The Parkdale Villager, June 2, 2016

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SPECIAL REPORT: BIDDING ADIEU TO THE HOUSE OF YOUR DREAMS If you’re planning to buy a house in the Greater Toronto area, be prepared to go to war. Part 1 of a Metroland special report on real estate in the Greater Toronto Area, looks into the inevitable bidding wars that take place for a growing number of properties up for sale. While there are plenty of root causes of bidding wars, real estate agents offer tips for both buyers and sellers when they happen. Photo/STEVE SOMERVILLE FEATURE: Pages 14 and 15

PORTSTORONTO SAIL-IN CINEMA RETURNS FOR ANOTHER YEAR Have you heard of Movie Under the Stars? This is Movie Under the Stars on a 90-foot-long barge in Lake Ontario, and PortsToronto Sail-In Cinema makes a return for the sixth year. This year’s event, which runs Aug. 18 to 20, features films (shown on both sides of a screen) adapted from books.

File photo/NORM BETTS FULL STORY: bit.ly/sailinmovie WHY YOU SHOULD READ MORE: Learn how you can help choose which movie is shown on a boat, in a lake, under the stars.

ARTS AND MUSIC FESTIVAL SET TO REVIVE ONTARIO PLACE THIS FALL The revival of Ontario Place is coming and it’s taking place this September with in/future: A Transformative Art Experience.

More than 100 art and world music installations will take over the 14-acre west Toronto Island from Sept. 15 to 25.

Staff photo/METROLAND MEDIA TORONTO FULL STORY: bit.ly/ontarioplacefest WHY YOU SHOULD READ MORE: Get details about the festival organizers say will embrace music all over the world.

LEARN SOME FACTS ABOUT CAPYBARAS People are talking about the capybara ever since two of them from the High Park zoo went missing. Photo/SHUTTERSTOCK FULL STORY: bit.ly/capybarafacts WHY YOU SHOULD READ MORE: Find out what they’re able to do.

New pop-up food markets called Grab Some Good are officially open at three subway stations – including this one at Downsview staton – for a yearlong pilot project. The initiative is a collaboration between the TTC, Toronto Public Health and local advocacy group FoodShare.

Staff photo/FANNIE SUNSHINE FULL STORY: bit.ly/healthpop WHY YOU SHOULD READ MORE: Find out when and where they operate, and what customers and politicians have to say.

DEVELOPMENT ON WATERFRONT HAS GROWN FASTER THAN TRANSIT The City of Toronto wants your ideas on its waterfront transit plans to follow up on those already completed such as the Queens Quay streetcar corridor pictured here. Last October, council voted to accelerate planning for waterfront transit projects and to better coordinate them.

File photo/RAHUL GUPTA

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IS THIS THE BETTER WAY FOR YOU TO GRAB SOME FRESH VEGETABLES?

FULL STORY: bit.ly/totransitideas WHY YOU SHOULD READ MORE: Some meetings have already been held but there are a couple left, including one tonight.

THE RESULTS ARE IN, VOTES COUNTED, AND THE 10 WORST ROADS DECLARED

| JUN 02 2016

THE PLANT THAT SPARKED LAST WEEK’S HUGE POLICE RAIDS

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Pro-cannabis demonstrators joined a throng of media on Friday to listen to Toronto police chief Mark Saunders justify the previous day’s massive raids on dozens of pot dispensaries throughout the city.

Staff photo/JOANNA LAVOIE FULL COVERAGE: bit.ly/chiefweed AND bit.ly/toryweed WHY YOU SHOULD READ MORE: Mayor John Tory this week and police chief Mark Saunders last week both justified the raids.

The Canadian Automobile Association (CAA) released its annual list of the province’s worst roads, and Toronto didn’t fare too badly (perhaps because they’ve been filling in enough potholes, as workers, here, do on Lawrence Avenue). Timmins had the most roads on the list.

Staff file photo/DAN PEARCE FULL STORY: bit.ly/badtoroads WHY YOU SHOULD READ MORE: This year’s worst road is in Prince Edward County. Find which two roads Toronto contributed.

A Toronto group called the Reading Line, which combines the love of both books and bikes, focused this year’s third annual ride Saturday on the Fort York neighbourhood and kicked off their ride at Fort York Library. Staff photo/HILARY CATON FULL STORY: bit.ly/bathurstbooks WHY YOU SHOULD READ MORE: Find out what this grassroots group is targeting Bathurst Street for.

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‘BOOKS ON BATHURST’ BIKE RIDE PROMOTES IMPROVED CYCLING INFRASTRUCTURE

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REV UP YOUR CREDIT CREDIT CARDS, HONDA INDY TICKETS NOW ON SALE Car racing enthusiasts can now get their hands on single-day tickets to Honda Indy Toronto (which will no doubt include Canadian driver Alex ‘Tags’ Tagliani, who was in town for a recent press conference). The Honda Indy is back to its regular dates this year, July 15 to 17.

Staff photo/BENJAMIN PRIEBE FULL STORY: bit.ly/toindytickets WHY YOU SHOULD READ MORE: We’ve got the scoop on how much they cost and how you can get them.

RONCESVALLES RESIDENTS READY TO RALLY AGAINST CONDO PLAN

FREE MUSICAL INSTRUMENT LENDING LIBRARY IS LOOKING FOR MORE

FULL STORY: bit.ly/tomusiclibrary WHY YOU SHOULD READ MORE: Find out what instruments they can accept - as well as those they can’t.

FULL STORY: bit.ly/tocondobattle WHY YOU SHOULD READ MORE: Find out what both the local councillor and residents’ association chair have to say.

JUN 02 2016 |

The Toronto Public Library is accepting instruments (such as this ukelele held by Shamaur Adams at the Parkdale branch) for its Musical Instrument Lending Library. Instruments will be accepted until June 30.

