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George Carras, President of RealNet Canada Inc., has his own monthly column in the Toronto Star! He'll be sharing real estate insights with you in his column which will appear in the Toronto Star newspaper on the last Saturday of every month and published on the Toronto Star website. You can find more news articles on the
News page of our public website.

Continuing GTA growth needs smart direction

"The Greater Toronto Area new-home market experienced a strong recovery in 2014. A total of 39,736 new homes were purchased last year, representing an increase in unit sales of 41 per cent from 2013.

Total market activity was more than $23 billion."

Please click here to read his latest article on the
Toronto Star website
(Originally published on Jan 30, 2015)


Development: Aquavista at Bayside
Builder: Tridel and Hines
Price Range: $323,500 - $3,550,000
(as of January 8th, 2015)
Municipality/TREB District: C8
Location: South of Queens Quay East, east of Lower Jarvis Street
First Occupancy Date: September 2016
Commission: 4% confirmed on January 8th, 2015
REALNET® Inventory #: ON-HGH-1821

Development: Gibson Square – North Tower - Tower 2
Builder: Menkes
Price Range: $396,490 - $1,175,990
(as of December 15th, 2014)
Municipality/TREB District: C7
Location: 5168 Yonge Street
First Occupancy Date: October 2014
Commission: 5% confirmed on January 29th, 2015

 

 

Development: Heirloom
Builder: Primont Homes
Price Range: $469,900 - $539,900
(as of March 11th, 2014)
Municipality/TREB District: Markham
Location: South of Major Mackenzie Drive East, west of Ninth Line
First Occupancy Date: January 2015
Commission: 2% confirmed on January 6th, 2015

Development: Minto West Side Condos at Front + Bathurst - East Tower and West Tower
Builder: Minto Developments
Price Range: $190,990 - $638,490
(as of January 12th, 2015)
Municipality/TREB District: C1
Location: 576 Front Street West
First Occupancy Date: December 2017
Commission: 4-5% confirmed on November 5th, 2014
Consumer Incentives: Capped Development Charges and Levies ($3,000 for studio, one bedroom, one bedroom plus den and junior two bedroom units; $5,000 for two bedroom units and larger). Half price assignments of $1,500. First 50 deals that firm: purchaser receives $500 Porter Flight Voucher. Confirmed on 11/05/2014. Subject to change without notice. Agents must confirm the presence, value & availability of incentive with vendor in advance.
REALNET® Inventory #: ON-HGH-1822

Development: No. 1 Yorkville
Builder: Plaza
Price Range: $359,000 - $13,000,000
(as of November 10th, 2014)
Municipality/TREB District: C2
Location: 1 Yorkville Avenue
First Occupancy Date: January 2018
Commission: 4% confirmed on October 11th, 2014
Consumer Incentives: Free assignment. Confirmed on 11/10/2014. Subject to change without notice. Agents must confirm the presence, value & availability of incentive with vendor in advance.
REALNET® Inventory #: ON-HGH-1729

 

Development: Riva del Lago
Builder: Monarch
Price Range: $305,990 - $881,990
(as of January 8th, 2015)
Municipality/TREB District: W6
Location: 110 Marine Parade Drive
First Occupancy Date: December 2016
Commission: Up to 6% confirmed on January, 8th, 2015
Consumer Incentives: Up to 3 years free maintenance fees. Confirmed on 01/08/2015. Subject to change without notice. Agents must confirm the presence, value & availability of incentive with vendor in advance.
REALNET® Inventory #: ON-HGH-1732

Development: San Francisco by the Bay 2
Builder: Chestnut Hill Homes
Price Range: $181,900 - $473,900
(as of January 9th, 2015)
Municipality/TREB District: Pickering
Location: South of Bayly Street, west of Liverpool Road
First Occupancy Date: January 2017
Consumer Incentives: 10% Discount on parking and locker, $5,000 assignment waived, Development charges capped at $2,200, Other closing costs capped at $2,500. Confirmed on 01/09/2015. Subject to change without notice. Agents must confirm the presence, value & availability of incentive with vendor in advance.
REALNET® Inventory #: ON-HGH-1771


Development: The Kip District - One
Builder: Concert Properties
Price Range: $236,990 - $439,900
(as of January 7th, 2015)
Municipality/TREB District: W8
Location: 5365 Dundas Street West
First Occupancy Date: March 2018
Commission: 4% confirmed on January, 7th, 2015
REALNET® Inventory #: ON-HGH-1826

Development: Tribute Communities
Builder: Varley Condominium Residences
Price Range: $410,990 - $2,083,990
(as of December 2nd, 2014)
Municipality/TREB District: Markham
Location: 20 Fred Varley Drive
First Occupancy Date: September 2016
Commission: 4% confirmed on January 7th, 2015
Consumer Incentives: 4% off purchase price. Confirmed on 09/04/2014. Subject to change without notice. Agents must confirm the presence, value & availability of incentive with vendor in advance.
REALNET® Inventory #: ON-HGH-1638

Development: Xpression Condos on Yonge - South Tower
Builder: Zancor Homes
Price Range: $196,900 - $644,990
(as of January 6th, 2015)
Municipality/TREB District: Richmond Hill
Location: 9471 Yonge Street
First Occupancy Date: October 2015
Commission: 4% confirmed on January 6th, 2015
Consumer Incentives: 5% down promotion for units priced less than $400,000: $5,000 on signing; balance to 2% in 30 days, 2% in 60 days, 1% in 90 days, 5% upon occupancy. 10% down promotion for units priced over $400,000: $5,000 on signing; balance to 2% in 30 days, 2% in 60 days, 2% in 90 days, 2% in 120 days, 2% in 180 days, 5% on occupancy. Confirmed on 01/06/2015. Subject to change without notice. Agents must confirm the presence, value & availability of incentive with vendor in advance.
REALNET® Inventory #: ON-HGH-1549

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This newsletter is intended to provide you a quick look at what is happening in the Greater Toronto Area New Homes market. If you wish to learn more about what REALNET® can do for you, please contact:

Brendan Pyne
Business Development Manager, Residential Development

RealNet Canada Inc.
Toronto Local: 416-596-7676 x231
Toll Free: 1-877-992-9933 x231
bpyne@realnet.ca
www.realnet.ca


RealNet Canada Inc. makes no representation about the accuracy, completeness, or the suitability of the material represented herein for the particular purposes of any reader. The material contained in the REALNET® newsletters may not be copied, duplicated or redistributed without the prior written permission of RealNet Canada Inc. E.&O.E.
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