Toronto, ON Real Estate News

By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Toronto Real Estate Market Statistics for resale homes and condominium listings on the Toronto Real Estate Board MLS for the period ending November 2007.Toronto Real Estate: Sold Over Asking Ratio, The Beach E02Novembers sold over asking ratio was 45.68% of the homes sold were over the asking price and the average over asking ratio for the past 12 months is 50.18%.The information above can be broken down into individual neighbourhoods and streets. If you are considering selling your Toronto home please e-mail or call for a free market evaluation.Steven Campbell, Sales RepresentativeColdwell Banker Terrequity Realty., Brokeragewww.stevencampbell.cawww.eastyorktorontorealestate.com*Independently Owned and Operatated.**Not Intendend to Solicit Anyone Currently Under Agency Agreement. Subsc...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Toronto Real Estate Market Statistics for resale homes and condominium listings on the Toronto Real Estate Board MLS for the period ending November 2007.Toronto Real Estate: Average Days on Market The Beach E02Novembers average days on market was 19.17 days and the average days on market for the past 12 months is 18.01The information above can be broken down into individual neighbourhoods and streets. If you are considering selling your Toronto home please e-mail or call for a free market evaluation.Steven Campbell, Sales RepresentativeColdwell Banker Terrequity Realty., Brokeragewww.stevencampbell.cawww.eastyorktorontorealestate.com*Independently Owned and Operatated.**Not Intendend to Solicit Anyone Currently Under Agency Agreement. Subscribe to Toronto Real Estate | Condos | Listings...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Toronto Real Estate Market Statistics for resale homes and condominium listings on the Toronto Real Estate Board MLS for the period ending November 2007. Toronto Real Estate: Units Sold The Beach E02Novembers number of units sold was 81 and the number of units sold for the past 12 months is 1002.The information above can be broken down into individual neighbourhoods and streets. If you are considering selling your Toronto home please e-mail or call for a free market evaluation.Steven Campbell, Sales RepresentativeColdwell Banker Terrequity Realty., Brokeragewww.stevencampbell.cawww.eastyorktorontorealestate.com*Independently Owned and Operatated.**Not Intendend to Solicit Anyone Currently Under Agency Agreement. Subscribe to Toronto Real Estate | Condos | Listings by Email Loading...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Toronto Real Estate Market Statistics for resale homes and condominium listings on the Toronto Real Estate Board MLS for the period ending November 2007.Toronto Real Estate: Selling/Asking Ratio The Beach E02Novembers selling/asking ratio was 102.04% of the Asking price and the average selling/asking ratio for the past 12 months is 102.12%.The information above can be broken down into individual neighbourhoods and streets. If you are considering selling your Toronto home please e-mail or call for a free market evaluation.Steven Campbell, Sales RepresentativeColdwell Banker Terrequity Realty., Brokeragewww.stevencampbell.cawww.eastyorktorontorealestate.com*Independently Owned and Operatated.**Not Intendend to Solicit Anyone Currently Under Agency Agreement. Subscribe to Toronto Real Esta...
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By Blair Anderson
(Anderson Associates Mortgage Brokers)
On October 22, 2007, Toronto City Council approved a new land transfer tax, which takes effect on February 1, 2008 at the following rates: One-half of 1 percent of the value of the consideration for the conveyance, up to and including $55,000. 1 percent of the value of the consideration which exceeds $55,000, up to and including $400,000. 1.5 percent of the value of the consideration which exceeds $400,000, up to and including $40 million. 1 percent of the value of the consideration which exceeds $40 million; and notwithstanding (3.) and (4.), 2 percent of the value of the consideration for the conveyance which exceeds $400,000, if the conveyance is a conveyancy of land that contains at least one and not more than two single family residences. The first bank to respond (November 19, 200...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Toronto Real Estate Market Statistics for resale homes and condominium listings on the Toronto Real Estate Board MLS for the period ending November 2007.Average Days on Market Willowdale, C15Novembers average days on market was 27.72 days and the average days on market for the past 12 months is 30.78The information above can be broken down into individual neighbourhoods and streets. If you are considering selling your Toronto home please e-mail or call for a free market evaluation.Steven Campbell, Sales RepresentativeColdwell Banker Terrequity Realty., Brokeragewww.stevencampbell.cawww.eastyorktorontorealestate.com*Independently Owned and Operatated.**Not Intendend to Solicit Anyone Currently Under Agency Agreement. Subscribe to Toronto Real Estate | Condos | Listings by Email Loading...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Toronto Real Estate Market Statistics for resale homes and condominium listings on the Toronto Real Estate Board MLS for the period ending November 2007Average Selling Price Willowdale C15Novembers average selling price was $351,000.00 and the average selling price for the past 12 months is $324,533.33The information above can be broken down into individual neighbourhoods and streets. If you are considering selling your Toronto home please e-mail or call for a free market evaluation.Steven Campbell, Sales RepresentativeColdwell Banker Terrequity Realty., Brokeragewww.sellwithsteven.comwww.eastyorktorontorealestate.com*Independently Owned and Operatated.**Not Intendend to Solicit Anyone Currently Under Agency Agreement. Subscribe to Toronto Real Estate | Condos | Listings by Email Loadin...