Friday, September 22, 2017

OPEN HOUSE this Sunday! Detached, 2-storey in North Leaside!


444 Broadway Avenue, Toronto 

Click here to view map & MLS Listing information

Sunday, September 24th, 2017

2:30 - 4:30 pm

See you there!

NEW LISTING! North Leaside Detached!

(Available for sale) Handsome, pristine 3 bedroom with attached garage and private drive! Immaculately maintained with modern kitchen and bathrooms! Modern hardwood flooring in the principal rooms! Handily located near Northlea P.S. (English & French Immersion), Leaside H.S., Sunnybrook Hospital and beautiful Serena Gundy Park! Steps to Whole Foods, Shoppers Drug Mart, 24 Hour Metro and Eglinton Ave TTC (future LRT)!

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

Friday, September 15, 2017

OPEN HOUSE This Weekend! Detached, 2-storey in North Leaside!

92 Glenvale Boulevard, Toronto

Click here to view map & MLS Listing information

Saturday, September 16th, 2017
and Sunday, September 17th, 2017

2:30 - 4:30 pm

See you there!

NEW LISTING! North Leaside Detached On Extra Wide Lot!

(Available for sale) Detached two storey home with attached garage! Exceptional 39’ x 133.8’ lot! Open plan main floor!  Main floor family room, with 3 piece bathroom! Convenient access from family room and dining room to oversized deck and secluded garden! Easy to convert the current two bedroom layout back to the original 3 bedrooms! Well loved and maintained by the same family for 50 years! Short walk to Northlea P.S. (English & French Immersion), Eglinton Ave TTC (future LRT) and beautiful Serena Gundy Park!

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

Wednesday, September 6, 2017

MARKET WATCH: GTA REALTORS® Release August Stats

September 6, 2017, TORONTO -- Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 6,357 home sales through TREB's MLS® System in August 2017. This result was down by 34.8 per cent compared to August 2016.

The number of new listings entered into TREB's MLS® System, at 11,523, was down by 6.7 per cent year-over-year and was at the lowest level for August since 2010.

"Recent reports suggest that economic conditions remain strong in the GTA. Positive economic news coupled with the slower pace of price growth we are now experiencing could prompt an improvement in the demand for ownership housing, over and above the regular seasonal bump, as we move through the fall," continued Mr. Syrianos.

The average selling price for all home types combined was $732,292 – up by three per cent compared to August 2016. This growth was driven by the semi-detached, townhouse and condominium apartment market segments that continued to experience high single-digit or double digit year-over-year average price increases.

The MLS® Home Price Index composite benchmark, which accounts for typical home types throughout TREB's market area, was up by 14.3 per cent year-over-year in August. The fact that MLS® HPI growth outstripped average price growth, points to fewer high-end home sales this year compared to last.

"The relationship between sales and listings in the marketplace today suggests a balanced market. If current conditions are sustained over the coming months, we would expect to see year-over-year price growth normalize slightly above the rate of inflation. However, if some buyers move from the sidelines back into the marketplace, as TREB consumer research suggests may happen, an acceleration in price growth could result if listings remain at current levels," said Jason Mercer, TREB's Director of Market Analysis.

To read the full report, please visit: http://www.bonniebyford.com/mw1708.pdf

Friday, August 18, 2017

Friday, August 4, 2017

MARKET WATCH: Market Continued to Adjust in July

TORONTO, August 3, 2017 -- Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 5,921 residential transactions through TREB's MLS® System in July 2017. This result was down by 40.4 per cent on a yearover- year basis, led by the detached market segment – both in the City of Toronto and surrounding regions.While sales were down, the number of new listings reported were only slightly (+5.1 per cent) above last year's level.

"A recent release from the Ontario government confirmed TREB's own research which found that foreign buyers represented a small proportion of overall home buying activity in the GTA. Clearly, the year-over-year decline we experienced in July had more to do with psychology, with would-be home buyers on the sidelines waiting to see how market conditions evolve," said Mr. Syrianos.

