Posted by: torontocondo | November 20, 2009

New Toronto Condo Sales October Increase

Downtown Toronto Condos

New Condo sales in Toronto reached 2,064 an 80 per cent increase from October 2008. Buyers were taking advantage of low-interest rates and most important builders incentives and competition for new sales.

New Home and Condo sales in the Greater Toronto Area reached 4,150, their highest monthly total since July 2007.

According to the Building Industry and Land Development Association the new housing Real Estate market picked up in late Spring and the high-rise Condominium market sprung back in the Fall.

Interestingly the high-rise Toronto Condo market accounted for 60 percent of total new home sales in October.

Search by map for current downtown Condos on the Toronto Real Estate market.

Related Posts:

Toronto’s New Skyline

Toronto’s New Luxury Hotel-Condominiums Downtown

Posted by: torontocondo | November 16, 2009

High Rise Apartments Reveal A New Perspective

With more and more Toronto Condos coming to completion, just perhaps they too will shed more of the warm light and thought like these apartments, from the 60’s and 70’s.

Thanks to Derek Flack for this link, who is a writer and very good photographer as you will see, for BlogTo Publications.

Seeing The Slabs Of  Toronto In a New Light

Posted by Derek blogTO – http://www.blogto.com/
Filed in City
November 12, 2009

Toronto Apartment Slab

Despite an overall lack of density, Toronto is nevertheless a city of apartment buildings. Scattered throughout the city, these concrete slabs are a throwback to both the architecture and planning of the 1960s and 70s. Monumental, use-oriented, and almost invariably ugly, they don’t tend to inspire aesthetic reflection.

But, strangely, I’ve always been fascinated by them. Perhaps it’s the convergence of so many lives in one place, the grid-like patterns formed by the balconies, or the warm light that emanates from the many windows at dusk, but when looked at from a particular perspective, these structures often reveal a beauty that belies their Brutalist roots.

Toronto apartment buildings

To see this beauty, however, some conditions need to be met. For one thing, you need to get to a position of height so as to be able to take in the entire building. And, perhaps even more importantly, the light has to be right. On a dreary day, Toronto’s slabs are anything but inspiring. In the evening, on the other hand, a sort of transformation takes place. With the apartment lights on, it’s possible to catch a glimpse of what goes in the metaphoric honeycomb.

But, rather than engage in unabashed voyeurism, I prefer to capture the buildings from a macro level, so as to see the entire structure and a glimpse of its workings. I find that there’s something tantalizing about viewing from exactly this distance. A gesture to the inherent narrative limits of the photograph, it strikes me that the resulting images offer snippets of stories, the details and context of which remain obscured by the distance and the halt of the flow of time.

Toronto Apartment Buildings

Toronto Apartments

Far more skilled photographers than I have engaged in similar projects. Most notable among them, I believe, is Michael Wolf. It would be disingenuous not to acknowledge the degree to which my photos are inspired by Wolf, and yet I maintain that one way that my images differ is in their local focus. Like Andreas Gursky, Wolf’s work has taken on an international focus, charting density as a ism. 

Toronto Apartments

Toronto Slabs

My series of apartment buildings, however, operates in a more local capacity. It is my hope that they present a portrait of something that we Torontonians see everyday but rarely find the time to engage with.

-
Toronto Apartments By Derek Flack

More of the series can be found on Derek’s photo website. www.derekflackphotography.com

Posted by: torontocondo | November 6, 2009

Toronto Condos October Results

The Toronto Real Estate Board reported 8,4766 resales, up a huge 64 per cent from October 2008.

Prices for Toronto Condos in the Central districts of  Toronto we follow, were again showing  positive gains, from, a year ago October.

Condos in the Central Toronto Real Estate Districts( C01, C14 ) increased 15.0 and 16.0 per cent in average price, from one year ago. The Central Condo districts below , all showed positive results .

Luxury Toronto Condos in ( C02 ) Central district averaged $594,814- up 37.1 per cent from September, 2008

The average price for all Toronto Real Estate October transactions, including the GTA , was $423,559- up by 20 per cent, from the same month, a year ago. Year to date re-sales of 77,721  have an average price of $392,264  up  3  per cent. 

