Realty 2014 – What guru says about Toronto’s housing market ?

Real Estate Cheat Sheet: what the experts are predicting for Toronto’s housing market in 2014

With the end of the year in sight, real estate experts are scrutinizing sales data, demographic trends and interest rates to try and divine what 2014 might bring for the Toronto market. Here, a few of the trends they’re expecting to surface.

Prices will still go up—but not quite as quickly.
Toronto house prices have historically appreciated about seven per cent a year on average. In 2014, they’re only projected to grow by 1.5 percent, according to a senior market analyst at the Canada Mortgage and Housing Corporation. The reason? The years of ultra-low mortgage rates are over, which will make many buyers think twice before they take on debt.

Millenials are poised to enter the market.
Fact one: the average age of a first-time buyer in the GTA is 37. Fact two: the echo boom generation is currently between 20 and 36 years old. That means the next few years will see hordes of millenials trying to make the leap from renter to homeowner—a shift that will have a deep impact on the market. (Don’t believe it? The mass of echo boomers currently living downtown has already sent rents skyrocketing and vacancy rates plummeting). Experts predict the shift will spur demand for affordable semis and townhouses in the downtown core and along transit lines.

The market will stagnate come spring. Or it won’t.
Sme experts believe that the usual December and January lull will be followed by an active spring market. Another contingent is convinced that the holiday doldrums will be worse than usual, and that things won’t improve in 2014. So, not very helpful.

People will keep moving from the suburbs to the core.
Pundits are much more confident predicting the continuation of the reverse migration from the suburbs to the downtown core. A survey of some 1,000 players in Canadian real estate by the Urban Land Institute and PricewaterhouseCoopers indicates that demand for office and retail spaces will also be strongest in the city centre—which may sound the death knell for suburban office parks that aren’t close to mass transit.

Read More @ http://www.torontolife.com/

Listings for Sun Nov 24

Open Map

C2763776 – M5P – 369 SPADINA RD Toronto, Ontario – $ 1,500,000

Price Change. Nov 24: $ 1,500,000 Nov 6: $ 1,580,000 Oct 17: $ 1,680,000
Large Three Storey 5 Plus 1 Bedroom In The Heart Of Forest Hill Village. Huge Living Room With Arts & Crafts Fireplace, Built In Seating And High …

C2763776 GoogleMap

C2781552 – M2R – 31 FLOOK LANE Toronto, Ontario – $ 716,000

Price Change. Nov 24: $ 716,000 Nov 10: $ 719,000
Show 10+++! Luxury Aspen Ridge 3 Storey Townhouse Loaded W/Over $ 35,000 In Upgrades Including Gourmet Kitchen, Centre Island W/Granite, New Hardwood …

C2781552 GoogleMap

C2785091 – M2N – 336 HOLLYWOOD AVE Toronto, Ontario – $ 1,258,000

Price Change. Nov 15: $ 1,098,000 Nov 24: $ 1,258,000
**In The Heart Of Hi-Demand Of Willowdale!!One Of The Best St,Location In Area!!-Great Opportunity To Own 50X131.50Ft,Georgeous Custom-Built Lot!! …

C2785091 GoogleMap

C2790159 – M2R – 21 MADAWASKA AVE Toronto, Ontario – $ 1,288,000

Magnificent 2 Storey Custom Built Home In The Heart Of North York. Recently Renovated. Close To Yonge Street, Centre Point Shopping Mall. Circular Oak …

C2790159 GoogleMap

C2790252 – M2J – 7 ALLENWOOD CRES Toronto, Ontario – $ 850,000

Solid Brick Bungalow On 67 Ft Lot In Quiet Alamosa Neighbourhood. Walking Distance To East Don Parkland W/Extensive Ravine Trails & Tennis Crts. Very …

C2790252 GoogleMap

C2790339 – M2N – 348 HILLCREST AVE Toronto, Ontario – $ 2,298,800

Spectacular Custom Built Home On Prime Lot 50 X133 In Hillcrest Avenue! Fantastic Architectural Lay-Out With Large Principal Rooms! 5 Bedrooms! …

