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Greater Toronto REALTORS® reported 87,308 MLS® transactions in 2009 – a 17 per cent increase over 2008. This result included 5,541 sales in December. The 2009 result was in line with the healthy levels of sales experienced between 2004 and 2006, but lower than the record of 93,193 set in 2007. “After a slow start to the year, existing home sales rebounded during the second half of 2009,” said TREB President Tom Lebour. “As consumer confidence improved, many households moved to take advantage of affordable home ownership opportunities in the GTA. The strong residential real estate sector was a key contributor to overall economic recovery in Canada.” The average home price in 2009 climbed four per cent to $395,460. The average price for December transactions was $411,931. “Market conditions became very tight in the latter half of 2009. Sales climbed strongly relative to the number of homes listed for sale, resulting in robust price growth that more than offset average price declines in the winter,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. “A greater supply of listings in 2010 will see home prices grow at a sustainable pace.” Summary Of December Sales And Average Price December 2009 2008 : Sales Average Price Sales Average Price City of Toronto ("416") 2,403 $441,607 1,105 $387,482 Rest of GTA ("905") 3,138 $389,205 1,472 $341,847 GTA 5,541 $411,931 2,577 $361,415 Source: Toronto Real Estate Board Greater Toronto REALTORS® are passionate about their work. They adhere to a strict Code of Ethics and share a state-of-the-art Multiple Listing Service. Serving over 29,000 Members in the Greater Toronto Area, the Toronto Real Estate Board is Canada’s largest real estate board. Greater Toronto Area open house listings are now available on www.TorontoRealEstateBoard.com. - - Courtesy of the Toronto Real Estate Board
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Comfortable Cosy Living!
• 1,355 sq. ft., 2 bath, 2 bdrm single story - $134,499 CAD - Priced to Sell! Sandy Cove Acres, Innisfil - Comfortable cosy and affordable living at Sandy Cove Acres Ontario's Premiere Adult Lifestyle Community
Well established retirement community less than a mile from the shores of sunny Lake Simcoe!
This 1300 + sq.ft. "Monaco II" home as the space and the conveniences desired in 1 floor bungalow living. The spacious foyer opens to a spacious open concept living / dining room, drenched with cheery sunlight from the large fron bay window.
The spacious U shaped kitchen features an amazing amount of cupboard and counter space, double stainless steek sink, built in dishwasher, and gas range. There's plenty of room to work for 2 at a time, and a pleasant window over the sink overlooking the deck and shady back yard.
A step down to the all season sunroom/family room adds an extra comfortable space for casual relaxing, watching TV or "Surfing the Net" Or just gaze out the large windows upon the shady treed back yard and do a little birdwatching.
You'll enjoy the patio door walkout from the family room to the large wood deck for those backyard barbeuqes and summer parties,
The Master bedroom is a very decent size with room for a King or Queen sized bed, a walk in closet (with access to an additional storage closet complete with interior and exterior door!) plus a convenient 3 piece bath (shower stall) /ensuite laundry room combination.
The 2nd bedroom/ den makes a great guest room or home office, complete with large window and generous closet.
The main family bath is a full 4 pieces, including a large vanity, and jet tub/shower combination.
Living at Sandy Cove Acres is easy! There are numerous recreational opportunities, social clubs to numerous to mention, and excellent community facilities. Join in if you want or just live in peaceful comfort...It's up to you! We're sure you'll enjoy it! Property information
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HOME SWEET HOME...HOW MUCH IS IT WORTH? Countless Canadians check their stock and mutual fund portfolios every day....on line, in print and on TV. But they fail to take stock of an even weightier investment: their home! Are you amoung the 95 % of Canadians who are unaware of the market value of their home? A Comparative Market Analysis done by a Real Estate Professional can bring you up to speed. As the name suggests, a CMA compares your house with similar one's on the market in you neighbourhood during a specified time period. This data, combined with upgrades, will give you an accurate picture of of what your home is worth. Remember however, your personalized CMA is a "snapshot" captured in time, and the estate market constantly fluctuates, therefore it's a good idea to have one done annually. The CMA is the only market based means of measuring value. When buying, selling or refinancing, a CMA is essential in setting price and choosing advantageous timing. Still there are numerous other reasons to run a CMA - to gain a realistic picuture of your net worth, or to leverage your equity, or obtain adequte insurance. Speak to your Real Estate Professional today.
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You’re about to make an offer on a home. Then, to your despair, you find out that three other offers have also come in for the same property. Be careful. It’s all too easy to get swept up in the excitement and, like a hand raised one too many times at an auction, end up paying more for the home than you had intended — or can afford. Working with a good REALTOR® willincrease the odds of getting the home at a price that’s right for you.
