New Condos Market - Aug. 2011

If you are a friend of my Facebook, it is not news that we share new condo sales data periodically.  RealNet is the data source.  The August 2011 statistic has become available.

This Aug. is the best Aug. in the last 12 years (the whole Chinese zodiac cycle).  2,011 new GTA high rises were sold.  That is +105% of last August.  We see 18,055 condos sales in the first 8 months.  It is the best performing Jan.-Aug. in the record.  If the trend goes on, 2011 could make new milestone.


Based on the chart above, you can see the remaining inventory (supplies) is at the lowest since 2007.  You also know that 1 Bedroom + Den condo is the configuration with the most sales.

The average GTA new condo price was $580 per sq.ft., +8% from Aug. 2010.  Among 20 GTA submarkets, Bloor - Yonge new condos fetch the highest price, followed by Downtown Core, Yonge - St Clair, Central Waterfront and North Toronto ... etc.  (refer to the chart on the right)


We will make an effort to keep you abreast of the GTA new condo market here.  Should be interested in getting the latest new condo news, write us with your email address, we will include you in the notification list.


GTA is going urban.

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THANK YOU

Dear friends, 

This is the time to harvest,

                the time to gather,

                      the time to rejoice; and most importantly

                            the time to THANK YOU for 

                                 your support, kindness and friendship

                                      throughout all seasons.

Thank you for being there for us.  We truly appreciate.

Choose To Work With Me

Quarter began.  We greeted the Q4 with a round of flyer named "Choose To Work With Me" at an area.  Did it reach you?  What do you think?

Of course, this cannot be done without my wonderful clients who are willing to provide us with their invaluable testimonials.  If you haven't, watch them here.

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Talk about Homes on WOW tv

It is a very small world even in the Greater Toronto Area.  I went into an old colleague from '90s, when my family first immigrated here.  She went: "Was it you on WOWtv last week?  Where can watch more?"

The answers are "Yes" and "YouTube".  We put together list of appearances, interviewed in Cantonese with the corresponding links.

DATE            PROGRAM           TOPIC / LINK

2011.09.28  活在五點(Life@5)   買賣樓花知多少(About purchasing preconstruction condos)
2011.08.17  活在五點(Life@5)   專家教您選購新Condo(Tips on buying new condos)
2011.04.06  活在五點(Life@5)   房屋校網區及其升值潛力 (Home's school zone & price impact)

2011.04.06  晨早360 (BT360)    新區介紹 : 萬錦Cornell (Neighbourhood briefing: Cornell)

2011.03.09  晨早360 (BT360)    訂造屋例子: North York (A custom built home in North York)

2010.08.18  晨早360 (BT360)    讓房屋升值的佈置 (Staging)  

2010.06.30  晨早360 (BT360)    新區介紹 : 萬錦Greensborough  (Neighbourhood briefing: Greensborough) 

2010.06.01  晨早360 (BT360)    如何選擇有潛力的房屋 (Tips on shopping for potential home)

2010.05.25  晨早360 (BT360)    如何裝修佈置達取好價 I (Staging II)

2010.05.06  晨早360 (BT360)    如何裝修佈置達取好價 I (Staging I)

2010.04.22  晨早360 (BT360)    如何舊樓番新圖利 (Flipping old houses)

We will update this list from time to time.  Our YouTube channel and the WOWtv playlist will keep you current.  Enjoy.


Thank WOWtv for the opportunities.

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Living & Fulfilling Your Dream of Home-Ownershop at 103 Purvis Cres.

GTA average home price has appreciated 20-fold since TREB tracked this data 44 years ago.  As we covered, the average home price was $21,360 and it was $451,663 last month (August 2011).  This may well be why 81% surveyed find it increasingly difficult to fulfill their home ownership dream.


The featured 103 Purvis Cres. in Malvern perhaps is the gateway to your dream.  This well kept semi-detached comes with 4 bedroooms, large solarium, parking space for up to 5 vehicles and, of course, a lot of interior upgrades.  (Check the slides underneath)  With Hwy 401 and TTC nearby and fully established community facilities, this definitely makes a great home to any family.

For details of 103 Purvis Cres., refer to the MLS E2204876.


Correct!  You didn't read it wrong.  Thanks to the very reasonable sellers, this all-rounded home is priced only at $369,900.  


How to seize this deal?  Lets start by booking a showing.


Living & Fulfilling Your Dream of Home-Ownership
at 103 Purvis Cres., Toronto

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Happy Mid-Autumn Festival

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New Condos - YORKVILLE PLAZA, Toronto

As Toronto Star reported, Yorkville is Canada 's most prestigious shopping area.  It is the 20th most expensive retail area in the world.


Imagine... a life set in the midst of all the glamours and vibrance - the centre of a prime cosmopolitan city centre.


Now it is possible.  The New Residences of Yorkville Plaza, Avenue Rd and Bloor St, is the place.  The iconic Four Seasons Yorkville Hotel reincarnated with a contemporary 2-storey glass podium of premium retails; and the tower redressed with iconic precast and glass clad that will alter the building appearance from day to night.

New Condos Project: Yorkville Plaza
Location: 21 Avenue Rd.
Developer: Camrost-Felcorp
Architect: WZMH Architects
Interior Design: The Design Agency
Storeys: 31
Target Occupancy: Sep. 2014



Here are the Features & Finishes. There are various configurations of 1 bedroom unit and a 2 bedrooms type.  The price starts at $333,900 including HST, locker and 6 appliances.

This is the most sought-after location.  All eyes are on the project. If you wish to become an owner of this ultimately cosmopolitan address, CONTACT US for our brokerage has some exclusive suites.

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