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New property listed in South Riverdale, Toronto E01

I have listed a new property at 606 150 Logan AVE in Toronto. See details here

Inspirational Views And Sensational Sunsets!! Live In The Brand New Wonder Condos In Leslieville With A Bright And Spacious 1 Bedroom + Den Unit. This Gem Is Just Steps Away From Toronto's Finest Restaurants, Parks, And Transit. You Can Enjoy The Beautiful City Skyline From Your Own Balcony With A Walkout From The Living Room. Plus, You'll Have Access To 24-Hour Concierge Service And Designer Amenities Including A Rooftop Party Room And Terrace, Gym, Co-Working Space, And Much More.

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New property listed in South Riverdale, Toronto E01

I have listed a new property at 608 150 Logan AVE in Toronto. See details here

Inspirational Views And Sensational Sunsets!! Live In The Brand New Wonder Condos In Leslieville With A Bright And Spacious 1 Bedroom + Den Unit. This Gem Is Just Steps Away From Toronto's Finest Restaurants, Parks, And Transit. You Can Enjoy The Beautiful City Skyline From Your Own Balcony With A Walkout From The Living Room. Plus, You'll Have Access To 24-Hour Concierge Service And Designer Amenities Including A Rooftop Party Room And Terrace, Gym, Co-Working Space, And Much More.

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I have sold a property at 8 Cheyenne DR in Toronto

I have sold a property at 8 Cheyenne DR in Toronto on Oct 23, 2023. See details here

This beautiful well maintained and inviting 4+1 bedroom home features a cozy basement fireplace, a walkout from the rec room and a loving garden, creating the perfect blend of comfort and style. You'll also enjoy the convenience of walking trails and a ravine leading to Thompson Park just steps away. For families, it's a dream location with a public school just 3 minutes away, a Catholic school 5 minutes away, and Cedarbrae Collegiate within a 10-minute walk. Commuting is a breeze with easy access to TTC and the GO Station, and you're close to Cedarbrae Mall, Scarborough Town Centre and Highway 401.

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New property listed in Woburn, Toronto E09

I have listed a new property at 8 Cheyenne DR in Toronto. See details here

This beautiful well maintained and inviting 4+1 bedroom home features a cozy basement fireplace, a walkout from the rec room and a loving garden, creating the perfect blend of comfort and style. You'll also enjoy the convenience of walking trails and a ravine leading to Thompson Park just steps away. For families, it's a dream location with a public school just 3 minutes away, a Catholic school 5 minutes away, and Cedarbrae Collegiate within a 10-minute walk. Commuting is a breeze with easy access to TTC and the GO Station, and you're close to Cedarbrae Mall, Scarborough Town Centre and Highway 401.

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I have sold a property at 505 533 Richmond ST W in Toronto

I have sold a property at 505 533 Richmond ST W in Toronto on Oct 6, 2023. See details here

This Trendy, Upgraded 2 Bedroom Loft Features Hardwood Floors, Floor To Ceiling Windows, Motorized Window Blinds, Open Concept Layout, 9' Exposed Concrete Ceilings, King-Sized Master, Large Custom Built Closets, Granite Counter Tops, Gas Range Stove And Gas Hookup On Spacious L-Shaped Terrace. Includes Parking And Locker.

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Downtown And Surrounding Areas

Freehold
Average Sale Price: $2,147,487.00 (+9%)
Median Sale Price: $1,569,000.00 (-8%)
# Of Listings Sold: 51 (+11%)
# Of New Listings: 97 (-37%)
Average Days On Market: 11 
Months Of Inventory: 2.9
 
Condos
Average Sale Price: $845,564.00 (0%)
Median Sale Price: $715,000.00 (+1%)
# Of Listings Sold: 107 (0%)
# Of New Listings: 400 (-14%)
Average Days On Market: 25
Months Of Inventory: 5.9
 
 
Midtown

 
Freehold
Average Sale Price: $2,217,493.00 (-23%)
Median Sale Price: $2,072,000.00 (+5%)
# Of Listings Sold: 23 (-28%)
# Of New Listings: 84 (-15%)
Average Days On Market: 15
Months Of Inventory: 4.3
 
Condos
Average Sale Price: $783,310.00 (-2%)
Median Sale Price: $720,000.00 (+3%)
# Of Listings Sold: 29 (+7%)
# Of New Listings: 86 (-7%)
Average Days On Market: 26
Months Of Inventory: 4.2
 
 
North York Center
 
 
Condos
Average Sale Price: $720,539.00 (+1%)
Median Sale Price: $696,000.00 (+5%)
# Of Listings Sold: 45 (+36%)
# Of New Listings: 115 (-11%)
Average Days On Market: 25
Months Of Inventory: 4
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September 2023 Key Takeaways: 
  • Average sale price was up month over month 11% and year over year 5%.
  • New home sales were down 8% month over month but remained the same compared to last year. 
  • New listings are way up since last month and last year.
  • The market is officially swinging into more of the buyers benefit in the city of Toronto. With potential for further interest rate hikes and general economic uncertainty buyers are mostly hoping to weather the storm while a lot of sellers are looking to liquidate assets in exchange for more cash in hand. 
  • The one surprising figure here is that given this decrease in demand, there was still a significant increase in average sale price. Values are still holding strong and time will tell if that will remain or if we will start to see more fuctuations. 
  • It's possible the war in the middle east causes gas and energy prices to go up effecting inflation here in Canada. Something to keep an eye on as that can have an indirect effect on the Bank Of Canada's decision whether or not to raise their overnight rate during their next announcement on October 25th. 

All data below. What do you think? 

*I intentionally like to keep these reports short and straightforward. If you have questions about any specific aspect of the market or want me to expand on the data shared, please reach out.

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New property listed in South Riverdale, Toronto E01

I have listed a new property at 606 150 Logan AVE in Toronto. See details here

Inspirational Views And Sensational Sunsets!! Live In The Brand New Wonder Condos In Leslieville With A Bright And Spacious 1 Bedroom + Den Unit. This Gem Is Just Steps Away From Toronto's Finest Restaurants, Parks, And Transit. You Can Enjoy The Beautiful City Skyline From Your Own Balcony With A Walkout From The Living Room. Plus, You'll Have Access To 24-Hour Concierge Service And Designer Amenities Including A Rooftop Party Room And Terrace, Gym, Co-Working Space, And Much More.

Read

New property listed in South Riverdale, Toronto E01

I have listed a new property at 608 150 Logan AVE in Toronto. See details here

Inspirational Views And Sensational Sunsets!! Live In The Brand New Wonder Condos In Leslieville With A Bright And Spacious 1 Bedroom + Den Unit. This Gem Is Just Steps Away From Toronto's Finest Restaurants, Parks, And Transit. You Can Enjoy The Beautiful City Skyline From Your Own Balcony With A Walkout From The Living Room. Plus, You'll Have Access To 24-Hour Concierge Service And Designer Amenities Including A Rooftop Party Room And Terrace, Gym, Co-Working Space, And Much More.

Read