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Daveto, to correct one of your points, sales are down in regards to detached at 7.6%, and prices for the same segment are up 2.7%. I think the number to pay attention to is the condo market. Sales, down 4.5% in 416, and prices only dropped 1.5%. Much better than the 20-30% decline we saw in...

Just received this from Urbanation about Q4 2012. RecORD HIGH LEVEL OF CONDOMINUM APARTMENT CONSTRUCTION STARTS IN 2012 Toronto developers commence building 24,388 units in 104 projects TORONTO – January 31, 2013: Urbanation Inc., the leading source of information and analysis on the...

@Hank I have no problem showing my clients listings that offer lower commissions. I make it very clear when a client signs a buyers agreement that my fee is 2.5%, and they have to cover any outstanding costs. I just showed my client a FSBO listing yesterday, after we drove by and saw an open...

Awful building! Very cheaply put together. A one bedroom should be 1350-1400 in that building. You are better off renting in liberty village for 1500.

cdr, I have at times told my clients of properties that weren't paying the full commission. I would say 95% of all listings offer 2.5%, but those that don't, like private listings or discount brokerages, and these are properties that I show to my clients if they want to. Before I show them I...

If you are not cooperating at 2.5% or at least close to that you will have a harder time attracting other agents to your property. Most buyers are under a contract, well at least mine are at 2.5%. If you are splitting that commission between the buyers/sellers agent then you are offering only...

Quite a good start, considering last January was good for both the condo and single family home segment. I think we should see the same condo numbers all the way until June, then sale/price increases in the second half. I am working with a buyer who is looking in Woodbridge right now, and...

Very similar to Museum House.

Ryan, I think there are different factors to consider when you are purchasing pre-construction. I would look at what the current market conditions are. I always like to be conservative so lets say 650 a square foot is what 88 Scott would sell for now. Again view, layout finishes, supply and...

10-15% would mean that prices would go back to what they sold for in the fall of 2011, which is what I expect. The spring market will be a good indicator which way the market swings.

I don't mind the entrance to the lobby but once you are inside it looks and feels unfinished. The common elements and design for every floor is absolutely atrocious. It feels very cheap both inside and out. Very disappointed with this building in such a great location. Don't get me started with...

Yes, I agree with Ric. 1600 is a good deal right now. I have seen sub 500 sqft condos in certain buildings rent for 1700 if not more. Rental rates have increased 10% at least this year.

I have seen at least a 10% increase yoy in regards to the rental market. On the other hand resale has slightly dropped from earlier this year. You probably will get 3-5% less for a condo now that sold earlier this year. Rental market is a good indication that many first time buyers who were on...

Hey Dan my clients were going to offer on that unit. It is a PH unit right? It was priced right on. Congrats on the quick sale. And yes the rental market is very strong. I have seen a 5-10% increase since the beginning of the year.

I would take a look at 1 bedroom plus dens which would allow more flexibility with your budget. Take a look at 19 Brant Street unit 302. It is 800 sq foot and well laid out. You won't find a building with maintenance fees of 50 cents anymore. Realistically with parking you will be averaging...

If your agent is suggesting to buy at 225 Wellesley than you should fire him/her.

I have had a few clients buy in this building and are very happy with it so far. If you need any assistance or have questions on specific units don't hesitate to contact me.

Officially registered as of today!!!

I have seen quite a spike already with the rental rates in the city this year. I would say it started last year slightly but this year I am seeing a significant jump in some units. Considering the condo re-sale market has slowed down this year over last. Yes supply and demand is a factor but...

I think it will be interesting to see how the rental market performs. Rental rates will increase because of this. Great for investors!