RE/MAX Hallmark Realty Ltd., Brokerage | Direct: 416.508.9513 | Office 416.699.9292

NEWS

147 Maclean Ave – Gorgeous Beach Property Offered at $2,995,000

Oasis in the City – This beautiful home is a one-of-a-kind Arts and Crafts restoration. Fully finished, it features five bedrooms and four bathrooms over three floors plus a finished basement. There’s plenty of room inside for living and entertaining, as well as several unique outdoor spaces that offer private retreats from the city.

** Check out this awesome 3D interior tour! **

Originally built circa 1917, the home was purchased by the current owners in 2005. With the exception of just the dining room, which was purposely left as the only remaining historically vintage room, the house was taken back to the studs. All of the wiring (including the dining room) and plumbing was replaced, and the home restored using some recovered original woodwork (refinished and put back in place) blended with new, matching woodwork that expanded on the Arts and Crafts style.The restoration project included the addition of a small office on the main floor, plus a third floor/roof (2008) with 2+1 bedrooms and a fabulous, tree-top deck.

Starting at the foyer, every room has character woodwork. The entrance to the living room features oak colonnades, and a massive fireplace and built-in shelving fills the south wall. Nine foot ceilings add to the feeling of size and comfort. The large dining room, with an original built-in Arts and Crafts hutch along one wall, comfortably seats 8, and features an original sun room off the back.

The custom kitchen features hardwood cabinetry (3/4 inch solid quarter-sawn oak), marble counter tops, heated marble floors, and professional-grade appliances, including a Wolf stove and a built-in fridge. The office addition has a built-in desk and shelves, and a walk-out to a gorgeous, landscaped back yard. A cosy sitting area set between the kitchen and dining room features a wall mounted TV; a second oak colonnade provides access between the sitting area and the dining room.

On the second floor, the master bedroom includes an Ensuite bath with heated floors, separate his-and-hers closets, and a very private porch – perfect for a quiet morning cup of coffee. The large second bedroom has a walk-in closet with built-in shelving and a window seat with a great view. The main bath also has heated floors – and a laundry chute!

The third storey addition (8’6” ceilings) includes two bedrooms and a third room suitable for storage or conversion to a bathroom. (Pipes are roughed-in.) The deck off the rear bedroom/media loft puts you up amongst the treetops, and really has to be experienced… don’t miss it!

The basement features: a media room with a built-in entertainment unit and a gas convective heat fireplace; an exercise room; a large bathroom (2017), a laundry room, storage; and a recently completed solid oak liquor/wine cabinet with a seating area. Large, south-facing windows allow for lots of natural light, and there’s a separate side entrance offering nanny suite potential.

The custom landscaped backyard features a garden pool and a raised ‘outdoor kitchen’ with a built-in BBQ, stone counter top, sink, a fridge and seating for 8 under a cedar trellis. It’s very private, which is great for relaxing with the family or entertaining guests. With the beach and boardwalk just a few minutes walk down the street, plus nearby parks and ravines, this home doubles as a cottage in the city!

Generous spacing between homes on the street allows for a private drive. At the back of the lot sits a rare detached, double garage with a 10 foot ceiling and parking for one car; the other side is converted to a workshop.

The front of the home has a classic, Beachy front porch – the perfect spot for watching the sunset down well-treed Crown Park Rd and chatting to the neighbours over a glass of wine. The mature front garden with large oaks, flowering shrubs, natural stone walls and flagstone gives the home fantastic curb appeal.

Other features and improvements include:

  • Water supply
  • Drains
  • Wiring (200 AMP panel in 2005)
  • Plumbing
  • Natural gas boiler (2013)
  • Pool heater w/efficient heat pump (2017)
  • Power to the garage
  • Power to the back shed
  • Aluminium shingles (2008)
  • Rebuilt chimney
  • Double brick main floor and plastered frame for second and third
  • Built in cabinets in kitchen, living room, dining room, third floor and basement are all 3/4 inch solid quarter sawn oak
  • Double closets off of entrance hall
  • Upgraded windows maintain the character of the home
  • 5″ solid quarter sawn oak floors in living and dining room, with front hall and hallway as tile/ same wood (2012)
  • Lots of storage both inside and outside (shed, garage, under sun room)

This fabulous house is on the TorontoMLS (MLS #E38783620). Contact me directly for more info, and/or to arrange your private viewing.