"Summer market statistics are often not the best indicators of housing market conditions. We generally see an uptick in sales following Labour Day, as a greater cross-section of would-be buyers and sellers start to consider listing and/or purchasing a home. As we move through the fall, we should start to get a better sense of the impacts of the Fair Housing Plan and higher borrowing costs," said TREB CEO John DiMichele.

The MLS® Home Price Index (HPI) Composite Benchmark price was up by 18 per cent on a year-over-year basis. However, the Composite Benchmark was down by 4.6 per cent relative to June. Monthly MLS® HPI declines were driven more so by single-family home types. The average selling price for all home types combined was up by five per cent year-over-year to $746,218.

"Home buyers benefitted from more choice in the market this July compared to the same time last year. This was reflected in home prices and home price growth. Looking forward, if we do see some would-be home buyers move off the sidelines and back into the market without a similar increase in new listings, we could see some of this newfound choice erode. The recent changes in the sales and price trends have masked the fact that housing supply remains an issue in the GTA," said Jason Mercer, TREB's Director of Market Analysis.

To read the full report, please visit: http://www.bonniebyford.com/mw1707.pdf

Monday, July 24, 2017

Carnival has arrived on Bayview!



If you're on Bayview, be sure to check out our new window display featuring our famous lucky trolls!  They are prepped and ready to participate in Toronto's Caribana parade!  Can't think of a better way to celebrate summer!



We're also available to talk real estate, anytime.  ;-)  Come on in!  1536 Bayview Ave.

Thursday, July 6, 2017

NEW LISTING! North Leaside Detached, 4 Bedroom!

(Available for lease) Superbly maintained and upgraded detached 4 bedroom home in North Leaside!  Updated kitchen, 3 bathrooms, hardwood floors and pot lights! Walk-out to spacious deck overlooking sun drenched, stunningly manicured, south facing garden! Steps to Northlea P.S. (English + French Immersion), short walk to Eglinton TTC, Leaside H.S., Whole Foods, Shoppers Drug Mart and 24 Hr Metro! Cycle to Serena Gundy Park!

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

MARKET WATCH: More Moderate Price Growth in June

July 6, 2017 -- Greater Toronto Area REALTORS® reported 7,974 sales through TREB's MLS® System in June 2017 – down by 37.3 per cent in comparison to June 2016.

The number of new residential listings entered into TREB's MLS® System, at 19,614, was up by 15.9 per cent compared to June 2016. While this annual rate of growth was sizeable, it represented a more moderate annual rate of growth compared to May 2017, when new listings were up by 48.9 per cent year-over-year.

"We are in a period of flux that often follows major government policy announcements pointed at the housing market. On one hand, consumer survey results tell us many households are very interested in purchasing a home in the near future, but some of these would-be buyers seem to be temporarily on the sidelines waiting to see the real impact of the Ontario Fair Housing Plan. On the other hand, we have existing home owners who are listing their home because they feel price growth may have peaked. The end result has been a better supplied market and a moderating annual pace of price growth," said Mr. Syrianos.

Annual growth rates for MLS® HPI benchmark prices have moderated over the past two months, but remain strong. The MLS® HPI composite benchmark price was up by 25.3 per cent on a year-over-year basis in June. June's average selling price for all home types combined for the TREB market area was $793,915, representing a 6.3 per cent increase compared to the same month in 2016. A better supplied market has certainly been a key factor influencing the moderation in price growth.

"Recent Ipsos survey results suggest that home buying activity in the GTA will remain strong moving forward. The year-over-year dip in home sales we have experienced over the last two months seem to be the result of would-be buyers putting their decision to purchase temporarily on hold while they monitor the impact of the Fair Housing Plan. On the supply side of the market, it certainly looks as though buyers will benefit from more choice in the second half of 2017 compared to the same period in 2016,"said Jason Mercer, TREB's Director of Market Analysis and Service Channels.

To read the full report, please visit: http://www.bonniebyford.com/mw1706.pdf

Wednesday, July 5, 2017

Saturday, June 24, 2017

NEW LISTING! Spacious Charmer in Bedford Park!

