North York Condos: Looking Up at 39 Pemberton Ave.

Looking up from street level on Pemberton Ave.  The Paramount is located half a block from Finch TTC subway station and right at the corner of Finch and Kenneth Ave.

Related Condos

Pemberton Ave Condos
North York Condos: 35 Finch Ave East

Steven Campbell, Sales Representative
Forest Hill Real Estate Inc., Brokerage

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Featured Toronto Condos: Re-Cap first 10 Buildings

Back in February I started working on this series to offer up a guide to Toronto Condos.  Hopefully you have been reading them along the way.  I have now published 10 featured articles.  Watch for upcoming features including Pemberton Ave, Beecroft Rd and Olive Ave.  On this site the series has been mostly focus on North York Condos in MLS district C14 and C07,  Starting next week I will be starting a new series on my other Blog called Featured Downtown Toronto Condos.

Watch as this series gets more frequent, leave a comment if you would like to see a particular condo building featured.

Steven Campbell, Sales Representative
Forest Hill Real Estate Inc., Brokerage

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Featured Toronto Condos: 60 Byng Ave The Monet

60 Byng Ave., The Monet

60 Byng Ave is a beautiful Toronto Condo located in North York just south of Finch Ave and east of Yonge St.  Byng is walking distance to Finch and North York Centre TTC stations, Empress Walk, shopping, restaurants and entertainment.  Highway 401 is a short drive south on Yonge street.  Centerpoint Mall is a short drive North.

Condo Apartment Building

60 Byng The Monent is a luxury condo apartment building that was completed in 2004 and features units ranging in size from 1 bedroom to 2 bedroom plus den.  The higher floors feature breathtaking views.  The amenities include 2 indoor pools, virtual golf, party room, recreation room,  suana, security guard and security system

Maintenance Fees

The maintenance fees for 60 Byng covers:  water, heat, hydro, central air conditioning, parking building insurance and common elements.

Other Condos in this Area

Steven Campbell, Sales Representative
Forest Hill Real Estate Inc., Brokerage

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Downtown Toronto Condos: 18 Yonge Street.

18 Yonge St Condominiums
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18 Yonge St.  Condominiums

Welcome to 18 Yonge Street.  A beautiful luxury high rise condo apartment building located in the heart of downtown Toronto.  Just a short walk to TTC at Union Station and GO bus.  With the Gardiner Express way moments away, you can quickly get out of the downtown core by car.  Loblaws is just minutes away by car and the Eatons Center is two TTC stops away or a 15 – 20 minute walk.

Condo Apartment Features

18 Yonge st. Condominiums features units ranging from bachelor apartments, 1 bedroom, 1 bedroom plus den and 2 bedrooms.  This building has been pre wired for high speed internet access. The amenities in the building include an indoor pool, recreation room, exercise room, sauna, 24 hr security.

  • 18 Yonge Condominiums
  • M5E 1Z8
  • MTCC/1863
  • 39 Floor high-rise condo building
  • H & R Development, Lanterra Developments – Developers
  • Appoximately 495 suites
  • Completed in 2006
  • Maintenance fee cover water, heat, central air conditioning, parking, building insurance and the common elements.

Steven Campbell, Sales Representative
Forest Hill Real Estate Inc., Brokerage

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CityPlace Condos: Changes the Skydome Landscape

When the Skydome (now Rogers Center) first opened in 1989, I remember going to watch the Blue Jays play and checking out this amazing new stadium.  There was nothing around except open space.  Now almost 20 years later as you can see in the picture above the Cityplace Condos complex has forever changed the landscape of this area.  I must say I have gotten use to all the condos being built in the downtown Toronto area and have really started to like how this project is shaping up.  I wish I had a taken a photo back then to match up with the one I took above.

Steven Campbell, Sales Representative
Forest Hill Real Estate Inc., Brokerage

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Toronto Real Estate Board Update: Rental Transactions, Rental Rates Both Increase

Both leased transactions through the TorontoMLS system and monthly rents achieved in these transactions climbed in the second four-month period of 2008. Total units rented came to 4,297 (apartments and townhouses), up 12 per cent over the same timeframe in 2007. Meanwhile, benchmark two-bedroom apartments rented for $1,885 per month, up one per cent over the $1,860 per month recorded in the corresponding period of 2007, and in fact, rental prices in all categories rose.

The most active districts for rentals within the GTAfor apartment rentals remained in the downtown core (C01,which had 1,130 rental transactions), North York (C14, with 500 rentals), and Cooksville (W15, with 402 rentals). With townhouses, the most active districts were within Mississauga (W19 and W20, with 33 and 49 rentals respectively), and North York (C14, with 26 rentals).

As noted previously, rents in all categories of leased property increased during the May to August period. For example, bachelor apartments increased to $1,216 per month, from the $1,167 per month recorded in the middle portion of 2007, a four per cent rise. Three-bedroom townhouses saw a significant increase, up seven per cent to $1,780 per month from last year’s $1,661 figure.

