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East York people, places, events & insights

@ HOME WITH KEVIN 037: Tips to ensure you get the most out of buying and owning a rental property

Posted by on Jan 13, 2018

2018 just may be the year to take advantage of East York’s hot rental market!  If you’re not planning to sell your home anytime soon, consider leveraging the equity in your home to buy an income property. I’ve got four thought starters to help ensure you make a profitable investment. Frame of Mind: Before you dive in, what’s your frame of mind around an investment buy?  Are you seeking financial freedom?  Is this to occupy your retirement or spare time hours?  Is it to have an asset to pass on?  Will you be happy with neutral income and passive property value growth?  Or do you need immediate, positive monthly cash flow?  Maybe it’s a combination of these or other factors, but the financial needs and personal reasons why you want an income property deserve ample consideration and will guide...

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There’s additive-free fish and seafood right here in East York!

Posted by on Dec 5, 2017

If you’re looking for top of the line Canadian fish and seafood free of hormones and antibiotics for your dinner table, you want to visit Fisherfolk…

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The “good guys in food service” are based in East York

Posted by on Dec 4, 2017

If you go to an East York area restaurant or diner this holiday season, the chances are good that S&A Foods has provided its supplies.

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GET OUTTA TOWN 036: Helping the Caribbean bounce back

Posted by on Dec 3, 2017

295 km/h. That was the highest recorded speed of the winds being generated by Hurricane Irma back in September as it pounded the Caribbean and southeastern United States.  Irma would go on to become one of the most damaging weather events in the history of the chain of islands dotting the Caribbean Sea.  As if it were a cruel joke, some of those islands that thought they had survived Irma were hit by a near equally devastating hurricane named Maria just weeks later while the British Virgin Islands received a double dose of grief as they were hit by both hurricanes. Apparently, Mother Nature does not believe in fairness. Irma devastated the Caribbean islands of Anguilla, Barbuda, the British Virgin Islands, the U.S. Virigin Islands, Turks and Caicos and St. Maarten/St. Martin, while Maria lashed out its fury mainly...

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@Home with Kevin 036: Real Estate 2017: Like Santa’s sleigh ride —in a blizzard!

Posted by on Dec 3, 2017

Inevitably as you head into the holiday fray, real estate comes up in conversation.  Here’s a recap to help you chat with savvy about the 2017 market, which has been much like one might imagine thinking about Santa’s sleigh ride in a blizzard. We started with strength from 2016.  By March, the average price of detached homes across the GTA had risen to $1.21 million up 33.4% over 2016. That continued until April, when the Ontario government introduced a 15% foreign-buyers tax as part of a package of reforms designed to cool the heated housing market.  By June, home sales fell 37% in the GTA and prices were down almost 14% from April’s peak. Speaking from the trenches, I feel what caused the market to flatten was the exasperated step back taken by local, non-investor buyers and sellers. Many...

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CANVAS Condos breaks ground

Posted by on Dec 1, 2017

Marlin Spring President Zev Mandelbaum (fourth from right) joined colleagues and dignitaries who recently hoisted shovels on Nov. 15 to mark the recent official groundbreaking celebration for CANVAS Condominiums on Danforth Avenue. Located at 2301 Danforth Ave. between Woodbine Ave. and Main St., occupancy is slated for June 2019. Left to right in photo, participants included Linda Mitchell Young,  President, Linda Mitchell Marketing Inc.; Alan Weiner, Harbour Equity; Elliot Kazarnovsky, Marlin Spring;  Ari Silverberg, Harbour Equity: Zev Mandelbaum;  Tom McGee, Constituency Manager representing MPP Beaches – York, Arthur Potts; Benjamin Bakst, Marlin Spring; Ira Markus, Harbour...

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