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You see a home on the market that you like. Should you buy it? Before you make an offer, it’s a good idea to get a sense of the property’s long-term potential. After all, a property is not just a potential home, it’s also an important investment. Here are some things to look for when viewing homes on the market: • Is the area’s average income increasing? The more affluent a neighborhood becomes, the higher the property values. • Are employment opportunities growing nearby? If jobs are leaving the area, housing prices will likely decline. • Are there any nearby housing or community developments that will enhance the quality of life in the area? If a park with a quiet walking trail, or a prestigious golf course, is being built nearby, the value of the neighbourhood will increase. • Is the crime rate on the rise or decline? This can have a significant impact on future property values. • Are there public transit lines located nearby? Studies show that housing prices increase in areas where public transit is close and convenient. • Is the property located in a neighborhood dominated by higher priced homes? • Does the property have features that will always be valued by home buyers, such as a large kitchen, spacious backyard, and professionally finished basement? • Are there short-term negatives about the area that will eventually disappear, such as loud construction projects? Once those negatives are gone, house prices will often jump. Need help finding the right home for you? Call today. Not intended to cause or induce the breach of, cancellation of, assignment of, or to interfere in any way with the existing agency agreement of another Realtor. Used under licence from Morris Real Estate Marketing.
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Superb Executive Home!
• 2,503 sq. ft., 4 bath, 4 bdrm 2 story "Super "Curb Appeal"" -  MLS® $409,900 CAD - Excellent Value! Springdale, Brampton - SUPERB home in popular Springdale neighbourhood!
"National Homes" built Norwood model, 2503 sq.ft. (Per builders plans) of sensational family home, beautifully cared for with loads of upgrades and features galore!
Professional style landscaped premium 45 ft wide lot, with double drive and double garage, covered front porch. The double door entry leads you through the spacious foyer past the elegant living / dining room, featuring large picture windows and light stained oak hardwood floors (the genuine article). Past the oak staircase you'll come to the very spacious main floor family room, complete with gas fireplace, hardwood floors and loads of light from numerous windows.
Adjacent the family room is the very roomy breakfast area and the beautiful custom upgraded kitchen! The kitchen features cherry stained wood cabinets, granite look counter top, built in appliances, pull out pot drawers, double stainless steel sink, and built in stainless steel gas cook top, convection wall oven, microwave oven and dishwasher!
A convenient main floor laundry features direct access to the full size double garage.
Up the oak staircase you'll find a large central hallway, complete with computer nook! Off this hall is a very spacious master suite, with "Hers" walk in closet, 2nd "His" closet, and a luxurious 4 piece bath, featuring a separate shower stall and Jacuzzi tub!
You'll note how large the 3 other bedrooms are, all with walk in or wall to wall closets!
A major bonus is the fully finished basement recreation room, complete with 4 piece bath, and fully equipped 2nd kitchen! The lounge area is the perfect place to play and relax, with gas fireplace! Highlights include 2 storage rooms, hardwood look laminate floors, and cold room.
We're sure you'll be impressed at this superb home and be proud to call it yours!
ACT NOW!!!
Property information
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Heart Lake / Fletchers Meadow, Brampton - The 2 story at 32 Sprucedale Court has been sold. Property information
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September 4, 2008 -- The Greater Toronto resale housing market closed out the last full month of summer at a steady pace, Toronto Real Estate Board President Maureen O’Neill reported today. The Greater Toronto Area (GTA) average price increased one per cent, to $364,886 when compared to last August’s figure of $361,890. Compared to the $338,192 figure recorded two years ago though, the average GTA has increased eight per cent. In the City of Toronto the average price declined one per cent to $377,990 from last August’s $381,681. Compared to the August 2006 figure of $344,419 however, the average price in the City of Toronto has increased 10 per cent. In the 905 Region the average price increased two per cent to $356,657 from last August’s $348,563. Compared to the August 2006 figure of $334,245 the average price in the 905 Region has increased seven per cent. “These healthy figures substantiate that when undertaken as a long term investment, buying a home is one of the smartest financial moves you can make,” said Ms. O’Neill. With 6,318 transactions recorded last month, sales in the GTA declined 22 per cent compared to the record August 2007 figure of 8,059. Volumes were off just nine per cent however, from the 6,976 sales recorded in August 2006. In the City of Toronto, there were 2,437 sales in August, a 25 per cent decline from the 3,243 transactions recorded a year ago. Compared to the 2,706 sales recorded in August 2006 though, this represents a 10 per cent decline. Sales increased 20 per cent between August 2006 and August 2007. The 905 Region’s 3,881 sales last month were 19 per cent off the August 2007 figure of 4,816 but declined nine per cent from two years ago, when 4,270 sales were recorded. “Despite August’s moderate sales, the 57,364 transactions that have occurred this year are within 14 per cent of the 67,146 figure recorded a year ago,” said Ms. O’Neill. “In light of the fact that 2007 was a record year, our current market can certainly be characterized as stable.” There are currently 25,076, properties available for sale in the GTA, which represents a 31 per cent increase from the 19,145 active listings a year ago. Increased choice has resulted in properties remaining on the market for an average of 36 days compared to 33 days a year ago. Several neighbourhoods throughout the GTA experienced increased sales activity last month compared to August 2007. In Pickering (E13) transactions rose six per cent based primarily on strong semi-detached home sales. In Halton Hills (W27) strong attached/row house sales activity lead to a three per cent increase in transactions overall. Condominium apartment and detached home transactions drove Rosedale (C09) to an 81 per cent increase in overall sales. Detached home transactions also contributed to an 11 per cent overall increase in sales in Aurora (N06).