Market Review – June 2017

The Toronto Real Estate market continued to moderate in June. The first point to note is that the average sale price was up 6.3% over June, 2016. Somehow, TREB’s HPI was up 25.3%, which may indicate that the unweighted average was brought down by a higher proportion of sales at the lower end of the market (e.g. condos: in June 2016 about 24% of sales were condos; last month is was closer to 30%). Over the last 12 months, the average price of a detached house was up about 10.2%, and the average price of a condo was up about 23%.

Of course, the louder news is that prices are down from earlier in the year. That’s no surprise, given the severity of the price spike in the first quarter – and, again, it’s a good thing. The market cannot sustain price increases in the 20-30% range. A bit of a pull-back was in order. As for the causes, who knows? Some speculate that it’s because of the 15% foreign buyers tax. Foreign buyers were such a small part of the market (maybe in the range of 5%…?) that it’s hard to say if enough of them have backed out of the market to have a measurable impact. Maybe it’s just buyers taking stock and getting the new lay of the land before proceeding. Or, maybe it’s just the usual spring surge in listings taking the pressure off price escalation. Either way, the market has been unsettled for a few months.

Still, it has been good for buyers – although fewer buyers took advantage of these more favourable conditions. The number of sales was down 37.3% from 2016, to just 7974 (and keep in mind that year-over-year the average sale price was up 6.3%). Those buyers had greater selection: the number of new listings was up 15.9% and the total number of available listings at the end of the month (19,680) was up 59.6%. For reference, the number of available listings in June 2007 was 21,789 – and that was down from 25,393 the year before! The current supply is up over last year, but we are still well below historical supply levels.

The market is not “correcting” in the sense that prices are going to go down below previous years. It’s leveling out. *BUT* these conditions won’t last. The Canadian economy is strong, and job creation is at its quickest pace since 2010. With interest rates set to rise, buyers will want to move quickly to make a purchase and secure as low an interest rate as possible. That’s going to fuel a surge in buying. What that will do to prices remains to be seen. Getting back to 5-10% annual increases would be great – healthy, great for investing, but also sustainable.

I think that sellers should hedge their bets and try to sell into this summer market. Things are going to pick up soon, and you don’t want to miss your buyer. Sure, prices may firm up through the second half of the year, but we’ve seen the top prices for 2017 already. Whatever we see for the rest of this year will be up from last year, but probably not by much. And buyers really should get out there and make their purchase ASAP. Whatever prices do, I doubt that the selection will get much better than it is now. The best time to buy is when nobody else is (or few others are) buying – that’s when you can make your best purchase. Lock in a great rate before they start rising.

The bottom line is: don’t miss your chance!

1415-1369 Bloor St W offered at $399,900 **SOLD!!**

Are you looking for a great west-end condo?* Number 1369 Bloor St W is a fantastic building, just a block from Lansdowne subway station, and my great new listing in there could be the one for you! 😉

Coming in at just under 600 square feet (generous by Toronto standards!), the layout is open concept, so it’s airy and bright. The kitchen features granite counters, a breakfast bar, custom back splash and black appliances. The flooring is a type of engineered wood with that ‘finger-scraped’ pattern, which gives it a nice texture. There’s a walk-out from the living room to a great little balcony – perfect for enjoying the morning with a cup/pot of coffee, or a summer evening with a glass of whatever suits you!

On that note, just around the corner and down Sterling Rd is the Henderson Brewing Company – and beside that, the new Drake Commissary. There’s a Loblaws nearby, and an LCBO… honestly – what more do ya need? Whatever it is, you’ll find it along Bloor St W.

Unit 1415 offers a gorgeous, east-facing view of the city. Off to the south is the downtown core – which is walk-able, if you have 45 minutes or so…. The building has great amenities: a theatre, gym, sauna, party/meeting room, an outdoor pool and a fully fenced dog run! Not many buildings offer one of those….

