The Keeley is a condominium residence defined by refreshingly contemporary architecture, open spaces and the pleasure of your own Parkyard – Downsview Park in your front yard and a network of ravines in the back. And bringing that welcome touch of community home to The Keeley – an open-air courtyard providing a friendly space for neighbours to come together and a socially-minded lobby-lounge for indoor gathering. Plus with quick and easy transit options nearby, you’ll enjoy all the perks of urban living without the downtown crush.
Address: 3100 Keele St, Toronto, ON
Nearest Intersection: Keele & Sheppard
Pricing: From The $420's
Occupancy: Anticipated For 2022
Storeys/Suites: 12 Storeys / 300 Suites
Suite Types: One Bedroom – Three Bedroom Suites
Suite Sizes: 454-1236 Sq.ft
Reasons to Buy
It's home to Canada's Largest Urban Park which is over 572 acres of land and which offers trails, greenery as well as various activities including soccer, baseball, football, rock-climbing, go-karting, Downsview Park Merchants Market, Toronto Wildlife Centre, Festival Terrace, Scotiabank Pond Arena,
The Toronto School of Circus Arts, Volleyball Canada, The Hoop Dome & Much More. Location: You're just minutes to everything you need. From Yorkdale Mall, Humber River Hospital; Wilson Subway Station, Downsview Park Subway & GO Station; Highways 401, 400 & 427 - the entire GTA is so
You're down the street from Canada's Third Largest University - York, which is home to over 53,000 students. If that's not enough the University has TWO Subway Stops on campus
Redevelopment: The area is poised for major redevelopment as it is home to some of the largest under-developed land in the city. The major one being Downsview Airport which is 375 acres currently being offered for sale for future mixed used development. This will easily be one of the largest redevelopment sites in the nation and you have an opportunity to purchase in the area before and at pricing which will not be available to you in the future.
To give you a magnitude on the size potential -- Canary Wharf in England is only 97 acres but has a working population of 120,000 people in 37 commercial buildings with over 300 restaurants. This future development land is well over 3.5 times the size. Why this is important - well The Keeley allows you to get before this happensat pricing that will not be offered in the future.
For the vast majority of homebuyers, a mortgage is an essential part of the purchasing process, and your choices now will impact your finances for years to come. To help make the most of your real estate investment, gain a deeper understanding of mortgages so you can make an informed decision when the time comes.
Check Your Credit Rating
Before you apply for a mortgage, be proactive and get a copy of your credit report. Once you have it, thoroughly check for errors and other items which may need to be addressed. Since your ability to get a lower mortgage rate largely depends on the information contained in your credit report, it’s important to ensure that all the information is correct.
Prepare the necessary documents in advance. This will save you time and ensure a smooth application process. Depending on the type of mortgage you’re applying for and your employment situation, various documents may be necessary.
Get the Stamp of Pre-Approval
Getting pre-approved for a mortgage helps you understand how much you can borrow before going through the mortgage application process. This is an important step as it will influence your decision on the upper price limit of your house purchase, and will provide some realistic boundaries before diving head first into the process.
Consider the Future
Your mortgage should be planned in accordance with your future. Your plans may change, but the end goal should always be to reduce financial risks. Think about how long you’re planning on staying in the house, whether or not you should consider saving for a larger down payment, and how much of a risk you are willing to take.
It’s important to be well informed prior to applying for a mortgage. Understanding the options and procedures involved with buying real estate will be hugely beneficial to your plans and finances. See below for a better understanding of the different mortgage types.
- Conventional Mortgage: If you have 20% or more as a down payment on the property, your bank lender will offer you a conventional mortgage.
- High Ratio Mortgage: This type of mortgage will allow you to borrow more than 80% of the property’s purchase price. Keep in mind that with this option, you will also have to pay mortgage loan default insurance.
- Vendor Take-Back Mortgage: While this is not the most common type of mortgage, it means that the seller helps the buyer purchase the property using a portion of the purchase price. This type of mortgage is more common when interest rates are higher.
