King West Condominiums Preview Buying Evening

July 31st, 2008

We invite you to attend the King West Condominiums in Liberty Village Preview Buying Evening Wednesday August 6th from 5 pm to 8 pm.

This is a Preview Event for Registered Guests ONLY. As such, we must accompany you to this event in order for you to be allowed into the sales centre.

Because there is a strictly limited capacity in the sales centre for this event, we urge you to RSVP as soon as possible – either by email to laurin@jeffreyteam.com or by telephone to 416-388-1960 – to avoid disappointment. Once they are at capacity, no further purchaser RSVPs will be accepted.

If you haven’t done so already, check out the website at www.kingwestlife.com and you’ll see a selection of floorplans, renderings, features and more; the website is being updated regularly with fresh information, so please be sure you check back regularly.

On Wednesday August 6th from 5 pm to 8 pm, our guests will be able to tour the furnished model suites, preview floorplans, and choose your preferred suite at Initial Preview Prices that are in effect for a strictly limited time.

We look forward to seeing you on Wednesday August 6th between 5 pm and 8 pm at the sales centre.

Posted in First Time Buyers, New Condos & Lofts, Toronto Condos and Lofts, Toronto Real Estate Market, West Toronto Real Estate | No Comments »

Modern Beach Lofts

July 27th, 2008

Streetcar Developments is pleased to introduce their latest loft conversion project located in the heart of the popular upper beach neighbourhood of Toronto.

952 Kingston is a unique 24 unit building which marks the first loft conversion project in this area of the city. This property is steep with history beginning life as a movie theatre in the early 1940’s.

When you look at the upper level of the building you can see the Art Deco influences in stone details and linear motifs. The residential entrance of the building recalls the sense of the original theatre grand entrance. Upper levels house distinctive curves, glass facades and terraces.

This design gives a sense of light and space to streetscapes to balance the historic solidity of the lower levels. Some of the other features include indoor parking, spacious balconies and contemporary kitchens all in a vintage urban setting.

The conversion of the 1940 movie theatre into 24 modern art deco loft residences will be the landmark in the upscale north beach neighbourhood. Stainless steel appliances, 10 ft. ceilings and polished concrete floors are some of the many features that 952 Kingston has to offer.

Building Developer: Streetcar Developments Inc.

Architect: Core Architects Inc. the architectural and interior design team behind some of Toronto’s most popular downtown addresses. With a portfolio of residential work that reflects a thorough understanding of urban living requirements, Core sets itself apart by translating these requirements into beautiful, functional living spaces. Core’s commitment to fine architecture ensures the use of strong, innovative concepts designed to satisfy the most discerning homeowner.

Marketing Firm: The Walsh Group is a design firm responsible for marketing numerous successful condominium and loft conversion projects in Toronto. The firm is focused on producing designs that are bold, fresh and have a strong visual message to brand the identity of the development.

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Contact the Jeffrey Team for more information – 416-388-1960


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    Real Estate Market Watch – July 2008

    July 24th, 2008

    Recent sales data from real estate boards around the country indicates that real estate markets are changing to favour the buyer. Sales continue to decrease and benchmark prices for residential homes in most areas are moderating, in some areas trending down slightly since March.

    Real estate is cyclical and the numbers show that we’ve entered a buyer’s cycle,” explains Kelvin Neufeld, president of the Fraser Valley Real Estate Board. “Where appropriate, Realtors are recommending their sellers sharpen their prices, in particular for higher-end properties. On the other hand, there’s still a steady appetite for mid-range properties priced competitively. Our average days-to-sell in June for single family homes was only six days more than last year indicating that when buyers see an opportunity, they act.”

    “We are now approaching a balanced market.” said Ann Cosens, RAHB President. “Sellers can expect reasonable offers and homes are generally selling in reasonable time periods. For buyers, prices remain stable and there are a good number of homes to choose from.”

    “With the market stabilizing, there has never been a better time to be looking for a home,” added Cosens. “Consumers have more properties to choose from and less pressure to make a quick decision and the market has a lot to offer all buyers.”

    In most provinces, sales numbers are slightly lower comparing to the same period of 2007, although it is still higher than those of 2006. It worth mentioning that 2007 was a record breaking year for real estate sales around the country.

    On the other hand, some areas in Ontario recorded a remarkable increase in June! Burlington saw a 65% increase in activity, driven by detached home transactions and even more robust attached/row house sales. In Toronto (downtown east) activity was up 4% due to attached/row house and condo sales. And Ottawa saw a big saw jump in higher-end properties, in particular, for homes priced between $750,000 and $1 million, which had a 52.4% increase over last June.

    Canadian real estate is experiencing a soft landing coming off the strongest and longest real estate cycle in our history. For those who don’t remember selling a home in a normal competitive market, it’s essential to work with a real estate professional who knows how to establish the right price for your property. Everything matters now: your neighbourhood, your property type, your home’s appearance and thorough marketing.

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    Contact the Jeffrey Team for more information – 416-388-1960

    Posted in Buying Real Estate, Luxury Real Estate, Other Real Estate Markets, Selling Real Estate, Toronto Condos and Lofts, Toronto Real Estate Market | No Comments »

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    Trump Toronto Construction Update

    July 23rd, 2008

    Trump Toronto enters second phase of construction for the historic 60-storey tower.

    Laurin, the recent installation of a 170-foot tall crane signals the next exciting phase of construction for Toronto’s landmark Trump International Hotel & Tower Toronto.

    Just days prior to the crane installation, Ivanka Trump toured the Trump Toronto site with Talon President and CEO Val Levitan.

    “We were thrilled to have Ivanka Trump tour the site, ” says Mr. Levitan. “Her presence, support and continued involvement are further testament to the growing stature of this city.”

