Lorne Park Real Estate

04/01/2024

Condominiums.com

02/16/2024

AI designed...

01/04/2024

Toronto home sales slump to 23-year low in 2023. Greater Toronto Area home sales fell last year to the lowest level in more than two decades despite an uptick in December, as high borrowing costs made the market less affordable, Toronto Regional Real Estate Board (TRREB) data showed on Thursday.
Home sales in Canada's largest metropolitan area were 65,982 in 2023, down 12.1% from the previous year and the lowest level since 2000. The average selling price also declined, falling 5.4% to C$1,126,604 ($843,771).

High borrowing costs coupled with unrealistic federal mortgage qualification standards resulted in an unaffordable home ownership market for many households in 2023.

With that said, relief seems to be on the horizon. Borrowing costs are expected to trend lower in 2024. Lower mortgage rates coupled with a relatively resilient economy should see a rebound in home sales this year.

The Bank of Canada has opened the door to cutting interest rates in 2024 if inflation comes down as predicted. Its benchmark rate has been on hold since July at a 22-year high of 5%.

Seasonally adjusted sales rose 21.3% in December from November to 6,052 homes, marking the first increase since May. The average price was up 2.5% to C$1,130,263 ($846,512), reversing almost all of the previous month's decline.

09/03/2022

LornePark.com

05/26/2022

Nestled in Mississauga’s exclusive Lorne Park neighbourhood, Lorne Park Place is surrounded by nature and in close proximity to high-end shops, delicious restaurants, and family-friendly parks and trails. This community is the perfect blend of the carefree lifestyle of a penthouse condominium with the privacy and exclusivity of a traditional town or semi-detached home.

Cachet’s latest neighbourhood begins with 10 elevated residences—6 spacious townhomes and 4 expertly designed semi-detached homes—each featuring a unique underground 2-car private garage, in-suite elevator, and refined interior appointments. A sophisticated retreat from the outside world, Lorne Park Place is the height of modern luxurious living with meticulously cared for condominium community features and conveniences. Welcome to Lorne Park Place—you’ve arrived. Info
: 416-966-8882

05/26/2022

Nestled in Mississauga’s exclusive Lorne Park neighbourhood, Lorne Park Place is surrounded by nature and in close proximity to high-end shops, delicious restaurants, and family-friendly parks and trails. This community is the perfect blend of the carefree lifestyle of a penthouse condominium with the privacy and exclusivity of a traditional town or semi-detached home. Cachet’s latest neighbourhood begins with 10 elevated residences—6 spacious townhomes and 4 expertly designed semi-detached homes—each featuring a unique underground 2-car private garage, in-suite elevator, and refined interior appointments. A sophisticated retreat from the outside world, Lorne Park Place is the height of modern luxurious living with meticulously cared for condominium community features and conveniences. Welcome to Lorne Park Place—you’ve arrived. Contact us 416-966-9993 or visit lornepark.com

05/07/2021

https://condominiums.com/properties/20952-Row-Townhouse-4127-Shipp-Drive-Mississauga-Ontario-L4Z0A7-4-Bedrooms-4-Bathrooms-USD1-450-000/

Sophistication + Style On Shipp. This Luxury Executive Condo Town Merges The Best Parts Of Owning A Freehold House With The Hassle-Free Lifestyle Of A Condo - A Truly Exceptional Property That Offers Spacious Living, A Functional Layout And Gorgeous Finishes. A Spectacular Chef's Kitchen With High-E...

05/07/2021

https://condominiums.com/properties/7685-81-High-Street-Mississauga-Ontario-L5G1K3-3-Bedrooms-3-Bathrooms-USD2-088-000/

Luxurious One Of A Kind 3 Storey Semi In The Heart Of Port Credit.Modern Open Concept Design With 2480 Sqft Of Living Space.Open Concept Kitchen W/Quartz Counters&Matching Backsplash.Eng.Hardwood Flooring With Floor Heating System.Motorized Blinds Thruout Main Fl.Huge W/I Blum Closet.5Pc Ensuite W/F...