Charming & Affordable
This well maintained Aspen Ridge home is approximately 2,400 sqft with plenty of natural light flooding in, lots of pot lights, open concept, parquet floors, main floor laundry with walk-out to garage, family room with gas fireplace, master ensuite with soaker tub & separate shower. Garden shed attached to house, fully fenced, interlock patio, separate basement entrance to two
bedroom apartment perfect for in-law suite or tenant.
This spacious and inviting townhome is ready for move-in. Previously a 3 bedroom converted to 2 spacious bedrooms. Semi-ensuite off the master bedroom. Enjoy this open concept with Chef's kitchen & designer touches throughout. Tranquil newer interlock patio with Japenese Dogwood; Finished basement apartment with separate entrance & second kitchen, perfect for nanny or in-law suite. Beautifully renovated and completely cozy. Upgraded appliances.
For more information, click on the following link: www.7aldershot7.com
July 5, 2012 -- Greater Toronto REALTORS® reported 9,422 home sales through the TorontoMLS system in June 2012. The number of transactions was down by 5.4 per cent in comparison to June 2011. The year-over-year decline was largest in the City of Toronto, where sales were down by 13 per cent compared to June 2011. Sales in the rest of the Toronto Real Estate Board (TREB) market area were comparable to a year ago.
“Buyers continue to face the substantial upfront cost associated with the City of Toronto’s unfair Land Transfer Tax,” said TREB President Ann Hannah. “Recent polling by TREB suggests that many households are considering home purchases outside of the City of Toronto to avoid paying the Land Transfer Tax. This goes a long way in explaining the disproportionate decline in sales in the City versus surrounding regions.”
The average selling price in June was $508,622 – up by 7.3 per cent compared to June 2011. The mortgage payment associated with the average priced home in June, assuming five per cent down and a five-year fixed rate mortgage amortized over 25 years, would account for approximately 35 per cent of the average household’s income in the GTA after adding property tax and utility payments.
“According to new mortgage lending guidelines set out by Finance Minister Jim Flaherty, the GTA housing market remains affordable. The share of the average household’s income going toward major home ownership payments for the average priced home remains below the 39 per cent ceiling recently announced by Mr. Flaherty,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.
“The average household in the GTA continues to benefit from a considerable amount of flexibility to account for higher interest rates moving forward,” continued Mercer.
June 21, 2012 -- The Honourable Jim Flaherty, Minister of Finance, announced four measures for new government-backed insured mortgages with loan-to-value ratios of more than 80 per cent:
The new rules will take effect on July 9, 2012.
For more detailed information, please visit www.fin.gc.ca
Newer hardwood floors thru-out the unit. Feels very spacious & cozy. Granite hallway entry and kitchen countertops.
Conveniently located with side entrance for easy exit or when bringing in groceries. 1 Parking spot included. 24 Hour Concierge & security.
Award winning facilities include: large gym, change rooms & saunas, indoor pool with hot tub, salon/spa services, theatre, billards room, party/rec room, basketball courts, fitness classes & more!
TTC at your doorstep, 24 hour Rabba, restaurants, Rogers Centre & much more within steps of the building.
Brand New Condo Building on the boarderline of Vaughan & Toronto.
Cozy with high-end finishings and stainless steel appliances, 9 FT ceilings, open concept, hardwood floors, open balcony with unobstructed views.
Also, building features: 24 Hour Concierge, large gym with great equipment, party/rec room, library, media room, guest suites. 1 locker and 1 parking spot.
Steps to mall, shopping, restaurants, TTC, and much more!
The Churchill Collection of townhomes is a small enclave of only 13 units located on the north side of Winston Churchill Park, just east of Spadina.
For one day only, our clients are privy to a private showing of this new development. We will have access to the full site plan and the lowest pricing, all prior to opening up to the public and other Brokers.
This is a small window, but there are only 13 homes and they will go quick.
The designs are terrific, ranging from 2,100 to approx. 2,900 sq. ft.
All units feature gourmet kitchen with appliances like Wolf, Sub Zero and Miele, roof top terraces, 2 car underground parking, and open concept living spaces.
Please RSVP to us at your earliest opportunity as there is very limited space.
The unit is on the 9th floor and faces directly south for beautiful unobstructed downtown views.
Features included the following:
Think it’s all about kitchens and bathrooms? Or maybe you’re focused on the basement suite? Turns out a lick of paint could be the best investment you make for your investment property.
If you do only one thing, according to a new report from HGTV.ca and BMO, painting inside and out should be it. That low-cost investment tops the list of key renovations guaranteed to up cash flow for landlords and property values for investors looking to cash out.
Other top performers include the ever-popular kitchen refurb, bathroom remodeling and replacing doors and windows.
The latest Annual BMO Home Renovation Report shows fewer Canadians are planning home renovations this year, but they are focused on projects with the greatest returns. Half of Canadian homeowners (51 per cent) plan to renovate their homes in the next year, compared with 62 per cent in 2011.
"Making home upgrades can add significant value to a home; however, it's crucial that homeowners consider the financial implications involved," says Laura Parsons, mortgage expert, BMO Bank of Montreal. "Renovation projects come in different shapes and sizes and vary in return on investment."
Renovation Hit list:
Painting: When done well and with taste, applying a fresh coat of paint to the interior or exterior of a home is a simple way to realize gains on your renovation investment.
Return: As much as 300 per cent.
Kitchen remodeling: A kitchen renovation can be one of the most costly home improvement projects. However, careful planning, budgeting and shopping will help minimize expenses. Consider aspects such as whether or not the project is in line with the style and quality of the rest of the house and neighbourhood.
Return: 68-120 per cent.
Bathroom addition/remodeling: A bathroom addition should be a top priority for those looking to add value to a home with only one bathroom. This is particularly true if neighbouring homes feature multiple bathrooms. Additionally, upgrading an outdated bathroom will also bring significant value to a home. Return: 80-130 per cent; 65-120 per cent respectively.
Window/door replacement: Replacing inefficient windows or doors can be an excellent use of your home improvement dollars, as they refresh the esthetic and also help to keep energy costs down. Stick to standard styles; odd shapes and highly customized arrangements do little for resale value.
Return: 50-90 per cent.
Deck addition/improvement/expansion: Decks are one of the few exterior improvements with any significant return, apart from painting.
Return: 65-90 per cent.
*Canadian Real Estate Wealth
Click on the followig link to see all the great PHOTOS and additional INFORMATION for
401 Arlington Avenue in Cedarvale.
New Listing About To Hit The Market!
CEDARVALE
Urban chic meets cozy retreat
This charming semi-detached will welcome you right into a cozy & comfortable home.
It's trendy & renovated with great curb appeal that's also affordable, on a low traffic street.
Featuring: Beautiful hardwood floors, freshly painted, newer roof, newer appliances and newly renovated basement; two new sump pumps, newer 50 gallon water tank & high efficiency furnace & more.
Come by to have a look, you won't want to leave...
For more detailed listing information, please visit our website: www.CohenRealtyTeam.com
