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I have sold a property at 2508 15 Mercer ST in Toronto

I have sold a property at 2508 15 Mercer ST in Toronto on Sep 2, 2024. See details here

Welcome to the infamous Nobu Hotel Residences! 2 bedrooms with floor-to-ceiling windows, 2 full bathrooms, a den, a balcony-facing southeast W/300-degree Panoramic Unobstructed Lake, Financial district skyline and CN tower view! There are tons of upgrades including a Japanese toilet in the Master en suite and custom-built organizers in all closets. Floor-to-ceiling windows featuring a ton of natural sunlight, 9ft smooth ceiling, individual thermostat, quartz countertop with matching quartz backsplash, under-cabinet task lighting, custom-designed island with breakfast bar, Miele refrigerator/glass surface cooktop/built-in oven/dishwasher/concealed hood fan& microwave, soaker tub & more. Essential services are merely a minute's walk away and transit is a breeze with the King Street Streetcar, St.Andrew Station and the Mercer Street PATH entrance within reach. An array of dining choices surrounding you and the Independent City Market for your grocery needs a few minutes away.

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New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at 505 533 Richmond ST W in Toronto. 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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New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at LPH01 2 Augusta AVE in Toronto. See details here

New, Bright And Massive Corner Unit With CN Tower City Views, 2 Parking Spots With EV Charging, Extra Large Oversized Private Locker Room, Floor To Ceiling Windows And Steps From The New Waterworks Food Hall, Streetcar, Subway, Universities, Groceries, Fine Dining & Cafes, Entertainment Centre, Parks And More. What Else Can You Ask For? This Is Your Rare Opportunity To Live In 940 Square Feet Of Luxury In The Heart Of Queen West.

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New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at 2508 15 Mercer ST in Toronto. See details here

Welcome to the infamous Nobu Hotel Residences! 2 bedrooms with floor-to-ceiling windows, 2 full bathrooms, a den, a balcony-facing southeast W/300-degree Panoramic Unobstructed Lake, Financial district skyline and CN tower view! There are tons of upgrades including a Japanese toilet in the Master en suite and custom-built organizers in all closets. Floor-to-ceiling windows featuring a ton of natural sunlight, 9ft smooth ceiling, individual thermostat, quartz countertop with matching quartz backsplash, under-cabinet task lighting, custom-designed island with breakfast bar, Miele refrigerator/glass surface cooktop/built-in oven/dishwasher/concealed hood fan& microwave, soaker tub & more. Essential services are merely a minute's walk away and transit is a breeze with the King Street Streetcar, St.Andrew Station and the Mercer Street PATH entrance within reach. An array of dining choices surrounding you and the Independent City Market for your grocery needs a few minutes away.

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New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at 505 533 Richmond ST W in Toronto. 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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*This is an update for Toronto as a whole and things can look very different between different areas and home types. If you would like to dig deeper into the numbers that matter more to you, please book a call with me here.

Key Takeaways: 

  • Prices are down.

  • Sales are down. 

  • New Listings are down. 

  • Days on market are up. 

  • August is usually the slowest month of the year so expect this trend to continue. 

  • The next Bank Of Canada Rate announcement is September 4th. 

  • Looking at numbers after the first week of July, Toronto Freehold homes are in a Balance Market at 3.6 Months Of Inventory and Toronto Condos are up in a Buyers Market at 6.4 Months Of Inventory.

Data below. 

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I have sold a property at 76 5050 Intrepid DR in Mississauga

I have sold a property at 76 5050 Intrepid DR in Mississauga on Aug 2, 2024. See details here

Incredible Two Bedroom & Two Bath Stacked Townhouse In The Family-Friendly Community Of Churchill Meadows. Open Concept Main Floor With Tons Of Natural Light & Private Balcony Overlooking Park Master Br W/ 4Pc En-suite And Walk In Closet. Spacious Open Concept Kitchen W/ Breakfast Bar, With Two Private Balconies. 1 Surface Parking Space Close To Suite Entrance Included In The Rent. Amazing Location!! Minutes Walk To All Amenities, Shopping Centers, Schools, Erin Mills, Credit Valley Hospital, Hwy 403, And More.

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New property listed in Churchill Meadows, Mississauga

I have listed a new property at 76 5050 Intrepid DR in Mississauga. See details here

Incredible Two Bedroom & Two Bath Stacked Townhouse In The Family-Friendly Community Of Churchill Meadows. Open Concept Main Floor With Tons Of Natural Light & Private Balcony Overlooking Park Master Br W/ 4Pc En-suite And Walk In Closet. Spacious Open Concept Kitchen W/ Breakfast Bar, With Two Private Balconies. 1 Surface Parking Space Close To Suite Entrance Included In The Rent. Amazing Location!! Minutes Walk To All Amenities, Shopping Centers, Schools, Erin Mills, Credit Valley Hospital, Hwy 403, And More.

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New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at LPH01 2 Augusta AVE in Toronto. See details here

New, Bright And Massive Corner Unit With CN Tower City Views, 2 Parking Spots With EV Charging, Extra Large Oversized Private Locker Room, Floor To Ceiling Windows And Steps From The New Waterworks Food Hall, Streetcar, Subway, Universities, Groceries, Fine Dining & Cafes, Entertainment Centre, Parks And More. What Else Can You Ask For? This Is Your Rare Opportunity To Live In 940 Square Feet Of Luxury In The Heart Of Queen West.

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*This an update for Toronto as a whole and things can look very different between different areas and home types. If you would like to dig deeper into the numbers that matter more to you, please book a call with me here.

Key Takeaways: 

  • Prices have come down a little bit. 

  • There are lots of options for buyers right now. 

  • If things continue moving as they are now, prices will come down more. 

  • The Bank of Canada interest rate announcement has had no effect on the market so far.

  • The summer is a slow time for real estate and I expect things to be slow until at least September.

  • Looking at numbers after the first week of July, Toronto Freehold homes are now up in a Balance Market at 3.2 Months Of Inventory and Toronto Condos are up in a Buyers Market at 5.6 Months Of Inventory.

Data below. 

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New property listed in Waterfront Communities C1, Toronto C01

I have listed a new property at LPH01 2 Augusta AVE in Toronto. See details here

Incredible Opportunity To Live In The New Rush Condo By Alterra Located In The Heart Of Queen West At Richmond And Spadina. This 939 Sqft Corner Unit Has A Perfect Layout With Bright And Modern Finishes And A Ton Of Natural Sunlight. Minutes Walk To Streetcar, Subway, Universities, Groceries, Fine Dining & Cafes, Entertainment Centre, Etc. Unit Includes A Tandem EV Hookup Parking Spot That Fits Two Cars As Well As An Attached And Private Oversized Storage Locker.

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Key Takeaways: 

  • The amount of homes available for sale continued to go up. 

  • Prices remained relatively flat.

  • Simply put, Detached and Semi-Detached freehold homes are in a sellers market and condos are leaning into a buyers market. 

  • Sales activity was very slow as many buyers were “waiting to see whats going to happen with interest rates”

  • The Bank Of Canada lowered interest rates .25% which will save variable rate holders about $10-15 less per $100,000 of their mortgage. (June will be a good test to see how people actually react to this)

  • Running numbers after the first week of June, Toronto Freehold homes are up at 2.5 Months Of Inventory (Sellers Market) and Toronto Condos are up at 4.9 Months Of Inventory (Balanced Market).

Data below. 

*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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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Regional Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.