ROYAL LEPAGE HOUSE PRICE SURVEY THIRD QUARTER 2015
Just Sold this condominium to my client, an interior designer who will renovate and decorate this very unique property. Purchased for $435,000 this 1,925 sq. ft 3 level condo was passed up by many buyers. But Maria and I saw the future value once renovated. Watch the before video and then, stay tuned for the finished suite in a couple of months.
TORONTO, October 14, 2015 Royal LePage, The Voice of Canadian Real Estate,
Record House Price Increases in The Toronto Market,
In the third quarter, Greater Toronto Area (GTA) home prices saw an aggregate year-over-year increase of 11.3 per cent across housing types surveyed, to a price of $612,261, while the price of a home in the City of Toronto climbed 11.2 per cent to $639,970. In a few cases, house prices in Toronto’s suburbs are outpacing those in central parts of the city. During the quarter, the median price of a standard two-storey home in Richmond Hill and Vaughan increased 18.6 per cent year-over-year to $963,561 and 18.0 per cent to $842,173, respectively, while the price in Toronto rose 17.1 per cent to $961,656.
For Sale: Interior Designers Renovated Town Home in Richmond Hill $498,000
Just Sold: Interior Designer's Own Masterpiece For Sale - $498,000
This beautiful town home in Richmond Hill was completely gutted and luxuriously renovated from top to bottom using quality materials. The homeowner who is an interior design took special care and it shows in the results. This custom renovation is well thought out, maximizing the space on all three floors. Style and sophistication are prevalent as soon as you open the door. The stunning open concept kitchen will delight any chef in addition to the Sky Terrace for barbecues. A one of a kind show home to suit anyone who appreciates good workmanship and custom design.
Are you curious what a condominium suite or home has sold for in a particular neighbourhood in Toronto? In my video series, I will provide you with a few sold prices of homes and condominiums, so you can decide if this is the neighbourhood where you would like to live.
Corso Italia, St. Clair Ave. W & Dufferin, Toronto
Thank You For Client Referrals
I would like to thank my clients for all their referrals.
I thank you for the trust you place in my service and knowledge of real estate.
It gives me great joy to work for a friend that you referred. I respect the time and effort you took to talk about your experience with the sale or purchase of your home and I will honor that with your referrals.
I will continue to dedicate myself to providing the highest standard of service always. To every one of my clients, I know you have a choice when selecting a Realtor and Brokerage. At Royal LePage we thank you for choosing us. After all, Helping you is what we do!
Buyer Inspection Of Property Video, No Wasting Your Time
As your buyer real estate agent, I inspect properties for you, But Now, I am excited to offer you my new "Pre- Inspect Property Video " which will save you even more valuable time. Once I consult with you in regards to your wish list for your new property purchase, I will visit potential properties and take a video of the home or condo, then quickly e-mail it to you for review. No more visiting properties that don't meet your expectations with ugly surprises. Please don't hesitate to contact me when ever you are ready to purchase your property.
How I Work For You To Achieve Your Real Estate Objectives
Toronto Home Sales & Prices 2015
Record Home Sales for October TORONTO,
November 5, 2015 – Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported 8,804 home sales through TREB’s MLS® System in October 2015. This is the best result on record for the month of October. “It is clear that many GTA households remain upbeat about home ownership. We will see a big, new record this year for home sales reported through TREB’s MLS® System,” said Mr. McLean. The MLS® Home Price Index (HPI) Composite Benchmark was up by 10.3 per cent year over year in October. Over the same period, the average selling price for all home types combined was up by 7.3 per cent to $630,876. Price growth continued to be driven by the low-rise market segments.
“Despite the record October result, I must point out that the Government of Ontario could hamper home sales in the near future. The Liberal Wynne government is seriously considering allowing municipalities throughout Ontario to institute a second land transfer tax on top of the existing provincial tax. Recent polling has shown that the great majority of Ontarians oppose this tax and would consider delaying a move if they were forced to bear the additional upfront cost,” added Mr. McLean. “Record sales coupled with a constrained supply of listings in many GTA neighbourhoods has underpinned very strong price growth throughout 2015. Even if we do see a greater supply of low-rise listings in the marketplace over the next year, market conditions will remain tight enough to see continued price growth well-above the rate of inflation,” said Jason Mercer, TREB’s Director of Market Analysis.
Click here for complete statistics http://communications3.torontomls.net/statistics/mwatch/2015/10/mw1510.pdf
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