The Toronto Real Estate Board reported continued average price growth on a year-over-year basis for Toronto condos and lofts. The average selling price was $510,206 in Q3 2017 – up by 22.7% compared to the average of $415,894 reported in Q3 2016. The Toronoto condo and loft market segment has exhibited the strongest average rates of price growth since the spring, relative to other major market segments. Competition between buyers remains strong, as listings remain below last year’s very constrained levels. The condo and loft market is not immune to a listings shortage. There were 5,684 condo and loft sales reported in the third quarter ...
Condo Market Conditions Remain Tight in Q3
October 28, 2017Downtown Toronto Condos Market Reports Toronto Condo Buyers Toronto Condo Information Toronto Condo Market News Toronto Condo News Toronto Condo Sellers Toronto Real Estate News
New Listing in the Entertainment District - 199 Richmond St W 202
October 8, 2017
Located In The Heart Of The Entertainment District, The High Demand Studio On Richmond, Conveniently Located, Steps To The Subway, Financial District, Shopping, Night Life, Restaurants & Cafes, Eaton Centre, Minutes To The Rogers Centre, Air Canada Centre, King / Queen West, Ultra-Chic 2 Bedroom + Study / 2 Bathroom Split Plan, Caesarstone Kitchen Counters, Upgraded Backsplash, Centre Island, Freshly Painted, 9' Ceilings, 100 Walk Score, 100 Transit Score. Fantastic Amenities: Weight Room, Cardio Room, Yoga Room, Aqua / Media / Winter Lounges, Billiards Room, Dining Room, Bar. Miele Fridge, Oven, Cooktop, And Range ...
VIP Broker Sales Underway at Time and Space Condos
June 25, 2017Downtown Toronto Condos Investing in Real Estate New Construction Projects New Toronto Condos Toronto Condo Buyers Toronto Condo Listings VIP Broker Events
Time and Space Condos is a great new condo project located at Front and Sherbourne, situated between Toronto’s historic St. Lawrence Market and The Distillery District. Pemberton Group presents downtown’s most-anticipated new condo project – Time and Space Condos. Encompassing an entire city block, Time and Space will transform this landmark location and offer residents a vibrant future. Exclusive amenities include a fitness centre, theatre, party room, games room, outdoor dining, outdoor games, pool with cabanas and a landscaped courtyard. VIP sales are underway for Phase 2. Phase 1 has already sold out, and this is a fantastic opportunity for ...
VIP Broker Sales Underway at The Plant Condos
March 30, 2017Downtown Toronto Condos New Construction Projects New Toronto Condos Toronto Condo Buyers Toronto Condo Listings VIP Broker Events
The Plant Condos is a great new project located in Queen West. Art galleries, restaurants and boutiques make Queen Street West a great Toronto neighbourhood to live and play in. It’s no surprise the Vogue Magazine loved it so much, they named it to its list of “the coolest neighbourhoods in the world”, in 2016. The Plant Condos will consist of only 78 wider units to maximize nurturing light, more spacious layouts with a family in mind, 2 & 3 Storey Towns – some with inventive “pop-up” terraces. Suite details like large eat-in kitchens, options for pantry storage and available custom ...
New Listing - 42 Camden St 204 Zen Lofts
January 20, 2017Downtown Toronto Condos Toronto Condo Buyers Toronto Condo Listings Toronto Condo Sellers Toronto Lofts
Rarely Offered 2 Storey Zen Loft In The Heart Of The Fashion District, Quiet Boutique Building Only 35 Units, 98 Walk Score, Trendy Restaurants, Shops & Cafes On King/Queen West, Floor-To-Ceiling Windows, Exposed Concrete Ceilings & Hvac, King Size Master Bedroom, Chef's Kitchen W/Gas Stove, Large Center Island, Granite Counters, Luxurious Bath With Glass Rain Shower & Deep Soaker Tub, Right Beside St Andrew's Park, Ample Closet Space, Don't Miss This One! Extras: Stainless Steel Fridge, Gas Stove, Built-In Dishwasher, Microwave, New Miele Washer/Dryer, Upgraded Ceiling Fans/Light Fixtures, Custom Drapery & Blinds, Wood Paneling On Walls In Living And 2nd ...
