Selling your House in Toronto

Learn How to Sell a House Fast & Profitably

Selling

It is arguably the real estate market will slow during this season. This is good for real estate agents and property investors who have worked very hard to help clients buy and sell houses but not so good for buyers and sellers.

If you’re in the market to buy a house in December and January can be a good time to take a bargain on a house because there are not many buyers. It can also cause a problem for home buyers because the number of homes available is generally lower during the holidays as home sellers do not want to travel during this time.
The cold also affected the property market.

The colder it is outside the home buyers are at least buying a new house greater and the lower number of open houses real estate agents have. During the months when the weather is hot, the number of houses for sale increases as the number of homes sold each month.

Does this mean you should wait to sell your house before spring? Well, if you can wait it might be a good idea too, but many homeowners must sell their house now.

The truth, that’s life happens and there are many reasons a home you expect to stay in seven to ten years suddenly becomes a home you can stay in two or three years.
Homeowners who must sell their home fast are usually one of the following reasons: foreclosure, job transfer, divorce, relocation, family illness, selling, etc. There are many homeowners have reasons to sell a house, but if you experience any of the issues mentioned above you are more likely to need to sell quickly.

The problem with need to sell a house quickly in today’s market, real estate is many homeowners have no equity and so selling a home can be very difficult. If you owe more for your mortgage than your house is worth may seem impossible to sell your home. The truth is that you still have options of selling a house. You can have a real estate professional or investor completes a short sale, the option of renting your house until the market rise, or you can rent your home until the market rises and selling then.

It is important that if you’re interested in selling a home, you discuss all your options with a real estate professional. Real estate can be a difficult thing to handle especially when you have an emotional attachment to the house. All options of your discussion with someone who is an expert and has no emotional attachment can help facilitate the process of selling a house.

www.PeterTarshis.com

Heritage Toronto Moment: Government House

Urban Toronto has partnered with Heritage Toronto to capture a moment in Toronto's past. On a weekly basis, we highlight historic photos of the city's people, places and events, and tell the stories behind them.

There's no doubt how much has changed in the City of Toronto over the past 100 years physically, socially, culturally or otherwise.

This photograph, taken in 1912, offers a window into the times. It depicts Government House, a stately structure that was the home of the Lieutenant Governor of Ontario. Government House was located on the southwest corner of Simcoe and King Streets, an important intersection that was often referred to as “Legislation, Education, Damnation and Salvation!”


Heritage Toronto Moment: Government House

Throughout the history of the province, there have been numerous homes for the Lieutenant Governor. Built between 1866-1870, this new residence of the Lieutenant Governor became a showpiece for the area. It was designed by Gundry and Langley featuring a picturesque tower, sloped mansard roof, as well as dormer windows. It was built in red brick and Ohio Limestone in what the architect Henry Langley called “in the modern French style of architecture which has been adopted largely in American cities and is rapidly getting into favour in England.”

In the far right of this aerial view facing Simcoe Street can be seen the carriage porch, a feature of domestic architecture that by 1912 would soon be phased out with the advent of the automobile. On the south side of the structure is an elaborate façade above which was the state bedroom suite on the second floor that looked out onto carefully manicured grounds. Further to the left is a greenhouse. Inside Government House were numerous spaces including a dining room, reception room, business office, drawing room, guest suite, and morning room.

By the turn of the 20th century the King and Simcoe area was much changed and a new location for Government House was being sought. In 1912, the building was extensively photographed prior to its demolition, including the exterior seen here.

Many years after Government House was demolished, Roy Thomson Hall was built on the site.

Many thanks to both Gary Switzer of MOD Developments and Maya Bilbao for putting together the photos and research.