Central Area

  • Most condo apartment leases took place in TREB’s Central area. Of the 2,437 total units rented, 1,397 were onebedroom units averaging $1,568 per month, and another 865 were two-bedroom units that rented for $2,155 per month.
  • The 2,437 figure is up nine per cent from the May to August period of 2007, when 2,244 apartment rentals took place. Since no new buildings that are dominated by rental units seem to have gone up, the increase seems largely due to heightened activity.
  • In TREB’s Central area there were 89 condominiumtownhouse rentals, with the greatest amount of activity taking place in North York Centre (C14), which had 26 units leased. Most townhouse rentals in the Central area (39) were threebedroon units that rented for an average of $2,664 per month.

Source:  TREB (Toronto Real Estate Board)

ALSO SEE

Toronto Real Estate Rentals Guide:  How to Successfully Lease a Condo.

Rental Evaluation

North York Condos: 509 Beecroft Ave.

503 – 509 Beecroft taken from street level looking up at The Continental condos tower at the corner of Beecroft Rd and Finch Ave., one block west of Yonge St in Toronto’s North York.

Also See Beecroft Road Condos

Steven Campbell, Sales Representative
Forest Hill Real Estate Inc., Brokerage

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Toronto Real Estate Board Mid October Update: Changing GTA Resale Housing Market Reflects Economic Times

October 17, 2008 — Activity in the Greater Toronto Area resale housing market moderated considerably during the first half of October with 2,700 homes changing hands, Toronto Real Estate Board President Maureen O’Neill announced today.

Sales volumes in the GTA decreased 18 per cent compared to the first half of October 2007, when 3,297 transactions were recorded and are down 10 per cent compared to the same period in 2006 when 3,007 sales took place.

In the City of Toronto 1,140 sales took place in the first half of this month. This represents a 21per cent decline from the 1,446 sales that took place in the same period a year ago and a 13 per cent decrease from the 1,312 transactions recorded in the first half of October 2006.

In the 905 Region there were 1,560 sales in the first two weeks of this month, a 16 per cent decrease from the 1,851 transactions that took place during the same timeframe in 2007 and down eight per cent from the 1,695 homes sold during the first half of October 2006.

House prices declined throughout the GTA during the first half of the month. The average priceof a GTA home is currently $353,772, down 11 per cent from $399,013 recorded the comparable period in 2007.

In the City of Toronto the current average price $375,804, a 15 per cent decrease from the $441,878 average recorded at mid-October 2007.

In the 905 Region the average price of a home is currently $337,671. This represents an eight per cent decline from the $365,527 average recorded during the first half of October 2007.

With 27,559 properties currently listed on the TorontoMLS system, there is now 30 per cent more available stock from which to choose as compared to a year ago when 21,182 homes were listed.

“More choice can mean slightly longer wait times for sellers whose homes are now on average, selling after 34 days on the market as compared to 29 days a year ago,” said Ms. O’Neill. “The list to sales ratio is 97 per cent of the list price.”

Increased sales activity was noted in specific pockets located throughout the GTA.

Sales in Oshawa (E16) increased 15 per cent compared to the first half of October 2007, based mainly on solid sales of detached homes.

In Brampton West (W24) sales in the first half of October increased 21 per cent compared to the same period a year ago mainly due to strong attached row house sales.

Downtown East (C08) experienced a 16 per cent overall increase in activity compared to mid-October 2007 primarily as a result of condominium apartment sales.

Newmarket saw a 17 per cent increase in sales compared to the first half of October 2007 as a result of strong condominium apartment and semi-detached home sales.

Previous news releases have incorporated 2006 comparisons. This was necessary in order to place the market statistics in a broader context. We will be referencing 2006 in its entirety at the end of the month when it will be more relevant.

“While we continue to watch the economic picture globally, it is the local real estate climate that will determine our market place,” said Ms. O’Neill. “After the 2007 record highs, 2008 is an encouraging market for buyers.”

Source: TREB (Toronto Real Estate Board)

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Featured Toronto Condos: 19 Avondale Ave. Pied A Terre

Featured Toronto Condo 19 Avondale Ave,  “Pied A Terre”.

This 7 story condo is part of the Residence of Avondale complex built by Shane Baghai and completed in 2006.  Located in the heart of North York, right next to Yonge St. just south of Sheppard Ave and just north of Highway 401.  TTC is a short walk away, with both the Yonge line and Sheppard line operating out of Sheppard Station.  There is a Starbucks right at the corner of Avondale and Yonge.  Shopping, Entertainment and Resturants are all within walking distance.  Bayview Village Shopping Centre, Centerpoint Mall and Fairview Mall are all within a short drive.  Starbucks and Rabba are part of the complex.

Condo Apartment Features

Pied A Terre is mostly a 7 storey bachelor apartment condo building.  The units come with a built in pull down murphy bed.  The maintenaince fee’s cover the common elements, building insurance, water, and parking.

Condo Amenitites

19 Avondale features many luxury condo amenities.  There is exercise room, games room and recreation room.  There is a beautiful rooftop deck/garden patio plus 24 hour securtiy.

Steven Campbell, Sales Representative
Forest Hill Real Estate Inc., Brokerage

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Downtown Toronto Condos: Matrix East and West Tower

Photo of original CityPlace Condos Matrix East and West Towers.  Photo taken from gate 13 at Rogers Centre.  Matrix East and West are located on Front St. East.

Steven Campbell, Sales Representative
Forest Hill Real Estate Inc., Brokerage

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