Welcome to my November email!
If there is a positive to the pandemic, it's prompted our city council to quickly approve changes that have historically taken years, including expanding patio capacity (CafeTO has officially been approved to go through winter) and further implement more bike lanes. Council just approved a study on bike lanes and patios on Yonge running from Bloor to Lawrence! Check below for an article on this along with some November events to enjoy, where to get the best hot chocolate & a neighbourhood focus on Little Italy.
The October numbers for Toronto's real estate market are out and while the numbers overall are shockingly positive (sales are up by 25.1% compared to October 2019, the average price is up by 13.7% year over year), it really only tells part of the story. Toronto is a city of micro-markets. The number of condos on the market since last fall has doubled and condo sales are only up by just 2.2% with a year-over-year price increase of .8%. In some areas only about 20% of the properties being listed are actually selling. There is a shift in some sectors of the market, making it a great opportunity for first-time buyers. You can read the full market news below as well as check out some of my recent listings!!
As always, I thank you for your past and future business...and any referrals of friends or family you may have are greatly appreciated!
Brian Elder
Sales Representative,
Royal LePage Real Estate Services Ltd.
416 921 1112
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Toronto Events For November - Virtual & IRL! |
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With Thanksgiving behind us, the weather is getting colder. Fortunately there is still plenty to do, both virtually and in real life! Taking place through the winter season, The Junction 1st Annual Window Wonderland will transform the neighbourhood into an outdoor gallery that is interactive, engaging, and magical. On from November 7 - 8, the Buy Good Feel Good Virtual Market invites you to shop North America’s largest collection of ethically sourced products and support businesses that put people and planet ahead of profit.
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The History of the Little Italy Neighbourhood in Toronto |
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Millions of Italians left Italy between 1896 and 1915, many of which were coming to Canada, specifically Toronto. Little Italy was Toronto's first designated Italian neighborhood. It surrounds College Street, bordered roughly by Bathurst, Dundas and Harbord streets and Ossington Avenue. |
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Toronto council OKs plan that could see bike lanes on Yonge Street by summer 2021 |
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Toronto city council has approved a plan that could see the installation of protected bike lanes on a six-kilometre section of Yonge Street spanning most of midtown Toronto by next summer. The motion calls for the city to explore adding temporary bike lanes on Yonge Street from Bloor Street to Lawrence Avenue. |
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The Best Hot Chocolate in Toronto |
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If you're looking for the perfect drink to cozy up to this winter, it's hot chocolate. This rich, chocolatey beverage warms the soul on those chilly days. These hot cocoa masters elevate the hot chocolate from our childhood and take them to the next level. Here's where you can get the best hot chocolate in Toronto this season! |
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Super Spacious and Renovated
1001-95 Lombard Street: $679,000
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Amazing value in this super-spacious and renovated, 2 bedroom suite with den, parking and ensuite storage room. Well over 1,000 square feet with north-south views over the recently re-landscaped St James Park. This is definitely an entertainer’s dream suite with open concept chef’s kitchen, stainless steel appliances, breakfast bar, a ton of storage & generous principal rooms. Massive primary bedroom with 4-piece ensuite. Intimate and quiet building with only 65 Units. Steps to St. Lawrence Market and the financial core. |
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For Rent: Casa II Condos
4202-42 Charles Street East: $2,300/month
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Welcome to Casa II. A fantastic towering building in the center of everything. Designed in conjunction with Missoni creating extraordinary style and many unique spaces. Wrap around balcony gives plenty of outdoor space to enjoy the views which are also visible from inside every room. A place you'll love to call home. |
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For Rent: Ideal One Bedroom Suite
19-150 Broadview Avenue: $1,895/month
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Ideal one-bedroom suite with spacious private terrace in quiet neighbourly complex and conveniently located in desirable South Riverdale. Shops and restaurants of Leslieville only steps away; Ruby Watchco, Broadview Hotel, Tabule, Jimmy Simpson Pool & Park. Access to transit, Don Valley Parkway and major highways make morning commutes a breeze. Perfect for single occupancy, young professional, or a couple. |
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For Rent: Brand New in Little Portugal
Upper - 58 St. Annes Road: $3,975/month
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Brand new and never lived-in, this 3 bedroom suite is located on the upper floors of a restored detached home in Little Portugal. Exceptional finishes, high-end stainless steel appliances, ensuite laundry, 2 full bathrooms, soaring ceilings on 3rd floor for a jaw-dropping open concept entertainers dream living/dining/kitchen space. The rarest of opportunities not to be missed. Steps to schools, transit, restaurants, parks and College Street shopping. |
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Toronto Real Estate Board Market News |
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Home sales in the Greater Toronto Area (GTA) were up again year-over-year for the fourth month in a row. Our Members made 10,563 sales as reported through the Toronto Regional Real Estate Board’s MLS® System in October 2020. This was up by 25.1 per cent compared to 8,445 transactions in October 2019. |
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NOT INTENDED TO SOLICIT BUYERS/SELLERS ALREADY UNDER CONTRACT. |
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