Staff photo/DAN PEARCE

Opponents of an eight-storey condo being proposed by developer Craig Hunter & Associates for the former Turner & Porter funeral home at 422-436 Roncesvalles Ave. and 76 Howard Park Ave. are ready to fight the issue at the Ontario Municipal Board.

Staff file photo/HILARY CATON

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MPP Parkdale-High Park On June 14th at 6:30pm, Cheri will be hosting her

7th Annual Community Appreciation Gala Lithuanian Hall, 1573 Bloor St. West As always, 6 new local businesses and many of Parkdale – High Park's wonderful volunteers will be recognized for their invaluable contributions to our community. Delicious food and delightful entertainment will be provided.

This event is free, and open to the entire community!

Please register for your ticket online at cheridinovo.ca/events or call 416-763-5630.

Parkdale - High Park Constituency Office 2849 Dundas St. W., Toronto, ON, M6P 1Y6 Tel: 416-763-5630 | dinovoc-co@ndp.on.ca

Funding to our health care system will increase by over $1 billion this year.

Investing in new and better ways for all Ontarians to get the care they need means: • 700 new doctors and specialists • 35 hospitals currently being renewed, modernized or expanded • $250 million invested in home and community care • $345 million invested to improve wait times and access to care These investments ensure a strong health care system for both today and tomorrow.

| JUN 02 2016

ontario.ca/bettercare

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Paid for by the Government of Ontario

david nickle | the city City left in a haze waiting for federal marijuana laws

Toronto council must heed evidence on city’s finances E arlier this year, Mayor John Tory of the city’s finances. impressed with his evidenceWallace made it clear the city is based approach to leadership. headed for a financial wall, possibly as Remember that? How faced with early as 2017 and certainly soon after. evidence that his It has been a long SmartTrack heavy rail time coming. plan couldn’t work as Toronto council has planned, and a threemanaged to increase stop Scarborough services the same subway would be time as it’s kept mayor election unaffordable, Tory property tax increases listened to expert low for about a promise and raise advice and admitted decade, thanks to property tax he’d been wrong? circumstances beyond Tory displayed council’s control and brave and refreshthat cannot continue. ingly flexible leaderThe city’s red hot real ship, and it promised great things for estate market has meant that the land the remainder of the term. It’s a shame transfer tax has increased by about to think that the virtues of 2016 might 150 per cent, and the province has be a short-lived blip. been steadily uploading welfare costs.

Last week, Tory and his Executive It was nice while it lasted, and it Committee received more expert let councillors and the single-family advice – this time from City Manager homeowners they were elected by off Peter Wallace – about the sorry state the hook.

OUR VIEW:

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same as they tolerate alcohol and tobacco.

The major harm marijuana does has to do with its illegality: it funds criminal organizations and puts otherwise innocent people in jail. The reason we are on the road to legalizing marijuana stems in part from those views.

So, what’s wrong really with the proliferation of storefront operations in flagrant violation of the soon-to-be laws?

The answer is that there is plenty wrong, when you look at it through a third lens: that of public health.

According to the report before the board of health this week, there are significant health risks associated with the heavy consumption of the drug, particularly for those who begin their use of it in adolescence. It impacts brain development, and it may trigger psychotic disorders in people genetically prone to them.

It’s not nearly the gateway drug some argue it is, but limited studies indicate it can, in some, increase the risk of going on to more dangerous drugs. And there is a small risk of dependence, and respiratory effects. There is a small amount of evidence that cannabis can cause developmental issues in pregnancy, and dangerous impairment while driving an automobile.

There is something of a haze over all this, because marijuana’s illegality has limited the amount of research on its impacts.

That haze is unavoidable, and will only be cleared in time. But in setting the long timetable for legislative clarity, the federal government does owe Toronto and the rest of the country some guidance on how to deal with this substance that until then is neither here nor there.

David Nickle is Metroland Media Toronto’s city hall reporter.

His column runs every Thursday. Reach him on Twitter: @DavidNickle

The Parkdale Villager welcomes letters of 400 words or less. All submissions must include name, address and a daytime telephone number for verification purposes. We reserve the right to edit, condense or reject letters. Copyright in letters remains with the author but the publisher and affiliates may freely reproduce them in print, electronic or other forms. Letters can be sent to press@insidetoronto.com, or mailed to The Parkdale Villager, 175 Gordon Baker Rd. Toronto, ON, M2H 0A2.

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JUN 02 2016 |

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The Parkdale Villager is published every Thursday at 175 Gordon Baker Rd., Toronto, ON, M2H 0A2, by Metroland Media Toronto, a Division of Metroland Media Group Ltd. The Villager is a member of the Ontario Press Council. Visit ontpress.com

Dana Robbins John Willems Joanne Burghardt Clark Kim Cheryl Phillips Braden Simmonds Mike Banville

Well, no more.

Wallace made it clear that Toronto politicians need to impose new and reliable revenue tools, and also take better advantage of the major revenue tool they have: property taxes.

If they don’t, then service cuts, possibly unpalatable ones, are inevitable.

Tory and his Executive Committee didn’t buy it.

Our mayor, in particular, advanced the non-sequitur argument that because nearly all voters supported mayoral candidates who wanted taxes kept at the rate of inflation, Wallace’s analysis didn’t fly.

Or to put it another way: uninformed opinion ought to trump irrefutable fact.

We understand that at some point, a mayor does have to dig in on an election promise, and this mayor has let a number of his promises slide already.

But with the future of the city clearly at stake, surely the mayor can bow to reality... Just this once more.

A bright flash of reason emerged in the haze of Toronto’s new war on drugs this week, when the Toronto Board of Health supported a Joe Cressy motion to essentially ask the federal government what ought to be done about marijuana over the next year or so.

