Spring Tips For Buyers & Sellers In Real Estate!

The busy season in real estate is upon us… Spring!

What are a few key tips in either buying or selling your home this season?

For starters, open houses and for sale signs are always a great option. It’s a good time for sellers to typically charge more due to the amount of interest from buyers during this busy time of year.

This February was one of the slowest in terms of sales in Canada. According to a national survey, 50% of Canadians say they think spring is the best time to sell a home. Less than have say it’s the best time to be a buyer in the market. 11% said they want to buy a hope this spring, and only 8% said they plan to sell. It’s always important to consider curb appeal!

Remember, first impressions are everything in this business. So make sure you de-clutter, clean, and apply a nice fresh coat of paint if you plan on selling your home this spring!

Buyers just may have the upper hand this spring, so the best thing you can do as a potential buyer is to ask a lot of questions early on. It’s important to know what to expect during this process. Not to mention, find a realtor who knows your market! We can’t stress enough how important it is to have a communicative relationship with your realtor, so they can guide you through your search and ensure you are connected to the right experts along the way – whether that be mortgage brokers, lawyers or home inspectors.

Call us today to speak with one of our fabulous agents! We will be happy to connect you with the perfect fit for your buying or selling needs.

Sutton Group Realty Systems Inc., Brokerage

416-896-3333 or 905-896-3333

www.SuttonRealty.com

85 Crown Cres – Featured in the Toronto Star!

Our Agent Marcela Brun Fausto was recently featured in the Toronto Star with her listing at 85 Crown Cres!

Features Open Concept Kitchen/Dinning Room. Renovated Maintenance Free Concrete Backyard, Microfit Solar Panels,Electric Car Charger ,Tankless Water Heater, Energy Efficient A/C. Gas Line For Bbq!

To schedule a showing to see beautiful property please call 416-896-3333.

 

TC4 Pricing & Floorplans Available – Register Today!

TC4 Condos In Vaughan

0 Minutes To Subway

Prices From The $300’s!

Welcome To Transit City – a brand new multi residential development in the heart of Vaughan Metropolitan Centre!

It has never been easier to commute from home, whether you drive or take the TTC!

Register Today For Floor Plans, Pricing and priority access!

Sutton Group Realty Systems

416-896-3333

www.CondominiumToronto.com

Which Features Will Help To Sell Your Home Quickly?

With trends constantly changing these days, it’s hard to tell which new features and design improvements will actually benefit in the quick sale of your property.

Realtor.com has offered a few key features that have helped home owners sell their home the fastest and for the best price!

  1. Gourmet Kitchens/Chefs’ Kitchens
    Open kitchen designs have exploded onto the real estate market, becoming a centerpiece for each home. Luxury is important to buyers, especially when it comes to hosting friends and dinner parties. Dark palettes like black & navy have taken precedent over the more traditional white and neutral shades. Open shelving, double doors, lots of windows, quartz counters, stainless steel appliances – these are all adding to the popularity and success of home-selling!
  2. Specialty Rooms Whether it be a home office, theatre, gym or mudroom – buyers are asking “why go out when you can stay in?”. While not as popular as they were in the beginning, design experts are saying that homes which come equipped with any type of specialty room usually go for about twice as much as the national median!
  3. Outdoor FeaturesSolar panels have become a really hot commodity thanks to the demand from climate-conscious buyers and those who are looking to cut down their electricity bills. Built-in pools (whether shared or private) have always been consistently popular, but while they attract some buyers in warmer parts of the globe, some buyers may repel due to maintenance and liability issues. Bottom line for pools is to install it for your own enjoyment first, resale value second.
  4. Smart Home Features and Electronics Anything from interconnected appliances or internet-controlled thermostats to fully-wired homes. This can be an expensive addition, but the trend is booming thanks to Amazon Echo and Google Home. These electronic home features are so easy and convenient to use – there is almost no reason these additions will go out of style. With this technology, homeowners can now pick up a simple smart home security system for pricing as low as $150, vs. having a technician come in and install a system which could run a bill over $1000! People really like having an app on a phone to know if someone’s at home or not.
  5. Indoor FeaturesNo matter where you go – fireplaces are always welcome and will never go out of style, however there are definitely more modern approaches to the classic fire place, such as being built into the wall. Another key indoor feature is the walk-in closet; not as popular as they once were due to the de-cluttering movement.

Whether you are looking to sell your home at an amazing price or are looking to purchase a home which includes any of the above upgrades, please give us a call!

