Toronto Residential Realtors. Service Beyond The Status Quo
Happy Thanksgiving! I hope you are enjoying the fall colours. Toronto’s September real estate results continued the 3-month trend of increasing sales and prices compared to the respective months last year. (You will need to download images to the see the table). The condo market saw a significant increase in new listings as the freehold […]
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As outlined in the June, July and August newsletters, supply continues to be low despite strong consumer interest. Toronto’s August 2020 real estate sales were considerably stronger than a year ago as pent up post- lockdown consumer demand and low interest rates resulted in higher sales and prices compared to August 2019. The table below (you will need to download […]
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Last month, I reviewed 30 Toronto condos to adjust the maintenance fee per square foot/month in order to make an apples-to-apples comparison. The average came to be $0.64 per sf/mth. This month, we’ll take a closer look of the operating costs and complete the maintenance fee trilogy next month with a closer look at the reserve […]
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Condos sales now make up more than half of Toronto’s resale transactions. I believe that there would be even more condos sold if not for monthly maintenance fees which are a detraction for owners of freehold properties who would otherwise happily downsize. One metric buyers use when comparing condos is the monthly maintenance fee per square […]
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