Monday, December 11, 2017

FREE DOWNLOADS: Leaside and East York Historical Booklets

These free downloads are available on the Toronto Public Library website!

PDF copy of a fantastic little book compiled and issued by "The Publicity and Industrial Committee of Leaside Town Council" in 1931.  Link

"The Story of Leaside", 1931

PDF copy of  booklet published by East York Public Library as part of "East York 200" celebrations in 1996.  Link 
 
"Fascinating Facts about East York", 1996

Friday, December 8, 2017

NEW LISTING! South Leaside Office Space For Lease

(Available for lease)  Approximately 675 s.f. for creative/professional/retail use in popular and well managed small commercial building at Bayview & Moore.  Bright south aspect!  Existing tenant has occupied the space for 15+ years!  Present layout includes 3 offices plus a kitchenette.  One outside parking spot included.  Other tenants include dentists, music studio, computer repairs and TV sales & service.  Super handy to downtown, TTC on the doorstep, grocery and pharmacy across the street!  No restaurants or food product use permitted.  Landlord willing to offer a new long term lease.

Visit www.bonniebyford.com/properties.html for more info!

News Release: City of Toronto regulates short-term rentals


News Release, December 7, 2017

Today, Toronto City Council has adopted recommendations to create a new bylaw for short-term rental regulations in the City of Toronto.

The new regulations will allow a property owner or tenant to participate as an operator (host) of a short-term rental in their principal residence, where they may share up to three bedrooms, or rent their entire residence on short-term durations but for no more than a total of 180 days a year.

Short term rentals are rentals that are offered in periods of 28 consecutive days or less, and are typically facilitated through short-term rental companies (platforms) such as Airbnb.

“These regulations do the right thing in the right way. They strike a balance that embraces new technology and allows short-term rentals while protecting communities," said Mayor John Tory. "I’m proud City Council has found a way to regulate short-term rentals in a way that will keep housing affordable.” The new regulations will take effect June 1, 2018. City staff will create an online registration system for short-term rental operators and will meet with short-term rental platform companies to provide guidance on the new regulations.

Homeowners and tenants who wish to share their principal residence and become a short-term rental operator will be required to register with the City through a new online registration system for an annual fee of $50.

Short-term rental platform companies, such as Airbnb, will require a license from the City. The initial application fee will be $5,000 and an annual licensing fee based on $1 per night booked through the platform.

The City is taking steps to accommodate people's desire to participate in home-sharing arrangements as both guests and hosts, while balancing the need to maintain rental housing stock and avoid commercialization of residential neighbourhoods.

City Council considered two staff reports today on this issue; a report from the Licensing and Standards Committee, LS23.1 Licensing and Registration Regulations for Short-Term Rentals, available at: http://app.toronto.ca/tmmis/viewAgendaItemHistory.do?item=2017.LS23.1 and a report from the City's Planning and Growth Management Committee, PG24.8 Zoning By-law and Zoning By-law Amendments to Permit Short-term Rentals, available at http://app.toronto.ca/tmmis/viewAgendaItemHistory.do?item=2017.PG24.8. Each link includes the decision history and amendments passed by Council.

This news release is also available on the City's website: http://ow.ly/fidJ30h5Bn7.

Thursday, December 7, 2017

MARKET WATCH: GTA REALTORS® Release November Stats

December 5, 2017 -- Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 7,374 transactions through TREB's MLS® System in November 2017. This result was up compared to October 2017, bucking the regular seasonal trend. On a year-over-year basis, sales were down by 13.3 per cent compared to November 2016.

New listings entered into TREB's MLS® System in November 2017 amounted to 14,349 – up by 37.2 per cent compared to November 2016, when the supply of listings was very low from a historic perspective.

"We have seen an uptick in demand for ownership housing in the GTA this fall, over and above the regular seasonal trend. Similar to the Greater Vancouver experience, the impact of the Ontario Fair Housing Plan and particularly the foreign buyer tax may be starting to wane. On top of this, it is also possible that the upcoming changes to mortgage lending guidelines, which come into effect in January, have prompted some households to speed up their home buying decision," said Mr. Syrianos.

