west district, which geographically represents Riverside Drive, Brule Gardens, and South Kingsway, had increased to 10 sales in February 2012 from 4 sales in January 2012. The average detached home price in this district had totaled $936,150 in February 2012, which had increased by 15.5% from $810,500 in January 2012, while the median price in February 2012 had equaled $820,000, which had been up from $741,250 in January 2012.

Royal LePage continues to be the #1 brokerage in the GTA.

Put the power of Toronto’s #1 real estate brokerage to work for you. Contact Luke Dalinda today. LDALINDA@DALINDA.NET

Royal LePage Real Estate Services Ltd., Brokerage

(The company-owned brokerage)

Royal LePage is Toronto’s #1 real estate brokerage, and such achievement has been based on the value of listings that had been sold each year from 2004 to 2011 from TREB MLS data.

CIBC FirstLine is no longer accepting applications from “stated-income” homebuyers.

 

CIBC FirstLine has decided to stop accepting applications from self-employed homebuyers. If all major banks follow this move, it could have a devastating effect on our real estate industry.

Steve Garganis, a broker with The Mortgage Centre, had said, “These aren’t B-level homebuyers. This is your next-door neighbour who’s maybe a consultant who works from home. This is your contractor or anyone who isn’t taxed by their employer every paycheque and is considered self-employed. This is a huge segment of the population.”

Read the entire feature here.