Wallacewongrealestateagent

06/29/2024

Sales in the GTA new home market remained sluggish in May 2024, with monthly sales hitting their lowest level since May 2020 during the pandemic, and also the lowest in history.

A total of 936 units were sold in May, a 71% decrease compared to last year. Condo apartments accounted for 539 of these sales, down 75% from May last year and 75% below the ten-year average. There were 397 new single-family homes sold, a 65% decrease from May last year, but 61% below the ten-year average.

The benchmark price for condo apartments in May was approximately $1.04 million, reflecting a 5% year-on-year decline. The benchmark price for new single-family homes was around $1.61 million, showing a 7% year-on-year decrease. Additionally, the remaining inventory of new homes were 20,427 units included 16,845 condominium apartment units and 3,582 single-family homes.

10/31/2023

The GTA new home market returned in September 2023, and reversing three months of decline.
In September, a total of 1885 units were sold, representing a 303% year-on-year increase compared to the previous year. Condo Apartments accounted for 1290 units sold, which is a 207% increase compared to September last year and a 29% decrease compared to the ten-year average. New Single-family Homes accounted for 595 units sold, showing an 1140% increase compared to September last year, but a 37% decrease compared to the ten-year average.
The benchmark price for condo apartments in September was approximately $1.04 million, reflecting a 10.5% year-on-year decline. The benchmark price for new single-family homes was around $1.57 million, showing a 15.6% year-on-year decrease. Additionally, the remaining inventory of new homes rose to 19,121 units compared to the previous month.

Contact me to discuss your real estate needs.

10/14/2023

🤩JOIN US at the 💥Q Tower💥 Special Event- This Saturday! See Spectacular Scale Model Onsite!

🌆Experience downtown living at ✨Q TOWER✨, the epitome of modern luxury in the heart of Toronto’s Queens Quay! 🏢A brand-new mixed-use condo soaring 60 Storeys with perfect amenities nearby!🎇

🏡We will have a scale model on site, welcome to bring your clients to participate and learn more information!

⏰Time: October 14th @ 2 pm.

🗺Address: Sheraton Parkway West - Richmond Room, 600 HWY 7, Richmond Hill

08/25/2023

Pivot Day 2 | ONE DAY SALES EVENT

🍀Oakridge Green🍀42’ & 50’ detached homes nestled at a perfectly convenient & well-reserved 🌳green neighborhood in Richmond Hill’s finest community

🌟$25,000 DISCOUNT FOR ONE DAY ONLY
🌟RARE OPPORTUNITY OF PIE SHAPED LOTS
🌟WALKOUT BASEMENT UP TO 5,000 SQ.FT.

A LIFE ENRICHED BY MOTHER NATURE
🌳3 mins to Jefferson Forest
🚌4 mins to Gormley GO Station
🏈8 mins to Richmond Green Sports Centre & Park
🌳8 mins to Elgin Mills Crossing
🌆14 mins to DT Richmond Hill

08/14/2023

https://www.youtube.com/watch?v=Pdl-DjDtdUc

New data from Rentals.ca suggests Canada’s average rental prices hit a new record in July, including in Vancouver. Experts tell Angela Bower that’s partly be...

08/07/2023

*Meta/BSG/TNT/Condosdeal Calgary Sales Zoom Training *

Please join us Tuesday(Aug 8th) 7Pm

✅Agenda
- why investing in Calgary?
- why investing with Truman homes ??
- All projects we’re selling now in Calgary

✅Products
a)Most Luxurious condos I. downtown Calgary. From high $400’s
b) affordable condos in SE from $300’s
c) condos towns in NE from $489,900

a) Chelsea freehold towns fro. $524,900
b) freehold Chelsea semis in a Chestermere
c) Walden detached homes in SE Calgaey from$649,900

✅All Truman homes with ONLY 10% deposit

Here is the link for our zoom for Calgary

https://us02web.zoom.us/j/86746306118?pwd=WVIrenFpbHRuYUZJM0NITGc0WnNUQT09

07/20/2023

Here is one of the many rental scams in Ontario!

An Ontario man said he was “really excited” to find an affordable apartment near Toronto before he was scammed $2,800.

07/07/2023

🏙Redefining Milton’s skyline!
💎THOMPSON TOWERS💎 is an exciting new master-planned community coming to the heart of Milton Rd. S. & Drew Centre!
✨TOWER 1 Offically Launched with 5% Deposit per year*
✨Save $20K on parking ($10k now), FREE assignmemt
✨Tallest condo buildings in Milton
✨Spacious layouts, high-end finishes, breathtaking views

Unbeatable Location & Connectivity
🚆 2-min walk from the Milton GO Station.
🛍️ 4-min walk from a vibrant shopping oasis.
🚗 5-min drive to HWY 401 and superstores, banks, coffee shops
🏥 Minutes from Milton District Hospital
⛳Proximity to conservation areas and golf courses
☎ ☎ Contact me ☎️ now to reserve your unit and get exclusive incentives!

06/28/2023

A large mixed use condo unit is up for lease. See below link for details. Contact me for more information.

Make your dream home happen with OneHome™. Browse properties, find rates on mortgages and insurance, and collaborate with your REALTOR® in one place.

06/14/2023

✨Richmond Hill✨ Experience Luxury Living💎, Excellent Education🎓, and Convenient Commuting🚗. Discover the perfect blend of urban amenities🛍️ & natural beauty🌲

1️⃣Oakridge Meadow: FREEHOLD Towns from $1.5M & Singles from $2.3M! Close to GO transit🚌 3 mins to Hwy404🚗
2️⃣Ivylea: FREEHOLD towns with 3-5 bedrooms from $1.6M💰Excellent location & 19th Ave.
3️⃣Richmond Green: Luxury Singles & Towns from Mid $1.4M 🚀The perfect blend of home & nature🌲
4️⃣Red oaks: An exquisite community of detached homes! 🏡 Everything you look for is right at your door!
5️⃣North on bayview: Spacious modern towns from 1.6M!💎10% Total Deposit➕$10K Decor Credit💰
6️⃣Observatory Hill: Single detached homes in the 💯 perfect location @ Leslie & Elgin Mills🔥

06/13/2023

🛎 55 Mercer Condo
‼️ Sell at Cost ‼️
📍DT Toronto
🚦King St W & John St
💰Asking $740, 000
💥Full Commission 2.5%
🛌 1 bedroom
🅿️ No Parking
🔒 No Locker
📐 459 SQFT
🧭 Exposure: North
🔑 Occupancy: Oct. 2023
✅ Great layout
✅ High demand water front community
✅ Walk Score of 100/100!

Contact me for more info:)

06/13/2023

Believe it or not. Rent will go even higher in July and August when more students coming to Toronto for Sept school/University year starts.

It will now cost you well north of $2,800 to rent an apartment in Toronto, and renters looking to move into a new home will have to fork over more ...