To all our “Central Toronto Real Estate” blog readers, we wish you a Merry Christmas And A Happy New Year 2016. Please continue reading our blog articles in 2016 and please share our blog articles with your friends, families and co-workers. Please share your comments and with us and please give us your feedback. […]
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Buyers can cancel property sale over Sellers’ misleading information
Is a seller required to be truthful in disclosing to a buyer that a house was built on potentially toxic landfill? That was the issue in a case decided last month in eastern Ontario. For many years, Christian Ménard and Lillian Lalonde lived in a nice-looking, well-constructed bungalow on a manicured double lot outside […]
29 Lewis St., Toronto – Custom-built house in Riverside sells in one day on market
29 Lewis St., Toronto ASKING PRICE $949,000 SELLING PRICE $943,000 PREVIOUS SELLING PRICE $285,222 (2000) TAXES $5,124 (2015) DAYS ON THE MARKET 1 The Action: Riverside had no shortage of properties available this fall, but none were similar to this custom, three-storey residence less than a five-minute walk from Queen Street shops, restaurants and […]
Rise of Willowdale, Toronto’s Hottest New Neighborhood – Part 1
Builders are always looking for bargains, so it caused quite a stir when a pleasant backsplit went on the market in North York’s Willowdale area earlier this month for what may have seemed like a crazy amount to anyone else — $1.1 million. All that counted to the dozens of interested builders who filed […]
Rise of Willowdale, Toronto’s Hottest New Neighborhood – Part 2
“It’s pretty easy to understand why people are doing this — the economics are completely in line with the market when you consider that a detached house in the City of Toronto is worth over $1 million now. “It’s definitely changing the character of neighbourhoods and it’s certainly not good for affordability. But it’s […]