- Assumable Mortgage: This type of mortgage allows the buyer to take over the same monthly payments at the same interest rate the seller was paying until the term is completed. At that point, the buyer will need to qualify for a new mortgage.
- Blanket Mortgage: This type of mortgage is restricted to housing co-ops in most cases, and occasionally condos. With this type of mortgage, the owners of the units will pay their own portion of the mortgage either by qualifying for a portion of the blanket mortgage, or by obtaining their own mortgage.
- Portable Mortgage: A portable mortgage allows you to transfer the mortgage from one property to another without penalty
Being well informed and educated on the mortgage application process is important when it comes time for you to apply. Understanding your options will be greatly beneficial seeing as this is one of the most important steps in your home buying journey. If you have questions about applying for your mortgage, or the different options available to you, make sure you reach out to your RE/MAX agent who will be able to help.
~ Tips for moving with kids ~
Let’s face it, moving is hard for everyone. Big moves bring up all sorts of feelings, from stress to uncertainty, and excitement. Luckily, there are a few actions you can take before the big day to make moving with kids easier on them – and you.
Little People, Big Dreams
Whether you’re hoping to stay in the same neighbourhood or move right across the country, inviting your kids into the house-selection process from the get-go can help. Ask them what they’d like in a new home and see if you can reach a consensus — a bigger back yard would be a win for everyone!
Real Estate Stakeholders
If your kids are old enough look at prospective homes with you, why not bring them along? Hearing their opinion on a property makes them feel involved and listened to. They may even think of something that you didn’t, like how the proximity to the baseball field is a major selling point for your little Major League hopeful.
Making a memory book filled with photos and doodads of the good times shared in your old home can help your kids find closure while still having something of the house to literally hold onto. Get friends and neighbours to sign the book along with their email addresses so everyone can keep in touch.
Before moving day arrives on the calendar, pencil in a farewell tour of all their favourite neighbourhood spots. Be warned: Seeing and saying goodbye to landmarks on your street may bring up all the feels…and not just theirs. Leaving a beloved home is hard but remind them (and yourself) that those precious memories go with them no matter where they are.
Having a chance to say a proper goodbye to the people that have been a big part of their lives — neighbours, babysitters and coaches — is an important part of the emotional process of moving. Throw a casual potluck and share some stories over a plate of samosas.
(And when you get into your new digs, get out there and introduce yourself to new neighbours toute suite.)
Packing up the kids’ rooms has the potential to be a less-than-peaceful process. Inject some fun into the functionality by getting them to create their own “Treasure Chest.” Pull out a packing box they can decorate with special markers and stickers and then fill with their favourite objects to keep close to them on the journey.
Interior Design Team
Sometimes it may feel like the adults are making all the decisions (we are, sorry) and things are out of control. Getting the kids involved in picking out new furnishing and bedding for their room allows them to feel a sense of ownership of the new space. (Plus, that Star Wars duvet cover is super cool no matter how old you are.)
Uprooting can be hard on the littlest member of the family but having a handle on what can help will make that move go smoothly and you’ll all be settled in in no time.
Soak up the magnificence of the Bayview Village while living in the chic luxury boutique condos strategically located in North York.
Bayview at the Village is the project is being developed by Canderel Residential.The project’s location is well-thought-out to make life easier for the residents. 625 Sheppard Avenue East in Toronto is a prime location at the major intersection of Bayview Avenue & Sheppard Avenue East, from this location, one can travel to any part of the city as well as to other cities.
!! Starting from Mid $400's !!
Just steps from one of Toronto’s most prestigious shopping emporiums, and Bayview and Bessarion subway stations. Bayview at The Village condominium is exquisitely designed by Canderel for those who recognize that beauty, quality and craftsmanship live in the details.
