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Weekly sales to week ending April 16, 2009 take from TREB Market Watch Page

Here are the weekly sales for resale transactions in Toronto and the GTA for the week ending April 16, 2009.  The most current market statistics can be found on my website, www.gtamoves.com or www.vitopirri.com . 

 

April 16, 2009

Region

Area Sales

Av. Price

  

East

343

$305,933

  

West

615

$377,547

  

Central

288

$486,601

  

North

324

$416,460

  

Total

1,570

$389,936
0 comments • Vito Pirri • April 23 2009 12:05PM

Rumour has it 22 Offers!

Rumour has it, that a property on Escobar Crescent in the Britannia Road and Mavis Road area has received 22 offers.  So many have been received in fact, that the listing has been suspended so the seller can properly review all the offers.  The property was "special", in that it is a home that has pretty much been taken back to the rafters due to water damage.  The property is fire sale priced at $299,000.00 (in "as is condition"), is a power of sale, and is located in a well established neighbourhood.  Anyone can make this their dream home.  Since it has been taken back to the studs and floor boards,  you can finish it any way you want, probably even remove stud walls for a fraction of the price, even if you need to put up a new support beam.  The lowest price other properties have sold for in the immediate area in the past 6 months range from $370,000.00 to $445,000.00.

Whoever purchases the property has a unique opportunity.  I will follow this to see if the sold price is posted once it sells!

You can always find what you need at my website www.gtamoves.com or www.vitopirri.com .

0 comments • Vito Pirri • April 23 2009 12:02PM