The landscape of the Toronto real estate market has drastically shifted in the second quarter of 2022 as a result of the sweeping economic controls the Bank of Canada has exerted over the past several months.
I've lived in Toronto essentially my whole life & have driven on the Gardiner Expressway/Don Valley Parkway thousands of times but this year I experienced it from a completely different perspective.
It seems that the super active, frantic buying season that we experienced at the beginning of the year is over but what should we expect to happen next?
Welcome to 433 Sackville St! This elegant 3 storey home was originally built in 1856 but was completely rebuilt in 1980.
While it's easy to point the blame at one particular generation for the current housing problems we are experiencing, there are various factors that have led us to where we are right now.
If you're scratching your head wondering what the $&*# is going on with the Toronto real estate market right now, you're not alone.
One of the biggest trends that we have seen on our website & within our client base over the past several years is people downsizing/right-sizing from their current home (usually detached or semi) and moving to a larger condo within the city.
2022 started off with an extremely strong market as the intense demand from Q4 2021 spilled into the new year but things seemed to have shifted a bit at the end of February.
This brick 2 storey Factory Hard Loft Conversion with Heritage Designation is not your average box in the sky! Built around 1911, this building has been utilized in many ways over the years with its last use as a Mattress Factory prior to the conversion in 2003 / 04.
The offer process to buy our Toronto condo was relatively simple compared to most people as we didn't have to compete in any multiple offer situations which made the whole experience much less stressful.