Detached 3 bedroom on quiet one block street! Traditional gumwood trim, leaded glass windows and French doors! Add your personal touches! Private drive, garage plus legal front yard parking! Entertain on large private deck overlooking manicured garden! Check out the backyard studio! Steps to popular Bedford Park P.S.! 5 minute walk to Yonge/Lawrence subway, Wanless Park & Yonge St. shopping & fine dining!

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

Friday, June 16, 2017

OPEN HOUSE This Weekend! Bayview/Eglinton Townhome!

6 Glazebrook Avenue, Toronto

Saturday, June 17th, 2017
and Sunday, June 18th, 2017

2:30 - 4:30 pm

See you there!

NEW LISTING! Bright & Spacious Bayview/Eglinton Freehold Townhome!

(Available for sale) Regency inspired freehold “Manors of Bayview” townhome with over 2700 sf of refined living space! Gracious open plan main floor with hardwood floors, curved staircase and powder room. Walk-out from main floor family room to garden oasis with pergola covered seating area and serene waterfall! 3 spacious bedrooms; master features walk-in closet plus 5 pce. ensuite! Basement rec room, private drive and integral garage! Steps to Whole Foods, Shoppers Drug Mart, 24hr Metro and the future Eglinton LRT!  Outstanding value at Bayview/Eglinton!

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

Wednesday, June 14, 2017

NEW LISTING! Detached 3+ bedroom in South Leaside!

(Available for sale) SOUTH LEASIDE OPPORTUNITY! Spacious detached 3+ bedroom in the heart of South Leaside! Wonderful home to the same family for 57 years! Ripe & ready for renovation! Across from Bessborough Public School and short walk to Leaside High School! Just around the corner from Trace Manes Park, Leaside Library and Leaside Tennis Club!

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

Wednesday, June 7, 2017

NEW LISTING! 1 Bdrm + Den Davisville Village Condo!

(Available For Lease!) Immaculate one bedroom + den! Hardwood floors throughout — oversized southwest facing balcony — modern kitchen! One parking & one locker included! TTC on the doorstep, 5 minutes to Yonge/Davisville subway! Stroll to Mt. Pleasant’s eclectic stores and restaurants; or check out the farmer's market across the street, Tuesdays at June Rowlands Park!  No smoking & no pets please.

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

Monday, June 5, 2017

MARKET WATCH: Active Listings Increase in May

TORONTO, June 5, 2017 -- Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 10,196 sales through TREB's MLS® System in May 2017 – down by 20.3 per cent compared to 12,790 sales reported in May 2016. Sales of detached homes were down by 26.3 per cent. Sales of condominium apartments were down by 6.4 per cent.

Active listings – the number of properties available for sale at the end of May – were up by 42.9 per cent compared to the lowest level in 15 years recorded in May 2016, but remained below the average and peak during that period. The number increased considerably for low-rise home types including detached and semi-detached houses and townhouses. Active listings for condominium apartments were down compared to May 2016.

"Home buyers definitely benefited from a better supplied market in May, both in comparison to the same time last year and to the first four months of 2017. However, even with the robust increase in active listings, inventory levels remain low. At the end of May, we had less than two months of inventory. This is why we continued to see very strong annual rates of price growth, albeit lower than the peak growth rates earlier this year," said Mr. Cerqua.

Selling prices continued to increase strongly in May compared to the same month in 2016. The MLS® HPI Composite Benchmark price was up by 29 per cent year-over-year. The average selling price for all home types combined for the TREB Market Area as a whole was up by 14.9 per cent to $863,910. Year-over-year price increases were greater for condominium apartments compared to low-rise home types. This likely reflects the fact that the low-rise market segments benefitted most from the increase in listings.

"The actual, or normalized, effect of the Ontario Fair Housing Plan remains to be seen. In the past, some housing policy changes have initially led to an overreaction on the part of homeowners and buyers, which later balanced out. On the listings front, the increase in active listings suggests that homeowners, after a protracted delay, are starting to react to the strong price growth we've experienced over the past year by listing their home for sale to take advantage of these equity gains," said Jason Mercer, TREB's Director of Market Analysis.