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Toronto Real Estate Market Statistics for resale homes and condominium listings on the Toronto Real Estate Board MLS for the period ending November 2007.Selling/Asking Ratio Willowdale C15Novembers selling/asking ratio was 101.96% of the Asking price and the average selling/asking ratio for the past 12 months is 100.50%.The information above can be broken down into individual neighbourhoods and streets. If you are considering selling your Toronto home please e-mail or call for a free market evaluation.Steven Campbell, Sales RepresentativeColdwell Banker Terrequity Realty., Brokeragewww.stevencampbell.cawww.eastyorktorontorealestate.com*Independently Owned and Operatated.**Not Intendend to Solicit Anyone Currently Under Agency Agreement. Subscribe to Toronto Real Estate | Condos | Listin...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Toronto Real Estate Market Statistics for resale homes and condominium listings on the Toronto Real Estate Board MLS for the period ending November 2007. Units Sold Willowdale C-15Novembers number of units sold was 124 and the number of units sold for the past 12 months is 1602.The information above can be broken down into individual neighbourhoods and streets. If you are considering selling your Toronto home please e-mail or call for a free market evaluation.Steven Campbell, Sales RepresentativeColdwell Banker Terrequity Realty., Brokeragewww.stevencampbell.cawww.eastyorktorontorealestate.com*Independently Owned and Operatated.**Not Intendend to Solicit Anyone Currently Under Agency Agreement. Subscribe to Toronto Real Estate | Condos | Listings by Email Loading...
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By John Rossi
(RE/MAX West Realty Inc.,)
 If you are thinking of listing your  home in Toronto, now is a very good time.   The Toronto resale market is still going extremely well.   We still have a few more days left in the year to set some new records.  Why wait to list your home?  Does it make sense?  We know the market is moving and setting new records.  We don't know what the future will bring, we can only estimate.
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Toronto Real Estate Market Update for period ending November 2007Units Sold East York E-03Novembers number of units sold was 140 and the number of units sold for the past 12 months is 1573.The information above can be broken down into individual neighbourhoods and streets. If you are considering selling your Toronto home please e-mail or call for a free market evaluation.Steven Campbell, Sales RepresentativeColdwell Banker Terrequity Realty., Brokeragewww.stevencampbell.cawww.eastyorktorontorealestate.com*Independently Owned and Operatated.**Not Intendend to Solicit Anyone Currently Under Agency Agreement. Subscribe to Toronto Real Estate | Condos | Listings by Email Loading...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Toronto Real Estate Market Update for period ending November 2007Sold Over Asking Ratio East York E-03Novembers sold over asking ratio was 45.71% of the homes sold were over the asking price and the average over asking ratio for the past 12 months is 36.05%.The information above can be broken down into individual neighbourhoods and streets. If you are considering selling your Toronto home please e-mail or call for a free market evaluation.Steven Campbell, Sales RepresentativeColdwell Banker Terrequity Realty., Brokeragewww.stevencampbell.cawww.eastyorktorontorealestate.com*Independently Owned and Operatated.**Not Intendend to Solicit Anyone Currently Under Agency Agreement. Subscribe to Toronto Real Estate | Condos | Listings by Email Loading...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Toronto Real Estate Market Update for period ending November 2007Selling/Asking Ratio East York E-03Novembers selling/asking ratio was 101.96% of the Asking price and the average selling/asking ratio for the past 12 months is 100.50%.The information above can be broken down into individual neighbourhoods and streets. If you are considering selling your Toronto home please e-mail or call for a free market evaluation.Steven Campbell, Sales RepresentativeColdwell Banker Terrequity Realty., Brokeragewww.stevencampbell.cawww.eastyorktorontorealestate.com*Independently Owned and Operatated.**Not Intendend to Solicit Anyone Currently Under Agency Agreement. Subscribe to Toronto Real Estate | Condos | Listings by Email Loading...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Toronto Real Estate Market Statistics for period ending November 2007November Average Selling Price East York E-03Novembers average selling price was $380,245.00 and the average selling price for the past 12 months is $355,070.00The information above can be broken down into individual neighbourhoods and streets. If you are considering selling your Toronto home please e-mail or call for a free market evaluation.Steven Campbell, Sales RepresentativeColdwell Banker Terrequity Realty., Brokeragewww.stevencampbell.cawww.eastyorktorontorealestate.com*Independently Owned and Operatated.**Not Intendend to Solicit Anyone Currently Under Agency Agreement. Subscribe to Toronto Real Estate | Condos | Listings by Email Loading...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Toronto Real Estate Market Update for period ending November 2007Average Days on Market East York E-03Novembers average days on market was 21.19 days and the average days on market for the past 12 months is 25.68The information above can be broken down into individual neighbourhoods and streets.  If you are considering selling your Toronto home please e-mail or call for a free market evaluation.Steven Campbell, Sales RepresentativeColdwell Banker Terrequity Realty., Brokeragewww.stevencampbell.cawww.eastyorktorontorealestate.com*Independently Owned and Operatated.**Not Intendend to Solicit Anyone Currently Under Agency Agreement. Subscribe to Toronto Real Estate | Condos | Listings by Email Loading...
