Overview: a look back at the 2022 GTA housing market and predictions for 2023. Topics include home sales, prices, inventory, interest rates, inflation, mortgages and more. 2021 saw a buying frenzy due to record-low interest rates. 2022 saw a sharp drop in home sales and prices after multiple rate hikes. What will the housing market bring in 2023? More rate…
Tag: toronto real estate
Why Is Toronto Called The 6ix?
Overview: a look at how Toronto got its nickname, The 6ix, plus insights on various regions that make up the city. These include: T Dot T.O. Toronto the Good The Megacity Queen City Hogtown Hollywood North Broadway North Baby New York Muddy York The Big Smoke And recently, Toronto has been called The 6ix…or The Six…or The 6. Why? According…
35 Woburn Ave – 3 Bedroom House Ready For Renovation – SOLD
Overview: 35 Woburn Ave is a 3-bedroom, 1-bath semi-detached house in Toronto’s Lawrence Park neighbourhood that’s ready for renovation. Address: 35 Woburn Ave, Toronto, ON M5M 1K5 Neighbourhood: Lawrence Park Parking: N/A # of Storeys: 2 Size: 1,968 sq. ft. Lot Size: 21.5 x 125 ft. Rooms: 3 bedrooms + 1 bath Sold: $1,290,000 Agent: Wins Lai, Living Realty Inc.,…
27 Granby St – Dream Renovation Property – SOLD
Overview: 27 Granby St. Semi-detached house with solid red-brick exterior, parking, and corner location in the Yonge-Dundas Corridor. Perfect for renovators and builders! Address: 27 Granby St, Toronto, ON M5B 1H8 Neighbourhood: Yonge and Dundas Corridor Parking: 2 spaces # of Storeys: 3 Size: 2,186 sq. ft. Lot Size: 15.83 x 80 ft. Rooms: 6 bedrooms + 1.5 baths Sold:…
488 University Ave Unit 2710 – 2 Beds, 2 Baths + Den – SOLD
Overview: 488 University Ave Unit 2710 is a 2-bedroom, 2-bath condo with a modern kitchen and den. Residents enjoy upscale amenities, parking and a convenient Grange Park location. Building Name: The Residences of 488 University Avenue Address: 488 University Ave #2710, Toronto, ON M5G 0C1 Neighbourhood: Grange Park Developer: Amexon Architect: Core Architects Interior Designer: IV DESIGN Property Manager: Duka…
GTA Home Sales & Prices Plunge In September 2022
Overview: a look at the September 2022 housing market numbers for Toronto and the GTA, including sales, prices and inventory. Plus insights on the condo market and immigration. Home sales, prices and listings were all down big in September, but there is a silver lining. It’s still a buyer’s market, and those who were previously priced out of the market…
The Ultimate Credit Score Guide For New Home Buyers
Overview: a guide for new home buyers looking to build their credit score and qualify for a mortgage. It determines whether your mortgage is approved or denied, how much interest you’ll pay on your home loan, the terms of your mortgage, and the availability of lenders. And with interest rates soaring, qualifying for a mortgage is becoming increasingly harder—especially for…
August 2022 Market Report: GTA Home Sales & Prices Drop
Overview: a look at the August 2022 housing market numbers for Toronto and the GTA, with a focus on condos, rentals, and the impacts of the latest interest rate hike. The following headlines sum up the August 2022 housing market: Toronto Home Prices Drop 16% in Historic Five-Month Slump —Bloomberg Home prices and sales in August see month-over-month growth for…
June 2022 Market Report: GTA Now A Buyer’s Market
Overview: a look at the June 2022 housing market numbers, Toronto’s transition into a buyer’s market, plus advice for buyers and sellers. That’s because, after years of waiting, Toronto has finally become a buyer’s market. In fact, the last time Toronto was in buyer’s market territory was in 2020, but that was short-lived as home sales and prices quickly broke…
May 2022 Market Report: GTA Heading Towards Buyers Market
Overview: a look at the May 2022 GTA housing market, its shift towards more balanced conditions, and why now is the perfect time to buy a home. This recent headline from The Star sums it up clearly: GTA home prices drop $121K from February peak as rising rates gut sales Interest rates are rising, prices are plunging and sales are…
88 Charles St E Unit 204 – Bachelors + 1 Bath – For Sale
Overview: 88 Charles St E Unit 204. Bachelors suite in historic Waldorf Astoria Hotel. Ideal secondary residence with great amenities, low fees & exciting Bloor and Church location. Building Name: Waldorf Astoria Address: 88 Charles St E #204 Toronto, ON M4Y 2W7 Neighbourhood: Bloor and Church Property Manager: Royal Grande Property Management Year Built: 1990 # of Storeys: 8 #…
120 St. Patrick Street Unit 807 – 1 Bed + 1 Bath – Sold
Overview: 120 St. Patrick Street Unit 807 is a fully-renovated 1-bed, 1-bath condo with a brand-new kitchen, great amenities, and exciting University & Dundas location. Building Name: Village By The Grange Address: 120 St. Patrick St #807 Toronto, ON M5T 2X7 Neighbourhood: University & Dundas Developer: Tridel Architect: WZMH Architects Property Manager: Del Property Management Year Built: 1981 # of…
197 Yonge St Unit 2209 – 3 Beds + 2 Baths – For Sale
Overview: 197 Yonge St Unit 2209 is a freshly-painted 3-bedroom, 2-bath unit that’s perfect for families. Enjoy upscale amenities, an automated parking spot & a wonderful Church-Yonge Corridor location. Building Name: Massey Tower Address: 197 Yonge St #2209 Toronto, ON M5B 0C1 Neighbourhood: Church-Yonge Corridor Developer: MOD Developments and Intracorp Architect: Hariri Pontarini and ERA Architects Interior Designer: Cecconi…
GTA Housing Market Shows Signs of Cooling in March 2022
Overview: a look at the March 2022 GTA housing market, with insights on sales, prices, and inventory, plus advice for buying and selling. March was a remarkable month for Toronto real estate, with average home prices setting yet another record. The month also saw the first interest rate hike in 4 years, changes to the Foreign Buyers Tax, and record…
200 Bloor St W Unit 2405 – 1+1 Bed, 2 Baths – For Sale
Overview: 200 Bloor St W Unit 2405 is a spacious 1-bed, 2-bath unit with a functional den and high-end kitchen. Enjoy sweeping balcony views, 5-star amenities and an incredible Yorkville location. Building Name: Exhibit Residences Address: 200 Bloor St W #2405 Toronto, ON M5S 1T8 Neighbourhood: Yorkville Developer: Bazis International, Metropia and Plaza Corp Architect: R. Varacalli Interior Designer: Burdifilek…