If you are looking for a well established neighbourhood that has many luxuries nearby, then Blue Diamond Condominiums is what you are looking for. Located in Forest Hill at Avenue and St. Clair. The condo will have a sweeping view of the city and the forest hill escarpment.
This development by Camrost-Felcorp is currently in preconstruction. They will offer 8 different floor plan at roughly around 660 dollar per square foot. Suits sizes will vary from 485 to 1,225 square feet. There will be a total of 292 units and 28 storeys. The prices will range from $300’s to $800s. There will be a handful of Townhomes and space for retail on ground level.
Amenities will include a theatre room, exercise room, games room, guest suites, golf simulator, indoor pool / spa, library, yoga and pilates studio, dining area, sculpture garden, and squash courts.
Meet the development team:
Camrost-Felcorp are considered to be an industry leader with over 35 years creating landmark condominiums in Toronto. They have created thousands of residences, office and retail space.
Era Architects excel in heritage conservation, urban and rural planning, landscape and urban design. Their current work includes the Distillery District Maple Leaf Gardens, Evergreen Brick Works, Union Station and Artscape Wychwood Barns.
Diamond Schmitt Architects is a full service architectural practice that work around the world.
Blue Diamond Condos will be offering platinum vip access to these guys. Check out the website, and register to receive first access.
Today I would like to talk to you about the real estate market and how you can make it work for you. With the interest rates so low it is a great time to purchase a new home or even look into a pre construction homes. Condos are a pretty good idea as well but you have to be on the inside track or have a connection to a VIP real estate agent to get the best possible deal. To me its seems when condos and homes are launched to the general public it is already to late and you are paying a premium for the unit.
Either way you have to know what you are looking for, if have a family a home would probably work best for you. On the other hand if you are single or not planning of making a family in the near future a condo will be the best option for you. I mean it is all about lifestyle and what your needs are at the moment and in the near future.
Now lets take a look at some of the options you have in the real estate market when it comes to buying a new property. There are many real estate listings out there but get an edge on the market you should look into pre construction property. The difference in price may be huge and you will have several years to save some extra money before your mortgage starts. Pre construction homes and condos usually have a payment method that may help you putting down that precious 20% that will save you thousands on your mortgage in the long run. I have a great investment that I would like to refer you to, my good friend has just purchased a unit and he can not be any happier. Take a look at the Yorkdale Condos, they are located in the heart of the city and could potentially be the project of the year. My friend is an investor and he basically said that this will be an amazing investment for the future. If you are interested in this development please check out the official website at www.the-yorkdale-condo.ca.
Yorkdale is one of the hottest neighbors that you can live in! With a wealth of restaurants, cafes, lounges, and hot spots. You can usually spot a celebrity at any given day of the week. Now imagine living in one of the most sought after condos!
Look at this beautiful building!
Register today at www.the-yorkdale-condo.ca
As a fast and easy home upgrade, new carpet can work wonders. Carpet installation is normally done by the business that sells the product but it is not overly complicated if you understand the fundamentals of how to install carpet, get some assistance, and have the right equipment.
Types of Carpet
There are many different types of carpet available including:
These carpets are made of wool loops and are generally considered to be unsuitable for homes with small children or animals because they require frequent maintenance and cleaning.
Cable carpets are made of thick and twisted yarns of wool and work well with children and pets. The carpets are soft and if maintained properly and cleaned regularly will last a long time.
Plush carpets are created from tufts of yarn that are all cut off at the same length. The level surface of a plush carpet makes it easy to clean but they do show track marks because all the tufts lean in one direction.
What Are Rugs?
A rug is a smaller piece of carpet or a floor covering made of soft material to cover an empty space on a floor. Floor rugs are usually made of tufted loops of wool and can be purchased in many different sizes and designs. Examples of types of rugs include:
This type of rug is usually made of plastic, rubber, or any other material that can be used outside on porches, balconies, and patios. Often they are intended as a means for visitors to wipe their shoes before coming into the home.
Blankets and Fleece Rugs
Blankets and fleece rugs help chase away the cold and are nice to keep handy when the weather is chilly. Making some fleece rugs available in the living room is a cosy touch during the winter months.
What to Consider before Selecting Carpets?
Often times you can get samples from your local carpet shop to compare with your home furnishings to find a good match with your existing decor. You can choose to go for discount rugs if you have a small budget but regardless, be sure to find the best carpet prices by doing your research into any special offers. Always consider the lifestyle of your household. Will there be a lot of wear and tear on the carpet of will it receive only light, occasional use? Do you want a high or low maintenance carpet? Do you have children or pets that run around a lot? Pick the carpet that best suits the life of your house and take precise measurements of your rooms before purchasing.
You have heard of home sellers offering vacations, cash incentives, etc. if someone will purchase their home, right? Well did you hear the one about the Pennsylvania couple who is offering themselves?This is a new one to me, but you just never know what ideas people will come up with to sell their home. This particular couple is saying that if someone comes in and buys their home (they’re asking about $400,000), they will give the buyer all of that money back plus $100,000. Wow!