 

This one comes with an underground parking spot, a locker and Ensuite laundry. It’s the complete package! We are on the MLS now and plan to market the property for one week before looking at offers. However, we are keeping our options open in case something irresistible comes along before that. If you are in the market, don’t delay. The condo segment remains strong, and we have a competitive price on this one. Two of my recent listings got multiple ‘bully’ offers, and I won’t be surprised if that happens here, too.

More pics here. 🙂

* After less than 48 hours on the MLS we received a strong ‘pre-emptive’ (AKA ‘bully’) offer and sold this great little place. That’s the real market these days – still very active and competitive for listings in certain price ranges. It’s a great time to buy and sell in this market!

 

 

SIMON MILBERRY

About

Buying and selling a home can be tough, especially in today’s challenging market.  But, it can also be fun – an exhilarating adventure. I understand both the joys and heartaches of finding (and getting) that perfect home. As a homeowner with a young family, I’ve been there and done that. I also have the professional know-how that years of working in the Toronto real estate market has developed.

Over the years (since 2001), I have represented clients in the purchase and sale of condos, starter homes, move-up houses, luxury homes and small businesses. (Although Commercial real estate is not my core business, I am usually working with one or two Commercial clients.) My knowledge and experience make the difference for my clients.

My clients are my focus, but a Realtor can’t get much done if he doesn’t develop strong professional and personal relationships within the industry. In today’s market, characterized as it is by very tight supply, I find that one of the most important aspects of my business is networking with other Realtors. I am constantly digging for opportunities for my clients. This results in off-MLS transactions that serve the needs of both the buyer and seller.

As a father of 3 boys and 1 little girl, I take a family-friendly approach to my business dealings. That means flexible appointments and easy scheduling; feel free to bring the kids! I endeavor to make the whole process as smooth and stress-free as possible.

Ultimately, the objective is to enhance your life by finding you a new home that suits your needs of today and into the future; and selling your existing asset for the most money and with the best terms possible. Together, we’ll develop and execute the right strategy for you and your specific needs.

Much of my business comes to me by referral, so I’m not limited to any geographical area.  My focus is on meeting the needs of my clients, wherever they may be. Call me today, and let’s get to work on your real estate goals.

Community

RE/MAX Hallmark is a big believer in giving back to the communities we serve, and I am happy to participate in three of our most important programs.

Every time I do a transaction – buy, sell or lease – I make a direct donation to theChildren’s Miracle Network. RE/MAX agents are leading donors to the CMN, having raised $52 million dollars in Canada alone since 1992. When you do your real estate business with me, we contribute to that growing total.

We do the same for the Canadian Breast Cancer Foundation. Again, RE/MAX is a major sponsor of the CBCF, and makes it easy for us to contribute directly to the important work they do. A portion of every commission I make goes directly to the CBCF.

I also make a monthly donation to the breakfast program operated by the Toronto Foundation for Student Success. We all know how important a good brekky is – and how many kids wouldn’t get one if it weren’t for programs like the TFSS. With four kids of my own, this one is close to my heart.

You need an experienced, full-time professional Realtor – that’s key to a successful real estate transaction. However, I want you to know that, not only am I going to take care ofyou, but together we’ll help take care of others!

RE/MAX Hallmark Stats

0 +
HALLMARK OFFICES
0 +
HALLMARK AGENTS
0 +
TRANSACTIONS / YEAR

MORE SERVICES

MARKET EVALUATION

free market evaluation

HOME STAGING

free consultation

MARKET UPDATES

free market updates

HOME EVALUATION

the value of your home

FEATURED LISTINGS

$2,995,000

  • 5+1
  • 4
147 MACLEAN Avenue Toronto Ontario M4E3A5
This Luxury Beach Reno Has It All! Lovingly Restored With Attention To Original Arts&Crafts Details, This Home Features Superb Finishes: High-End Custom Kitchen W/Heated Floors, Wolf Stove, Solid Wood Cabinets, Breakfast Bar, Desk & Lounge Area; Luxury Baths W/Heated Floors; Hardwood Floors/Built-Ins/Trim Throughout, Impressive Principal Fireplace, Light-Filled Basement (Nanny Suite Potential) - R... Read More

