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Raffaele Albano : Real Estate Sales Representative, Richmond Hill, ON (2026)

11/21/2022

Congratulations to my clients on the sale of their beautiful home.
It was pleasure to represent them in this transaction.

For assistance for your real estate requirements call me at Ellicott Realty 416.203.7447 or by DM

09/29/2022

New Listing
For Sale
27 Dellbrook Cres, Toronto - North York
(Islington/Steeles)

Well Maintained Semi-Detached Raised Bungalow W/ A Functional Layout For Either Personal Or Income Use. Main Floor Has Spacious 3 Bdrms, Dining And Living Room With Large Bright Window & Walk Out To Balcony. Basement Has A Separate Entrance Complete W/ Separate Kitchen, Full Bath, And Living Area. Fully Fenced Side And Back Yard. Nestled On A Quiet, Low Traffic Street W/ Nearby Schools, Trails, Stores, Transit, Easy Access To Hwys & More. Great Opportunity.

Contact For Showing or Details
Raffaele @ Ellicott Realty Inc., Brokerage
Tel: 416.203.7447

07/07/2022

TRREB Stats for June 2022 are in !!!

05/05/2022

TRREB Stats for April 2022 are in!

The GTA housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis. As has been the case with previous rate tightening cycles, some home buyers have moved to the sidelines to determine how they will reposition themselves in the marketplace given the higher rate environment and related impact on affordability.

“Based on the trends observed in the April housing market, it certainly appears that the Bank of Canada is achieving its goal of slowing consumer spending as it fights high inflation. Negotiated mortgage rates rose sharply over the past four weeks, prompting some buyers to delay their purchase. Moving forward, it will be interesting to see the balance the Bank of Canada strikes between combatting inflation versus stunting economic growth and related government revenues as we continue to recover from and pay for pandemic-related programs,” said TRREB President Kevin Crigger.

GTA Realtors reported 8,008 homes sold in April – a 41.2% decrease compared to last year at this time. “Despite slower sales, market conditions remained tight enough to support higher selling prices compared to last year. However, in line with TRREB’s forecast, there is evidence of buyers responding to increased choice in the marketplace, with the average and benchmark prices dipping month-over-month. It is anticipated that there will be enough competition between buyers to support continued price growth relative to 2021, but the annual pace of growth will moderate in the coming months,” said TRREB Chief Market Analyst Jason Mercer.

☎️ (416)203-7447

04/01/2022

UC Tower 3
Floor Plans & Price List Now Available
VIP Sale - Opening Saturday April 2 2022
Contact Me Today
Raffaele Albano,
Office: 416-203-7447
DM:
Email: [email protected]

Occupancy Commencing: November 12, 2024

ABOUT UC TOWER 3
Oshawa’s most beloved home community is thrilled to announce that its finest expression of excellence is coming soon with U.C. Tower 3! As the latest addition to the U.C. community, find home in a comprehensive new condominium that truly offers everything. Live at the heart of the city’s most vibrant area from the neighbourhood that’s changed Oshawa’s landscape and skyline. Surrounded by demanded contemporary amenities yet moments to cherished natural spaces, this is Oshawa living at its finest. Live moments to landmark destinations like RioCan Windfields, Costco, Oshawa Centre, Durham College, Ontario Tech University, and so much more. Better still, enjoy access to a host of world-class amenity spaces available throughout the entire U.C. community.

-24/7 Concierge
-A fully equipped fitness facility with a cardio, weights, yoga/stretch and spin studio.
-Theater room, games room and lounge
- Expansive outdoor terrace with lounge areas, dining areas and BBQ’s
-Dining room with adjoined Catering Kitchen, Event Lounge, and Private Dining
-Business Lounge, Board room, Breakout Study Pods, Podcast Studio, Tool Annex -Two Guest Suites
-Unlimited usage High-Speed Internet service included in common expenses
-Tribute Communities Smart Living App customized for UC Tower 3

Raffaele Albano,
Office: 416-203-7447
DM:
Email: [email protected]

01/12/2022

TRREB Stats for December 2021 are in! Over 121,000 homes were sold across the GTA in 2021, a 7.7% jump over the previous 2016 high of 113,000 and a 28% leap over 2020’s sales figures. Through sales have increased, new listings failed to keep up the pace, only rising 6.2%, and underscoring a supply issue that is been fueling rising homes prices for years.

