RealtyzoneBlog.com: May 2009

Great 3 bedroom home in a prime Etobicoke location. Situated minutes away from Islington Village, the Kingsway, Sherway Gardens and more. Click the link, or copy and paste into your browser address window: http://www.gtamoves.com/Toronto/Ontario/Homes/W08/Eatonville/Agent/Listing_2884161.html

Forest Hill.  Spadina/Eglinton, Toronto - You are invited to visit my open house at 401-800 Spadina Rd in Toronto Sunday May 24, 2009, from 2 p.m. to 4 p.m.

Come for a visit, it feels like home!

CLICK HERE FOR PROPERTY INFORMATION

Forest Hill.  Spadina/Eglinton, Toronto - You are invited to visit my open house at 401-800 Spadina Rd in Toronto Saturday May 23, 2009, from 2 p.m. to 4 p.m.

CLICK HERE FOR PROPERTY INFORMATION

Here are the end of April resale stats for Toronto & the GTA.  The May mid-month stats are posted on my website, www.gtamoves.com or www.vitopirri.com .

Greater Toronto REALTORS® report 8,107 Resales in April.

Toronto, May 6, 2009 -  In April 2009, Greater Toronto REALTORS® reported 8,107 sales - down seven percent from April 2008.  Wile April sales remained lower than last year, the resale housing market gained momentum on a month-over-month basis.  The seasonally adjusted annual rate of sales in April, at 80,900, was up 26 per cent from March and up two-thirds compared to January's ten-year low.

"Conditions in the resale housing market have improved markedly this spring," according to TREB  President Maureen O'Neill.  "Home purchases have increased as household have taken advantage of low interest rates and slight lower home prices."

The average price for April transactions was $385,641 - down three per cent from last year.

"The rate of average price decline continued to diminish last month.  This is due in large part to a tightening in the resale market," stated Jason Mercer, TREB's Senior Manager of Market Analysis.  "The level of sales relative to new listings increased in April."

Summary of April Sales and Average Price 2009 -2008

City of Toronto ("416"):  2009 Sales = 3,222     Avg Price = $421,470          2008 Sales = 3,467     Avg Price = $446,781

 

GTA:  2009 Sales = 8,107     Avg Price = $385,641          2008 Sales = 8,762     Avg Price = $398,687

 

Rest of GTA ("905"):  2009 Sales = 4,885     Avg Price = $362,009          2008 Sales = 5,295     Avg Price = $370,274

Remember I posted the above about a month ago?  It was a power of sale property.  I confirmed, that it did indeed receive 22 offers and it was conditionally sold.  The property was located on Escobar Crescent in Mississauga. 

It appears the deal has fallen through as it is for sale again.  However, there was so much interest at the list price of $299,000.00, that the price has now been increased to $329,000.00.  It will be interesting to see what happens now.

If you would like to see the listing on STRATUS or realtor.ca, the MLS number is W1588447.

You're invited to vist my open house at the address listed above.  For more information, click the more information link below the picture.

Spadina/Eglinton, Toronto - You are invited to visit my open house at 401-800 Spadina Rd in Toronto today, May 18, 2009, from 2 p.m. to 4 p.m.

CLICK HERE FOR PROPERTY INFORMATION

 

Spadina/Eglinton, Toronto - You are invited to visit my open house at 401-800 Spadina Rd in Toronto on Saturday May 23, 2009, from 2 p.m. to 4 p.m.

CLICK HERE FOR PROPERTY INFORMATION

 

Spadina/Eglinton, Toronto - You are invited to visit my open house at 401-800 Spadina Rd in Toronto today, May 16, 2009, from 2 p.m. to 4 p.m.

CLICK HERE FOR PROPERTY INFORMATION

CLICK HERE FOR VIRTUAL TOUR

Details: 800 Spadina Rd., Suite 401 Type: Condominium Style: Apartment Bedrooms: 2 Bathrooms: 1 "Four Piece" Garage: One underground parking spot.  Price:  $275,000.00  Taxes: $2,004.00 (2008) Condo Fees: $560.00 MLS®: C1623012

Description:  Shane Baghai Boutique Condo. Great for young professionals just starting out. Open concept split bedroom plan. Hardwood floors in the Living and Dining rooms. Granite flooring in the Bathroom, Foyer and Kitchen. Crown mouldings, mirrored backsplash in the kitchen. In the Living Room, French Doors open to a Juliette Balcony.

Well located, Eglinton Avenue is right outside your door, with TTC a stone's throw away. The Eglinton LRT will run right past the building. Walk To Forest Hill Village, Upper Village, Belt Line,Bakeries, Restaurants, Green Grocers, Pharmacies, Starbucks, Clothing,Shoe Stores, Parks, Library, Etc. Roof Top Terrace With Bbq.

Included are a parking spot, locker, fridge, stove, microwave, built-in dishwasher (2009), washer, dryer, window coverings, electrical light fixtures and broadloom where laid. Monthly fees include water, heat, hydro, central air conditioning, building insurance, parking & common elements.

The building offers an excersize room, a recreation room and a rooftop deck with barbeque.

Come for a visit. It feels like home!

Features:

Interior  ▪ Carpeted Floors ▪ Hardwood Floors ▪ Laundry Room ▪ Window Covers	Heating ▪ Heat Pump ▪ Natural Gas
Exterior Finish ▪ Brick	Sewer/Water Systems ▪ Public
View ▪ City Lights	Lot Features ▪ Corner Lot ▪ Garden Area ▪ Patio ▪ Trees / Shrubs
Appliances ▪ Dishwasher ▪ Dryer ▪ Microwave ▪ Refrigerator ▪ Stove ▪ Washer ▪ Washer/Dryer Hookup	Extra Features ▪ Cable Available ▪ Controlled Access ▪ High Speed Internet Available ▪ Lobby ▪ Pets Allowed ▪ Public Transportation ▪ Storage ▪ Wheelchair Access
Cooling ▪ Central Air

 

 

Here's the percentage of what resale homes in Toronto and the GTA sold for in the month of April.  There are more stats on my website, www.gtamoves.com or www.vitopirri.com .