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For Rent: 1 bedroom in prime Liberty Village, Toronto

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Fri, 10 Jul 2009 13:22:07 -0500

Prime Liberty Village. Smoke free! Aproximately 500 square foot One Bedroom with central air, ensuite laundry and a large outdoor terrace. Cozy property suits two people. Located in one of the trendiest areas of Downtown Toronto. Freshly painted and in immaculate condition.

Rent includes fridge, stove, built-in dishwasher, washer, dryer, all window covering, all electrical light fixtures and gas barbeque on the terrace! Pets are OK. No parking or locker, however permit parking on the street is available. Water, Hydro & Gas are not included and should run approximately $50.00-$80.00 per month.

A credit check, employment letter & rental application will be required. First and last month deposit must be by certified cheque or bank draft. For more details, click here.

Greater Toronto Real Estate shows the best June Results ever!

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Wed, 08 Jul 2009 13:00:47 -0500

The real estate market in the Greater Toronto Area continued to show great strength in the month of June by posting a record for sales. In total 10,955 sales took place in June 2009 compared to the same period in 2008. That represented a whopping 27% increase over the same period in 2008. Prices were up a modest 2% over last year, as well. Over-all, it appears that the Canadian real estate market is showing strength, compared to what we saw in the October 2008-February 2009 timeframe.

To read more, click (or copy and paste to your browser address line) on the following link: http://www.gtamoves.com/Market_Watch/page_2168648.html

More good news for the Toronto & GTA Real Estate Market for the first half of June!

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Wed, 17 Jun 2009 11:19:36 -0500

The resale market in Toronto and the GTA continues to gain momentum. In the first half of June sales are up 19% and prices are up 2% over the same period last year. Over-all inventory is down a bit, which has made for more of a balanced market. However, bidding wars have re-appeared and are also occurring in areas of the GTA where that has't occurred previously.

To view the statistics visit my website by following this link: http://www.gtamoves.com/Market_Watch/page_2168648.html

It's always a good time to buy!

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Wed, 17 Jun 2009 13:08:32 -0500

Now is a good time to jump into the market. The real estate market in Toronto, Mississauga and the GTA has come back to life. It's always a Buyer's Market, no matter what the statistics say! Remember, even during slow times, thousands of people in Toronto & the GTA buy and sell homes. Properties are selling quicker and, at times, in multiple offer situations. Things like this may be occurring, but you can still take a more liesurely approach to your home search; it wasn't such a fun experience during the boom days, when you could spend more time choosing your next pair of new shoes than the home you wanted to buy! Many are now taking advantage of the incentives and programs available to them. For example:

Using up to $20,000.00 in RRSP's for your down payment
5% down payment
Ontario & City of Toronto Land Transfer Tax rebates for first time buyers
A conventional mortgage is now available with a 20% down payment instead of 25%
low, low interest rates
Up to 35 year mortgage amortization periods
Government of Canada tax credits for home improvements
Well priced properties

You know now is the time to buy. If demand continues this strong, prices are more than likely going to start creeping up. Visit my website www.gtamoves.com or www.vitopirri.com .

401-800 Spadina Road in Toronto has Sold!

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Wed, 10 Jun 2009 11:57:27 -0500

401-800 Spadina Rd. in Forest Hill is Sold!

Forest Hill, Toronto - The condominium at 401-800 Spadina Rd. has been sold. Click on the Property Infomation Link below to view the listing on my website www.gtamoves.com. The market in Toronto has gained momentum. The offer on this property came in less than 2 weeks after it was listed for sale, which was a record short listing for the particular building. The final condition was waived yesterday! If you have a similar property to sell please contact me.

Property information

If you're considering the purchase of a similar property, I'd be pleased as punch to assist you in finding your next home!

Where's our Toronto summer?

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Tue, 09 Jun 2009 11:51:59 -0500

The only thing summery right now are the long days, over 15 hours of daylight today. However, the weather is positively Octoberish. Cool, overcast and rainy. I can't wait for the heat and humidity. You think it will ever come? The weather lately makes me want to cozy up in a blanket, eat comfort food and watch movies! Better weather is better for the real estate market! Am I the only one who feels this way?

Remember "Rumour has it 22 offers?"

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Wed, 03 Jun 2009 12:25:29 -0500

Well, the property finally sold. When it was first put on the market, it was listed for $299,000.00. It had been taken back to the rafters, studs and floor boards. Then they received 22 offers. The property was conditionally sold, but that fell through. The property was then relisted at 329,000.00. I don't know how many offers were received at that pricepoint, but there was obviously more than one as the property sold for well over the list price. The property is located at 832 Escobar Cres. in Mississauga, and the MLS number was W1588447.