“Despite continuing waves of COVID-19, demand for ownership housing sustained a record pace in 2021. Growth in many sectors of the economy supported job creation, especially in positions supporting above-average earnings. Added to this was the fact that borrowing costs remained extremely low. These factors supported not only a continuation in demand for ground-oriented homes, but also a resurgence in the condo segment as well,” said TRREB President Kevin Crigger.

One sales trend that stood out in 2021 compared to 2020 was the resurgence in demand for homes within the City of Toronto. Overall sales in the “416” area code were up by a substantially greater annual rate (+36.8%) compared to sales growth for the surrounding GTA suburbs combined (+23.6%). The marked recovery in the condominium apartment segment was a key driver of this trend.

“Tight market conditions prevailed throughout the GTA and broader Greater Golden Horseshoe in 2021, with a lack of inventory noted across all home types. The result was intense competition between buyers, pushing selling prices up by double digits year-over-year. Looking forward, the only sustainable way to moderate price growth will be to bring on more supply.

📱 (416)993-5186
☎️ (416)203-7447

12/07/2021

TRREB Stats for November 2021 are in! Home sales in the GTA were up by 3.3 percent compared to last year, at this time.

Home sales reached a new record for the month of November and the average selling price also reached a new all-time high. New listings were down substantially compared to last year for all market segments – further highlighting the inherent supply issue across all home types in the GTA.

New listings were down by 13.2 per cent year-over-year, with double-digit declines for low-rise home types, and condominium apartments. “Governments at all levels must take coordinated action to increase supply in the immediate term to begin addressing the supply challenges of today, and to work towards satisfying growing demand in the future. The GTA remains the primary destination for new immigrants, and is at the centre of the Canadian economy. For far too long governments have focused on short term band-aid policies to artificially suppress demand. Current market activity highlights decisively that these policies do not work, and unless governments work together to cut red tape, streamline the approval processes, and incentivize mid-density housing ongoing housing affordability challenges will escalate. On this point, we commend the City of Toronto for moving forward with initiatives to facilitate the creation of more mid-density home types, including their current consultations on options to encourage more multiplex development across the city,” said TRREB President Kevin Crigger.

The average selling price for all home types combined was $1,163,323 – up by 21.7 per cent compared to November 2020. “A key difference this year compared to last is how the condo segment continues to tighten and experience an acceleration in price growth, particularly in suburban areas. This speaks to the broadening of economic recovery, with first-time buyers moving back into the market in a big way this year. The condo and townhouse segments, with lower price points on average, will remain popular as population growth picks up over the next two years,” said TRREB Chief Market Analyst Jason Mercer.

If you are considering buying/selling, or just need some sound advice, contact me today.

☎️ (416)203-7447

07/09/2021

TRREB Stats for June 2021 are in! Home sales in the GTA were up by 28.5 percent compared to last year, at this time.

The average selling price in June increased by double digits compared to last year as well, but the annual rate of increase moderated compared to the previous three months. Looking at the GTA as a whole, year-over-year sales growth was strongest in the condominium apartment segment, both in the City of Toronto and some of the surrounding suburbs.

“We have seen market activity transition from a record pace to a robust pace over the last three months. While this could provide some relief for home buyers in the near term, a resumption of population growth based on immigration is only months away. While the primary focus of policymakers has been artificially curbing demand, the only long term solution to affordability is increasing supply to accommodate perpetual housing needs in a growing region,” said TRREB President Kevin Crigger.

In all major market segments, year-over-year growth in sales well outpaced growth in new listings over the same period, pointing to the continuation of tight market conditions characterized by competition between buyers and strong price growth.

If you are considering buying/selling, or just need some sound advice, contact me today.

