https://www.facebook.com/2022393684506104/

Mary —Kate Rose, Broker- SAGE Real Estate Ltd., Brokerage, 134 Ossinton Avenue, Toronto, ON (2026)

10/26/2023

There’s talk in Leaside, it sounds so familiar.
A Lower Penthouse, everybody’s watching you.

People book showings, they all seem to want you.
You feel so fresh, they treat you like you’re something new.

******Brian Peck Crescent, the new kid in town. Everybody loves you- Living in Midtown!******

There’s a new kid in town and everyone is talking about them, ‘cuz they’re causing QUITE a scene.

Lower Penthouse 20, located at 35 Brian Peck Cres, is EXACTLY what all the first time home buyers should be setting their sights on.

Open concept living and walk-out to a balcony with stunning panoramic views of residential rooftops and parkland including walking/bike trails in the heart of the city.

A one bedroom plus a desk den, and a 4-piece bathroom! Updated light fixtures and freshly painted throughout. New vinyl tiling in the kitchen.

If you’re looking for Leaside living without the hefty price tag, this is it, all the conveniences for a fraction of the price: Sobeys, Home Depot, Staples, Canadian Tire & Smart Centre Plaza Shops. Steps to restaurants & boutique coffee shops. Close to Sunnybrook Hospital, Parks & Trails. Transit, DVP & Upcoming Eglinton LRT, minutes from your door.

Address | LPH20- 35 BRIAN PECK CRESCENT
Price | $620,000 offers any time :)
1 Bedroom 🛏️ + 1 Desk Den 👩🏻‍💻
1 4-Piece Bathroom 🛀

Additional Information

Possession | 60/90/TBD
Property Taxes | $2,192.02 / 2023
Maintenance Fees | $494.74/month (your only extra bills are hydro & property taxes!)
Size |Approx. 626 square feet + 93 square feet balcony
Parking | 1 🚗
Locker | 1 🔐
Inclusions | Frigidaire fridge, electric stove with glass cook-top, stainless steel dishwasher, range hood, stacked washer & dryer, all electrical light fixtures
Pets | 2 Domestic pet per unit 25lbs and under. 🐕 🐈
Condo Amenities | Concierge, pool, gym, sauna, yoga room, massage room, guest suites, beautiful lounge, bbq patio, party room with full kitchen & dining room & kids lounge with loads of video games! Dog park behind the building. Basketball courts & park across the street!

09/28/2023

August- the end of summer and what feels like the end of the year for students and realtors as School and the Fall Market approach.

The real estate market in 2023 thus far hasn't followed any of its regular patterns... and to truly dig deep into it, it would take more than just a short instagram reel, but I will do my best.

When it comes to overall sales numbers (units sold), 5,294 properties in total were sold in the month of August, just over 5% less than last August. We are currently at one of the slowest paced points in our market on record... that's not to say that August isn't normally slow (because it is) but this year it's been exceptionally slow.

But this is a discussion of quantity.... let's talk about the quality of sales. The majority sold for over list price (101% of list price) in 20 days.

Overall in the Toronto Market
Detached homes sold in 18 days for 101% of list price.
Semi-Detached homes did even better selling in just 13 days for 105% of their list price.

We have the usual trifecta affecting/working against our market-
demand, supply and affordability.

When it comes to demand, we have SOOOOO many buyers. Personally, I haven't been out on as many showings as I have these past few weeks, in quite some time!! In August, we had 100K Immigrants come to Canada, most of them move to major cities like Toronto. This wiIl only continue to grow and put pressure on our demand for housing as we see the pandemic behind us and the push economic growth and stability ahead of us.

When it comes to supply...you already know. I have mentioned for YEARS now that we have a well that is drying up and no one seems to be doing anything about it! At the end of August, we had approximately 15,500 available properties for people to purchase listed on MLS. And while this might seem like a lot of properties, the quality ones get gobbled up by the huge demand.

