How To Choose Great Toronto Condos

 

Toronto is the largest city in Canada and is considered to be Canada’s financial and cultural hub.

There is a Condo Boom going on and this market continues to show strength and it continues to increase as time goes on.

Toronto Condos are affordable and provide first time buyers a great chance to purchase a home. Condos are now the biggest percentage of home buying in the Toronto area.

Their is a tremendous choice of New and Re-Sale Condos in respect to location, size and price.

One of the most important steps to take is contact a Toronto Real Estate Agent to help you choose a suitable project and unit for you.

 Did you know major Toronto Condo developers like Tridel, Landmark, and H@R Developments, all co-operate with Agents and this service is free to you? Who better to advise you than an Agent who specializes in the future re-sale of your new unit.

Take a look at some great Toronto Condos listed for sale.

Thornhill Condos-Real Estate

Thornhill is a quiet neighbourhood in the vicinity of John St., Bayview Ave., Bathurst St. and Clark to name a few of the major streets and locations of Thornhill Condos. It is situated between the towns of Markham and Vaughan and it located on each side of Yonge St.

The following are some new Condos going up in Thornhill:

1. Centre Park Condos
2. Chateau Parc
3. Parkview Tower
4. Promenade Park
5. The Residences of Olde Thornhill Village
6. Victoria Tower
7. Vista

Centre Park Condos:
Location: near Beverley Glen Blvd and Bathurst St.
Builder: Liberty Development Corp.
Size: 16 and18-storey-total 471 units 
Price: From $157,000 for 445 sq.ft. to $505,00 for 1,420 sq.ft.
Fees: 39 cents per sq. ft.
Occupancy: Phase 1 Sep 2009
Web: centreparkcondo.com

Chateau Parc Condos:
Location: Dufferin and Steeles
Builder: The Alterra Group
Size: 8 storey-183 units
Price: From $167,990 for 473 sq.ft. to $464,990 for 1,389 sq.ft.
Fees: 2.33-3.38 cents per sq. ft. plus hydro
Occupancy: Immediate
Web: alterra.com

Parkview Tower Condos:
Location: Bayview south Of Hwy. 7
Builder: Times Group
Size: Two 12 storey-357 units total
Price: From $188,000 for 589 sq.ft. to $382,000 for 1,251 sq.ft.
Fees: 36 cents per sq. ft.
Occupancy: 30-60 days
Web: timesgroupcorp.com

Promenade Park Condos:
Location: Promenade Circle, West Of Bathurst St.
Builder: The State Building Group
Size: 19 Storey-180 units and 16 storey-168 units
Price: From $257,900 for 700 sq.ft. to $421,900 for 1,360 sq.ft.
Fees: 42 cents per sq. ft.
Occupancy: 90 days to summer 2009
Web: statebuildinggroup.com

The Residences Of Olde Thornhill Village:
Location: 300 John St., east of Bayview Ave.
Builder: The Wynn Group and Sundance Homes
Size: Six Buildings with 220 four storey brick condominium townhouses.
Price: From $226,900,900 for 570 sq.ft. to $339,880 for 1366 sq.ft.
Fees: about $200 per month plus heat and hydro
Occupancy: Late summer 2007
Web: thornhillvillage.com

Victoria Tower:
Location: East of Bayview Ave., south of Hwy 7
Builder: Times Group
Size: 12 storey-126 units
Price: From $260,800 for 883 sq.ft. to $428,000 for 1,518 sq.ft.
Fees: 42 cents per sq. ft.
Occupancy: immediate
Web: timesgroupcorp.com

Vista Condos:
Location: Beverley Glen Dr., North of Centre St.
Builder: Liberty Development Corp.
Size: 22 storey-231 units
Price: From $179,00 for 563 sq.ft. to $620,000 for 1,998 sq.ft.
Fees: 38 cents per sq. ft.
Occupancy: November 2007
Web: thornhillcitycentre.com

Current  Thornhill Real Estate listings can be found on my Toronto Real Estate website that includes Thornhill Condos,Townhouses and Homes.

Record Real Estate Prices in London

 

London Real Estate prices are leaping ahead and defying predictions somewhat like Toronto Real Estate. They rose 28.7 per cent in 2006 and now increased 18 percent in the first half of this year.

Some of the reasons prices are moving up include low mortgage rates, rich foreigners, bankers, Russian oil riches, and the wealth of Europes’s largest and dynamic centre of finance.

For the last ten years London has been appreciating in value making it the most expensive city in the world for luxury homes, more expensive per square foot than New York, Hong Kong, Tokyo and even Monaco. Demand areas like Chelsea and Kensington sell for an average of US$5,000 a square foot. Monaco, the world’s second most expensive city sells for US$4,600 a square foot and New York in third place sells for US$3,400 a square foot.

Tony Blair bought his 5 storey Georgian town house on Connaught Square W2, City of Westminster in 2004 for US$7.8 million and it is now worth US10 million, a 29% increase.

Like our Toronto Real Estate bidding wars, buyers who dilly-dally risk getting gazumped, a British slang for what happens when someone arrives on the scene at the last minute and offers a higher price.

According to London based real estate broker Knight Frank LLP prime London houses cost about US$10-million and desirable apartments run about US$5-million.

Buyers here in Toronto can look at my Toronto Real Estate website with all the current prices of homes and condos offered for sale.