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The Broadview lofts located at 68 Broadview is a historic building that use to be a drug warehouse. Despite its history, I’m happy to report there haven’t been any sightings of Mayor Ford there. Used as a storage facility by Rexall Drugs for the storage of pharmaceuticals, the building’s past is still evident in the hallways and individual units where the old steel fire doors have been incorporated into the design, giving the building a greater feel of authenticity (I’m sure protecting the drugs and ingredients from fire would have been a top priority for Rexall!).  Features in the building include tongue and grove wood ceilings, exposed brick, warehouse style windows, wood beams, concrete floors and ceilings over 10 feet high!

 

In addition to converting the original warehouse building, the developer (Sorbara Group) also added two more floors of lofts for a total of 179 units. Amenities include visitor parking, a meeting/party room that overlooks the City, and a rooftop patio. 

 

Modern loft living at The Broadview Lofts is complemented by a vibrant neighbourhood scene. Steps from Queen East in the heart of Riverside, you have easy access to some of Toronto’s best pubs and eateries, shops and boutiques!! A short walk to Leslieville and the soon to be completed Pan Am Games Athletes village, the Broadview Lofts provides easy access to some of Toronto’s destination location!

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Check out this great loft at  68 Broadview Ave Unit 105.

**Broadview Lofts** In Prime Leslieville! Stunning Authentic Post & Beam Hard Loft In One Of The City's Most Sought After Buildings. Super Rare 2 Bedroom, 2 Bathroom Extra Wide Suite Featuring Exposed Brick, Original Beams, Polished Concrete Floors, 10 Ft Ceilings, Large Warehouse Windows, Original Metal Doors & Over 1300Sqft of Living Space. The Pinnacle For Entertaining And Luxurious Living In This True Open Concept Floorplan With Loads Of History And Character.


Extras: 10 Ft. Quartz Kitchen Island, Renovated Bath, Ge Stainless Steel Appliances, Front Load Washer/Dryer, Designer Light Fixtures, Custom Drapes And Window Coverings, All Wardrobes And Closets, Bicycle Racks In Parking Garage

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I was out showing properties today and here's a few takeaways:

1) People are purchasing homes downtown for flips and paying to much on the initial purchase that they're overpricing the homes significantly when complete to make up for small margins;

2) There's to many people buying the same stuff at Home Depot and not bothering to consult a designer or real estate agent to find out what buyer's want and like in today's market;

3) Unless crown moulding with roses is at least a 100 years old and part of a homes original construction, it should not deliberately be installed;

4) Painting everything beige and then accenting bathrooms with primary colours can cause headaches;

5) Real estate agents selling their own home should know the importance of confirming showings;

6) Even though building a home from scratch provides the opportunity to avoid ugly, not everyone takes it.

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With the current crisis in the Philippines resulting from Typhoon Haiyan and rescue and humanitarian efforts just starting to organize and reach those affected, over the coming days, weeks and months the people of the Philippines will need our help! If you have any used clothing, particularly children’s clothes, bed sheets, blankets, etc., that can be donated, you can drop them off at any of my offices locations throughout the GTA. I've included the address of these locations below. Clothing collected will be provide to the Filipino church community, which is coordinating the delivery of these supplies.

Please also consider making a financing donation online to help the victims of Haiyan through the Red Cross www.redcross.ca/donate/donate-online/donate-to-the-typhoon-haiyan-fund

Let’s rally around our friends in the Filipino community and help them during this challenging time!


-785 Queen St E (Leslieville/Riverside
-724 Pape Ave (Riverdale)
-723 Mount Pleasant Rd
-978 College St
-2237 Queen St E (The Beach)
-723 Mount Pleasant
-245 Fairview Mall Dr. # 108A
-3434 Yonge St
-8 Weldrick Rd West, Richmond Hill

Thanks in advance for your help.

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October was another strong month for real estate sales in Toronto. Sales were up 19% and the average price of a home in the City increased by 9.3% to $593,807. We keep getting closer to an average price of $600,000, which is really leaving condos as the main housing option for many first time buyers. With the majority of downtown neighbhourhoods experiencing low levels of inventory (new listings dropped by 8.4%), and low interest rates, which the Bank of Canada has now indicated won't be going up anytime soon, prices remain strong.

 

Sales by price range broke down as follows:

 

  • 14.5% between $200,000 - $299,999
  • 20.9% between $300,000 - $399,999
  • 19.5% between $400,000 - $499,999
  • 13.4% between $500,000 - $599,999 

Homes sales in this range between $200,000 to $600,000 accounted for 68% of all real estate transactions last month. The majority of these transactions were focused in the condo market as well as outside of the core in surrounding GTA communities. Alot of this activity can be attributed to first time buyers entering the market. In the higher price ranges the sales break down was:

 

  • 9.3% between $600,000 - $699,999
  • 5.7% between $700,000 - $799,999
  • 3.6% between $800,000 - $899,999
  • 2.3% between $900,000 - $999,999

Check out the info-graphic below for a quick snapshot of what happened in October and if you have any questions about the market or real estate trends, call, text, or email me :)

 

 

 

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