The DeClute Super Offer of the Month for June!

Veloute

Patio season has arrived, the perfect time to enjoy Veloute’s gorgeous front and rear patios located at 2343 Queen Street East.  Veloute  will be featuring a Wild Game menu the last week of June, followed by a special Summerlicious menu starting July 9th. For more information please visit www.veloute.ca

By simply mentioning the “Declute Real Estate” name, individuals will receive free corkage throughout the month of June at the restaurant. Bring your favourite bottle of wine and enjoy a delicious dining experience.

Please call ahead for a reservation at 416-696-7392.

Experience Counts

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As the market changes and the media spins it, we are often asked: what’s really happening with the market? It’s amazing what you notice when your real estate antenna is up.

With three generations of experience we know a changing market. In fact nobody knows it better.

In Toronto we are in a strong sellers market, even with the newly released TREB stats, and we have been for a long time. It’s great to live and work in an area where your home can also be a blue chip investment.

According to the Toronto real estate board we have a listing supply of 1.1** months and that is increasing. A balanced market typically has a listing inventory of 5 months. A buyer’s market is when we have a listing inventory of more then 6 months. A balanced market is a good market for both buyers and sellers. In the GTA we have been in a strong seller’s market for quite some time. This is a result of the simple economics of supply and demand.


We are fortunate to live in an area of the province where our investment in real estate returns so well. As the supply of available listings rises it gives buyers the opportunity to take their time and look at a few houses, think about making an offer, look at a few more houses and then decide before choosing one.

So what does it all mean?

Don’t ever react out of fear. For example when purchasing a home – thinking that if you don’t buy this week you will never get into the market can lead you to make a rash decision in your purchase. Do your homework, check out the neighbourhoods you want and the surrounding neighbourhoods, get your financing pre-approved. We can help you with all of this. Go over your wish list, review it and decide which areas are not up for compromise and which are. Do you need 4 car parking or is a finished basement more important?

If you have a house to sell as well then its time to get to know yourself a little better. How much tolerance do you have for risk? Do you want to sell first or buy your next house first?

If you sell first then you will know how much you have to spend on that new home although you risk that you may not find it right away. We always suggest getting out to look at some potential homes. Satisfy yourself that what you want is out there.

On the other hand you may be more concerned about where you will live and the house you will be buying next and you want to find it and buy it before you sell. The risk in buying first is that you may not sell for what you thought you would or in this market you may sell for more and you could bank some extra money.

Either way do some soul searching whether buying or selling.
If you are a seller there is nothing more important when selling your house than working with an experienced realtor who knows the market and can anticipate and confidently negotiate a changing market. A realtor who knows how to find the buyer who can pay the most money and give you the best terms. A realtor with experience in your neighbourhood.


If you are a buyer again there is nothing more important than working with an experienced realtor who can negotiate a deal for you if there is one to be had. A realtor who will find the opportunities and get you front of line for a deal. Someone who knows the market. Remember although there are more houses on the market for buyers to choose from we are still in a very strong sellers market.

Putting it all in Perspective

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** Based of TREB (Toronto Real Estate Board) statistics for May 2017

Putting Our Clients First

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We are always looking for ways to ensure our clients the highest level of service by utilizing leading edge technologies and marketing strategies. This month we are very PROUD to announce the roll-out of a new service we will be providing our clients.

BrokerBay: The Ultimate Listing Tool

BrokerBay brings many benefits to our clients and our team.

  • For Sellers, this tool will allow us to pre-market your property on its Exclusive Network. We can share your listing with as many or as few targeted brokerages on your behalf prior to launching your home on MLS.
  • For Buyers, this tool gives us access to valuable properties that aren’t listed on MLS and is for realtors only. We can efficiently send valuable exclusive listing information to our clients with a click of a button.
  • For our Agents, automatic listing notification alerts ensuring we don’t miss a great opportunity for our clients.


Curious to know more about BrokerBay and how it benefits you? Just ask us for more details!

The DeClute Super Offer of the Month!

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Alicia Thurston Photography is a published photography studio in Toronto, capturing engagements + weddings, newborns + families as well as corporate + lifestyle portraits. Alicia loves to work on location with couples and families, finding the perfect place to suit their style. Alicia’s studio is located in the Beach, offering a great spot for corporate + lifestyle head shots.

Here are a few words from Alicia;

“Making your images authentic is my goal. The connections you make with people, your loved ones, are the foundation of your story. I want to capture those connections. Learning about your every day moments, your favourite pastimes and your dreams will inspire beautiful images that tell a story.

My perfect day would start with French toast in bed, snuggles and laughter with my kids before heading out on the water on my SUP board. What would make your day perfect?”

Mention the DeClute Real Estate office in May or June 2017 and you will receive 15% off any of Alicia Thurston Photography’s services.

For more information check out www.aliciathurston.com or e-mail or call Alicia at info@aliciathurston.com or 416.627.3680.

Toronto’s Top Real Estate Teams Join Forces

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In a strategic alliance unprecedented in the Toronto Real Estate Industry, DeClute Real Estate and Wright Sisters Real Estate companies have established a collaborative brokerage that will offer incredible benefits for all of their clients.

Both local, family-owned and operated businesses, DeClute Real Estate Inc. and Wright Sisters Real Estate have entered into a cooperative agreement and will now share a common leadership team under the newly formed Union Realty Inc., Brokerage. 

Long established and well respected competitors in Toronto’s real estate industry, both companies have earned their reputations as the most reliable and results-driven real estate teams in the GTA, with combined sales reaching $400 million in 2016.

Read more in an article featured in the April 7th edition of the Globe and Mail.

Year over year home prices skyrocket in the GTA

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The average selling price was up by 27.7 per cent year-over-year to $875,983. Annual rates of price growth continued to be strongest for low-rise home types, particularly detached houses. Growth rates for condominium apartment prices were also in the double digits, likely a result of strong demand from first-time buyers.

“The listing supply crunch we are experiencing in the GTA has undoubtedly led to the doubledigit home price increases we are now experiencing on a sustained basis, both in the low-rise and high-rise market segments. Until we see a marked increase in the number of homes available for sale, expect very strong annual rates of price growth to continue,” said Jason Mercer, TREB’s Director of Market Analysis.

For a more detailed analysis, read the TREB Market Watch for February

Home Ownership 101

Maybe you’ve been surfing some real estate sites lately, and you’ve come across a few terms that are somewhat foreign – a refresher course on home ownership in Canada may help. Real estate in Canada has 3 broad categories of home ownership – freehold, condominium, and co-operative. What’s the difference? Quite a lot actually, so here’s what you need to know:

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