ETOBICOKE-WEST TORONTO, ON
HOME & LIFESTYLE GUIDE Volume 15, Issue 12
NEW BUILD IN THE HEART OF ISLINGTON VILLAGE WITH SMART HOME FEATURES! MORE INFO ON PAGE 4 TEXT R868618 TO 52187
Request FREE MAGAZINES online, or call 800-841-3401
Majestic Properties (Canada) Inc, Brokerage
Philip Griffiths, Broker of Record Jane Fedosiewich, Sales Representative 416-801-1882
2018-06-25 7:14 PM
S A M TA S S O N E . C A SALES
Top 5% of All RLP Realtors in Canada www.a s g ood a sS OLD.c a M
Senior Real Estate Specialist
ST. GEORGES GC. - PRINCESS MARGARET & ISLINGTON Reno'd 4+1 BR! Kitchen w/ island & French door W/O to yard. Family room w/FP, liv/ din rm combo w/French door W/O, LL offers BR, gym, rec room. Hrdwd thruout. Yard w/I/G pool, Cabana, gazebo & patio. Great school district.
H LOUG T! E
Text R796371 139 BEAVER BEND CRESCENT. Gardi built home on a cul de sac. 4+1 BR w/large master, W/I closets, ensuite, family room, kitchen, dining room combo & W/O from kitchen to yard. Near schools, shops, steps to TTC & parks. Minutes to airport & downtown. $1,239,900
Text P770534 PRINCESS ANNE MANOR Brand new contemporary home on a quiet cul-de-sac. Modern features, gorgeous kitchen, spacious family room, grand master with 5 pce ensuite, & walk out to large west facing sun filled lot! $2,349,000
Text R754171 PRINCESS ANNE MANOR A beautifully renovated bungalow on a pie shaped lot with a walk out basement. Walking distance to schools, shops, parks, TTC and more. Offered at $1,549,000.
Prime Sunnylea! Bright 3 bdrm home offers potential move in now, renovate, addon or build new! Features incl living room w/wood-burning FP, formal dining room, family sized kitchen, 3 BRs & finished lower lvl.
RICHMOND GARDENS GEM Gorgeous reno'd home, eat in kitchen with top of the line appliances, O/C living with FP & balcony, liv/din rooms overlook rear yard, fabulous lower w/modern ceramics, gas FP & W/O to garden, steps to schools, shops, parks, TTC.
TEXT CODE TO 52187 FOR MORE PHOTOS AND INFORMATION
SAM SELLS 87813.15.12 Print Ready.indd 2
FREE HOME EVALUATION WEST REALTY GROUP, BROKERAGE Independently owned and operated
2018-07-03 4:22 PM
Toronto Real Estate
Call Marta: 647.836.9130 | callmarta.ca
EX CL US IV E
35 MERCER ST., ETOBICOKE
$850,000 | TEXT R686123
$1,188,000 | TEXT R878723
NOBU RESIDENCES . A luxurious Toronto Condo coming to the Entertainment District.
OPPORTUNITY AWAITS! Currently a triplex w/ 2BRs & washroom in each. On a *premium* 48.5 x 130 ft lot. Located near all transit, hwys & amenities
$1,080,000 | TEXT R878779
$879,900 | TEXT R878848
A MUST SEE HOME! Great schools, minutes from GO station, parks & shopping. Features a massive kitchen w/SS appliances, granite counter & a backyard oasis for your summer parties
LAKESHORE VILLAGE. Steps to lake! Large rooms w/hrdwd floors. Ceramic floor & backsplash in kitchen. Master BR w/ W/I closet. Main floor BR/office. Fin. bsmt. Excellent Location!!
