Search Results for: annex
Annex Neighbourhood Home Sales For March 2009
Sales by street in the Annex Neighborhood for March 2009: • 2 sales on Brunswick Avenue • 2 Sales on Annex Lane • Howland Avenue • Madison Avenue • Admiral Road • Elgin Avenue Average Sale in the neighborhood was $960,375; Median Home sale was $805,000 – there were 8 sales in the month of […]
Surprisingly Quiet Central Downtown Neighbourhood – The Annex!
Being a real estate sales representative, I frequently choose new routes to and from appointments. One of my favourite routes is through the heart of Toronto’s Annex neighbourhood. It is more of a maze then a ‘route’, there are many one ways streets, prohibited turning at certain hours, blocks that do not connect streets. What […]
Toronto Real Estate Market Report – July 2023
A Mixed Bag Summer Of Real Estate
The summer is always slower than the Spring and the Fall. That being said, this summer has been a mix of hot and cool. Depending on the area, the pricing strategy, and the state of repairs. Riverdale, for instance, has been strong. While the Annex has been slower, in fact, it gets our opportunity of the month award – there are some good buying opportunities in the Annex and South Annex. The value is superior to East-end homes, for example.
When an agent stumbles with this listing strategy, the seller suffers. We see this as one of the biggest issues facing sellers. When you have 72,000 Realtors in Toronto, you need to be decerning. It’s too easy to become a Realtor. But it’s challenging to become a skilled Realtor, and it’s too much effort for the masses. This isn’t about harping on the average Realtor in Toronto; this is about peeling back the reasons why some houses aren’t selling effectively (for more money and less time on the market.) Errors in pricing and listing strategy are deals killers, sorry sellers. Also, houses that are ready to move into are on fire compared to those that are tired and need work, those that are sitting. Why? People can’t afford the additional borrowing costs to renovate, find good tradespeople and pay for the higher cost of goods. This is why turn-key homes sell for “too much” to many of us.
We expect several sellers to hit the market in the Fall. So there could be a window of opportunity for the discerning buyer. Understand the market and snipe the worthwhile properties. We are still believers in Toronto real estate for the long term. There could (should) be bumps ahead, but we don’t see these lasting years and years like in the 90s. More likely a year or two remaining at most. There is too much buyer interest in Toronto housing for the market.
Things To Do In Riverdale
Things To Do In Riverdale
Riverdale is a wonderful neighbourhood just outside the hustle and bustle of downtown. It’s incredible what the Don Valley does to separate the two areas of our city. There is a quaint aspect to Riverdale that few neighbourhoods in Toronto have. Riverdale has the architecture of the Annex and Rosedale. The century homes on tree-lined streets draw a lot of young families. The word is slowly getting out that one of the best vantage points overlooking Downtown Toronto is from Riverdale Park East (connected to Riverdale Park West in Cabbagetown via a pedestrian bridge crossing over the Don Valley Parkway.) Withrow Park is also an incredible spot to relax or play with the family.
What You Need To Know About Lofts In Toronto
Ask nine out of ten condo buyers, and they likely would prefer buying a loft in Toronto. A condo loft with a distinct look and feel versus a more typical condo apartment which may consist of drywall and windows. That being said, a big reason that so many people wish to have a loft is partly that these living spaces in Toronto are less common and a little more expensive – no question that the aspirational lifestyle aspects are desired.
