Don Valley East will disappear

Tuesday Mar 21st, 2023

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Don't take this lightly: Don Valley East will be joined with Scarborough Central, Don Valley North, Don Valley South. Should your area be joined with Scarborough Central the value of your property will be affected ( not positively). There is a meeting tomorrow March 22 at 7:00pm at the Jubilee Church (Underhill Dr.) Our MP Michael Coteau will be present. Make your voice be heard. Check it out: www.savedve.ca Save Don Valley East [read more]

Real Estate Stats December 2022 Parkwoods-Donalda

Wednesday Jan 11th, 2023

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Parkwoods-Donalda Stats December 2022

The real estate statistic for the Parkwoods-Donalda area are very interesting. Monthly we are reporting the number of sales, highest price and lowest price, median price of different styles of homes and how many homes are for sale right now in Parkwoods-Donalda. In comparing the number of sales from December 2022 to the month before (November of 2022) there were 37.5% fewer homes sold. In December of 2021 four times as many homes were sold. Usually December is a little slower in terms... [read more]

August 2022 in Real Estate Numbers

Monday Sep 5th, 2022

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As expected the real estate numbers for August 2022 paint a dull picture for home sellers. In comparison to last month there were 33.34% few detached homes sold. This seems to be a big number, but in actual units it is not so bad. In July of 2022 -  6 detached homes sold and in August 2022 only 4 homes. The median price of detached homes went down by 7.77%, of semis by 7.17% and of condos by 19.48%. Right now it takes longer to sell homes. The months of inventory for detached homes... [read more]

Month of June in Real Estate Numbers

Sunday Jul 10th, 2022

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Real Estate Stats for June 2022. Please keep in mind that these stats are for a very specific area - Parkwoods-Donalda. Would you like to have your area analyzed? Please let me know 647-297-9700 The Real Estate numbers for Parkwoods-Donalda for June 2022 tell an interesting story. The month of inventory ( this is how long it would take to sell all homes on the market if no new listings would be added) is up by 140% for detached homes, 25% up for semis and 185.71% up for condos. There are... [read more]

Month of May in Real Estate Number - Parkwoods- Donalda

Tuesday Jun 7th, 2022

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May statistics for the Parkwoods-Donalda. Comparing to April numbers 58.3% more units were sold.  However the median sold prices of detached homes (-1.32%), semis  (-10%) and condos (10.25%) went down a little. Semis and condos had the biggest adjustments. In general there are fewer showings on listings and also fewer offers. Key is pricing the home right from the beginning. Contact us for more info. The month of inventory is low across the board. A balanced market is... [read more]

Market Adjustment - minor changes

Wednesday May 4th, 2022

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Keep in mind that these stats are from a relatively small area - Parwoods-Donalda. The number of sales in April are down by 58.63% from the month before. In March there were more than double as many homes sold in the area. That is an unusual dip for April - Spring time. Home buyers and home seller are less eager to make a move, influenced by the interest rate hike, rise in cost of living and last but not least the war.  The lowest sales price of a detached home was down by... [read more]

Happy Earth Day

Friday Apr 22nd, 2022

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Significance of Earth Day 2022 Earth Day is an event observed annually on April 22. It is a day held to demonstrate and promote environmental awareness and calls for the protection of our planet. Today, Earth Day, 2022 is celebrated in more than 193 countries each year. You might think protecting the Earth is a monumental task. But there are many things we can all do to make a difference. Even small changes can have a big impact. 15 Things You Can Do To Protect The Earth Weather... [read more]

Parkwoods-Donalda March 2022 Stats

Wednesday Apr 6th, 2022

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The winners were detached homes in March of 2022. More detached homes were sold than the previous month and the median price increased by 16.2%. Fewer semi detached homes were sold and the median price decreased slightly. The exact same number of town homes were sold but the median price decreased by 5.5%. More condos were sold yet the median price decreased by 4.1%.  We saw fewer showing on listings and also fewer offers. Consumers needed to absorb lots of news ( war, interest rates... [read more]

What's going on? February Stats

Tuesday Mar 8th, 2022

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Interesting numbers for February 2022 in Parkwoods-Donalda. The biggest winners are townhouses  with an increase of median prices of 23.8% from the month before (January 2022). Followed by semi detached homes ( + 5,5%) and condos (+4.7%). The highest selling price of a detached home increased by 19,7% - however the median price of detached homes decreases by 11.63 %. Months of inventory  (shows us how long it would take until all homes currently on the market... [read more]