That’s how long Prime Minister Justin Trudeau’s Liberals have given themselves to come up with legislation governing soon-to-be-legalized marijuana use. New MP and former Toronto police chief Bill Blair is taking the lead on crafting the legislation, and taking appropriate time doing it, so when it finally shows up in the spring of 2017, expect premium law.

Until then?

Well legally it’s pretty straightforward. Trafficking marijuana remains illegal. It is a criminal offence to do so. It is legal to dispense marijuana for medical purposes, but the law as written is restrictive enough that the Supreme Court has ordered the federal government to make up a new one.

Looked at through that lens, the raids police and bylaw officials conducted last week on storefront medical marijuana dispensaries are entirely appropriate, and the 90 individuals, many of them hourly employees, will deserve what they get.

It doesn’t matter if the law will be changed to something excellent for pot smokers a year or so from now: right now the law is the law and that is that.

Trouble is that the legal lens is not the only lens through which we view this.

Marijuana was, is, and will be a widely used drug. It has harmful effects, but those effects exist within a range that most reasonable people find tolerable, the

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@InsideTOnews

1. You’ve been involved with the Enbridge Ride to Conquer Cancer for years.

What made you first get involved?

After seeing the TV ads for the Enbridge Ride to Conquer Cancer benefiting Princess Margaret Cancer Centre, my Dad and I went to an orientation session to learn more.

We knew we needed to do something as we had so many friends and family who were impacted by cancer. It was a pretty easy decision. All we had to do was get on a bike and fundraise, the rest is taken care of for you. It’s pretty easy compared to what those who have cancer are going through.

Courtesy photo

Meredith Mednick will be participating in the ninth annual Ontario leg of Enbridge Ride to Conquer Cancer.

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| JUN 02 2016

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With an estimated two in five Canadians being diagnosed with cancer in their lifetimes, the ninth annual Ontario leg of Enbridge Ride to Conquer Cancer will see many a cyclist take to the road to help fund life-saving research and treatment at the Princess Margaret Cancer Centre.

We asked longtime participant Meredith Mednick of Toronto about her reasons for taking part in the annual event and what the ride means to her.

JUSTIN SKINNER jskinner@insidetoronto.com

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insidetoronto.com | in focus

Q&A

with Meredith Mednick who will be riding to conquer cancer

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2. How has cancer touched your life personally?

We have had several family and friends impacted by cancer. When we started riding, there were three women who were friends of the family who were all impacted by cancer. Sadly, we lost one of them (who would have just become a grandmother). The good news is that the other two are doing great! My grandmother was diagnosed with cancer in May 2014,

three months later in August that year she passed away.

Since I started riding, I think there have been fewer people who have died from cancer as we are helping to fund groundbreaking research to CONQUER CANCER in OUR LIFETIME. 3. When you first started out with the ride, you weren’t into cycling. How did you prepare that first year?

When I joined in 2008, I hadn’t been on a bicycle since I was a child. After I signed up, I went to Sporting Life and got a mountain bike because I thought it would serve more of a purpose.

To train that first year, I started going to spin classes in the winter. Once the weather got better, I began riding outside for short distances and increased with each ride. I trained harder than I needed to. The actual ride is so well supported and there are stops every 25 kilometres so most people with a decent level of fitness can do it!

“Riderless Bike.” This bike exists for all those who cannot ride with us anymore. It sets the tone of why we are riding. I also enjoy taking the time to talk with other Riders, as we are riding with the same goal in mind.

Another big one is the accomplishment of climbing the big hill near Hamilton, what Riders often call “Hamilton Mountain”!

What keeps me going is knowing that survivors and those currently in treatment are riding, too, so there is no reason why I, a healthy woman, cannot do this!

5. Tell us a bit about yourself and your team.

I am participating in the Enbridge Ride to Conquer Cancer benefiting Princess Margaret Cancer Centre for the ninth year. Over the past nine years, I have personally raised (more than) $26,000. I ride with Team RBC, a group of employees, friends and family.

We are (more than) 125 Riders this year. It is a great way to get to know co-workers outside the office. The past three years have been extra special as my 4. What are some of the husband, Jason, rides by my highlights on the day of the side. We ride for those who ride? can’t and those who T h e m o st i m p a ct f u l will! To help us conquer cancer in our moment for me is at the opening ceremonies l i fet i m e v i s i t when we recognize the www.conquercancer.ca/ goto/meredith2016

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Karen Kain School of the Arts students were celebrating art, music and the environment recently with musican and environmentalist Sarah Harmer singing and speaking to students.

Photo/METROLAND FULL STORY: bit.ly/hammerenviro WHY YOU SHOULD READ MORE: Learn who else was at the event and where the money is going.

RAINBOW FLAG RAISED AS TORONTO PROCLAIMS FIRSTEVER PRIDE MONTH The Rainbow flag flew over Toronto City Hall a few weeks early this week, as Mayor John Tory proclaimed the first-ever Pride Month in the City of Toronto. The first-ever Pride Month happens 35 years after the bathhouse raids in downtown Toronto when the Metropolitan Toronto Police force raided four gay bathhouses.

Staff photo/DAVID NICKLE

| JUN 02 2016

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MUSICIAN SARAH HARMER HELPS KAREN KAIN SCHOOL OF ARTS CELEBRATE

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FULL STORY: bit.ly/prideflagraise WHY YOU SHOULD READ MORE: Hear the mayor’s remarks on the history of Pride.

BUSKERFEST MOVES TO A NEW HOME THIS SEPTEMBER TO WOODBINE PARK The 17th annual Toronto International BuskerFest for Epilepsy has found a new home at Woodbine Park near Coxwell Avenue and Lake Shore Boulevard East. Event organizers said the new location allows the festival to spread out and has enough space for a Fun Zone as well as a new licensed beer garden and more.

