Friday May the 18th, 2012

Orest M. Humeniuk
Sales Representative

RE/MAX 2000 Realty Inc.
Brokerage
Independently owned and operated.

1885 Wilson Avenue
Toronto, ON M9M 1A2

Toronto Real Estate

on Google+

Phone: Direct: 416-619-7695 Rentals: 647-933-7695

Welcome to the Toronto residences web site!

Here you will be able to search for your ideal home or condo. Feel free to search multiple listings for homes and condos throughout Toronto and the GTA by clicking on the map below.

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Using the map below, select which communities you want to search through. Communities are selected by clicking on the outlined areas. Some communities may need you to zoom in or move the map around. If you have difficulty finding a certain community try looking for it in the "Communities" dropdown list below. Once you have selected all the communities you are interested in click on "Search Listings" or add additional criteria such as price range using the form provided below the map.

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Bayview + Sheppard

$699,000

Click here for Home Inspection Summary Report .

Click here for more information.

To book a private showing call Orest at 416-619-7695

Well maintained
detached
3 Bedrooms
1 ½ Storeys
newer roof
newer doors and windows
sun porch.
hardwood under carpet
finished basement
large lot 50’ x 107’
garage
private driveway

on end of cul-de-sac quiet low traffic street
great family neighborhood.
walking distance to Sheppard Subway, parks + Bayview Village Mall

How's the Market?

Tight Market Pushes the Average Price above $500K

March 5, 2012 — Greater Toronto REALTORS® reported 7,032 sales in February 2012 – up 16 per cent compared to February 2011. New listings were also up over the same period, but by a lesser 11 per cent to 12,684. It is important to note that 2012 is a leap year, with one more day in February. Over the first 28 days of February, sales and new listings were up by ten per cent and six per cent respectively.

“With slightly more than two months of inventory in the Toronto Real Estate Board (TREB) market area, on average, it is not surprising that competition between buyers has exerted very strong upward pressure on the average selling price. Price growth will continue to be very strong until the market becomes better supplied,” said Toronto Real Estate Board President Richard Silver.

“It is important to note that both buyers and sellers are aware of current market conditions. This is evidenced by the fact that homes sold, on average, for 99 per cent of the asking price in February,” continued Silver.

The average selling price in the TREB market area was $502,508 in February – up 11 per cent compared to February 2011. The Composite MLS® Home Price Index for TREB, which provides a less volatile measure of price growth compared to the average price, was up by 7.3 per cent compared February 2011.

“If tight market conditions continue to result in higher than expected price growth as we move into the spring, expectations for 2012 as a whole will have to be revised upwards,” said Jason Mercer, TREB’s Senior Manager of Market Analysis. “While price growth remains strong, the average selling price remains affordable from a mortgage lending perspective for a household earning the average income in the GTA.”

Click here to see Full Report

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