160 Baldwin St., Loft for sale!

Super Opportunity to own a spacious loft 

in the Kensington Market Neighbourhood!

• around 1000 sq ft.
• 1 bedroom
• 1x4 pc bath
• 1 parking & 1 locker
• hardwood floors
• Juliette balcony
• open concept, living-dining-kitchen

Patricia Katz: 416-879-2094

patriciakatzrealestate@gmail.com

FREE CUSTOM HOME EVALUATION AVAILABLE

Sutton Group-Associates Realty Inc., Brokerage

BUYER'S CHECKLIST

Patricia: 416-879-2094
patriciakatzrealestate@gmail.com

PatriciaKatzToronto RealEstate Facebook

1. Do your homework-some questions to answer: 

• find out about how much house/condo you can afford?
• what neighbourhood is right for you?
• what do you need in a home; eg. bedrooms, baths, parking, space to rent out?
• can you do some fix-ups or do you only want a house/condo in move-in condition?
• check out the internet to find out about house prices, neighbourhoods, amenities etc.

2. Contact an agent after determing neighbourhoods, affordability, needs etc:

• your full-time professional real estate agent will provide a contract outlining responsibilities of buyer and agent
• make sure you understand the contract and what you are signing 
• ask questions and seek independent legal advice if you wish a 2nd opinion

3. Ask your agent:

•  age and condition of the property's systems, such as plumbing and electrical
• if permits were pulled for any renovations
• to provide 3 names of professional house inspectors
• to find out recent sales of similar properties in the same neighbourhood
• to provide the names of 3 real estate lawyers if you don't have one

4.  Budget for the following:

• legal fees
• Land Transfer Tax(es); Ontario Land Transfer Tax & for a Toronto purchase, Toronto Land Transfer Tax
• mortgage Insurance if necessary
• utility hook-ups
• home inspection
• home appraisal
• survey for freehold property if necessary
• status certificate for condo
• title insurance
• moving costs
• some house/condo re-decorating, repairs

5. The offer to buy:

• make as detailed as possible
• outline what will be included, light fixtures, appliances, survey, keys etc
• conditions re professional house inspection, mortgage financing, sale of your existing home, and or other factors which are important
• if you are involved in a bidding war: enter with a strategy; keep in mind what you want in a home, what is the maximum you are willing to spend and what conditions must be met. Once your rules are set, stick to them. It can be tempting to waive your conditions (such as home inspection and or mortgage financing) but think carefully before doing this! 

6. Expect the Unexpected:

• does your closing date on your new home/condo align with when you need to move out of your existing home
• have a contingency plan in case the dates don't match up
• if the Seller of your new home doesn't or can't move out on the date set for your move-in

A registered real estate professional can help you navigate the many steps and decisions involved in the home buying process.!

Patricia Katz, Broker: 416-879-3094

patriciakatzrealestate@gmail.com

Sutton Group-Associates Realty Inc., Brokerage

PRIME YONGE-FINCH RENTAL

• 2 bedrooms + den
• 2 baths
• open concept living-dining with wood floors
• master bedroom has ensuite 3 pc bath and walk-in closet
• 2 walk-outs to balcony
• 1 parking & 1 locker included
• 5 min walk to Finch subway
• super amenities include: concierge, visitor parking, indoor swimming pool, gym, party room etc.
• $2700 per month

 for details: patriciakatzrealestate@gmail.com

Patricia Katz, Broker: 416-879-2094

Sutton Group-Associates Realty Inc., Brokerage

Market Watch - September 2018

Average Price by Major Home Type for September 2018

Type	416	905
Detached	$1,342,363	$905,722
Semi-Detached	$995,951	$661,907
Townhouse	$743,721	$600,947
Condo Apartment	$615,582	$455,686

for details: patriciakatzrealestate@gmail.com

Patricia Katz, Broker: 416-879-2094

Sutton Group-Associates Realty Inc., Brokerage

ONTARIO LANDLORDSNEW STANDARD LEASE FORM

What Landlords NEED to know when renting  

apts (duplex, triplex, fourplex etc), 

condos, houses or basement apts in Ontario

• The New Ontario Government Standard Lease Form must be used for any tenancy agreement after April 30, 2018
• If this New Lease Form is NOT provided, the tenant can demand one
• When the tenant demands this New Form, it must be provided within 21 days from request
• If not provided within the 21 days, the tenant can withhold up to one month's rent
• If not provided within 30 days from request, then the tenant can terminate any lease by giving 60 days notice
• If new terms are added after the lease has been signed, the tenant can terminate the lease by giving 60 days notice
• If the tenant does not request the New Lease Form, then the Landlord can consider using their own lease & no penalty if the New Lease Form is not requested by the prospective tenant

