Posted by: torontocondo | February 27, 2015

Toronto Condominiums New Home Of Choice For Condo Buyers

L Tower Condos

L Tower Condos

Both Toronto Condo buyers and Toronto Condo Investors choosing Downtown Condominium living in 2015.

In 2014 over 21,991 Condo sales were reported by RealNet Canada Inc., up 38 per cent more than 2013.

Condo sales in 2015 should be another strong year for Condominium sales both in downtown Toronto and the Greater Toronto Area.

For first time buyers Condominium are a natural choice due to the difference of almost $251,337 in the average price from low-rise to high-rise Homes.

Toronto Condo buyers continue to enjoy the latest Condo lifestyles with many Condos offering Five Star  features. The simple fact of walking to work in downtown Toronto compared to the long commute by car, Go Train and even Rail have many reconsidering their living options.

We can show you and Broker any of these Toronto Condos you view on this website as well as new MLS listings as they come on to the Toronto Real Estate Market.

To schedule a showing- or to get help finding your perfect  Toronto Condo, either click here to fill out my contact form, or give me a call and I will be happy to follow up with you!

Pictured above: L Tower Condos for sale/rent.

View the Toronto Home And Condo Housing Market below:

Toronto Rosedale Home For Sale

Toronto Downtown Condos For Sale

 

Posted by: torontocondo | February 23, 2015

Toronto Home And Condo Average Price Mid-February

U Condos Bay Street

U Condos Bay Street

 

The Toronto Real Estate Board (416 Area) reported 564 Condos sold during Mid-February, 2015 with an average price of $373,934 for these Toronto Condominium apartments.

  • Toronto Detached Homes sales up 25.3% with the average price increasing 10.9%to $1,056,238.
  • Toronto Semi-Detached Homes sales increased 18.8%, the average price increase $717,556 up 3.4%.
  • Toronto Townhome sales  up 23.4%, the average price down -9.9% to $510,839.
  • Toronto Condo apartments sales up 8.9% , the average price $373,934 up down -0.1%

In our Toronto Condos Blog we continue to offer you the reader, unique Toronto Condominium photos and current information on the latest Toronto MLS listings for the Toronto Condo Market.

Take a look at the right side of this Condo Blog to view the Most Viewed Condo Blog Posts for some interesting Toronto Condo Blogs viewed by our readers.

Iris Li is a Remax Condos Toronto Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Pictured Above: U Condos Bay Street Toronto

Related Toronto Condo Blog Posts:

L Tower Condos For Sale/Rent (buyselltorontorealestate.com)

Aura Condos For Sale or Rent (torontohomeandcondo.com)

New Toronto Condos Completed In 2014 Set Record (torontorealestatehome.com)

Posted by: torontocondo | February 17, 2015

Average Canadian Home Price Higher By 3.1% In January

The new year started positive with the average House price across Canada increasing to $401,000, up 3.1 per cent year over year.

According to the Canadian Real Estate Association it was the smallest increase since April, 2013.

Taking out calculation for the Toronto and Vancouver Real Estate Markets the average Canadian Home price would be $312,280, a decrease of 0.3 per cent.

Home sales across Canada were down 2 per cent  from a year ago with weak activity from both Calgary and Edmonton .

There were 6.5 months of Housing inventory ( the number of months to sell all Houses at the current rate of buying) across Canada in January, again the highest reading since April 2013.

View the Toronto Home And Condo Housing Market below:

Toronto Rosedale Home For Sale

Toronto Downtown Condos For Sale

Posted by: torontocondo | February 5, 2015

Toronto Home And Condo Average Price/Sales January 2015

Pier 27 Condos For Sale/Rent

Pier 27 Condos For Sale/Rent

Toronto Home And Condo January Sales,Average Price Results:

The City of Toronto (416 Area) reported 809 Condos sold during January, 2015 with an average price of $382,458 for these Toronto Condominium apartments.

