Month: March 2015

Magnificent Private Estate on Mimico Creek- Once in a Lifetime Opportunity

El CapistranoMarch 8, 2015- One of the largest privately owned estates in Toronto, the landscaping plan of El Capistrano was designed in the 1940s by Dunnington-Grubb, the founders of Sheridan Nurseries. There is a stone sidesplit residence with Art Deco details and terra cotta roof, a groundskeeper’s cottage, a pool house, and a stone kennel building. Minutes from downtown Toronto and both airports, yet feels like a storybook world away from everything at El Capistrano, the backdrop for numerous films. Estate home or possible redevelopment opportunity. See the virtual tour at TOrealestate.ca– Andrea Stark, Sales Representative, Royal LePage/ Johnston & Daniel Division, Brokerage

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Hot Toronto Real Estate Prices Unaffected By Freezing Cold Winter

Toronto in WinterMarch 5, 2015- Home sales are up 11.3% from this time last year, even though the supply of listings is down 8.7%. This low inventory combined with incredibly low interest rates and high demand are all factors contributing to the red hot Toronto market. In the 416 area, the average price of a detached home is now $1,040,018 and a semi sells for $702,035 on average. The highest priced areas are C12, (e.g. Bridle Path/ York Mills/ Bayview). with an average detached home going for $2,115,887. Next is C09, (Rosedale), where a detached house sells for $1,855,245 and C04 at $1,493,719. Read the full TREB report and get more Toronto real estate-related info at TOrealestate.ca– Andrea Stark, Sales Representative, Royal Lepage/ Johnston & Daniel Division, Brokerage