Pretty sweet looking ride if I do say so myself!

To sum it up...

Do you want a cottage, but also want edgy modern and sleek finishes?  I think I've found the house for you!  This house is really super cool, and very unique.  These sellers had a vision!  Just when you think you've seen barnboard used as the shower enclosure, you realize it's ceramic tile!  Same goes for the flooring in the entry way.  Smart use of storage throughout, and clean modern lines.  I think you should see it.  Oh, and did I mention it's detached with parking?  Shut the front door!  All that and steps to the subway, it's only 699K.  If you want to see it, let me know!

http://corinnemccabe.com/mylistings.html/details-41510739

http://www.torontoneighbourhoods.net/blog/2014/07/danforth-village-pop-up-shops-prove-to-be-a-big-success

MARKET UPDATE FOR THE WEEK ENDING JULY 18TH

They say that Toronto has only two seasons... Winter and Construction. We feel your pain if you are part of the daily commute. But hey it could be worse. You could be looking for a house. It seems that buyers this year just can’t catch a break. Summers are meant to calm the soul and recharge those home searching batteries and, quite frankly we thought things would slow down just a titch, but apparently we were wrong. There’s a first time for everything.

New freehold listings in the city core continue to decline, backing off another 31% over last week (to 222 listings) but sales are up and multiple offers are back with a vengeance. While last week 47% of home transactions were in competition, this week that number has spiked to nearly 60%. One of the interesting things that we have been tracking over the last year is the clear divide between the east and west cores (E1,E2 and E3 versus W1, W2 and W3).  Homes in neighbourhoods like Leslieville, The Beach and Riverdale are very hot. While they are producing the same number of new listings as the west neighbourhoods of Parkdale, Roncesvalles and High Park, there are clearly more bidding wars in the east (70% in the east vs. 51% in the west). Buyers may wish to consider this fact as part of their home buying research.

New condominium listings are also down this week backing off a full 13% but sales have only decreased by 11%. Interestingly more properties are selling at or over the list price (20% as compared to 18% last week). We continue to be optimistic about the condo sector in the city. While thousands of new suites will be delivered this year there are lots of buyers looking for larger suites (instead of starter homes), and an increase in condo investors wanting to take advantage of rising rents.

Bosley Real Estate Ltd. is a proud sponsor this year of the Danforth East Arts Fair.  This is a free event hosting dozens of exhibitors, vendors and activities for young and young at heart.  You will be able to find those one-of-a-kind works of art you can't find anywhere else.  Bosley Real Estate Ltd. will have a booth, so I hope to see you there!

http://deca-arts.ca/

Improvements will include making the station accessible for customers with all levels of mobility, building a second exit to enhance customer convenience and safety, and other general upgrades and repairs.

When the work is finished, Woodbine Station users will find a barrier-free path to all levels of the station including:

• New elevators from street level to concourse and platforms
• Sliding doors at station entrance and bus platforms
• Improved wayfinding and signage

A new second exit will also be built at the northwest corner of Woodbine Avenue and Strathmore Boulevard in order to enhance customer convenience and safety. TTC staff are reviewing standards for second exits and will report back on possible changes that could allow second exits to also serve as entrances including possible impacts on cost, schedule, property acquisition and maintenance.

Some other improvements customers can look forward to include:

• Repairs to exterior and interior finishes, lighting and signage
• Repairs to stairs at main station entrance
• Enhanced landscaping in community garden and bus bay
• Repaving of bus loop
• Landscaping near the bus bay and at the second exit will provide customers and local residents with a more attractive, greener station

Constuction has already begun, and the plan is to have it complete by summer of 2017.  Can't wait!

http://www.ttc.ca/About_the_TTC/Projects/Station_Improvements/Woodbine_Station/index.jsp

This is put on by the Danforth Mosaic BIA, showcasing a Weekly Summer Series of Jazz and World Music in East Lynn Park.  Every Wednesday in July from 5-9pm.  Hope to see you there!

Well this is exciting indeed!  I am now the official Real Estate Sponsor for Danforth Village in the Toronto Neighbourhood Guide.  Check it out!..

http://www.torontoneighbourhoods.net/neighbourhoods/east-end/danforth-village?real-estate

MARKET UPDATE FOR THE WEEK ENDING JUNE 13TH

Toronto has a fever and it's not just World Cup fever either. Sure there is a lot of cheering going on in the streets but it's not a celebration of a soccer victory. This time, people are cheering about the value of their homes. The condominium market, the bellwether of real estate health, has been very strong despite claims of overbuilding, and single family homes in the city are averaging over $1 million. Clearly Toronto has a supply and demand issue with over 64% of homes and 25% of condos selling at or over the list price. Weekend open houses and patio seating in Little Italy share one problem....crowd control.

Last week new freehold listings jumped substantially. Generally more listings mean more choice for buyers but last week there were more buyers too. The end result was that we saw a 7% increase in the percentage of listings sold at or above the list price (64%). The hot spots in the core were the first-time market in the East and the move-up market in the West where 78% and 75% of homes sold in multiple offers respectively.

