Posted by: torontocondo | August 19, 2016

Toronto Condo Rentals Becoming Unaffordable In City Centre

Cinema Tower Condos For Sale/Rent

Cinema Tower Condos For Sale/Rent

 

The Vancouver Housing crisis is now well known around the World, but Toronto is not too far off.

Condo prices in the downtown Toronto area are becoming more expensive and the land these Condominiums are erected on, is becoming most expensive as well.

Millennials are now thinking of renting forever, once priced out of the expensive Detached Home market.

Now Toronto renters are entering a competitive market with bidding wars on the more desirable downtown locations and units.

Sharing these new Toronto Condos rentals with roommates helps to lower the high monthly rents but bigger Condo units are needed for equally sharing like bedrooms and extra bathrooms that are a luxury.

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

Call/Text Today!

Related:

Toronto Downtown Condos Average Price July 2016

http://www.BuySellTorontoRealEstate.com

Posted by: torontocondo | August 2, 2016

Vancouver Home Tax Could Make Toronto’s Home Prices Hotter

Cinema Tower Condos For Sale/Rent

Cinema Tower Condos For Sale/Rent

 

If foreign investors are looking to invest in Canada it now seems Vancouver is a concern but the Toronto Real Estate Market remains open for all.

The Vancouver foreign Home tax was supposed to improve affordability for Home buyers there but now investors will look to Toronto.

In comparison to Home values now, Toronto is more attractive and the Toronto Real Estate Market continues to attract professionals from all over the Word in banking, hospitals, education and major sports.

In Toronto all Home and Condo buyers are treated equal with no 15 per cent surcharges on foreigners.

Iris Li is a Toronto Condos Realtor specializing in Toronto Bay Bloor Condos for sale/rent.

Call/Text for further information on any of these fine Toronto Condos, both new and resale.

www.BuySellTorontoRealEstate.com

Four Seasons Condos Toronto

 

Vancouver Condos are now being advertised with text that says “Rent to be determined by winning bid”.

Bidding wars for demand Vancouver Condo locations are on the rise and the hunt for a Condo apartment can be disheartening to say the least.

Could this become the new normal for Toronto Condo rentals?

Only time will tell but a lot of Toronto Downtown Condos are seeing fewer and fewer units for rent, making the few for rent much more desirable for renters.

We will be sure to continue to monitor the Toronto Condo rental market on behalf of our many customers, investors and readers.

Iris Li is a Toronto Condos Realtor specializing in Toronto Bay Bloor Condos for sale/rent.

Call/Text for further information on any of these fine Toronto Condos, both new and resale.

www.BuySellTorontoRealEstate.com

 

 

 

 

 

Posted by: torontocondo | July 10, 2016

Toronto Downtown Condos Increase June 2016

Toronto Downtown Condos Average Price Increase June 2016

The summer Toronto Condo Market is heading for another positive year end for 2016.

Positive results for both Toronto Condos and Toronto Homes for sale have seen both average prices and sales increase over the last several months in 2016.

The average price for all Toronto Condos in the 416 area increased by 6.9% to $448,002 in June.

In the Toronto Downtown area (C01) Condos sold for an average price of $486,068.

Not to be outdone Condos in the (C08) Toronto district sold on average for $476,928 this June.

In some popular Toronto Downtown Condo locations bidding wars continued, with more Toronto Condo Buyers than Condominiums for sale.

Even bidding wars were reported for demand locations for Toronto Condo rentals as well.

As a result the Toronto Condo Market is staying healthy and resilient.

Updated & Revised July 2016!

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

Call/Text Today!

Related:

http://www.BuySellTorontoRealEstate.com

Posted by: torontocondo | July 1, 2016

Toronto Downtown Condo Listings Blog

 

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Happy Canada Day Eh?

Just updated a new and refreshed Toronto Downtown Condo Listings Blog.

Toronto Downtown Condo Listings Blog features:

  • Recent Blogs for the latest Toronto Condos for sale/rent
  • Great Photos with descriptions and captions
  • Several links to thousands of updated Toronto Condos with descriptions, locations and price
  • Toronto Condos Blog recent updates from 5 similar Toronto Condo Blogs
  • Toronto Condo information links
  • Most important, trending Toronto Condo Listings posts that show just what readers are interested in for the Toronto Condo market.
  • Last but not least, a Toronto Condo Blog archive with the recent yearly posts!

Iris Li, Toronto Condos Realtor continues to specialize in Toronto Harbourfront Condos For Sale both new and resale.