November Stats for Parkwoods-Donalda

Friday Dec 3rd, 2021

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Interesting Stats for the month of November in the area. The median price of detached home and condos declined a little bit, while the median price of semis went up by 3.4%. There are fewer home for sale than last month, which is very normal for the month of December, when home sellers and home buyers rather engage in the Holiday activities.   [read more]

October Real Estate Stats

Friday Nov 5th, 2021

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October 2021 Stats: Prices of condos, semis and detached homes went up slightly, compared to September of 2021. More units sold (1.35%). Looking  to buy in the area? There are a few great homes for sale.  With Toronto's House prices soaring, 87  Crab Apple Way offers a fantastic deal. Renovated from top to bottom, 3 bedrooms, 3 washrooms. Asking $798,000. Curious? Give us a call and have a look.      [read more]

Sold: Oak Tree for $780,000

Saturday Oct 16th, 2021

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Sold: Oak Tree for $780,000   Toronto, a  house with a 250 year old oak tree was sold to the city in December of 2019. The plan is  to demolish the house and make a park / parquet for people to marvel about the old historic oak tree. Half of the purchase price should have been raised in donations by the community within a year.    The owners now think they could get more money for the lot and wanted to get out of the deal, which is now set to close December... [read more]

Iceberg What? Yes, an Iceberg House

Thursday Oct 7th, 2021

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Would you like to live in an Iceberg House?    No, it is not a cold place without heating made of ice.    Picture an iceberg - bigger under water than above.   That is the idea of an Iceberg house. What you see is just a small part of what the house has to offer.    In London (England) one can see (the above ground part only) these homes.  Picture a 2 storey home. One level features the living room, dining room, kitchen and family... [read more]

People wondered: Should we sell? They were glad they did!

Wednesday Oct 6th, 2021

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Prices remain strong. 26.67 % more homes were sold in September than in August. The winner: condos, the median price rose by 20,32%. The median price of semis went up by 1,73%. While there were alost three times as many detached homes sold in September than in August, the median price decreased slightly (by 5,54%). See the details below. Many home owners were not sure if this is was the right time to get a home ready for sale and make such a big move, but were happy they did.... [read more]

Make sure not to advertise that your home is vacant

Friday Sep 24th, 2021

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Walking into a home that is fully lit feels inviting and comfortable.    Home sellers are instructed by their agents to switch lights on and open curtains and blinds for all showings.  But what if the seller no longer lives in the house to do so?  And what if no friend or neighbour can be found to do that for the seller?    A professional Realtor would step in. Not only to turn on all lights and open blinds for showings but also to switch the lights off... [read more]

A House that No One wants.

Tuesday Aug 17th, 2021

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A House that No One wants.   The Toronto Real Estate Market is a hot seller’s market. Low inventory and lots of buyers drive up prices.  Every house sells fast! Or does it?    Why do some homes not sell in a hot market?    A home in Parkwoods-Donalda came on the market for $1,498,000 and allowed 12 days before looking at offers. After 14 days the results were not satisfactory to the seller. The house was re-listed for $1,890,000.  The... [read more]

July: Real Estate Stats for Parkwoods-Donalda

Monday Aug 9th, 2021

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July 2021 was a little slower month in terms of Real Estate Numbers in comparison to June. Traditionally that is the case for the summer months. There were fewer (26.32%) sales. The median selling price was up in comparison to June for detached and semi- detached homes. The median condo selling price went down a little.     July: Real Estate Stats for Parkwoods-Donalda    [read more]

Are home buyers and homes sellers on a summer break?

