One of Toronto's favourite summer pastimes is hanging out on a patio, but not all patios are created equal! Thankfully Toronto has enough rooftop and backyard patios to suit everyone's needs and you'll find a list of them below. Also included is a selection of great summer events to enjoy this month and Part-2 of a blog post related to what can go wrong when buying a house or condo.

The numbers are out for June sales and the news is mixed. Sales in the GTA were up by 16.5% compared to June 2022, despite fewer listings, resulting in an average selling price up by 3.2%. However, both the number of sales and the average price were down compared to May 2023. Toronto’s east end has proven to be the busiest part of the city with properties receiving, on average, between 105% and 113% of asking.

The good news is that Toronto's market is incredibly resilient and despite higher interest rates buyers are still entering the market. Though the Bank of Canada raised the key interest rate by another .25, we are unlikely to feel the results for several months.

As always, I thank you for your past and future business...and any referrals of friends or family you may have are greatly appreciated!

Check out www.be-at-home.com for exciting real estate opportunities!

Brian Elder
Sales Representative,
SAGE Real Estate Ltd., Brokerage
416-483-8000
Toronto Events for July
Summer is here and the city is ready to celebrate. Have a look at my list of terrific events to keep you entertained all month long, including Movies Under the Stars, the Honda Indy, Taste of the Middle East and BrazilFest.
39 of Toronto's Best Patios By Neighbourhood
In Toronto, patio season really is the best time of year. From lush rooftop terraces to cute backyard gardens encircled in twinkling lights, these are the best patios in Toronto to sip a cold one in the sunshine this summer.
One of the City’s Most Historic Concert Venues is Set to Reopen
One of Toronto’s most historic concert venues, located at 888 Yonge Street, has been known by various names throughout its rich history, including the Masonic Hall and legendary Rock Pile. Now, simply dubbed The Concert Hall, it is is set to reclaim its status as a premier music space.
Buying a House or Condo: What Could Go Wrong? (Part II)
Welcome to part two about what can go wrong when you’re buying a house. Among the many benefits of using a seasoned realtor like myself is that not only do I know when something doesn’t feel quite right, I know the questions that need to be asked in order to prevent problems from even occurring. Here's a look at some of the more unusual occurrences and how they can be thwarted.
Soaring City Views!
#22C - 86 Gerrard Street East: $679,900
Definitely a rare find in the heart of the core! Recently renovated, modern and super-sized, one bdrm, multi-level suite that feels like a home. Wood burning fireplace! Upper level primary bedroom retreat with private semi-ensuite. Lots of closet space and storage. Sun-soaked balcony with soaring west views that can't be beat. Intimate boutique-style lifestyle with only 52 suites. A very quiet building! Steps to Loblaws, Shopping, Transit, Ryerson, U of T, parks, the market and more.
Waldorf Astoria Lofts!
#203 - 88 Charles Street East: $509,900
Waldorf Astoria Lofts! This residential conversion gives warm vibes of yesteryear...and “Suite 203” shakes that up!! Completely gutted to the studs and remodelled with the most exacting eye for detail, this gem is a rare find. An aesthetic found in only the finest boutique-hotels. Don’t miss the wall of custom built-ins providing jaw-dropping storage options including a Murphy bed. Steps to transit, restaurants, shops, Yorkville, the ROM, financial core and more. As if that’s not enough, there’s also parking included, making this stunning studio/pied-a-terre a must-have!
Toronto Real Estate Board Market News
GTA REALTORS® reported 7,481 sales through TRREB’s MLS® System in June 2023 – up 16.5 per cent compared to June 2022. The number of listings was down by three per cent over the same period.
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NOT INTENDED TO SOLICIT BUYERS/SELLERS ALREADY UNDER CONTRACT.