Downtown Toronto

Strong Demand For Condos Leads Toronto Real Estate Market News

December 6, 2017- Condo apartment sale prices are up 17.7% from a year ago and condo townhome prices are up 12.3%. There is strong demand for condos of all sizes and types- including the over $2,000,000 price point. The freehold house market is less predictable right now. For example, prices of detached homes in Central Toronto are down 1.7% from a year ago, although some attract multiple offers and sell over asking. The feeling is that the newest wave of government regulations, regarding mortgage lending, which come into play after the end of this year, will not affect the ability of most buyers to buy and that we will see a strong Spring market- condos especially. Read all the details in TREB’s new Market Watch report and for confidential, personalized real estate service, contact Andrea Stark, Sales Representative, Johnston & Daniel Division of Royal LePage Real Estate Services Ltd., Brokerage 416-489-2121

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Toronto Condo Market Reaching New Heights

November 2, 2017- The October 2017 stats show that the average sale price of detached homes in Toronto is now $1,287,765- back to about the same level it was at a year ago. However, condo apartment prices have increased 20.9% in a year- to an average of $555,004. The demand for condos is increasing for several reasons- freehold house prices are not affordable for many, rentals are high priced and hard to find, and many home owners- young and old- are choosing to live experientially instead of maintaining a house. Read TREB’s Market Watch Report and contact Andrea Stark, Sales Representative, J&D Division, Royal LePage RE Svcs. Ltd., Brokerage for personal real estate guidance. 416-489-2121

High Park Restoration- Modern Updates With Original Character Maintained

May 11, 2017- Striking a stunning balance of rich history and present day conveniences. Over 3200 SF of living space,  4 or 5 bedroom home c.1917. Stained & leaded glass, wainscoting, quarter-sawn hardwood. Bright Marcon kitchen and baths and excavated basement all have heated floors. Landscaped west lot with front pad parking & garage. Right by High Park, subway, & shops. 26 Mountview Avenue, Offered for sale $1,585,000. Open House May 13 & 14, 2-4, Andrea Stark, Sales Representative, J&D, A Division of Royal LePage RE Svcs. Ltd., Brokerage 416-489-2121