What Toronto & GTA resale properties sold for in April 2009

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Wed, 03 Jun 2009 12:07:55 -0500

The percentages of homes selling in specific price ranges in the Toronto real estate market. For the most current statistics, visit my website www.gtamoves.com or www.vitopirri.com

Good news for the Toronto & GTA Real Estate Market in May.

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Tue, 02 Jun 2009 14:54:05 -0500

The Toronto/GTA Real Estate Market posted it's first year over year gain since 2007 as May 2009 put in a strong performance. Prices are down, but only very very slightly.

Actually, the market started to show signs of life in February and has been gaining momentum since. The summer should carry it's usual slow down, July and August are normally very slow. However, if the market continues its momentum in the Fall, then I think we have a real recovery on our hands.

Click the link that follows to view the report on my website www.gtamoves.com, or cut and paste into your browser's address line: http://www.gtamoves.com/Market_Watch/page_2168648.html

New Report: Gen "X'ers" have new found purchasing power when it comes to Recreation Property

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Tue, 02 Jun 2009 11:50:00 -0500

Here is quite an interesting report from Remax detailing how "Generation X" purchasers are ready to jump up and replace the "Baby Boomer" as the major purchasing force when it comes to buying recreation properties.

It's a good read!

Click the following link or copy and past to your browser address line:

http://www.remax-oa.com/MediaNewsroom/Pages/ReadMore.aspx?ItemID=48

$595,000.00: 3 Bedrooms for sale in prime Etobicoke location

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Wed, 27 May 2009 12:24:39 -0500

Great 3 bedroom home in a prime Etobicoke location. Situated minutes away from Islington Village, the Kingsway, Sherway Gardens and more. Click the link, or copy and paste into your browser address window: http://www.gtamoves.com/Toronto/Ontario/Homes/W08/Eatonville/Agent/Listing_2884161.html

Open house. Sunday May 24, 2009. 800 Spadina Road, Toronto. 2 bedroom. CAD275,000.00

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Sat, 23 May 2009 15:31:34 -0500

Forest Hill. Spadina/Eglinton, Toronto - You are invited to visit my open house at 401-800 Spadina Rd in Toronto Sunday May 24, 2009, from 2 p.m. to 4 p.m.

Come for a visit, it feels like home!

CLICK HERE FOR PROPERTY INFORMATION

Open house. Saturday May 23, 2009. 800 Spadina Road, Toronto. 2 bedroom. CAD275,000.00

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Fri, 22 May 2009 09:45:22 -0500

Forest Hill. Spadina/Eglinton, Toronto - You are invited to visit my open house at 401-800 Spadina Rd in Toronto Saturday May 23, 2009, from 2 p.m. to 4 p.m.

CLICK HERE FOR PROPERTY INFORMATION

Saturday May 23 Open House 800 Spadina Road, Toronto. 2 bedroom. CAD275,000.00

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Sun, 17 May 2009 08:41:29 -0500

Spadina/Eglinton, Toronto - You are invited to visit my open house at 401-800 Spadina Rd in Toronto on Saturday May 23, 2009, from 2 p.m. to 4 p.m.

CLICK HERE FOR PROPERTY INFORMATION

Month-end April resale stats for Toronto & the GTA

Vito Pirri (Re/Max Diamond Realty Inc., Brokerage) — Thu, 21 May 2009 13:34:18 -0500

Here are the end of April resale stats for Toronto & the GTA. The May mid-month stats are posted on my website, www.gtamoves.com or www.vitopirri.com .

Greater Toronto REALTORS® report 8,107 Resales in April.

Toronto, May 6, 2009 - In April 2009, Greater Toronto REALTORS® reported 8,107 sales - down seven percent from April 2008. Wile April sales remained lower than last year, the resale housing market gained momentum on a month-over-month basis. The seasonally adjusted annual rate of sales in April, at 80,900, was up 26 per cent from March and up two-thirds compared to January's ten-year low.

"Conditions in the resale housing market have improved markedly this spring," according to TREB President Maureen O'Neill. "Home purchases have increased as household have taken advantage of low interest rates and slight lower home prices."

The average price for April transactions was $385,641 - down three per cent from last year.

"The rate of average price decline continued to diminish last month. This is due in large part to a tightening in the resale market," stated Jason Mercer, TREB's Senior Manager of Market Analysis. "The level of sales relative to new listings increased in April."

Summary of April Sales and Average Price 2009 -2008

City of Toronto ("416"): 2009 Sales = 3,222 Avg Price = $421,470 2008 Sales = 3,467 Avg Price = $446,781

GTA: 2009 Sales = 8,107 Avg Price = $385,641 2008 Sales = 8,762 Avg Price = $398,687

Rest of GTA ("905"): 2009 Sales = 4,885 Avg Price = $362,009 2008 Sales = 5,295 Avg Price = $370,274