Archive for November, 2010
Steps to all amenities … Parks, Shopping, Transit and Restaurants This Minto Building is completely GREEN 305-1048 Broadview Avenue, Toronto, ON, M4K2B8
This terrific brand new 1 Bed / 1 Bath Suite with Terrace… is complete with tasteful upgrades and has all that one needs. 630 Sq. Ft. with 20′ Terrace, Stainless Steel Kitchen Appliances, Granite Counters, Espresso coloured Cabinets, Upgraded flooring, Designer Washroom, Floor To ceiling Windows, Security System Ensuite.
Skyy Building Amenities Include …Spacious Common Lounge Party room with adjoining BBQ Terrace Overlooking the City, Gymnasium – Workout Room, Yoga – Dancercise Room, Sauna, Guest Parking and Concierge.
- Stainless Steel; Fridge Stove, Dishwasher and Microwave
- Washer and Dryer … never been used
- Granite Counter Tops
- Rich Espresso Coloured Cabinets
- Custom Ceramic Back Splash
- Designer Wash Basin in Bathroom
- Granite Bathroom Counter
- Upgraded Flooring in Bedroom
- Designer Sliding Doors to Bedroom
- Lots of Closet Space
- Floor to Ceiling Windows
- Window Coverings Included
- Security System in Suite
- Larger 20’ Terrace
- 630 Total Square Feet
- One Parking & Locker Included
- East Exposure
- Visit www.305Skyy.com for more information … thank you … Jim
November 3, 2010 — Greater Toronto REALTORS® reported 6,681 sales through the Multiple Listing Service® (MLS®) in October 2010. This represented a decrease compared to the 8,476 sales recorded in October 2009. (A very healthy period) Through the first ten months of the year, sales amounted to 75,582 – up one per cent compared to the January through October period in 2009.
“The annual change in sales and average selling prices has been quite uniform across the GTA and by property type as the market has balanced out from record levels of sales in the second half of 2009 and first few months of 2010,” said Toronto Real Estate Board (TREB) President Bill Johnston.
“The composition of GTA home sales does differ depending on location. Condominium apartments accounted for 42 per cent of total sales in the City of Toronto and almost 60 per cent of sales in TREB’s central districts,” Johnston continued. “In regions surrounding the City of Toronto, in contrast, low rise home types accounted for almost 90 per cent of transactions.”
The average price for October transactions was $443,729 – up five per cent compared to the average of $423,559 reported in October 2009. The average selling price through the first nine months of the year was $430,802.
“The average selling price in the GTA has continued to grow relative to 2009 because home ownership has remained affordable,” said Jason Mercer, the Toronto Real Estate Board’s Senior Manager of Market Analysis. “A household earning the average income in the GTA can comfortably afford the mortgage payments associated with the purchase of an average priced home.”
“The outlook for mortgage rates and income growth over the next year is favorable. The average home selling price could increase moderately next year and remain affordable for the average GTA household,” continued Mercer.
There are numerous buyers who are quite prepared to participate in multiple offers for the right home. Good homes are still selling for very good prices. The centre core of OurHomeToronto continues to be an excellent investment.
Buying or Selling … Call on our Services for a Search or Opinion of Value;