09/04/08
Note to users: Although TREB endeavours to ensure the accuracy and timeliness of information, it is not guaranteed. TREB accepts no responsibility for any loss arising from any use or reliance on the information contained herein. All information on this site is copyright © 2008 Toronto Real Estate Board. All rights reserved.
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July 4, 2008 -- The trend toward more balanced market conditions continued in June with 8,600 properties changing hands, Toronto Real Estate Board President Maureen O’Neill announced today. It is important to note that in this release you will also find market numbers specific to the resale housing activity in 2006 and 2007. This comparison is provided to help present a more accurate perspective of the resale housing market of 2008. At $395,866, the Greater Toronto Area average price for last month increased by four per cent compared to June 2007 when it was $381,963. The City of Toronto’s average price of $433,082 last month increased three per cent from $421,139 in June 2007. In the 905 Region, last month’s average was $370,559, an increase of four per cent, from $355,240 in June 2007. In the first two quarters of 2008, the average GTA price increased four per cent to $390,054 from $373,719 during the same time period in 2007, and up 9 per cent from the $356,977 recorded in the same period in 2006. In the City of Toronto, the average price in 2008 increased four per cent to $427,198 from $411,530 in 2007, and up 10 per cent from $389,313 during the same period in 2006. In the 905 Region the increase was five per cent to $365,536 from $347,852 a year ago, up 9 per cent from
$334,220 in 2006. “Although June 2008 sales in the Greater Toronto Area (GTA) have declined 18 per cent to 8,600 from the June 2007 total of 10,451, June 2007 was the best performance ever for that month,” said Ms. O’Neill. “This year we’re seeing a return to calmer conditions but the market remains healthy. When compared to the 8,730 transactions in June 2006, GTA sales activity in June 2008 decreased by only one per cent.” Record month June 2007 saw a 20 per cent increase over June 2006. In the City of Toronto there were 3,481 transactions last month, a decline of 18 per cent from June 2007 with 4,238 sales but down 4 per cent over the 3,641 transactions in June 2006. When you compare record month June 2007 with June 2006, a period before the Toronto Land Transfer Tax went into effect, sales increased 16 per cent. The 905 Region experienced an equivalent decline of 18 per cent, with 5,119 sales last month compared to 6,213 transactions in June 2007 but a one per cent increase over the 5089 properties sold in June 2006. When you compare record month June 2007 with June 2006, sales in the 905
Region increased by 22 per cent. In the first two quarters of 2008, GTA sales declined 14 per cent to 43,685 transactions from 50,648 during the same time a year ago and down five per cent from the 45,797 recorded in the same period in 2006. When you compare the first two quarters of 2007 with the same period in 2006, GTA sales increased by 11 per cent. In the City of Toronto, sales for the first two quarters declined 15 per cent to 17,370 from 20,574 in 2007 and down 8 per cent from 18,917 in 2006. In the 905 Region sales declined 12 per cent to 26,315 from 30,074 in 2007 and down 2 per cent from 26,880 in 2006. However, when you compare the first two quarters of 2007 with the same period in 2006, sales increased by 9 per cent in the City of Toronto and by 12 per cent in the 905 Region. “The increase in listings we have seen in recent months has resulted in a slightly longer period during which homes are on the market, from 29 days a year ago to 34 days currently,” said Ms. O’Neill. “This has given buyers and sellers a little more time to make well-considered decisions.” In certain pockets however, the pace of sales remained brisk this June. Brooklin (E19) experienced a 35 per cent increase in overall sales based on strong detached home transactions. Burlington (W25) saw a 65 per cent increase in activity, driven by detached home transactions and even more robust attached/row house sales.
In Downtown East (C08), activity was up four per cent due to attached/row house and condominium apartment sales. “We expect to see balanced market conditions continue in the coming months,” said Ms. O’Neill. “When you look at it from a long-term perspective real estate invariably provides stable returns.” Go to complete copy of TREB’s Market Watch Report.
07/04/08
Note to users: Although TREB endeavours to ensure the accuracy and timeliness of information, it is not guaranteed. TREB accepts no responsibility for any loss arising from any use or reliance on the information contained herein. All information on this site is copyright © 2008 Toronto Real Estate Board. All rights reserved.
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Heart Lake / Fletchers Meadow, Brampton - The 2 story at 26 Mitchell Ave. has been sold. Property information
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Heart Lake / Fletchers Meadow, Brampton - The 2 story at 12 Sprucedale Crt. has been sold. Property information
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Heart Lake / Fletchers Meadow, Brampton - The 2 story at 7 Reynier Dr. has been sold. Property information
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Heart Lake / Fletchers Meadow, Brampton - The 2 story at 64 Sutter Ave. has been sold. Property information
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