Ultra-Chic 1 Bedroom In The High Demand Ultima At Broadway By Menkes, Thousands In Upgrades, Caesarstone Kitchen Countertops, Under-Mounted Sink, New Broadloom In Master Bedroom, Freshly Painted, Conveniently Located In The Heart Of North York, Direct Underground Access To The Subway, Minutes To Empress Walk, Yonge Sheppard Centre, Restaurants, Shopping, Cafes, Theatres, 97 Walk Score, Best 1 Bedroom Functional Layout, South Facing High Floor Exposure. Parking Space Located Near Elevator, 1 Year Old Bosch Dishwasher, Fridge, Stove, Microwave, Washer/Dryer, Balcony Tiles, Window Coverings & Light Fixtures, Fabulous Building Amenities. 1 Bed, 1 Bath, Parking and Storage Locker Included ...
New Listing in North York - 4968 Yonge St 3110
June 15, 2017
Strong Start to 2017
February 12, 2017First-Time Buyers Market Reports Toronto Condo Buyers Toronto Condo Market News Toronto Condo News Toronto Condo Sellers Toronto Real Estate News
The Toronto Real Estate Board reported 5,188 residential transactions in January. This result was up by 11.8% compared to 4,640 sales reported in January 2016. Annual rates of sales growth were higher for condos than for low-rise homes. January picked up where 2016 left off: sales were up on a year-over-year basis while the number of new listings was down by double-digit annual rates for most major home types. Home ownership continues to be a great investment and remains very important to the majority of GTA households. As we move through 2017, the demand for ownership housing will remain strong, including demand from first-time buyers who could ...
Pre-Construction Condos: Should You Use a Realtor?
August 1, 2016First-Time Buyers Investing in Real Estate New Construction Projects New Toronto Condos New Toronto Lofts Real Estate Tips Toronto Condo Buyers Toronto Condo Information
Should you use a realtor when buying a new pre-construction condo? The answer for this is a definite YES. I specialize in helping buyers navigate through the complicated process of buying new condos. There are many pitfalls and disadvantages of buyers going it alone when dealing with the builders’ sales staff. Above all else, realize that the builder’s sales team works for the builder and only the builder. That is where their loyalties lie. They simply have zero interest in protecting you or your rights, or in getting you the best deal or best location within the building. By using a pre-construction condo ...
Distinction Condos - VIP Broker Sales
May 30, 2016First-Time Buyers Investing in Real Estate Midtown Toronto Condos New Construction Projects New Toronto Condos Toronto Condo Buyers Toronto Condo Listings VIP Broker Events
The Distinction Condos is a great new project located at Yonge and Eglinton. Lash Group of Companies is developing this brand new project in Midtown Toronto. Sitting a few blocks west of Mount Pleasant Road and just one block south of Eglinton, this is the place a discerning few will soon call home. Distinction Condos looks out over quiet residential streets and is just a five-minute walk from the thriving corners of Yonge and Eglinton. A short stroll from Distinction Condos takes you to all the stores, restaurants and convenient transit options this neighbourhood offers. The Distinction Condos is 19 storeys, with ...
Priced Out of Detached Homes, Toronto Buyers Turn to Condos
May 6, 2016First-Time Buyers Market Reports New Toronto Condos Toronto Condo Buyers Toronto Condo Information Toronto Condo Market News Toronto Condo News Toronto News Toronto Real Estate News
A new study suggests the record pricing being fetched for single detached homes is forcing buyers in Toronto to seek condominiums. Condominium research company Urbanation Inc. says 5,615 new condominium apartments were sold across the Greater Toronto Area during the first quarter of 2016, up 32% from a year ago and just below the record of 5,680 sales in the first quarter of 2012. “The inventory shortage experienced for low-rise housing has spread into the high-rise segment. More and more buyers priced out of the single-family home market are looking for alternatives in the condo market, providing a clear opportunity for new ...
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 ...
Condos a Popular Option as Average Toronto Detached Prices Hit $1.2M
April 6, 2016First-Time Buyers Toronto Condo Buyers Toronto Condo Information Toronto Condo Market News Toronto Condo News Toronto Real Estate News
First-time homebuyers looking to enter the Toronto market are increasingly scooping up condos, even as competition drives the average price of a detached home up to $1.2 million. Residential property prices in Toronto have shot up 12 per cent over last March, according to first-quarter numbers from the Toronto Real Estate Board. Those numbers were boosted by the ever-rising price of fully detached homes and condos in the city. The average detached price is now $1.17 million, while the average condo price is at $416,251, according to the report. The number of sales also shot up 16 per cent, when ...
As Detached Home Prices Soar, First-Time Buyers Turn to Condos
March 9, 2016First-Time Buyers Toronto Condo Buyers Toronto Condo Market News Toronto Condo News Toronto News Toronto Real Estate News
"In Toronto, the average first-time buyer would need to save for 76 months, or more than six years to afford the down payment on a low-rise property. The costs of a detached house now consumes more than 70 per cent of median household income in the city. Even as buyers in Toronto and Vancouver have struggled to get a foothold into the market for detached houses, condos have proved to be an increasingly affordable option for many." Full Globe and Mail article Source: Tamsin McMahon - The Globe and Mail If you want to buy or sell a Toronto ...
How to Get the Most Out of Your Pre-Construction Condo Purchase
October 23, 2015First-Time Buyers Investing in Real Estate New Construction Projects New Toronto Condos New Toronto Lofts Toronto Condo Buyers Toronto Condo Information
Whether you’re an investor or an end-user, buying a condominium during the pre-construction stage can have several advantages. For one thing, if you’re prepared to wait the average two or three years for the building to be finished, you will own the newest building on the block. That brings the peace of mind knowing that you’ll have the lowest maintenance fees and highest reliability. Buying pre-construction can also save you 5% or more on the purchase price, by the time the project is complete. One of the biggest advantages of a pre-construction purchase is that you’re splitting up the down payment. It ...
Toronto Condos the Only Option for First-Time Home Buyers
October 18, 2015First-Time Buyers Investing in Real Estate Toronto Condo Buyers Toronto Condo Information Toronto Condo Market News Toronto Condo News Toronto News Toronto Real Estate News
"Condos are the only affordable option for average first-time homebuyers in Canada’s largest city, according to data from two real estate authorities released Monday. The Re/Max Hallmark Ltd. Homebuyer Survey found those planning to buy their first home in the Greater Toronto Area over the next 18 months expect to spend $455,000 on average, with a mean down payment of 22 percent. That puts detached, semi-detached, and townhouse living well out of the average price range in the 416 area code, according to the Toronto Real Estate Board’s (TREB) September resale housing figures. The average condo in Toronto costs $418,603 ...