The Toronto housing market is headed for even more polarization according to BMO Economics’ latest weekly financial digest. Senior Economist Robert Kavcic believes detached houses will continue to be a hot commodity while condo prices could be in for “much more subdued growth, even stagnation for smaller units” by the end of the decade. […]
toronto home selling
GTA home sales surge nearly 15 per cent in first half of February, 2015 TREB
The winter cold didn’t chill sales of existing homes in the GTA: the Toronto Real Estate Board (TREB) counted 3,120 transactions in the first two weeks of February, a 14.9 per cent jump over the same time in 2014. Prices also experienced double digit growth. In the first part of the month, the average sale […]
Central Toronto Relisting Results In Sale Of Custom-built York Mills House
53 Munro Blvd., Toronto ASKING PRICE $2.2-million SELLING PRICE $2.01-million PREVIOUS SELLING PRICE $850,000 (1997) TAXES $13,079 (2014) DAYS ON THE MARKET 25 The Action: This custom-built home briefly tested market interest late last fall and reappeared mid-January when similar move-in-ready homes took one to two months to sell. So the sellers patiently dismissed […]
Central Toronto High-end Features Helped Townhouse Near Trinity Bellwoods Sell Quickly
254 Manning Ave., Toronto ASKING PRICE $1,189,900 SELLING PRICE $1,189,900 PREVIOUS SELLING PRICE $724,779 (2013) TAXES $3,087 (2015) DAYS ON THE MARKET One The Action: The sellers of this three-storey townhouse chose finishes and features similar to a former showroom promoting the infill project built by Urban Capital and Shram Homes and designed […]
Central Toronto Buyers Wooed By Neigbourhood’s ‘Sense of Community’
187 Glenforest Rd. ASKING PRICE $1,398,000 SELLING PRICE $1,575,000 PREVIOUS SELLING PRICE $445,000 (1997) TAXES $7,205 (2015) DAYS ON THE MARKET 7 The Action: Foreign buyers made their assessment of this detached house from a distance by scanning floor plans, a virtual tour and home-inspection documents. That was enough to peresuade them to […]