We have two more weeks of the current lockdown situation and until the next Provincial government announcement, so since we'll be spending a little more time at home before the city opens up for summer (thinking positively), be sure to check out my May Events Blog. It features events like Inside Out Film Festival, CONTACT photography festival, Jane's Walks and more....and most are going virtual!
The big news this month is that sales did not set records! Although sales were down by 12.5% compared to March, they're still more than 36% higher than the ten year average, so the sky has not fallen. You'll find full market news below, and if you're curious about what's happening in your neighbourhood, please feel free to reach out to me.
Also don't miss my latest listing! It's a lovely three bedroom home in the heart of Cabbagetown...also, coming soon, a gorgeous, industrial-style, fully-reno'd one bedroom suite at Radio City!
As always, I thank you for your past and future business...and any referrals of friends or family you may have are greatly appreciated!
Brian Elder
Sales Representative,
Royal LePage Real Estate Services Ltd.
416 921 1112
|
|
New Stress Test Rules – How Will They Affect the Market? |
|
In Toronto, sales were up over March 2020 considerably, which is not a surprise considering the city shut down mid-March. However, the average price for a detached home in Toronto is now $1.75M while the average semi sold for $1.288M.
A common question I often hear is, “Where is all this money coming from?”, and I have some theories…
|
|
Toronto Virtual Events For May |
|
From virtual events like the Scotiabank Contact Festival and the Interior Design Festival to physically distanced events like ActiveTO and Jane's Walk, there is plenty happening all month long to keep you active, inspired and entertained. |
|
The Amazing History of the Yorkdale Shopping Centre in Toronto |
|
The story of Yorkdale is a vital part of the history of retailing in the Toronto area. It was Canada's first indoor mall, an improvement for shoppers that particularly suited the Canadian climate. It allowed people to park, walk inside an enclosed structure, and access shops from its interior. |
|
12 Delicious Mother’s Day Takeout Options in Toronto |
|
Mother’s Day is this weekend and we’re all looking for ways to celebrate. As you already know, this year will be different from most. But that doesn’t mean we can’t still show a little love to the most important lady in our lives. Whether you’re bubbled at home together or celebrating with Mom via FaceTime, these great takeout specials are the way to go. |
|
Cabbagetown Gem
19 Gifford Street: $1,099,000
|
|
This well-maintained, 1920's Arts & Crafts-style, family home is located in one of the city's most desired neighbourhoods. Featuring 3 generous bedrooms, a private 2nd floor office and a large skylight that floods the home with natural light. Character-galore with gleaming hardwood throughout, refinished woodwork and remodelled period bath. A lovely mix of today's comfort with old world charm. Steps to transit, schools, Riverdale Parks and Farm, the restaurants, shops and boutiques of Cabbagetown and more! |
|
Coming Soon to the MLS!
Stellar City Views at Radio City
|
|
Radio City Condos! Stylishly re-imagined, one bedroom, industrial-inspired warehouse with a loft-style aesthetic, sun-soaked west city views, an oversized balcony and owned locker. Floor-to-ceiling wrap-around windows, 9 foot smooth ceilings throughout. Recently renovated, high-end kitchen with centre island, and an abundance of storage. Steps to transit, Ryerson, U of T, shopping, Maple Leafs Gardens Loblaws, Allen Gardens dog park, financial core and more. |
|
Toronto Real Estate Board Market News |
|
Home sales in the Greater Toronto Area (GTA) set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. Bucking the regular seasonal trend, April 2021 sales actually declined month-over-month. A similar trend was noted for the number of new listings reported. |
|
NOT INTENDED TO SOLICIT BUYERS/SELLERS ALREADY UNDER CONTRACT. |
|
|
|
|
|
|