  • Toronto Detached Homes sales dropped -2.0% but the average price increased 7.0% to $948,713.
  • Toronto Semi-Detached Homes sales dropped -3.8%, the average price increase $667,452 up 7.2%.
  • Toronto Townhomes down -9.9%, the average price up 14.5% to $502,267
  • Toronto Condo apartments sales up 6.2% , the average price $382,458, up 4.5%

In our Toronto Condos Blog we continue to offer you the reader, unique Toronto Condominium photos and current information on the latest Toronto MLS listings for the Toronto Condo Market.

Take a look at the right side of this Condo Blog to view the Most Viewed Condo Blog Posts for some interesting Toronto Condo Blogs viewed by our readers.

Iris Li is a Remax Condos Toronto Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Pictured Above: Pier 27 Condos For Sale/Rent.

Related Toronto Condo Blog Posts:

L Tower Condos For Sale/Rent (buyselltorontorealestate.com)

Aura Condos For Sale or Rent (torontohomeandcondo.com)

New Toronto Condos Completed In 2014 Set Record (torontorealestatehome.com)

Iris Li Remax Toronto Realtor

Iris Li Remax toronto Realtor

Posted by: torontocondo | January 26, 2015

Toronto Condo Sales Increase In Fourth Quarter 2014

Demand for Toronto Condos remained strong in the fourth quarter of 2014 with sales of 4,975 Condominium apartments, up by 8.3 per cent from the same time last year.

The number of Toronto Condo sales is growing faster than the supply of listed Condos resulting in increased competition for Toronto Condo buyers.

The average price of a Toronto resale Condos was $367,199, up 3.8 per cent compared to last year.

According to the Toronto Real Estate Board the number of Condo buyers has more than kept up with the number of Condos available for sale.

 

Toronto Condominium Apartment Market Summary Fourth Quarter 2014

2014 2013
Sales Average Price Sales Average Price
Total TREB 4,975 $367,199 4,594 $353,799
Halton Region 138 $395,550 140 $328,846
Peel Region 676 $269,928 657 $260,396
City of Toronto 3,564 $390,989 3,229 $380,997
York Region 488 $346,506 449 $333,474
Durham Region 98 $251,709 111 $236,527
Other Areas 11 $228,191 8 $251,250

Search here for the latest Toronto Entertainment District Condo Listings.

Iris Li, Remax Condos Toronto Realtor specializes in  Toronto Forest Hill Homes For Sale and Toronto Harbourfront Condo Listings.

Let us help you find that new Luxury new or resale Toronto Condominium or Toronto Luxury Detached Home!

Posted by: torontocondo | January 22, 2015

Toronto Housing Party To Continue With Canada Rate Cut

L Tower Condos

L Tower Condos

The Bank of Canada made a surprise move to cut interest rates that will reignite the Housing Market.

Last month the Central Bank said the Housing Market could be overvalued as much as 30 per cent with the average Canadian Home price doubling over the past decade.

Low interest rates have helped Canadians to increase their borrowing limits to buy even more expensive Homes and Condos.

Moving into 2015 we will see how the interest rate cut will affect the Canadian Housing Market.

We can show you and Broker any of these Toronto Condos you view on this website as well as new MLS listings as they come on to the Toronto Real Estate Market.

To schedule a showing- or to get help finding your perfect  Toronto Condo, either click here to fill out my contact form, or give me a call and I will be happy to follow up with you!

Pictured above: L Tower Condos for sale/rent.

View the Toronto Home And Condo Housing Market below:

Toronto Rosedale Home For Sale

Toronto Downtown Condos For Sale

 

 

Posted by: torontocondo | January 16, 2015

Toronto Condo Sales And Rentals Remain Strong Q4

Toronto Condo Sales And Rental Transactions Increase In Q4

Toronto Condominium rental transactions increased 17 per cent to 5,036 compared to the fourth quarter (Q4) of 2013.

Many of the new Toronto Condos are supply the rental market with these Condo investors choosing to rent out their units, especially in the popular downtown Toronto locations.

The average rent for a Toronto One-Bedroom Condo was $1609 and the average rent for a Toronto Two-Bedroom Condo was $2,165.

According to the latest Toronto Real Estate Board’s Rental Market Figures there could be a new up trend in Toronto Condo average rents if the current growth in rental transactions outstrip the growth in new Condos listed for rent.

