Condo Sales: Maple Leaf Square (Downtown Toronto)

This week, we're heading downtown for a closer look at The Residences of Maple Leaf Square near York St and Bremner Blvd.

Completed last year by Lanterra Developments and Cadillac Fairview, the twin towers of Maple Leaf Square offer residents easy indoor access to the TTC, Union Station and the PATH system, as well as a variety of shopping and dining facilities, all just an elevator ride away.  Building amenities include 24-hour concierge, fitness centre, indoor and outdoor pools, party room, movie theatre and business centre.

In the past 30 days, nine units were reported sold at Maple Leaf Square, from $349,900 for a 1+Den unit to $685,000 for a 2+Den suite.

In this time, 13 units were also reported leased in this building, ranging from $1,300/mo for a Studio/Bachelor suite to $2,600/mo for a 2+Den unit.

For more information on The Residences of Maple Leaf Square, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales: 500 Sherbourne (Toronto Downtown)

This week, we're heading downtown for a closer look at 500 Sherbourne (a.k.a. The 500 Condos + Lofts), a high-rise tower near Bloor/Sherbourne.

Completed last fall by Times Group, this popular building offers its residents a range of facilities, including 24-hour concierge, a fully-equipped fitness centre and rooftop terrace with BBQ station.  Its proximity to both Sherbourne and Wellesley subway stations makes this a convenient choice for public transit commuters.

In the past 90 days, 19 units were reported sold at 500 Sherbourne, from $324,500 for a 1+Den unit to $687,160 for a 2-BR loft of approximately 1,360 sq ft.

In this time, three units were also reported leased in this building, ranging from $1,550/mo for a 1+Den to $2,000/mo for a 2-BR unit.

For more information on 500 Sherbourne, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Condo Sales: Printing Factory Lofts (Downtown Toronto)

This week, we're heading downtown for a closer look at Printing Factory Lofts, a 9-storey low-rise condo building located in the heart of Leslieville's South Riverdale neighbourhood, near Queen and Carlaw.

Built by Beaverbrook Homes, this original loft conversion is the perfect example of old-meets-new, offering its residents the old-world charm of a historic building along with fresh, modern finishes.  Building amenities include a concierge, party room and visitor parking.

In the past 90 days, 7 units sold at Printing Factory Lofts, from $311,000 for a 1-BR loft of approximately 594 sq ft to $585,000 for a 2-BR loft of approximately 1,273 sq ft.

In this time, two units also leased in this building, ranging from $1,275 to $1,400/mo for a 1-BR unit.


For more information on Printing Factory Lofts, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Selling Your Condo While on Vacation?

Ever wondered whether it was possible to close a condo sale if you weren't physically here?  We recently came across the answer in this little gem by lawyer (and one of our favourite guest bloggers) Cesia Green.

In her post, she talks about the use of a Power of Attorney and how it can be helpful in your home sale in the event that something unexpected arises, and you aren't able to be here in person for the closing.

We think it's worth a read!

You can also view Cesia's previous posts on closing costs for sellers, closing costs for buyers and considerations for non-resident buyers and sellers.

Condo Sales: Chicago Residences (North York)

This week, we're heading uptown for a closer look at market values in North York's Chicago Residences by Menkes, located near Yonge and Finch.

Located at 35 Finch Avenue East, this condo was designed in the tradition of grand hotel inspired luxury.  This building offers its residents a range of amenities including a concierge, fitness centre and outdoor pool.

Situated near banks, grocery stores, restaurants, shops, schools and parks, residents of Chicago Residences have convenient access to neighbourhood amenities.  The building's close proximity to Finch subway station and major commute arteries also allows for ease of commute.

In the past 90 days, six units sold at Chicago, from about $344,000 for a 1+Den unit to $435,000 for a 2+Den suite.

In the same period, three units were leased, from $1,300 for a 1-BR unit to $1,550 for a 2-BR suite.

For more information on Chicago Residences, please click here.  To view other condo projects by Menkes, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.

Decorating Dilemmas in Rental Units

When it comes to condo rental units, one commonly asked question is whether a tenant can decorate the unit: what can and cannot be done.

If you're a landlord and you have concerns about your tenant making aesthetic changes in your rental unit, this can be addressed by writing specific limitations into the lease agreement.

Typical considerations may include:

• whether the mounting of televisions, artwork or other items is allowed in the unit, and how such changes should be dealt with when the tenant vacates (e.g. must be returned to its original state);
  
• whether the painting of walls is allowed in the unit, and how such changes should be dealt with when the tenant vacates (e.g. must be returned to its original colour);
  
• for furnished units, whether furniture can be moved around or removed from the unit.

Remember, it doesn't hurt to protect your interests but it's wise to be reasonable and fair in doing so.  Step into your tenant's shoes for a moment and ask yourself what your expectations would be if you were in their position.  You'd likely want to make your new home feel just that way - like your home, right?   Keep that in mind when negotiating the terms of your contract; you don't want to risk losing a good potential tenant over what may be a minor issue that can easily be addressed!

Condo Sales: Bayview Place (Richmond Hill)

This week, we're heading north to Richmond Hill for a closer look at Bayview Place condos, near Bayview and Hwy 7.

Located at 8501 Bayview Avenue, this condo is conveniently located near major commute arteries, as well as banks, grocery stores, restaurants, shops, schools and parks.  The building offers its residents a wide range of amenities including a fitness centre, outdoor pool, tennis/squash courts and guest suites.

In the past 60 days, six units sold at Bayview Place, from about $235,000 to $325,000 for 2+Den suites of approximately 1,200 to 1,400 sq ft.

For more information on Bayview Place condos, please click here.

If you’re a Realtor and would like to share similar stories, please contact us at info@livehigh.com to participate or be featured in a post.

Please note that units can vary greatly in features and finishes which would normally be considered in any purchase or sale. Any transactions outlined above are for general information purposes only and may not reflect those of typical suites. LiveHigh.com is not responsible for the accuracy of information provided or for any damages or loss resulting from the use of such information. For further information on these or other sales, please consult a real estate specialist.