$1,099,000

  • 5+1
  • 5
19 O'CONNOR Drive Toronto Ontario M4K2K3
""Location Location"" Broadview And O'connor. Mins To Downtown, Dvp, Gardiner, Ttc. Huge 2 Storey Detached Home 30.5X149.5 Lot. Detached 1.5 Car Garage In Private Driveway. Big Backyard. This Home Is Great For Renovators Or Home Buyers Alike. Basement Has 2 Separate Entrances. Loads Of Parking, 6 Cars, With Private Drive. Close To Schools. House Is ""As Is Where Is"". No Warranties Or Representati... Read More

$1,389,888

  • 3+1
  • 4
24 EAST YORK Avenue Toronto Ontario M4K3Z9
Beautiful Executive 3+1Freehold Move In Ready. Rare To Find Pwd Room On Main Fl. Finished Basement With Laudry Rm, Washroom And Living Space. Walk Out To Extended Deck From Living Room With Patio Furn And Heat Lamps Incl. 2 Brs On Second Level Wtih 4 Piece Wash. 3rd Fl Master Suite With 3 Piece Washroom And Small Den And Walk Up To Large Attic Closet. Built In Closets Throughout The Home. Complete... Read More

$1,768,000

  • 3+2
  • 4
23 GOUGH Avenue Toronto Ontario M4K3N6
Style And Substance, A Rare Detached Home In Prime Riverdale Makes The Perfect Family Home. A Massive Chef's Kitchen Walks Out To A Garden Paradise, Separate Self Contained Studio, Over 2,250Sf Above Grade: Three Plus Two Bedrooms, Four Bathrooms And Open Main Floor. Modern Design Throughout Matched Only By Quality Workmanship & Engineering Behind The Walls. Exclusive Street Permit Parking. The Co... Read More

FOR BUYERS

Financing

Homes come in every size, style and price range. Knowing what you can afford at the beginning of your search saves you time and disappointment later on… Read More

The Offer

You’ve found that perfect house! What do you do now? Your Sales Representative will prepare an Agreement of Purchase and Sale, including any custom clauses you may require. Most Buyers will make an offer provided certain conditions are met… Read More

Pre-Approval

It is important to be qualified or pre-approved for financing before you start looking for a home. This lets you and your agent know what you can afford as well as providing a written confirmation or certificate for a fixed interest rate good for a specific period of time… Read More

Home Inspection

This condition provides an opportunity to have the property inspected by a qualified person who will look for any major defects in the building prior to your entering into a firm agreement. Many Buyers choose to have a termite inspection done as well… Read More

Subscribe to Market Updates

FOR SELLERS

Experience

One of the most important decisions you will make when selling it is who will assist you. You should put the sale in the hands of an experienced agent who will produce results for you and provide a premier customer experience… Read More

Advice

RE/MAX agents are trusted advisors who are committed to you and possess the knowledge and experience to help you navigate today’s complex real estate market… Read More

Marketing

RE/MAX is the most recognized name in real estate in Canada. From the RE/MAX for sale sign to remax.ca, brokerage websites and personal agent websites, the RE/MAX brand attracts attention to your home. When homebuyers see that sign on your lawn, they understand that you’re working with a market leader… Read More

Results

Purchase offers on your home may be complicated and might contain special clauses. Price is not the only consideration. Your RE/MAX agent will help you understand and evaluate offers and work hard to get you the best terms possible… Read More

CLIENT TESTIMONIALS

CONTACT

Simon Milberry, Sales Representative at RE/MAX Hallmark Realty Ltd., Brokerage

Address

2237 QUEEN STREET EAST
TORONTO, Ontario M4E1G1

Phone

Business: 416.699.9292
Fax: 416.699.8576
Mobile: 416.508.9513

 

Name*

Email*

Subject*

Message*

Information is deemed to be reliable but not guaranteed. Not intended to solicit sellers or buyers currently under contract with a Brokerage.