Friday, April 11, 2014

Toronto Home Prices Continue To Trend Up

 
L Condos Toronto downtown
L Condo Toronto Downtown

 Prices For All Toronto Housing Types Rise During March.


The Toronto Real Estate market continues to increase from the same time last year according to the Toronto Real Estate Boards latest report.

Inventory for Toronto detached homes remains low with current home listings quickly bought by active home buyers.

With this shortage of Toronto single-family homes, the average price continues to increase.

New Toronto Condos recorded an average price of $559 in February, up from the same time last year.

Toronto Condo builders are reporting a surge of new buyers especially in the Toronto downtown core and along the Subway lines.

The average resale Toronto Condo Price for all GTA Condos in March increased 4.6% to an average price of $357,172.

Iris Li, Re/Max Toronto Realtor specializes in Toronto Downtown Condo Listings both new and resale.

Let us help you find that new luxury new or resale Toronto Condominium.


Call Today! 


Monday, March 31, 2014

Toronto Condo Investment Supported By Strong Rentals


Toronto Shangri La Condos Sale Rent
Toronto Shangri La Condos

 Toronto Condo Investors Look For The Long Term.

It appears Toronto Condominium investors are still bullish on the Toronto Condo Market.

Lower mortgage rates, steady immigration and strong job growth all contribute to a growing Toronto Condos Market, especially Downtown.

Toronto's downtown core is most popular with my own Toronto Condo Investors who hold their units for the long term.

As a result the investor settles in with a steady cash flow, some even positive after all expenses such as taxes and Condo monthly maintenance fees.

According to some Toronto Condo Marketing firms, demand for Toronto downtown Condo rentals is going up faster than supply.

No one seems to mention the huge downtown Condo Market for the thousands of commuters driving into downtown Toronto.

Can you imagine, walking to work rather than spending 3-4 hours round trip every working  day to arrive at work?

Wow! No car, no insurance, no gas bills, no auto repairs!

Welcome to Toronto downtown Condos!!

View Toronto MLS Condo Listings:
 Toronto Harbourfront Condos for sale or rent.

View Toronto MLS Home Listings: 
 Toronto Rosedale Homes for sale.


If you would like more information on Toronto Downtown Condos or to find out  what is available in new and resale Toronto Condominiums, please contact Iris Li, Re/Max Condos Toronto Realtor.


Saturday, March 22, 2014

Toronto Home And Condo Market 2014-Heating Up



Toronto Rosedale Homes For Sale
Toronto Rosedale Homes For Sale
  

 Toronto Real Estate With New Reports of Bidding Wars


Toronto Home buyers are feeling the pinch early this year with fewer single-detached listings coming on to the Toronto MLS.

At the same time these single detached Homes,semi-detached Homes and Town homes are all increasing in average price.

What to do?

Well, it seems a lot of the more desirable Toronto MLS listings located near good schools and transportation are selling well over asking price with an audience of knowledgeable Home Buyers looking on hoping their bid is the final one.

The average resale Toronto Home price has appreciated about seven per per cent a year on average, however Mid-March saw Semi-detached homes up 10.6 per cent, Townhomes up 7.8 per cent and even the many, many Toronto Condos increase 8.3 per cent.

Demand for affordable Toronto Condos, Toronto Semi-detached and Townhomes cebtrally located close to transit should continue to see demand by anxious Home buyers.

The average price for a Toronto detached Home was $902,424 surprisingly down -0.5 per cent Mid-March but that should change as 2014 unfolds because their sales continue to go down.

View Toronto MLS Condo Listings:
 Toronto Harbourfront Condos for sale or rent.

View Toronto MLS Home Listings: 
 Toronto Rosedale Homes for sale.

If you would like more information on Toronto Downtown Condos or to find out  what is available in new and resale Toronto Condominiums, please contact Iris Li, Re/Max Toronto Realtor.



Thursday, March 13, 2014

Yorkville Condos For Sale/Rent-Luxury Toronto Condos


Toronto Four Seasons Condos Sale/Rent
Four Seasons Condos Toronto

Search here for Luxury Toronto Yorkville Condos.

Luxury Yorkville Condos, what more can we say. Well a lot more!

Right now the Toronto Yorkville neighbourhood home to many luxury Condominiums, all with in minutes of this demand location in Toronto.

Where can you find these luxury Toronto Yorkville Condos?
  • Bloor Street West
  • Bay Street
  • Yorkville Avenue
  • Cumberland Street
  • Avenue Road
  • Balmuto Street
Just to name a few demand Yorkville locations.

This following link will give you some idea on what is now available in the Toronto Yorkville District.

Right now this Condos search is showing about 221 Toronto MLS listings.

This search will show the average price for Yorkville Condos for sale as well as the average price for Yorkville Condos for rent.

It does surprise me every time I look at the search as well. Just maybe commas would help!

Search here for the latest Toronto Yorkville Condo Listings for sale/rent.

Thinking of selling or renting your Yorkville Condo, then contact me for more information.

