Thursday February the 23rd, 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

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

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$349,900 For Sale

Bed: 3+1, Baths: 3

3 bedroom upper 1 bedroom lower
This freehold townhouse is an excellent condo alternative no maintenance fees.

One bedroom in-law suite in basement currently rented at $675 per month. Upper unit potential rent $1,450. Live in one, rent the other or rent both.

Recently updated. Laminate floor throughout in upper unit. Gas fireplace in living room. Walkouts to balcony and to private patio. Ceramic in lower.

2 Parking spots. Separate laundry for upper and for lower.

Close to all amenities. Bus at the door.
more information

How's the Market?

Strong Sales/Price Growth to Continue in 2012

February 3, 2012 -- Greater Toronto REALTORS® reported 4,567 sales through the TorontoMLS® system in January 2012. This number was 8.8 per cent higher than the 4,199 sales reported in January 2011. Sales growth was strongest for low-rise home types in the regions surrounding the City of Toronto.

“A favourable affordability picture bolstered by very low posted fixed mortgage rates has kept home buyers confident in their ability to achieve the Canadian goal of home ownership,” said Toronto Real Estate Board President Richard Silver.

“The buyer pool remains diverse in the GTA with strong interest in home types across the pricing spectrum,” continued Silver.

The average selling price for January 2012 transactions was $463,534 – up by almost nine per cent compared to January 2011.

“Low inventory levels have kept competition between buyers strong, resulting in robust annual rates of price growth over the last year. Strong price growth is expected to attract more listings. A better supplied market should result in a slower rate of price growth, especially in the second half of 2012,” said Jason Mercer, the Toronto Real Estate Board’s Senior Manager of Market Analysis.

Click here to see Full Report

What about the mortgage?

Compare Canadian mortgage rates from banks, credit unions and mortgage companies.
Rate Showroom is a free service available to Canadians to compare mortgage rates of various lending institutions. It's your one-stop shop to get the facts and find the best product to meet your needs. more information

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