Get Your FREE Home Evaluation Report WHATISTHEVALUEOFMYHOUSE.CA TEXT THE UNIQUE PROPERTY CODE TO 52187 FOR MORE INFORMATION & PHOTOS OFFICE: 416.203.6636 • firstname.lastname@example.org • 45 HARBOUR SQ., TORONTO
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ON THE COVER 158 ROYALAVON CRESCENT, ETOBICOKE
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TEXT R868618 TO 52187 FOR MORE INFORMATION
with Multimedia Marketing Packages for Real Estate Professionals For advertising information in The Real Estate Book® of
Etobicoke West Toronto, ON contact:
Fred Ferri Publisher
PHONE: 905.847.8116 EMAIL: email@example.com
or visit our website www.trebpublishing.ca $2,449,000 Welcome to this stunning custom new build in the heart of Islington Village! Situated on one of the most desirable streets in the neighbourhood. This home features 4 bedrooms, 4 bathrooms, formal living and dining rooms with a fabulous gourmet kitchen overlooking the majestic family room. The master bedroom features a spa like ensuite and superb dressing area. The skylight on the second level brings in ample light. 10 foot ceilings on the main and second levels. This home boasts a full suite of Smart Home capabilites powered by Control 4 as well as a state of the art video surveillance system.
PHILIP GRIFFITHS Broker of Record
JANE FEDOSIEWICH Sales Representative
Majestic Properties (Canada) Inc., Brokerage Office: 416-801-1882 Email:
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NEXT ISSUE SUBMISSION DEADLINE IS:
July 24, 2018 Want to see your home advertised in this magazine or featured online @ RealEstateBook.com? Contact any of the top real estate professionals advertised in this issue.
Request a FREE MAGAZINE from any market across North America at 1-800-841-3401. FacebookRealEstateBook.com Twitter.com/RealEstateBook Blog.RealEstateBook.com Another fine product from NewPoint Media Group, LLC. Lawrenceville, GA © 2016, NewPoint Media Group, LLC. PRINTED IN CANADA Disclaimer. Listing details and articles published in this issue of The Real Estate Book are supplied solely by the advertiser and the Publisher accepts no responsibilty for errors & omissions or for copyright issues with respect to them.
2018-06-25 10:18 AM
HOME OF THE MONTH
1 AYLESBURY ROAD, ETOBICOKE $1,950,000
T E X T R 8 6 8 5 9 3 T O 5 2 1 8 7 F O R M O R E I N F O R M AT I O N
LOCATION AND STYLE cannot be under-estimated in this beautiful luxury home which features a stylish kitchen, look out to pool and spacious hot tub. A fantastic home for entertaining with an outside oasis in the landscaped garden. Great neighbourhood, fantastic schools and just down the street from prestigious Islington golf course.
LEAH GIANNONE Sales Representative Sutton West Realty Inc., Brokerage
Direct: 416-333-6178 Office: 416-236-6000 Email: firstname.lastname@example.org
Sutton West Realty Inc., Brokerage INDEPENDENTLY OWNED AND OPERATED
Visit RealEstateBook.com to search for more West Toronto homes.
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CONDITIONAL ON FINANCING The Most Important Part of Your Offer by JASON WOODS
When you find the condo or house of your dreams and want to make an offer, do you need a financing condition?
Unless you can pay cash for the home, then yes you do! That little phrase – “conditional on financing” – is an important protection for buyers. When an offer to purchase is made with a financing condition, you When an offer to purchase is made with a financing condition, gain the time (i.e. 3 (i.e. to 53days) to ensure that you areyou fully you gain the needed time needed to 5 days) to ensure that approved for the necessary funds. Your lender needs to feel as are fully approved for the necessary funds. Your lender needs to comfortable about the property as you doasand conduct feel as comfortable about the property youwill dolikely and will likely an assessment. After all, the property the lender’s security if conduct an assessment. After all, theisproperty is the lender’s something wrong.goes Evenwrong. if you have security if goes something Evenaifmortgage you have pre-approval, a mortgage the lender may the decline themay property forthe reasons suchfor as: reasons pre-approval, lender decline property such as:
•• The acceptable location The address addressmay maybe bejust justoutside outsidethe the acceptable location perimeter for the lender. perimeter for the lender. •• Concern environmental matter, Concernover overaaformer formergrow growop, op,anan environmental matter, or zoning issues. or zoning issues. •• The offer you’ve made. The appraisal appraisalmay maynot notmatch matchthe the offer you’ve made.
