Yorkville Plaza - Condo Reconstruction Update

Yorkville Plaza - Condo Reconstruction Update


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Real Estate in Coquitlam


Yorkville Plaza has been mandated by Toronto City Council to put public art on it's hoarding, I've been watching this property for a while since it us to be the Four Seasons Hotel and after it was sold to Kingdom Properties in 2004 for 100,000,000 dollars. It is now being developed by Camrost-Felcorp and has many condos with a starting price of $350,0000

Toronto High End Real Estate Pricing Moving Up


Toronto's high-end real estate performed remarkably well given the number of significant changes affecting the local real estate market in 2012. In spite of new CMHC regulations and a newly added Toronto Land Transfer Tax, top-tier housing continued to see stable demand. Real estate in high-end neighborhoods like Rosedale and Bridle Path remained particularly sought after. In the latter half of 2012 sales transactions topped 1,787 million dollar plus properties, compared to 1,921 in the same period in 2011.

 Outperforming the rest of the country for homes sold over asking, Toronto saw 11 per cent of homes over one-million dollars sell for over asking in the latter half of 2012. Meanwhile, the inventory of listings rose 18 per cent year-over-year for the same six-month period to 6,065 homes. The average number of days on market for homes over one-million dollars remained at 40 days, unchanged from the same period in 2011. Overall Toronto's top-tier housing in 2012 showed healthy gains from a year ago with listings of homes over one-million dollars increasing by 25 per cent and sales of homes in the same category increasing by a healthy 13 per cent to 4,900 homes in 2012.

 

 

About Ascension Health Ventures

Ascension Health Ventures was launched in 2001 as a wholly owned subsidiary of Ascension Health. Today it is a subsidiary of Ascension Health Alliance, a parent company formed in 2012. AHV's role is to construct and manage a strategic portfolio of investments that deliver a venture investment return, have the potential to transform the healthcare industry, and significantly enhance the experience for patients, their families and their caregivers. AHV has three venture funds under management and its limited partners include Ascension Health Alliance, Catholic Health East, Catholic Health Initiatives, Decatur Memorial Hospital, Dignity Health, Intermountain Healthcare and Mercy. For more information, go to www.ascensionhealthventures.org.


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