Let us help you find that new luxury Toronto Condominium or Toronto Dream Home!

Call/Text Iris Today!

Posted by: torontocondo | June 24, 2016

St Lawrence Market Condos For Sale Toronto Downtown

Market Wharf

Market Wharf St Lawrence Market Area

New and updated St Lawrence Market Condos for sale in downtown Toronto by BuySellTorontoRealEstate.com.

In the Toronto St.Lawrence Market area there so many Condos and locations to choose from.

And all of these Condos are close to downtown Toronto and the Toronto waterfront.

View the latest Toronto St Lawrence Market Condos For Sale.

Iris Li, Toronto Condos Realtor continues to specialize in Toronto Harbourfront Condos For Sale both new and resale.

Let us help you find that new luxury Toronto Condominium or Toronto Dream Home!

Call/Text Iris Today!

Related:

Toronto Downtown Condos Average Price May 2016

 

Posted by: torontocondo | June 14, 2016

Toronto Yorkville Condo For Sale/Rent By The Subway

The Yorkville Condos

The Yorkville Condominiums

We have many gorgeous Condos to view in this Toronto downtown Yorkville location!

Did we say “Subway”? You have your choice of two Subways, one North/South and the other Subway East/West!

Steps to everything, restaurants, entertainment, coffee shops and Pubs too!

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

Call Today!

Related:

U Condos Bay Street Sale/Rent

www.BuySellTorontoRealEstate.com

Take a look!

Toronto Yorkville Condos for Sale/Rent

Posted by: torontocondo | June 8, 2016

Toronto Home And Condo Sales Advance To Record May Results

Toronto Downtown Condos Average Price Increase May 2016

The spring Toronto Condo Market is heading for another positive year for 2016.

Positive results for both Toronto Condos and Toronto Homes for sale have seen both average prices and sales increase over the last several months.

The average price for all Toronto Condos in the 416 area was $442,520 in May.

In the Toronto Downtown area (C01) Condos sold for an average price of $493,546.

Not to be outdone Condos in the (C08) Toronto district sold on average for $487,645 this May.

In some popular Toronto Downtown Condo locations bidding wars continued, with more Toronto Condo Buyers than Condominiums for sale.

Even bidding wars are seen for choice Toronto Condo rentals as well.

As a result the Toronto Condo Market is staying healthy and resilient overcoming any small talk of a forthcoming housing bubble.

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

Call Today!

Related:

U Condos Bay Street Sale/Rent

www.BuySellTorontoRealEstate.com

Posted by: torontocondo | May 11, 2016

Toronto Housing Sales Hit Record,Home Prices Soar In April

Distillery District Condos

Distillery District Condos

 

Toronto- The Toronto Real Estate Board says Home sales hit a record for April with prices higher compared to last year.

The Toronto Board says Home sales totaled 12,085 for April, up 7.4% compared to the same month last year.

The average resale Toronto Home Price(All types) was $739,082, increasing 16.2% year over year.

Competition between Toronto Home buyers remains very competitive due to a lack of new listing and the ever-increasing average resale Home price.

Active Toronto MLS Listings were down -26.9% and new Toronto MLS listings dropped -9.9% compared to April 2015.

Pictured Above: Distillery District Condos For Sale

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

Call/Text Today!

www.BuySellTorontoRealEstate.com

 

Posted by: torontocondo | May 4, 2016

Toronto Downtown Condos Average April Price Increases

Burano Condos For Sale downtown Toronto.

Burano Condos For Sale downtown Toronto.

Toronto Downtown Condos Average Price Increases April 2016

The spring Toronto Condo Market is heading for another record-breaking year for 2016.

Positive results for both Toronto Condos and Toronto Homes for sale have seen both average prices and sales increase, even without fewer MLS listings, over the last several months.

The average price for all Toronto Condos in the 416 area was $436,545 for April 2016.

In the Toronto Downtown area (C01) Condos sold for an average price of $487,778, up 4.95% from a year ago.

Not to be outdone, Toronto Condos in the (C08) Toronto district sold on average for $460,817, up 2.28% this April.

In some popular Toronto Downtown Condo locations bidding wars have taken place when there are simply more Toronto Condo Buyers than Condominiums for sale.

Even bidding wars are seen for choice Toronto Condos for rent as well.

As a result the Toronto Condo Market is staying healthy and resilient overcoming any small talk of a forthcoming housing bubble.

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

Call/Text Today!

www.BuySellTorontoRealEstate.com

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