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Don’t let the rush to buy overcome common sense. A pre-approval is a guideline only, and a lender could disregard it, especially if Don’tincome let theorrush to buy overcome common sense. A pre- on your ﬁnancial situation has changed. That “conditional approval is a guideline only, and with a lender could and disregard it, ﬁnancing” gives you time to conﬁrm the lender, to withdraw especially if your income or financial situation has changed. the offer if the lender’s queries turn up something negative about the That “conditional on financing” gives you time to confirm with house. the lender, and to withdraw the offer if the lender’s queries turn up something negative about the house. An offer without conditions leaves you and your family on the hook. If the ﬁnancing fallsconditions through, you will lose and you An offer without leaves youyour anddeposit, your family on the could be sued by the seller. It’s not the happily-ever-after scenario hook. If the financing falls through, you will lose your deposit, you you by made offer. If you want to put in and envisioned you could when be sued theyour seller. It’s not really the happily-everan offer with no you ﬁnancing conditions, beyou suremade to consult mortgage after scenario envisioned when youraoffer. If professional who can assist in mitigating risk by conditions, reviewing you really want to put in you an offer with noyour financing be sure consult a mortgage professional who assist the stratato docs and listing information, and contact thecan lender and you in about mitigating your risk byto reviewing strata and insurer the property prior writing thethe offer. This docs will help listing information, the can lender and insurer about eliminate some of the and risk, contact but nothing be 100% guaranteed. the property prior to writing the offer. This will help eliminate some of the risk, but nothing can be 100% guaranteed.
Jason Woods, Principal Broker
Dominion Lending Centres TLC Mortgage Group Jason Woods is a Mortgage Broker with Dominion Lending Centres.
Looking For Your Dream Home? Are you thinking of buying your next home? We can help! Here at Dominion Lending Centres, we know that the home buying process can be exhausting and stressful. With access to multiple lenders, we look for the best rate and mortgage available - letting you get back to what’s important. FSCO# 12988
When you find the condo Woods or house of Jason your dreams
Principal Broker / Mortgage Broker
do you needTEL. a financing 905-336-0202 CEL. 289-925-9599 condition? email@example.com www.jason-woods.com
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Cornell Tulloch Mortgage Agent 416.568.3962 firstname.lastname@example.org www.ctmortgages.ca
2018-07-03 12:50 PM
UNDERSTANDING WHY THE CANADIAN HOUSING MARKET HAS CHANGED By JULIE ACHTERMEIER
ince the spring of 2017, Canada, and specifically Ontario has seen a dramatic change in the real estate market. With over-inflated prices and bidding wars once the norm, the market appeared to come to a grinding halt over the course of a few summer months last year. While buyers and sellers may have been shocked, experts had been anticipating the change for some time, referring to the sudden influx of homes for sale as homeowners tried to cash in on the record-high prices, as well as the introduction of several new regulations. To help demystify what happened in 2017 here are three commonly accepted explanations. STRESS TEST In October 2017, the Office of the Superintendent of Financial Institutions (OSFI) announced that beginning January 1, 2018, a new minimum qualifying rate would apply to uninsured mortgages, known in layman’s terms as the “Stress Test.” This change makes it harder for Canadians to qualify for uninsured mortgages and affects consumers with down payments of 20% or more. All federally regulated Financial Institutions are now required to qualify your mortgage based on the contractual rate of the mortgage + 2%. (e.g., a 5 year fixed rate mortgage offered at 3.39% would have to qualify at 5.39%). In simple terms, the average Canadian will be eligible for 17-20% less per mortgage approval, and this could mean the difference between living in the home or area you desire and having to move into other alternatives that have a lower purchase price.
