Showing posts with label Real Estate Development. Show all posts
Showing posts with label Real Estate Development. Show all posts

Thursday, August 8, 2013

Banksy Piece To Become Part Of Toronto Condo Development


"The thought was it would be natural to put that back there and let the public enjoy it," said Mark Karam, Menkes vice president. "The idea that's being talked about would be to put it somewhere where it's accessible to the public." 
 
banksy-toronto-feature.jpg
The original 2010 Banksy mural as it appeared on a wall at 90 Harbour Street (Photo: AP)
 
Click below for the full article:

Saturday, May 18, 2013

SOLD 98% OF ASKING PRICE - Detached Bungalow with 2 Car Garage - Danforth/Donlands

Prime Location. Cozy, Detached, Bungalow On Sun Drenched Lot With Private, 2 Car Garage Off Lane Way. Excellent Opportunity For First Time Buyer Or Builder. Close to Subway, DVP, QEW, Shopping, Schools, Hospital and Much More. Public Open House 2:00 - 5:00 Pm April 6th & 7th.
 
Included: Existing Fridge, Stove, Washer, Dryer, Window Coverings, All Elf's, Hw Tank, Gb&E 2006. Shed, Garage Door Opener With Remote.


Exclude Portable Dishwasher In Kitchen.

 
For Details Call:
Jimmy Vlachos 416-406-000 Core Realty Group Inc., Brokerage
 
 

Saturday, April 27, 2013

FOR SALE - REDUCED TO 379K Builder Opportunity In Prime Danforth Village

Builder Opportunity In Prime Danforth Village. Perfect For Custom 2 Storey Home. 17.5Ft X 140Ft Lot With 2 Car Garage. There Is An Untapped Market For Detached Homes On Lots With Less Than 25Ft Frontage - How Many Well Appointed Semi's Without Parking Have You Seen Sell In The Last 12 Months For Over 750K. Brilliant Builders Wanted.
Most Recent Sold Property On Donmore Went For 970K In February. 2 Storey Semi Detached Homes On 15Ft Lots Requiring Total Gut Sell Over 400K In Area. All This Property Needs Is The Right Vision And Skill Set.
MARKET COMPARABLES FOR REALTORS: E2555746 Started Out As A Bungalow Which Sold In 2002 For 351K. E2536394 16.25Ft X 80Ft Semi, No Parking, Needed 200K In Reno/Repair Work. E2492823 Detached Bungalow, No Basement, 1 Parking, East Of Coxwell Sold In 2012.

Thursday, March 21, 2013

How a Brick-Shaped Heineken Bottle Almost Changed the World 50 Years Ago

You may have never heard of Alfred "Freddy" Heineken, but he should be a hero to drinkers and kids'-toy enthusiasts everywhere. Laughing Squid has the story of how Freddy—the third-generation patriarch of the Dutch brewing family—invented the WOBO, a beer bottle that essentially doubled as a giant interlocking Lego brick, and was made for building eco-homes back in the early 1960s. His original intent was to help the lower classes in CuraƧao, where he happened to vacation in 1963, build houses for themselves with the very materials that were already littering their beaches—discarded beer bottles. Thousands of WOBO bottles were made, but as of 2012, almost all of them have been lost or destroyed—and only two WOBO structures still exist. Unfortunately, the Heineken brewery wasn't as into the idea as Freddy was, and realistically, there aren't very many people who would live in a house made of beer bottles (insert obligatory Mel Gibson/Charlie Sheen/Alex Trebek joke here). But still, it's cool to see evidence of upcycling decades before that became a thing.


    

 



 

Thursday, March 14, 2013

West-end fixer-upper attracts 40 offers and sells for almost $200,000 over asking

$200,000 over asking does not mean $200,000 over the actual value - it is important to know what the last few comparible and recently sold properties sold for in determining what price to offer in a multiple offer situation.

Have a read...  and be sure to check out the comments below the article thats where the hidden gems are:)



http://www.thestar.com/business/real_estate/2013/03/12/junction_triangle_fixerupper_attracts_40_offers_and_sells_for_almost_200000_over_asking.html

Thursday, February 28, 2013

Too many Condo's too little green space? Potential mega-development in midtown.

“More people are moving into the area, and therefore, we need to create people-friendly spaces,” he said. “There needs to be a great public space for the local community. That’s how great cities are planned. Go to Paris, London, Rome or New York, and you will find great public squares and parks near major junctions. And we haven’t done that in Toronto.” Coun. Matlow

http://www.postcity.com/Eat-Shop-Do/Do/February-2013/Potential-mega-development-in-midtown/



Wednesday, February 20, 2013

SOLD $2'050'000 - 11000 Square Feet 5% Cap Rate

Prime mixed use building in the heart of Riverside/Leslieville. 20 Ft frontage, 3550 Sq Ft retail space, 11000 Sq Ft total. Commercial tenant on main floor with long term lease, 4 sound studios in basement, 4 large residential units on 2nd floor all month to month, currently below market rents, fully occupied. Excellent investment opportunity in growing Queen St East community.
This property sold conditionally in 13 days. 

Sunday, February 3, 2013

Menkes sees magic in Toronto’s South Core - New 35-storey office tower, two condo highrises will join developers' Telus project

"One York Street will be a two million-square foot mixed-used development featuring a 35-storey office tower and two condominium towers that will bring 200,000 square feet worth of much-needed retail space, restaurants and other amenities to a waterfront community that has exploded beyond anyone’s expectations"

http://www.thestar.com/business/2013/01/18/menkes_sees_magic_in_torontos_south_core.

Thursday, January 31, 2013

New house prices soared 16 per cent in GTA in 2012: Report


Interesting stats from this article:

•New house prices have climbed 44 per cent just over the last four years as supply has decreased by 52 per cent;
•New condos averaged 804 square feet in 2012 ($542 per square foot across the GTA), just... 16 square feet smaller than 2011, as developers realized that size matters;
•A record 60,713 units in 237 condo projects were under construction across the GTA in 2012. Some 88 per cent of those units were sold before construction even started.

http://www.thestar.com/business/2013/01/23/new_house_prices_soared_16_per_cent_in_gta_in_2012_report.html