Welcome To The Colony Loft In One Of The Most Luxurious Buildings In Humber Bay Shores! Known For Its Stunning Lobby And Outstanding Amenities. This Gorgeous Unit Has A Very Functional Layout With Beautiful Finishes, High End Appliance’s, Custom Extra Storage Space In The Foyer, I0 Ft Ceilings, Freshly Painted, Bright And Spacious. This Up And Coming Area Has Many New Restaurants, Walk/Bike Trails To Dt/To, Lake Access, Ttc, Mimico Go, Two Airports Close By.
Toronto’s real estate market has been on the rise for years now.
Much to the chagrin of young prospective home buyers, Toronto is becoming one of the most desirable cities to live in all of North America. In the last decade, house prices have risen substantially as the bubble has shown barely any signs of slowing down.
That being said, there are still some hidden gems in Toronto and it still compares favorably to other huge American cities. Today, we’re to answer the question, “how much does it cost to buy a house in Toronto?”, and help you find the right neighborhoods to purchase your new dream home.
Real Estate In Toronto
Toronto is the biggest and most expensive city in Canada. There’s been such strong growth in the real estate market from year to year that it’s been difficult to predict where house prices will go next.
Houses may be getting more expensive, but people are still buying them up at record numbers. This makes it hard to predict where the market could go next, but we do know that it’s currently in great shape.
It owes its healthy market to a combination of factors. It has to do with things like interest rates and immigration, but most of all, it has to do with desire. People want to live in cities like Toronto, so the price of the house doesn’t really matter, so long as mortgages are available and interest rates are reasonable.
How Much Does It Cost to Buy a House In Toronto?
As of right now, the average price of a home in Toronto is about $989,000, which is up over 10% from this time last year. How much you pay for your house really depends on what area of the city you’re looking in. Houses in the GTA are going to be slightly more affordable than you’ll find in the heart of the city, but you can still find good neighborhoods within Toronto-proper that are available at decent prices.
The main thing to understand about buying a house in Toronto is that you have to cast a wide net. You may have dreams of living in the Beaches, but the Upper Beaches or the Danforth might be in a more suitable price range. Every part of Toronto is touched by this housing boom, so it’s important to find your little piece of the city to make the most of.
With an incredible transit system, the exact location of your house doesn’t matter quite as much as it might in other cities. Plus, there are great schools, restaurants, parks, and other amenities in almost every corner of Toronto.
Finding Your Dream Home In T.O.
So, how much does it cost to buy a house in Toronto?
It’s likely going to be your biggest expense, but purchasing a home in Toronto isn’t necessarily going to bankrupt you. Since we don’t know when this market is going to stop growing, it’s still a great time to buy in Toronto. Your house will more than likely increase in value in the coming years and with the city always growing, there will always be demand.
To find your dream home in the GTA, visit us at www.thepropertyteam.ca.
True Luxury Living In The Heart Of Central Etobicoke! This Brand New 4+1 Bed, 5 Bath Home Boasts The Highest Quality Finishings&Materials T/O With No Expense Spared. Heated Driveway&Stairs Walk Up To A Custom Front Door&Into An Open-Concept Space That Is Sure To Impress. Chef’s Kitchen Feats 100% Wood Cabinetry, Quartz Cts, High-End Apps&Looks Out To A Huge, Landscaped By. The Walk-Out Bsmt Feats A Theatre, Bar&5th Bdrm. Move-In Ready, An Absolute Must See!
3 Marine Parade Dr
Square Footage: 600-699
Luxury Retirement 1 Bedroom Condo. Independent Retirement Living With Many Seniors Services Available, Including 24/7 Access To Nursing Staff, Restaurant Vouchers, Housekeeping, Fitness Classes, Theater, Shuttle Bus, Private Dining Room, Library, Indoor Pool, Etc.! See Attached List. All The Services Of A Rental Retirement Home While Owning Your Own Suite With Full Kitchen, Ensuite Laundry, Sunroom And Open Balcony! Steps To Lake, Restaurants, Shops & Ttc.
