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Chestnut Park Toronto Real Estate Update ~ December 2018

January 11th, 2019
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There were no surprises in December. The year came to an end as expected. Higher borrowing costs and the new stress testing measures implemented at the beginning of the year are now a driving force in the Toronto housing landscape. The landscape is now one of moderating sales volumes and average sale prices, as was made evident in December’s resale data.

In December sales declined by more than ...

SOLD - #704 438 King Street West, Toronto, ON

January 8th, 2019

I just sold this Condominium at #704 438 King Street West, Toronto, ON .

View this recently sold Condominium or see all my home sales.

New Listing - 118 Stratford Crescent, Toronto, ON

January 6th, 2019

 

Elegance abounds in this stately and resplendent residence located at a most coveted address in the upscale neighbourhood of Lawrence Park. From the dramatic Georgian red brick façade to the meticulous craftsmanship and design within, this is a spectacular family home in a coveted location. With 70 ft frontage, the sophisticated principal rooms are grand and perfectly proportioned providi ...

SOLD - 10 Stratheden Road, Toronto, ON

January 6th, 2019

I just sold this Apartment at 10 Stratheden Road, Toronto, ON Lawrence Park .

View this recently sold Apartment or see all my home sales.

SOLD - 7B Linton, Toronto, ON

December 23rd, 2018

I just sold this Semi-Detached Home at 7B Linton, Toronto, ON .

View this recently sold Semi-Detached Home or see all my home sales.

Chestnut Park Toronto Real Estate Update ~ November 2018

December 18th, 2018

It was no surprise that the Toronto and area residential resale market retracted in November. Sales volumes were off by 14.7 percent compared to reported sales last year. This November 6,251 properties were reported sold compared to 7,326 in 2017. There are many factors responsible for the current market. In fact, there are two markets: the city of Toronto (or the 416 region) and the 905 regi ...

New Listing - #704 438 King Street West, Toronto, ON

November 30th, 2018

 

Welcome To This Luxurious & Updated Two Bedroom Condo At "The Hudson" Providing You W/The Ultimate Downtown Living Experience In Trendy King West. Newly Updated It Features A 2 Bdrm, Split Plan Layout W/2 Full Washrooms, Balcony, Parking & Locker. Monthly Rent Includes Utilities. This Urban Chic Art Deco Building Also Has Top Notch Amenities, A Concierge & Is Minutes To Financial Dist, Shops ...

Chestnut Park Toronto Real Estate Update ~ October 2018

November 17th, 2018
The real surprise in October was that the Toronto and area marketplace was more buoyant than expected, especially with a further interest rate hike during the month coming from The Bank of Canada. After being at 0.5 percent for two years, the Bank’s rate has jumped to 1.75 percent in the last 18 months with the latest increase in October.

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Notwithstanding these increases, sales in October ...

Chestnut Park Toronto Real Estate Update ~ September 2018

October 17th, 2018
The new normal in the Toronto residential real estate market has arrived.  It has been finding its way for several months now, guided by the implementation of mortgage stress testing, the foreign buyer tax, and a number of mortgage interest rate hikes.  It is now crystal clear, that the frenzied market of 2016 and early 2017 was in a phrase: driven by cheap, and easy money.  There were other ...

Chestnut Park Toronto Real Estate Update ~ August 2018

September 19th, 2018
Market data for August came in as expected. Both the average sale price and the number of residential properties reported sold increased compared to August 2017. The average sale price for all properties sold came in at $765,270, or almost 5 percent higher than last year’s average sale price of $730,969. The number of properties sold compared to last year increased by almost 9 percent to a he ...
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