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September 2005

Updated 2nd week of every month



~ One "Hot" August ~

"With 7498 sales, last month turned out to be the best August ever recorded in the history of the Toronto Real Estate Board", reported TREB President John Meehan. "Transactions were up 11% over August 2004 which was our previous record. Sales volume was also up about 2% over July. It's unusual for sales to pick up this late in the summer and it signals an active fall market ahead".

The average price for August came in at $323,255 with the median at $285,000. These figures are up 7% and 5% respectively over the $304,509 and $270,000 recorded during August 2004.

Some areas of the GTA experienced sales volume that was significantly higher than in August 2004:

Townhomes in Whitby recorded 38% more transactions.

The Islington/Kingsway area saw a sales volume increase of 60%.

Bayview Village/Hillcrest Village areas of North York was up 28% - fuelled by condominium sales.

Richmond Hill showed a 25% increase.

The North end of the city had strong activity as sales volume jumped 103%.

Average Days-On-Market in August was 37

 

A Break Down Of The Total Sales Is As Follows:

TREB's - 28 West Districts had:  2941 sales With an average of - $303,042
TREB's 14 Central Districts had: 1241 sales With an average of - $387,424
TREB's 23 North Districts had: 1608 sales With an average of - $371,849
TREB's 21 East Districts had: 1708 sales

With an average of - $265,686

 


Web-Site Of Interest:
www.tribute.ca

If you're a movie buff - you'll love this handy site. All the films currently playing - times - theatres & reviews!



Mortgage Rates - Nino Pasquariello - Scotiabank

Rates As Of September 6, 2005

Nino will guarantee these rates for 120 days for any"confirmed" client of Rosemary Wright if you bring this newsletter with you!

These "Preferred Rates" are available for new mortgages for any of my clients who bank with Nino Pasquariello, Senior Bank Manager of Scotiabank & Trust. Nino's office is located at 2200 Yonge Street (at Eglinton) in Toronto.

(Bus): 416-932-3885 #7000 (Fax): 416-932-3167

E-Mail: nino.pasquariello@scotiabank.com

Scotiabank Web-Site: www.scotiabank.com

6 Month Open 6.80%
6 Month Converted 4.35%
1 Year Open 7.05%
1 Year Closed 3.90%
2 Year Closed d4.10%
3 Year Closed 4.10%
3 Year Ultimate Rate 3.75% (Prime 4.25% minus .50%) or (Prime 4.25% with 1.50% Cash Back). - Cap Rate 5.40%
4 Year Closed 4.15%
5 Year Closed 4.30%
5 Year Flex Value Prime 4.25% - 0.75% = (Currently - 3.50%).
7 Year Closed 5.25%

Please Note: We are unable to guarantee the rate on the Prime Based Variable Rate products. Rates will be based on Prime at the time of the mortgage closing. We are able to guarantee the Cap Rate on the 3 Year Ultimate Rate Mortgage for 120 days from the date of your application.



Stacy McLennan Interiors

Bathroom renovations are a hot trend in today's market. Even if you don't have the budget to take on a complete renovation, you can really make a statement with a few choice pieces!

Be sure to pick up a great looking faucet for your vanity. This is one of the first things that people will see when they walk into your bathroom, so be sure to make an impact!

A fabulous shower curtain is always a must in a bathroom! The choices are endless, so you'll be sure to find something to suit your tastes!

Look to purchase accessories in the same finish or color - towel rack, faucet, light fixtures, toilet paper holder etc. Too many finishes can make a room look disorganized and cluttered.

Invest in high quality lighting. This will have the biggest impact on the space, and there's nothing worse than poor lighting in the bathroom!

Large mirrors always work well in a bathroom and they visually enlarge a small space. They also help to reflect the light so the space feels brighter.

Look for more helpful hints next time!

(Bus): (416) 769-0902 (Fax): (416) 769-0428

E-Mail: smi@rogers.com



Home Inspection Companies:

1) National Home Inspection (416) 467-7809 nationalhomeinspection@sympatico.ca
2) Carson & Dunlop (416) 964-9415 inspection@carsondunlop.com
3) Baker Street Home Inspection (416) 483-3535 info@bakerstreet-hi.ca
4) Aetna Pest Control (Termites) (416) 469-4111 info@aetnapest.ca


Business Of The Month:

"Big Ben's Junk Removal"

Bus: (416) 462-0585

Large or Small Jobs Welcome - Paint Can Removal - Appliance Removal & More ...