Continued in the comments…

09/18/2023

FOR LEASE: Unit 2- 2184 Dundas St West.

Lease this incredible Apartment that feels like a home.

A perfectly laid out 3 bedroom unit awaits you, where Dundas meets Roncy! This renovated/ updated unit is 900+sf (Approx) but feels much larger!

It features 10 Ft Ceilings with open concept living space and tons of natural light! A Modern white kitchen with new appliances and concrete counters. The stylish 4-piece bathroom is adorned with gold fixtures! Hardwood Floors, Ensuite Laundry, a convenient spacious sun room with a walk out to a brand new common area terrace being constructed. Enter from Dundas or the Laneway.

You're going to love the local shops and restaurants in Roncy! Ritchie Ave Parkette Right at the end of your lane, and Sorauren Park minutes away!

Included: Fridge/Freezer, Stove, Dishwasher. Stacked Clothes Washer & Dryer ensuite.

24hr Notice for showings. Available to lease Nov 1. Caring & attentive landlord. Shows fantastic!

💵 $4000/month*
🛏 3 Bedrooms
🛁 1 4-piece Bathroom
🚘 Street Parking
👕 Ensuite Laundry
📏 Approx 900sf+
🚰 Included: Water & Gas
➕Extra: Hydro Internet & Cable *
📚Howard & Fern School District

08/29/2023

July 2023 Toronto Residential Real Estate Market Update

Buckle in folks, because this is going to be a long one...

There are different components of activity in the marketplace that need to be reviewed in order to really comprehend what is going on in our Toronto Resale Market.

If we directly compare July 2022 to July 2023 (year over year) we will see positive variances in almost every aspect. This July we saw 5,250 properties sold compared to the 4,870 properties sold in July 2022. The average sale price for July 2023 was $1,118m. Last year in July it was $1,073m, that's a 4% increase.

On the surface... we look like we are doing... ok?!

But we need to look deeper than just surface value- if we get underneath the average sale price and units sold, the market is actually struggling- especially If we look at the last few months of this year leading up to now. From April of this year till now, we have been decreasing in units sold each month.

July 2022 was one of the worst months for sales in history after 4 benchmark rate hikes from .25% to 2.5% within less than a 4 month period- this stifled us as you can imagine. So seeing a positive variance from July 2022 to July 2023 doesn't seem so crazy when it's put into perspective like that.

Since May of this year when we had a healthy number of units sold (8,987) there have been 2 rate hikes again that have brought us to a BOC rate of 5%, once again killing our momentum and stifling sales, a decline of 42% to be exact.

What hasn't dropped drastically (thankfully) is the average sale price. Average sale price has plateaued and this is because there is still a lack of inventory/ lack of choice for buyers.

…continued in the comments…

08/08/2023

June 2023 - Toronto Real Estate Market Report

So I am a month behind in market updates because to be totally honest- I have had the busiest July in my career! That being said, the overall stats from this past June were no reflection of that…

This past June, for the first time this year, we saw a decrease in over all average sales numbers at 7,481 (-17% since May 2023) as well as average sale price of $1,182,120 (-$15k since May 2023), month over month.

The reasoning for all of this all comes down to affordability. In June, the BOC increased their benchmark rate to 4.75%. That is the highest it has been since 2001. This results in fewer people being able to afford to purchase, and less people choosing to sell their homes with limited options to move up or down into.

The BOC kept a stable benchmark rate up until June of this year, and the second they raised it, the market reacted.

Despite the “softening” effect that this has on our real estate market, our market is still strong.

Detached homes in Toronto sold for $1,785m on average for the month of June. Semi-detached properties sold for $1,408m. Our over all average sale price is pulled down by condominiums. On average, it took 14 days for all properties to sell- the majority of which sold for more than their asking price.

The amount of buyers will decrease again now that (spoiler alert) the BOC raise the benchmark rate to 5% this past July mid-month. Thankfully, economists have forecasted that the benchmark rate should start to come down early in 2024.