The average price statistics of Toronto Condos in several Toronto Downtown and Central Real Estate districts for October, 2009 were as follows:

District October 2008 October 2009 Change %
C01 346,344 398,788 +15
C07 281,362 319,063 +13
C08 339,100 365,577 +8
C14 292,581 338,703 +16
C15 254,083 285,172 +12

 

 

 

 

 

 

 

Toronto Real Estate prices and sales for all the Toronto districts can be found on the updated Torontohomeandcondo.com Marketwatch section of our Toronto Real Estate website that includes new and resale  Toronto Condos, Lofts, Town-homes and Homes for sale.

Related Posts:

Maple Leaf Square Condominiums

Toronto Realtors MLS

Posted by: torontocondo | November 3, 2009

Toronto Realtors MLS

Downtown Toronto Condos

Toronto Condos

Toronto Realtors use the MLS (Multiple Listing Service) , a central system for Real Estate listings.

The Canadian Real Estate Association owns the rights to member MLS across Canada.

Realtor.ca is an internet site that has uploaded listings that has public data for the consumers benefit.

The private MLS system used by all the Realtors has some differences from the public site.

  • Agents-only site has historical data for assessing value of a home
  • It provides commission rates
  • Names the seller
  • Superior search options

The Toronto MLS has 28,000 Realtors promoting homes and marketing them to sell. Most of these Real Estate Agents have their own potential buyers and to list any other way a vendor may miss out on these buyers.

Several other options are available to sell a home through the Internet and For Sale By Owner Sites however the MLS continues to bring successful sold signs to many, many homes.

In order to maintain their status as licensed professionals, Toronto Realtors must abide by a strict code of ethics and meet continuing education requirements.

Realted Posts:

Yorkville Condos Increase In Price

Toronto Condos Downtown

Posted by: torontocondo | October 29, 2009

Burano Condos

Burano Condos

Burano Condos

Work continues on Bay Street for the new Burano Condominiums in Toronto.Construction fencing is up and the bottom has been reached by excavation and the lower floors will soon start to make their appearance at street level.

The Burano Condominiums will be 48 storeys with 466 suites,  incorporating some of the original heritage building into this ArchitectsAlliance design.

Occupancy for the Burano Condos is scheduled for Spring, 2011.

Across Bay Street, in the above picture are the popular Murano Condos just completed with residents now in the process of moving in.

Current luxury Condos on Bay Street can be found on our Toronto Real Estate web site that includes the latest Toronto Mls listings.

Related Posts:

Murano Condos On Bay Street

Crystal Blu Toronto

What’s Happening To One Bloor Toronto?

Posted by: torontocondo | October 25, 2009

Crystal Blu Toronto

Crystal Blu Condos

Crystal Blue Condos

Glass walls are starting to cover the sides of the Crystal Blu Condos project in the Bloor-Yorkville area of Toronto. Completion has been scheduled for 2010.

Crystal Blu is 34 storeys and The Uptown, its neighbouring Condominium, will be 48 storeys.

This contemporary designed Condo has approximately 138 suites with the following features:

  • European-inspired Kitchens
  • Stainless Steel appliances
  • Granite or CeasarStone quartz countertops
  • 10 Foot ceilings (all suites)
  • Wired for high-speed internet

The location at 21 Balmuto St. is one of the cities best with easy access to the Manulife Centre, Holt Renfrew and to both the Bloor and Yonge subways.

If you would like more information on the Crystal Blu Condos or to find out what else is available in the Bloor-Yorkville area, please contact us.

Click here for Luxury Yorkville Condos for sale.

Related Posts:

Yonge And Bloor Condos 15 St Mary  Street

Luxury Yorkville  Condos

Casa Condos Bloor Yonge

Posted by: torontocondo | October 19, 2009

Toronto Real Estate Market Up Mid October

The Toronto Real Estate Market was up in sales and the average price for the mid October period was up as well. The year over year comparisons are somewhat difficult to compare as the Real estate prices in the fall of 2008 were in a decline.

