I hope you're having a wonderful summer! If you're avoiding Pearson and staying in the city, there is plenty to keep you busy. You'll find my picks for the best things happening in August, and a bonus one: Smorgasburg! Plus, the city's best new patios. Scroll down for more.
The market continues to slow down - sales were down by 47% compared to July 2021. Listings, on the other hand, were only down by 4%. Interestingly, prices still remain higher than they were this time last year with the exception of detached homes. The Bank of Canada is set to make another interest rate announcement in September which may further affect affordability. It's impossible to accurately predict what will happen in the market but Toronto remains a very popular city and historically, prices have always rebounded. No matter when you make a purchase, if you plan on living in the home for ten years, you're bound to see a significant profit.
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,
SAGE Real Estate Ltd., Brokerage
416-483-8000
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Toronto Events For August |
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Travel the world with your taste buds at Summerlicious, on from August 12th - 28th. The CNE, one of Toronto’s most beloved carnivals and a staple of summer in the city, is back from August 19th – September 5th. And, cool down this summer with the delicious taste of over 100 ciders at the Toronto Cider Festival, on August 26th and 27th. |
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Smorgasburg Has Finally Arrived in Toronto and Here Are All the Vendors |
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America’s largest open-air food market has finally arrived in Toronto! Smorgasburg brings 50 unique vendors from across the city to one amazing waterfront location. Every Saturday until September 10th, you can find fantastic eats, a refreshing Ice Cream Alley and a perfectly curated smogasBAR. |
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Keep Your Kitchen Clutter-Free With These 10 Wall Storage Ideas |
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Small kitchens can present big problems, especially when you have multiple people in the household. Here are some of the best storage solutions to help with your tiny kitchen woes. Make the best use of space with these clever wall-mounted storage ideas. |
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Toronto's Best New Patios |
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We’re in the middle of a sweltering summer, which means it's time to make haste to one of the city’s best new patios and sip something cold to subdue the scorch. These are different from the city’s outcrop of seasonal CaféTO patios: the new permanent sky-high spots, private dining bubbles and leafy backyards are here to stay. |
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Meet Me in the Market!
#605 - 25 George Street: $1,349,000
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Olde York Place II: When space matters, this approximately 2,500 square foot suite offering 2 bedrooms plus a family room AND a separate den suite, in the ever popular St. Lawrence Market, is sure to satisfy! Meticulously maintained and ideally located in a quiet and mature complex. The generous living room/dining room is perfect for entertaining guests and family gatherings. The den is ideal for an at home office or study and the separate eat-in kitchen offers ample work space for those who love to cook. Best of all, imagine ending your day with sun-soaked west views toasting in front of a rare-to-find wood burning fireplace. Easily move-in ready or update to personalize. This suite is steps to pretty much everything the city has to offer, including St. Lawrence Market, Distillery District, supermarket, LCBO, theatres, restaurants, the Financial core, Harbourfront and the lake! |
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SOLD: #4107 - 1 Palace Pier Court! |
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Toronto Real Estate Board Market News |
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Market conditions remained much more balanced in July 2022 compared to a year earlier. There were 4,912 home sales reported through the Toronto Regional Real Estate Board (TRREB) MLS® System in July 2022 – down by 47 per cent compared to July 2021. The average selling price was up by 1.2 per cent compared to July 2021 to $1,074,754. |
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NOT INTENDED TO SOLICIT BUYERS/SELLERS ALREADY UNDER CONTRACT. |
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