Kirby Chan's Blog

A Real Estate Sales Representative Serving Greater Toronto. Search MLS Listings, Find Homes For Sale and Sell Your Home.


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North York Bungalows / Vacant Land

Location: North York – Between Yonge Street and Bayview Avenue, North of Highway 401.

Type – Bungalows

Use – Many North York bungalows are still livable, but many are being torn down and bought as vacant land to build custom homes. Many buy them as investments and rent them out.

Active Listings – click here –

Statistics

Statistics & Counts

Field Count Mean
(Average)
Median Mode Low High
List Price 47 $654,657 $638,000 $638,000 $475,000 $950,000
Original Price 47 $666,174 $649,000 $728,000 $475,000 $950,000
Sold Price 0 n / a n / a n / a n / a n / a
% List 0 n / a n / a n / a n / a n / a
Taxes 41 $3,811 $3,727 3980.9 $2,834.75 $5,240.79
Bedrooms 46 3 3 3 2 4
Washrooms 47 2.4 2 2 1 7
Days On Market 0 n / a n / a n / a n / a n / a

Prices range from $475,000 to $950,000.

Premium streets can carry a 10% premium over the average price. Bungalows in the Mckee School District / Earl Haig School District are usually in higher demand and in turn command a higher price

Are you thinking of Buying or Selling a home and would like to discuss your options?
Contact Me, Just Click Here
or call me directly at (416) 305-8008.

Kirby Chan
Sales Representative
416-305-8008
Web : http://www.KirbyChan.com
Email : Info@KirbyChan.com

___________________
Keller Williams Real Estate Service
17 Church Street, North York, On

Free Real Estate Reports for Buyers and Sellers
Find Out What Your Home is Worth
5 Tips to Higher Sale Prices
Search Homes “For Sale” Using Map Search

It’s Easy To Contact Me, Just Click Here

 

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2,565 Resale Housing Transactions Shows Rate Of Decline Shrinking

TORONTO, March 19, 2009 – Greater Toronto REALTORS® announced 2,565 transactions in the first half of March compared to 3,183 during the same period last year. The annual rate of MLS® sales decline was the smallest in five months.

Mid-month March MLS® sales increased compared to the 2,044 sales experienced in the first half of February.

MLS® sales follow a recurring seasonal trend, with transactions generally increasing between January and May and then decreasing between June and December.

“As we move into the spring market, it appears that we are seeing stronger demand for ownership housing in the Greater Toronto Area,” said TREB President Maureen O’Neill. “Buyers are reacting to the market’s strong foundation of affordability.”

The average price for MLS® sales was $365,499 compared to $385,405 last year.

“Affordability has improved over the past few months due to a combination of lower home prices, near record lows for mortgage rates and rising earnings,”1 according to Jason Mercer, TREB’s Senior Manager of Market Analysis.

1Average weekly earnings for the Toronto CMA, as reported by Statistics Canada, have been rising on a year-over-year basis over the past year. For example, in February 2009, average weekly earnings rose by approximately 2.5 per cent compared to February 2008.
2009-stats

Are you thinking of Buying or Selling a home and would like to discuss your options?
Contact Me, Just Click Here
or call me directly at (416) 305-8008.

Kirby Chan
Sales Representative
416-305-8008
Web : http://www.KirbyChan.com
Email : Info@KirbyChan.com

___________________
Keller Williams Real Estate Service
17 Church Street, North York, On

Free Real Estate Reports for Buyers and Sellers
Find Out What Your Home is Worth
5 Tips to Higher Sale Prices
Search Homes “For Sale” Using Map Search

It’s Easy To Contact Me, Just Click Here



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Luxury home sales hold steady, but not for long.

Luxury home sales have outperformed virtually all other residential price points this year, but activity in the top-end is expected to taper in most major Canadian centres in coming months.

Given the transition occurring in most residential real estate markets, upper-end sales remain exceptionally strong.The market for luxury homes is usually the first to show pressure cracks, but the reverse is actually true this year, with pent-up demand (due to trade-up activity), less speculation, and job transfers all factors contributing to stability in this segment.However, uncertainty in financial markets both here and abroad is expected to give purchasers cause for concern in the immediate future.

The top-end of the market represents less than five per cent of total sales, but activity is generally a gauge of overall market conditions.Leading the country in terms of percentage increase in luxury home sales are Regina (up 306 per cent); Winnipeg (up 89 per cent); St. John’s ( up 78 per cent); Saskatoon (up 72 per cent); Kitchener-Waterloo (up 47 per cent); Ottawa (up 36 per cent); Halifax-Dartmouth (up 20 per cent); London (up 14 per cent); Greater Vancouver (up five per cent); and Victoria (up four per cent). Solid performance is likely a result of consumer confidence, particularly in provinces like Saskatchewan, Manitoba, Newfoundland, Nova Scotia, and parts of Ontario where solid economic fundamentals helped to bolster the number of homes sold in the upper-end.

If you are looking to buy a luxury home, 2009 maybe the year to get a good deal.

Market

Price Point

Sales/07

Sales/08

Luxury

All Res. % +/-

% +/-

Greater Vancouver

$2 million

370

390

5

-24

Victoria

$1 million

159

165

4

-18

Kelowna

$1 million

71

63

-11

-30

Edmonton

$850,000

110

67

-64

-23

Calgary

$1 million

312

258

-17

-30

Regina

$500,000

17

69

306

-11

Saskatoon

$500,000

11

19

72

-14

Winnipeg

$500,000

62

117

89

0.01

London

$350,000

383

435

14

-9

Kitchener-Waterloo

$500,000

128

188

47

-5

Hamilton-Burlington

$750,000

76

50

-34

-7

Greater Toronto

$1.5 million

505

487

-5

-13

Ottawa

$750,000

99

135

36

-3

Halifax-Dartmouth

$400,000

218

262

20

-7

St. John’s

$400,000

28

50

78

11

Source: RE/MAX, Local Real Estate Boards

Other highlights include:

 


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My blog is – https://kirbychan.wordpress.com
My website is – www.KirbyChan.com
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I am a member of the Toronto Real Estate Board (TREB) www.torontomls.net. I use Rogers wireless service and use bell internet service at home. I use gmail, yahoo mail and hotmail. I have a PS3 from playstation and a wii from nintendo. I drive a Mercedes Benz B200 from mercedes-benz. I live in a detached house with four bedrooms and 4 bathrooms. My basement is unfinished. My wife and I renovated our kitchen last year. Other minor renovations were interior paint, light fixtures, cornice mouldings, built-in cabinetry in Laundry and wallpaper from farrow & ball and romo fabrics. Please vist http://decor8blog.com/ for great interior design ideas. I would like my website and blog to be as popular as http://www.topagent.com/ and http://blog.topagent.com/

Kirby Chan
Sales Representative
416-305-8008
Web : http://www.KirbyChan.com
Email : Info@KirbyChan.com

___________________
Keller Williams Real Estate Service
17 Church Street, North York, On

Free Real Estate Reports for Buyers and Sellers
Find Out What Your Home is Worth
5 Tips to Higher Sale Prices
Search Homes “For Sale” Using Map Search

It’s Easy To Contact Me, Just Click Here