File photo/BRIAN B. BETTENCOURT FULL STORY: bit.ly/buskerfestmove WHY YOU SHOULD READ MORE: Find out how many performers are taking part this year.

TORONTO SCHOOLS GET TO UPGRADE LIBRARIES THANKS TO INDIGO FOUNDATION Five Toronto elementary schools are among 25 chosen throughout Canada to share $1.5 million to upgrade their libraries, care of the Indigo Love of Reading Foundation.

File courtesy photo FULL STORY: bit.ly/indigodonates WHY YOU SHOULD READ MORE: See which schools were the lucky recipients this year and get more information on the foundation.

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A very unique and rare offering. A 2.5 storey detached 6 bedrm home that is the builders own home built circa 1910. The current residents are the third owners. There are so many special areas of detail that make this home just a joy to behold and appreciate the quality in the craftsmanship. Much of the trim is 1/4 sawn oak and extra details given to the trimming, plaster and some window details. There is a lovely covered front porch as well as a full 2nd fl balcony above to enjoy the summer breezes on this leafy and well treed street. The bath rooms are renovated and the electrical service has been increased to 200 amps and most of the wiring has been upgraded. Retro wall light switches. Many of the floors are new solid oak. The roof is about 8 years old. There is a newer 2 car garage with extra ceiling height, concrete floor and a dedicated 40 amp service to it. It also has dormer lights giving it brightness as well as character that makes it look like a guest house. Very extensive gardening both front and back has made this home talk of the block for many years. The rear also has an arbor boasting wisteria for the garden lovers as well as numerous other complimentary plantings and flagstone. There is a rear 2nd fl sun rm to just relax and read while overlooking your garden. Loads of rooms in this 13 + rm home.

Partially finished basement with built in wall mount T.V. and sound system and a great bathroom with heated fl. Newer high efficiency heating system and HWT. Outstanding curb appeal on a great family street that is steps to the subway, new rail link to airport, Roncy, Howard P.S. (French Immersion) High Park and all other amenities. This home is not to be missed! $1,425,000

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Great character and special details in wood features. Wonderful tree lined popular family street. Walk to all. Do not miss it! $1,425,000.

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Well maintained Detached Home in high demand neighbourhood, Separate entrance to In-law suite, Modern kitchen with stainless steel appliances, formal dining room, spacious living room. Gorgeous landscaped Cottage like backyard with gazebo overlooking pond. Must be seen, Steps to transit, Minutes to Downtown! Only $699,900!

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Totally Renovated Detached Toronto Home. Bright & Sunlit Architectural Masterpiece will Amaze You! 2 Bedrooms, 3 Bathrooms, Tempered Glass, 3 Balconies, Granite Floor, Custom Kitchen with B/I Appliances, Spacious & Open Concept with Approx. 1,000 Sq. Ft. of Living Space!, Sauna, Finished Basement, Beautiful Deck + Garden, One of a Kind! Simply Must be Seen! Only $699,900!

Beautiful Custom-Built Chalet-Style Bungalow Situated On A Spectacular 1.7+ Acre Ravine Lot with Tranquil Nature-Filled Surroundings. Soaring 18’ Ceilings And Open Concept Layout Perfect For Year-Round Entertaining. Wrap-Around Deck With Incredible Ravine View. Spacious Master Bedroom Retreat.

Separate In-Law Suite. Amazing Opportunity To Own A Piece Of Nature. Only $1,295,000!

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Amazing Opportunity, Gorgeous 2 Storey, Open Concept Layout, Bright Sunlit, Gleaming Hardwood Floors, Large Living Rm, Formal Dining Rm, New Modern Kitchen, Granite Countertops, Finished Basement with Walkout, Long Private Drive, Double Garage! Only $799,900!

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Detached Updated 2 Storey with Fabulous Curb Appeal, Open Concept Living & Dining Rooms, Gleaming Hardwood Floors, Spacious Open Concept Kitchen, Walkout to Deck Overlooking Large Fenced Backyard, Separate Entrance to Finished Basement Ideal for In-Law Suite, 3 Bathrooms, Steps to Park, Close to All Amenities!

Only $699,900!

SPECTACULAR CUSTOM LUXURY 2 STOREY

Situated on a 165 Ft Deep lot, High Demand Neighbourhood, Open Concept Layout, 5 Bathrooms, 4 Bedrooms, 2 Fireplaces, 4 Walkouts, Quality Finishes, Gleaming Hardwood Floors, Crown Mouldings, Coffered Ceilings, Recess Lighting, Formal Dining Room, Family Rm with Built-Ins + Gas Fireplace, Gourmet Kitchen, Granite Countertop, S/S Appliances, Master Bdrm Retreat, W/I Closet, Dream Ensuite, Walkout Finished Bsmt, High Ceilings Plus Much More! $1,980,000!

HIGH PARk DUPLEX Prime Location, Gorgeous Victorian 3+1 Bedroom 3 Storey, Separate Entrances, 2 Hydro Meters, 2 Sundecks, Balcony, Thousands in Upgrades and Updates, Private Drive, Fabulous Opportunity, Close to All Amenities! $999,900

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real estate | villager

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Bidding adieu to the house of your dreams

| JUN 02 2016

@InsideTOnews

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insidetoronto.com | villager

THROUGH THE ROOF

a metroland special

14

Root causes of bidding wars

1 The Canadian dollar is weak If you’re planning to buy a house in the Greater Toronto area, be prepared to go to war.

As demand in the local housing market increases substantially on an almost monthly basis, so, too, does the number of bidding wars.

Graham Jones, a Re/Max Hallmark agent who has worked in the industry for 25 years, just sold a house in a bidding war that netted his clients a substantial profit.

