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Real Estate and Business

Living on Toronto’s Eastern Shoreline – Video from Backyard of Fishleigh Drive Property

I took this video from the backyard of a private property on Fishleigh Dive. A beautiful modern home is being built on the property and will be available to purchase in late spring 2016. Contact me if you would like more info 416-564-0245.

If you’re interested in this property then you might want to put an offer in before it goes to market and a possible bidding war!

Birchcliffe-Cliffside Neighbourhood: A Bit of Country in the Big City! See what’s for sale.

Cliffside is well-established, family centred neighbourhood located along Toronto’s eastern beaches, close to the wonders of the Scarborough Bluffs. Cliffside has an attractive mix of older style houses (including bungalows, one and a half storeys. and two storeys), well treed streets, a vibrant shopping district along Kingston Road and beautiful waterfront parks. Cliffside was previously known as Mortlake in honour of an English hamlet outside London, England. Use of the Mortlake name coincided with the opening of a post office in the Halfway House Hotel on Kingston Road, which was moved in 1962 and now is part of Toronto’s historic Black Creek Pioneer Village.

The famous Canadian wonder, the Scarborough Bluffs are located within Bluffers Park (down along Undercliff Drive in the Cliffcrest neighbourhood just east of the Birchcliffe-Cliffside neighbourhood). This Marina, Park and Beach provides a wonderful scenic lakefront view the lake, the cliffs and the trails through the shrubbery.

Cliffside Village has home improvement stores, convenience stores, various restaurants, and a mix of small stores, independent retailers and retail chain outlets.

The community of Birchcliffe-Cliffside, as of 2011, had a population of 21,856 occupying 9,185 private dwellings, 54% of which are single-detached houses (compared to Toronto’s average of 26%). The average family income was $73,364, compared to Toronto’s $70,945. A significant 90% of the residents spoke English at home, 73% were born in Canada (compared to Toronto’s average of 49%), and the top 5 ethnic origins are English, Irish, Canadian, Scottish and French.

The historic St. Augustine Seminary has been training Roman Catholic priests since 1910 and can easily be seen with its dome overlooking south from Kingston road toward the lake. The seminary was the first Canadian seminary for English speaking clergy. St. Augustine’s Beaux Arts style architecture and striking dome is a dominant visual presence of a landmark on Kingston Road.

The area west of St. Augustine Seminary evolved as a summer cottage community with the first year-round residences built on Chine Drive (just east of Midland Avenue on the in the present day neighbourhood of Cliffcrest) in the 1920’s. It was these Arts and Crafts style homes that defined the neighbourhood’s character to this day. Most of the Cliffside houses were built from the 1920’s-1940’s with architectural styles that include Cape Cod, Craftsman style bungalows, Edwardian, Tudor and newer, contemporary homes. In the most recent years, the value of homes built closer to the lake have risen considerably, especially along Fishleigh Drive (south end of the neighbourhood) which has truly magnificent views of Lake Ontario.

A great example of a wonderfully renovated one and a half storey house located 35 Ridgemoor Avenue south of Kingston Avenue is presently listed for sale. With two bedrooms on the top floor and wonderful views from the main floor this house has a finished basement with a kitchen, bathroom, 3rd bedroom and separate entrance. The main floor has a gas-burning fireplace insert and also has gas line for the gas stove.

Situated on a large lot with a 78 foot frontage and backing onto a ravine where deer and other wildlife frequent it provides a tranquil setting. There are two decks to enjoy in the backyard amidst towering mature trees. With a deep, attached single-car garage and wide drive there is parking for four cars. A country-like veranda that spans the front of the house, mature trees and thick hedge provide for a great curb appeal and delivers a small-town, country feel in the big city.

The home was renovated about 8-9 years ago from top to bottom. Windows were replaced two years ago along with new garage door, garage door opener. Sewer backflow prevention system was installed in 2010.

This home is offered at $659,900 to sell quickly.

To further information or to view this property, or if you would like to sell or buy another property contact:

Baldo Minaudo, MBA, Broker, Real Estate Homeward Brokerage. 416-564-0245

Are House Prices in Scarborough (Toronto) on the Move?

Are House Prices in Scarborough (Toronto) on the Move?

The last two properties I’ve sold in Scarborough have both sold for 110% of asking price. The first sold in 19 days, the second in 8 days. What could this mean?

For years Scarborough has been dormant, a secret within Toronto in which you’ll find wonderful neighbourhoods with individuals that have lived their for decades. It is here that a sense of community still lives on, where neighbours speak with each other, where properties have mature trees, gardens and signs of vibrant and active lifestyles.

One of the Scarborough communities is Agincourt, which in the 1980’s was targeted by foreign investors looking for spacious lots where they could knock down small post-World War II bungalows and replace them with 3,000-4,000 square foot homes. Agincourt which began as its own settlement and was amalgamated several times over the years is now ranked as #13 out of Toronto’s 140 communities as published by Toronto Life. It is no wonder that Agincourt properties are hard to come by and demand a premium.

Now it seems that nearby neighbourhoods, like Agincourt North are also seeing significant increases in house prices. Agincourt house prices continue to to be greater than surrounding neighbourhoods and for good reason given what it offers; golf course, great shopping, close to 401 and 404, close to Civic Centre & Scarborough Town Centre, great schools, and even a Go Station, and so much more. The city announced early in the year that the passenger rail service through Agincourt would be doubled, thereby contributing its accessibility to both the downtown and to the North.

There are many great communities in Scarborough and several that I believe will show some great appreciation in house prices.  They are desired for their community feel, larger lots and/or homes, lifestyle options, open space, mature trees and established public services and infrastructure.  Now that municipal, provincial and federal governments are focused on improving public transportation, accessibility to the downtown should improve and further support house prices in some communities.

If you are looking for a great home for your family or for an investment,especially in the Toronto Central and East communities (Harbourfront up to Willowdale across to Markham and down to Lake Ontario), you can reach me at 416-698-2090 and I’ll be happy to chat with you.