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From Oshawa to Kleinburg, these properties are on the market: Open House

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See what’s available — and for how much — with a selection of GTA Open Houses.

SCARBOROUGH

Location: 6 Mozart Ave.,

Eglinton Ave. E. and Birchmount Rd.

Type: detached bungalow; 3 pus 1 bedrooms; 2 bathrooms

Asking price: $650,000

Open house: Saturday, Nov. 10 and Sunday, Nov. 11, 2-4 p.m.

Listing agent: Katie Steinfeld, On The Block Realty Inc., Brokerage, 416-843-7407; www.getontheblock.com

Features: hardwood floors on main level; eat-in kitchen with laminate floor; finished basement with separate entrance and second kitchen; fully fenced landscaped yard.

Location highlights: walking distance to parks and schools; about a five minute drive to Eglinton Town Centre where there is a movie theatre; close to restaurants; a GO station and a golf club; easy access to Hyw. 401.

NEWCASTLE

Location: 210 Edward St. W.,

Mill St. and Edward St. W.

Type: two-storey detached, 4 bedrooms; 3 bathrooms

Asking price: $595,900

Open house: Saturday, Nov. 10 and Sunday, Nov. 11, 2-4 p.m.

Listing agent: Pamela Daley, Coldwell Banker R.M.R. Real Estate, Brokerage, 905-430-6655; www.cbrmr.com

Features: main floor family room; large eat-in kitchen; main floor laundry room; master bedroom with walk-in closet and ensuite with deep tub and separate shower; upper level sitting area; laminate floors throughout; large corner lot.

Location highlights: walking distance to a park, schools, a recreation centre, an arena, and a dog park; close to shopping, Hwy. 401 and a GO Train station.

OSHAWA

Location: 976 Lavender Crt.,

Ritson Rd. and Beatrice Ave.,

Type: two-storey detached; 4 plus 1 bedrooms; 3 bathrooms

Asking price: $629 900

Open house: Sunday, Nov. 11, 1-4 p.m.

Listing agent: Deborah L. Malatesta, Coldwell Banker R.M.R. Real Estate, Brokerage, 905 728 9414; www.cbrmr.com

Features: well-maintained and recently renovated; eat-in kitchen with custom cabinets, quartz counters, marble backsplash and stainless steel appliances; dark hardwood floors; living room with large bay window; family room with fireplace and walkout to back deck; fully finished basement with bedroom, kitchenette, walkout and three-piece bathroom.

Location highlights: on a child-safe court; walking distance to parks, school, restaurants, shops and a grocery store.

KLEINBURG

Location: 79 Port Royal Ave.,

Major Mackenize Dr. W. and Hwy. 27

Type: two-storey detached; four bedrooms; four bathrooms

Asking price: $1,350,000

Open house: Saturday, Nov. 10 and Sunday, Nov. 11, 2-4 p.m.

Listing agent: Andrew Ipekian, Keller Williams Referred Urban Realty, Brokerage, 416-572-1016; www.Ipekian.ca

Features: a 3,000 sq. ft. Mattamy-built newer designed home; walnut wide-plank hardwood floors throughout; upgraded chef’s kitchen with high-end stainless steel appliances; custom window coverings; modern spa-like bathrooms; great room with 20-ft. ceiling and gas fireplace; double car garage.

Location highlights: close to schools, parks, plazas, places to eat and groceries; near a golf club, McMichael Art Gallery and Hwy. 27.

CLARINGTON

Location: 3274 Concession 8 Rd.,

Mosport Rd. and Concession 8 Rd.

Type: two-storey detached; 3 bedrooms; 2 bathrooms

Asking price: $899,900

Open house: Sunday, Nov. 11, 2-4 p.m.

Listing agent: Deborah Glover, Coldwell Banker R.M.R. Real Estate, Brokerage, 905-655-0840; www.cbrmr.com

Features: on 88-acres of land with mature trees and rolling hills; property in the Oak Ridges Moraine; metal roof; hardwood floors throughout.

Location features: close to a ski hill and golf clubs; easy access to the Hwy. 407; less than a 15 minute drive to downtown Newcastle where’re there are stores and restaurants; about a 20 minute drive to downtown Bowmanville where there are more amenities.

Open House is compiled by freelance contributor Allison Harness, a Toronto-based real estate writer, from information that is publicly available. Please contact listing agent to confirm before attending. Send upcoming open house listings to soldhome@rogers.com.



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Affordability driving demand for condos in Toronto

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The Greater Toronto Area (GTA) saw higher sales and demand for condominium units due to increasingly affordable prices.

Data from RE/MAX revealed that the GTA accounted for nearly 37% of the total residential sales on the Toronto Real Estate Board (TREB). Market share for this segment has been tracking higher since 2013, when the transfer of condominiums covered 30% of total sales.