To read the full report, please visit: http://www.bonniebyford.com/mw1705.pdf

Thursday, May 4, 2017

MARKET WATCH: Strong Growth in New Listings in April

TORONTO, May 3, 2017 -- Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® entered 33.6 per cent more new listings into TREB's MLS® System in April 2017, at 21,630, compared to the same month in 2016. New listings were up by double-digits for all low-rise home types, including detached and semi-detached houses and townhouses. New listings for condominium apartments were at the same level as last year.

Total sales for the TREB market area as a whole amounted to 11,630 – down 3.2 per cent year-over-year. One issue underlying this decline was the fact that Easter fell in April in 2017 versus March in 2016, which resulted in fewer working days this year compared to last and, historically, most sales are entered into TREB's MLS® System on working days.

"The fact that we experienced extremely strong growth in new listings in April means that buyers benefitted from considerably more choice in the marketplace. It is too early to tell whether the increase in new listings was simply due to households reacting to the strong double-digit price growth reported over the past year or if some of the increase was also a reaction to the Ontario government's recently announced Fair Housing Plan," said Mr. Cerqua. The MLS® Home Price Index (HPI) Composite Benchmark Price was up by 31.7 per cent yearover- year in April 2017. Similarly, the average selling price for all home types combined was up by 24.5 per cent to $920,791.

"It was encouraging to see a very strong year-over-year increase in new listings. If new listings growth continues to outpace sales growth moving forward, we will start to see more balanced market conditions. It will likely take a number of months to unwind the substantial pent-up demand that has built over the past two years. Expect annual rates of price growth to remain well-above the rate of inflation as we move through the spring and summer months," said Jason Mercer, TREB's Director of Market Analysis.

To read the full report, please visit: http://www.bonniebyford.com/mw1704.pdf

Another Awesome Furniture ONLY Sale!


The Awesome Sale is holding
a special "Furniture Only" edition!
Saturday May 6th, 2017
10 a.m. - 2 p.m.

Our inventory of items for sale includes: sofas, love seats, chairs - LR, DR, K, tables: dining room, kitchen, coffee, end, etc; dressers, desks, bookcases, bed frames, mirrors, and more! Great prices provide wonderful value on our quality used goods!


Leaside United Church
822 Millwood Road,
Toronto, ON M4G 1M6
Web: www.leasideunited.org
Email: webmaster@leasideunited.org
Ph: (416) 399-2386


Drop in and browse for Bargains !!!

 PROCEEDS TO FUND BOTH CHURCH AND OUTREACH PROGRAMS!!!

Remember that our LUC Spring Awesome Sale with its 13 departments (including furniture) takes place on Fri. May 12th from 3 to 7p.m. and Sat. May 13th from 10 a.m. to noon!  Hope to see you at both of these Awesome Sales!!

Thursday, April 27, 2017

The Spring Awesome Sale is coming up! Mark your calendars!


The Spring Awesome Sale is quickly approaching.

Friday, May 12th, 2016 from 3 p.m. to 7 p.m.

Saturday, May 13th, 2016 from 9 a.m. to noon.


1000s OF PRE-SORTED, QUALITY ITEMS
15 DEPARTMENTS INCLUDING:
TREASURES AND TRINKETS, BOOKS, CLOTHING, LINENS, TOYS, FURNITURE, SMALL APPLIANCES, HOUSEWARES, JEWELLERY and OTHERS…
Snack Bar
 Re-cycled  Bargains !!!
 PROCEEDS TO FUND BOTH CHURCH AND OUTREACH PROGRAMS!!!

(NOTE: Leaside United Church is accepting donations at the church for any of the departments listed above from now up until the week before the sale.)

 

Wednesday, April 5, 2017

MARKET WATCH: Tight Market Conditions Continue in March

TORONTO, April 5, 2017 -- Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 12,077 residential sales through TREB's MLS® System in March 2017. This result represented a 17.7 per cent increase compared to the 10,260 sales reported in March 2016. For the TREB market area as a whole, annual sales growth was strongest for condominium apartments and detached houses.

