Subject: Toronto Real Estate Post March Edition


The early signs are pointing to an active spring market and one that is primarily driven by sellers. Multiple offers are becoming increasingly common and we expect this trend to continue through April and May. The supply levels remain low, below historical norms, which is giving buyers fewer homes to choose from. We are keeping close tabs on the upcoming provincial elections this June as real estate regulations continue to be a hot topic of discussion amongst the party leaders.

This month be sure to like our Facebook page for a chance to win two tickets to visit the Art Gallery of Ontario, review the monthly market statistics, and much more!

Elaine, Alex and Otto 

"Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 5,175 residential transactions through TREB's MLS® System in February 2018. This result was down 34.9 percent compared to the record 7,955 sales reported in February 2017.

The number of new listings entered into TREB's MLS® System totaled 10,520, a 7.3 per cent increase compared to the 9,801 new listings entered in February 2017. However, the level of new listings remained below the average for the month of February for the previous 10 years."

Read More..

End-users Flooding Condo Market to Detriment of Renters
"The new mortgage rules have redirected Toronto’s would-be low-rise home buyers to the condo market, driving up prices and, in the process, deterring condo investors from purchasing units renters desperately rely on."

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Recently Sold
 Rarely Available, Bright Spacious 1+1 In The Heart Of North York!

   Property Type: Condo Apartment 
   Size: 700-799 Sq Ft
   # of Bedrooms: 1+1
   # of Bathrooms: 1

   Neighborhood: C14 Willowdale East
Currently Listed 
 Custom 2-Level Corner Sub-Penthouse,  in Prime Downtown Harbourfront With Stunning Open Lake & City Views!

   Property Type: Condo 2-Storey
   Size: 1800-1999 Sq Ft
   # of Bedrooms: 2+1
   # of Bathrooms: 3

   Neighborhood: C01 Waterfront Communities 
 Beautiful Executive Castle Hill End-Unit Townhome!

   Property Type: Townhouse 3-Storey
   Size: 2500-3500 Sq Ft
   # of Bedrooms: 3+1
   # of Bathrooms: 4

   Neighborhood: C02 Casa Loma 
 Ultra Exclusive Fully Furnished Suite At The Coveted Tiff Tower

   Property Type: Condo Apartment 
   Size: 1200-1399 Sq Ft
   # of Bedrooms: 2+1
   # of Bathrooms: 2

   NeighborhoodC01 Waterfront Communities
 Yonge & Front Recently Renovated Unit 

   Property Type: Condo Apartment 
   Size: 800-899 Sq Ft
   # of Bedrooms: 1+1
   # of Bathrooms: 1

   Neighborhood: C08 Waterfront Communities

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     ThinkTorontoHomes, Royal LePage Terrequity Platinum Realty
 293 Eglinton Ave. East, Toronto, Ontario M4P 1L3 Canada |
293 Eglinton Ave. East, M4P 1L3, Toronto, Canada
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