But wait, if I understand right, the catch is that the buyer has to wait until both sellers die before they get the money back. In addition to that, if the buyer agrees to take care of seller couple in their retirement years, they will inherit their retirement home. That brings the inheritance up to about $500,000. The buyers do have to agree to one thing: when the couple dies, they have to be shown to have died of natural causes or else the deal is off. At first I wondered at this stipulation but then I thought a little more deviously and the reasoning became clear.
Is this the direction the market is headed? They say a changing market brings changing methods of doing business and after reading this story, they’re absolutely right!
Home builders come in all shapes and sizes. You may know of “custom”, cookie-cutter, small, large, luxury, or any other number of labels to attach to certain builders. Every buyer is different and therefore will choose a builder based on their specific needs. But may I suggest one common characteristic that your builder should and must have before they earn your business: a strong track record of outstanding customer service.
Lately I’ve heard story after story from friends who have had horrible experiences with their builders. Not unforeseen disaster experiences but experiences that could have been avoided by great customer service. I understand it’s a tough market but they must understand that these horror stories spread like wildfire and can slowly tarnish reputations.
Here are a few suggestions that may help if you are considering or already are building a home.
1) Thoroughly understand what your base price is plus what your upgrades will add to that cost. You do not want to be like the couple I know of whose builder basically dropped off the face of the earth and then at closing told them that they owed $200,000 more than they were expecting. Constant communication and more importantly, documentation of what your costs will be is very important. Your agent should take care of this, but make sure you have an agent that’s on your side and not the builder’s.
2) Find out what the builder will do if something goes wrong. Will they send someone out to take care of it? Will they tell you that you’re one your own? This may require that you speak to some people who have dealt with them before. Many people claim that the larger more established builders are better in this respect than the smaller ones. That may depend on how many people you talk to, but I think there’s some truth to it.
3) This goes along with number two, but ask neighbors who already live there and used your builder. Ask them if their building process went seamlessly. If they had problems, did the builder take care of it promptly? Was he nice about it or did he act like you were putting him out?
Thankfully, many builders to a great job and they take care of their clients. Just make sure you know your stuff or have an agent that knows theirs in case you build with someone who doesn’t
Today I would like to say a little something to anyone who might be considering renting instead of purchasing a home.
Have you ever had someone tell you that renting is a necessary evil at best and that you should avoid it at all costs? I’ve heard that more than a few times. The rent vs. buy debate is possibly as old as real estate itself and there will always be those who take one extreme position over the other. I am directing my comments to those people who have always been told that there are no benefits to renting yet necessarily find themselves faced with that option.
Let’s face it. You may not be able to purchase a home right now. You may have less than perfect credit, lack of credit, no possibility of saving enough for a down payment right now, or a number of other obstacles in your way. So you may just have to rent for now. Just for now. But let’s take this opportunity to look at the upsides of renting before you hyperventilate. How wonderful that you have no ties to the dwelling you live in! Yes you may have to stay for 6 months or a year, but when that time is up, you can pick up and leave. That’s it. It’s done. You’re out. You don’t have to hire a REALTOR to sell your home, you don’t have to pay that REALTOR any fees, and you don’t have to worry that the new tenant might not take care of your baby as well as you did while you were there.
In addition, if you have to pay any utilities while you’re in your apartment, they’re probably minimal. You of course don’t have to pay property taxes. I doubt you have to pay for any normal wear and tear repairs that might come up. You don’t have to get up and mow the lawn every Saturday during the summer, and neither do you have to shovel all that snow in the winter. Let the landlord take care of that.
See? If you must rent, there is an upside. But if you are like most renters you will want to purchase some day. That’s a wonderful goal and you should desire it. It will happen, but you must look at this time that you are renting as a time of preparation. All that money that you aren’t spending on maintenance and utilities should go into savings for a down payment. Get your finances into order with the help of a trained professional. Talk to a mortgage consultant about what you need to to get into a house when the time comes. Consult a real estate professional to find out where you might be able to buy when you are ready for that. Just be disciplined with your money and you’ll achieve your dream of getting into a home.
Please just don’t get into a home when you are not ready. You do not want to be a foreclosure statistic. What you can afford is different than what you should afford. Being house poor is not a fun thing, so don’t let it happen to you. Don’t feel rushed to keep up and you’ll be fine.
If you are a first time home buyer, the first thing you are going to have to think about is financing. Should you go through your bank? Through a credit union? What other options are available?
The first place you should call is your bank. They will be able to tell you what they have to offer and today’s rates. Many banks will over you a reduced rate if you are a current customer and choose direct withdrawl for your payment.
Afterwards, call around. Call various banks and credit unions. Find out from the credit union if you get a reduced rate if you are a member.
Alternate places to get loans: HUD, Veterans Affairs (if you are a military veteran), or sometimes a personal loan.
HUD – Meet with your local HUD office. Many HUD offices offer Grants to cover your PMI and a percentage of your down payment. These grants are not always financial need based.