Year to date re- sales are up 6 per cent to 69,964 compared to 2008 and the average price is up by 2 per cent.

Re-sales in the City of Toronto were up 21 per cent in average price to $455,001 from $375,804 in 2008.

Related Posts:

Toronto Condos Downtown

Toronto Condo Rentals

Yorkville Condos Increase In Price

Posted by: torontocondo | October 14, 2009

Pricing And Confidence Drive Toronto New and Resale Market

Toronto Condos Avenue Road

Toronto Condos Avenue Road

Toronto High-Rise and Low-Rise Real Estate Markets are moving well.

Overnight lineups and sell outs of various Toronto projects reflect the demand from first time buyers and also move-up buyers.

Confidence plays a big part in this real Estate turnaround with lower interest rates also helping along with more buyers than inventory.

New Bay Street Condos were increasing at $7.000 per week for several weeks in September at a popular Bay Bloor project.

Figures released by the Toronto Real Estate Board for september showed resales moving forward in resale price and sales.

Projecting ahead, the Toronto average resale price is expected to climb this year by 1% to 2% when prior indications were it was to drop substantially.

The City of Toronto saw sales of 3,341 for September 2009, with the average resale price of $437,182 up almost 11 per cent from September 2008.

Related Posts:

Central Toronto Condos September Sales

Toronto Real Estate September Sales Rebound

Yorkville Condos Increase In Price

Posted by: torontocondo | October 6, 2009

Toronto Real Estate September Sales Rebound

The Toronto Real Estate Board reported 8,196 resales, up 28 per cent from September 2008.

Prices for Toronto Condos in the Central districts of  Toronto we follow, were all  showing  positive gains, from September, a year ago.

Condos in the Central Toronto Real Estate Districts( C01, C14 ) increased 10.7 and 9.5 per cent in average price, from one year ago. The Central Condo districts below , all showed positive results .

Luxury Toronto Condos in ( C02 ) Central district averaged $752,806, up 45 per cent from September, 2008

The average price for all Toronto Real Estate September transactions, including the GTA , was $406,877  up by 10 per cent, from the same month, a year ago. Year to date re-sales of 66,437  have an average price of $388,417  up  1.5 per cent. 

The average price statistics of Toronto Condos in several Toronto Downtown and Central Real Estate districts for September, 2009 were as follows:

District September 2008 September 2009 Change %
C01 339,625 380,308 +10.7
C07 290,333 310,876 +7.1
C08 328,217 347,651 +6.0
C14 297,296 325,481 +9.5
C15 310,199 319,928 +3.1

 

 

 

 

 

 

More Toronto Real Estate prices and sales for all the Toronto districts can be found on the updated Torontohomeandcondo.com Marketwatch section of our Toronto Real Estate website that includes new and resale  Toronto Condos, Lofts, Town-homes and Homes for sale.

Related Posts:

Toronto’s Highest Condos

Toronto Condos Downtown

New Toronto Condos South Of Bloor

Posted by: torontocondo | September 28, 2009

Toronto Real Estate August Results Exciting

Toronto Real Estate posted the third straight month with annual sales increases over 27 per cent. Even the average Toronto home price continued in an upward trend, growing 6 per cent from August 2008.

More exciting after such a rough winter, the GTA resale market has improved in both sales and average price for the first eight months of 2009, above the levels during the same period in 2008.

Some of the factors contributing to this Toronto Real Estate turnaround:

  • Lower borrowing costs
  • Monetary stimulus from The Bank Of Canada
  • Trade-up home buyers
  • First time buyers
  • Pent up demand from buyers waiting on the sidelines
  • People more confident in their employment outlook
  • More buyers reacting to strong summer Toronto Real Estate Sales figures
  • Consumers continuing to view Real Estate in Toronto as a positive long term investment

Related Posts:

Toronto New Home And Condo August Sales

Toronto Condos Resales August 2009

Older Posts »

Categories