I feel like sellers who do not need to sell will wait till rates come down, or will wait to sell to buyers who can afford the price that they want. Prices will continue to stay strong also if we see a softening of the benchmark rate in 2024… but if it stays as high as it is now, we are going to see the average sale price come down (obviously). This will simply eliminate potential buyer who don’t have the downpayment and/or can’t qualify.

I think it is important to look at average sale prices of detached/semi/row houses separately to condos moving forward as I think they will plateau… condo prices may soften though.

Continued in the comments…

06/29/2023

LEASED- 39 Brant St. Suite 628

I've leased this suite a few times now, and everytime it attracts fantastic tenants!
This time it was the same, plus I had the privilege of working with the fantastic

We are positive the new tenants will love their close proximity to King & Queen West, Graffiti Alley, Groceries and St. Andrews Park. They are just a skip to the Entertainment Hub, steps away from Toronto's top restaurants, bars & theatres. The new and beautiful Ace Hotel is next door & Waterworks Market/Food Hall is right cross the street- plussss they have the best landlords!

Welcome home :)

06/29/2023

Happy beginning of summer to you all!

I recently took a little weekend trip away with my husband for our wedding anniversary, and I am just catching up on all things work related!

Today, I come to you with the May 2023 Toronto Real Estate Market Update.

Most of what I have to say today is positive, fair warning to all of you though- the supply issue is still a thing. Also, I find that the market above $2.5m has started to slow down (I do find that the buyers and sellers in this price point tend to leave the city for summer properties or travel though so it doesn't come as a shock to me).

Units sold and sale price are both up compared to 2022. Our total number of sales for May was 9,012 units, this is +1500 more units sold than April, and a 25% increase since May 2022.

We are brushing an average sale price of $1.2m ($1,196,101 to be exact), and basically the same as where we were in May 2022 for average sale price.

The average time on market is 14 days, we are back to offer dates, bully offers and multiple offers.

Supply- May 2023 saw 12,000 new listings come to market. We need at minimum 20k listings coming to market in the hot seasons of Spring & Fall. This has really caused our market to go through the ringer.

Toronto is a major metropolitan. People want to live in its 416 core, and that is starting to get very pricey again. The average sale price for a detached home is cusping on $2mil now and Semi-detached homes are around $1.4mil. Condos while still under a million are holding strong at an average sale price of approx $780k.

While numbers continue to move on an upward trajectory when it comes to sale price, we have to remember that supply and demand are coming head to head now, and with another quarter point rate hike (bringing us to mortgage interest rates of almost 5% with the 2% stress test on top of that), we might start to see things plateau, or even out when it comes to sale price as buyers start to reach their thresholds.

Numbers of showings and offers are down but of course, this is likely due to lack of supply. With less to show, there are less offers also.

…continued in the comments…

06/29/2023

LEASED- 2184 Dundas St. W, Unit C.

This special 3 Bedroom Commercial/Residential loft space was such a cool and unique listing to have and boy did it have a ton of interest!

In the end, the tenants were moving from the downtown core, back to Roncy as one of them had lived in and loved the neighbourhood years ago!

Welcome back guys- we are sure you are going to love it!

06/29/2023

SOLD- 37 Parklea Dr.

37 Parklea Dr. was a special little house nestled on a great street in South Leaside.

Lovingly maintained by the same family since it was built and purchased in 1945 from the original builder, Andrew Cairns Sr.

The original owner had finally moved into a home, and his son listed their family home for sale through us. Like a time warp, it was preserved as if you opened the door to 1945 (with a few small updates here and there).

There were countless showings as quality lots and solid brick homes to renovate/build are few and far between in Leaside these days, and of course, we ended up with a Bully offer. This in turn, turned into multiple offers.

Most would think that a builder or developer would have ended up being the winning offer... but in the end it came from a lovely young couple who was just starting on their journey together. The thought of another family having their "Forever" was too good to pass up.

