Gta Sold Data - TORONTO REAL ESTATE SOLD PRICES

 What is the difference between a Toronto condo and an apartment? Condo refers to a type of ownership not a type of building. A Condos sold in Toronto usually takes the form of a high or low rise apartment style building. However, some condos could be in the form of a factory loft or town house. When you buy a Toronto Condo what are you actually buying? 1) The physical unit that has a title to the space. 2) A portion of the common elements in the building. This portion is a percentage relative to the size of your unit, the bigger your unit the higher percentage ownership you will have of the common elements. Common elements tend to include: elevators, hallways, the lobby and any other communal spaces i.e. gym, pool. 3) The use of exclusive-use common elements. Some of these may include a parking spot, locker, balcony etc. The rights to exclusive use elements come with the unit, so if a parking spot is sold separately from the unit than it is not considered an exclusive use common...

In a dramatic twist that reflected the turnaround in GTA market's new condo segment, sales figures hit new highs during the previous month. This is a strong indication that the market for new condo properties has shifted to high gear with sales skyrocketing to 1,658 for the previous month. This is more than double the number of condo properties that were unloaded from the inventory during the month of August this year. If you are planning to resettle or considering a new condo property in Toronto, it is essential that you properly understand the dynamics of this latest uptrend in the GTA real estate market before you even make final arrangements with a Toronto mover. So, how can we decipher and explain the details of this uptrend in the GTA real estate market, particularly this record-setting growth in sales of new condo properties? Of course, this is the time where we normally see our Toronto mover and real estate agent doing brisk business. Market analysts and industr...

Condos in downtown Toronto are always in high demand and can be sold for top value with the help of an experienced condo specialist team. If you are interested in buying or selling a downtown Toronto condo, remember that these condos are particularly attractive to working professionals, executives and real estate investors. The price for a prime resale condo in downtown Toronto ranges from $700 - $800 per square feet (resale condominiums). For a pre-construction, luxury condo in downtown Toronto, the price per square feet is between $850 to $1,000 per square foot, and is even higher for a super luxury building which includes projects such as the Four Seasons residences, One Bloor Street and The Trump Tower. Downtown Toronto condos near the University Line TTC Subway stations (Yonge-University Line) are very popular as well. Toronto offers a safe haven to condominium buyers who seek to invest their money in a stable environment. There are lower interest rates, low unemployment rates, ...