The number of new listings also increased on a year-over-year basis, at 17,051 – a 15.2 per cent increase compared to March 2016. The strongest growth in new listings was experienced in the detached market segment. While new listings were up strongly compared to last year, the rate new listings growth was still lower than the rate of sales growth. As a result, GTA market conditions continued to tighten.

"It has been encouraging to see that policymakers have not implemented any knee-jerk policies regarding the GTA housing market. Different levels of government are holding consultations with market stakeholders and TREB has participated and will continue to participate in these discussions. Policy makers must remember that it is the interplay between the demand for and supply of listings that influences price growth," said Mr. Cerqua.

Strong competition between buyers continued to cause high levels of price growth in all major market segments. The MLS® Home Price Index (HPI) Composite Benchmark Price was up by 28.6 per cent year-over-year. For the TREB market area as a whole, the average selling price was up by 33.2 per cent, with similar annual rates of growth in the low-rise and condominium apartment segments.

"Annual rates of price growth continued to accelerate in March as growth in sales outstripped growth in listings. A substantial period of months in which listings growth is greater than sales growth will be required to bring the GTA housing market back into balance. As policy makers seek to achieve this balance, it is important that an evidence-based approach is followed," said Jason Mercer, TREB's Director of Market Analysis.

To read the full report, please visit: http://www.bonniebyford.com/mw1703.pdf

Friday, March 31, 2017

FREE Easter Colouring Books for the kids!

Come into our office
any time
during regular business hours
& pick up your 
FREE
Easter Colouring Book!
(while supplies last)

Have a safe & happy
Easter Holiday
from
Bonnie Byford Real Estate Ltd.
Brokerage


1536 Bayview Avenue, Toronto, M4G 3B6

Tuesday, March 21, 2017

NEW LISTING! Sunfilled detached 3 bdrm in South Leaside!

(Available for sale) Beautifully maintained South Leaside 3 bedroom detached with addition! Gloriously bright main floor family room + 3 piece bathroom! Updated kitchen! Finished lower level features playroom and very spacious, sunny rec. room with walk-out to yard! Quiet low-traffic, one block street overlooking the scenic, heritage protected Garden Court Apartments! Short stroll to Bayview shops & restaurants!

Visit our Properties Page for more info!

Friday, March 10, 2017

Leaside Blood Donor Clinic - Wednesday, April 5th, 2017

“It’s in you to give.”
Be part of Northlea Community's Blood Donor Clinic! 

Your help is needed!

Where: Northlea Public School, 305 Rumsey Road
When:  Wednesday, April 5, 2017 from 2:00-7:00 p.m. 

R.S.V.P. by calling the Canadian Blood Services appointment number at 1-888-2-DONATE (1-888-236-6283) NOW! Criteria for donating, as well as online booking can be found at http://www.blood.ca  Refreshments are available.

Friday, March 3, 2017

MARKET WATCH: Sales Up and Listings Down in February

TORONTO, March 3, 2017 -- Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 8,014 residential sales through TREB's MLS® System in February 2017. Despite the fact that February 2016 had one more day due to the leap year day, this result was up on a year-over-year basis by 5.7 per cent compared to 7,583 sales reported last year.

"The February statistics tell me that many Greater Toronto Area households continue to view home ownership as a great long-term investment. The high demand for ownership housing we're seeing is broad-based, with strong sales growth for most low-rise home types and condominium apartments. This makes sense given the results of a recent consumer survey undertaken for TREB by Ipsos, which found an even split between intending first-time buyers and existing homeowners who indicated that they were planning on purchasing a home in 2017," said Cerqua.

While the demand for ownership housing grew over the past year, new listings entered into TREB's MLS® System in February were down on a year-over-year basis by 12.5 per cent to 9,834.

The MLS® HPI Composite Benchmark Price was up by 23.8 per cent compared to February 2016. Similarly, the average selling price was up by 27.7 per cent year-over-year to $875,983. Annual rates of price growth continued to be strongest for low-rise home types, particularly detached houses. Growth rates for condominium apartment prices were also in the double digits, likely a result of strong demand from first-time buyers.

