Fortes Realty Inc., Brokerage

04/11/2026

150 East Liberty St. # , MLS # C12430576

March 2026, we just helped our clients Buyers to purchase this bright & modern Bachelor apartment w/ Central Air, Ensuite Laundry, owned Locker, Parking spot & private balcony in Liberty Village, a great downtown area (East of Dufferin/ South of King St.).
SOLD, SOLD, SOLD: Asking Price was $369,000.00.

11/14/2025

100 Coe Hill Drive, Toronto ON (Coe Hill/The Queensway)
For Sale: Asking Price: $585,000 (W12479609)

Large (Over a 1000 Sqf) Corner Unit w/ very spacious rooms and tall ceilings in a very well kept property overall. This is a Friendly Co-Ownership 2 bedroom apartment plus a Den (being presently used as a 3rd bedroom). Living and Dining in Open concept format w/ access to Open Balcony. Modern kitchen w/ ceramic Floor, ceramic backsplash, double sink, stainless steel appliances, Quartz countertops, overlooking Living & Dining Rms. Great location for sports (biking, walking, running, Skating on ice) nature (parks) and health minded afficionados. Near Swansea Public School & Community Centre. TTC Bus at your door or a short walk to Street Car on QEW, to High Park or to Lake Shore. Quick access to Gardiner Expy. The Maintenance fee of $769 per month covers/includes Heat, Water, Building Insurance, Parking, Locker, Common Elements and Condo Property Taxes.

11/06/2025

October 2025, we just helped our clients Buyers to purchase this 1982 Large Raised Bungalow w/ 3 bedrooms, 3 washrooms, 2 kitchens, finished basement w/ separate entrance, private double drive way, double car garage on a Lot of 37.5 x 132.37 in a great area (East of Dufferin/ South of Yorkdale Mall).
SOLD, SOLD, SOLD: Asking Price was $999,999 (W12427027)

04/24/2025

9 Michael Power Pl. Unit 1101, Toronto, Ontario, MLS # W12096155
North of Bloor St. W. & East of Kipling
Asking Price: $610,000.00

Welcome to this Spacious and Upgraded Open Concept Suite In Port Royal Place. Take advantage of the conveniences & safety of modern construction: Great Layout, Newer Laminate Floors in Living, Dining & 2 bedrooms. Ensuite Laundry + 2 bathrooms. Comfortable Kitchen with Quartz Counter Top, ceramic floor & backsplash, Double Sink, Built-in Microwave, overlooking Dining & Living Rms, Open Balcony, 4 Pc Ensuite Bath and Rare Walk-In Closet In Primary Bedroom. Extra Large Locker & 3 Parking Spots! Short Walk to TTC Bus on Dundas W. or Islington Subway St.

02/06/2025

The year started off with GTA REALTORS® reporting 3,847 home sales through TRREB’s MLS® System in January 2025 – down by 7.9% compared to the same period last year.

New listings in the MLS® System amounted to 12,392 – up by 48.6% year-over-year.

On a seasonally adjusted basis, January sales were up month-over-month compared to December 2024.
The average selling price, at $1,040,994, was up by 1.5% compared to January 2024.

For 2025, TRREB forecasts: - A total of 76,000 home sales in 2025, up by 12.4% over 2024.

Lower borrowing costs coupled with ample supply will improve affordability and prompt more buyers to move off the sidelines.

The average selling price to reach $1,147,000, up by 2.6% over 2024, for all home types combined. Price growth will be stronger for single-family homes, as compared to the well-supplied condo apartment market.

“A growing number of homebuyers will take advantage of lower borrowing costs as we move toward the 2025 spring market, resulting in increased transactions and a moderate uptick in average selling prices in 2025. However, the positive impact of lower mortgage rates could be reduced, at least temporarily, by the negative impact of trade disruptions on the economy and consumer confidence,” said TRREB Chief Market Analyst Jason Mercer.

