Tuesday, June 8, 2021

Just Sold | 36 Biscayne Boulevard

Another Sold!

Tastefully Renovated With Nothing To Do But Move In. Thousands Spent In Upgrades Including: Windows, Doors, Flooring, Paint, Kitchens, Baths, Granite & Much More! Perfect For End User Or Investor. Very Large 2 Bedroom In-Law Suite With Separate Side Entrance. Bright & Spacious, Steps To TTC & New LRT, Parks, Trails & Shopping. This One Is Not To Be Missed!

Monday, June 7, 2021

For Lease | 488 University Avenue #2416

***An Exceptional Rental Opportunity*** 

Fully Furnished 3+1 Bedrooms, 2 Baths, PARKING, Floor To Ceiling Windows, Large Balcony Overlooking Stunning City Views, High End Kitchen With Integrated Appliances, World Class Amenities, Direct Access To Subway, Steps To Financial District & Hospitals. Owners Have Thoughtfully Installed Multiple Built-Ins Throughout Unit Providing Exceptional Storage Solutions. Willing To Rent Unfurnished As Well.

Thursday, June 3, 2021

GTA REALTORS® Release May 2021 Stats

Residential transactions reported through TRREB’s MLS® System remained high in May 2021, but fell short of the 2016 record and were below this year’s March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May.

Greater Toronto Area REALTORS® reported 11,951 sales in May 2021 – more than double the result from May 2020, the second full month of the pandemic. May 2021 sales were below the May 2016 record of 12,789 but remained well above the average May sales of 10,336 for the 2010 through 2019 period. Often, May is the strongest sales month in any given year; however, 2021 results bucked this trend, with May sales below the 15,646 deals reported in March.

“There has been strong demand for ownership housing in all parts of the GTA for both ground-oriented home types and condominium apartments. This was fueled by confidence in economic recovery and low borrowing costs. However, in the absence of a normal pace of population growth, we saw a pullback in sales over the past two months relative to the March peak,” said TRREB President Lisa Patel.

The MLS® Home Price Index Composite Benchmark was up by close to 19 per cent year-over-year in May 2021. The average selling price across all home types was up by 28.4 per cent year-over-year, reaching a record $1,108,453. On a seasonally adjusted basis, the average price increased by 1.1 per cent between April and May 2021.

“While sales have trended off the March 2021 peak, so too have new listings. This means that people actively looking to purchase a home continue to face a lot of competition from other buyers, which results in very strong upward pressure on selling prices. This competition is becoming more widespread with tighter market conditions in the condominium apartment segment as well,” said TRREB Chief Market Analyst Jason Mercer.

TRREB MLS® New Listings May 2021

TRREB MLS® Sales-to-New Listings Ratio May 2021

TRREB MLS® Average Resale Home Price May 2021

TRREB MLS® Sales May 2021

Tuesday, June 1, 2021

7 Ways To Make Your Next Move Fun

For many homeowners, selling their current property and finding their next home can seem like a daunting experience. But, it doesn't need to be. In fact, the process can be smooth and relatively easy, even fun, if you do the right things. 

Consider these tips: 

1. Create a profile of you next dream home. If possible, get the whole family involved in this exercise. Turn it into a fun game. 

2. Learn the steps involved in selling and buying. Don't be shy about asking questions. The less mysterious the process seems, the more likely you are to enjoy the experience. 

3. Visit neighbourhoods you'd like to live in. Explore the area. Go for walks. Imagine living there. 

4. Clean out all the clutter and other unwanted items from your home. This not only makes the house more comfortable for you and your family, it also makes it look better to buyers. 

5. Don't do everything on your own. Get help. If you need a repair person, house cleaner, contractor or pet sitter, hire one. Lessen the workload so you can enjoy the adventure. 

6. Plan fun things to do away from home during buyer viewing appointments. 

7. Keep a "moving calendar" and schedule appointments, tasks and other activities carefully. The more organized you are, the less stress you'll feel. 

Of course, the best way to make moving fun is to work with a good real estate agent - someone who knows how to sell your property successfully and can make the process go smoothly. 

Friday, May 28, 2021

Just Sold | 34 North Heights Road

Sold Over Asking! 

Perfect To Live In/Renovate Or Rent Out, Finished Basement With Separate Side Entrance, Hardwood Floors Throughout, Bright & Spacious, Very Quiet Street. Lovingly Maintained By Original Owner, Updated Bathrooms & More!

Wednesday, May 26, 2021

6 Undisputed Ways To Make Your Home Sell Faster

There are a few certainties in this world, but there are sure fire ways to sell your property faster regardless of market conditions. These strategies have been proven time and time again. So, if you're thinking of selling this year, take a good look at these recommendations. 

1. Clean and tidy. Making your home "guest ready" is the easiest way to ensure buyers are impressed during a viewing. 

2. Declutter. The more spacious your home looks, the more impressive it will be to buyers. You can box items and give them away, sell them or put them in storage. 

3. Price it right. Deciding on the right listing price is crucial. If it's too high, you'll discourage otherwise qualified buyers from seeing your home. If it's too low, you might send the wrong message to the marketplace. 

4. Optimize curb appeal. The better your home looks from the street, the more buyers will become interested. Curb appeal is important because it's the first impression a buyer sees, and that impression lasts. 

5. Stage your home. You don't necessarily need to replace all the furniture. However, studies consistently confirm that a well staged home sells significantly faster than a comparable un-staged property. 

6. Leverage the latest marketing and selling tactics. You want the marketing of your home to bring in the most qualified and interested buyers. You then want sales strategies that turn those buyers into offers and negotiation skills to turn the right offer into a sale. 

Keep these proven strategies in mind when putting your home up for sale.