Congrats to the sweet buyers, the trusting sellers and all realtors involved!

05/23/2023

Finally we have some positive news to share for the month of April.

Sales are finally starting to pick up the pace, or at least have a rhythm when it comes to our Real Estate resale market in the City of Toronto. The only thing that isn't keeping up is our supply (Don't worry, I will discuss that more later on).

Last year from the beginning of the summer through to the end of the year the number of showings declined gradually month after month, along with the number of sales. But from basically the end of January 2023 till today, showings have grown month over month to almost double what they were this time last year. The number of offers on properties has basically mirrored this pattern. This is because we have SO MANY BUYERS.

This April we had a total of 7,531 sales- This is the highest number of sales we have had on a monthly basis since May of 2022. I haven't seen May numbers for this year, but judging from how busy I personally have been and how many offers I have been presenting as well as seeing on listings of my own, I think we will see higher numbers this May also.

As I had mentioned in my previous market updates, I truly felt that once buyers adjusted to new interest rates, they would be back in full force- and back they are at only marginally less sales than we had in May 2022.

Not only are we seeing increases in sales numbers but also in sale price, where in April 2023 we see it at $1,153m and growing. This is basically a $100K rebound from where we were in Dec 2022 ($1,050m).

I am a broken record, but the main concern is supply- not enough product to fit the demand. I have seen everything sell in multiple (2 or more) offers regardless if there is an offer date or not (Unless the property is overpriced and sitting).

This April 11,364 properties came to market, this is almost -40% less compared to last year (18k properties). For us to feel any bit of comfort and stability we would need more than 20k+ listings available at all times for buyers.

(Continued in the comments…)

05/16/2023

When you work with the best photographer in the city ( ) it can be so hard to pick photos for print materials… here a few of my favorites from 41 Fern Ave that didn’t make the cut 😍💜 🏡 🌿

05/11/2023

📍 41 Fern Avenue, Roncesvalles
🛏️ 4 bedrooms
🛁 3 bathrooms
🚗 1-car laneway detached garage
📐 16.5’ x 118’ lot semi-detached

You’ve Found Your“Forever”on Fern.

Welcome to the house that has it all. Located in the perfect pocket of Fern Avenue where the traffic
is quiet, and street parking is always available!

This 2.5-Storey Semi-Detached Home was completely gutted right back to the brick 10 years ago –
renovated and designed with a meticulous eye. From the second you open the oversized door
and cross the threshold, your eyes are graced with the most visually satisfying lines.

Open concept is the theme here while still keeping a clear distinction of rooms. The Living room
leads to the dining room which eases into a gorgeous modern eat-in kitchen, from there we step
into the most perfect family room that walks out into a picturesquely manicured back garden.

A custom staircase carries you all the way from the main to the second and then to the third! There
are four bedrooms, a 4-piece ensuite in the primary and a 4-piece family bathroom.

There is no wasted space with this layout! In fact there is extra space! With a study on the third,
and a family room and powder room on the main floor off the kitchen-this superb semi packs a
lot of punch!

Entertain your friends and family all year round, indoors and out. Fern welcomes all with its
handsome oversized doors and windows letting in love, warmth and natural light all day long.

41 Fern is located just steps away from Fern Ave Public School, Roncesvalles Shopping &
Restaurants, and Sorauren & High Park. TTC along Queen, King, Queensway, Dundas and/or
Roncesvalles- never need a car again! But if you have one, there is also a detached 1 car garage off
the lane.

Today is the day, don’t wait, start the car, hit the gas, tell the masses that Fern is a star!

Mary —Kate Rose, Broker- SAGE Real Estate Ltd., Brokerage

10/26/2023

09/28/2023

09/18/2023

08/29/2023

08/08/2023

06/29/2023

06/29/2023

06/29/2023

06/29/2023

05/23/2023

05/16/2023

05/11/2023

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