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Nick Thompson Real Estate

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Scarborough, ON
Nick Thompson Real Estate

Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Nick Thompson Real Estate, Estate agent, 2911 Kennedy Road, Scarborough, ON.

02/05/2024

🚨LEASED🚨

Congratulations to my clients D & P for securing this brand new 4 bedroom 3 washroom 3-Storey townhouse in Whitby!

Thank you for putting your trust in me to get the job done 😁. Best of luck in your new home 🙏🏻

Want this to be you? Contact me today for all of your real estate needs whether it’s buying, selling or leasing!

📲 905 926 0494
📥 [email protected]
💻 Nick-t.c21.ca

Nick Thompson REALTOR®
Century 21 Percy Fulton Ltd., Brokerage

11/29/2023

🚨LEASED🚨

Congratulations to my client “L” for securing this wonderful 4 bedroom 3 washroom 2-Storey detached house in Newcastle!

Thank you for putting your trust in me to get the job done 😁. Best of luck in your new home 🙏🏻

Want this to be you? Contact me today for all of your real estate needs whether it’s buying, selling or leasing!

📲 905 926 0494
📥 [email protected]
💻 Nick-t.c21.ca

Nick Thompson REALTOR®
Century 21 Percy Fulton Ltd., Brokerage

11/21/2023

🚨LEASED🚨

Congratulations to my client for securing this beautiful brand new 3 bedroom 3 washroom townhouse in Courtice!

Best of luck in your new home 🙏🏻

Want this to be you? Contact me today for all of your real estate needs whether it’s buying, selling or leasing!

📲 905 926 0494
📥 [email protected]
💻 Nick-t.c21.ca

Nick Thompson REALTOR®
Century 21 Percy Fulton Ltd., Brokerage

10/13/2023

🚨 JUST LISTED 🚨

📍8 Wiseman Dr, Ajax, ON

🏷️$899,000

Discover this exceptionally rare 2+1 bedroom, 3 bathroom bungalow nestled in South Ajax's captivating "Lakeside Community," boasts an unparalleled location just steps from the serene waterfront. Lovingly cherished by its original owners, this residence graces a meticulously landscaped lot, adorned with gardens and well-maintained lawns. The spacious garage comfortably accommodates two cars and provides direct access to the house. The builder has professionally finished the basement, featuring a generous recreational area, and an extra bedroom complete with a semi-ensuite 4-piece bathroom, and a sizable unfinished area that can be customized for a workshop or versatile storage haven.

Extras:
Main Floor Laundry, Kitchen With Backyard Access, Generously Sized Bedrooms That Offer Comfort And Tranquility.

Inclusions:Shed, Fridge, Stove, Dishwasher, Washer & Dryer, Window Coverings & All Electric Light Fixtures.

Message me today for more details and to book your own private viewing 😎
📲 905 926 0494
📥 [email protected]
💻 Nick-t.c21.ca

Nick Thompson REALTOR®
Century 21 Percy Fulton Ltd., Brokerage

10/13/2023

312 Wilson Rd S is now leased and off the market 🥳

- Representing both landlord & tenant✅

Congratulations to my landlord client for securing a new tenant for her investment property and my tenant client for finding her next home🥳

It was a pleasure to work with both of you throughout the process. Thank you for putting your trust in me to get the job done 🙏🏻 Best of luck!

Want this to be you? Contact me today for all of your real estate needs whether it’s buying, selling or leasing!

📲 905 926 0494
📥 [email protected]
💻 Nick-t.c21.ca

Nick Thompson REALTOR®
Century 21 Percy Fulton Ltd., Brokerage

10/10/2023

In September 2023, 🏡 Toronto's real estate market had some tough challenges: high borrowing costs, 📈 inflation, and uncertainty about 🏦 Bank of Canada's decisions. 😕 This impacted GTA home sales, but there was a surprising twist – prices went up! 📈

Home sales in GTA fell by 7.1% compared to September 2022, especially for houses like semi-detached ones. 🏠 On the bright side, there were more new listings, and the number of listings also increased from the previous month. 📈🏘️

The MLS® Home Price Index (HPI) Composite benchmark increased by 2.4% YoY, and the average selling price went up by 3% in the same period. 📈💰 On a monthly basis, prices dipped slightly, but not by much. 📉💲

Looking forward, experts predict that borrowing costs will stay high until mid-2024 but should start to drop afterward. 📅 This could mean more buyers in the second half of next year! 🏡📉

Excitingly, the GTA housing market became more balanced in the summer and early fall. 🌞🍂 This might give some buyers more room for negotiation. 🤝

Plus, there's a call for changes in housing and taxation policies to solve the housing crisis. 🏘️🤝🏛️

10/06/2023

🚨LEASED🚨

Congratulations to my clients J + A for securing this 3 bedroom 3 washroom home in Bowmanville!

Best of luck in your new home 🙏🏻

Want this to be you? Contact me today for all of your real estate needs whether it’s buying, selling or leasing!

📲 905 926 0494
📥 [email protected]
💻 Nick-t.c21.ca

Nick Thompson REALTOR®
Century 21 Percy Fulton Ltd., Brokerage

10/02/2023

🚨JUST LISTED🚨

📍 39 Roehampton Ave #4304 Toronto, ON
🛏️ 2+1
🛀 2
🏷️$799,999

Incredibly luminous residence boasting breathtaking vistas of Toronto! This unit features exquisite interior touches and expansive windows that reach from floor to ceiling. Experience the epitome of urban living in a prime location, with all your essential amenities just a stone's throw away - grocery stores, fitness centers, dining establishments, bars, boutiques, public transit (TTC), and even a Cineplex theater, to name a few. The building offers an unparalleled array of amenities, including a 24-hour concierge, a well-equipped gym, a pet spa, an outdoor terrace with BBQ, facilities, yoga studio, an indoor playground for children, and a private pathway to access shops and the TTC.