Their Richmond Hill bungalow was listed for $899,000. There were nine bidders and the property sold for $1.43 million.

He compares the sale to “winning the lottery” for his clients.

“It was underpriced a little bit to set up the bidding war, but still, it set records all over the place,” Jones said.

“We had three bidders that were just beating the living daylights out of each other. We didn’t know where they were going to stop. It’s a nice home, but it’s a 65-year-old, 900-square-foot bungalow on a 50-foot lot. They (sellers) are so happy. I can’t even begin to tell you. They’re retiring and going to buy a piece of property up north and build a house. They got way more money in their pocket than they expected. They’re absolutely thrilled. Every deal I’ve done in the past two years has been multiple offers.”

It seems this story is becoming common-

place.

The Toronto Real Estate Board reported a 12.6-per-cent increase in home selling prices in April, when compared to the same period last year. The average home sold for $766,472 in Toronto in April, compared to $690,658 in April 2015. Throughout the rest of the GTA, average prices also increased from $605,336 in April 2015 to $724,235 this year.

The increase is blamed on several factors.

Interests rates are at or near record lows, the Canadian dollar lags behind other world currencies and, historically, GTA real estate is a relatively safe investment gamble.

“Our real estate, in world dollars, is still much cheaper than in Washington or London,” Mark Weisleder, a partner in Vaughan’s RealEstateLawyers.ca LLP firm, said. “Even if it’s increased, it’s a good investment for foreigners.”

Immigration does play a role in driving the market upward. The Ontario government estimates about 100,000 immigrants move into the province each year. Many of those people settle in the GTA. Between Aurora in York Region and Innisfil in Simcoe County, there appears to be an influx of Chinese buyers.

“They can move their family here while still finding affordable housing,” Royal LePage sales

Right now, our dollar is trading at about 80 cents against the American greenback. The British pound and the Euro are also highly valued against our money. That allows foreign investment in the GTA market.

“They’re purchasing a $300,000 property for $220,000 U.S.,” Royal LePage sales representative Wasim Jarrah said. “To them, that’s a great deal.”

lack of inventory to sell 2 We’re not building new homes fast enough to support demand.

Also, Baby Boomers are choosing to stay in their homes, rather than downsize.

“If you look at the number of housing starts compared to population growth, we’re just not building homes fast enough,” Joe Asensio, of JN Asensio Realty Inc., said

3 Interest rates are at historic lows They’re helping to stabilize the economy and make home purchases much more appealing, Asensio said.

“The real estate market is going to stay nuts for a long time yet,” he said. “I don’t know whether there’s a need to slow it down.”

bidding above asking price 4 In northern York Region and some areas of southern Simcoe County, for example, Chinese buyers are bidding amounts substantially above asking price. Jarrah estimates that Chinese bidders account for 60 per cent of people placing bids in multiple-offer situations in the area. According to the Ontario government, about 100,000 immigrants enter the province each year.

— “leave the emotion at home”

BUYERS

1 Don’t get emotional Establish price margins before putting in an offer on a home.

“You can’t get emotional. Leave the emotion at home. It’s only a house today; it can be a home tomorrow. You need to feel good about this win, not think, ‘I got this house, but at what price?” Joe Asensio, of JN Asensio Realty Inc., says.

Get a home inspection

2

This will give a better sense of exactly what you’re facing and it will allow you to feel more comfortable with simplified purchase conditions. Mini inspections have become more popular in the GTA as the housing market heats up. An inspector will check mechanical systems, structure, dampness and the “bones” of the house.

3 CHEQUE IN HAND DON’T LIVE FOR YOUR MORTGAGE

1 POKER FACE

SELLE

4

RS

Make sure the house doesn’t cost you a social life.

It’s important to be able to spend a night on the town every once in awhile. If necessary, consider purchasing a property with friends — or, where feasible, look north into smaller markets.

Poker face — While you may be excited or overwhelmed when bids come in, it’s important to keep emotions in check.

“The bidding process can be fun to watch,” Asensio said. “Even if you love the offer, stay calm. Nobody’s supposed to know your reaction.”

CLOSING INSURANCE

2

This will cover you in case the proposed buyer has to back away. Deposits don’t necessarily end up in the hands of the sellers. In many cases, that money actually ends up in trust accounts held within the real estate industry.

Facebook.com/InsideToronto

If you like the property, make sure the seller knows you’re serious. “If 10 people show up, one guy has a cheque and nine don’t, he may not have the best offer, but he’s a sure deal,” Asensio says.

@InsideTOnews

is key because it forces all potential buyers to make blind bids on the property.

“It creates an atmosphere of competitiveness,” Jarrah said. “No one really knows what that offer price is or what the conditions are. I don’t know what the offer is, but if I want that house, I’m going to put in a lot more money and take out conditions for inspection and There’s also a significant lack of inventory financing and everything else.”

– a combination of slowly progressing new However, the hot market is creating some construction sites and an apparent unwillunintended consequences. With prices jumpingness by aging Baby Boomers to sell their ing so quickly, banks are having difficulty homes and downsize. accurately gauging property values. So lenders “If you look at the number of housing starts are starting to ask purchasers to come up compared to population growth, we’re just not with larger down payments, to make up for the building homes fast enough,” Joe Asensio, of significant difference between the assessed the Brampton-based JN Asensio Realty, said. value of the home and its purchase price.

“You see homes going up everywhere, but “Every home has a reasonable limit to what they’re all sold before they even build them. it’s worth,” Asensio said. “We’ve had a couple I’m on the tail end of the Baby Boomers; this of scenarios where we’ve actually turned down will sound terrible, but we’re just not dying offers because they were so high you can’t fast enough. People need somewhere to live; finance to these levels. We’ve turned offers there just isn’t enough affordable housing away that were astronomical for the value of available. This trend will continue for a long the area. That’s a hard decision. The need and while. The real estate the greed of the seller market is going to stay factors in. They want nuts for a long time yet. the money, of course Live a little. You’re not I don’t know whether they do. But you won’t there’s a need to slow have a deal if it doesn’t living if you’re just it down.” close.”