"The listing supply crunch we are experiencing in the GTA has undoubtedly led to the doubledigit home price increases we are now experiencing on a sustained basis, both in the low-rise and high-rise market segments. Until we see a marked increase in the number of homes available for sale, expect very strong annual rates of price growth to continue," said Jason Mercer, TREB's Director of Market Analysis.

To read the full report, please visit: http://www.bonniebyford.com/mw1702.pdf

Wednesday, March 1, 2017

NEW LISTING! Prime Retail space on Bayview Avenue!

Approximately 700sf plus full basement, nestled between Leaside and Davisville Village in pedestrian friendly shopping district. Two patios; one on Bayview + one at the rear. “Rosie’s Kitchen” has operated here for many years (restaurant owners are retiring). Landlord will consider other retail business.

Visit our Properties Page for more info!

Friday, February 24, 2017

NEW LISTING! Ready-to-go restaurant in The Beach!

(Available for lease) "PRIME BEACH LOCATION!" 30 ft frontage! High pedestrian traffic! North side of Queen -- sunny side of the street! Fold-away front windows for al-fresco style dining in the summer! This former restaurant is renovated and ready to move in! Warm wood-grain flooring, exposed brick, decorative ceiling, excellent lighting + **Municipal License & Liquor License In Place**. Approx 2300 sqft. on main floor + full basement with office area, walk-in fridge & freezer, large prep area. Available immediately.

Visit our Properties Page for more info!

NEW LISTING! 3 bedroom South Leaside Semi!

(Available for Lease) Smart 3 bedroom semi with open plan main floor! Modern kitchen, finished basement with 3 piece bathroom! Excellent schools: Rolph Road, Bessborough + Leaside High! Easy access to TTC, great shopping, library and recreational facilities! (No smoking, no pets please.)

Visit our Properties Page for more info!

Friday, February 3, 2017

MARKET WATCH: Strong Start to 2017

TORONTO, February 3, 2017 -- Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 5,188 residential transactions through TREB's MLS® System in January 2017. This result was up by 11.8 per cent compared to 4,640 sales reported in January 2016. Annual rates of sales growth were higher for condominium apartments than for low-rise home types.

January 2017 picked up where 2016 left off: sales were up on a year-over-year basis while the number of new listings was down by double-digit annual rates for most major home types.

"Home ownership continues to be a great investment and remains very important to the majority of GTA households. As we move through 2017, we expect the demand for ownership housing to remain strong, including demand from first-time buyers who, according to a recent Ipsos survey, could account for more than half of transactions this year. However, many of these would-be buyers will have problems finding a home that meets their needs in a market with very little inventory," said Cerqua.

The MLS® Home Price Index (HPI) Composite Benchmark price was up by 21.8 per cent on a year-over-year basis in January. Similarly, over the same period, the average selling price was up by 22.3 per cent to $770,745, with double-digit gains in the average prices for all major home types.

"The number of active listings on TREB's MLS® System at the end of January was essentially half of what was reported as available at the same time last year. That statistic, on its own, tells us that there is a serious supply problem in the GTA – a problem that will continue to play itself out in 2017. The result will be very strong price growth for all home types again this year," said Jason Mercer, TREB's Director of Market Analysis.

To read the full report, please visit: http://www.bonniebyford.com/mw1701.pdf

Thursday, February 2, 2017

Pilot mediation program launched to resolve disputes on minor variance and consent applications in Toronto

City of Toronto Media Relations has issued the following:
==========================================

News Release                 

February 2, 2017
 
Pilot mediation program launched to resolve disputes on minor variance
and consent applications in Toronto

The City of Toronto is launching a city-wide Mediation Pilot Program today to assist in resolving disputes for minor variance and consent applications being considered by the Committee of Adjustment.

This free program strives to assist disputing parties in reaching a voluntary, mutually-acceptable solution for some or all of the issues in dispute. The program is intended to help foster a collaborative process with neighbours as well as to reduce costs, provide access to neutral professional expertise and increase the likelihood of a settlement.

