Our Newsletter April 2018

MARKET COMMENTARY | APRIL 2018

The Toronto Real Estate Board released its sales data for March, and with 7,228 sales, there were 40% fewer homes sold in the GTA this March than last. However, since we’re looking at two wildly different markets, the year-over-year comparisons are not telling the story of the current market in the GTA.

READ MORE . . .

SOURCED FROM TREB MARCH 2018 FOR CENTRAL TORONTO. FOR STATISTICAL USE ONLY.

CHATTELS AND FIXTURES

What is included (or not) when you purchase a home

By: Garry Shapiro, BCL, LLB, MBA and Evan Shapiro, HBA, JD

When purchasing residential real estate, Buyers ordinarily acquire more than just land. They are also acquiring ownership of the home and other property, whether moveable or affixed. While a Buyer may expect to receive the kitchen appliances, the washer, dryer and light fixtures, it should not be assumed. Buyers and Sellers will inevitably have their own subjective understanding of what is included as part of the transaction. To avoid disagreement, the Agreement of Purchase and Sale ("APS") should clearly define what chattels and fixtures are included or excluded as part of the transaction.

WHAT'S HAPPENING
APRIL 2018

APRIL 3-28
CITYSCAPES: SKYLINES, SKYSCRAPERS, AND THE CN TOWER
This exhibition at the Twist Gallery will allow you to explore the city from iconic landmarks to cozy street scenes.

APRIL 26-MAY 6
HOT DOCS INTERNATIONAL DOCUMENTARY FESTIVAL
North America's largest documentary film festival presents docs from Canada and around the globe.

APRIL 22
EARTH DAY
Celebrate Earth Day Canada at Trinity Bellwood Park. Outdoor, media and family-focused fun open from 11am to 4pm.

THRU TO APRIL 29
SPRING FLOWER SHOW
The Spring Show runs as the Cool House gradually transitions to Spring providing a sea of brightly coloured flowers.

#1 Independent Brokerage in Toronto*

416.441.2888
www.harveykalles.com | info@harveykalles.com

*Dollar value of all MLS listings sold (source: IMS 2017)
Almost $2.9 billion in sales volume, 2017

OFFICES

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YORKVILLE 113 Davenport Road, Toronto
MIDTOWN  532 Eglinton Avenue West, Toronto
BLOOR WEST 2316 Bloor Street West, Toronto
MUSKOKA  1A Lee Valley Drive #6, Port Carling
LAKE OF BAYS  13 Minerva Street East, Hunstville

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To help celebrate our diverse and dynamic community, we are proud to bring you THE COLLECTION by Harvey Kalles Real Estate. With an editorial lineup that regularly shines a light on the cultural centres, interest groups, entrepreneurs and personalities that make Greater Toronto such a dynamic region, every member of the family is certain to discover something to entertain and captivate their imagination.

For advertising and editorial inquiries, contact Jeremy Finkelstein, Managing Editor: jeremy@harveykalles.com / 416.441.2888 x.783

Our Newsletter April 2018

About

Jeffrey & Irene Joseph

Realtors®