Asensio is involved Bidders also often existing to pay the in multiple-offer sceexclude some tranarios daily. He watched ditionally standard mortgage.

51 offers roll in for a conditions from their property in Brampton offers now, including recently and admits the home inspections. The number of bids on homes in the area will often decision is costing the inspection industry enter double digits. money and putting purchasers at risk.

Jones agrees with these assessments “It’s a scary thing,” Weisleder said. “The that Asian buyers, low interest rates and pressure is high to put in an offer without short supply have driven the housing market. conditions, in order to win the bidding war.

However, some sectors are in higher demand When you put in an offer without conditions, than others. For example, townhouses and you could have all kinds of serious problems condominiums are not generally seeing the with the property condition after closing, same percentage increases in value as freewhich could cost who knows how much money hold homes. to fix.”

“People don’t have a lot of options,” Jones In a piece of advice that could apply to said. “It’s impossible to tell whether it’s foreign several facets of life, buyers are advised to or domestic money, but there’s certainly a lot stay within their means, even if that forces of Asian buyers who are desperately trying to them to walk away from a bidding war. get freehold properties in the GTA.” “Don’t sacrifice everything to make Prime market conditions are leading to high that mortgage payment,” Weisleder said. demand for houses.

“Otherwise, you’re going to be very unhappy.

Jarrah says any York Region property, for Live a little. You’re not living if you’re just existexample, currently listed at an appropriate ing to pay the mortgage.” market value, will likely fetch $50,000 to $100,000 more than asking price, if there’s Chris Simon an offer presentation date attached. That date csimon@yrmg.com representative Wasim Jarrah said. “Chinese buyers are savvy. They like to negotiate and feel like they’ve got a good deal. It’s the same thing that happened to Markham, and for the Italians in Vaughan. It’s a very healthy real estate market. Even when people are purchasing in multiple offers, they’ll realize a profit if they stay in their properties for up to three years.”

villager | insidetoronto.com

Tips for BUYERS AND sellers

3 ANOTHER HOME LINED UP

Consider purchasing the next property before placing your current home on the market. This lessens the risk of market fluctuations and ensures there’s a place for you to go after you sell.

“You’ve got to do it within the same time (period),” Mark Weisleder, a partner in Vaughan’s RealEstateLawyers.ca LLP firm. “Otherwise, you’re speculating whether the market will go down or up and you could be without a place to live.”

JUN 02 2016 |

15

| JUN 02 2016

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Enjoy dance as part of a healthy lifestyle. Featuring Jully Black, KasheDance, Gadfly and more.

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Classes will be 30 minutes. Start times are: 10:15 a.m.; 11 a.m.; 1:15 p.m. and 2 p.m.

Features artists in studios, retail spaces, Jimmie Simpson Park and the community centre.

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JUNE 4 and 5, 11 A.M. to 6 P.M. MORE INFO: bit.ly/riverdaleart CONTACT: INFO@ ARTISTSNETWORK.CA

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JUNE 18, NOON to 5:30 P.M. JUNE 28 to AUG. 30, sunset MORE INFO: bit.ly/fortyorkpowwow MORE INFO: bit.ly/citycinema CONTACT: 416-651-6750 x 2233 CONTACT: INFO@YDSQUARE.CA

Two-day race event featuring NASCAR Pinty’s Series and Verizon IndyCar Series.

JULY 15 to 17, VARIOUS TIMES MORE INFO: bit.lygoraceto CONTACT: 416-341-9929

Facebook.com/InsideToronto

JUNE 3 to 5, VARIOUS TIMES MORE INFO: bit.ly/gooeygoodness CONTACT: 416-393-6240

@InsideTOnews

This year there’s Craft Beer and Cider Bay, games, rides and eats, Food Truck Island, Artisanal Market and live entertainment.

The prize for the best mac and cheese is $5,000. A percentage of the profits are going to the National Wildlife Rehabilitation Foundation.

File photo/EDUARDO LIMA

events | insidetoronto.com

DIG IN TO SOME GOOEY GOODNESS AT THE MAC AND CHEESE FESTIVAL

GH PARK

HI

Monday-Friday 9:30 - 6:00 Saturday 10:00 - 6:00 Sunday 11:00 - 5:00

We repair any brand of sewing machine. After all, our mechanic is the best in the city.

Raging Spoon is a not for profit social enterprise that provides employment and training opportunities.

Since 1997, we have provided both quality food and excellent customer service. Find out why by looking at our online menu: ragingspoon.ca or visit us on Facebook.

Dry Cleaners

www.sewknit.ca www.petersmithtrading.com www.theyarnguy.com 15 Gower Street, East York, Toronto, ON M4B 1E3 1-800-836-6536 • 416-752-1828, 1823

Weekdays: 7:00 am - 7:00 pm saturday: 8:00 am - 6:00 pm sunday: 10:00 am - 2:00 pm

107 Roncesvalles avenue

(416)532-5365

Head to Tail Service Professional Styling & Grooming Personalized service To Suit Every Dog & Cats Needs Certified Groomer on premises

Hours: Tues. - Fri. 9am - 5pm Sat. 9am - 6pm

catering | 416.504.6128 | ragingspoon.ca Creating Together is a Family Resource Centre in Parkdale that is designed to welcome children from 0 – under 6 years of age and their families/caregivers in a safe, educational, and nurturing environment.

