April 2016 Newsletter

Spring is finally here and although the weather may not be co-operating, the season of growth and new beginnings is upon us! Last weekend I attended the Toronto Yoga Show, which was very enjoyable!

The St. Lawrence Market will play host to “Taste of Italian Trattoria” from April 1 – April 8. This is a hands-on class that sees teams create a three-course Italian-inspired meal. The evening starts with a shopping trip through the St. Lawrence Market for the freshest ingredients and then it is downstairs to create a wonderful spring menu.

From Company and Co., Casa Loma is the scene for three popular escape room sets running throughout the month of April. King of the Bootleggers takes place in the 1920’s and you have been hired by bootlegging kingpin’s Rocco Perri’s wife to take out her husband in the escape room. The clock is ticking as you try to escape before Rocco figures out someone is out to get him.

Escape from the Tower takes you back to 1941 where you (and some friends) have been recruited into the Anti-Submarine Detection Research Centre. You will need to transmit the locations of enemy U-boats to the allies and escape the tower to complete the mission. Mixing fact and fiction, Casa Loma really was used as a research centre for anti-submarine technology after the original location was bombed during the London Blitz.

Station M is an escape game that gives you a taste of the era that inspired the James Bond novels – just after World War II and just before the Cold War begins. This is the third game in the Casa Loma Escape Series. This time the setting is a secret manufacturing facility that fashioned all sorts of high tech gadgets for British secret service. While looking through the items you will learn about one last secret mission in the soon to be decommissioned workshop.

This year Passover takes place the weekend of April 22. For those who observe this holiday may I extend my very best wishes for a joyous holiday celebration.

Best,
Elli

Hot Listings

33 Jackes Avenue #201 – $2,250,000 Grand Suite Of Approximately 3,000 Square Feet! Steps To Yonge/St. Clair/Summerhill Shops And Amenities. Direct Elevator Access, Centre Hall Plan With Formal Living Room, Separate Dining Room, Den, Renovated Kitchen, 2 Bedrooms + Den. Includes 2 Parking Spaces And 2 Lockers. Stellar Service, Valet Parking, Indoor Pool, Sauna, Exercise Room And Party Room.

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180 University Avenue #2405 – $1,438,000The Shangri-La! Spectacular Clear View Of City From 24th Floor Balcony! Superb Suite Has 2 Bedrooms With Ensuites, 2 Piece Powder Room, Den, Open Concept Kitchen, Combined Living/Dining Room, One Parking Space. Building Amenities Indoor Pool and 2,500 Sq.Ft. Fitness Centre. Access To Hotel Restaurants, Pay-Per-Use Hotel Services Include Spa, Function Rooms, Housekeeping, Babysitting, Room Service.

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88 Sheppard Avenue East #2706 – $388,800 Welcome To Minto88: A LEED Certified Building By Award Winning Minto! With A Private Water Feature At Its Very Center Minto88 Is An Oasis Amidst The City’s Hustle And Bustle. Spectacular 1 Bedroom + Den With 608 Sq Ft Of Efficiently Laid Out Space, Open Balcony And Unobstructed West Exposure. Amenities Include A Fitness Facility, Wellness Area, Party Room, 24-Hr Security, Visitor Parking And More!

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33 Delisle Avenue #303 – $2,400 Immaculate, Furnished 1 Bedroom + Den Suite Featuring Hardwood Floors, French Doors, Combined Living/Dining Room, Open Concept Kitchen With Breakfast Bar and Granite Counters, Spacious Master Bedroom, Den/Bedroom, and 4 Piece Washroom. Superb Building Amenities! Great Location Steps Yonge/St. Clair Shopping, Dining and TTC. Minutes To Downtown!

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Elli Davis News

Real Estate Deals Happening at Warp SpeedI was interviewed about the effects of Toronto’s red hot real estate market on buyers. the lightning fast pace of selling properties can lead to buyer’s remorse, or other situations, that can end up with a buyer backing out of the deal. Despite these bumps along the way, a successful sale can still be accomplished, as Carolyn Ireland reports.Read More

Thinking of Buying? Thinking of Selling?

Visit our website for the Buyer’s Guide and Seller’s Guide or feel free to contact me atmail@ellidavis.com and I will get right back to you.

Real Estate News

Ontario Plans to Regulate Home Inspectors this YearOften times a decision about the amount of money a buyer is willing to pay for a property, or even whether or not to purchase it altogether, is based on a home inspector’s findings. The effects of a poorly done home inspection can be devastating, possibly costing the buyer thousands of dollars more than expected. It may come as a surprise, then, that home inspectors in Ontario are currently not regulated. Both B.C. and Alberta regulate the profession, and now Ontario is considering following suit this year. Alexandra Posadzki of the Toronto Star reports.

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Market Watch Report

Strong Growth in Home Sales in March/Q1

Toronto Real Estate Board President Mark McLean announced record TREB MLS® home sales for the first quarter of 2016 following a strong result for March transactions. There were 10,326 sales in March and 22,575 sales in the first quarter.

The positive annual growth in sales was not mirrored on the listings front. The number of new listings entered into TREB’s MLS® System during March and the first quarter were down compared to the same periods in 2015.

“Demand was clearly not an issue in the first three months of 2016, regardless of the housing market segment being considered. The supply of listings, however, continued to aggravate many would-be home buyers. We could have experienced even stronger sales growth were it not for the constrained supply of listings, especially in the low-rise market segments. The resulting strong competition between buyers has underpinned the double-digit rates of price growth experienced so far this year,” said Jason Mercer, TREB’s Director of Market Analysis.

Click Here for the Full Report

Toronto Events Calendar for April

Casa Loma Escape Series (Ongoing)

From Company and Co., Casa Loma is the scene for three popular escape room sets running throughout the month of April. Gather a group of friends and choose from the following scenarios: King of the Bootleggers, Escape From the Tower or Station M. Rated one of the best escape rooms in Toronto, prepare to use your wit and wiles to make it to the end!

Green Living Show (April 15 – 17)

Celebrating its 10th year, the Green Living Show brings all things “Green” to the Metro Convention Centre. Featuring everything from delicious local food and drink to environmentally friendly transit – including cars, yoga and fitness, the EcoParent village, sustainable fashion and beauty, the MaRS Discovery District and more. Remember: Earth Day is on Friday April 22, so the Green Living Show can offer inspiration for environmentally friendly lifestyle choices!

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