The MLS® Home Price Index (HPI) composite benchmark price was up by 8.4 per cent on a year-over-year basis in November 2017. The average selling price for all home types combined was down by two per cent compared to November 2016, due in large part to a smaller share of detached home sales versus last year. On a year-to-date basis, the average selling price was up by 13.4 per cent compared to the same period last year. High density home types continued to lead the way in terms of price growth, with the average condominium apartment price up by double-digits compared to November 2016.

"Changes in market conditions have not been uniform across market segments. In line with insights from consumer polling undertaken by Ipsos in the spring, we are still seeing seller's market conditions for townhouses and condominium apartments in many neighbourhoods versus more balanced market conditions for detached and semi-detached houses. We will have more insights to share about consumer intentions for 2018 at the end of January when TREB releases its third annual Market Year in Review and Outlook report," said Jason Mercer, TREB's Director of Market Analysis.

To read the full report, please visit: http://www.bonniebyford.com/mw1711.pdf


Thursday, November 23, 2017

FREE 2018 Toronto Wall Calendars!

Come to our office anytime during regular office hours
to pick up your free calendar*!

Wishing you a very happy holiday season,
from Bonnie Byford Real Estate Ltd., Brokerage!


*while supplies last

Friday, November 17, 2017

OPEN HOUSE this weekend! 3 bedroom semi in South Leaside!


139 Rumsey Road, Toronto 

Click here to view map & MLS Listing information

Saturday, Nov. 18th, 2017
and Sunday, Nov. 19th, 2017

2:00 pm - 4:00 pm

See you there!

NEW LISTING! 3 bdrm semi in the heart of South Leaside!

(Available for sale) Beautifully maintained and updated 3 bedroom semi! Basement lowered to create 7’+ headroom featuring superb recreation room, office and 3 piece bathroom! Walkout from updated kitchen to deck overlooking tranquil perennial garden! Sundrenched front porch! Steps to Leaside Tennis Club, Library & TTC! Short walk to Rolph Road P.S., Bessborough P.S., Leaside H.S. and Bayview’s incredible boutiques and restaurants!

Visit www.bonniebyford.com/properties.html for more info!

Thursday, November 2, 2017

MARKET WATCH: GTA REALTORS® Release October Stats

November 2, 2017 -- Toronto Real Estate Board President Tim Syrianos reported 7,118 residential sales through TREB's MLS® System in October 2017. This result represented an above-average increase between September and October of almost 12 per cent, pointing to stronger fall market conditions.

On a year-over-year basis, October sales were down compared to 9,715 transactions in September 2016. Total sales reported through the first 10 months of 2017 amounted to 80,198 – down from 99,233 for the same time period in 2016.

"Every year we generally see a jump in sales between September and October. However, this year that increase was more pronounced than usual compared to the previous ten years. So, while the number of transactions was still down relative to last year's record pace, it certainly does appear that sales momentum is picking up," said Mr. Syrianos.

The MLS® Home Price Index Composite benchmark price was up by 9.7 per cent on a year-over-year basis in October. Annual rates of price growth were strongest for townhouses and condominium apartments. The average selling price for October transactions was $780,104 – up by 2.3 per cent compared to the average of $762,691 in October 2016.

"The housing market in the GTA has been impacted by a number of policy changes at the provincial and federal levels. Similar to the track followed in the Greater Vancouver Area, it appears that the psychological impact of the Fair Housing Plan, including the tax on foreign buyers, is starting to unwind," said Jason Mercer, TREB's Director of Market Analysis.

To read the full report, please visit: http://www.bonniebyford.com/mw1710.pdf


Tuesday, October 24, 2017

Designing the perfect Halloween Jack-o'-lantern

Looking for design ideas for that perfect pumpkin?

Have a look at our Facebook Album of Pumpkin Stencils. 
FUN NEW DESIGNS ADDED!
Download your favourite & have fun!

Happy Halloween!!

CLICK HERE FOR STENCILS