iListRealEstate Toronto Real Estate Blog

Selling Later in the Year? Start the Process Now Imagine you want to take the “trip of a lifetime” this fall. Would you leave it until the summer to start planning, booking dates, and generally getting ready? Probably not. A trip like that is a big deal. You’d want to start making arrangements now, so by the time you’re ready to go to the airport, everything will be set for you and your family to have a great time. The same is true when selling your home. If you... [read more]

TORONTO, ONTARIO, October 29, 2021 – Accelerating economic recovery from the pandemic has spurred renewed demand for rental accommodation in 2021. In the third quarter, there was a double-digit increase in the number of condominium apartment rental transactions reported through the Toronto Regional Real Estate Board’s (TRREB) MLS® System. Over the same period, tightening market conditions resulted in an increase in average rents across all unit types. Greater Toronto Area (GTA)... [read more]

A record 121,712 sales were reported through TRREB’s MLS System in 2021 – up 7.7 per cent from the previous 2016 high of 113,040 and up 28 per cent compared to 2020. Record demand last year was up against a constrained supply of listings, with new listings up by 6.2 per cent – a lesser annual rate than sales. The result was extremely tight market conditions and an all-time high average selling price of $1,095,475 – an increase of 17.8 per cent compared to the... [read more]

The top retail store chains invest heavily in creating just the right lighting to make their products look great. Why? They know that lighting makes a measureable difference to sales. The same is true when you sell your home. Lighting can make a big difference in the impression your home has on buyers. There are two types of light sources, manufactured and natural. You need to consider both when staging your home for sale. Think about the mood you want to create in each room. For... [read more]

How and Where to Look for Toronto Rentals There are two main ways to look for a rental in Toronto: on your own, or with the help of a real estate agent. There are tons of online resources to help potential tenants find a rental. Craigslist and Kijiji, while popular for finding an apartment, can be scam central. Make sure never to give a deposit before physically seeing the apartment and confirming that the person you’re talking to does, in fact, own it. And if it seems too good to... [read more]

Home sales reached a new record for the month of November, and the average selling price also reached a new all-time high. New listings were down substantially compared to last year for all market segments – further highlighting the inherent supply issue across all home types in the Greater Toronto Area. Toronto Realtors reported 9,017 home sales through TRREB’s MLS® System in November 2021 – 3.3 per cent above the November 2020 result, setting a new record. In... [read more]

  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]

Throughout the history of journalism, reporters would pride themselves on getting the “inside scoop” on a story. In fact, that’s where that expression came from. So imagine you’re shopping for a new home and click on a listing online. Up comes all the property information. But, chances are, there is more to the story of that property than is presented in that listing. For example, you might want to know more about: • The empty field behind the home. • The... [read more]