C2790339 GoogleMap

C2790359 – M2R – 65 STONEDENE BLVD Toronto, Ontario – $ 738,000

All Beautiful, Lovingly Maintained & Renovated Family Home. Located In Desireable Child-Safe Crescent. This Spacious 4 Level Back Split Is Close To All …

C2790359 GoogleMap

C2790376 – M5M – 687 WOBURN AVE Toronto, Ontario – $ 3,480,000

Brand New Breath Taking Ultra Contemporary Multi Level Mansion In The Heart Of Bedford Park. Premium 60Ft Lot, Totally Custom Designed From Top To …

C2790376 GoogleMap

C2790404 – M6A – 99 REGINA AVE Toronto, Ontario – $ 709,000

Prime Bathrust & Lawrence Location, Solid 3 Bdrm. Bungalow On Treed Fenced In 50X132 Lot, Quiet Dead End One Way Street, Featuring Hardwood Floors, 2 …

C2790404 GoogleMap

C2790410 – M2N – 236 COLDSTREAM AVE Toronto, Ontario – $ 2,297,000

Dft!!!Reduced!Xtraordinary Custom Home!Meets Highest Standards Of Lux. Lifestyle!Prestigious Loc.Close To Ave.Rd!5+2 Br s!5Baths!4200Sq.Ft+Raised …

C2790410 GoogleMap

C2790417 – M5N – 507 CASTLEFIELD AVE Toronto, Ontario – $ 1,625,000

Three Floors Of Living Space In Demand Location. Large South Lot. Large Principle Rooms. Very Bright. Finished Basement. Two Walk-Outs To Landscaped Back …

C2790417 GoogleMap

C2790443 – M5M – 537 DOUGLAS AVE Toronto, Ontario – $ 2,088,000

A Spectacular, Elegant Showcase Home With Wonderful Proportions And Exquisite Finishes. Nestled In A Wonderful Neighborhood Close To All Amenities Ttc, …

C2790443 GoogleMap

E2762539 – M4C – 96 BARRINGTON AVE Toronto, Ontario – $ 549,900

Price Change. Nov 23: $ 549,000 Nov 24: $ 549,900 Nov 5: $ 575,000 Oct 16: $ 584,900
Bright, Spacious Home, Freshly Painted, Warm Wood Trim And Gleaming Hardwood Floors. 2nd Bathroom Floor Heated. 3rd Floor Living Space, High Basement …

E2762539 GoogleMap

E2771927 – M1G – 12 MERKLEY SQ Toronto, Ontario – $ 479,900

Price Change. Nov 24: $ 479,900 Nov 13: $ 499,000 Oct 27: $ 529,000
Spacious Bungalow! Renovated Stucco Front. Finished Deck In Yard. New Renovated Kitchens (Main+Bsmt) And Washroom, New Furnace (2012). …

E2771927 GoogleMap

E2780656 – M1P – 121 OMNI DR Toronto, Ontario – $ 399,000

Price Change. Nov 20: $ 328,000 Nov 9: $ 359,000 Nov 24: $ 399,000
A Fabulous, Bright And Spacious 4 Br Tridel Townhome In The Heart Of Scarborough. Walking Distance To Scarborough Town Centre,Ttc, Rapid Transit, Library, …

E2780656 GoogleMap

E2783715 – M1N – 44 COURCELETTE RD Toronto, Ontario – $ 1,699,900

Price Change. Nov 14: $ 1,599,000 Nov 24: $ 1,699,900
Courcelette School Area. Unique Beach Multiplex Steps From Queen Street. This Property Has Six Apartments With A Wonderful Blend Of Old And New. A Great …

E2783715 GoogleMap

E2790166 – M4L – 1544 DUNDAS ST E Toronto, Ontario – $ 597,000

Prime Leslieville Gem, Newly Renovated, Hardwood Floors Throughout, Granite Counters, Stainless Steel Appliances, Tasteful Design And Colour …