Contact Patricia for a FREE CONSULTATION 

 re rental agreements & property evaluations

Patricia Katz, Broker: 416-879-2094

patriciakatzrealestate@gmail.com

Sutton Group-Associates Realty Inc., Brokerage

KITEC PLUMBING

KITEC PLUMBING - a big deal!!!

this plumbing is found in houses, townhouses or condos that were 
built or renovated 

between 1995 - 2007

• results in leaks, clogged drains, poor water pressure etc.
• can have issues obtaining insurance, check with your provider
• BUYERS: have a qualified home inspection
• SELLERS: have a qualified plumber check your property
• SELLERS: if you know that that there is Kitec plumbing. you must DISCLOSE
• can result in lower selling price
• CONDO OWNER is responsible for cost of the repair
• CONDO CORPORATION does NOT pay for cost of repair
• have your real estate agent research the property that you want

FACEBOOK

FREE CONSULTATION for all your real estate needs

patriciakatzrealestate@gmail.com

Patricia : 416-879-2094

Patricia Katz, Broker

Sutton Group-Associates Realty Inc., Brokerage

PEDESTRIAN SUNDAYS in KENSINGTON MARKETFREE

dATES 2018: 

Sunday June 24, July 29, august 26, september 30, & october 28

time: 12 noon - 7:00 pm

Community - Culture - Ecology

Music, food, dancing, events

• showcase the  unique independent business community in the market. 
• booths not rented to outside vendors. 

 ARTISTS, MUSICIANS, PERFORMERS wishing to get involved should send a  description of what you do to: pskensington@gmail.com

For information:
Patricia: 416-879-2094
patriciakatzrealestate@gmail.com
Patricia katz, Broker


Sutton group-associates realty inc., Brokerage

CONDO SOLD in 3 DAYS!steps to the Promenade in Vaughan ON

• 1222 sq ft
• master with ensuite bath and walk-in closet
• 2nd bathroom & laundry room can accommodate side-by-side washer and dryer
• outdoor inground swimming pool, tennis court, gym and many other amenities
• parking
• parklike view

FREE CUSTOM HOME EVALUATION AVAILABLE!

Patricia: 416-879-2094

patriciakatzrealestate@gmail.com

Patricia Katz, Broker

Sutton Group-Associates Realty Inc., Brokerage

Market Watch- April 2018

Market Watch- April 2018

Kensington Market-Chinatown Condo Sales (C01)

1st Q 2018 as reported by TREB

Square Footage	Average Sale Price
0-499	$403,458
500-599	$499,571
600-699	$525,790
700-799	$507,124
800-899	$608,000
900-999	$588,750
1000-1199	$864,333
1200-1399	$1,051,250
1400-1599	$1,081,000

21 Nassau St. & 160 Baldwin St. Sales in 1st Quarter of 2018

• 600-699 sq ft: $621,000
• 700-799 sq ft: $505,000

Call for a  FREE CUSTOM REPORT to find out the value of your home!

Patricia: 416-879-2094

patriciakatzrealestate@gmail.com

Patricia Katz, Broker

Sutton Group-Associates Realty Inc., Brokerage

Market Watch- March 2018

KENSINGTON MARKET SALES REPORT

SOLDS in 2018

TOTAL RENOVATION!
*Single family home

DETACHED - NEEDS RENOVATION!
*3 kitchens
*2 baths

SEMI-DETACHED
*3 kitchens
*3 baths
*pkg

ROW HOUSE

*3 kitchens

*3 baths

For details:

Patricia: 416-879-2094

patriciakatzrealestate@gmail.com

Patricia Katz, Broker

Sutton Group-Associates Realty Inc., Brokerage

TIPS FOR BUYING a TORONTO CONDO in 2018

Affordability:

• 2017 condo market prices increased by almost 20%
• 2018 condo prices are still affordable when compared to single family home

New Build vs. Resale:

