That’s why we are so excited about three of our listings in the neighbourhood; Each home is a full size family home designed for living and entertaining inside and out!  Three options. Three price ranges.

• 250 Burnett Avenue 

•  349 Betty Ann Drive

• 210 Cameron Avenue

Close to Yonge/Sheppard Subway.  Choose from some excellent public schools; Cameron, Churchill and Yorkview Public Schools.

 With rates still comfortably low, moving up to a 3 or 4+ bedroom home in the area may be more affordable than you think.  Let us help you determine what your own home is worth so you can move to one of these special homes! Call or write with your questions and ideas.

For a private viewing of these or any other homes please be sure to call The Mulholland Ross Team 416-230-8500.

It happens every summer, most winter breaks and whenever home prices stabilize for a short time … The potential home buyers take a break!

What confuses us the most is why so many home buyers wait until everyone is caught up in a frenzy to buy, before they decide to jump in?

The last few months were quite frustrating for so many buyers who were often in competition to purchase their home. Many buyers invested in home inspectors prior to even making an offer. Some just purchased their home without any inspection of any kind. Most buyers found themselves making offers well over the seller’s listing price – and within a day or so of actually seeing the home.

The pace was fast and the buyer’s were frustrated. Today the picture is a little different.

Although home prices have remained strong, homes are staying on the market for longer periods of time, allowing home buyers the luxury of seeing a home a few times prior to making a decision. There are fewer ‘bidding wars’ so one can actually make an offer and negotiate with the seller, have a  home inspection, and if desired, an appraisal, prior to committing to the purchase agreement.

Market and job conditions are the same as they were in the hot Spring market; interest rates remain unbelievably low!

So why are so many buyers ‘Waiting to see what happens’?  And if the Fall market turns out to be just like our Spring market – will those buyers choose to jump in on the frenzy or wait until the next time the market slows down?

Do you see the pattern?

We know that many people feel the market may drop in the next few months but keep in mind that Real Estate is a long term investment. It will drop and it will rise, again and again. One pattern we have found is that home prices always rise over the last highest price.

How many were caught this Spring wishing they had purchased a home back in 2008 when prices softened?

How many will be caught again?

Rather than trying to ‘time the market’ let us help you concentrate on finding the right home at the right price.

349 Betty Ann Drive is perfectly set amongst tall trees on quiet cul-de-sac and backing onto an ultra private Ravine system.

Gracious rooms boasts oversize windows, hardwood floors and pot lights. The family size kitchen has been completely renovated to offer a centre island and wall to wall pantry cabinets. Entertainers will love this home inside and out.

Plenty of space for the entire family on 4 spacious levels.

Close to the New JJC, Public Transit, Schools, Parks and more. Friendly community!

Have you ever seen your dream  home sell before you had a chance to even see it?

Don’t let that happen here! Call the Mulholland & Ross Team or write to arrange your private viewing.

Just about every new home buyer starts to ask themselves the ever famous question at least once “Should I just build my own home?” Of course the common sentiment is that if you build your own home you can get ‘all the things you want’.

While this may be the best decision for some people, let’s go over the issues and advantages of building new yourself, or finding your next home already done and ready for you to move into.Building New

• Design a layout with an architect that suites your families needs
• Choose your finishes; colours, styles etc.
• You can can ‘exactly what you want’ … If you have an unlimited budget!
• If you are building on your own lot you are moving out and renting or shacking up with family (then moving back)
• Staying on budget can be tougher than it seems as every little change and ‘new idea’ will reflect in final price
• Must purchase appliances, light fixtures, window coverings, shelving etc. (add to budget)
• May not be done on schedule. Time waiting for permits, committee of adjustment rulings and availability of builder
• If you are building on another lot, you’ll have to arrange a building loan or sell your current  home to pay for the cost of building (may require a move to rental)

Buying New

• While you may not feel you are getting exactly what you want – the price is the price with no unknown design costs
• You can sell your home and buy your new home in the same market (without risk of market fluctuations)
• One simple move from your home to your next home
• If you buy brand new you should have Tarion Warranty as well as we strongly recommend a Home Inspection even though it’s new
• Does not require 12 – 18 months of reviewing plans, working with designers, architects, builders etc. and allows you to focus on your family instead
• Can often arrange creative financing through the builder. Easier to finance yourself through a bank/broker

There are so many points to consider when buying or building. We have worked with families who have done both and have heard the good, bad and the ugly of each decision.

If you are planning a move, renovation or new build please know that we offer a free no obligation consultation to discuss the pros and cons of your plans.

Take a look at these sites for more ideas and discussions.

BuildingHomes.ca

5 Things You Should Know Before You Build

If you have an experience or idea to share please do so – it’s much appreciated by all!