2018-07-04 8:13 AM
FOREIGN BUYERS TAX A foreign buyers tax has been implemented in two of Canadaâ€™s largest cities. We saw it first in Vancouver, British Colombia in 2016, and most recently in Ontario in 2017. Known as the Non-Resident Speculation Tax (NRST), the new law imposes a 15-percent tax on the purchase or acquisition of an interest in residential property by individuals who are not citizens or permanent residents of Canada or by foreign corporations (foreign entities) and taxable trustees. Following the new law, purchases of Toronto homes by foreign buyers dropped over the summer of 2017, falling from 7.2 percent to 5.6 percent between May and August. Sales continued to decline throughout the remainder of 2017, specifically in Toronto and other affluent parts of the GTA. According to the Ontario government, this was the effect they were looking for to create more affordable housing for Ontarians as part of their Fair Housing Plan. RISING INTEREST RATES In July 2017, the Bank of Canada delivered its first increase in interest rates in seven years. In September 2017, they did it again, adding another quarter percentage point, bringing the rate to 1 percent with warnings that more increases were coming over the coming months. Their data showed the Canadian economy had strengthened in the second quarter of 2017 with core inflation measures beginning to edge higher. In January 2018, the Bank of Canada reported continued strong economic growth as indicators for a further increase to 1.25 percent. The bank did not mention when, or if, more increases can be expected but did state it would remain cautious and continue to assess incoming data such as the economyâ€™s sensitivity to the higher borrowing rates.
2018-07-04 8:13 AM
Sue Wade West Sales Representative
REAL ESTATE SERVICES LTD., BROKERAGE
ISLINGTON/THE QUEENSWAY Superb 3 bdrm condo Town in prime Etobicoke location. Open concept living and dining finished rec room in bsmt, walkout to a private yard. Freshly painted and updated bath & kitchen. Very well maintained complex. Close to Islington station, Catholic & Public school, Highway, shopping & community center. True pride of ownership. $689,000
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et 3Z5 Stre L7M Main ON 123 kville, Oa
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Cathy Graham, Sales Representative
416 236.1241 Direct 416 722.7158 T E X T C O D E T O 5 2 1 8 7 F O R M O R E P H O T O S A N D I N F O R M AT I O N
$1 4 GOLF VALLEY LANE CLASSIC ELEGANCE AT ITS BEST! Welcome to one of Marklands finest homes. This is the one you've been waiting for! Reno'd, large 2 storey, 5 BR on prestigious street in the heart of Markland Wood. Sought after layout 4175 sqft (inc LL). Boasting hrdwd floors thruout, gourmet kit, fm rm with gas FP, main floor laundry & 2 W/O's to a spectacular garden oasis. Award winning garden featuring 3 waterfalls, pond & cabana. This is resort like living in the city.
Cindi Pohonick-Talbot & George E. Emerick *
905.835.2555 O: 905.834.9000 D:
NRC Realty, Brokerage Independently Owned & Operated
SPECTACULAR WATERFRONT in Long Beach features this fabulous 2-3 bedroom/1.5 bath home/ cottage offering breathtaking panoramic views. Family room w/ vaulted ceilings, sep dining area, patio doors onto tiered deck, cozy dble sided gas fireplace, plus dble garage w/workshop!
SERENE WATERFRONT setting overlooking a natural fed quarry enhances this architecturally designed 4 bedroom/3 bath home w/separate dining area, main floor family rm with 3 sided wood burning fireplace plus a double garage all on a beautiful, mature treed lot with city services.