Same Day Free Estimates



From Actual Church Bulletins

  1. The Fasting & Prayer Conference includes meals.
  2. The sermon this morning: "Jesus Walks on the Water." The sermon tonight: "Trying To Find Jesus."
  3. Ladies - Remember the rummage sale. It's a chance to get rid of useless things so don't forget your husbands.
  4. The peacemaking meeting scheduled for today has been cancelled due to a conflict.
  5. Don't let worry kill you off - let the Church help.
  6. Miss Mason sang "I will not pass this way again," giving obvious pleasure to the congregation.
  7. For those of you who have children and don't know it - we have a nursery downstairs.
  8. Next Thursday there will be tryouts for the choir. They need all the help they can get.
  9. Barbara is in hospital in need of prayers. She is having trouble sleeping and wants tapes of the Pastor's sermons.
  10. Irving and Jessie were married on October 24 in the church. So ends a friendship that began in their school days.
  11. A bean supper will be held on Tuesday evening in the church hall. Music will follow.
  12. At the evening service the sermon topic will be "What Is Hell?" Come early & listen to our choir practice.
  13. Please place your donation in the envelope along with the deceased person you want remembered.
  14. Potluck supper Sunday at 5:00 PM - prayer and medication to follow.
  15. The ladies of the Church have cast off clothing of every kind. They may be seen in the basement on Friday.
  16. This evening at 7 PM there will be a hymn singing in the park. Bring a blanket and come prepared to sin.
  17. Ladies Bible Study will be held Thursday morning at ten o'clock. Lunch to follow after the B.S. is done.
  18. Low Self Esteem Support Group will meet Thursday at 7 sharp. Please use the back door.
  19. The 8th. Grade will be doing Hamlet in the Church this Friday. The congregation is invited to this tragedy.
  20. Weight Watchers will meet at 7 PM at the Church. Please use large double door at the side entrance.
  21. The Minister unveiled the church's new tithing campaign slogan: "I Upped My Pledge - now - Up Yours."


Neighbourhood Corner - Rosedale:

With 36 transactions thus far in 2005, single detached homes are the most common re-sale type in Rosedale. The year-to-date average is $2,072,854 - a 20% increase over the $1,730,474 recorded during the first 8 months of 2004. In addition, 6 condominium apartments have sold in Rosedale this year for an average of $475,833.


 



Business Referrals:

Client & Networking referrals are the foundation of a successful real estate agent's career. Over many years in this industry I have enjoyed the confidence and repeat business of my clients. I appreciate your on-going support and want you to know that I will always look after friends and colleagues you refer to me with professionalism, care and respect.


Rosemary Wright

Sales Representative - Sutton Group-Bayview Realty Inc.

Bus: (416) 483-8000

Fax: (416) 463-0159

Direct Page: (416) 582-1216


This newsletter is never sent unsolicited. If you wish to be removed, please reply to this e-mail with the words: "Remove from Newsletter" in the subject line or call me at (416) 483-8000 to request removal.

The intent of the newsletters - "Real Estate Bits " & "Real Estate Bits -2" is to provide information to you regarding real estate. Personal details such as your name, contact information and address are never revealed to anyone without your consent. In accordance with the new Privacy Act, your consent must be given (either implicitly or explicitly) to receive these newsletters. If you do not want to receive my newsletters - please notify me. My newsletters are not intended to solicit Buyers or Sellers who are currently under contract with any Broker.

The information and opinions contained, statistics and articles are courtesy of TREB, CMHC or other individuals or companies and are believed to be reliable, but their accuracy is not guaranteed. Sutton Group-Bayview Realty Inc. and Rosemary Wright accept no responsibility whatsoever for any loss arising from any use or reliance on the accuracy and timeliness of the information contained herein. Every endeavour is made to ensure accuracy. These newsletters do not render financial, legal, accounting, home inspection or professional advice. They are for general educational purposes only. They do not offer do-it-yourself advice. We encourage you to always contact the appropriate professionals or specialists to address your individual needs.

 
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Sutton Group-Bayview Realty Inc., Brokerage
Independently Owned And Operated

(Bus): (416) 483-8000
(Fax):  (416) 463-0159
1820 Bayview Avenue
Toronto, ON, Canada

 

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