The Toronto Regional Real Estate Board’s (TRREB) Market Outlook and Year in Review report reveals that a well-supplied housing market will keep average annual home price growth at the rate inflation, with the average selling price increasing moderately in the Greater Toronto Area (GTA) over the co...

02/03/2025

391 Parkside Dr, Toronto, Ontario, MLS # W11947523
(Bloor West/Parkside Drive/Howard Park)
SOLD, SOLD, SOLD, Asking Price: $1,999,999.00

Must see High Park Home has much to offer. It's a spacious Legal Duplex w/ 4+1 bedrooms, 3 washrooms, 2 kitchens, 2 laundries, 1 car Detached Garage that exits directly onto Howard Park Ave. at St. Car Stop. Spacious, 19 plus Ft Living Rm w/ Window overlooking High Park, a recently built (2024) Gas Fireplace Insert & grass cloth textured wallpaper , Dining Rm w/ Hardwood Floor, Oak Beamed Ceiling, stippled walls & access to Powder Rm & Laundry, Spacious eat-in Kitchen w/ a Pella glass- enclosed venetian blind window overlooking garden, a 2022, hardly used Gas Stove, Hardwood floor, access to Sunroom w/ sliding door to backyard partially covered Wooden Deck & fabulous private garden. Upper floor washroom renovated to a 5 Pc bathroom. Improvements: Replaced k**b and tube wiring & upgraded main service to 200 Amps, Basement foundation Walls (North and partial West) Waterproofed, Main Sewer Drain replaced w/ PVC, 2023 rebuilt Chimney , finished 1 bedroom basement Apartment w/ separate entrance. Short Walk to Keele Subway. High Park Gardens Montessori steps away. Potential for laneway house/ extending the main house. Only two owners in the past 70 years. 393 Parkside Dr. has Right of Way over East End of 391 Parkside Dr., which grants them access to Howard Park Ave.

12/07/2024

Wednesday, December 4th, 2024

“As we approach the end of 2024, I am pleased to report an improvement in housing market conditions. Many home buyers patiently waited on the sidelines for reduced inflation and lower borrowing costs. With selling prices remaining well off their historic peak and monthly mortgage payments trending lower, the stage is set for an accelerating market recovery in 2025,” said Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce.


Sales:

GTA REALTORS® reported 5,875 home sales through TRREB’s MLS® System in November 2024 – up by 40.1% compared to 4,194 sales reported in November 2023.


Listings:

New listings entered into the MLS® System amounted to 11,592 – up by 6.6% cent year-over-year.

On a seasonally adjusted basis, November sales were up month-over-month compared to October.


Average Selling Price:

The average selling price was up by 2.6% compared to November 2023 to $1,106,050.

On a seasonally adjusted basis, the average selling price edged slightly lower compared to October.

“Market conditions have tightened, particularly for single-family homes. The detached market segment experienced average annual price growth above the rate of inflation, particularly in the City of Toronto.

In contrast, the condominium apartment segment continued to experience lower average selling prices compared to a year ago. Condo buyers are benefitting from a lot of choice and therefore negotiating power. This will attract renter households into homeownership as borrowing costs trend lower in the months ahead,” said TRREB Chief Market Analyst Jason Mercer.

Rental Market:

In the third quarter of 2024, there were 18,540 condo apartment rentals reported through TRREB’s MLS® System – up 29.2% compared to Q3 2023. Condo rental listings were up by 46.6% over the same timeframe.

Supply in the condo rental market, average one-bedroom and two-bedroom rents dipped on an annual basis. The average one-bedroom condo apartment was $2,499 in Q3 2024 – down 5% compared to Q3 2023. The average two-bedroom rent was $3,216 – down by 5.6% over the same period.

While the rental market will remain relatively well-supplied as more renters transition to homeownership, expect rental demand to pick up as population growth remains high.

Greater Toronto Area (GTA) home sales increased strongly on a year-over-year basis in November 2024. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. New listings were also up compared to November 2023, but by a much lesser annual rate. This meant...

