events

LAUNCHED! Transit City - CentreCore Developments

I had the pleasure in attending the broker preview launch of Transit City by CentreCore Developments on Tuesday May 23rd, 2017. Watch the video below for my full experience!

The line up was out the door and down the street AND around the corner. A madhouse. But for all good reasons. CentreCore Developments is changing the game once again. With the expansion of the TTC up into Vaughan; CentreCore sees the opportunity to redesign Vaughan.  

Much like New Downtown Markham has become; Vaughan is next. Amenities around the corner, 407, 404, VIVA and the future TTC subway system. If you're looking for the next big investment in condos, look no further. 

CentreCore Developments is offering plenty of incentives for buyers. One being ability to Assign your agreement once 95% of the phase is sold. Amazing pay structure as well.

Many of you may shy away from condo developments or condos in general. My advice, get in first. Yes, it all sounds very "SALES-Y" but it's the truth. Paying builder prices in Phase 1 has been proven time and time again to be cost efficient. Don't get me wrong, land will forever be KING. However, if you're looking for a safe investment, choose a Phase 1 condo development with lots of potential. Like, Transit City Phase 1. CentreCore Developments future plans in the area is to create a mini-city by their condos.

Hurry fast because space is limited and worksheets are due Thursday May 25th, 2017. Email me or connect with me via social media for more information about...INCENTIVES, LAYOUTS and PRICING! 

- Sarah Gheriani

Distillery District Christmas Market

Distillery District Christmas Market.. its the Place to Be!     When its Christmas time in the City Torontonians have to visit the massively successful Christmas Market in the Distillery District - A non-profit street festival in its 6th year. Open for one month from November 20th to December 20th visitors can enjoy the beautiful music by carollers, shop from local vendor kiosks, drink mulled wine or hot chocolate and munch on good eats.  As you enter the fair, a 50 foot Christmas tree with 18,000 lights greets you. This Christmas Market was inspired by markets similar in Europe. There are performers, a Ferris Wheel, beer gardens, local vendors and Santa Claus with his entourage of course.   The atmosphere is charming, romantic and gets you right into the holiday spirit.   Admission is free Tuesday to Friday and $5 per person on Saturday and Sunday (closed Mondays).  It is the perfect spot to of Eat, Drink and Be Merry!  For more information visit  http://www.torontochristmasmarket.com/

Distillery District Christmas Market.. its the Place to Be!


When its Christmas time in the City Torontonians have to visit the massively successful Christmas Market in the Distillery District - A non-profit street festival in its 6th year. Open for one month from November 20th to December 20th visitors can enjoy the beautiful music by carollers, shop from local vendor kiosks, drink mulled wine or hot chocolate and munch on good eats.

As you enter the fair, a 50 foot Christmas tree with 18,000 lights greets you. This Christmas Market was inspired by markets similar in Europe. There are performers, a Ferris Wheel, beer gardens, local vendors and Santa Claus with his entourage of course.

The atmosphere is charming, romantic and gets you right into the holiday spirit.

Admission is free Tuesday to Friday and $5 per person on Saturday and Sunday (closed Mondays).

It is the perfect spot to of Eat, Drink and Be Merry!

For more information visit http://www.torontochristmasmarket.com/

Press Release - Healthy first-time buyer segment expected to bolster GTA home sales

 For immediate release

 

Healthy first-time buyer segment expected to bolster GTA home sales

in 2015/2016, says RE/MAX Hallmark Homebuyer Survey

41 per cent of first-time surveyed buyers are single

 

Toronto, ON (October 5, 2015) –  First-time purchasers represent almost one-third (32 per cent) of surveyed homebuyers seriously intent on making a move over the next 18 months in the Greater Toronto Area (GTA), according to a survey released today by RE/MAX Hallmark Ltd., one of the country’s largest real estate franchises.

The RE/MAX Hallmark GTA Homebuyer Survey, conducted among 505 prospective purchasers between Sept. 22 and Sept. 28, 2015, is a barometer of home buying intentions for the remainder of 2015 and 2016. Despite challenges in terms of housing affordability and availability, especially evident at entry-level price points, surveyed first-time buyers are ready to move forward with their plans of homeownership.

“We initially set out to gauge how the convergence of negative influences, including the ‘technical recession,’ stock market volatility and global uncertainty, would impact homebuying activity in the GTA,” says Ken McLachlan, Broker/Owner of RE/MAX Hallmark Ltd.  “What we found was the key to the underlying strength of the overall market – a healthy first-time buying segment.”

In the next 18 months, surveyed first-time buyers intend to spend an average of $455,000 on their first home, with a mean downpayment of 22 per cent.  More than 50 per cent will utilize the Home Buyer’s Plan to realize homeownership. One in four surveyed first-time buyers will receive help from family/gift. The survey also found that 57 per cent of first-time buyers are millennials – 18 to 34 years of age.  Forty-one per cent of first-time buyers are single. 

“A new picture is emerging in terms of the first-time buyer,” says McLachlan.  “They’re a key player in today’s market.  They’re young and fiscally responsible.  Fifty-eight per cent are currently renting.  Six out of 10 – 61 per cent – are looking at properties in the City of Toronto, in close proximity to employment and transportation.  Nearly half are seeking homes priced under $450,000.”

Homeownership will likely take the form of a condominium apartment for many, especially those purchasers who favour the downtown core.  While 56 per cent of surveyed first-time buyers prefer single detached homes, condominium apartments rank second at 44 per cent.  The suburbs also have a following, with 39 per cent of first-time buyers planning to make their moves outside of the 416 area code.

“The emphasis that millennials, in particular, place on homeownership is especially interesting,” says McLachlan. “It appears that owning a home is just as coveted by those born between the early 1980s and the early 2000s as in previous generations.”

The challenges, in terms of achieving homeownership, are vastly different than those their parents faced, explains McLachlan.  Low interest rates make the timing ideal to enter the market, but the threat of higher rates down the road has proved disconcerting for many.  Furthermore, rising housing values in large centres such as the GTA have limited choice for first-time buyers, with compromise on size and location a given in most neighbourhoods.  Yet, 84 per cent of surveyed first-time buyers believe that buying a home now is a good financial decision for them/and their families.

Survey Methodology

From September 22nd to September 28th, an online survey was conducted among 505 Angus Reid Forum panel members who are GTA residents aged 18+ and intend to purchase a home in the GTA in the next 18 months.

RE/MAX Hallmark

RE/MAX Hallmark Realty Ltd. is one of the largest real estate franchises in Canada, with more than 700 sales associates operating out of 10 offices throughout the Greater Toronto Area and Muskoka Region. The team specializes in all aspects of real estate, including residential, recreational and commercial properties.  RE/MAX Hallmark is firmly entrenched in the communities it serves through its involvement in Children’s Miracle Network and grassroots fundraising initiatives. Visit the RE/MAX Hallmark website at: www.torontohomesandcondos.com

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For more information:


Ken McLachlan, Broker-Owner                             

RE/MAX Hallmark Realty Ltd.                               

416.565.4572                                                        

ken@remaxhallmark.com     


Eva Blay-Silverberg

Point Blank Communications

416.505.0627

eva@pointblankcommunications.ca