TORONTO CONDO REAL ESTATE MARKET

LAGO CONDOS

56 ANNIE CRAIG DRIVE

Posted on Oct 18, 2019 in Building Reviews

The Lago is located in Humber Bay Shores in Etobicoke. It is 50 storeys tall with 448 units. It was completed in 2017 as one of the newest buildings in the area.We looked at a one-bedroom unit on a low floor with balcony and parking but no locker. It sold in 2017 as an Assignment for $340,000. It sold again in 2019 for $468,000 – an increase of 37...

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Condo Market Report October/November 2019

Posted on Oct 18, 2019 in Market Report

SALES COMMENTARY


GTA Year-Over-Year Summary for September 2019
September was another solid month for sales, which clearly confirmed the upward market direction of this market. Sales were 22% higher than for September of last year. But this number is also slightly below the peak September years of 2016 and 2015. We continue to look at Listings as a future indicator. ‘New’ Listings for the month...

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PINNACLE CENTRE

12 YONGE STREET

Posted on Sep 26, 2019 in Building Reviews

Pinnacle Centre consists of four towers. It has a prime location between Scotia Centre and the waterfront. Amenities include a 70 ft indoor pool, whirlpool and sauna It even has an outdoor tennis court. We selected the 12 Yonge St. building.

The first unit we tracked was a one-bedroom with locker, 9 ft ceilings, and open balcony on a high floor faci...

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Condo Market Report September/October 2019

Posted on Sep 26, 2019 in Market Report

SALES COMMENTARY


GTA Year-Over-Year Summary for July 2019

TREB reported 7,711 sales for August. We would describe this number as a return to more ‘normalized’ sales levels. See our Table below for August sales over the past seven years. While sales were lower than July, this is in-line with seasonal sales figures. We would also expect that September sales would be slightly lower again, bef...

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