Archives

Building Homes and Knowledge.

Bazis has carefully selected some of Toronto’s best neighbourhoods in which to build. These neighbourhoods feature beautiful surroundings, access to amenities such as fine dining, entertainment and shopping as well as great schools.

Two of our condos (Exhibit and 1 Yorkville) neighbour some of the best private schools in Toronto offering world-class educational opportunities to our families in residence.

Blyth Academy in Yorkville is a private high school for Grade 9-12 focused on personalized education and experiential learning. Located in Yorkville, Blyth partners academically with the ROM and AGO.

Another nearby school is the Rosedale Day School, a small private school for JK to Grade 8. Rosedale also offers remarkable educational partnerships for enriched and global academic experience with the ROM, the AGO, the Royal Conservatory of Music and the University of Toronto. In addition to a strong academic program, the school also offers a complete range of co-curricular activities in the arts, athletics, technology, music.

Branksome Hall, a prestigious school for girls is also located nearby. It is a leading from Junior Kindergarten to Grade 12. In addition to its strong liberal arts curriculum that fosters a balance between academics and other activities, Branksome features an award-winning Athletics and Wellness Centre.

Last but not least, the esteemed St. Michael’s College, a private all-boys Roman Catholic day school for grades 7-12. The school offers an enriched, Catholic, Liberal Arts education complemented by several diverse co-curricular programs and is most notable for its ice hockey and football programs.

Bazis condos are perfect family environments with top-notch education at their doorsteps.

Current Condo Trends

Few types of home are susceptible to trends more than high-rise condos.  By their very nature, condos attract a more progressive, design-oriented, urban buyer, as the newest styles tend to evolve in the city first. Today, we offer a glimpse into what’s currently trending in the condo marketplace.  

Less is More:

When it comes to floor plans & room layouts, less is more with condominium living. When making a condo purchase, buyers tend to be less concerned with square footage, but rather the functionality of the space. For example, rather than have space wasted for a corridor, use it for an additional bathroom or closet. Dividing walls can have shelving and cabinets built into them, as well as working spaces built around windows. Condo owners are very aware of spatial limitations & look for ways to make the very most of these unique areas without waste.  

Double-Duty Furnishings:

The unique floor space of a condo offers opportunities for dual purpose layouts. Take, for example, the dining area – tables can be easily set-up from concealed cabinets for dining and folded back, when done, for extra room. A kitchen island can double as a breakfast bar by using stools instead of chairs, a great space saver. Stools can then be transitioned into other areas, or stacked away in closets. Some even come designed with storage spaces.

In the living room, consider using a tablecloth covered trunk as a coffee table, functioning as both a unique décor item and storage space for throw pillows and blankets. Sofas and Futons can double as beds, & built-in entertainment centres are perfect for additional shelves and surface area.

Hotel Living at Home:

Many condos, like Exhibit, eCondos, 1 Yorkville and Crystal Blu, feature luxury comforts and urban amenities that rival those of five-star hotels. With features that can include pools, fitness galleries, lounges, & private bars. Some buildings will even go that extra mile with 24/7 concierge service, to achieve that hotel experience from the comfort of your home.

Shop and Work from Home:

Many savvy Millennials & young entrepreneurs are choosing condos as start-up housing, allowing them to conveniently and comfortably work from home while staying connected. Also, new developments like Emerald Park, have integrated a retail component. Coffee shops, eateries & speciality boutiques on the ground floor or lobby provide an added level of convenience in your home.

Entertain (& Be Entertained) at Home:

Most condos come equipped with a shared space, but well-equipped amenity spaces are ideal for entertaining & make any event you host memorable. Our eCondos tower features a glass cantilevered pool & lounge, offering incredible 360 views of the city. 1 Yorkville boasts an outdoor theatre and firepit lounge, perfect for hosting summer get-togethers.  Last, but not least, Exhibit’s rooftop oasis comes complete with a gorgeous reflecting pool & lounge.

 

When buying a condo, look for outstanding amenity spaces that you’ll enjoy for years to come.

June Condo Market Update

Condo market still hot as key factors continue to drive prices up – at a more moderate rate

 

Reports indicate that while the GTA real estate market has cooled a little, the indicators are still projecting healthy 2017.  With only 2 months’ housing supply, low-interest rates, and high demand, it’s still a good time to buy.

While skyrocketing prices have been the norm for the better part of a year, the hot Toronto market is starting to show signs that it may be starting to stabilise.

New resale listings in the GTA surged 48.9% in May on a year-over-year comparison according to the Toronto Real Estate Board (TREB) it does not cause concern. According to Toronto Real Estate Board President Larry Cerqua, the GTA’s supply of (resale) product as of the end of May is only about two months worth. This continuation of low inventory levels suggests that home prices in the GTA are not headed downwards, but will have a more subtle cooling. TD’s economic-research department now forecasts that GTA prices will rise 12%  in 2017, just slightly down from its previous estimate of a 15% increase.

The fundamentals that have driven the Toronto condo market to its current heights, despite analysts suggestions, are still there. Low-interest rates, a lack of inventory, and high demand will continue to keep prices rising in the condo market, albeit at a more moderate rate.