E2790166 GoogleMap

E2790194 – M1B – 68 PURVIS CRES Toronto, Ontario – $ 399,900

***Absolute Immaculate Condition***New Vinyl Siding***New Backsplash***Newly Renovated Basement***Newer Windows***Newer Furnace & Central Air ***New …

E2790194 GoogleMap

E2790229 – M4C – 451 MAIN ST Toronto, Ontario – $ 489,000

: Amazing Opportunity To Own A Spacious Detached Home W/Legal Parking On A Huge 146 Deep Lot! High 9 Ceilings On The First Level, Hardwood Floors In …

E2790229 GoogleMap

E2790244 – M1H – 153 GREENBRAE CRCT Toronto, Ontario – $ 428,990

Modern 3-Story Freehold Townshome By Sundance Homes In A High Demand Area. Approx 1811Sqft Of Sophistication & Style W/ An Open Concept …

E2790244 GoogleMap

E2790253 – M1S – 2800 MIDLAND AVE Toronto, Ontario – $ 369,900

Location!! Location!! Spacious 4 Bedroom Fully Hardwood Town House In High Demand Midland And Hunting Wood Area L-Shaped Living And Dining Room Eat In …

E2790253 GoogleMap

E2790259 – M1H – 139 GREENBRAE CRCT Toronto, Ontario – $ 461,990

:Modern 3-Story Freehold Townshome By Sundance Homes In A High Demand Area. Approx 1853Sqft Of Sophistication & Style W/ An Open Concept …

E2790259 GoogleMap

E2790288 – M1P – 33 DELBERT DR Toronto, Ontario – $ 474,900

Cul-De-Sac In A Dorset Park Neighbourhood. 3+1 Bedroom Bungalow In An Excellent Location. Separate Entrance To Basement With One Bedroom. Hardwood …

E2790288 GoogleMap

E2790289 – M1P – 33 DELBERT DR Toronto, Ontario – $ 474,900

Cul-De-Sac In A Dorset Park Neighborhood. 3+1 Bedroom Bungalow In An Excellent Location. Separate Entrance To Basement With One Bedroom. Hardwood …

E2790289 GoogleMap

E2790293 – M1J – 22 SHIER DR Toronto, Ontario – $ 437,000

Beautiful Detached Three Bed Room Home In High Demand Area Of Woburn With Three Car Parking. Hardwood Floor Through Out, Pot Lights, Spacious …

E2790293 GoogleMap

E2790314 – M1S – 23 HOSEYHILL CRES Toronto, Ontario – $ 699,000

Prestigious, Very Spacious 4 Bedroom Double Garage House At Sought After Huntingwood Location. Steps To Shopping Mall, Restaurants, …

E2790314 GoogleMap

E2790384 – M1V – 20 BRIMWOOD BLVD Toronto, Ontario – $ 333,000

*Beautifully Renovated 4 Bedroom Townhome Plus Finished 1 Beddroom W/O Basement* 1 Yr New Laminated Flr T/O 2nd Flr* Harwood Flr T/O Main Level* Master …

E2790384 GoogleMap

E2790395 – M1B – 130 FAWCETT TR Toronto, Ontario – $ 419,000

Beautiful Detached Home With Finished Bsmt & Side Entrance Within Short Walk To Ttc & 401,Closer To Public/Catholic/Ib French Immerasion School,1 Bus To …

E2790395 GoogleMap

E2790415 – M1S – 14 MARRAKESH DR Toronto, Ontario – $ 498,000

Mccowan Rd And Finch Ave Area. Great Agincourt Neighbourhood. Designer Granite Counter In Kitychen And Powder Room. Hardwood Floors Throughout …

E2790415 GoogleMap

E2790435 – M1B – 42 PINERY TR Toronto, Ontario – $ 245,880

This Lovely Stacked Townhouse Has Shiny Hardwood Floors And Natural Decor. The Living, Dining Room And Kitchen Are Open Concept. Walk …