📝
📲 (416)993-5186
☎️ (416)203-7447

06/10/2021

🚨Assignment For Sale-Not on the MLS

Opportunity to own a newly built condo- townhouse, without the long development wait. Occupancy scheduled for September 2021

Highlights:

Location: Avenue Rd & Davenport Rd,
Surrounded by , , and others

Parking: Private Built In Garage , 1 Car

Rooftop Terrace : 214 sq.ft, private

Principal Living Area:
● Ceiling Heights : ~ 10.0’ ceilings on main floor, ~ 9.0’ on 2nd, 3rd, and 4th floor, with smooth finished ceilings
● Flooring : Designer selected 7” wide engineering plank flooring throughout
● Lighting : Potlights in living/dinning room and bathrooms
● Staircase : Oak stairs and designer selected railings

Kitchen :
● Custom kitchen cabinetry
● Quartz countertop with matching backsplash
● Undermount stainless steel sink and faucet with integrated pull-out spray
● Main Floor kitchen to contain integrated 30” refrigerator, built in oven with gas cooktop, microwave, stainless steel hood fan, and integrated dishwasher
● 4th floor kitchenette will include 18” dishwasher and bar fridge

Bathroom :
● Solid surface countertop with integrated sink and single lever faucet vanity
● Mirror with sconce lighting
● Marble tile flooring and porcelain wall tiles
● Frameless glass shower with tiled base
● Shower with rain shower head and hand shower
● Heated floors with temperature control in primary ensuite bathroom

Current Scheduled Occupancy Date :
September 30, 2021

Asking : $3,950,000 Co-Operating : 2.5%+HST

Serious inquiries are always welcome for discussion and negotiations.

Please call Raffaele Albano at Ellicott Realty Inc, Brokerage (416) 203-7447

06/08/2021

TRREB Stats for May 2021 are in! Home sales in the GTA were up by 160.1 percent compared to last year, at this time

Residential remained high this May, but fell short of the 2016 record and were below this year’s March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May. GTA REALTORS® reported 11,951 sales in May 2021 – more than double the result from May 2020, the second full month of the pandemic.

“There has been strong demand for ownership housing in all parts of the GTA for both ground-oriented home types and condominium apartments. This was fueled by confidence in economic recovery and low borrowing costs. However, in the absence of a normal pace of population growth, we saw a pullback in sales over the past two months relative to the March peak,” said TRREB President Lisa Patel.

The average selling price across all home types was up by 28.4 per cent year-over-year, reaching a record $1,108,453. On a seasonally adjusted basis, the average price increased by 1.1 per cent between April and May 2021. “While sales have trended off the March 2021 peak, so too have new listings. This means that people actively looking to purchase a home continue to face a lot of competition from other buyers, which results in very strong upward pressure on selling prices.

If you are considering buying/selling, or just need some sound advice, contact me today.

Raffaele Albano
Realtor, Ellicott Realty Inc
Office : 416.203.7447

05/07/2021

TRREB Stats for April 2021 are in!

Home sales in the GTA were up by 362.1 percent compared to last year, at this time - the first full month of the pandemic. Bucking the regular seasonal trend, April 2021 sales actually declined month-over-month. A similar trend was noted for the number of new listings reported.

GTA REALTORS® reported 13,663 sales through TRREB in April 2021 – a 12.7 per cent decrease compared to March 2021, but more than quadruple the number of sales reported in April 2020, when the economic impact of COVID-19 was arguably the worst. New listings followed a similar track – down by 8.4 per cent compared to March 2021, but more than triple the number of new listings reported in April 2020.

“While sales remained very strong last month, many Realtors noted a marked slowing in both the number of transactions and the number of new listings. It makes sense that we had a pullback in market activity compared to March. We’ve experienced a torrid pace of home sales since the summer of 2020 while seeing little in the way of population growth. We may be starting to exhaust the pool of potential buyers within the existing GTA population. Over the long term, sustained growth in sales requires
sustained growth in population,” said TRREB President Lisa Patel.

If you are considering buying/selling, or just need some sound advice, contact me today.

📲 (416)993-5186
☎️ (416)203-7447

Raffaele Albano : Real Estate Sales Representative

11/21/2022

09/29/2022

07/07/2022

05/05/2022

04/01/2022

01/12/2022

12/07/2021

07/09/2021

06/10/2021

06/08/2021

05/07/2021

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