- Amazing location – located in prime Bayview Village
- 9 ft smooth ceiliing throughout
- Large terrace suites available
- 94% of units with balconies
- Steps to Bayview Village Shopping Centre
- 3 mins walk to Bayview Subway Station
- 4 mins walk to Bessarion Subway Station
- 3 mins to highway 401
- 5 mins to DVP and 404
- 15 mins ride to Union Station
- Located within top school boundaries
- Steps to North York General Hospital
- Walk Score of 82 out of 100. The Transit Score is 70 out of 100
- Nearby parks include Rean Park, Bessarion Parkette and Hawksbury Park
Studios Starting From the Mid $400's
1 Bedroom Starting From the High $500's
1 Bedroom plus Den Starting From the Mid $600's
2 Bedrooms Starting From the High $700's
2 Bedrooms plus Den/Study Starting From the Low $900's
3 Bedrooms Starting From the High $900's
Urban Towns Starting From the $1 Millions
Limited Time Deposit Structure
$5,000 on Signing (Must be Bank Draft)
Balance to 5% in 30 Days
2.5% in 90 Days
2.5% in 120 Days
5% in 370 Days
5% on Occupancy
International Deposit Structure
$10,000 on Signing
Balance to 5% in 30 Days
5% in 90 Days
10% in 180 Days
10% in 540 Days
5% on Occupancy
!! Starting from Mid $400's !!
Floor Plans & Price List
& M .
Joy Station Condos is a new condo and townhouse project by Liberty Development Corporation and is currently in pre-construction. . The new project will be located at 9781 Markham Road in Markham. The major intersection is Markham Road & Bur Oak Avenue.
Joy Station Condos will stand 22 storeys tall and with 536 mixed condo units that range from 1, 2 to 3 bedroom layout.
!! Starting from Mid $400's !!
Situated near Bur Oak Ave & Markham Rd and located at Mt. Joy GO station, Markham, Ontario residents will enjoy easy accessibility to everyday amenities, nation-wide retailers, transit, and more.
- High demand area in Markham
- Walking distance to the Mount Joy GO Station & TTC
- Walking distance to Wismer Park, Bur Oak Park, Schools and Recreations
- 9 minutes drive to the Markville Shopping Centre
- 8 minutes to Markham Stouffville Hospital
- 12 minutes drive to Unionville Main Street
- Close to shops & restaurants
- Many nearby public transportation options
- 10 minutes to Hwy407
- Tentative Occupancy - November, 2024
!! Starting from Mid $400's !!
Floor Plans and M .
Standing opposite Lake Ontario, Quay House will lead the next wave of the east end's development evolution with striking exterior design and stylish home interiors. Quay House will stand 21 storeys tall and will feature 463 units that range from Studio to 3 bedroom.
-Located in the Waterfront Communities-The Island neighbourhood in Toronto
-Walkscore of 92/100: walkable EVERYWHERE
-Transit score of 100/100: World class public transportation
-Walking distance to Union Station
-Close to Billy Bishop Airport and The Financial District
-8 minute walk to St. Lawrence Market and Toronto Island Ferry Terminal
-Steps from Lake Ontario and Sugar Beach
-Easy access to the Gardiner Express
-12 minutes away from University of Toronto St George Campus
-7 minutes away from Ryerson University
-7 minutes away from Toronto Eaton Centre
-Close to shops, restaurants and entertainment
Residents of The Gloucester are afforded the utmost convenience in transportation, thanks to a direct underground path from your lobby to the Wellesley subway station. Proud to be the First condo in Canada to have bacteria and virus mitigation technology (Concord BioSpace).
!! Starting from High $400's !!
Gloucester on Yonge will be a premier development located at the intersection of Yonge and Wellesley. This perfect downtown locale offers an almost perfect Walk Score with some of the city's premier lifestyle amenities accessible on foot. Young professionals and students alike will love living here with post-secondary institutions and major employment hubs conveniently located just mere minutes away
The Gloucester on Yonge Condos Highlights:
- Located in the heart of Downtown Toronto
- Direct subway connection (in-building access to station)
- First condo in Canada to have bacteria and virus mitigation technology (Concord BioSpace)
- Rare combination of downtown Yonge Street & park front living
- Perfect Walk Score 100 out of 100.