E2790435 GoogleMap

E2790453 – M1J – 20 MACKINAC CRES Toronto, Ontario – $ 469,900

Great Location On A Quiet Cresent 3 Bedroom Bungelow Converted To 2 Bedroom Can Be Changed Back New Paint Insulation Patio Fence …

E2790453 GoogleMap

E2790462 – – $ 618,000

Excellent Location, Gorgeous 5+2 Bedroom Backsplit With 46 Feet Frontage In A Mature And Quiet Neighbourhood. Top Rated Schools(Elementary: …

E2790462

W2763767 – M6K – 12 LAIDLAW ST Toronto, Ontario – $ 419,800

Price Change. Nov 24: $ 419,800 Nov 13: $ 429,900 Oct 17: $ 439,900
Situated In King West Village, This 2 Bedroom Townhouse Is Sure To Please Everyone And A Rooftop Patio That Will Be The Envy Of All Your Friends. …

W2763767 GoogleMap

W2769395 – M3M – 22 MARYPORT AVE Toronto, Ontario – $ 689,000

Price Change. Nov 24: $ 689,000 Oct 24: $ 719,000
Thousands Spent Move In Condition Great Location. New Hardwood Flooring Throughout New Main Floor. Kitchen With Granite Counter Top,New Top To Bottom …

W2769395 GoogleMap

W2775358 – M8Y – 67 GUTHRIE AVE Toronto, Ontario – $ 450,000

Price Change. Nov 24: $ 450,000 Nov 1: $ 489,000
Condo Alternative. Lots Of Development In The Area With Amazing Appreciation On Home Values. Build Your Dream Home. Great Neighbourhood And Good …

W2775358 GoogleMap

W2790176 – M6N – 41 UXBRIDGE AVE Toronto, Ontario – $ 549,000

Detached 2 1/2 Storey Home In Good Condition. With 2 Kitchens And 2 Bathrooms It s Ideal For Two Families Or Two Separate Rental Units. …

W2790176 GoogleMap

W2790207 – M6S – 91 RIVERVIEW GDNS Toronto, Ontario – $ 979,900

Rarely Offered Classic Old Mill Home Overlooking The Humber River From A Private Hilltop Cul-De-Sac. Traditional Charm Throughout This Spacious Three …

W2790207 GoogleMap

W2790208 – M3N – 11 FORGE DR Toronto, Ontario – $ 459,990

A Beautiful 4 Bedroom Bungalow Located In The Black Creek Area. Very Quiet Neighborhood. Basement Finished …

W2790208 GoogleMap

W2790214 – M8W – 20 THIRTY-SECOND ST Toronto, Ontario – $ 950,000

Attention Builders, Contractors, And Renovatoers. Huge 37.50 X 135.50 Foot Lot With Large 2 Bedroom …

W2790214 GoogleMap

W2790251 – M9V – 29 SHALOM CRES Toronto, Ontario – $ 429,900

Welcome Home! Stunning 3 Bedrm, Upgraded Detach 2 Storey Home.Fully Renovated,Main Floor Feature Gleaming Laminate Flooring.Upgraded Kitchen With Glass …

W2790251 GoogleMap

W2790412 – M9A – 7 TYRE AVE Toronto, Ontario – $ 1,075,000

Magnificent 5 Level Residence Situated In Islington Village Just Steps To The Subway & Go Train Professionally Landscaped Grounds Quality Finishes Thru …

W2790412 GoogleMap

W2790465 – M9V – 24 MARLEBON RD Toronto, Ontario – $ 479,900

Immaculate, Seeing Is Believing! Renovated From Top To Bottom On A Quiet Family Cres In A Sought After Location.Modern Gourmet Kitchen With Glass …

W2790465 GoogleMap

W2790474 – M8Z – 793 OXFORD ST Toronto, Ontario – $ 629,900

Spectacular Renovation In This 3+2 Bdrm Bungalow. New Sub Floor And New Hardwood Floors Throughout. Enjoy Your New Custom Kitchen, Granite Counter Tops …

W2790474 GoogleMap

Leave a Reply

Your email address will not be published. Required fields are marked *