What’s new in Toronto?

Wychwood Park neighbourhood guide just published!

December 10, 2008

We are delighted to announce that we have just completed and published a full historical and living guide for the Wychwood Park neighbourhood in Toronto. There are photos and neighbourhood recommendations that you can really use. Please have a look to see if your favorite is there and leave us a comment if you feel we've missed anything out.

Wychwood Park is a neighbourhood enclave and former gated community located north of Davenport Road and just west of Bathurst Street. The verdant 22-acre hamlet atop the rolling wooded hills of the Davenport Ridge, with 300-year-old trees and a meandering private road, is tucked away out of sight and earshot of these major arteries. Those fortunate enough to own one of the neighbourhood’s sixty homes share a communal tennis court, park and pond fed by Taddle Creek. The homes are a mix of modest (artists’ cottages near the entrance) and grand (a three-storey behemoth surrounded by a palatial lawn), occupied by artists, architects and intellectuals. As prices skyrocket into the millions of dollars, more and more wealthy people move in.

Wychwood home

While the area was amalgamated into the city of Toronto in 1908, it remains a private community. The roads, parklands and amenities are paid for by the local residents, and the community is managed by an executive council. The price for living in one of Toronto’s more exclusive, private neighbourhoods is a special park tax paid by all homeowners, calculated based on the size of each property. Several prominent figures have lived in Wychwood Park, now designated a Heritage Conservation District under the Ontario Heritage Act including Marshall McLuhan; his widow still calls Wychwood Park home.

Click for full Wychwood Park neighbourhood guide

Rosedale neighbourhood guide just published!

November 28, 2008

We are delighted to announce that we have just completed and published a full historical and living guide for the Rosedale neighbourhood in Toronto. There are photos and neighbourhood recommendations that you can really use. Please have a look to see if your favorite is there and leave us a comment if you feel we've missed anything out.

For over one hundred years Rosedale has held the distinction of being the city's most fashionable address, and many of Toronto's wealthiest and most prominent citizens reside here. Built between 1860 and 1930, many of Rosedale's large and stately homes are Heritage Properties constructed in Victorian, Georgian, Tudor and Edwardian styles.

Beautiful home in Rosedale

Rosedale's boundaries are the CP railway tracks to the north, Yonge Street to the west, Bloor Street to the south, and Bayview Avenue to the east, with the neighbourhood neatly divided into a north and south portion by the Park Drive Ravine. Along with the natural beauty of the ravines and gorges which pleasantly seclude Rosedale from the rest of the city, there are many recreational opportunities in Rosedale Park, Ramsden Park and Mooredale House, offering outdoor sports, play areas and community programs. Many public and private schools for all ages are situated in the neighbourhood, and residents enjoy a fine selection of upscale shops and restaurants in nearby Summerhill.

Click for full Rosedale neighbourhood guide

Reproduced From The National Post Nov. 22, 2008 By Elli Davis

"Now is an excellent time for Buyers to find their dream homes."

 

In recent months we have seen a change in the real estate industry, however, this does not mean that homes are not selling in Toronto but rather...Read Full Story.

 

Home Prices in the States

November 19, 2008

People keep talking about the fall in home prices in the United States.

Actually the real estate prices in the US have not changed at all evenly. There are areas of the States where prices have actually gone up - like just across Lake Ontario in upstate New York.

american real estate prices

There are danger zones - like California and Florida - but that's mainly as the real estate bubble was so overinflated. In areas where house prices had not ballooned, prices haven't exploded.

Southern Ontario and Toronto remain vital growth areas. It would be very surprising to see anything like the correction here that the Americans are facing.