- Prefect Transit Score 100 of 100
- Minutes from Bloor Street
- Steps from Yorkville neighbourhood
- 10 mins walk to Ryerson University
- 6 mins walk to UofT
- Close to Eaton Centre & Toronto’s Financial District
Studio/Jr. 1 Bed Starting From the High $400's
1 Bed Starting From the Low $600's
1 Bed plus Study/Den Starting From the Low $700's
1 Bed plus Den (2 Baths) Starting From the Low $800's
2 Bed/2 Bed plus Study Starting From the High $800's
2 Bed plus Study/Den/Library (2 Baths) Starting From the $1 Millions
3 Beds Starting From the $1.3 Millions
Est Occupancy: Early 2022
Limited Time Deposit Structure (25% total)
5% on Signing
5% in 60 Days
5% in 180 Days
10% on Interim Closing
International Deposit Structure (35% total)
10% on Signing
10% in 120 Days
15% on Interim Closing
Parking: $120,000 (available for 2 bedroom / 3 bedroom units over 700Sqft)
Locker: $12,000 (limited availability)
!! Starting from High $400's !!
Floor Plans & Price List
& M .
Eight is Home to The Next Generation of Toronto’s Elite.
Welcome to 8 Wellesley, a lifestyle directly on Yonge Street and close to everything that matters. Yorkville, U of T, Ryerson, the Eaton Centre, Financial District, Discovery District, Yonge-Dundas Square. A home just steps to the subway, taking you everywhere you want to go.
With an Exceptional Location at Yonge, 8 Wellesley is an Instant Emblem of Power and Style.
At the corner of Yonge and Wellesley, close to World Class shopping, world-class universities, world-renowned business centres, and on a street recognized the world over, 8 Wellesley is the perfect choice for students and professionals who share a desire to live in the city's most sought-after spot.
8 Wellesley Condos Residences will be 55 storey tower with 512 mixed condo units. A fully zoned project with a total of 512 meticulously designed suites ranging from 323 sq.ft up-to 828 sq.ft with a choice of studios, 1 bedrooms, 1 bedrooms plus den, 2 bedrooms, 2 bedrooms plus den and 3 bedrooms. 8 Wellesley Condos is the perfect choice for post-secondary students looking for off-campus accommodations during the school year.
$10,000 on Signing (Bank Draft Mandatory)
Balance to 5.0% in 30 days
2.5% in 90 days
2.5% in 180 days
2.5% on Feb 20,2022
2.5% on Aug 20,2022
5.0% on Jun 20,2023
Please ask Paul Voong for details
Cell: 416.819.3322 Email: PaulVoong@Remax.net
CAPPED DEVELOPMENT CHARGES & LEVIES
Capped at $12,000 for 1 Bedroom +Den
Capped at $17,000 for 2 Bedrooms and larger
ONE TIME FREE ASSIGNMENT
Assignment fee is $5,000
The Developer waives this fee.
It’s expected that the majority of Canadian housing markets will sit in seller’s market territory in 2021. This is great news if you already own a home and are considering selling it. On the other hand, those who have their sights set on buying their first home this year will face some challenges. How do you buy a home in a seller’s market? Here’s everything you need to know.
Seller’s markets expected to dominate Canadian real estate in 2021
In our annual Housing Market Outlook Report, in which RE/MAX analyzes Canadian real estate trends from the past 12 months and forecasts activity for the upcoming year, RE/MAX determined that 32 of the total 39 Canadian housing markets examined are seller’s markets. Only five markets were identified as being in balanced territory, and just two markets – West Vancouver, BC and St. John’s, Newfoundland – are buyer’s markets.
This means the majority of Canadian homebuyers in 2021 who plan to purchase in any of these cities will likely be up against limited housing supply, lots of competition, and the same question on their lips: how do you buy a home in a seller’s market, with the cards stacked against you?
There are some definitely some buying strategies to employ, but before we get into the nitty-gritty of that, let’s define seller’s market conditions.
What is a seller’s market, anyway?
In a seller’s market, there are more buyers than there are homes for sale. With fewer listings to choose from and more competition, homes typically sell quickly, often seeing multiple offers or even bidding wars, and selling over asking price. In a seller’s market, the seller has the upper hand. This is not the time to test your low-ball offer skills.
In a buyer’s market, there are more homes for sale than there are buyers. Since there is less competition, buyers can take their time shopping the market and have more negotiating power. The price of homes listed for sale can be stable or falling.