08/30/2024

605 Lawrence Ave. W. # 404, Toronto, Ontario, MLS # C11904655
(Lawrence Ave. W. & Allen Rd.)
SOLD, SOLD, SOLD, Asking Price: $465,000.00

Excellent Tridel Mid Rise Building "The Shermount", conveniently located, recently renovated. Fantastic, spacious Condo w/ Great Layout, Wall-to-wall Uniform Laminate flooring, 1 Bdrm, 1 3pc Bath (Glass Shower door & Panel), Galley Kitchen Overlooks Combined Living & Dining w/ Sliding doors to Open Balcony facing south w/ unobstructed views allowing lots of sunlight. Primary Br. w/ Walk-in Closet. Ensuite Laundry. 1 Locker (P2) & 1 Parking (P1). Plenty of Visitors Parking. Maintenance Fee includes all utilities. Quick Access to Allan Rd. & 401 Hwys, short walk to Schools, Subway, Ttc, 1 Subway Stop to Yorkdale Mall. Near Lawrence Allen Shopping Mall.

06/27/2024

Canada Inflation Higher in May to 2.9% Reducing Odds of July Cut

Inflation unexpectedly surged in Canada, a setback for policymakers as they weigh further interest rate cuts next month.

The consumer price index rose 2.9% in May from a year ago, up from 2.7% (in April) a month earlier, primarily due to higher prices for services, Statistics Canada reported Tuesday (June 25, 2024) in Ottawa.

Tuesday’s data broke a four-month string of easing price pressures. The reacceleration of (both headline and core) inflation will likely caution the central bank against a second consecutive interest rate cut next month (July), as officials seek to understand whether the latest setback is temporary.

Shelter, Food Inflation
In May, mortgage interest costs and rent remained the biggest contributors to the annual change in the rate of inflation.

Mortgage interest costs jumped 23.3% and rent rose 8.9% on a yearly basis.

Services inflation was up 4.6 per cent, compared with 4.2 per cent in April.

Food prices rose 2.4 per cent, versus 2.3 per cent in April.

Regionally, prices increased at a faster pace from a year ago compared with April in six of 10 Canadian provinces, including Ontario and Quebec.

Read More:
Canada Inflation Quickens to 2.9%, Reducing Odds of July Cut - BNN

Inflation unexpectedly surged in Canada, a setback for policymakers as they weigh further interest rate cuts next month.

01/08/2024

2023 GTA Housing Market: High Borrowing Costs, Sales Down 12.1%, Avg. Selling Price Down 5.4% - TRREB

The number of Greater Toronto Area (GTA) home sales in 2023 came in at less than 70,000 due to affordability issues brought about by high mortgage rates.

Borrowing costs are expected to trend lower in 2024.
Lower mortgage rates coupled with a relatively resilient economy should see a rebound in home sales this year,” said new Toronto Regional Real Estate Board (TRREB) President Jennifer Pearce.

Home Sales in 2023

There were 65,982 home sales reported through TRREB’s MLS® System in 2023 – a 12.1 per cent dip compared to 2022.

The trend for listings has been largely flat-to-down over the past decade, which is problematic in the face of a steadily growing population.

Sales in December 2023 increased by 21.3% (to 6,052), New Listings declined for the third straight month, down 12.6% (to 11,354) and Average Price Up 2.5% ($1,130,263.00) compared to November 2023.

Average Selling Price in 2023

The average selling price for all home types in 2023 was $1,126,604, representing a 5.4% decline compared to 2022.

Assuming borrowing costs trend lower this year (2024), look for tighter market conditions to prompt renewed price growth in the months ahead,” said TRREB Chief Market Analyst Jason Mercer.

“Record immigration into the GTA in the coming years will require a corresponding increase in the number of homes available to rent or purchase...” said TRREB CEO John DiMichele.

For a Full TRREB Report, please use this link:

05/31/2023

May 2023, we just helped our clients Buyers to purchase this new construction 4 bedrooms, 4 baths gorgeous Home loaded with Upgrades including Electric Car Charger on a lot of 45.06 X 105.26 Feet in Paris Ontario.