Welcome To The Soho Residence, In The Core Of Downtown Toronto. Fabulous Spacious Unit At 660 Sqft, With Soaring 10Ft Ceilings. Separate Dining And Living Space, With A Functional Kitchen/ Breakfast Bar. Massive Master Bedroom. Freshly Painted, Move In Ready. Rarely Offered, Comes With One Parking Spot! Walking Distance To The Rogers Centre And Cn Tower. Uft And Ryerson University Close By. Quiet Building, A Perfect Place To Call Home!
Are you thinking of making a move from apartment living, and you’re trying to figure out what the benefits of condo living are? If so, we’re glad you’ve chosen to stop by today because we’re going to list some of the main benefits of condos.
Don’t stop reading now; continue for these need to know benefits and make the change today!
1. Better Amenities
We all know that when you visit an apartment’s websites, they list all of the amenities that come with living there. And then you move in, and the amenities always seem to be closed or broken.
When you move into a condo you typically have access to better amenities that you’ll have access to at all times, whether you want to visit the movie room one night or enjoy the spacious swimming pool that is offered to residents.
2. Low Maintenance Responsibilities
When you live in some places, you’ve got to worry about maintaining the home yourself, including necessary repairs and taking care of the front lawn. But, when you live in a condo, other people take care of that for you.
You’ll get to spend more time doing things that you want to do versus wasting time with maintenance chores.
3. Increased Security
When you live in a condo vs. apartment, your sense of security will improve.
Most condos have security systems that protect every corner of your home, which is ideal if you don’t plan on spending all of your time in the home. When you’re travelling, you can be rest assured that the home is protected and safeguarded from outside threats.
4. Better Locations
When it comes to condos, you can always expect to be located in the best areas. You’ll be close enough that you can access all major shopping, grocery, and entertainment areas.
Condo Living: Made Easy
When it comes to condo living, there are many benefits that you’re not going to want to miss out on. From increased security to better quality amenities for those that live there, you’re going to have it all.
If you’re looking for your next condo and need a little help, contact The Property Team. We have the knowledge and expertise to find you and your family a condo that fits all of your needs.
Welcome To 130 Lake Cres,A Stunning Custom Designed 4 Bed, 5 Bath Home Featuring Unparalleled Craftsmanship & Top Quality Finishes Located Just Steps From Lake Ontario! Featuring 12 Feet Ceilings On The Main Floor, Gorgeous Open Concept Chefs Kitchen Featuring Slate Counter Tops, Functional Island & Cabinetry, Top Of The Line Wolf, Miele & Subzero Appliances, & Walkout To Rear Deck And Backyard. Master Bed Features A Balcony, Substantial Closet Space & Spa
30 Grand Trunk Cres
Square Footage: 600-699
This Excellent Investment Condo Is Located In The Heart Of The Action With Many Nearby Offices, Restaurants And Tourist Attractions. Situated In The Southside Financial District. Walk To Scotiabank Arena, Rogers Centre, Cn Tower, Union Station And Waterfront, Terrific Functional Floor Plan Does So Much With 653 Sq Ft. Large Chef Kitchen, Useful Den Space, Full Bathroom And Bedroom With Double Closet Space. Two Walkouts To 110Sq Ft Balcony, Great Floors!
1323 Thornhill Dr
Square Footage: 3000-3500
Desirable Bronte East Address! An Oversized Lot 75 X 150Ft That Will Soon Have A Flawlessly Finished New Build Home. Over 4100 Sq Ft Of Above-Grade Space. Immaculately Built With The Finest Products, Spray Foam Insulated T/Out. Oversized Double Car Garage Can Be Converted Into 3(2 Tandem). A Fine Built With A Super Functional Layout. Select Your Own Finishes And Have The Home You’ve Always Dreamed Of.
Welcome To 1 Westmount Park Road: A Breathtaking Designer-Live-Work Luxury Home That Will Exceed Your Expectations. This Dream Home Boasts Of Five Bdrms, 7 Baths, Stunning Chef’s Kitchen, Remarkable Master Bedroom W Spa-Like Ensuite, Private Office, Exercise Room & Nanny Suite. Walk-Out To A Professionally Landscaped Backyard Oasis With An Outdoor Kitchen, Covered Gazebo, Inground Pool W Washroom. The List Goes On…