May 2015 Newsletter

Spring is here and the Festival season has begun! Canadian Music Week, Canada’s largest new music festival, takes place May 1 – May 10 and brings together hundreds of bands at more than 60 venues across the City. This festival features a mix of new and experienced performers from around the country and the world including John Mellencamp, The Love Junkies, Billy Talent, Daniel Lanois and Kiesza to name a few. Mother’s Day, Sunday May 10, is a celebration dedicated to our mothers and an opportunity to express our gratitude for all that they do. After our exceptionally wicked winter, I am sure everyone is looking forward to the May two-four long weekend. This year the Canadian holiday falls on May 18 and typically fireworks displays and parades are held to recognize Queen Victoria’s birthday. 

This year marks the 16th annual Doors Open Toronto presented by Great Gulf. This year’s event will be held May 23 and May 24. Over 150 buildings of cultural, historical and social importance will open up for the public. In honour of this summer’s Toronto 2015 Pan American/Parapan American Games, the theme is – sports, recreation and leisure – featuring private and public recreational sites ranging from aquatic centres to athletics stadiums. Other participating buildings include the City TV and Omni building at Yonge and Dundas, the historical Elgin and Winter Garden Theatre, City Hall both old and new buildings, Bata Shoe Museum, Pure Spirits Still House and Riverdale Farm.

 

Whether you are heading north to a cottage, camping or enjoying all that our City has to offer, I wish you the very best!

Regards,
Elli

42 Millbank Avenue- $4,895,000Gorgeous Lower Forest Hill Village Home, 5 Years “New”, On A Quiet Street. Steps To Forest Hill Village Shops and Restaurants, Parks and Subway. Impeccable Details & Taste Throughout! Main Floor Kitchen/Family Room, Study and 10′ Ceilings. Four Grand Bedrooms With Ensuites, Fireplaces and Built-Ins. Lower Level Includes a Nanny’s Suite, Rec Room, Exercise Room and Direct Access To Double Garage. Professionally Landscaped Tiered Garden With Fountain and Stone Patio For Entertaining!Learn More
1801 Bayview Ave. PH#803- $838,000First Time Offered! Unique Top Floor With Open, Uncovered South Balcony, Living Room With Loft & Cathedral Ceiling, Master Suite, Granite Kitchen & 2-Pc Powder Room. Second Floor Offers Family Room, Electric Fireplace, Guest Bedroom , 4-Pc Washroom, Open Sitting Area, Third Bedroom/Office With Built-In Desk And Large Deep Closet. Steps To Bayview/Eglinton Shops, Metro Grocery Store, TTC. Building Offers Security, Exercise Room, Party Room, Library. Great Space For A Reasonable Cost In A Fabulous Locale.Learn More
50 Yorkville Ave. 39th Floor – $5,200,000Magnificent Custom Design Offers Sensational Bright, Entertaining Space With Unique Finishes And Truly Spectacular Forever Views Over City, Ravine And Lake From Floor To Ceiling Windows. Crema Marfil Marble Floors And Counter Tops, Seamless Integrated Chefs Dream Kitchen With Large Island. Grand Size Master Bedroom With Two Walk In Closets And Spa Like Marble Ensuite. Well Planned Living Space Allows For The Den To Be A Separate Third Bedroom. Abundance Of Closet Space Throughout. Terrace With A Spectacular Clear View Over Rosedale Valley, City Lights And Lake Too. Suite Has Direct Elevator Access, Integrated Appliances. Separate Laundry Room With Rear Service Entrance. Oversized Locker And 2 Parking Spots. Full Four Seasons Amenities Including Concierge Service, Valet Parking, Membership To Health Club And More.Learn More
38 Avenue Road #1802- $1,795,000The Prince Arthur At Its Best! Beautifully Renovated 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.Learn More
36 Binscarth Road – $1,645,000Beautifully Landscaped With Superb Curb Appeal! Detached 3-Storey Home In Prime Rosedale Location! Excellent Condition With Updated Kitchen & Baths, Spacious Living Room With Wood Burning Fireplace, Separate Dining Room, Family/Garden Room With 4 Skylights & Walk Out To Stone Patio & Yard. Master With 5-Piece Ensuite, Family Room & Office On Second Floor. Two Bedrooms On Third Floor. Spacious Rec Room/Office On Lower Level. Single Garage At Rear. Steps To Glen Road, Parks, Summerhill 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

If I Had a Million Dollars…

For the first time the average price of a detached home in Toronto has exceeded the one million dollar mark, $1,048,000 to be exact, an indication of the upward trend in the price of residential properties. This announcement has created a buzz about what the value of one million dollars is these days in Toronto’s real estate market. What was once a financial marker of “having it all” is now the norm, and a property at that price point can even include a house that needs extensive renovations, or a complete tear down.

The National Post recently featured a story on what one million dollars can buy in different cities across Canada, providing an interesting look at how other cities compare to our own. Locally, Kerry Taylor of the Globe and Mail took a tour of Roncesvalles open houses to “play buyer” and see what one million dollars can buy there. Both articles offer a fascinating look at what is on offer.

Market Watch Report

Record Sales in April 2015

Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported 11,303 sales in April 2015. This was the highest sales result on record for the month of April and represented a 17 per cent increase in comparison to April 2014. While sales increased strongly on a year-over-year basis, new listings were up over the same period by a more moderate five per cent.

“Demand for ownership housing was very high relative to the number of homes available for sale in April. This situation is not expected to change markedly as we move through the remainder of 2015. Until we experience a sustained period in which listings grow at a faster pace than sales, annual rates of home price growth will remain strong,” said Jason Mercer, TREB’s Director of Market Analysis.

Click Here for the Full Report

Toronto Events Calendar for May

Jewish Music Week in Toronto (May 10 – May 17, 2015)

Jewish Music Week in Toronto is an exciting week of concerts, recitals and musical events throughout the GTA. 2015 marks the fifth year of this festival that celebrates Jewish music, as well as the Jewish contribution to genres of music not generally thought of as Jewish. With performances all over town, you won’t have to travel far to enjoy a spectacular musical event. Jewish Music Week in Toronto has something for everyone!Doors Open Toronto (May 23 – May 24, 2015)Since its inception in 2000, Doors Open Toronto has attracted more than 2 million visitors to nearly 650 unique locations across the city. In honour of this summer’s Toronto 2015 Pan American/Parapan American Games, this year’s theme – Sports, Recreation and Leisure – features private and public recreational sites ranging from aquatic centres to athletics stadiums. What an excellent way to get access the less public places in our city!Enjoy Toronto in Full Bloom!  (Spring!)With the arrival of warm spring weather comes the colourful blooms of flowering plants that help brighten Toronto. There are many places you can visit to view the full display of nature’s beauty, including Allan GardensSpadina Museum Gardens, Toronto Botanical Garden, Humber Bay Butterfly Habitat and the High Park Hillside Gardens.Also of special note are the cherry blossoms, or sakura, that create a pink and white petal-filled wonderland in High Park. These blossoms have a very short life span, and this year they are predicted to be in full bloom between May 5 and May 10. You can track their up to date progress on the Cherry Blossoms in High Park blog.Wherever you decide to go, bring your camera, your sketch book, your family and friends! Share the beauty with all!

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