TEXT THE PROPERTY CODES TO 52187 FOR MORE PHOTOS AND INFORMATION
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JEFF MACKO SALES REPRESENTATIVE
SELLING SINCE 1985
Direct: 416.565.3332 | email@example.com | jeffmacko.com
SOLD OVER ASKING
Sold for 107% of asking price! THINKING OF SELLING? WANT RESULTS? CALL ME TODAY! 416-565-3332
3+1 Bdrm 2 Storey Detached, Newly Updated Kit. New Master Ensuite 4pc, W/O to Balcony, In-law Suite with F/P. Across from Parkette. THE KINGSWAY - $1,790,000
3-Bdrm, 2-Bath Bungalow, Gas F/P in LR, Eat-In Kitchen, W/O to Deck, Finished Bsmt with Wood F/P. Garage, Hwd Floors, Roof 2018. PRINCESS MARGARET - $919,000
Detached, Residential/Commercial, 3-car Garage, 6-car Prkg, 2 Kitchens, Zoning for up to 6 Units, Perfect for Creatives! CHRISTIE PITS - $1,899,000
Thinking of Buying or Selling? Call Me Today!
416-565-3332 33 Years of Award-Winning Service
TEXT CODE TO 52187 FOR MORE PHOTOS AND INFORMATION
Porritt Real Estate Brokerage INDEPENDENTLY OWNED & OPERATED
Text Text R752567 to 52187 to 52187
Semi-detached 2 1/2 storey. 2 BR/loft above & master BR w/ensuite. 2nd FL laundry & bathroom. Kitchen, family room, living & dining room. Powder room & fin bsmnt. Ultra chic finishes & hrdwd thruout. New build - 3 bedroom with lofts - Toronto/Junction Semi.
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$799,900 3 BR 2 bath home on a great lot in quiet neighbourhood. Minutes to hwys & walk to many amenities. Hardwood throughout main floor. Fin. bsmt with 2BRs and 1 bath.
$869,900 Bungalow on a large lot. Almost 2500 sqft of living space. Comb. liv/din room, sep. ent. to bsmt w/rec room, FP, B/I bookcase wall, 4-pc bath & possible 4th BR. Patio & hedge in backyard.
$868,000 Family neighbourhood close to schools, shopping and highways. Renovator’s dream. Don’t miss this opportunity to live on this cozy & quiet street in a home that was loved for forty years.
CITY CENTRE WEST
$874,900 3 BR, 3 bath on large lot. Hrdw, tile & laminate thruout. Quartz counters, SS appls & centre island in kitchen. Sep. ent. to fin.bsmt with rec. room Close to schools, amenities & hwys.
$879,900 Great demand location! Steps to transit! Brick bungalow w/sep. side entrance! W/O to deck! large mature lot! Southerly exposure! Private driveway w/1 car garage & drive through door to rear!
$929,800 Beautifully reno’d 3+2 BRs & 2 baths. New hrdwd floor & kitchen w/all new appl. & laundry on MF. Bsmt w/sep. ent., new kitchen & laundry! Walk to schools & minutes to 401/427/QEW.
$929,900 Unique investment opportunity in Norseman Heights! Updated bungalow w/layout for 2 rental units in bsmt w/sep. entrance. Main floor currently tenanted, basement is vacant. Large corner lot.
$949,000 Newer home w/European inspired kitchen. Double sided FP in living room. Spacious BRs & master w/ensuite, cathedral ceiling & W/I closet. Hrdwd floors, SS appliances & W/O to deck w/BBQ oven.
$959,900 3 BR bungalow on 45x125’ lot. O/C living area. Reno’d main bath, beautiful gardens & huge front porch. Interlock double driveway, walkways & rear patio. Move in, renovate or rebuild.
$979,000 $999,888 3 BRs. 4Currently level back split with 3+1 BRs & 2 car garage. Walk to Centennial park, golf course, trails & community center & pool. Hrdwd floors, newer furnace. Fam. room w/stone FP & W/O to back yard.
$998,000 Custom home! 3 BRs, 4 baths, O/C kitchen, dining room W/O to deck, crown mouldings, wainscoting thruout. Fin. bsmt w/kitchen, full bathroom. Steps from park, golf course, TTC & GO.
$1,098,000 An amazing opportunity to purchase a huge lot in a family friendly neighbourhood with great schools. Preliminary work for a 3,100 sq. ft. custom home is nearly complete.
