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Toronto Home Sales Surge 10%, Narrowing Affordable Options For Buyers

Thursday Jul 25th, 2019

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Toronto Real Estate

Toronto home sales jumped again in June, nudging prices higher and narrowing affordable options for buyers. A total of 8,860 homes changed hands in Canada's biggest city in the month, up 10% from the same month a year earlier, the Toronto Real Estate Board reported Thursday. New listings fell 0.4% to 15,816 leading to increased competition between buyers and price increases across certain segments. Benchmark prices, which adjusts for the type of housing sold, rose 3.6% to $798,500... [read more]

10 things to do & see at the Toronto Christmas Market

Thursday Dec 5th, 2019

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Toronto Real Estate

The Toronto Christmas Market is the most festive desintation in the city this time of year, and there's no shortage of entertaining things to do while you're there. Revel in all things Christmas at this holiday wonderland before it wraps up for the year on December 22nd. Here are some things to do and see at the Toronto Christmas Market. Marvel at the Christmas tree The Market's towering tree is up in all its 50-foot-tall glory. Stand in the shimmering shadow of this balsam... [read more]

What 50 Scollard Brings to Yorkville

Thursday Nov 8th, 2018

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Toronto Real Estate

The elegant 41-storey tower will be bursting with amenities for the 64 residences within. When you're located in the heart of Bloor-Yorkville, you're expected to do things with style. So for its luxurious new 50 Scollard project, Lanterra Developments decided it would take things up a notch - or a dozen. Already known for its landmark condo projects across Toronto's downtown, Lanterra worked with award-winning architecture, interior design and landscaping firms for the... [read more]

Sold Data Availability Causing Surge of Exclusive Listings

Thursday Jul 25th, 2019

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Toronto Real Estate

Nearly a year after the Toronto Real Estate Board lost its appeal to the federal Competition Bureau over the issue of sold data, it turns out its privacy concerns were valid. Sotheby's International Realty Canada's 2019 Mid-Year Real Estate Report revealed a 19% year-over-year sales delcine in the MLS listings of Toronto homes priced over $4-million, but it doesnt tell the whole story, says Don Kottick, Sotheby's president and CEO. "We're starting to see in the... [read more]

Mario Lemieux Selling Quebec Castle for Over $21 million

Saturday Sep 29th, 2018

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Yes, a castle. Hockey Hall of Famer and Pittsburgh Penguins owner Mario Lemieux has put his luxury home in Mont Tremblant, Quebec on the market for an asking price of $21,999,066. Said to be inspired by Quebec City's Chateau Frontenac, the 16,794-sf home has 50 different rooms, including eight bedrooms and nine bathrooms, on 5.25 acres of land. Some of the highlights of the property, known as Chateau Fleur de Lys, include: 17 fireplaces 9 bathrooms 8 bedrooms, all with a... [read more]

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All information regarding a property for sale, rental, taxes or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, change of price, rental, commission, proper sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer.The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own qualified advisor, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom. Each Engel & Völkers brokerage is independently owned and operated. Any use of the term "advisor" or "agent" shall be replaced with the term "Sales Associate" where required by local law. Engel & Völkers® and the Engel & Völkers Logo are registered service marks owned by Engel & Völkers Marken GmbH & Co. KG.

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