    Ms. Trump, The Trump Organization’s Vice President of Development and Acquisitions, met with key development team members and conducted several interviews with local media, including Global TV’s Canada AM and the Globe and Mail.

    On July 17, pouring of the first major concrete footing occurred. One key concrete pour is scheduled to happen each week moving forward toward the building’s completion in 2010. These pourings are significant, as the footings range from 300-400 metres of concrete, with one measuring close to 800 cubic metres.

    The next visible signs of construction include the installation drilling of the Enwave chilled water line and the removal of the last remaining excavator from the site.

    Limited New Release of Suites Available!

    Don’t miss the opportunity to experience The Trump Lifestyle in the heart of Toronto.

    There is no better time than now to take advantage of this spectacular opportunity to own a Trump property in the heart of Canada’s largest and most vibrant city.

    Trump International Hotel & Tower, Toronto is the only Trump property in Canada. And the only place to experience the discreet privilege of the Trump Lifestyle.

    A residential lifestyle that includes:

    · A pair of chauffeured S-Class Mercedes’ are available round the clock to whisk you wherever you might want to go within the city;

    · Valets greet guests and residents alike to park and retrieve cars;

    · Full-service concierges stand ready to provide any service to make days and nights run smoothly;

    · A five-star restaurant is an elevator ride away—as is a ground-floor sushi and martini bar;

    · Resident world-class chefs are on hand to cater intimate dinner parties or more expansive affairs;

    · A two-level spa is at your door step to help smooth away stress and keep bodies fine-tuned and fit.

    This limited release of our most popular residences are priced from $2.1-million. Hotel condominiums from the $900,000’s (CAD).

    With the tower just beginning to rise, this is a tremendous opportunity to enjoy the Trump Lifestyle at a still great value.

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    Contact the Jeffrey Team for more information – 416-388-1960

    Posted in Buying Real Estate, Luxury Real Estate, New Condos & Lofts, Toronto Condos and Lofts, Toronto Real Estate Market | No Comments »

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    The Mansions at Jarvis

    July 23rd, 2008

    Over the last few years, Toronto’s dramatically renovated historical buildings – largely factories and warehouses – have earned a certain cachet in the city’s condominium market. Such loft conversions tap into a growing urban nostalgia, a yearning for authenticity and for “retro” charm. They speak to our heightened awareness that restoration of century-old buildings is vital to preserving the character of our city.

    At a time when city dwellers treasure unique living spaces more than ever before, the conversion of one of Jarvis Street’s original mansions is truly significant. In terms of history, architectural merit and its central downtown location, the recently completed Mansions at Jarvis is one of the most exciting projects the city has to offer.

    “This is a rare opportunity for people to own a home in one of Toronto’s oldest and most desirable neighbourhoods,” says Brad Lamb, broker for the Mansions at Jarvis. Aside from the building’s own merits, purchasers will benefit from the unusual circumstances of sale. As Lamb explains, “This is a receivership sale, and the prices of these units are substantially below pricing in the area.” And, because the final finishing nail has already been hammered into place, new buyers can take possession immediately.

    The three-storey, 10,000-sq.-ft. mansion was originally built in the late 19th century, in the heart of what is known today as the Jarvis Mansion District. On this street, once called “Canada’s Fifth Avenue,” wealthy landowners built their dream homes; happily, today’s residents are painstakingly restoring these homes to their former glory. Lamb points out that, prior to the conversion, Mansions at Jarvis was well-known to area residents as the popular dining spot, Julie’s Mansion. Just next door is the home in which Canada’s once-Governor General Vincent Massey and his brother, actor Raymond Massey, were raised.

    While the interior of the mansion has been adapted to accommodate individual suites, the builder was careful to preserve the integrity of the building’s exterior. The period architecture remains intact, and has been re-clad with a view to refreshment, not dramatic change. Varied rooflines, extraordinary window detailing and an elegant, discreet entrance all contribute to the Mansions’ distinctly un-apartment-like street presence. Wrought iron fencing with pillars of masonry surrounds the property, adding to its distinction.

    There are 34 units in all, including 13 condominium suites in the original mansion. A number of garden terrace homes and penthouses with rooftop decks have been seamlessly integrated with the addition of an eastern wing.

    “In keeping with the pedigree of the original mansion, these homes are outfitted with some impressive features,” says Lamb. “They’ve got high ceilings, high-end kitchens, rooftop gardens – all the things buyers would hope for.” Standard appointments include granite countertops and upscale cabinetry, while flooring ranges from oak to oversized ceramic tile to sisal carpeting.

    The real fun comes in perusing floor plans, which start at 468 sq. ft. and range upwards to an expansive 1,765 sq. ft. Due to the nature of conversions, those suites within the original structure are strikingly different from one another. Amazingly, the penthouses and garden terrace homes in the new wing are nearly as diverse in design. Clearly, the architecture of the original mansion was used as a guiding light.

    Each home boasts outdoor access, whether through private terraces, Juliet balconies or extraordinarily spacious rooftop gardens. Some floor plans are designed around open-concept principles, while others maintain a more formal delineation between rooms. Some plans boast skylights, others have pantries and walk-in closets, and still others double-sided fireplaces.

    As the Mansions’ original owners must have felt, it’s difficult to imagine a better downtown location. While the immediate surroundings are comprised of gorgeous century homes, a short walk can take you everywhere from favourite local watering holes to the upscale shops and famous museums of Bloor-Yorkville; from the neighbourly atmosphere of the Church Street Village to the remarkable convenience of the Eaton Centre. And for cross-city travel, TTC access is wonderfully close at hand.

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    Contact the Jeffrey Team for more information – 416-388-1960


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