Alex Prasoulis

Selling a Commercial Property in Ontario

Friday Dec 3rd, 2021

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  Selling Your Commercial Real Estate Selling a commercial property is a complex and time consuming sales process. Their are many variables involved throughout the sale process. From the initial meeting with the client to discuss the clients goals to the visit to the property followed by the preparation of the marketing package and financial statements. It is important that sellers of commercial properties work with an experienced commercial broker in order to... [read more]

November 2019 Toronto Commercial Real Estate Report

Wednesday Nov 6th, 2019

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The Toronto Real Estate Board announced that TREB Commercial Network Members reported 6,295,432 square feet of leased space in Q3 2019 for all lease transactions types across the industrial, commercial/retail and office market segments. This result represented an 8.7 per cent decline compared to Q3 of 2019. Year-over-year changes in average per square foot net lease rates, for transactions with pricing disclosed, were mixed in Q3 2019. The average commercial/retail lease rate rose to $26.75... [read more]

November 2018 Toronto Real Estate Update

Saturday Dec 8th, 2018

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The Toronto Real Estate Board announced the continuation of moderate price growth in November 2018 compared to November 2017. The average selling price was up by 3.5 per cent year-over-year to $788,345.Greater Toronto Area REALTORS® reported 6,251 residential transactions through TREB's MLS® System in November 2018. This result was down by 14.7 per cent compared to November 2017. New listings were actually down more than sales on a year-over-year basis in November. This suggests... [read more]

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