Don’t let the season’s longer days go to waste, make the most out of the weather and head out on some local adventures. June is Pride Month, and the best resource for what’s happening is the Pride Toronto website.
The Toronto Real Estate Board has released the numbers for May. We are seeing the same trends we’ve seen over the past few months; more listings on the market than this time last year, and fewer sales. Prices are down slightly compared to last year, with the exception of townhouses. There are definitely opportunities for buyers, especially for those who need more space!
As predicted, the Bank of Canada has reduced the key interest rate by .25%. I don't think this will have an immediate impact on the market, but it should give confidence to buyers that interest rates have peaked and are on the way back down, though we won't see the rates go as low as they were in 2020 and 2021.
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
www.be-at-home.com
brian@be-at-home.com
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Luminato in the Square: On Until June 16 | |
Come and be part of the excitement of Luminato in the Square, where art, culture and community unite at David Pecaut Square. This vibrant hub offers free entry for attendees to take in concerts, performances, installations, interactive workshops and so much more! | |
The Best Gelato in Toronto | |
The best gelato in Toronto can sate your sweet tooth, cool you off, or just be the sexy, smooth companion to all your urban escapades. Velvety and rich, flavoured traditionally or in ways that would make nonna shriek, gelato is the dreamy comfort food you need this summer. | |
7 Iconic Buildings That Were Never Built | |
For every incredible structure that redefines a skyline or breaks a record, there’s just as many—if not more—iconic buildings that were never built. Here, Architectural Digest highlights a few of the world's most iconic almost projects. | |
Minimalist Kitchens: 13 Design Ideas | |
Kitchens are the hardest working room of any house; they have to embrace mess, clutter and cleaning in equal measure. However, if you're looking to embrace a more serene space, you can create a minimalist kitchen quite easily. Here are 13 minimalist kitchens to inspire your own. | |
Stylish radioCity Condo!
1108 - 285 Mutual Street: $919,900
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Rarely available, stylish 2 bedroom, south west, corner suite at radioCITY Condos! Beautifully renovated! Approximately 850 square feet, this city retreat is a sun-soaked, soft-loft style with exposed concrete, 9' ceilings, extra large expanded chef's kitchen, a private primary bedroom featuring 4-piece ensuite and lots of closet space, and an oversized balcony with bbq gas line. Don't miss the amazing amenities which include, 24-hr concierge, a 5-star gym and an entertainer's dream party room. Steps to groceries, transit, Eaton Centre, financial core, theatre, bars, restos and more. | |
Rare Investment Opportunity
138 Clarens Avenue: $1,399,000
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Rarest of opportunities to own a one-of-a-kind, 3-storey, detached, signature residence. Custom built with a modern aesthetic, this is a super bright, very care-free, low maintenance home for a savvy investor. Currently set up as three separate apartments, each with its own entrance, this home is perfect for keen investors looking to generate solid income but can also be easily be converted to single-family with income from the basement apartment. Offering almost 1700 square feet with third floor deck, parking off the lane, proximity to shopping, transit, parks and schools. | |
Toronto Real Estate Board Market News | |
Greater Toronto Area REALTORS® reported 7,013 home sales through TRREB’s MLS® System in May 2024 – a 21.7 per cent decline compared to 8,960 sales reported in May 2023. New listings entered into the MLS® System amounted to 18,612 – up by 21.1 per cent year-over-year. | |
NOT INTENDED TO SOLICIT
BUYERS/SELLERS ALREADY UNDER CONTRACT.
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