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Welcome to this
wonderfully kept 2 bedroom condo located in a fantastic low-rise
building and very conveniently located just steps to shops, public
transportation, and schools. Square One Shopping Centre and all the
amazing restaurants and cafés are just some of the many amenities this
great area offers. Quick access to highways 401, 407 and 403.
This is likely the nicest complex for your money - come see it for
Contact me today for more details or to book a private viewing before
this great condo is
GTA REALTORS® Report Monthly Resale
TORONTO, April 3rd, 2014 -
Toronto Real Estate Board President
Dianne Usher announced that Greater
Toronto Area REALTORS® reported strong year-over-year increases in
TorontoMLS home sales and the average
selling price in March 2014. Home ownership affordability,
backstopped by low borrowing costs,
continued to be a key factor underlying this growth.
A total of 8,081 sales were reported in March
2014 – up by 7.2 per cent in comparison to March 2013.
Sales growth was much stronger in March compared to the first
two months of the first quarter. Sales for
Q1 as a whole were up by three per cent compared to the first three
months of 2013.
“Sales activity in the GTA accelerated last
month. Compared to last year, a greater number of buyers
found affordable home ownership options, as evidenced by
sales growth for all major home types.
Against this backdrop, however, overall inventory at the end of
March remained lower than last year. This
means competition between buyers increased, which is why the average
selling price continued to climb,” said
The average selling price for March 2014 sales
was $557,684 – an increase of almost eight per cent
compared to the average reported for March 2013. The average
price for the first quarter of 2014 was up
by 8.5 per cent year-over-year.
“With borrowing costs remaining low, and in fact
declining, strong home ownership demand will continue
to butt up against a constrained supply of listings. Strong
price growth will be the result for the remainder
of 2014. If the pace of price growth experienced in the first
quarter is sustained, TREB may revise its
outlook for the average selling price,” said Jason Mercer, TREB’s
Senior Manager of Market Analysis.
Source: Toronto Real Estate Board
Please feel free to contact me for a
complete copy of the Market Watch Report
GTA Commercial REALTORS® Report
Commercial Market Figures
April 3rd, 2014 - Toronto Real
Estate Board Commercial Network Members
reported a year-over-year increase in the total
amount of combined industrial,
commercial/retail and office space leased through the
TorontoMLS system in the first
quarter of 2014. In Q1 2014, total space leased amounted to
4,517,411 square feet – up by 3.6
per cent in comparison to 4,363,905 square feet leased
during the first three months of
2013. The largest annual rate of growth was reported for the
office market segment (+29 per
cent), followed by the commercial/retail segment (+6.9 per
cent). The total amount of
industrial space leased was down by less than one per cent
Annual change in average
lease rates was mixed. The average commercial lease rate,
for properties leased on a per square foot net basis for
which pricing was disclosed, was up by
almost 23 per cent. Some of this change was due to a different mix
of properties leasing this year compared
to last. The average industrial lease rate was down only
slightly compared to last year and the average office lease
rate was down by approximately six per
“Since coming out of the
recession, we have certainly seen a few false starts as it
relates to economic growth, particularly where business
investment and exports are concerned.
However, the first GDP data point for 2014 was very encouraging.
Hopefully, the positive result for first quarter leasing
activity in the GTA points to continued
economic growth, as businesses take on more space in response to
anticipated growth in demand for goods and services produced
in south-western Ontario,” said Commercial
Committee Chair Cynthia Lai.
There were 197 combined
industrial, commercial/retail and office property sales through
the TorontoMLS system in the first quarter of 2014. Average
selling prices on a per square foot basis
for transactions where pricing was disclosed were up for industrial
and commercial/retail properties and down
for office properties. In addition to market forces,
annual price changes also resulted from changes in the mix of
properties sold, in terms of both size and
“Conditions are in place to
support an increase in commercial real estate investment in
the GTA. The expectation is that the US economy will continue
to pick up steam, which should help
facilitate the long-awaited recovery in the Canadian export sector.
All of this, coupled with the continuation
of accommodative borrowing costs, could prompt an
increase in sales activity moving forward,” continued Ms.
It's a Great Time to Buy!!!
This is truly a great time to buy,
after all, interest rates are at an all time low. You are either going
to be paying your Landlord's mortgage or you will be paying your own
mortgage. Call me today for a no obligation meeting.
Great News for First Time Home Buyers
December 13, 2007
ONTARIO EXPANDS LAND TRANSFER TAX REFUND PROGRAM
First-time buyers of resale homes to benefit from new tax
Provincial government is giving
all first-time homebuyers a break on land transfer tax by
proposing to expand the Land Transfer Tax Refund Program to
include purchases of resale homes, Finance Minister Dwight
Duncan announced today.
this Land Transfer Tax refund is an important part of our
government's commitment to helping Ontarians buying their
first home," Duncan said.
midnight tonight, first-time buyers of resale homes, as well
as newly constructed homes, would be eligible for a refund
from the provincial government of up to $2,000 of the Land
Transfer Tax paid.
information please click here:
Land Transfer Tax Refund Program
are thinking of SELLING
or BUYING Residential or Commercial Real Estate in
the Greater Toronto Area (Toronto, Mississauga,
Brampton, Caledon, Georgetown, Milton,
and surrounding areas), I would be
please to work with you.
Please feel free to browse through my site and if you have
any further questions regarding the Selling or Buying
process or if you would like more information on my
services, please give me a call or simply send me an email.
Proud sponsor of the "Children's Miracle
Network" and the "Sold on a Cure"
for Breast Cancer Research Program