We have agents waiting by the phones to answer your questions and help you with all of your buying and selling needs – each step of the way!

Sutton Group Realty Systems Inc., Brokerage

416-896-3333 or 905-896-3333

www.SuttonRealty.com

Which Canadian Province Is Leading In Multi-Family Building Permits?

New statistics show an increase of 1.6% per month in relation to permit value for residential buildings in Canada, with Ontario as the clear leader for both single-family & multifamily permits since January. In Toronto, the value for multi-family dwellings rose from 26.5% to $871 million which was the second highest value on record!

Since December, multi-family permit approvals have increased by 3.5%, totalling to 21,192. Single family home approvals decreased by 2.3% from the previous month.

As for non-residential permits, the drop was pretty significant with a total of $3.0 billion down 15.8% from December, which resulted from lower construction intentions from commercial buildings. The total value for all permits issued in January for both residential & non-residential was $8.4 billion in January, down from 5.5% from December’s record high.

Whether you are looking to invest or to buy the perform home for you and your family, do not hesitate to call us! We have agents standing by to answer any of your questions.

Sutton Group Realty Systems Inc., Brokerage

416-896-3333 / 905-896-3333

www.SuttonRealty.com

 

 

 

All You Need To Know About “Stigmatised” Housing In Toronto

Back in 2017, a home went onto the Toronto market, stayed for over 100 days and eventually sold for $74,000 under the asking price of $675,000… Why, you ask?

A little term we like to call “Stigmatised” housing –  Aside from the obviously run-down appearance of said house, social media all over the city just couldn’t keep the secrets from the poor houses’s past from escalating. Whether it be a history of criminal activity, debt, serious illness/death or supernatural phenomena to name a few – Stigmatised housing rarely has anything to do with the physical appearance of the home, but rather the secrets/rumours that resided inside at one point in time.

Sellers are not required to disclose any such details to potential buyers unless it affects the physical condition of the property, and despite however many stigmas are attached to a property’s past, most are considered irrelevant to a real estate transaction.

One Broker Of Record in Toronto shares his frequent experience with Chinese buyers in Toronto – He says almost 100% of them always bring up the question of whether there has been a death in the home, often related to the belief of Feng Shui and the energies such an event would hold inside a home. On the latter, one could claim that not disclosing a death in the home in a predominately Chinese neighbourhood could affect the resale value if that information was ever let out. If known to the seller but undisclosed, could be a cause for litigation.

As a buyer – it is best to include a clause in your contract that asks for a warranty that all such information if known to the seller, has been disclosed. And as a seller – the best advise is to disclose are much information as possible.

The bottom line is that technically there is no law requiring sellers to disclose any information that does not impact the physical condition of the property, but if you feel at all uncomfortable with any sort of stigmas attached to said property, it’s best to speak to your agent about it.

We would love to help you if you are currently facing a similar issue with buying or selling a property! Please give us a call any time! We have fabulous agents just waiting to assist you in your journey.

Sutton Group Realty Systems Inc., Brokerage

416-896-3333 / 905-896-3333

www.SuttonRealty.com

 

Looking To Sell Your Property To Foreign Buyers? Here’s What You Need To Know

In 2018 there was an 83% drop in Chinese investment in the U.S, reasons vary from the Chinese government’s restrictions on outbound investments/more strict regulations on the U.S side, causing overseas real estate sales to slow drop drastically in China.

Despite the decrease in overseas investments, a few real estate analysts predict that luxury home sellers should consider targeting other groups of buyers from Latin America & Europe, while focusing on the long-term investment of their properties.

Among China, other top investors for residential real estate in the U.S include Canada, The U.K., India & Mexico – While Canada and the U.K seem to attract more European buyers… Sellers in those regions may want to keep their eyes on these groups of buyers.

Sellers must brace themselves for the possibility of their home being on the market for longer than what’s ideal, despite nationality, international investors seem to be making their decisions with greater deliberation. Location and the type of property should be kept in mind.

The most popular of sales for foreign buyers seem to be boutique apartments, penthouses, prestige homes in the most sought-after suburbs and heritage homes with big surrounding land, as well as newer developments with well-known architects names’ attached. Foreign buyers are also looking for quality from investors, sophisticated architecture, well funded and experienced developers who are behind the project. Property that will generate rental income is also a huge factor.

International investment shrank last year in Canada (namely Toronto & Vancouver), in result of new taxes for foreign buyers. Chinese buyers in particular are seeming to purchase in Montreal instead, due to the affordability and education opportunities. Particularly homes that are furnished or developments that come with luxe amenities like pools & garages which are rather rare in China.