Discover some wonderful features rarely found in this price range;

• Spacious foyer has 2pc powder room
• Full size kitchen with island overlooks bright family size breakfast room
• Breakfast area overlooks sunken family and walks out to large deck and ultra private garden
• Den or Home Office has French doors that open to family room
• Three bedrooms on the 2nd floor – master has walk in closet and ensuite bath
• Separate entrance to high basement – great recreation room and roughed in 3pc
• Steps to Cameron PS, Subway, Gwendolen Park/Tennis and Ravine
• Garage and breathtaking privately landscaped lot with natural stone accents
• Listed at $719,000. Flexible possession.

So much more than it appears from a drive by! Take a look at the pictures and call us for your private viewing 416-230-8500

Take a look at the Toronto Real Estate Board’s June Chart. Pay especially close attention the the 4th chart;  Average Resale Home Prices. The orange bar represents 2010 and you’ll find it to be well above the previous 4 years.

If you’re curious about your local market, take a look at the Board’s Market Watch for June 2010.  Refer to page 2 to establish your Real Estate Board district.  If you live in the central North York area you are most likely in C07, C14 or C15.

The local central stats can be found on pages 10 and 11.  For example, there were 121 active detached homes for sale in C07 in June. Thirty one of them were sold in June.  Approximately 25% of the inventory sold in the same month. The list to sale price ratio was 97%.

If you’re interested in discussing even more local values don’t hesitate to call, write or leave a comment/question here.

44 Bevdale Road offers 4+ bdrms and hardwood through out. Fabulous main floor home office can be used as a main floor bedroom for extended family or those who are not able to do stairs. The main floor 3pc makes for easy  living when the inlaws visit or move in! Bright finished walk out basement 2 bdrm  inlaw suite with fireplace.

69 Bevdale Roadis a custom built 4+ bdrm with exquisite detail through out; classic cornice moldings, coffered ceilings and a true ‘gourmet kitchen’ with top of the line appliances and butler’s pantry. Custom built ins through out. Finished walk out media room in the basement and breathtaking ‘resort’ style patio, pool and hot tub!

Curious about these homes or others? Interested in knowing more about the local real estate market and the value of your own home? Be sure to let us know – we’re happy to help any way we can!

Check out the Toronto Real Estate Board’s charts for June 1010 for even more Toronto Real Estate information.

Treat yourself to something different!

Discover one of North York’s best kept secrets; Tridel’s Skyview at 5444 Yonge Street!

Friendly well managed condo boasts all the luxuries of a resort – just steps to Yonge St. restaurants, Subway, shops and more.

View More Pictures

This bright west facing suite boasts over 1640 square feet – carefully renovated through out!  Wall to wall windows have unobstructed views and breathtaking sunset pictures!

Imagine just locking the door and leaving – when ever you choose! No worries about managing your lawn or snow removal.  This is easy living with space and style!

Enjoy indoor/outdoor pools, private tennis courts and quality squash courts. Entertainment rooms/guest suites++

Go ahead and spoil yourself – 24 hr concierge service and security.

For more information or to view please call Peter Mulholland & Ora Ross 416-230-8500

n July 1st

This Thursday, celebrate Canada Day with a Canadian flag in your front window (or on your car roof).  Wear something red and white, have some friends over and check out some of the events in North York Toronto.

Mel Lastman Square is always exciting  on Canada Day with food, music and amazing fireworks!

Downsview Park will be celebrating all day with amusement rides, acrobat performances, face painting and fireworks!

NOTE: For those of you in the Yonge/Sheppard/Finch area, be sure to check your mailboxes for our most recent Newsletter; you’ll find a bright Canadian Flag on one side. Perfect for placing in your front window!

Tell us what you like most about living in Canada!

Join us this Saturday June 26th and Sunday 27th and consider these great new listings.

22a Franklin Avenue will be open both Saturday and Sunday between 2-4pm. Beautiful architectural open concept design just steps to Yonge St., Subway, Gwendolen Park and Cameron PS in the Yonge and 401 area.

38 Holcolm Road will be open on Saturday between 12 – 2pm and and again on Sunday between 2-4pm. Fabulous 3 bdrm home on quiet street close to Yonge, Subway and Churchill PS.  The perfect layout has the family size kitchen open to a large deck and fenced yard.

44 Bevdale Road will be open on Sunday between 2-4pm. Lovely and spacious 4+ bdrm with main floor home office and fully finished walk out lower level. Close to schools and subway.

We have many other exciting listings from starter/investment homes right up to the utmost in luxury and fine finishes.

If you’d like our  newest listings sent to you directly, be sure to sign up for our ‘FIRST TO KNOW’ e-letter and we’ll let you know of our listings before they hit the market.  SIGN UP

Curious about what options are available? Give us a call, send us a note or drop into our Open Houses!

If you’re considering a move, perhaps our personal moving consultation would be helpful. Call today.