• pre-construction prices are matching and sometimes exceeding the prices of existing condos
• an existing condo can be lived in or rented out as soon as it is purchased - which creates and immediate financial benefit
• pre-construction can take up to 4 or 5 years to finish and your money (the deposit) isn't earning 
• to maximize amount of space for your budget, consider older buildings - buldings as young as 10 years old have significantly larger floor plans than new buildings and the price per square foot is lower

Amenities:

• every condo amenity expense which is covered by the maintenance fees
• an example of an amenity is a swimming pool, which typically adds approx $50 per month to an owner's maintenance fees
• sharing the cost of amenities whith multiple condo buildings can be a smart investment as the cost is lowered when divided among more owners
• larger amenity spaces tend to be more frequently used and so usually are better maintained than amenity spaces in smaller buildings

Maintence Fees Inclusions:

• can include: heat, hydro, building insurance,  TV, internet, upkeep of common elements such as hallways, outdoor spaces, amenities and other items (hydro, heat, TV, internet, telephone can be on top of maintenance fees depending on the development)

Condo Renovation:

• great investment 
• cost-effective compared to renovating a house 
• biggest cost is finishing materials, such as flooring, counters, appliances
• usually no structural work, or no major plumbing or electrical work as in a house

Condo Dens:

• depending on size, condo dens can be converted to an extra bedroom
• installing a wall & door is an inexpensive renovation
• converting den to extra bedroom is easy way to increase the value 
• eg: listing a 3 bedroom condo rather than a 2 bedroom + den may increase the sale price
• purchasing a condo with a good-sized den which could be converted to an extra bedroom presents an opportunity to quickly and inexpensively add value to the unit 
• for investors: the ability to rent out an extra bedroom makes money sense as more tenants are shring condos due to the increase in rental prices

For Custom Report contact Patricia: 
416-879-2094

patriciakatzrealestate@gmail.com

Patricia Katz, Broker*

Sutton Group-Associates Realty Inc., Brokerage

KENSINGTON MARKET LOFTS Real Estate Activity 160 Baldwin St. & 21 Nassau St.

ACTIVITY IN 2017:

160 Baldwin St. Average Sold Prices as Reported by TREB

• 700-799 sq ft.: $465,000
• 900-999 sq ft: $664,000
• 1200-1399 sq ft: $880,000

21 Nassau St. as Reported by TREB

• NO SALES

As of March 5, 2018: no units currently for sale

For details: Patricia 416-879-2094
patriciakatzrealestate@gmail.com

Sutton Group-Associates Realty Inc., Brokerage

TREB Market Watch - January 2018

745 sq ft unit For Sale now!near Yorkdale & York UDownsview Subway Station

• all done with balcony
• 1 bedroom with ensuite bath and walk-in closet
• good-size den could be 2nd bedroom
• open concept living-dining-kitchen
• powder room
• 1 owned parking
• 1 owned spacious locker
• stainless steel stove, refrigerator, built-in microwave, built-in dishwasher
• white stacked washer-dryer
• laminate floors
• immaculate move-in condition
  
  
  
  
   Call Patricia for details: 416-879-2094
  
  

Patricia: patriciakatzrealestate@gmail.com

Patricia Katz, Broker

Sutton Group-Associates Realty Inc., Brokerage

TREB Real Estate Market Reports for 2017

Condo Average Sale Price for Toronto,Richmond Hill & Vaughan in Q4 2017 & Q3 2017 b

TREB AREA	4th Quarter 2017	3rd Quarter 2017
Central Toronto	$616,314	$603,5524
West Toronto	$449,402	$440,686
East Toronto	$396,141	$392,071
Richmond Hill	$447,694	$435,741
Vaughan	$521,583	$511,312

Average Rental Price of Condo Apartments in the GTA in

Q4 2017 & Q3 2017

Bedroom Type	4th Quarter 2017	3rd Quarter 2017
Bachelor	$1670	$1672
1 bedroom	$1970	$1976
2 bedroom	$2627	$2607
3 bedroom	$3524	$3234

Average Rental Price of Condo Townhouses in the GTA

in Q4 2017 & Q3 2017

Bedroom Type	4th Quarter 2017	3rd Quarter 2017
Bachelor	$1458	$1600
1 bedroom	$1726	$1783
2 bedroom	$2115	$2138
3 bedroom	$2301	$2393

For Information Call Patricia: 

416-879-2094

Patricia Katz, Broker

Free Market Evaluation

patriciakatzrealestate@gmail.com