There has also been an “explosion of immigration toward Canada”. Buyers are coming from Switzerland, France, Belgium & French Africa, so Montreal is obviously a great option, while Americans are heading back as well, due to the exchange rate.

Looking for more tips on how to make your home more appealing to foreign buyers? Do not hesitate to give us a call! We have the most knowledgeable staff, ready to guide you through the process of buying & selling!

Sutton Group Realty Systems Inc., Brokerage

416-896-3333 / 905-896-3333

www.SuttonRealty.com

Tour Mississauga’s Most Expensive Luxury Condos at Square One!

Once of a lifetime opportunity – so exciting we’re featured in the Toronto Star!  Sutton is hosting an Open House this weekend at the Top of Absolute World! Tour the gorgeous penthouses of 50 and 60 Absolute and check out the view from the most expensive condos in peel!
 
March 16th and 17th from 2-4pm. Call 905-896-3333 for more details
 
 
Stunning 2 Bedroom Penthouses In The Absolute World Towers, The Tallest Buildings In Mississauga! Over 1600Sq.Ft Plus 400 Sq.Ft Wrap Around Balcony.
 
An Entertainer’s Delight With Open Concept Kitchen And Living/Dining Areas. Extremely Spacious Master Bedroom, With Sitting Area, Media Wall, Fireplace, Walk In Closet, Luxurious Ensuite Featuring Steam Shower And 2 Person Infinity Bathtub. Automated Lighting & Blinds W/An In-Suite Sound System.   Exquisite Sunset Views Of Downtown Mississauga, And The Lake!
 
You Must See This Suite To Fully Experience The Luxury!
 
Sutton Group Realty Systems 905-896-3333
Inc Brokerage Independently Owned and Operated
 
Square One Luxury Condos, Downtown Mississauga, Absolute World
 
Absolute Penthouse Kitchen

Stunning Eat-In Kitchen With High End Appliances

Absolute Mississauga Penthouse Photos

Incredible Views From Floor to Ceiling Windows

Absolute Penthouse Condos

Master Features Sitting Area and Fireplace!

Absolute Condos Balcony Views

You’re On Top Of The World! Watch The Sun Set Over The GTA

You Must See This Suite To Fully Experience The Luxury!
 
Sutton Group Realty Systems 905-896-3333
Inc Brokerage Independently Owned and Operated
 
Square One Luxury Condos, Downtown Mississauga, Absolute World

Toronto Condo Market Statistics 2017-2018

The Toronto Real Estate Board has released condominium apartment sales statistics from the GTA. As it turns out, Realtors have reported 5,191 sales through TREB’s MLS system in the fourth quarter of 2018, a result which showed sales were down 9.9 per cent compared to 2017.

Condo listings entered into the MLS system were also down by 11.2 per cent from 8,186 in 2017 to 7,272 in 2018!

Pricing for condominium apartments have increased by 8.3 per cent from $516,086 in 2017 to $558,728 in 2018. Each year the growth in price gets slightly higher, accounting for 72 per cent of transactions, resulting in an average price of $598,664.

Condo apartment sales by price range in GTAhttp://www.condominiumtoronto.ca

Looking for the best prices in condos for sale and rent?

Give us a call today – We would love to help you find your perfect new home!

Sutton Group Realty Systems Inc., Brokerage

416-896-3333 / 905-896-3333

www.SuttonRealty.com

Grand Opening at Tanu Condos in Port Credit – Amazing Location – Outstanding Development!

If you didnt have a chance yesterday to join us for the Grand Opening of the TanU Condos today here are a few shots of the model display to give you a better idea of how impressive this new development in Port Credit truly is.

Ideal location – steps to the Port Credit Go, minutes to downtown Toronto
There is nothing like Spring and Summer in Port Credit; strolling down by the shops, pubs and restaurants.  Enjoying the trails and parks.
Its the best location for first time buyers looking for a convenient location for easy commutes.   Empty Nesters and Retirees will love the 2 and 3 bedroom floor plans offered.  The Developer is definitely offering condo sizing that’s rare in today’s market.   A few fortunate buyers will also be able to view the town homes!
Family friendly for those looking to an excellent school district!
Prices for the 1 bedrooms start at: $536,900
Prices for 2 Bedrooms: $728,900
Prices for 3 Bedrooms: $902,900
For a complete up-to-date price list along with floor plans call us today.  Sutton Group Realty 905-896-3333