March 2015 Newsletter

Hi!
Hello March!  I think most of us are thrilled to see that Spring is just around the corner. Daylight Savings time begins this Sunday, March 8. It will be such a pleasure to enjoy those longer evenings.This month Toronto hosts the National Home Show and Canada Blooms. Both run simultaneously, at the Direct Energy Centre, March 13 – March 22. The Home Show offers the largest selection of products and expertise in the areas of home decoration, renovation and gardening. Canada Blooms is an annual flower and garden festival which is the largest of its kind in Toronto. It showcases horticulture as well as floral arrangements and landscaping projects.March Break is a welcome reprieve with many activities to keep both children and adults entertained. Disney is bringing an adaptation of their hit movie “Frozen” to the Rogers Centre March 18 – March 22.  Fans of the film can enjoy Elsa and Anna’s journey which is told through the medium of skating.The annual Sugar Bush Maple Syrup Festival at the Kortright Centre For Conservation takes place February 28 – April 6. It features demonstrations, wagon rides, children’s entertainment, family-friendly crafts, maple syrup samples and pancake breakfast. This is an event that can be enjoyed by the entire family.Please read on for more events and entertainment that are a must-see.Regards,
Elli

Newsletter Contents

38 Avenue Road #1802 – $1,795,000The Prince Arthur At Its Best! Beautifully Renovated (2008) With Luxurious Finishes, Outstanding Kitchen, Washrooms, Floors and Built-Ins. Spectacular North Views, Two Balconies, 2 Parking Spaces & Locker. Superb Amenities Include Concierge, Exercise Room, Games Room, Rec Room, Sauna & Valet Parking. Steps To Yorkville, Fine Shops, Dining, Transit and Entertainment. Minutes To Downtown, Hospitals and University Of Toronto. Pet Free/Smoke Free Since 2008.Learn More
9 Oriole Parkway – $1,750,000Looking For A Great Family Home In A Central, Superb, Yonge/St.Clair/Forest Hill Area? This 3-Storey Traditional Residence Is Walking Distance To Outstanding Schools (Upper Canada College/Bishop Strachan School/Forest Hill Collegiate) Is Priced Reasonably And Shows Perfectly! Featuring Six Generous Bedrooms, Second Floor Laundry, Finished Lower Level With 3 Piece, Rec Room & Exercise Room. Double Private Drive & Double Garage. Hydro Appx $1,882 (2014), Gas Appx $2,466 (2014), Water/Sewage/Garbage Appx $1,301 (2014).Learn More
36 Binscarth Road – $1,750,000Superb Family Home Nestled In The Prestigious Enclave Of Rosedale! Immaculate Detached 3-Storey With Hardwood Floors, Skylights, 2 Wood Burning Fireplaces, Renovated Kitchen (2000), Garden/Family Room With Walk Out To Stone Patio. Second Floor Features Master With 5 Piece, Family Room, Office and Hobby Room. Third Floor Has 2 Bedrooms and 4 Piece (2010). Finished Basement With Rec Room and 3 Piece Washroom. Roof Replaced 2006. Detached Garage At Rear Of Property. Steps To Glen Road, Summerhill Shops, Parks, Churches & TTC.Learn More
221 Coldstream Avenue – $1,485,000Beautiful Family Home In Quiet Lytton Park/Strathallan Locale! Features Gleaming Hardwood Floors, Vaulted Ceiling, 3 Skylights, Wood Burning Fireplace, Exceptional Kitchen With 10′ Granite Counter, Main Floor Family Room With Walk Out To Garden, 4 Generous Bedrooms, 3.5 Baths And Finished Lower Level. Secluded Lush Garden. Built-In Garage & Private Drive. Steps To Synagogues, Parks, Shops & Public Transit.Learn More

Elli Davis News

Thinking of Buying? Thinking of Selling?Visit our website for the Buyer’s Guide and Seller’s Guide or feel free to contact me at mail@ellidavis.com and I will get right back to you.

Real Estate News

A Lack of Listings Leads to Lively Bidding for Toronto Homes

Elli was one of the Toronto agents interviewed by Carolyn Ireland about the shortage of listings and how this has affected the real estate market and property prices. In recent years Toronto has seen a steady flow of condos available for sale but the inventory in detached homes has been low, which has helped fuel edge-of-your-seat bidding wars. What does the future have in store?

Read More

Market Watch Report

February 2015: Robust Sales and Price Growth in February

Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported 6,338 home sales through the TorontoMLS system in February 2015. This result represented a substantial 11.3 per cent year-over-year increase compared to February 2014. Large annual increases in transactions were noted for most major home types, in the City of Toronto and surrounding GTA regions.

“Even with the record low temperatures last month, we still saw an increase in the number of people purchasing homes in the GTA. This speaks to the importance households place on home ownership and the fact that buyers continue to view ownership housing as a quality long-term investment in which they can live,” said Mr. Etherington.

The overall supply of homes for sale, as measured by the count of active listings at the end of February 2015, was down by 8.7 per cent compared to the same count in February 2014. This means that market conditions became tighter, leading to more competition between buyers.

The overall average selling price for February 2015 home sales was $596,163– up by 7.8 per cent compared to the average for February 2014. Driving this increase was the detached market segment. In the City of Toronto, the average detached selling price moved above $1 million dollars for the first time in a calendar month.
Click here for the full report

Toronto Events Calendar for March

What to do with the kids for March Break…??

National Home Show and Canada Blooms (March 13 – March 22, 2015)

Held at the Direct Energy Centre, this is the nation’s largest home show! Highlights this year include “Canada’s Favourite Scottish Design Duo” Colin and Justin and Frank Ferragine – a.k.a. “Frankie Flowers”, as well as many other experts and hundreds of exhibitors. Tickets admit you to both the National Home Show and Canada Blooms, a gardening extravaganza. Whatever your interest, you will find something inspiring!

World MasterCard Fashion Week (March 23 – March 27, 2015)

Top Canadian designers will be showcasing their Fall/Winter 2015 collections this month at the World Mastercard Fashion Week! David Peacault square will be transformed into a hub of talent and beauty where we will be given a glimpse of upcoming fashion trends. Toronto will be abuzz with activity as designers, models and fashion critics are interviewed by TV, radio and print media, as well as making appearances at Fashion Week related events and parties in the city’s hottest venues.


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