33 ELMHURST AVENUE – #2204

The Atrium The Atrium,’ is an upscale building at Yonge and Sheppard with two bedrooms + solarium and two renovated bathrooms. This apartment also features an open living room and dining room, which are perfect for entertaining, along with breathtaking, unobstructed Southwest views of the city. Updated family-sized eat-in kitchen, one underground parking space and ample ensuite storage round out this exemplary suite. Stellar amenities include a 24-hour concierge, car wash, exercise room, sauna, party room, squash/racquet court, and visitor parking—all just steps to shopping, dining and the subway.’ Amenities Air Conditioning Central Air Concierge Service Eat in Kitchen Ensuite […]

TORONTO REAL ESTATE MARKET – APRIL 2021 REPORT

It was another strong month for Greater Toronto Area real estate with prices still climbing. Home prices in Greater Toronto are rising incredibly fast, but in this environment, it isn’t even close to the top gainer. The benchmark home in the region increased to $1,025,200 in April, up 1.75% ($17,600) from the month before. Compared to a year before, prices are 17.83% ($155,100) higher. Even with those incredibly large numbers, the monthly dollar gain ranked 23rd, and the annual 21st. Canadian Real Estate Mania Pushes Home Prices Up To $43,000 Higher In A Month – Kaitlin Last – Better Dwelling […]

CMHC EATS CROW…OR DO THEY?

Considering that an institution empowered and supported at arm’s length by the Government of Canada and tasked with the job of research, education, information dissemination, fiscal stimulus, and distribution of mortgage insurance vehicles to the housing industry (among other things) could get everything about the impact of Covid-19’s impact on the Canadian real estate market (and the economy at large), so completely wrong is a mystery. And it remains a mystery after the release of their newest research paper entitled: “Housing Market Information – HOUSING MARKET INSIGHT: Canada’s Major Markets,” which was released last week, 25th February 2021.  With only […]

TRREB’s ANNUAL “MARKET YEAR IN REVIEW AND OUTLOOK REPORT” IS NOW AVAILABLE FOR 2021 – HERE!

TRREB Forecasts Strong Demand for Real Estate in 2021 Highly Anticipated Outlook Report and New Digital Digest Unveiled The outlook for the GTA real estate market is healthy with strong buying intentions. Furthermore, it is anticipated that 2021 will enjoy a near-record sales forecast of more than 100,000, and a record average selling price over $1 million. The Toronto Regional Real Estate Board (TRREB) has unveiled its must-read Market Year in Review & Outlook 2021 Report and eagerly awaited digital digest. This digest containing TRREB’s annual market outlook, up-to-date Ipsos consumer polling results, the most recent Altus new home and much more. “The pandemic […]

YOU’RE RICHER THAN YOU THINK!

This video is about American homes on average, but the truth of the matter is, the message that homeowners have tremendous equity built-up in their homes is more true of Canadians and specifically Torontonian’s than it is of our US counter-parts. In fact, according to the Toronto Regional Real Estate Board, as of January 2021, the average home in the GTA was worth approx $967,885 vs $838.087 in January 2020. That’s an increase of approx 15.5% or $129,798 per homeowner. Of course, that is just an average based on all home sales of all home types. So, for some, it […]