Real Estate Agents previewing MLS listings, Homes For Sale & Condos For Sale by Century 21 Realtors
As both Canada's & Ontario's most populous & busiest city, Toronto's real estate market place has seen tremendous housing appreciation in recent years, with Toronto MLS Listings flying off the shelves. Buying a house or condo in Toronto has been increasingly difficult for home buyers, due to high demand & competition. Multiple offers & lost real estate bidding wars have meant that many apartment renters wanting to purchase homes in Toronto have had to give up searching for now. New mortgage rules that came into effect recently have also made owning Toronto homes a dream out of reach for many. Recent talk of a Toronto real estate bubble by commentators has, to date, been overblown. Although home & condo prices remain high compared to historic norms, most analysts expect the residential boom to continue, albeit at a slower pace. We continue to experience real & significant population growth, & everyone needs a dwelling of their own. Property prices will surely follow.
GTA districts have numerous types of homes for sale available on MLS Toronto. Options include types such as detached houses, semi-detached or townhouses. Less clear is what style: There are back split style homes for sale in Toronto, mainly in older spots, that offer a lot of housing value for money. Another strategy is to consider bungalows, which have shown real house price appreciation due to demographic changes, more common 2-storey house styles, or new homes in suburbs. With Toronto's condominiums, older condo residences normally have higher maintenance fees but more space, but smaller newer condo developments provide higher sale prices per square foot.
11 Lee Centre Drive - May Towers. 830 sq ft 2 BR at Scarborough Town Centre.
260 Seneca Hiill Drive - Crestview Place. 900 plus sq ft 2 BR unit in North York
At 190 Borough Drive - Centro Condo. Over 600 sq ft 1 BR plus den & balcony suite.
January 7 - Toronto Real Estate Board realtors reported 92,867 residential sales through our Realtor's system in 2014, representing a 6.7 per cent increase over sales for 2013. In December, the number of new available homes & condos on the Real Estate network were up by 9.5 per cent & month-end active listings were down by 10.4 per cent.
Average selling prices for 2014 were $566,726, up by 8.4% compared to averages of $523,036 reported for 2013. The HPI Composite Benchmark was up by 7.89% over that same period.
Ram's take: "The market showed continued strength throughout 2014, as inventory supply continued to be a major issue for buyers. This was particularly evident in the low-rise market, where bidding wars were very common. Even the high rise market experienced shortages in particularly desirable spots. Barring a global shock (& I don't count the Fed's tapering later this year) we should see robust conditions this year as well, particularly with the recent reduction in prime rates in January 2015."
Click here to ready more about Toronto Housing Market trends.
Start browsing homes for sale or condos for sale using a Searchable Toronto Map listing properties for sale in GTA. Access it by either clicking on the icon above to search Real Estate Toronto or alternatively, search from a menu on the left to find properties by region. There is also info covering other districts. Property maps exist for North York, Scarborough, Markham etc.. If you see something interesting, please call or e-mail me so we may view it. Please note that housing conditions are robust & many may already be conditionally sold, so please call so I can verify availability.
Finding a Real Estate Agent
A vital part of any home buying search is locating one of Torontos realtors to assist you. A successful realtor in Toronto can help you navigate the myriad residential properties currently being promoted. They should be experienced so they can quickly locate what you want. Agents are paid on commission, & in most cases sellers bear the cost of their services, so a house buyer can concentrate on finding their preferred property. Your residential property agent should know about neighbourhoods, style of homes, relative prices of real estate in Toronto, & amenities.
Toronto is known for its different neighbourhoods. New neighbourhood names have resulted from recent redistricting. A good realtor will be familiar with areas to assist an anxious home buyer wanting to know how areas are ranking & which pockets are safe. Willowdale & Bayview Village are excellent & established locales sporting many condos. Scarborough is always popular with new comers & has many affordable bungalows & new developments near the Town Centre & older spacious units near Bridletowne Circle. Markham has developed fast & has newer houses near Cornell & Unionville , as has Vaughan near Thornhill Woods. There is a Toronto neighbourhood map & links to various neighbourhoods by name here. Select from the menu on the left & let this site be your neighbourhood guide.
Current Brokerage GTA Residential Properties For Sale
Toronto Real Estate Broker
Harvest Realty Ltd.
Independently Owned and Operated
328 Sheppard Avenue East