Grants.gov – Excellent source for all government grants available for first time home buyers.
State grants – many states offer first time home owners grants. Most of these are to help pay towards your down payment to avoid PMI payments.
Remember, if it is a grant, you do not need to pay the funds back.
Your Realtor and your financing officer may or may not know about these options, so do your own research online.
If you listen to people in real estate, there is a time to buy and a time to sell. You buy when interest rates are low, sell when your home value is at its highest to get a good ROI. When is the best time for YOU to buy? This may not be determined by the market at all.
If you are not sure buying a home is for you consider the following:
- Is buying cheaper than renting in your area? Include all costs like insurance, PMI. etc.
- Are you okay with living in one place for more than 5 years?
- Is your job secure?
- Do you have enough money to put a down payment?
- How is your credit score, debit to credit ratio? The higher your score the better the chance you will not only get the loan, but get a super low rate.
You think the above looks okay, your credit score is good and you are ready to move ahead. If not, here are some tips to get you to that point:
- No savings? Open an account have have a portion of your income deposited into your savings account automatically.
- Low credit score? Get a secure CD loan. You use your own money to secure the loan and only pay the interest. Pay paying the loan off in the amount of time listed, you will quickly raise your credit score.
Once you have most of the above done, meet with a personal banker. They will help you assess your current situation as well as tell you what loans they have available,. If you are first time home buyer or low income, there are grants available to help you make your first purchase.
If you want to install your own carpet to minimize the carpet installation cost make sure to read up on carpet installation first.
Home improvement and other “do it yourself” shops provide informative brochures and there are many sources of information online. Most home improvement stores will also rent the larger equipment required for stretching your new carpet and securing it in place. What follows is a broad description of the process. You will need a detailed set of instructions before you begin.
Assemble all the recommended carpet installation tools, in particular carpet knives and stretching equipment. You will need someone to help you. Laying carpet is not a one man job. Wear heavy gloves to protect your hands. When you take up the old carpet be sure to clean the area thoroughly with a vacuum. Install carpet padding as required.
Unroll the new carpet and gauge where it will need to be cut to go around architectural features like door frames or fireplace hearths. Lay the carpet and anchor it on one side of the room with carpet nails or other recommended adhesives. Using carpet stretching equipment, make sure the carpet is taut and exactly fits the area before securing the remainder of its perimeter.
Maintenance of Carpets
Use a good quality underlay below the carpet and look for specific carpet cleaning tips to keep your carpet looking great. Use carpet cleaning substances appropriate or recommended for the materials in your carpet and if necessary rent carpet cleaning equipment. In most cases spill and stain issues with carpets can be “spot” cleaned and a professional service engaged once a year or so for deeper cleanings. Many modern carpets are treated to be dirt and stain resistant and will continue to look good with regular vacuuming and yearly cleaning.
The Benefits of Carpets
Carpets in the home generate feelings of warmth and comfort and are ideal if you have children who spend a lot of time playing or watching the television on the floor. Carpet installation can be done for you but with some research on how to install carpet, the project isn’t beyond your skills
Drywall installation has taken the place of the traditional layers of plaster once used to cover and finish bare walls. This method required time and craftsmanship to perform and could take days to dry – longer in humid weather. You don’t need any special skills or training for installing drywall products. It can be done by anyone who is even remotely handy with tools. What is the Drywall made of? Drywall or gypsum board is usually made of a sheet of hard, high quality cardboard or thin sheets of MDF. These boards are covered with plaster and dried. The durable plaster won’t chip or damage easily. The boards can be hammered, screwed and fixed onto nearly any surface. Natural gypsum rock powder is mixed to from a plaster-like soft material that can be applied to the boards and dried. Things to Consider in Using Drywall Drywall prices make it possible to change your walls quickly and inexpensively. The material is easy to install and is a quick fix for a damaged wall. You don’t have to be an expert to install dry wall and you don’t need many tools to perform this task. As a safety material, drywall is a passive form of fire protection as it will slow fires down and prevents them from spreading as quickly. Before Starting Your Work Measure the areas that need the drywall before you purchase any drywall sheets. When measuring start at the ceilings and walls first. Consider the costs of drywall and your budget. Determine how much wall space you need to cover with drywall and how much you want to spend on the project. Compare drywall prices and think about what drywall finishing products you might need. You might for example want to install drywall corner bead for a more finished look. Make sure have the correct tools on hand including a screw gun, a hammer, a carpenter’s knife, and a drywall saw. Use protective sheets for the floors and cover any furniture in the room to protect it against dust. Safety Precautions Make sure to always stay safe when performing “do it yourself” tasks: Wear goggles during drywall installation and also wear a mask to protect your lungs from dust. If possible ventilate the room in which you are working. Make sure that the room that you are working in is well lit. Protect your hands from sharp tools and edges with heavy gloves. Make sure your saw and other drywall tools are sharp. Most cutting injuries are caused by dull blades, not sharp ones. Some people experience skin irritation when working with drywall. Be sure to wash your hands thoroughly and to take a shower and change clothes when your project is finished.