Welcome to my newsletter for January!
The average price for a property in Toronto is now over $740K! However, if your budget is just a little higher, say $13M to $15M, you may be surprised at what that will buy. As a counterpoint, check out the article that shows what $300,000 buys across Canada.
Despite regulations designed to slow down the market, records were set in Toronto last year, and and the 2017 market is gearing up - coming soon to the MLS is a renovated three level Cabbagetown home.
If you are considering making a move this year, please don't hesitate to get in touch.
Michael
Michael O'Brien, Sales Representative
Bosley Real Estate Ltd. Independently Owned & Operated
169 Danforth Av., Toronto, On. M4K 1N2
416-465-7527
E-Mail
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The 5 Most Expensive Houses For Sale In Toronto
The most expensive homes for sale in Toronto right now are all giant mansions that have enough space for you, your family and friends as well as a menagerie of pets. While many of them come with astronomical price tags, there's no harm in window shopping, is there?
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The Best Thai Restaurants In Toronto
The best Thai restaurants in Toronto have come a long way over the past decade. This shift towards trusting that Torontonian palates can appreciate true Thai flavours means it's no longer necessary to fly halfway around the world in order to experience the vivid, delightful combinations of sweet, sour, salty, bitter and spicy as they're meant to be, with nothing held back or watered down.
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What Will The City Of Toronto's 2017 Budget Cost Us?
For those who own their own home in Toronto, big or small, the proposed budget keeps your property taxes low, as Mayor John Tory promised.
But analysis of that plan released late last year says this budget unfairly burdens the city's most disadvantaged and vulnerable residents - those who rely on transit, city-run recreation programs and social services.
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What $300,000 buys you in Canada's housing market
A new infographic based on analysis from Point2homes.com offers a great visual snapshot of the trade-off between space-typically found in less urban areas-versus location (typically the denser, more urban spots).
The result is a visual representation of how much space $300,000 would buy you across 30 Canadian cities.
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COMING SOON to the MLS! Fully renovated Cabbagetown Home
231Ontario Street: $799,000
Charming 1885 spacious 3 level, 2 Bedroom. Contact me at 416-465-7527 for more information
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Market News
TORONTO, January 5, 2017
-- Toronto Real Estate Board President Larry Cerqua announced that 2016 was a second consecutive record year for home sales. Greater Toronto Area REALTORS® reported 113,133 home sales through TREB's MLS® System - up by 11.8 per cent compared to 2015. The calendar year 2016 result included 5,338 sales in December - an annual increase of 8.6 per cent.
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NOT INTENDED TO SOLICIT BUYERS/SELLERS ALREADY UNDER CONTRACT.
As provided for under the Privacy Act, if you wish to have your name removed from this database, please click on the 'safeunsubscribe' link below.
All Buyers/Sellers should satisfy themselves as to the accuracy of any information provided herein - in particular with regard to measurements, taxes and other data provided in any MLS listings provided by this sales representative.
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