Our Services Include: • Daily drop-in program • Parent Relief • Nutritious snack • Toy/resource library

1708 Queen Street West

petagree4@outlook.com • 416.536.9064

EN’S MEAT MARK M E L T ET CAT

• Information for parent & caregivers • Workshops • Special events & trips

Local Raised Meat

Program Hours: 1497 Queen Street West 416 537-1004 creatingtogether@rogers.com creatingtogetherparkdalefrp.com

1642 Queen Street West Toronto M6R 1B2

Hair, Nails, Facials, Threading & Waxing

335 Roncesvalles Ave., Toronto, Ontario M6R 2M8

Tel: (416) 516-2147 Fax: (647) 342-8033 Email: domanirestaurant@gmail.com | Website: www.domanirestaurant.ca

JUN 02 2016 |

(near Roncesvalles Ave.)

TEL (416-537-8454) 1538 Queen Street West Toronto, Ontario M6R 1A6

Monday & Tuesday – 9:30 am – 3:00 pm Wednesdays – 9:30 am to 5:00 pm Thursdays & Fridays – 9:30 am to 2:00 pm OEYC Saturdays – 10 am to 2 pm

Specializing in:

• FRESH MEAT • SMOKED MEAT • FREEZER ORDERS

17

classifieds | villager parkdale

Monday to Friday 8:30 am to 5 pm • 905-853-2527 Toll Free 1-800-743-3353 • Fax 905-853-1765 For delivery questions, please contact 416-493-2284

BaySprings Plumbing Small Job Specialists

Servicing All Your Plumbing Needs

$

Free training provided!

35OFF WITH THIS AD EXPIRES JUNE 30, 2016

10% SENIORS DISCOUNT

Routes Available Now & in September

416-427-0955

Ask about our Signing Bonus for B Licenced drivers!

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APPLY ONLINE: www.stocktransportation.com APPLY BY EMAIL:

jobs@stocktransportation.com

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APPLY AT OUR NEXT IN-HOUSE JOB FAIRS:

Must be at least 21 years of age, have a valid A,B,C,D,E,F, or full G licence, and be proficient in English.

GoTTarENT.coM

Inc. Auburn Plumbing Inc. Metro Lic# P1538 Metro Lic# P1538 Metro

your plumbing needs For all all your plumbing needs For

Replacement, Repairs Repairs and and Renovations Renovations New Work Work •• Replacement, ••New Toilets •• High Pressure Flushing Flushing••Camera Camera Faucets, Sinks Sinks && Toilets High Pressure --Faucets, Locating •• Lead Lead && Galvanized GalvanizedPiping Piping Inspection and and Pipe Pipe Locating Inspection Plugged Drains •• Plugged Drains && Backed-Up Backed-Up Sewers Sewers Quality and and Service Service at Our Our Best Best Quality

Call for for a FREE estimate Call estimate (416) (416) 738-0274 738-0274

ELEcTricaL

| JUN 02 2016

vEHicLES WaNTEd/WrEckiNG

18

$100-$10,000

Cash 4 Cars

Dead or alive Same day Fast FREE Towing 647-642-6187

Roofing Systems Plus

ROOFING

www.roofingsystemsplus.ca

416-857-0730 *Flats * Shingles * Roof Repair $300 * Eaves Cleaning $150

appLiaNcE rEpairS/iNSTaLLaTioN Professional Repairs of all brands of: Refrigeration, Stoves, Dishwashers, Washers, Dryers, Air Conditioning & Heating.

Free Estimates. Warranty, Credit cards accepted. Seniors discount.

416-616-0388

HoME rENovaTioNS

www.CanadaStays.com

No income, Bad credit OK! #10969 Better Option Mortgage 1-800-282-1169 www.mortgageontario.com

9.5 Check out our reviews on RATING www.homestars.com

roofiNG

Perfect for your family getaway this summer. Book Now!

MONEY CONSOLIDATE Debts Mortgages to 90%

www.plumbersdirect.ca

(Met Lic #P20579)

Lakefront cottages for rent

MorTGaGES/LoaNS

416-639-2288

Financing Available

Check us out on www.homestars.ca

coTTaGES for rENT

P e t e r:

100% SATISFACTION GUARANTEE

Burton Electric Inc. 416 419-1772

4 Knob and tube replacement 4 Service upgrades 4 Aluminum wire reconditioning 4 Breakers/Panels 4 Electrical Home Inspections 4 Pot Lights 4 FREE ESTIMATES Master Electrician * License # 7001220 * Insured www.burtonelectric.ca mark.burton@burtonelectric.ca

Check Out:

BUILDER/ GENERAL Contractors Metro LIC# T85-4420956 Residential/ Commercial. Complete Restoration. Finished Basements. Painting.

Bathrooms. Ceramic Tiles. Flat Roofs. Leaking Basements. Brick/ Chimney Repairs. House Additions 905-764-6667, 416-823-5120

CEILINGS REPAIRED. Spray textures, plaster designs, stucco, drywall, paint. We fix them all! www.mrstucco.ca 416-242-8863

paiNTiNG & dEcoraTiNG ABSOLUTELY AMAZING painters at bargain prices! Spring special $100/ room. Quick, clean, reliable.

