Art Deco Influenced Building with Several Studios+ 2 Residences & a Massive Terrace (SOLD*)
1205 Bathurst St in Toronto Ontario
Asking $5.35 million
More details to follow.
*Represented the purchaser
Asking $5.35 million
More details to follow.
*Represented the purchaser
STYLISH, 2 BEDROOM IN RENO’D VICTORIAN. KING WEST VILLAGE. 2 storeys in a unique 3 story Victorian house. Spacious, lots of natural light, high ceilings, hard wood floor.
LOCATION: Great neighbourhood, steps to financial district, Queen West, waterfront trails and transit. WHAT TENANTS SAY: “Sunny, warm and it felt like home.” “We loved it. Great location, funky house, spacious.” “Great space. Great landlord.”
GROUND FLOOR: Private entrance and spacious foyer.
2ND FLOOR: Open concept living space, dining room/den/office, gas fireplace (primary heat), new hardwood floor, recessed lighting, modern kitchen and huge (300 sq. ft) south-west facing, all-day sun terrace.
3RD FLOOR: 2 bedrooms, walk-in closet, lots of windows and 2 skylights, gorgeous washroom, deep tub, new carpet and light fixtures.
BASEMENT: Ample storage space with shelving provided and convenient laundry zone.
MOVE-IN PERFECT, freshly touched up, painted and cleaned. Lovely apartment. Well maintained property. Excellent value. Available September 1, but some flexibility. $3,200. per month Includes: Parking, laundry facilities, storage, hot water. Heat and hydro extra. Central air conditioner. Unfurnished. Non-smokers. Sorry, no cats.
30 min from downtown TO, nestled among 80’ trees, sits this beautifully upgraded home.
New windows and spray foam insulation along with 2 gas fireplaces keep it toasty. Updated electrical, water tank and softener (2014). Deeded waterfront. Enjoy a rare, zero-sightline backyard (very private), fire pit included!
Ideal for 1st time homeowners or downsizers, move in ready with no work required. Comes with some of the best neighbours you’ll ever have. Furniture negotiable. Turnkey.
26 Rosehill Drive in Musselman's Lake (Whitchurch-Stouffville)
Last week, on an online REC Brunch, we discussed the current state of the market. Many are concerned over COVID-19 and how this will influence their investments. Here's a recap of what was discussed in our event.
Now is a very important time to be proactive. Stay up to date on the news to diminish any concerns you may have. Getting educated is the key to feeling secure.
Values in real estate did not go down. It's not like stocks, where the market and can rise in fall in a day. It will take a while for an impact to be made apparent. It's only ever a loss if you sell, the market will inevitably rise if it does fall.
We would advise against selling now if you can. Only sell if that's your only option, it would be a mistake unless you must. If you're looking to buy, only do so if you're financially comfortable. If you don't have steady income and a healthy amount of liquid cash just wait. We advise to hold off buying and selling for the next few months, especially if you don't have liquid cash. We still anticipate an appreciation of 3.5 - 4% in the Greater Toronto Area, which is lower than what we usually see. The Alberta market was hit, but that is an outlier compared to the rest of the country.
If you plan on buying a rental property now ensure that it has a rental guarantee as well as a deferred down payment structure. There won't be any pre-construction launches for the next while, we will likely be seeing virtual launches in the coming months. If a project has gone bankrupt you will receive the entirety of your money back, but it's also likely that another developer will pick it up.
If you've purchased pre-construction and money is tight, don't be afraid to ask for an extension. The builder will likely not cash the cheque if you ask. Ask for more time than you need if you are negotiating, this will probably net you more time or give you the exact time you were trying to get.
Ensure that you stay in contact with your tenants. The vast majority of people were able to pay their rent last month, but that could alter depending on how long this continues. Now is a good time to be lenient with them, not everyone has the same financial comfort.
If money is an issue right now, look at your short-term expenses. You can probably trim what's unnecessary. With any recession priorities need to turn into your main focus. There are still opportunities everywhere, and not just in real estate. Success is still out there, it might just be a little harder to find.
Blend and extend mortgages have been what many are utilizing in commercial real estate right now. This is when you mix your current mortgage rate with what your lender is offering as of now for a new rate; your lender will then extend your term. This will likely continue for the following three months.
These tours are the best way to get the message across to out-of-town or overseas buyers.
Staging a home is a necessary aspect of the selling process. About a decade ago this wasn’t highly utilized but with growing demand, increased prices and a surplus of buyers, the market has changed. Having a home filled with clutter used to be the norm, it was more acceptable to take the property as is. Staging entails making the home appealing to the average buyer, giving it room to breath and letting the potential buyer have the opportunity to see themselves living in the home.