TO VIEW ALL OF MY LISTINGS, 87813.15.12.014 Ortino V3.indd 1
2018-07-04 2:01 PM
ABOUTOWNE PLATINUM PIN REALTY, BROKERAGE
REALTY CORP., BROKERAGE. INDEPENDENTLY OWNED AND OPERATED.
INDEPENDENTLY OWNED AND OPERATED
MBA BROKER OF RECORD
5 M inu te C all B a ck G u aran te e
Dir: 416.428.9574 Off: 416.222.7653
Best value in area. 4 bedroom executive home on family friendly street. 9 ft. ceilings, spacious kitchen with Stainless Steel appliances, breakfast bar & W/O to deck. Stone fireplace in family room. Main floor laundry.
$1,129,000 Renovated top to bottom! Open concept kitchen, corner lot, 4 parking spaces, master ensuite, basement unit wwith kitchen, 2 bedrooms, 1 bathroom & laundry. Minutes to hwy, golf club, library, airport.
$1,195,000 4 level home! Upgrades: hardwood & tile floors on main & lower, potlights, quartz counters, soft close drawers, 4 piece ensuite! 9’ ceilings on main & upper levels, upstairs laundry, basement w/rough in. Near Gardiner/427.
$1,199,000 4 bedroom, 4 bath home with approx. 3,000 sqft of living! Formal liv & din rooms, updated eat-in kitchen heated sunroom with exit to private fenced yard. LL features bar, rec room, kitchen family room, cantina & 2 pc bathroom.
$1,268,000 Outstanding custom reno – nearly $300K spent. Backing onto park. New kitchen w/ breakfast bar & W/O to deck. Lrg master, high bsmt with rec room, 3 pc bath & laundry. Huge deck O/L Muskoka like yard.
$1,399,898 New luxury home by Triumph! An efficient, custom design. Close to QEW & major arteries. Short commute to downtown. Walk to Mimico Village and GO train. A highly desirable community.
$2,049,000 Lovely 4 bedroom, 4 bathroom home in Etobicoke. Large beautifully landscaped yard that backs onto a small creek. Sitting on a quiet small cul-de-sac with more privacy. A short walk to the fabulous James Gardens.
NEW TORONTO Openconcept with oversized windows, chef’s kitchen with Calcutta style quartz counters & SS appls. Master BR retreat on 3rd floor of home with W/O to terrace overlooking park. Short distance to transit & $1,288,000 amenities.
PLEASE VISIT DAVIDORTINO.COM 87813.15.12.014 Ortino V3.indd 2
2018-07-04 2:02 PM
S A L E S R E P R E S E N TAT I V E
Turn of the Century Architecture & Character Homes TORONTO WEST, HIGH PARK, RONCESVALLES VILLAGE, PARKDALE, BLOOR WEST/JUNCTION
BLOOR WEST VILLAGE
54 GLENDONWYNNE ROAD Exquisite 126 EDGECROFT ROAD Stunning Fully Renovation of a Traditional Bloor West Renovated Bungalow w/Rear Addition, Village 2 Storey, Designer Owned, Magazine Dramatic Cathedral Ceilings, Oversize Quality Presentation...Exceptional Custom Cook's Kitchen w/Island, Open Craftsmanship, 3+1 Bedroom, 4 Spa-like Concept Living/Dining, 2+3 Bedroom, 3 Baths, Restored Period Details, Impressive Baths, Hrwd Floors, 2 Fireplaces, Open Concept Kitchen/Family Room w/ Enormous Master w/Stellar En-Suite & Walk-out, 30' x 120' lot w/2 Car Parking. Walk-out, 41' x 125' lot w/Private Drive.
INDIAN ROAD HIGH PARK
ORKNEY CRESCENT PRINCESS ANNE MANOR
GLENELLEN DR. E. SUNNYLEA *Represented Purchaser
Office: 416-588-8248 Direct: 416-822-3525
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www.kerbler.com 2018-07-03 4:24 PM
The Real Estate Book Etobicoke - West Toronto Issue 15.12