For your personal appointment to view this property, call David Arthurson at 905-888-6222
For your personal appointment to view this property, call David Arthurson at 905-888-6222
GTA Commercial REALTORS® Report Monthly Commercial Figures
TORONTO, May 4, 2011 — TREB Commercial Members reported 842,406 square feet of leased space in April
2011, down 27 per cent from the 1,155,944 leased square feet reported in April 2010.
“As the Canadian economy continues to expand in 2011, demand for commercial real estate is expected to remain
healthy, albeit with some month-to-month volatility in transactions. Exports are generally expected to make a
larger contribution to growth this year, which is important for firms located in the GTA,” noted Toronto Real Estate
Board Commercial Division Chair Larry Purchase.
By category, TREB Commercial Members leased 739,639 square feet of industrial space, down 26 per cent from
995,569 square feet recorded in April 2010. In addition, 51,317 square feet of commercial space was leased
during the month, a 39 per cent decline from the 84,555 square feet leased in April 2010. Finally, 51,450 square
feet of office space was leased, down 32 per cent from the 75,820 square feet leased in April 2010.
Industrial space in all size categories leased for an average of $4.33 per square foot net (sfn), a 10 per cent decline
from the average of 4.79/sfn recorded in April 2010. Commercial space leased for an average of $16.24/sfn, up 32
per cent from the average of $12.34/sfn reported in April 2010. Office space leased for an average of $9.25/sfn,
down 28 per cent from the average of $12.78/sfn in April 2010.
Sales Market Highlights
TREB Members recorded 44 sales of IC&I properties last month, including 23 industrial buildings of all size
categories which sold for an average price of $127.16 per square foot, a 137 per cent increase over the average of
$53.66 per square foot recorded in April 2010. The average sale price for Industrial properties from non-MLS
sources was $94.09 per square foot. In addition, 21 Commercial/Retail properties sold for an average of $143.80
per square foot, a 42 per cent decrease over the average of $248.86 recorded in April 2010.
Asif Khan, Realtor
Re/Max All-Stars Realty Inc.
Google me: Asif Khan ReMax
GTA REALTORS® REPORT MONTHLY RESALE HOUSING FIGURES
TORONTO, May 4, 2011 -- Greater Toronto REALTORS® reported 9,041 existing home sales through
the TorontoMLS® system in April 2011.
This result was down 17 per cent compared April 2010 when sales spiked to a new record of 10,898.
While off last year’s record result, April 2011 sales were in line with the average April sales level reported
over the previous five years.
“Existing home sales have been strong from a historic perspective through the first four months of 2011.
Expect the pace of sales to remain robust through the spring, as the economy expands and home buyers
continue to benefit from affordable home ownership opportunities,” said Toronto Real Estate Board
(TREB) President Bill Johnston.
Market conditions tightened markedly over the last year. April 2011 sales accounted for 62 per cent of
new listings during the month – up substantially from 53 per cent in April 2010. Tighter conditions
resulted in the average April selling price growing by nine per cent annually to $477,407.
“The number of listings has been below expectations so far this year. Increased competition between
home buyers has led to an accelerating annual rate of price growth,” said Jason Mercer, TREB’s Senior
Manager of Market Analysis. “The strong price growth experienced in April should result in more listings
and more balanced market conditions.”
Asif Khan, Realtor
Re/Max All-Stars Realty Inc.
Google me: Asif Khan ReMax
April 27, 2011 - L.A. Times
Superman renouncing his U.S. citizenship is the newest wrinkle of the fascinating life of the man of steel. In the latest issue of Action Comics, Superman becomes overly concerned that his heroism is being viewed as a tool for the United States exclusively. "I intend to speak before the United Nations tomorrow and inform them that I am renouncing my U.S. citizenship. I'm tired of having my actions construed as instruments of U.S. policy," the superhero says in issue No. 900. " 'Truth, justice and the American way' -- it's not enough anymore," the man from Krypton says, refocusing on a more global approach to crime-fighting. "Superman is a visitor from a distant planet who has long embraced American values. As a character and an icon, he embodies the best of the American way," DC's co-publishers, Jim Lee and Dan DiDio, said in a statement to the N.Y. Post. "In a short story in ACTION COMICS 900, Superman announces his intention to put a global focus on his never-ending battle, but he remains, as always, committed to his adopted home and his roots as a Kansas farm boy from Smallville," they said. The controversial story in question is titled "The Incident," written by David S. Goyer with art by Miguel Sepulveda. In the tale, Superman is reprimanded by a Secret Service staffer for appearing at a nonviolent protest in Tehran against the Iranian regime. It's then that he realizes he doesn't represent the U.S.A.; he is on Earth to protect everyone. Asif Khan, Sales Representative
The use of compostable bags in the Green Bin program will be mandatory for households receiving Green Bin curbside collection as of May 1, 2011.
Why are compostable bags better? Certified compostable bags and paper bags are a more sustainable and environmentally-friendly alternative. Unlike plastic bags which must be removed at the end of the composting process and sent for disposal, compostable liners are made from cornstarch or plant-based material that breaks down completely during the composting process. How will I know if I'm using the right bag? Please be aware that there are a number of brands that market their bags for use with compostable Green Bin waste, but some of these may not be compostable. Some bags may also be branded as biodegradable rather than compostable. Biodegradable bags break down into smaller pieces of plastic. These smaller pieces will not decompose and will become a contaminant in the final composted product. Certified compostable bags will display a Compostable logo on the packaging.
York Regional Police have charged two Toronto men with first-degree murder in a deadly "staged" home invasion that occurred in Markham last November.
In the Markham incident, a 53-year-old woman was fatally shot and her husband was wounded when three armed assailants broke into their home on Nov. 8, 2010.