Condominiums role in the Greater Toronto Housing Market:

  • Steady supply of affordable Homes
  • 86% of these Condos already pre-sold
  • The new beginnings of growing up and not out
  • Extraordinary Condo growth continues.

The estimated number of new Toronto Completions in 2014 is estimated to be a record 25,000 units.

Search here for the latest Toronto Entertainment District Condo Listings.

Iris Li, Remax Condos Toronto Realtor specializes in  Toronto Forest Hill Homes For Sale and Toronto Harbourfront Condo Listings.

Let us help you find that new Luxury new or resale Toronto Condominium or Toronto Luxury Detached Home!

Posted by: torontocondo | January 8, 2015

Toronto Home And Condo Average Price/Sales December 2014

Toronto Home And Condo December Results Sales,Average Price:

The City of Toronto (416 Area) reported 924 Condos sold during December, 2014 with an average price of $387,612 for these Condominium apartments.

  • Toronto Detached Homes sales were up 17.1% and the average price increased 8.0% to $934,039.
  • Toronto Semi-Detached Homes sales dropped -5.9%, the average price $615,794, down -4.4%
  • Toronto Townhomes sales up 1.8%, the average price up 5.9% to $474,874
  • Toronto Condos apartments sales up 16.1% , the average price $387,612, up 5.4%

In our Toronto Condos Blog we continue to offer you the reader, unique Toronto Condominium photos and current information on the latest MLS listings for the Toronto Condo Market.

Take a look at the right side of this Condo Blog to view the Most Viewed Condo Blog Posts for some interesting Toronto Blogs viewed by our readers.

Iris Li is a Remax Condos Toronto Realtor specializing in both new and resale Toronto Downtown Condominiums. and Toronto Homes for sale.

Related Toronto Condo Blog Posts:

L Tower Condos For Sale/Rent (buyselltorontorealestate.com)

Aura Condos For Sale or Rent (torontohomeandcondo.com)

Toronto Real Estate November Statistics Toronto Downtown Condos (torontorealestatehome.com)

Iris Li Remax Toronto Realtor

Iris Li Remax toronto Realtor

Posted by: torontocondo | January 1, 2015

Toronto Condo Completions Heading For A Record 2014

Toronto Downtown Condos

Downtown Condos Toronto

Toronto Condos Heading For Record Completions 2014

Toronto Condo completion in 2014 were setting monthly records and now appear to end 2014 again in the record books.

This record-setting year has been in the works for years as a result of provincial intensification polices introduced way back in 2005.

We are now seeing these policies very clearly with less low-rise Homes and more highrise Condos in the GTA housing markets.

Condominiums role in the Greater Toronto Housing Market:

  • Steady supply of affordable Homes
  • 86% of these Condos already pre-sold
  • The new beginnings of growing up and not out
  • Extraordinary Condo growth continues.

The estimated number of new Toronto Completions in 2014 is estimated to be a record 25,000 units.

Search here for the latest Toronto Entertainment District Condo Listings.

Iris Li, Remax Condos Toronto Realtor specializes in  Toronto Forest Hill Homes For Sale and Toronto Harbourfront Condo Listings.

Let us help you find that new Luxury new or resale Toronto Condominium or Toronto Luxury Detached Home!

Call/Text Today!

Posted by: torontocondo | December 24, 2014

Toronto Condo Developers Catering To Electric Vehicle Drivers

More and more EV (Electric Vehicles) are finding their way into new and older Toronto Condos.

Charging stations are somewhat of a problem in older Toronto Condos as wiring and billing for EV drivers is somewhat complicated.

A new pay-per-use option is ideal where EV drivers and residents can use their credit card to cover their charge.

Organizations like Plug ‘n Drive are trying to make EV ownership less complicated for drivers and Condo owners.

EV drivers and owners of new Toronto Condos where charging stations are already integrated will help make Toronto Green.

Search here for the latest Toronto Entertainment District Condo Listings.

Iris Li, Remax Condos Toronto Realtor specializes in  Toronto Forest Hill Homes For Sale and Toronto Harbourfront Condo Listings.

Let us help you find that new Luxury new or resale Toronto Condominium or Toronto Luxury Detached Home!

Call/Text Today!

416-505-8023

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