Toronto and Etobicoke Real Estate Home Sales for August 2020

Are you wondering how the Toronto and Etobicoke Real Estate Home Sales were in August 2020?

The numbers are in and I’ve got some great news for you, the real estate market continues to be HOT!

Toronto Real Estate Market Update

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Mimico and New Toronto Real Estate Monthly Report

Mimico and New Toronto Real Estate continues to be a very hot market!

There was a total of 107 homes sold last month in August. The average days on market it took to sell a home was 15 days. The majority of home sales took place in the Condominum segment with 78 sales!

August 2020 Sold Prices

Take a look at the average sales price for each home type in Mimico and New Toronto below.

Mimico and New Toronto Real Estate

Have you been thinking about buying a home in Mimico or New Toronto and not sure what to do first?  

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1375 Dupont St. #406 For Sale in The Junction

Rarely Available Extra Large 1 Bdrm Corner Loft! 748 Sq Ft + Walkout to 109 Sq Ft Oversized Balcony, Southwest Exposed Floor to Ceiling Windows, Bright with Lots of Natural Light! Upgraded Engineered Hardwood Floors, 4 Piece Ensuite with Granite Counter, Sliding Barn Door to Walk-In Closet Currently Used as Office, Extra 2 Piece  Powder Room, Deep Main Hall Closet with Extra Storage. Quiet Boutique Building with Visitor Parking, Cool Rooftop Deck & Community Garden, Spacious Free Party Room.

In The Heart of The Junction and Steps to Ttc, Shops, Restaurants, Parks!

Include: Fridge, Stove, B/I Dw, B/I Microwave, Washer, Dryer, Nest Thermostat and All Electrical Light Fixtures.

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2 Peach Tree Path, For Sale in Etobicoke

Have you seen 2 Peach Tree Path yet? Know someone looking for a Great Opportunity to Live in a Fabulous 2 Story 3  Bdrm 3 Bath End Unit Condo Townhouse!

Listed for $659,900! 

This is a Spacious Home with an Open Concept Living & Office Area – Great for Working From Home, Separate Dining Room with Juliette Balcony Overlooks Green Space, Updated Kitchen, 3 Beautifully Renovated Baths, 2nd Floor with All New Doors, Trim, Hardware, Energy Efficient Halogen Lighting, Stylish Vinyl Floors, Upgraded 200 Amp Panel All Done in 2019, Ground Floor Family Room with Walk-Out to Patio, Entry to House From Garage.

Well Maintained Building in a Family Friendly Complex,2 Mins To 401, Steps To Transit, Shopping, Schools, Parks…

Include: Fridge in Kitchen (2014), Stove, Built-in Dishwasher, Washer & Dryer (2014), All Electric Light Fixtures, All Window Coverings. 2nd Fridge in Garage, Gdo.

Hot Water Tank is a Rental

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Toronto and Etobicoke Real Estate Home Sales for June 2020

Are you wondering how the Toronto and Etobicoke Real Estate Home Sales were in June 2020?

The numbers are in and I’ve got some great news for you, the real estate market is bouncing back in a big way!

Toronto Real Estate Market Update

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2 Peach Tree Path, For Sale in Etobicoke

Great Opportunity to Live in a Fabulous 2 Story 3  Bdrm 3 Bath End Unit Condo Townhouse! Spacious Open Concept Living & Office Area – Great for Working From Home, Separate Dining Room with Juliette Balcony Overlooks Green Space, Updated Kitchen, 3 Beautifully Renovated Baths, 2nd Floor with All New Doors, Trim, Hardware, Energy Efficient Halogen Lighting, Stylish Vinyl Floors, Upgraded 200 Amp Panel All Done in 2019, Ground Floor Family Room with Walk-Out to Patio, Entry to House From Garage.

Well Maintained Building in a Family Friendly Complex,2 Mins To 401, Steps To Transit, Shopping, Schools, Parks…

Include: Fridge in Kitchen (2014), Stove, Built-in Dishwasher, Washer & Dryer (2014), All Electric Light Fixtures, All Window Coverings. 2nd Fridge in Garage, Gdo.

Hot Water Tank is a Rental

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Your Etobicoke Real Estate Market Housing Update

Welcome to your Etobicoke real estate market housing update. We are in the midst of our 9th week of isolation here in Etobicoke.  For those of you that are at home, are you getting the hang of it yet? I know it has turned a lot of people’s lives upside down and for others it’s business as usual if they were already working from home. 

For me working from home, surprisingly I have found my home to be a tad bit smaller than I realized throughout this quarantine? Have you found that? I’ll tell you one thing though, I am so very grateful to have a home as my refuge that I am healthy and safe in right now! 

If you haven’t heard by now, after a stellar 1st Quarter of real estate activity in the GTA that suggested a record breaking spring market was in store. The Coronavirus pandemic and resulting government health and safety measures abruptly changed everything! As expected, social distancing orders have quieted the market.

Etobicoke and Toronto Real Estate

What is in store for us in the coming months?

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Mimico and New Toronto Real Estate Monthly Report

What happened in the real estate market in Mimico and New Toronto last month? In the midst of the Covid 19 pandemic affecting us all, there were a total of 34 homes sold in April 2020. This represents a decrease of 67 homes since the month of March 2020. Interestingly sales in the GTA decreased 67% in the same month. See my post about it here

April 2020 Sold Prices

Take a look at the average sales price for each home type for Mimico and New Toronto.

Mimico and New Toronto Real Estate

As to be expected there was a decrease in the average sales price in the condo market segment. However the average price of a detached home is holding steady.

Have you been thinking about buying a home in Mimico or New Toronto and not sure what the future holds? 

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Toronto and Etobicoke Real Estate Home Sales for April 2020

As we continue our 8th week of isolation during the state of emergency, you may have concerns about how the real estate market is being impacted by Covid 19. Here is a break down of Toronto and Etobicoke Real Estate Home Sales for April 2020. 

Toronto Regional Real Estate Board President Michael Collins released the following key housing market statistics for April 2020:

Home Sales and Listings

As to be expected due to the state of emergency, there was a huge decrease in sales in the Greater Toronto Area as REALTORS® reported 2,975 residential transactions through TRREB’s MLS® System. This is down by 67% compared to April 2019 even though that isn’t even a fair comparison.

Weekday sales remained within a relatively steady range during the month of April averaging 130 per day.

New listings amounted to 6,174 in April also down on a year-over-year basis by a similar rate compared to sales (-64.1 %).

Etobicoke Real Estate

 

Read on to find out more about Toronto and Etobicoke Real Estate Home Sales for April 2020. 

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Amidst the Covid 19 Pandemic – Should you defer your mortgage?

What a drastic change from one month ago! Most of us are working from home and under some sort of quarantine. On top of daily updates about Covid 19 and our economic challenges, you are undoubtedly hearing about the effect on the current real estate market. Amidst the Covid-19 Pandemic you may be wondering if you should defer your mortgage?  

Etobicoke Real Estate

Let’s take a look at what happened this past March.

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