"Toronto is investing in providing smart and efficient City services that respond to Torontonians' needs," said Mayor John Tory. "The hope is that through the Mediation Pilot Program, residents can resolve disputes quicker and at reduced costs – and reduce the number of appeals."

"The planning process can be overwhelming. Residents concerned about minor variances or consents may not have the experience or financial resources to challenge lawyers and planners hired by applicants," said Councillor David Shiner (Ward 24 Willowdale), Chair of the Planning and Growth Management Committee. "I am hoping that mediation will provide an opportunity for neighbours to get professional assistance and avoid expensive appeals."

The mediation sessions will be conducted by a neutral third-party mediator and a neutral, experienced professional planner with knowledge of the City's Official Plan and zoning bylaws, including applicable minor variance and consent legislation. The Committee of Adjustment renders the final decision and is not bound by the mediated agreement.

The program will roll out across the city and will be available through the Committee of Adjustment starting with North York on February 9, followed by Toronto and East York on February 15, Scarborough on February 16, and Etobicoke and York on February 23.

More information about the Mediation Pilot Program is available at http://www.toronto.ca/cofa.

This news release is also available on the City's website: http://bit.ly/2kXhr44

Toronto is Canada's largest city, the fourth largest in North America, and home to a diverse population of about 2.8 million people. It is a global centre for business, finance, arts and culture and is consistently ranked one of the world's most livable cities. In 2017, Toronto will honour Canada's 150th birthday with "TO Canada with Love," a year-long program of celebrations, commemorations and exhibitions. For information on non-emergency City services and programs, Toronto residents, businesses and visitors can visit http://www.toronto.ca, call 311, 24 hours a day, 7 days a week, or follow us on Twitter at http://www.twitter.com/TorontoComms and on Instagram at http://www.instagram.com/cityofto.


Media contact: Cheryl San Juan, Strategic Communications, 416-397-5305, cheryl.sanjuan@toronto.ca

Thursday, January 5, 2017

Record Sales in 2016

January 5, 2017 -- Toronto Real Estate Board President Larry Cerqua announced that 2016 was a second consecutive record year for home sales. Greater Toronto Area REALTORS® reported 113,133 home sales through TREB's MLS® System – up by 11.8 per cent compared to 2015. The calendar year 2016 result included 5,338 sales in December – an annual increase of 8.6 per cent.

The strongest annual rate of sales growth in 2016 was experienced for condominium apartments followed by detached homes.

"A relatively strong regional economy, low unemployment and very low borrowing costs kept the demand for ownership housing strong in the GTA, as the region's population continued to grow in 2016," said Mr. Cerqua.

The annual rate of growth for the MLS® Home Price Index (HPI) in the TREB market area accelerated throughout 2016 – from 10.7 per cent in January 2016 to 21 per cent in December 2016. The overall average selling price for calendar year 2016 was $729,922 – up 17.3 per cent compared to 2015. The pace of the annual rate of growth for the average selling price also picked up throughout the year, including a climb of 20 per cent in December.

"Price growth accelerated throughout 2016 as the supply of listings remained very constrained. Active listings at the end of December were at their lowest point in a decade-and-a-half. Total new listings for 2016 were down by almost four per cent. In 2016, we saw policy changes and policy debates pointed at the demand side of the market. If we want to see a sustained moderation in the pace of price growth, what we really need is more policy focus on issues impacting the lack of homes available for sale," said Jason Mercer, TREB's Director of Market Analysis.

To read the full report, please visit: http://www.bonniebyford.com/mw1612.pdf

NEW LISTING! Davisville Village - Renovated 3 Bedroom!

(Available for lease) Beautifully renovated detached 3 bedroom! Open plan, modern kitchen with breakfast bar & walk-out to large patio and deep south facing garden! 3 piece master ensuite! Stunning floors throughout! Popular Maurice Cody School district! Landlord will provide basic lawn care. Legal front pad parking will be completed when weather permits!

Visit our Properties Page for more info!