For more details and to book your own private showing, call or message me today 😎

📲 905 926 0494
📥 [email protected]
💻 Nick-t.c21.ca

Nick Thompson REALTOR®
Century 21 Percy Fulton Ltd., Brokerage

09/18/2023

🚨FOR LEASE 🚨

🏷️$1800/month

Discover this charming 2-bedroom, 1-bathroom basement in the heart of Oshawa. It's perfectly located, close to schools, parks, shops, and transit.
Extras:Tenant to pay 40% of utilities. Backyard Is Shared With The Upstairs Tenants.

For more details and to book your own private showing, call or message me today 😎

📲 905 926 0494
📥 [email protected]
💻 Nick-t.c21.ca

Nick Thompson REALTOR®
Century 21 Percy Fulton Ltd., Brokerage

09/18/2023

🚨JUST LISTED🚨

🏷️$899,999

🏡 856 2nd Line E

Stunning Custom Built 3+2 Bedroom Raised Bungalow In Quiet Family Friendly Campbellford. Beautiful 2 Acre Lot. Features A Walkout Basement With Stamped Concrete Patio And Upper Level Glass Deck With Views Of The Forest. This Home Features Endless Upgrades Including High Efficiency A/c, 2-stage Furnace W/ Dc Fan, Upgraded Kitchen Cabinet W/ Under Cabinet Lighting & Granite Counter Tops. Wood Stove In Basement. And Many Others.

For more details and to book your own private showing, call or message me today 😎

📲 905 926 0494
📥 [email protected]
💻 Nick-t.c21.ca

Nick Thompson REALTOR®
Century 21 Percy Fulton Ltd., Brokerage

09/08/2023

🏡 GTA REALTORS® August 2023 Market Insights 📊

Let's dive into what's been happening in the Toronto housing market in August 2023, but without all the complex stats.

1. **Mortgages Got More Expensive**: You know how when you want to buy a house, you usually get a loan? Well, these loans (mortgages) became pricier. Imagine it's like paying more interest on your credit card – it can make buying a home harder.

2. **Economic Uncertainty**: Think of it as not being sure about your job or your income. The economy was a bit like that, and when people aren't sure about their finances, they tend to put big decisions on hold, like buying a house.

3. **Not Enough Houses for Sale**: Imagine you're at a store, and there's only one of your favorite thing left, but lots of people want it. What happens? The price goes up! In August, there weren't many houses for sale, so the prices stayed high.

Now, let's see what this meant:

- **Fewer Homes Sold**: Compared to last year, there were 5.2% fewer people buying homes. Some people were holding off because of those expensive mortgages and economic worries.

- **Prices Stayed Steady**: Even though not many homes were sold, the prices didn't change much. They kind of stayed where they were.

- **Summer Cool Down**: After a really busy spring, the summer market was more balanced. That's why prices dipped a bit in July.

What's Next?

- **People Still Want Homes**: Lots of folks want to buy or rent homes in Toronto. Think of it like a popular restaurant – there's always a line out the door.

- **Ups and Downs Ahead**: But, it might be a bit bumpy for a while. People are waiting to see what happens with those expensive mortgages and the economy. So, don't be surprised if things go up and down in the short term.

In a nutshell, August 2023 had fewer home sales, stable prices, and some uncertainty. Keep an eye on the market for more updates! 🏠📈🌆

09/06/2023

Interest rates are HOLDING. The Bank of Canada has held its benchmark interest rate steady at 5 percent, hitting pause on its campaign against inflation in response to evidence that the Canadian economy has begun to stall.

This widely anticipated decision offers some respite to borrowers, who have been hammered by rising borrowing costs over the past 18 months, including rate hikes in June and July. Inflation remains above the central bank’s 2-per-cent target. But weak economic data over the past month has given the bank confidence to move back to the sidelines as it waits for high borrowing costs and slower economic activity to pull down inflation.

What Happened Today?
The BOC maintained the policy rate at 5%
Most bank prime rates remain at 7.20%
This means variable rates and line of credit borrowers will not see any changes in payment or interest expense

The Next Key Dates
The BOC will have two more rate announcements in 2023, October 25th and December 6th
On October 25th the Bank of Canada will provide a Monetary Policy Report and Economic Forecast

What is The BOC Watching?
Jobs and wages- following report due Friday, September 8th, then October 6th
Inflation reports, CPI, and PPI- following report due September 18th and September 19th, then October 17th & 19th.
GDP for June and preliminary numbers for August- following reports due September 29th

What Will Stop Rate Hikes?
Actual GDP needs to continue to contract in Q3 to end rate hike.
Jobs need to contract further, and wage growth must continue slowing to reach inflation goals
Labour productivity needs to improve

Key Takeaways?
Energy prices as a result of OPEC+ production cuts will lead to higher inflation in the near term
BOC will remain hawkish in public statements to avoid a market rally in real estate and stocks
Market expects no addition rate increases in 2023 and the BOC policy rate to decline in the second half of 2024

Address

2911 Kennedy Road
Scarborough, ON
M1V1S8

Telephone

+14162988200

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