Seen as the only property segment that rose above the 2017 market correction, the average price of a condominium apartment hiked almost 8% to $551,761 between January and October 2018, up from $512,552 during the same period in the previous year. Townhomes prices were at $571,058, compared to $568,165 in 2017. Meanwhile, prices of freehold properties, including single-detached, semi-detached, attached/row/townhouse, and linked townhomes fell year-over-year.

Despite the rising values, these home types are well-received because most Canadians still found it affordable and a sound choice for investment.

On the other hand, it was pointed out that the increased demand for condo apartments and townhomes was driven by immigration, population growth, and lifestyle choices. 

“Aging infrastructure, combined with a lack of transportation alternatives, longer commute times and the environmental component — with efforts to reduce carbon footprint — have all played a role in buyers choosing condominiums in Toronto proper that are close to both work and play,” RE/MAX noted in a statement.

The most popular area for condominium sales was still the downtown core, with 21.9% sold in the area bordered by Bloor Street to the north, the Lakeshore to the south, the Don Valley Parkway to the east and just past Dovercourt Road in the west.

However, supply remained low, which pushes prices higher.

“Limited inventory continues to place substantial upward pressure on prices, with fewer affordable housing options available — and that includes condominium rentals,” said

Christopher Alexander, executive vice president and regional director at RE/MAX of the Ontario-Atlantic Canada Region.

As a result, buyers tend to avoid the higher prices in the core and turn to condominium communities farther afield instead.

Currently, almost 51% of condominium sales in the GTA are below the $500,000 price point, but it is worth noting that builders and developers are currently facing skyrocketing construction costs and a land crunch within the GTA.

 

Related stories:
Revival of investor immigrant program stirs academic discussion
BC enters $1B deal to provide affordable homes

 

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate




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App matches you with the perfect real estate professional

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Real estate matchmaking platform Mortgage Sandbox recently beta launched a free web-based app called Match Finder in the Vancouver market. The app was conceived as a way for buyers to connect with suitable professionals that can help them find their perfect home.

“The beta program is dedicated to gathering feedback from users so that we can improve the product while rewarding participating home buyers and real estate professionals with better working relationships at no cost,” said David Stroud, founder and CEO of Mortgage Sandbox.

Similar to an eHarmony questionnaire, Match Maker asks 10 simple questions to match home buyers with three trusted, pre-screened real estate agents and mortgage brokers. Users can then make their selection to start their home-buying process.

The app was envisioned to provide a better home buying experience for all parties involved. Match Maker is a secure, cloud-based application that also provides real-time interest rates and property forecasts. It has advanced home buying calculators and can be used on a laptop or a smartphone.

“The tools are part of Mortgage Sandbox’s ongoing commitment to build the most complete home buying advice platform on the market,” said Stroud.

Stroud emphasized that Mortgage Sandbox tapped into the real experiences of Canadian homebuyers and real estate professionals to properly address issues that are encountered when purchasing homes.

“We’ve designed an easy to use, data-driven, matching tool that connects you with local, pre-screened real estate professionals who share your interests, values, and have a complementary work style,” said Stroud.

“We believe aligned values lead to better working relationships and a more successful home buying experience.”

 

Related stories:
Revival of investor immigrant program stirs academic discussion
BC enters $1B deal to provide affordable homes

 

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate




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Headlines

App matches you with the perfect real estate professional

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Real estate matchmaking platform Mortgage Sandbox recently beta launched a free web-based app called Match Finder in the Vancouver market. The app was conceived as a way for buyers to connect with suitable professionals that can help them find their perfect home.

“The beta program is dedicated to gathering feedback from users so that we can improve the product while rewarding participating home buyers and real estate professionals with better working relationships at no cost,” said David Stroud, founder and CEO of Mortgage Sandbox.

Similar to an eHarmony questionnaire, Match Maker asks 10 simple questions to match home buyers with three trusted, pre-screened real estate agents and mortgage brokers. Users can then make their selection to start their home-buying process.

The app was envisioned to provide a better home buying experience for all parties involved. Match Maker is a secure, cloud-based application that also provides real-time interest rates and property forecasts. It has advanced home buying calculators and can be used on a laptop or a smartphone.

“The tools are part of Mortgage Sandbox’s ongoing commitment to build the most complete home buying advice platform on the market,” said Stroud.

Stroud emphasized that Mortgage Sandbox tapped into the real experiences of Canadian homebuyers and real estate professionals to properly address issues that are encountered when purchasing homes.

“We’ve designed an easy to use, data-driven, matching tool that connects you with local, pre-screened real estate professionals who share your interests, values, and have a complementary work style,” said Stroud.

“We believe aligned values lead to better working relationships and a more successful home buying experience.”

 

Related stories:
Revival of investor immigrant program stirs academic discussion
BC enters $1B deal to provide affordable homes

 

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate




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