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This Month in Toronto Real Estate: The Armstrong TeamSeptember at a GlanceNow that October is here (Happy Thanksgiving everyone!) let’s take a look at what happened in Toronto real estate in September. Entering into the fall, the signs were pointing towards an active market ahead this autumn. This proved to be true in September as sales rose significantly by 22% year-over-year. What about Prices? However, new listings still didn't keep up with demand, leading to an ..
We all know space can be tight in condo apartments, right? However, with quality features, amenities, and ideal Toronto locations the condo lifestyle offers plenty to love. Still want more space with the benefits of condo living? 3 Bedroom condos might be what you’re after. Yet, you are probably noticing the search for these larger units is more difficult than you wish it was. Or, you might have been shown 2 bedroom condos with a “den” that masqueraded in the listing as a possible..
How can you tell if it’s the right time to buy a condo?First of all, there is not an exact formula that determines if now is the time. There are some important things to consider, but no black and white answer.But wait:There are many ways you can get an idea of the state of Toronto’s real estate market at the time you’re hoping to buy. Then, you can see if buying is a solid option for you at this time.What ways can I tell if now is a good time to buy a condo?To begin:Talk to a professi..
New condos are the best investment right? Not always. Consider this:Right now, since there are so many buildings under construction, condos even 5 years old aren’t considered “new” enough for buyers seeking an untouched condo for sale.What does that means for older buildings?First of all, the genuinely older condominiums stand out from the towers. In a market place with as many options as Toronto has, these buildings will forever have a niche spot in buyers’ minds.In addition, buyers a..
What is one thing available in today’s Real Estate Market that wasn’t available in decades past?Access to a wealth of online reviews!When choosing a real estate agent in Toronto it used to be all about referrals and even blindly calling a number on an advertisement. (Bus benches, big hair, and white-toothed grins come to mind. Ah, the 80’s).But now:While these ads still exist, and many might feature quality agents, today you also have so much more knowledge right at your fingertips.So, with..