Monthly Archives: September, 2015

Street Profile: Skylark Rd

September 30th, 2015 Posted by Street Profile No Comment yet

The Lambton Baby Point area is somewhat famous for large, expensive homes, but there’s a great pocket just north of Baby Point. The ’50s era development consists of winding streets of brick semi-detached homes right on the Humber River Valley, which – if you didn’t already know – is a fabulous part of Toronto’s natural heritage (e.g. a main route for the annual salmon run). At the same time, it’s close to Bloor St W for great shopping and eating, and the subway for easy access downtown.

In there is a street called Skylark Rd. It’s another street where I have sold more than one house. Ten years ago one could get a decent house (needing a bit of updating) for under $300k. These days, partly because of the generational change there and a wave of renovations, houses often sell for over $600k. It’s an exciting area, and still quite affordable.

My client Sandra put it perfectly: “This is a neighbourhood where the first generation of buyers bought young, raised families and stayed late into their lives. Over the last 10 years couples and young families have steadily replaced those older owners. That pace of turnover has really picked up in the last few years. Now our neighbourhood park is teaming with tons of young families. It’s an easy place to make friends and a safe place for kids to play. For us, the valley is a great neigbourhood for us to raise our family without going to the ‘burbs and Skylark (in our opinion) is one of its best streets.

We love that we’re only a five minute drive from the great stores and restaurants in Bloor West Village, and just a five minute walk from the Humber river with its great parks and trails. There’s also a grocery store literally just around the corner and three good schools within easy walking distance.”

Toronto is full of great pockets and hidden gems, and this is one of them. If you’re looking west end, but High Park is a bit out of reach, try Magwood Park instead! 😉


Team Odd Socks Ollie Blood Donors

September 11th, 2015 Posted by Uncategorized No Comment yet

This past summer my friends’ little boy, ‘Odd Socks’ Ollie, died from JMML, a form of childhood leukemia. In his honour, I have set up a Canadian Blood Services ‘Partners for Life’ blood donation team. If you have ever thought about donating blood, or have done so in the past and just need a reason to get back into it, please consider joining the team.

There’s a clinic at St Aidan’s Church (in the Beach, near my office) on September 25th, plus I organize regular blood drives at the Manulife Centre downtown. More info at our Facebook page.

As you can imagine, this is super important to me. Your support and participation would be appreciated, and very meaningful to thousands of Canadians, including little kids like Ollie, who need blood transfusions due to cancer, surgery, emergencies, etc. Visit to sign up now, and feel free to get in touch with me if you need any help.


Summer 2015 Market Review

September 9th, 2015 Posted by Uncategorized No Comment yet

In my June market review I noted that “July is shaping up to be busier than usual“. It already seemed to be the case in the first week of the month, and the rest of the month maintained that pace, once again setting a Toronto sales record. There were 9,880 sales reported to TREB, an 8% increase over July 2014. At the same time, the number of new listings edged down slightly from 15,081 to 14,699, a decrease of -2.5%. The overall number of available listings declined -14.7%, from 19,549 in July 2014 to just 16,673.

Strong sales activity amid declining supply, and a generally healthy GTA economy, combined to drive up the average sale price to $609,236, a 10.6% over last July ($550,625). TREB’S HPI was up by a slightly more modest 9.4%. Both numbers are significant.

Condo sales continued to surge in the 416 (Toronto), with volume up 13.4% over last July. The average price of $394,504 represented a very manageable increase of 4% year-over-year.

August continued the record-setting trend, with sales up 5.7%, to 7,998 (over 7,568 in August 2014). While new listings (12,628) were up 8.3% over last year (11,659), the number of total listings (15,997) was actually down 10.5% from last year (17,882) – which is not surprising given the level of sales activity that we’ve seen throughout the year.

Overall, the average price for the month was $602,607 – down a touch from the previous month, but up 10.4% over August 2014 ($546,482 ). This reflects the well-established intra-annual trends in the Toronto real estate market: surging spring market, sideways summer, followed by another surge in the fall.

Condo sales in the 416 for the month were up 10.1%, and the average sale price was $406,587, up 9.5% over last August. The condo segment is strong, and will stay that way for the foreseeable future.

Back to school typically marks the beginning of the fall market. There will be plenty of new listings hitting the market over the next couple of months, which is great for buyers. It’s also positive for sellers, and the overall increase in listings draws out more buyers. It’s an exciting time!