Tag Archive for Tag: downtown toronto condos

Tag: downtown toronto condos Record High Condo Sales in 905 as GTA Condo Prices Reach $1,000 PSF

  Record High Condo Sales in 905 as GTA Condo Prices Reach $1,000 PSF   Urbanation Inc., the leading source of information and analysis on the GTA condominium market since 1981, released its Q2-2019 condominium market results.   New condominium apartment sales in the GTA totaled 8,902 units in Q2-2019, surging 77% year-over-year as 10,848 units were launched for pre-sale during the quarter. Sales reached their second highest Q2 level on record behind the market peak in Q2-2017 (11,413 sales), which followed a muted first quarter of activity and brought total first half sales of 11,967 units in 2019 above

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Tag: downtown toronto condos GTA Condo Construction Reaches Record High in Q1

Toronto GTA Condo Construction Reaches Record High in Q1   Urbanation Inc., the leading source of information and analysis on the GTA condominium market since 1981, released its Q1-2019 condominium market results.   Pre-Sale Launch Activity Drops to 10-Year Low as Construction Surpasses 70,000 Units   New condominium apartment sales were suppressed during the first quarter of 2019 due to a decade low volume of new projects launched for pre-sale, which occurred as construction levels reached a record high. In Q1-2019, a total of 3,073 new condominium apartments were sold across the Greater Toronto Area, declining 26% year-over-year and falling

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Tag: downtown toronto condos Toronto Buyers Are Buying Up Condos In All GTA Areas But Not In The 416 Area

© Jorge Vasconez Toronto Buyers Are Buying Up Condos In All GTA Areas But Not In The 416 Area   There’s a new report about Toronto Condo sales and it looks like business is booming — for some of us. Rent in Toronto is already expensive as it is, but condo sales outside downtown Toronto went up a whopping 77 percent this year. As of now, a 1-bedroom rental in Toronto goes for about $2,290 which is about 2.7 percent more than it was back in January, 2019. Condos in downtown Toronto go for about $1,291 per square foot, $894

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Tag: downtown toronto condos A Toronto Condo Is A Sound Long Term Investment

            A Toronto Condo Is A Sound Long Term Investment   Did you know 98% of homeowners continue to say that their most recent home purchase was for them to live in rather than as an investment to rent out? A home is the only investment you can live in while it grows in value.   Please check out this handy infograph below to discover more key statistics surrounding home ownership.     TREB created this infograph as a resource to give you a better understanding of how a home is a sound, long-term investment,

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Tag: downtown toronto condos Downtown Toronto Condos for Sale week March 31, 2019

Downtown Toronto Condos for Sale week March 31, 2019         For Buyers, Downtown Toronto Condos for Sale, Central Toronto   Are you thinking to buy your dream Condo in Downtown Toronto areas? Please click the image below or click Downtown Toronto Condos for Sale week March 31, 2019 link and see the available Downtown Toronto Condos For Sale.                               Downtown Toronto Condos for Sale week March 31, 2019   For Showing Appointments of available Condos for sale in Downtown Toronto areas, please call or text

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Tag: downtown toronto condos Happy New Year 2019

                                                            Happy New Year 2019 Congratulations Wish you all the best throughout Year 2019 Max Seal Team iPro Realty, Brokerage, Toronto  

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Tag: downtown toronto condos Toronto condo market price growth expected to slow down in 2019

          In the real estate obsessed Toronto region, 2018 was the year of the condo — again. Condo prices have been rising for the past three (3) years. The conditions that made it tougher to buy a house this year — tighter mortgage qualification rules, higher interest rates — contributed to strong demand for condos, which have emerged as the default first home choice and the obvious housing for the workforce that has flocked into  and some of the 905-area municipalities.   New construction condo prices (the category also includes stacked town homes) were up 12

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Tag: downtown toronto condos Toronto condo buyer could buy old condo for higher return in 2019

            Toronto condo buyer could buy old condo for higher return in the condo market in 2019.   What’s the best Toronto-area condominium investment you could have made in the past five years? Maybe a sweet deal on a presale that could be worth a lot more when it’s finally finished or perhaps you’re betting a brand new penthouse on King West is going to go up and up in value.   According to data compiled by Urbanation Inc., the best increases in valuation across condo land since 2012 were all in complexes built before

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Tag: downtown toronto condos Toronto Condo market set to level off in 2019

            The Toronto condo market is set to level off in the first quarter of 2018, but not before the average downtown price per square foot crosses the $1,000 threshold for pre-construction units, says Shaun Hildebrand, senior vice-president of real estate market research firm Urbanation.   Unsold condo inventory has already reached an average of $991 per sq. ft. and the average selling price for all new projects that were launched in the City of Toronto in the third quarter was $951 per sq. ft., he said. “I don’t think it will be long before

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Tag: downtown toronto condos 388 Yonge St, Toronto Condo, Yonge and Gerrard, 2+1 br, 3 w/r, Sold Price $2,905,000

downtown tornto         388 Yonge St, Toronto Condo, Yonge and Gerrard, 2+1 br, 3 w/r, Sold Price $2,905,000   Address: 388 Yonge St., Unit 7610,   Main Intersection: Yonge St. and Gerrard St. W.   Asking price: $2,999,000   Selling price: $2,905,000   Previous selling price: N/A   Area: approx 3,055 sq. ft.   Parking: 2 owned underground spaces + 1 owned locker   Maintenance fees: $2,200 / month   Realty Taxes: $16,097 (2017)   Bedrooms: 2 + 1   Bathrooms: 3   Sold: March, 2018                      

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