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By Real Estate Kareer - Sara Kareer, CLHMS, This Kareer Helps You Build Real Estate Wealth
(Re/Max Realty One Inc., Brokerage)
Toronto Condominium:A big Thank-You to everyone who showed an interest in the Downtown Toronto Condominium located at Front and Spadina -- in the heart of Toronto.I am happy to report that this particular condo was sold on the weekend after just 7 days of being on the market!!SELLERS: Want similar results, contact me today!! BUYERS: There are many more Condos still available ...contact me today and I'll help you get the right  home, in the right  location, at the right  price! Sara Kareer(tel) 905-450-8300(toll-free) 1-888-450-8301(web) www.SaraKareer.com
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By Jarrett Hunter, Sales Representative
(Royal LePage)
Hi, my name is Jarrett Hunter and I am a downtown Toronto realtor with Royal LePage.  This is the market information for October 2007 for my area which is downtown Toronto – best defined as the area south of Bloor Street to the lake, west of the Don Valley Parkway and east of Dufferin Street. – I like to refer to it as “the Core.” Toronto Real Estate Board Members reported 7915 sales of single family dwellings in the GTA in October, a 15% increase over October of last year and makes it the biggest selling month of all time in the boards history! The downtown area had a total of 781 active listings with a total sales volume of 535. 407 of these were condominiums.The market still seems to be somewhat hot and the introduction of the new Toronto land transfer tax may push the numbers up to ...
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By Mark Savel
(Re/max Realtron Realty Inc., Brokerage)
One of the cost buyers should be aware of when purchasing real estate in Ontario is the Land Transfer Tax.  There are many helpful websites then can calculate the amount for you, but in this blog i'll show you a quick way to figure it out!The following applies for single family dwellings only (or no more than a duplex or not more than two single family residences)If the purchase price is under $55,000 - multiply amount by .005If the purchase price is over $55,000 - Multiply amount by .01 then subtract $275If the purchase price is over $250,000 - Multiply amount by .015 then subtract $1,525If the purchase price is over $400,000 - Multiply amount by .02 then subtract $3,525ExamplesLand Transfer Tax = ($25,000x .005) = $125.00Land Transfer Tax = ($220,000 x .01) minus $275 = $1,925.00Land ...
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By Jarrett Hunter, Sales Representative
(Royal LePage)
Toronto City Council has approved a new land transfer tax to be levied on top of the current provincial land transfer tax. There are now new rates for both residential properties and commercial properties.  For our purposes here, we will only discuss the new rates for residential. To see exactly how this new tax impacts you, please refer to the Land Transfer Tax calculator at http://www.nohomebuyingtax.com/.  The additional CIty of Toronto Land Transfer Tax is calculated as follows:0.5% of the amount of the purchase price up to and including $55,0001% of the amount of the purchase price between $55,000 and $400,0002% of the amount of the purchase price above $400,000This tax will take effect starting on February 1, 2008 but if your agreement is made on or before December 31, 2007 you wi...
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By Anthon Pang, Broker
(iPro Realty Ltd., Brokerage)
On the heels of Toronto city council's approval for a new municipal land transfer tax, there is (reported) increased activity amongst buyers in terms of (a) showings and (b) moving up closing dates to avoid the additional land transfer tax. (It remains to be seen how this will affect housing prices and sales, e.g., compared to the same period last year.) Exact implementation details of the controversial tax have not been released, but the basics are: Purchases on/before Dec 31, 2007 are exempt from the new LTT, regardless of closing date. Purchases signed after Dec 31, 2007 and closing before Feb 1, 2008 are also exempt. Purchases signed after Dec 31, 2007 and closing on/after Feb 1, 2008 are subject to the new tax. In addition, there will be a first-time home buyers rebate (patterned a...
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