Andrea Ashby - Real Estate Services

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Toronto, ON
Andrea Ashby - Real Estate Services

Helping Clients Buy, Sell, Lease, and Invest

06/08/2023

🔥JUST LISTED 👀

24 Garinger Crescent, Binbrook
$999,900 👌🏼

Loving Energy Embodies This Home. Built By The Reputable Homes By John Bruce Robinson

Family Friendly Neighbourhood ✅

Bright And Spacious Main Level, Chef's Kitchen, Granite Countertops, Large Island, Breakfast Bar, Ample Storage, Pot Lights, Separate Dining Area. 3 Large Bedrooms With An Open Loft Space Can Be Used As 4th Bedroom Or Private Office! 2.5 Bath. Every Bedroom Has A Walk-In Closet. Upper Level Walk-In Laundry With Storage. Fully Fenced Yard. Prime Pool Size Lot!

Walk To Groceries, Coffee ☕️ Shops, Restaurants, Trails, Amenities. Close To Schools And HWY.

No Sidewalk‼️
Parking For 6 Cars 🚙 Total.

Please Contact Us For Further Information and To Book Your Private Showing:

📧
🌎
📲

05/12/2023

🤍CHANEL🤍

05/04/2023

April Real Estate Market Update!

Spoiler Alert: The Residential Real Estate market around the GTA has begun to heat up.

🏡The housing market continued to improve through the month of April. On a year-over-year basis, sales edged lower compared to April 2022, but new listings were down by more than one-third. Fewer listings relative to sales means there was more competition between buyers, supporting an improvement in selling prices since the beginning of the year. Many buyers have come to terms with higher borrowing costs and are taking advantage of lower selling prices compared to this time last year. The issue moving forward will not be the demand for home ownership but rather the ability to meet this demand with adequate supply.

Let me know what you think will happen next in the market over the summer.

#416

02/04/2023

February Market Update!

The residential real estate market in the Greater Toronto Area acted as expected with sales volume and average selling price in January being very similar to December's averages. When comparing January 2023 over January 2022, with the impact of higher borrowing costs over the last year, prices and volumes are down considerably,

With the recent Bank of Canada announcement of a rate hike of one quarter of a basis point and stating that they would be putting a hold on future raises for the time being, buyers will be prompted to step into the market due to a more consistent interest rate environment. Population growth and a tight job market will further continue to support housing demand.

Demand for housing continues to remain strong as active listings continue to be well below seasonal levels. There are currently less than 10,000 homes of all types available across the GTA, leaving the region with only three months of inventory. If the Toronto Regional Real Estate Board did not register another listing we would be sold out of product in just three months. Three months is still considered a sellers market and even with the headlines reporting a slower market, homes continue to sell quickly and in some cases with multiple bids.

The new construction market has begun to pick up as labour, supply chain and material costs adjust back to more normal levels. With developer costs slowly coming down and partnered with aggressive selling promotions the educated and experienced buyer/investor are taking advantage of today's current market conditions, knowing that many of these promotional opportunities will not last forever.

02/02/2023

Introducing Olive Residences, North York's newest landmark rising 29 storeys. Steps from Finch Subway Station and minutes to Highway 401, residents are easily connected to the city and GTA. Enjoy the bustling Yonge and Finch area with an abundance of retail, restaurants, entertainment and parks just outside your front door. Please contact me today for first access to this incredible development.

What You Need To Know:
Developer: Capital Developments
Location: 36 Olive Avenue, North York (Yonge St & Finch Ave E)
Architect: IBI Group
Storeys: 29
Units:350
Approximate Pricing: $1400psf.

Location:
4 minute walk to Finch TTC Subway Station
Minutes to nearby retail, grocery stores, cafes, restaurants and entertainment
8 minute drive to Highway 401
10 minute walk to Mckee Primary School
4 minute drive to Cardinal Carter Academy for the Arts
15 minutes to York University
10 minutes to Seneca College Newnham Campus
23 minute subway ride to Yorkville
30 minute subway ride to Union Station
13 minutes to Yorkdale Shopping Centre

Deposit Schedule:
$10,000 on Signing
Balance to 5% in 30 days
5% in 120 days
2.5% in 380 days
2.5% in 540 days
5% on Occupancy

12/22/2022

Baby, it’s cold outside. ❄️☃️

12/20/2022

As we near the holidays and the end of 2022 I wanted to share a brief update on the GTA Residential Real Estate Market.

As the outdoor temperature declines, interest rates increase and the cost of borrowing rises along, the volume of transactions has begun to decline at a faster pace, down 50% across the GTA compared to November of last year. In turn, inventory of available homes has begun to increase, this increase, however, has not been as fast as one might think. Last year's insatiable demand for real estate created a pace that was not sustainable, therefore, today's current inventory levels of almost 12,000 homes available for sale of all types, up 96% over the same time last year, can be considered quite normal. Months of available inventory is currently trending at just over two and half months, which is still considered a Seller's Market, a Buyer's Market would put inventory levels closer to four plus months.

The sales volume for condominiums slowed down by 55% compared to last November. Condominiums are more affordable assets compared to freehold products (townhomes, semis, & detached), therefore prices have remained constant with little movement.

The new construction market has adjusted alongside the rise in borrowing rates. The absorption of new condominium product declined by 26% during the third quarter of 2022 compared to the third quarter of 2021. This adjustment has opened the door to opportunities that were not otherwise available in recent years when almost every project launched was selling out. Developers are offering incentives rarely ever seen. If you were ever considering the purchase of an investment property, there are some great options in new construction at the moment.

I am always available to assist you with your real estate questions, please feel free to connect with me.

I wish you and your family an amazing holiday season and look forward to talking to you soon.

#416

07/21/2022

COMING SOON TO
HORSESHOE VALLEY

Horseshoe Residences is nestled amongst the best of Horseshoe Resort. Just over an hour north of Toronto, Horseshoe Residences is located at the base of the hill with access to skiing, snowboarding, mountain biking, water sports, restaurants and entertainment.

Project Details
Building Type: Condos
Number of Storeys: 8 Storeys
Developer: Freed Hotels & Resorts
Location: Horseshoe Resort
Est. Occupancy: March 2024

07/19/2022

Recession Proof = term used to describe an asset, company, industry or other entity that is believed to be economically resistant to the effects of a recession.

Real estate is a well-known asset class that has been used to build wealth for centuries, defend against inflation and could referred to as recession-resistant.

#416

Address

154 Bathurst Street
Toronto, ON
M5V2R3

Telephone

+14166695755

Website

https://andrea-ashby-real-estate-services.business.site/?m=true

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