Blog Posts

ICE Condos 2


Posted on Feb 23, 2021 in Condo Building Reviews

2020 Price Increase Forecast

We wanted to test the impact of COVID-19 over 2020 on Downtown condos. We picked Ice Condos because there were a significant number of sales and it has been at the centre of Airbnb rentals which have since been banned by the building because of COVID-19 and severely restricted by Toronto. We looked at 5 sales in 2021; 5 sales from September to the...

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2021 Toronto Real Estate Market Forecast

Posted on Jan 13, 2021 in Market Report

The impact of COVID-19 :  It created a tale of two markets – low rise versus condos. Low rise prices increased 15% and condo prices were down 10%. It moved the Spring market from April to July. Sales on TRREB at 93,000 units matched the seven -year average.

The printing of money and low interest rates : People wanted to spend. Trav...

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Aura Condos


Posted on Nov 24, 2020 in Condo Building Reviews

What we know is that Condo prices continued to rise from October through to February. With the COVID-19 lockdown, what was the impact after that point? We looked at three sales at the Aura Condos at 386 Yonge St:Downtown Condo Prices

Looking at the price/sf over 2020, it is only since June that prices have decreased about $50/sf. For an average sized Condo, the price de...

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Toronto Market Report - November/December 2020

Posted on Nov 22, 2020 in Market Report

Toronto Real Estate Year-Over-Year Summary
October showed 10,500 sales on TRREB. This was down about 5% from September but still up 25% from October a year ago. The delayed spring market continues with year-end sales expected to reach 92,000 units – the same volume as 2014 and 2017. We are still short of the record sales of over 100,000 which were achieved in 2015 and 2016...

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Toronto Market Report - October/November 2020

Posted on Oct 21, 2020 in Market Report

SALES COMMENTARY2020 Price Increase Forecast
The big news is that September sales on TRREB, at just over 11,000 units, was a record for the month. It was also 42% higher than for September 2019. As we previously reported, these numbers represent a strong Spring market (usually April, May, June). The reality is that year-to- date sales in 2020 are now equal to those of 2019. Th...

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Westlake, Phase II:


Posted on Sep 16, 2020 in Condo Building Reviews

2200 Lake Shore Blvd W.
With this Report, we are again looking at a specific condo and our focus is Westlake, Phase II. Registered in 2015, the condo sits at the intersection of Park Lawn and Lake Shore. Beneath the condo are retail stores including a Metro and Shoppers Drug Mart. The condo consists of 434 units in 44 storeys.

We looked at units that sold in 2020 from May...

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