The key benefit to staging is making the property show better to any interested party. With a clean and comfortable place, the home will stay more memorable to any potential buyer. This will also increase the market value of property as the perception will be that of a higher quality interior. There will also be a shorter time on the market, as the improved look will have more eyes, generating more potential purchasers.
Is staging something anyone can do? It is not recommended, as a professional has the experience and data to adjust the look of the room in the most generally appealing way. Without their expertise, it’s possible to have a negative impact on the appearance, making the asking price seem too high. The rooms need to feel balanced, a stager maneuvers through making each area feel tacky or flat.
The most significant thing that a stager does is alter the furnishings. To present a home at its peak, eliminating the tired dated furniture is a must. The main floor and first room are the areas that require the most focus as most perusers will stay in those areas, and it’s generally where they make their decision. It needs to “wow” anyone walking in. The art and accessories are also a necessary factor to producing a welcoming atmosphere.
The average cost of a stager is approximately $4,000. This includes all of their advice, a new presentation and new furnishings. This is by no means a frivolous cost as the returns are generally up to 10 times more. It’s a highly utilized aspect of the selling process for a good reason.
Many have this notion that you need to hide the flaws of the home, but that is not the best course of action. Staging a home isn’t about deceiving the potential homeowner, it’s about presenting the property at it’s best. The goal is to highlight the stronger areas, which will detract the shopper from the problematic spots. You want them to fall in love with the possibility of what it can be, not focus on the imperfections.
If a house is properly staged, it will generally be sold in approximately 2 weeks in the Greater Toronto Area. The average days on market of this region are 23 days. The more appealing the interior of the property is, the faster it will be taken off the market.
Carmen Wageman, owner of Stage Right, stated in an interview with REC: “There are no secrets to staging, it’s all common sense. The newer and brighter it is, the better it looks. The paint must be a current colour to appeal to the most amount of people and modern sensibilities. Fix things that are broken. Bring in new light fixtures. Update things that don’t cost a lot of money. Make your house look newer and you will gain more money.”
“Furniture and art has to cater to all styles. A transitional approach is the most appealing middle ground, traditional with modern sensibilities catches the most eyes. A high-end luxury feel is what has the strongest influence on a buyer. Don’t go too trendy or too staged. The minimalist look is the most appealing, less is more in this instance.”
The villa has an extensive pool area on which to lounge, a modest but refreshing pool, an outdoor kitchen, a jacuzzi to soak in & a separate shady area with a breeze under the arbor amongst the olive trees to socialize or read a book. When night settles in, you can relax under the tiki hut in the jacuzzi & take in the beautiful scenery.
Cool down in the pool with outdoor shower. Relax on one of the many sun loungers.
Villa Críalo sits in a unique location with amazing south and south-west views. Bring your camera, pull out the oil paints, spot the birds, or just enjoy the way the sun and shadows play on the hills.
The home has air conditioning and 4 new quiet ceiling fans to circulate the air. The gated property offers high speed internet with WIFI and satellite TV.
The main kitchen is fully equipped with a hob, fan, oven dishwasher and microwave, The hot water is ön demand”. There is a front loading washing machine electric dryer outside in the exterior kitchen although clothes dry in minutes when hung.
There are 3 bedrooms to choose from. Two bedrooms are equipped with queen sized beds. The 3rd bedroom has 2 single beds. If you want to get away and have your own private space, there is an upper nook in the villa with a loveseat, TV, desk and card table with chairs. which you can relax in and surf the internet!
If you prefer, there is a spacious outdoor kitchen with a BBQ where you can prepare your meals and snacks!
The surrounding hills are planted with olive and almond trees as well as cacti and succulents. You will also see an occasional fig or mango tree
Villa Críalo is a 20 minute drive to the beach of Algarrobo Costa, 15 minute drive to the closest golf course and a 30 minute drive to the picturesque town of Nerja. The nearest city is Velez-Malaga which is about a 30 minute drive. Villa Críalo is just less than 60 minutes from Malaga (AGP) airport.
All of this makes Villa Críalo the perfect getaway for friends and families.
We want you to be fully aware that our home is located in the mountains. The road to get to our villa is sometimes narrow, mostly concrete and occasionally on the edge. If you are extremely nervous about mountain roads and don't feel comfortable driving along narrow, partly cement, partly gravel roads, unfortunately this may not be the villa for you. That said, most of the better villas in the mountains are accessed by similar roads. We love our home but do realize that to some, it may be a challenge to get there. Take it slow and easy then reap the rewards of the spectacular setting & views with which we fell in love.
Listed by Revolution Inc. Realty Brokerage
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Asking $3,600,000 CAD
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