In a balanced market, there is an equal number of buyers and sellers, resulting in reasonable offers and average days on market. Less tension between buyers and sellers results in stable home prices.
How do you buy a home in a seller’s market?
BE INFORMED. Having a handle on market conditions is a key first step in a successful transaction. This is the case regardless of market conditions, but especially if you’re trying to buy a home in a seller’s market. Remember, real estate is very local, so what is happening in one neighbourhood may not be the case in another. Here’s where it helps to tap into a professional, experienced real estate agent.
KNOW YOUR BUDGET. How much can you afford to spend on a home? This is different from a mortgage pre-approval. Take into consideration your lifestyle, and what sacrifices you’re willing to make. If you’re planning to buy more home, you might have to curb your spending elsewhere. If you won’t be making any lifestyle changes in interest of home ownership, you may have to lower your home-buying budget or make some other concessions, such as the size of the home or the neighbourhood.
TIP: Get pre-approved for a mortgage. This gives you an idea of how much a lender is willing to finance, and how much you can spend. A pre-approval also locks in the current interest rate for up to 120 days, so you can shop with the peace of mind that you’re insulated from rate hikes in the near future. If the rate drops, your lender should honour the new lower mortgage rate when you’re ready to make your purchase.
BE PREPARED TO ACT FAST. If you’re hoping to buy a home in a seller’s market, you’ll need to take quick and decisive action when you find a property that interest you. This is where all your prep work (see above!) will pay off.
MAKE A STRONG OFFER. In a seller’s market, you may only get one chance – and it’s not always about the money. A real estate transaction can be complicated with a lot of moving parts. With all other things being equal between your offer and someone else’s, one that’s tailored to the seller’s needs (such as a short or long closing) can tip the scales in your favour. Aside from conceding to the seller’s wishes, an offer in a seller’s market should have as few conditions as possible.
A conditional offer means that certain terms must be met in order for the offer to be valid. Some common conditions include:
- Conditional on financing: This is a common condition for first-time homebuyers, which requires the mortgage lender to sign-off before the deal can go through. The buyer has a few days to get this, and the process will include a home appraisal. If the lender does not agree to finance the property, the buyer will notify the seller and the offer becomes null and void.
- Conditional on home inspection: A home is the biggest purchase most people make in their lifetime, so a satisfactory home inspection is generally recommended. This ensures the house is in good condition before the deal can go through. If it isn’t up to par, the buyer to return to the seller and request repairs, a reduction in the price, or can rescind the offer entirely.
- Conditional on the sale of a home: If a prospective homebuyer already owns a home, he or she may want to ensure that it is sold before agreeing to purchase a new property.
Offer conditions aren’t ideal for the seller, as each one has a potential domino effect. But buyer beware! You may be tempted to remove the “conditional on financing” or home inspection condition in an effort to beat the competition. For your own protection, we recommend keeping these as part of your offer.
BE PREPARED TO PIVOT. You’re likely already accustomed to this as a key 2020 survival strategy. And if you’re hoping to buy a home in a seller’s market, you’ll need to keep it up. As we all know, market conditions can change on a dime. Have a back-up plan in place, in case you need to delay the purchase – or need to jump on an opportunity sooner than expected!
WORK WITH A PRO. Homebuyers always have the option to handle their transaction on their own, or to work with a professional real estate agent. Working with an experienced agent can ease much of the stress associated with finding and buying a home in seller’s market. Some advantages include:
- better access to homes in and out of the local market.
- knowledge of neighbourhoods and market conditions.
- negotiating skills (not usually a factor in a seller’s market, but good to have in your back pocket!)
- they handle the paperwork – enough said.
- guidance and support in the biggest buying decision of your life.
HAVE THICK SKIN. Last but not least, don’t take rejection personally. Instead, learn from the experience and keep trying. Homebuyers who have been living in persistent seller’s markets know the pain of rejected offers and being “beat” by another buyer. Working with the right real estate agent helps buyers see new listings as soon as they hit the market, so you can jump on “the one” when you find it.