A seven bedroom, five bathroom heritage home has been listed in the prestigious beaches area for a cool $5 million. The property offers a guest house, green house, and the rare ability to swim from your own front year. Sounds beautiful? Would love to see it? Well, your access will require a $50 donation to Sick Kids.
There are no photos on MLS, no virtual tours, and the media has been denied entry. This marketing tactic was set in place to filter out non-serious, nosy lookers. The listing agent and owners wanted to ensure that only serious buyers were viewing the home.
Within the past year or so, we've seen realtors and sellers adapt some guerilla marketing techniques - we've seen properties grossly under listed; we've seen sales boasting lower fees, and we've even seen houses listed for $1. This particular marketing ploy comes with a little more class - if you have a home of that worth, of course you'd like it to make sure that people aren't just coming in to look because they're curious or bored, and the icing on the cake is that the money is going to a good, local cause.
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Tuesday, 14 May 2013
Admission Fee to View $5 Million Home In The Beaches
Labels:
beach house,
beaches,
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heritage home,
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Real Estate,
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Toronto
Sunday, 21 April 2013
Why econdos Is a Great Investment
I haven't been this excited for a pre-construction project in a while. When I saw the information on econdos, I flipped out. Apart from the facilities being beautiful, clean, and modern, the investment opportunity is one that Toronto has been needing. Something that can restore faith and confidence in our new condo market, and something that will entice buyers again.
When I look at new projects, I look at the aesthetics of the project, the area, and the investment. With this project, the photos speak for themselves. The amenities are amazing, from the infinity pool, to a party room that is of a night club caliber. The floorplans are impressive, and are space efficient. The area is hot, and getting hotter. It's accessible, being on the Yonge subway line, and just a quick ride into the core of the city. The building has underground access along the subway line, which connects you to three corners of the Yonge and Eglinton intersection, additionally giving you access to retail stores, restaurants, and a movie theatre without even having to step outside.
The investment is what sold me. The pricing is in alignment with where our condo market is, as well as with the area that the project is in. Prices start from the mid $300s, but my favorite layout is one that's $439, with a spacious balcony, and is south facing. Amidst projects that are offering free parking, or free maintenance fees, econdos is offering a 5% deposit structure, which is an intelligently aggressive approach during a time where new condos are so competitive. So, with econdos, you are required to put a 5% deposit for the first 48 months, then the remaining 15% at the end of the four years. So, let's consider this; for my favorite unit, the 20% is approximately $86k - 5% of this is roughly $21k. When you compare this to conventional deposit structures that require 20% at the start, you have $65k that has been freed up for four years. In a time where investing your money is a growing trend, $65k can make a lot of money - 8% is a very feasible yield, that's a sufficient downpayment if you're interested in a fixer-upper, or even private lending with a 12% return.
Apart from the deposit structure, you'd be looking at a mortgage payment of around $1400, with maintenance fees of - let's say - $360, so you're looking at $1760, with a rental that would be upwards of $2000. Of course it's difficult to forecast when you're looking years ahead, but confidence in the area is very strong.
In my opinion, it's an all over project - modern look, impeccable facilities, great area, and lucrative investment.
When I look at new projects, I look at the aesthetics of the project, the area, and the investment. With this project, the photos speak for themselves. The amenities are amazing, from the infinity pool, to a party room that is of a night club caliber. The floorplans are impressive, and are space efficient. The area is hot, and getting hotter. It's accessible, being on the Yonge subway line, and just a quick ride into the core of the city. The building has underground access along the subway line, which connects you to three corners of the Yonge and Eglinton intersection, additionally giving you access to retail stores, restaurants, and a movie theatre without even having to step outside.
