Chris Lepsa Hi-Tech Home Selling System

09/01/2020

It was just a few weeks ago when a tiny home was listed for $1 million and sold for $808,000 over asking, and now Toronto’s crazy real estate marke...

09/01/2020

COVID-19 has forced a slight cooling of Toronto's hot real estate market. With more people working from home, opinions on city life are changing. ...

04/11/2018

Amid low supply and soaring demand, the average price of a resale condominium in Toronto hit $558,000 in the first quarter of 2018, up from $510,000 during the same period last year. At those prices, homebuyers would need an income of at least $100,000 in order to satisfy the lending standards for gross debt service ratios as well as tougher mortgage qualification rules introduced by federal regulators in January, Hildebrand found.

Amid low supply and soaring demand, the average price of a resale condo in the city hit $558,000 in the first quarter of 2018

01/30/2018

There were 50,010 Realtors licensed through TREB at the end of December 2017. 34.6 per cent of all Realtors licensed through TREB did zero transactions in 2017. HALF of all the licensed agents in TREB are doing one or fewer transactions. Four transactions is the magic number to make “a decent living” in real estate. Even agents doing four transactions per year have to be spending at least $10,000 per year. One in four agents licensed by the Toronto Real Estate Board is netting more than $44,000 per year. How many agents do you think do 10 or more transactions in a year? Ten per cent.

How many transactions did the average Toronto Realtor do in 2017? Search Google all you want – you will never find the answer to that question. The Toronto Real Estate Board (TREB) doesn’t make this available.

01/25/2018

Good times to buy a detached if you can afford any and maybe voluntary restrain time for sellers. Detached homes in Greater Toronto logged another bad report, according to the Toronto Real Estate Board (TREB). The benchmark price of a detached home is now $909,300, just 2.33% higher than the same time last year. Sales have declined by 13.6%, and active listings have increased by 237%. More inventory and less sales, probably means you won’t see soaring prices anytime soon for detached. Different story for condos.

Toronto's detached real estate is seeing prices drop for a 7th month in a row, as sales continue to decline, and inventory soars.

10/05/2017

If you want to see the future of the real estate market in GTA you need to follow Vancouver's market where in September "The average price of detached houses sold in Greater Vancouver hit $1,666,284 last month, up 8.7 per cent from a year earlier, though September, 2016, was the first full month after the foreign-buyer tax dampened the enthusiasm of non-Canadian residents for detached properties, industry observers say. The average price of condos jumped 22.7 per cent year over year to $673,615 and the average price of townhouses rose 19.5 per cent to $886,396.". With the actual prices in GTA there is a better opportunity for profit in GTA. Condo prices will continue to go up because the supply is tight but the demand is increasing, there is nothing else affordable and even condos are not easy to buy anymore.

Overall home sales in September were down in the Greater Toronto Area over the same time last year but condo prices continue to rise, according to figures released Wednesday morning by the Toronto Real Estate Board.

09/06/2017

The average selling price for condominium apartments increased by 28.1 per cent compared to Q2 2016. The average selling price for the TREB market area as a whole was $532,032, with the average price in the City of Toronto higher, at $566,513.
“Recent consumer survey results from Ipsos suggest that condominium apartments will continue to gain in popularity with home buyers over the next year. This makes sense, given that many households, especially first-time buyers looking to live in the City of Toronto, have turned their attention in increasing numbers to less expensive forms of ownership housing,” said Jason Mercer, TREB’s Director of Market Analysis.

07/13/2017

A new feature for our future listings! Buyers will see our listings in 3D with a VR Headset!

This majestic looking home has wood flooring, crown molding, is a great family home. This tour was shot with the Matterport Pro2 3D camera.

07/09/2017

Vancouver’s housing sales have divided into two separate markets with condominium’s being snatched up while detached homes remain on the market...

08/03/2016

480 sqft Home For Sale in Fort York Toronto, Ontario. For Sale at $324,900.00. 15 Fort York Blvd., Fort York Waterfront Communities.

07/19/2016

Bright Corner Suite With Panoramic View Of Downtown, Lake And High Park *
Great Location Active Lifestyle, Across From Sunny Beach And Trails, Steps From TTC to Downtown, walk to Bloor West Village & Subway, Exibition & Blvd Club *

Large 2 Bdrm/2 Bath 860 Sf+46Sf Balcony * Completely Upgraded * Designer Condo* Shows Like Brand New * Granite Floors & Countertops * Marble * S/S Appliances * Parking Car & Bicycle * Extra Large Owned Locker

Privacy And Unobstructed View * Not Looking Into Other Buildings *

* Concierge, Gym, Yoga, Party, Courtyard For BBQ * Keyless Entry * Immediate Possession Available * Lock Box At Concierge * Pls Ensure Door Is Locked By Swiping The Card Key Fob *

-----

Listing details: http://www.homemarketrealty.ca/Toronto/Ontario/Condos/Toronto/Lake_ShoreWindermere/Agent/Listing_28542056.html