Sunday Jul 18th, 2021

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So far only 4 homes sold this month in the Parkwoods-Donalda neighbourhood.  50% sold at or over the asking price.   Last month at this time there were 16 homes sold and 62.5% sold at or over the asking price.  Looks like the sellers as well as the buyers  take a little break and enjoy the summer time. Traditionally spring and autum are more active real estate markets.  Enjoy the summer - Martina      [read more]

Market Update - Stats for June

Wednesday Jul 7th, 2021

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June was less active, there were 36.7% fewer sales than in May. The median price of a detached home went up by 10.91 % in comparison to May 2021. The average price of a semidetached home and a condominium  slightly decreased.  As in May, there were no townhomes sold in June.  [read more]

Market news and stats for May 2021

Wednesday Jun 9th, 2021

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The biggest change in number of sales and prices was seen in the condominium market. There were more than twice as many sale in May than in April and the median price from $524,500 in April went up to $602,000 in May. Both, detached homes and semi-detached homes, saw a slight price decrease in May in comparison to April . It is noted that in same areas not as many buyers make an offer on offer date.  Effective June 1st, the minimum qualifying rate of residential mortgages is the greater... [read more]

Real Estate Market Trends - months of inventory

Friday Apr 16th, 2021

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How many home buyers are looking to purchase a home? How fast are the homes selling? Following the stats of months of inventory gives us a good idea where the market is moving. If it take around 3 month to sell all the homes that are on the market (without new listings coming to the market) we are in a balanced market. If the inventory sells out faster we are in a seller's market, if it takes longer than three month we are in a buyer's market. Below are the numbers for... [read more]

March Stats for parkwoods-Donalda

Monday Apr 5th, 2021

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Below are the March 2021 Stats for Parkwoods- Donalda. In all  four housing types there were more sales in March than in February. It will be intersting to see if more sellers will "cash-in" on the great seller's market and put their homes up for sale. For more detailed information - give us a call. As always: We love to hear from you.  [read more]

Our life styles have changed and with that the housing needs.

Thursday Mar 25th, 2021

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One fine morning a big bulldozer demolished a house on our street.     One could not help but reflect on the history of this home and the owner who had purchased the house from the builder in 1960.  The couple, who lived there until 2015, raised their children in the three bedroom bungalow.  Over the forty-five years the house saw the kids grow up, heard the laughter at the dinner table, saw the owner taking care of the garden, placing bird feeders in the winter time,... [read more]

More Sales / Higher Prices

Sunday Mar 7th, 2021

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The home sellers must love these number - the homes buyers not so much.  The number of units sold went up by 54% in comparison to the month before. In all style of homes, detached homes, semidetached home  and condominiums ( there were not townhomes sold in the area) the median price went up. The biggest winner were the detached home with a price increase of 20%. Followed by the semidetached homes with an increase of 15% and the condominiums with an increase of 6% . More... [read more]

Buyer's or Seller's Market?

Wednesday Feb 24th, 2021

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In case you are not sure what kind of rea estate market we are currently experiencing, here are a few hints - read below. Buyers right now are very frustrated, there are just not enough homes for sale. The interest rates are great, but there is no inventory. When a house comes on the market, usually offers are held off until a certain day,  Sellers are in the lucky position to choose between many offers. If you have been thinking of selling your home - now is the time. You will be... [read more]

Hot, Hot, Hot Real Estate Market

Thursday Feb 18th, 2021

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So far this month in Parkwoods-Donala 12 homes sold. All but 2 went over asking. Short supply of listings drives up the prices.  Have you been plannig of moving into a condo? The timing is great for that.  The condo market is not as hot as the detached, semi-detached and townhome market. Why not take advantage of this market, sell your home for more than you could have imagined and buy a condo for a fair price?   Let us hlep you - love to hear from you.    [read more]

Fire-safety

Wednesday Feb 10th, 2021

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It is so important that your home is equipped with the right warning / alarm devices, so you and your loved-ones are safe.  Just the other week four people died in a terrible fire in the east end and another person died due to carbon monoxide escaping into the house. Big THANK YOU to Sam from the Fire Department for putting this together for us. Please read it, save it, print it, reread it and pass it on.  Smoke Alarms Do Save Lives Smoke alarms must be installed on every... [read more]

Hot, hot market

Tuesday Feb 9th, 2021

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The real estate market is hot. It is a real seller's market. Low inventory, low interest rates and lots of buyers wanting to purchase now are driving up the prices.  [read more]

What happened in January

Tuesday Feb 2nd, 2021

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Buyers who wanted to purchase a detached or semidetached home or a  townhome got frustrated since there were not enough homes for sale. The homes that went onto the open market sold fast and more often than not over the asking price. In the Parkwoods-Donalda area only 2 detached homes sold - down by 25%.  But then again 50% more semis sold last month in comparison to the previous month. Home sellers are hesitant to invite buyers into the home and wonder how it  can be... [read more]

