Saturday, December 31, 2011

Happy New Year Everyone!



I want to wish you all a very Happy and Healthy New Year!!!....C U in 2012!!!

Tuesday, December 27, 2011

Pre-Const​ruction Pricing at The Berwick (only 10% down)


Last week I went to see a new Condominium residences at Yonge & Eglinton - The Berwick.

This 17 floors landmark is located in Midtown's most desirable places to live. Great shopping, dining and entertainment in a modern, sophisticated residence offering spectacular views, spacious suites and first-rate amenities. Prices are very affordable, starting from $271,000 for 1 bed (490 sq ft), $348,990 for 1 bed + den (638 sq ft) and $423,400 for 2 bed (752 sq ft).

The Berwick offers great amenities like: 24 Hour full time concierge, party room, media centre, BBQ and fitness centre with yoga.

And the best part - now you can save $15,000 off the price plus you only need 10% deposit prior to occupancy (June 2013) so whether you are a first time buyer or investor this is a great opportunity for you. Please call me if you need more info or have any questions.

Thursday, December 22, 2011

Window Condensation Issues in Winter

What is Condensation?
Condensation is the fog that is evident on the glass of your window. It is actually the result of high humidity level in your home. It generally appears as moisture or ice on the interior lite of glass on your windows.

What Causes Condensation?
The cause of the condensation is extreme moisture in the air. When warm air meets a cooler surface, it condenses. This creates the visible moisture you see on the surface of your windows. Condensation also occurs when the flow of warm air is restricted from reaching window surfaces.

Problem due to Condensation
Condensation is an unsightly problem. The last thing you want on your window is a fog blocking the view. But the problem goes deeper than-if condensation is a chronic occurrence in your home; chances are that you have excessive humidity. If water is accumulating on other harder to see surfaces such as wall and roof cavities. If left uncontrolled, excess moisture can have serious consequences, including:

* Mold or mildew
* Wood rot and warping
* Roof ice build-up
* Damp, ineffective insulation
* Discolored, blistered or bubbling paint
* Damaging moisture inside walls and attic

Preventing Condensation

* Make sure your humidifier is working correctly. Turn it down as the weather becomes colder.
* Vent all appliances and vent to the outside. Vent attic and crawl spaces.
* Cover the earth in your crawl space with a vapor barrier.
* Run exhaust fan while cooking or bathing.
* Open the fireplace damper to allow an easier escape for moisture. Don't store firewood inside.
* As a temporary solution, you may want to try opening your windows a little each day to allow the exchange of colder drier air with warmer more humid air. This should not affect your energy bill in any substantial manner.
* Install energy efficient windows.

Wednesday, December 14, 2011

MONTHLY RESALE HOUSING MARKET FIGURES

Greater Toronto REALTORS® reported 7,092 residential transactions through the TorontoMLS® system in November – up 11 per cent in comparison to November 2010. At the same time, the number of new listings was up by 14 per cent in comparison to last year.

“We have seen strong annual sales growth through the 2011 fall market. The increase in transactions has been broad-based, with strong growth across low-rise and high-rise home types throughout the Greater Toronto Area,” said Toronto Real Estate Board (TREB) President Richard Silver. “The market has also become better supplied, with annual new listings growth outstripping that of sales. As this trend continues into 2012, we will see more balanced market conditions.”

The average price for November transactions was $480,421, representing an increase of almost 10 per cent in comparison to $437,494 in November 2010.

“Despite strong price growth this year, the housing market remains affordable in the GTA,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. “The correct ethod of assessing affordability is to consider the share of the average household’s income that is dedicated to mortgage principal and interest, property taxes and utilities. Currently, this share remains in line with generally accepted lending guidelines. Given this positive affordability picture, average price growth is forecast to continue in 2012, albeit at a more moderate pace.”

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