News

FESTIVAL TOWER: 80 JOHN STREET

Posted on Jul 17, 2019 in Condo Building Reviews

This month we looked at sales in the Festival Tower, the home to the Toronto Film Festival (TIFF) and Bell Lighthouse. The building is eight years old and is a ‘walk to anywhere’ location with superb amenities. The first unit we examined was a one bedroom + den with balcony and locker, but no parking. It faces north on a high floor. It sold in 2013...

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Condo Market Report - July/August 2019

Posted on Jul 15, 2019 in Market Report

SALES COMMENTARY

Year over Year Sales Comparison for JUNE
June sales on TREB were 8860 units. Even though they were 10% higher than June of last year, we now know how this year will unfold. May will be the peak sales month this year, and we will finish the year with 84,000 sales – 8% higher than 2018 and slightly less than 2010! The positives from this market are: 1) listings are running b...

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THE SPIRE: 33 LOMBARD ST

Posted on Jun 12, 2019 in Condo Building Reviews

In this issue, we looked at sales at The Spire, a 45 storey condo building at the corner of Church and Adelaide with a walk score of 100! Registered in 2007, it has been the most in demand condo east of Yonge. The first unit we looked at was a one-bedroom corner suite with parking, locker, and large balcony (just under 100 sf) with 9 ft ceilings, g...

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Condo Market Report - June/July 2019

Posted on Jun 10, 2019 in Market Report

SALES COMMENTARY

Year over Year Sales Comparison for MaySales for May on TREB reached 9,989 units (we predicted 10,000 earlier in May). That is 19% higher than May of 2018. But before anyone thinks we are back to a ‘boom’ market, realize that the average over the last ten years for sales in May was 10,300 units. Of more importance is to track the month over month growth in sales. For 201...

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PURE SPIRIT CONDOS: 33 Mill Street

Posted on May 02, 2019 in Condo Building Reviews

Located at the corner of Parliament and Mill Street, this 10-year-old condo marks the entrance to the Distillery District. This dual structure building has a tower and lower podium ending in a ‘V’. Besides access to the shops and restaurants of the cobble-stoned streets of the Distillery District, the building itself has many amenities and a 93 wal...

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Condo Market Report - April/May 2019

Posted on May 01, 2019 in Market Report


SALES COMMENTARY

Sales for March at 7200 units matched those of March of last year. What does that mean? If you had expected a bounce back from last year’s sales numbers, then you would be disappointed. Year-to-date, 2019 is dead even with 2018. Last year, we only reached the 8,000 monthly sales number by June. For 2019, we need to achieve a month o...

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