The investment is what sold me. The pricing is in alignment with where our condo market is, as well as with the area that the project is in. Prices start from the mid $300s, but my favorite layout is one that's $439, with a spacious balcony, and is south facing. Amidst projects that are offering free parking, or free maintenance fees, econdos is offering a 5% deposit structure, which is an intelligently aggressive approach during a time where new condos are so competitive. So, with econdos, you are required to put a 5% deposit for the first 48 months, then the remaining 15% at the end of the four years. So, let's consider this; for my favorite unit, the 20% is approximately $86k - 5% of this is roughly $21k. When you compare this to conventional deposit structures that require 20% at the start, you have $65k that has been freed up for four years. In a time where investing your money is a growing trend, $65k can make a lot of money - 8% is a very feasible yield, that's a sufficient downpayment if you're interested in a fixer-upper, or even private lending with a 12% return.
Apart from the deposit structure, you'd be looking at a mortgage payment of around $1400, with maintenance fees of - let's say - $360, so you're looking at $1760, with a rental that would be upwards of $2000. Of course it's difficult to forecast when you're looking years ahead, but confidence in the area is very strong.
In my opinion, it's an all over project - modern look, impeccable facilities, great area, and lucrative investment.
Labels:
buying,
condominium,
condos,
deposit,
investment,
money,
new project,
Real Estate,
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saving,
selling,
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yield
Monday, 8 April 2013
Still #LoveThisTeam
So we're not off to the best start. Especially with Sunday's upset. But, as fans, we need to stay positive. We've all been looking forward to this season, and the hoopla around it has really brought our expectations up, but we have to remember to look at our boys as a new team, they just need to find the groove, but the foundation is there.
Our past losses can really be attributed to growing pains. Dickey's knuckleballs are a force to be reckoned with, and we just have to learn how to catch them. Uncaught pitches advanced bases that drove in 2 runs for the first game. We have third basemen playing second. Bonifacio - who is technically a third basemen, has played less than 20 games as a second basemen, and has never done so on artificial turf. We've had a string of errors, from Izturis to Cabrera, and these all drove in runs. We didn't lose to teams that had better players, we lost because we just haven't found our groove yet.
To look on the bright side, Reyes is a ray of light. He keeps the boys excited, keeps the fans happy, and you can tell that he just loves what he's doing. Our two Jose's are going to take us far. Not to mention that our beloved Joey Bats was out for a couple of games.
When fans lose hope, the boys lose hope. They have a nice day off, then back at it tomorrow.
Our past losses can really be attributed to growing pains. Dickey's knuckleballs are a force to be reckoned with, and we just have to learn how to catch them. Uncaught pitches advanced bases that drove in 2 runs for the first game. We have third basemen playing second. Bonifacio - who is technically a third basemen, has played less than 20 games as a second basemen, and has never done so on artificial turf. We've had a string of errors, from Izturis to Cabrera, and these all drove in runs. We didn't lose to teams that had better players, we lost because we just haven't found our groove yet.
To look on the bright side, Reyes is a ray of light. He keeps the boys excited, keeps the fans happy, and you can tell that he just loves what he's doing. Our two Jose's are going to take us far. Not to mention that our beloved Joey Bats was out for a couple of games.
When fans lose hope, the boys lose hope. They have a nice day off, then back at it tomorrow.
Sunday, 7 April 2013
World Health Day - Control Your Blood Pressure
Today is World Health Day, and the theme is your blood pressure. One in three adults suffer from high blood pressure, which can be a detriment to your health.
Here's a quiz to see how much you know about blood pressure
Check your risk here
Here's a quiz to see how much you know about blood pressure
Check your risk here
Wednesday, 3 April 2013
Happy 40th Birthday, Cell Phones!!
It's been 40 years to date that the first cell phone was seen on the streets of New York City. Back then, the prices were just shy of $4000, which is about $8700 in today's economy.
Here's a timeline of the life of a cell phone (via mashable.com). What was your first cell phone? Remember these?
Here's a timeline of the life of a cell phone (via mashable.com). What was your first cell phone? Remember these?
Labels:
40,
birthday,
cell phone,
cellular,
new york,
technology
Tuesday, 2 April 2013
Monday, 1 April 2013
APRIL FOOLS!!!
Pranks are usually left to frat boys and college students. I'm not a big prankster, but I searched the web and was definitely lol-ing when I found some of these. For those of you who aren't a prankster like me, hopefully you'll enjoy them, and for those of you who are, maybe you can get some ideas for the rest of the day!
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