If we're lucky, we still have several weeks of warmer weather to look forward to and if you're still itching for a patio experience, those sidewalk and curb lane patios might be open, at the discretion of the restaurant owner, until November 7th! In the meantime, there are some great events happening this month including TIFF and the return of Just for Laughs.
For me, this summer I was fortunate to be able to spend a number of weekends up north with friends and family at our new cottage. Swimming in the lake, going for long forest hikes, and watching magical sunsets was just the relaxation-medicine I needed to get ready for what is hoped to be a busy fall real estate market.
The Bank of Canada recently announced a .75% hike to the key interest rate, bringing it to 3.25%. According to the Globe and Mail, we can expect further hikes in an effort to tame inflation. How this will affect the market remains to be seen. Interestingly, sales were up in August compared to July. We'll see if that trend continues in the fall.
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,
SAGE Real Estate Ltd., Brokerage
416-483-8000
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Toronto Events For September |
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From TIFF to Just For Laughs to Oktoberfest, there's so much to do in the city during the month of September. Whether you're looking for comedy, film or food (or all three!), you'll find it in Toronto this month. |
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The Best Vintage Furniture Stores in Toronto |
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The best vintage furniture stores in Toronto have what you need to ensure your home reflects your individual personality. You won't find the same cookie-cutter pieces everyone else has at these places that stock a thoughtful and stylish selection. |
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Canada's New Tax Will Target Wealthy Who Buy Private Jets, Luxury Cars and Yachts |
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Canada has introduced a new tax targeting the wealthy who choose to commute via private jet. The Select Luxury Items Tax Act went into effect on September 1. Anyone buying luxury cars or aircraft exceeding $100,000 and boats exceeding $250,000 will have to pay a tax that equals to 10% of the item’s full value. |
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Why Are We Yearning for ’70s Decor Again? |
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It can’t be a coincidence: rising interest rates, worries about inflation and the price of gas, and the triumphant return of the disco ball and the blob sofa all in the same year? Avant-garde Italian furniture from the 1970s, smoked glass, conversation pits, earthy colours, and wall-to-wall carpeting all appear to be back with gusto. |
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Welcome To Canary Park!
S1503 - 120 Bayview Avenue: $789,000
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Stylishly modified, 2 bedroom suite with bedroom wall removed to create a super-sized, open concept, one bedroom + den suite. South facing and sun-soaked with soaring extra high ceilings. Upgrades galore, including custom cabinetry, built-in murphy bed and closet organizers. Southeast views to the park, lake and beyond! Thriving Canary District community at your doorstep and it's a quick walk to Distillery District, the Market, Harbourfront, financial core, shops, restos and more. |
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Meet Me in the Market!
#605 - 25 George Street: $1,329,000
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Olde York Place II: When space matters, this approximately 2,500 square foot suite offering 2 bedrooms plus a family room AND a separate den suite, in the ever popular St. Lawrence Market, is sure to satisfy! Meticulously maintained and ideally located in a quiet and mature complex. The generous living room/dining room is perfect for entertaining guests and family gatherings. The den is ideal for an at home office or study and the separate eat-in kitchen offers ample work space for those who love to cook. Best of all, imagine ending your day with sun-soaked west views toasting in front of a rare-to-find wood burning fireplace. Easily move-in ready or update to personalize. This suite is steps to pretty much everything the city has to offer, including St. Lawrence Market, Distillery District, supermarket, LCBO, theatres, restaurants, the Financial core, Harbourfront and the lake! |
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For Lease: King & Spadina
908 - 438 King Street West: $2,900/month
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The Hudson! Well appointed, executive one bedroom plus den with parking and locker. An entertainer's open concept living/dining/kitchen with a walk-out to open balcony. Stellar west sunset views, luxury master bath with separate shower and a den large enough to be a second bedroom. Steps to financial core, Scotiabank Arena, Rogers Centre, theatres and more! |
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Toronto Real Estate Board Market News |
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Market conditions remained much more balanced in July 2022 compared to a year earlier. There were 4,912 home sales reported through the Toronto Regional Real Estate Board (TRREB) MLS® System in July 2022 – down by 47 per cent compared to July 2021. The average selling price was up by 1.2 per cent compared to July 2021 to $1,074,754. |
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NOT INTENDED TO SOLICIT BUYERS/SELLERS ALREADY UNDER CONTRACT. |
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