Toronto Condo Builders are Catering to Increasingly Sophisticated Buyers
December 8, 2016Downtown Toronto Condos Luxury Condos Midtown Toronto Condos New Construction Projects New Toronto Condos Toronto Condo Buyers Toronto Condo Market News Toronto Condo News
Judging by the numbers, there’s no shortage of buyers for luxury properties in Toronto. Suites in Toronto’s Yorkville neighbourhood have skyrocketed from $800 per square foot a few years ago to close to $2,000 per square foot today. Luxury resales and rentals are hot commodities. RE/MAX reveals that sales of condo suites priced over $2 million rose 42% in Toronto compared with the same period in 2015, driven mainly by demand from downsizers and the limited inventory of single-family homes. Urbanation reports almost 1,000 units renting for more than $3,000 per month so far this year — 17% higher than for all of ...
VIP Broker Condo Pricing in Yorkville - Avenue 151
December 1, 2016Downtown Toronto Condos Luxury Condos Midtown Toronto Condos New Construction Projects New Toronto Condos Toronto Condo Buyers Toronto Condo Listings Toronto Condo News
Located on the border of the Yorkville and the Annex neighbourhood, with Rosedale just a few blocks away, 151 Avenue Road offers an incredible central location. Avenue Road at Davenport is an enclave with a personality all its own. Surprisingly quiet and unpretentious, this little pocket of upper Yorkville is a favourite with urbanites who don’t want the hectic pace and noise of living a few blocks to the south. This exclusive residence favours quality over quantity. Every square inch of the 72-unit structure has been thought out, with carefully-considered details ranging from the organic waves of the curvaceous exterior ...
Condo Rents in Toronto Soar as Demand Outstrips Supply
October 17, 2016Downtown Toronto Condos Market Reports Toronto Condo Information Toronto Condo Market News Toronto Condo News Toronto News Toronto Real Estate News
Toronto's condo rental market is beginning to mimic its ultra tight resale housing market, with soaring demand, lack of supply and costs rising to record levels. The number of condo apartments rented through the Multiple Listing Service (MLS) system in the third quarter of 2016 dropped 9% from last year to a total of 7,651 units. The drop can be at least partly attributed to a 30% year-over-year decline in the number of new projects. This lack of availability is sending condo rents skyward, with the number of units renting for above asking price, more than doubling from a year ago. Overall in tht ...
Condo Market Conditions Tighten in Q2
August 7, 2016Downtown Toronto Condos Market Reports Toronto Condo Buyers Toronto Condo Information Toronto Condo Market News Toronto Condo News Toronto Condo Sellers Toronto News Toronto Real Estate News
The Toronto Real Estate Board announced another very strong quarter for condominium apartment sales in Q2 2016, with 8,965 condo apartment sales between the beginning of April and end of June. This result represented an increase of 17.4% in comparison to the same period in 2015. Even though there have has been a lot of new condo construction over the last few years, project completions have not resulted in a glut of inventory. Over the past year, there has been tighter market conditions and accelerating annual rates of price growth. The average selling price of a condominium apartment in Q2 was $415,326 – up 7.1% compared ...
Strong Condo Sales and Price Growth in Q1
April 23, 2016Downtown Toronto Condos First-Time Buyers Midtown Toronto Condos Toronto Condo Buyers Toronto Condo Information Toronto Condo Market News Toronto Condo News Toronto Condo Sellers Toronto Lofts Toronto Real Estate News
The Toronto Real Estate Board reported 5,974 condominium apartment sales for the first quarter of 2016 – an increase of 21.2% compared to the first quarter of 2015. Approximately 70% (4,131 sales) of first quarter 2016 transactions occurred in the City of Toronto. The same annual rate of growth was not experienced for new listings. There were 11,112 new condominium apartment listings in the first quarter – down 1.7% compared to the same period in 2015. "It is clear that the demand for condominium apartments more than kept up with the supply of listings in the first quarter of this year. This housing type is ...