If you would like to view other Toronto Downtown Condos, please contact Iris Li, Re/Max Realtor to schedule showings.






Monday, March 03, 2014

Aura Condos For Sale,Rent Toronto

Aura Condos Toronto For sale or rent.
Aura Condos Toronto Sale,Rent

Aura Condos Toronto for sale or rent now available at College Park.


The long awaited Aura Condominiums at College Park are now available for buyers and renters as more new Condo listings appear as this luxury Aura Condo heads skyward.

The Aura commercial shops are now beginning to appear as more and more tenants move in.

Search here for the latest new listings for Aura Condos for sale,rent.

Thinking of selling or renting your Aura Condo, then call me for more information.

If you would like to view other Bay and College Condos, please contact Iris Li to schedule showings.

Sunday, February 23, 2014

Toronto Condos Strong Price,Sales Growth Mid-February 2014

 
RCMi Condos Sale Rent Toronto
RCMI Condos 426 University Ave. Toronto

Toronto Condos Increase In Sales,Average Price Mid-February


It seems Toronto Condo buyers are ready to buy and as a result mid-February results recorded by the Toronto Real Estate Board showed a 15.8 per cent increase in sales.

Within the City of Toronto Condos increased 5.0 per cent to $373,576 compared to the same time last year.

Even Toronto detached homes were up by 15.2 per cent to an average price of $942,066.

This Toronto Real Estate momentum in price growth is expected to continue until the end of the year according to the Toronto Real Estate Board.

Two weeks of Toronto Home and Condo results in sales or average prices in my opinion do not really validate a solid direction of our Real Estate Market. I prefer monthly, quarterly and year end results for a much better pattern to consider momentum.

Pictured above: RCMI Condos Toronto For Sale,Rent.

Iris Li, Re/Max Toronto Realtor specializes in Toronto Downtown Condo Listings both new and resale. Let us help you find that new luxury new or resale Toronto Condominium.

Call Today!


Monday, February 17, 2014

Toronto Condos Report Q4 2013,Average Price,Sales


Toronto Harbourfront Condos Downtown
Toronto Harbourfront Condos

A reported 4.586 Condos were sold in the Greater Toronto Area in the fourth quarter of 2013.

This was a 21 per cent increase from Q4 2012 when 3,789 Condos changed hands.

The demand for Toronto Condominiums increased in the last half of 2013 and competition between Condo buyers increased the average price.

The average resale price for Condominiums in the fourth quarter rose 6.5 per cent to $353,665.

In the city of Toronto the average Condo selling price was $381,008, up 8.3 per cent from the same time last year.

Here we have it.

GTA Realtors® Release Q4 Toronto Condominium Report 



Toronto Condominium Apartment Market Summary
Fourth Quarter
2013
2013 2012
Sales Average Price Sales Average Price
Total TREB 4,586 $ 353,665 3,789 $ 332,129
Halton Region 140 $ 328,846 76 $ 351,161
Peel Region 654 $ 259,669 532 $ 252,143
City of Toronto 3,227 $ 381,008 2,740 $ 351,762
York Region 446 $ 332,440 332 $ 328,189
Durham Region 111 $ 236,527 104 $ 223,973
Other Areas 8 $ 251,250 5 $ 305,800

Iris Li is a ReMax Condos Realtor specializing in Toronto Downtown Condos, Condominiums, Town homes and Lofts. Call for a scheduled showing of these properties.

View The Latest Toronto Downtown Condo Listings:

Bay Bloor Condos

Bay And College Condos


Friday, February 14, 2014

Toronto Downtown Condos Average Price Increase January

 
Aura Condos Sale Rent
Aura Condos College Park Toronto

 Toronto Downtown Condos Average Price For January

Toronto Condos continue to increase in sales and average price in January 2014.

Condos in downtown Toronto in the two biggest downtown districts C01, and C08 showed positive results for the beginning of this year.

The average Toronto Condominium price increased by $45,697 in the largest Toronto downtown District, C01 increasing by 11.3 per cent.


DistrictAverage Price 2013Average Price 2014DifferencePercentage
C01$403,082$448,697+$45,615+11.3%
C08$402,080$417,486+$15,406+3.8%

The average price for Toronto Condos is made up of several different factors:

  • The Size of the Toronto Real Estate District, some bigger than others.
  • Number of Condos sold (the more the better for an average resale price).
  • Number of new Luxury Condos just entering the Condo market
  • High end luxury Hotel/Condo properties coming on the market.
  • Condo project specific- a project with say just boutique Condos at a lower price
  • Time of year, usually Spring market!
  • Any many more specifics..
Pictured above the latest Aura Condos For Sale/Rent

Iris Li is a ReMax Condos Realtor specializing in Toronto Downtown Condos, Condominiums, Town homes and Lofts. Call for a scheduled showing of these properties.

View The Latest Toronto Downtown Condo Listings:

Bay Bloor Condos

Bay And College Condos