The condominium market continues to keep pace as well. Despite a nearly 31% increase of new listings on the market last week, sales were strong. Overall, 25% of condos sold at or above the list price, however the east core continues to surprise. Sales in the move-up market, those at $400k and above, have been consistently frothy over the last few months with multiple offers taking place on nearly half the condos sold. No surprise in the high end condo market ($3m +) which remains very quiet.

Bosley Real Estate Ltd. is a full service boutique brokerage operating in Toronto and Niagara-on-the-Lake since 1928. We have four centrally located offices and over 220 sales representatives selling and leasing homes and condominiums in all the vibrant communities we work in. Our brand is well recognized thanks to our unique affiliation with Leading Real Estate Companies of the World. Our sales teams meet weekly to discuss market conditions, trending topics, and anecdotes that more accurately report on the true temperature of the real estate market.

Okay Danforth Village people with families, or heck, borrow your friend's kids, this is an event to have fun at...

MARKET UPDATE FOR THE WEEK ENDING MAY 30TH

We are fed up with vortexes, (polar, pollen or otherwise), so this week we want to describe the increase in new property listings as Toronto’s Listing Tsunami. After a series of holidays and long weekends contributed to low inventories it seems that Sellers are finally getting with the program as both freehold and condominium listings nearly doubled last week. This tsunami is just what the city needs to quench buyers’ thirsts for homes.

While hitting a low of only 326 new listings in the core just a few weeks ago, last week we saw a remarkable 629 new freehold listings. Such an increase would surely make The Canadian Mortgage and Housing Corporation shiver if it weren’t for the 36% increase in sales as well. It is also worth noting that over 62% of those sales happened at or over the list price, marginally lower than a week ago. The sweet spot last week was the west core where sales in the first-time buyer market ($400k-$700k) doubled. The weakest sector continues to be the central core’s high-end (homes listed above $3M) where there are now 142 homes listed versus only 2 sales last week.

The condominium market in the Toronto core continues to shine. While there was a 35% increase in new listings last week, sales increased by 39%. As long as this trend continues we will keep taking bites out of the standing inventory. Last week we were happy to report that over 29% of condos sold at or above asking, that after all is pretty spectacular. This week that number has climbed to a remarkable 32% making us reach for the champagne hidden away in the back of the office fridge. While the east and west cores are taking a little breather, the central condo market is red hot with nearly double the sales in the $700k-$1.5m range.

Bosley Real Estate Ltd. is a full service boutique brokerage operating in Toronto and Niagara-on-the-Lake since 1928. We have four centrally located offices and over 220 sales representatives selling and leasing homes and condominiums in all the vibrant communities we work in. Our brand is well recognized thanks to our unique affiliation with Leading Real Estate Companies of the World. Our sales teams meet weekly to discuss market conditions, trending topics, and anecdotes that more accurately report on the true temperature of the real estate market.

MARKET UPDATE FOR THE WEEK ENDING MAY 9TH

Last week we reported that the Spring real estate market is in full swing in Toronto now that the warmer weather has arrived. At our offices we’ve put away the salt bags, rolled up the winter mats and cleaned the windows. While Buyers heard us loud and clear, Sellers apparently didn’t get the memo as both the number of freehold and condo listings backed off last week. For now we are going to blame it on last week’s tequila hangover and Cinco de Mayo.

Freehold home listings retreated by a staggering 24% last week. This was one of the largest week-over-week decreases in a number of months with the biggest decrease in new listings happening in the central core’s $1.5m to $3m price range. Naturally this is not the news that buyers want to hear as they are still out there waiting to purchase. Need evidence? How about the fact that we witnessed a 16% increase in sales in the Toronto Core AND watched the sale-to-price ratio increase to 64.5%. Once again it is the first time buyer who is struggling. When we look at the $400k to $700k segment of the core market it is interesting to note that over 77% of homes traded at or above the asking price.

The condominium market continues its road to health again this week. After a brief spike last week, the number of new listings continues to fall. This week we recorded a 9% drop, in all price categories, of new listings across Toronto’s core. While sales decreased by 25% we were surprised to note that sales at or above the list price actually increased by nearly 4% to a near record yearly high. It is important to note that mid-priced condos (those in the $700k to $1.5m range) continue to be the condo sweet spot reserved for home buyers abandoning their hopes of buying a home with a backyard.

Bosley Real Estate Ltd. is a full service boutique brokerage operating in Toronto and Niagara-on-the-Lake since 1928. We have four centrally located offices and over 220 sales representatives selling and leasing homes and condominiums in all the vibrant communities we work in. Our brand is well recognized thanks to our unique affiliation with Leading Real Estate Companies of the World. Our sales teams meet weekly to discuss market conditions, trending topics, and anecdotes that more accurately report on the true temperature of the real estate market.

Well, this is good news indeed!  News is Streetcar Developments has bought the beautiful building at the corner of Queen & Broadview, otherwise known as the eyesore for businesses... Jilly's.  Apparently they will be addressing some major structural concerns, and maintaining the building's glory at the same time.  This will really improve that corner, and the whole strip (no pun intended) of Riverside.

http://torontoist.com/2014/05/say-goodbye-to-jillys/