Extra Money

Monday Feb 1st, 2021

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Extra Money?     No shopping, no restaurants, no entertainment, stay home order. Have you saved money?    This could help you when wanting to buy a home and qualifying for a mortgage. You could put more money down to reduce your monthly payments or reduce the amortization time. So waiting for another couple of month seems to be a great idea, or is it?    The Toronto Real Estate market is very active right now,  the purchase prices are on... [read more]

Home Security

Friday Jan 22nd, 2021

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  Your home is your castle - protect it!    How secure is your home? How attractive does it look in the yes of burglars?    Below is a check list of items to look out for.    Should you see or hear anything suspicious call:    In an emergency: 9-1-1 To report a crime that is not an emergency: 416-808-2222 To report a crime anonymously call crime stoppers: 1-800-222-8477 (TIPS)    Look out for... [read more]

What will it be?

Thursday Jun 25th, 2020

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 A little park with benches ( far apart for social distancing) and nice trees? A place where many residence can relax? Or a large 5,000 + sqft home? Or 2 Semis?  The lot is 112,01 feet X 117,00 feet.  Corner of Underhill Drive and Broadlands Blvd.     [read more]

3 THINGS YOU SHOULD KNOW ABOUT MONTH OF INVENTORY.

Friday Jun 5th, 2020

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  SOLD OUT -  when will be no more homes for sale? In June of 2020 eight detached homes sold in Parkwoods-Donalda. If the homes keep selling with the rate they did in June and no more new listings came on the market,  then in 1.8 month there would be no more detached homes for sale. No townhome was sold since there was none on the market. Right now there is one townhome on the market. In May th eone townhome that was for sale, sold within hours over... [read more]

Not enough to fill a whole dumpster or bin?

Monday May 18th, 2020

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www.baster.com

With a little more time we spend at home, thoughts of renovating or sorting out may cross your minds. But how to ged rid of unwanted items? If the dumpster is open - it may be too many trips and line ups that will eat up your time. You do not have enough garbage to fill a whole dumpster or bin? A perfect solution is www.bagster.com (1-877-789-2247).  Give them a call or check out their website - maybe this a a solution you were looking for. MB [read more]

April Real Estate Stats

Friday May 8th, 2020

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April numbers are out. As expected the numbers of sales are way down. Rightfully so buyers were apprehensive going into houses of strangers. Sellers were apprehensive of letting strangers browse through their home. The number of new listings are also low. In a normal market ( covid19 free market) this would drive up prices. As you can see 2020 started out strong. It will be interesting to see what will happen.  Will buyers and sellers be getting used to the new normal, adopting well to the... [read more]

Buying a pair of jeans or a home

Wednesday Sep 11th, 2019

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Buying a pair of jeans or a home.    You want to go jeans shopping.  Quickly you google some stats and find that the average price for a pair of jeans in Toronto is $76,-.   A nagging thought comes to your mind.  What does the average price mean?  Is the price representative of all jeans including leggings that look like jeans? How about jean-shorts? How about where I buy them: Yorkdale or Walmart? What about the different brands?    How about... [read more]

READ MORE

A home is for sale. Buyers look at the home but it takes some time to attract the right buyers. A  young family with children makes an offer. The offer is accepted and the seller is happy. The seller offers to leave some items behind and the buyers happily accept. When the buyers move into their new home, they are very content about their wonderful home that fits all their needs. 


And then there are decisions from the seller, that are hard to understand. For an example the light fixture, that was taken. It was between two mirrors, have been there for many, many years, since the wood around it has changed its colour. For the buyer it is not easy to find a light fixture that will cover up the mark left behind. 

I often wonder why people would do such a thing? At times we have clients asking to take out from the contract the freezer in their basement. The freezer was perfect for that space and is very old, most likely not the most efficient piece of appliance. Then on moving day, the movers find out, one cannot take the freezer out of the house, maybe the walls were build around the freezer at one time. Now the buyer needs to be contacted to see if they will accept the freezer in the basement. If they have already bought a new freezer to replace the old one the seller will have to dismantle the old one and remove it at his/her cost. 

As for the light fixture, that was removed - did it find a new place or did it not even fit into the smaller place and is now boxed up in storage?

Before making such decisions, consider all sides.

Missing light

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