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Urbaneer News

// June 2018

79

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Savouring Summer In The Six

Summer 2018 has now officially started in Toronto, bringing some substantial heat! It’s an interesting time in Toronto real estate, with new influences emerging for both the economy and the housing market: the possibility of trade wars and sky high tariffs, a brand new premiere and provincial government, and possible fallout from the Trudeau-led G7 Summit. Will the shift in the economy, change in leadership, or tension on the world stage impact sale prices, housing stock, or interest rates?

Only time will tell, but it’s a good reminder to stay true to the fundamentals of real estate. Buy and hold for the long term and subscribe to the mantra of “location, location, location”! Meanwhile – forget your troubles, grab a beer and a lawn chair, and enjoy the summer sun!!

 

HomeWatch News: How to Calculate Your Magic Number In A Bidding War

Although the Toronto real estate market has transitioned from the insanity of our spring market - where values spiked 33% higher than they had a year earlier - the movement of real estate in the central core of the City remains buoyant. What's interesting to me - is that while prices have dropped by upwards of 20% since that peak - which I documented in last August post called The Wackadoodle Toronto Real Estate Market - the continued presence of Bidding Wars and Bully Offers remains part of our real estate landscape. First, allow me to explain what Bidding Wars and Bully Offers are.
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Blog Posts

Dear Urbaneer: Why is Home Staging so Important when Selling Real Estate?

With the evolution of design media, a baseline for what a home “should” look like has been set. As a Seller, you need to present your home in an attractive package, but you also need to forge that intangible emotional connection with a home that will ultimately provide the impetus for prospective Buyers to pay top dollar...

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June 2018 - Home of the Month - Bloor Dundas

This month’s real estate buy shares the journey of a single professional first-time Buyer who wanted to secure the coveted 2bed 2bath sun-filled condominium with parking, locker and reasonable common fees on the west side of the original City of Toronto for up to $750,000. Setting a search parameter from Bathurst Street west to High Park and from Lake Ontario north to St. Clair West...

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Urbaneer’s Spring/Summer 2018 Toronto Real Estate Forecast: Part One

In Part One I’m going to review some of the recent press about Toronto real estate and consider the journey that the market has taken over the last year to help determine where it's going next. Reflection informs projection! I’m also going to look at and the ongoing role of Government in affordability and influence on purchasing power and housing prices...

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Urbaneer’s Summer 2018 Toronto Real Estate Forecast: Part Two

In this segment, I'm going to dive deeply into the supply dilemma that is propelling prices, how Buyers and Sellers are adapting their views on value in a changing market after the government interventions last year and with changing interest rates, how the Bank of Mom and Dad continues to contribute to price appreciation...

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Latest Listings

A Live/Work Brownstone On The Danforth:

Offered at $1,189,000

Detached but abutting its neighbours, this two-storey dynamic property underwent a significant renovation with permits in 2014, transforming it into a 3bed residence. In its current residential configuration, one enters from Danforth Avenue into an open plan Kitchen/Diner. Awash in light from north-facing windows, this is the perfect space to gather family and friends for a communal meal or an intimate meeting...

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A Cool Concrete N’ Glass Loft Near Queen East & Broadview:

Offered at $899,900

Crossing the threshold, you're greeted with a bright, open floor plan. Thanks to two cinema-worthy walls of glass, this pad welcomes in sunlight on two exposures- one of which connects to a balcony beyond. The polished concrete floors reflect that sunlight, illuminating the entire space and emphasizing the richness of colour of the age-worn industrial features. In contrast to those elements, the modern kitchen makes a contemporary statement, boasting sleek dark wood cabinetry, stainless steel appliances, an ample breakfast bar. The living/dining zone  is sizeable enough to offer various possibilities for configuration...

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At urbaneer.com, we pro-actively position properties, relying on our deep skill set. With a multi-disciplinary education on housing, over twenty years of real estate sales, and a commitment to service, consider making urbaneer.com your realtor of choice! Call us for hassle-free pressure-free guidance at 416-322-8000. We're here to earn your trust, then your business.

Steven Fudge, Sales Representative
Bosley Real Estate Ltd., Brokerage

 

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Bosley Real Estate Ltd., Brokerage, 290 Merton Street, Toronto, ON Canada, M4S 1P9
Tel: (416) 322-8000