Free estimates! Second-To-None Painting 905-265-7738

Low Cost Repairs $ Low Cost Repairs $ Low Cost Repairs

24/7 SERVICE

ROOFING REPAIRS Co.

since 1990

emergenCY AnimAl rePAir/leAKS EAVESTROUGH CLEANING FROM $20 All TYPeS of roof rePAirS • AnimAl DAmAge • AnimAl Proofing • gUTTer gUArD • TUCK PoinTing • CHimneYS • SKYligHTS • flAT roofS • VAlleY rePAirS • All VenTing WorK• eAVeSTroUgH rePAirS • SHingleS• SoffiT & fACiA • WinDoW CAUlKing • DoWnSPoUT DiSConneCTion • mAjor & minor rePAirS • liCenSeD AnD inSUreD 26 SENIORS SAME DAY SERVICE years of DISCOUNT Service

647-235-8123

Low Cost Repairs $ Low Cost Repairs

ROOF REPAIRS • Roof repairs from $49

• Leaks & replacement • Eaves trough cleaning, repair & replacement • Chimney cleaning, tuck pointing & rebuild • Animal removal, repair & prevention

SPRING SPECIAL

Eaves or chimney cleaning from $39*

416.802.9909

Free estimates ~ Seniors discount Licensed & insured

$ Low Cost Repairs $ Low Cost Repairs $

June 6th & June 7th, 10:00AM-3:00PM at; • 17 Upton Rd. Scarborough • 1365 Kennedy Rd. Scarborough • 60 McCulloch Ave. Etobicoke

• licensed • honest • reliable • local • experienced • insured • quality workmanship • seniors discount • references

$ Low Cost Repairs $ Low Cost Repairs $

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BECOME A SCHOOL BUS DRIVER

pLuMbiNG

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Looking for a Great Part-Time Job?

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LocaL Work.ca

Low Cost Repairs $ Low Cost Repairs $ Low Cost Repairs

PARKDALE VILLAGER | Thursday, June 2, 2016 |

18

DUN-RITE

ROOFING REPAIRS • SIDING/FASCIA • EAVESTROUGH • TUCKPOINTING • VENTING • GUTTER GUARDS • ANIMAL REMOVAL

• SHINGLES • FLAT ROOFS • SKY LIGHTS • CHIMNEY’S • VALLEY’S • ANIMAL PROOFING

ALL TYPES OF ROOF REPAIRS 24 HOURS EMERGENCY REPAIRS

15% Senior’s Discount

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All masonry work. Insured & Licensed.

For free estimates call Roman

PETER’S DEPENDABLE JUNK REMOVAL

From home or business, including furniture/ appliances, construction waste.

Quick & careful!

416-677-3818 Rock Bottom Rates!

416-684-4324

www.fadomconstructioninc.com

BRICK, NATURAL STONE & CHIMNEY WORK Tuck Pointing, Crack Repair, Flagstone, Windowsills and Much More!

For Free Estimate Call Peter:647-333-0384 www.stardustconstruction.com

19

arTicLES WaNTEd

EMERGENCY?

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James Chen 647-519-9506

fLooriNG & carpETiNG NESO FLOORING

Carpet installation starting from $1.19/ sq.ft. Hardwood, laminate at low prices.

27 yrs experience. Free Estimates. Best Price!

647-400-8198

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ANTIQUES

& Collectibles Wanted Cash for Older:

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25 years experience

COLLECTIQUES 416-431-7180 416-566-7373

DO YOU have a disability? Physical or mental.

We can help you get up to $40,000 back from the Canadian Government. For details, check out our website. www.disabilitygroupcanada.com or call us today at 1-888-875-4787

Metroland Media Toronto

INVITATION TO BID

Metroland Media Toronto is accepting tenders to deliver our weekly product door-todoor within the downtown Toronto area once per week. This entails bulk product pick up from our North York location on Wednesday’s, and have deliveries completed on Thursday’s by 7:00pm to all door-to-door locations.

All applicants must be a registered business, have a cargo van or cube truck and a valid HST number.

Bid packages available at the Reception desk of: Metroland Media Toronto 175 Gordon Baker Rd. Toronto, ON M2H 0A2 Bids will be received until 12:00 noon Monday, June 13th, 2016 ATT: Circulation Manager

Contract commencing: June 30th, 2016

Lowest or any bids will not necessarily be accepted.

Only the successful Company will be contacted.

Metroland Media Toronto

INVITATION TO BID

Metroland Media Toronto is accepting tenders to deliver our weekly product to drop locations within the downtown Toronto area 1-2 times per week. This entails picking up product from our North York location on Wednesday’s, deliveries completed by Thursday’s at 12:00noon to all drop locations.

All applicants must be a registered business, have a cargo van or cube truck and a valid HST number.

Bid packages available at the Reception desk of: Metroland Media Toronto 175 Gordon Baker Rd. Toronto, ON M2H 0A2 Bids will be received until 12:00 noon Monday, June 13th, 2016 ATT: Circulation Manager

Want to get your business noticed?

Call

1-800-743-3353 to plan your advertising campaign today!

Contract commencing: June 27th, 2016

Lowest or any bids will not necessarily be accepted.

Only the successful Company will be contacted.

Need To Place A Classified Ad? Call 1-800-743-3353

YOUR WeeklY CROssWORd

sUdOkU (diffiCUlt)

How to do it: fill in the grid so that every row, every column, and every 3 by 3 box contains the digits 1 through 9.

w See answers to this week’s

puzzles in next Thursday’s edition

JUN 02 2016 |

last week’sanswers

diversions

CRIMINAL RECORD? Don’t let your past limit your career plans!

Since 1989 Confidential, Fast Affordable - A+ BBB Rating EMPLOYMENT & TRAVEL FREEDOM Call for FREE INFO BOOKLET 1-8-NOW-PARDON (1-866-972-7366) www.RemoveYourRecord.com

TENdErS

| PARKDALE VILLAGER | Thursday, June 2, 2016

pLuMbiNG

19

What the TDSB doesn’t want to talk about in this round of bargaining.

Safety in schools is a concern for us all! | JUN 02 2016

Visit SafeSchoolsNow.ca for more information.

20

*This ad depicts real, ongoing situations within TDSB schools.

Find your area Trustee at SafeSchoolsNow.ca Tell your Trustee you want to talk about safety in schools!