The Taste of Danforth

One of my favourite Summer event is held this weekend (August 10th, 2012 to August12, 2012) at the Greek Town.

This huge neighbourhood festival celebrates the multicultural diversity of Toronto. It has all the necessary components for a successful summertime weekend: lots of food, live performances, family-friendly activities and even a little shopping. This street festival in the heart of Toronto’s Greek town satisfies hungry mouths summer after summer.

I will be there, if you do see me don't hesitate to say a quick hello.

Regards,
Zeenia Kola
Sales Representative with Re/Max Realty Specialists Inc., Brokerage
Email: zeenia@zeeniakola.com
Ph: 905-828-3434
Add: 2691 Credit Valley Rd, #101, Mississauga, L5M 7A1
Website: http://www.zeeniakola.com/
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Low-Rise Home Types Drive June Price Growth - Market Watch June 2012

July 5, 2012 -- Greater Toronto REALTORS® reported 9,422 home sales through the TorontoMLS system in June 2012. The number of transactions was down by 5.4 per cent in comparison to June 2011. The year-over-year decline was largest in the City of Toronto, where sales were down by 13 per cent compared to June 2011. Sales in the rest of the Toronto Real Estate Board (TREB) market area were comparable to a year ago.

Buyers continue to face the substantial upfront cost associated with the City of Toronto’s unfair Land Transfer Tax,” said TREB President Ann Hannah. “Recent polling by TREB suggests that many households are considering home purchases outside of the City of Toronto to avoid paying the Land Transfer Tax. This goes a long way in explaining the disproportionate decline in sales in the City versus surrounding regions.”

The average selling price in June was $508,622 – up by 7.3 per cent compared to June 2011. The mortgage payment associated with the average priced home in June, assuming five per cent down and a five-year fixed rate mortgage amortized over 25 years, would account for approximately 35 per cent of the average household’s income in the GTA after adding property tax and utility payments.

“According to new mortgage lending guidelines set out by Finance Minister Jim Flaherty, the GTA housing market remains affordable. The share of the average household’s income going toward major home ownership payments for the average priced home remains below the 39 per cent ceiling recently announced by Mr. Flaherty,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.

“The average household in the GTA continues to benefit from a considerable amount of flexibility to account for higher interest rates moving forward,” continued Mercer.

If you wish to get a detailed report you could contact me and I would be happy to email it to you.

Regards,
Zeenia Kola
Sales Representative with Re/Max Realty Specialists Inc., Brokerage
Email: zeenia@zeeniakola.com
Ph: 905-828-3434
Add: 2691 Credit Valley Rd, #101, Mississauga, L5M 7A1
Website: http://www.zeeniakola.com/
Facebook Link
Linkedin

Thinking of selling your home in the next 1 or 2 months? For free and confidential Market Evaluation of your home click here

Are you looking to buy your dream home. Contact me today!

Fun Things to do in Mississauga this weekend.

Hello everyone,

It's been quite busy these last few weeks but I just thought I'd post a quick update and remind everyone that we live in the beautiful and vibrant city of Mississauga. It's summer now and there's lots of stuff going on, so lets get out there and enjoy what the city has to offer. This weekend we have two very popular events taking place.

Carassauga Mississauga's Festival of Cultures : This festival is one of my personal favorites. It is one of the largest multi-cultural events that take place in Canada.It starts on Friday June 3rd, 2011 at 7:30 p.m. and goes on till Sunday June 5th, 2011.

In the past it has always been a wonderful experience with lots of food and entertainment to boot. This year there are 26 pavilions and 60 countries participating. It's just amazing to see just how multicultural Mississauga really is and this festival is a great way to experience it. I'll be attending this event on Sunday and will be there the whole day eating and drinking my way around the world.


Streetsville Bread and Honey Festival: Another great event is the Bread and Honey Festival in the historic Village of Streetsville. This event starts on Friday June 3rd at 4:00 p.m. and ends on Sunday June 5th, 2011. This event is filled with lots of goodies, entertainment, games and lots of fun for everyone in the family . Events for children include face painting and balloon sculptures amongst other things so make sure you bring them along as well.

In the end let's not kid ourselves though, the festival is all about feasting on the delicious Bread and Honey which is served once you enter the park. And you know what the best part is, it's all free.

Alright friends have a great weekend and looking forward to see you at one of the events. I know I'm going to have a great weekend although I'll probably regret it on Monday when i step on my bathroom scale. Still this is the stuff that memorable weekends are made of so get out there and enjoy yourselves. Oh and you might not catch me working this weekend as I will be at one of the places enjoying.

Till next time,
Regards,
Zeenia Kola
Sales Representative with Re/Max Realty Specialists Inc., Brokerage
Email: zeenia@zeeniakola.com
Ph: 905-828-3434
Add: 2691 Credit Valley Rd, #101, Mississauga, L5M 7A1
Website: http://www.zeeniakola.com/
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