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Markham, Richmond Hill, Vaughan - Condo Price and Trends

Thursday Oct 8th, 2020

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The following chart is tracking recent trends in the condominium market in Markham, Richmond Hill and Vaughan. For simplicity I will call these the areas York. To compare apples to apples only one and one plus one units are being tracked. The data is tracked starting September 1, 2019 to illustrate the most recent trends and the impact of Covid-19 on this segment of the real estate. The commentary and the charts are to provide info on how this segment of the market behaves itself, and... [read more]

Toronto DT 1 bedroom condo charts.

Tuesday Oct 6th, 2020

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The following chart is tracking recent trends in the condominium market in DT Toronto, specifically the following communities: Bay Street Corridor Church-Yonge Corridor Moss Park Waterfront C1 Waterfront C8 To compare apples to apples only one and one plus one units are being tracked. Eliminated are properties sold at over $1M as these luxury units do not represent the needs of average consumer. The data is tracked starting September 1, 2019 to illustrate the most... [read more]

Buying A Property With Basement Rental Potential.

Saturday Aug 29th, 2020

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  GTA’s real estate market has been very expensive for many decades and it is often very difficult to get into the market, and as we wait to save more the price increases tend to outpace the savings. In the last 20 years the price corrections have been few and far between, with few hiccups along the way the prices are going from expensive to even more expensive. One way to get into the market is to find a place with a rental basement potential, yours truly have done it with our... [read more]

What is a bedroom - condo edition.

Saturday Dec 14th, 2019

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A bedroom, as most of us would imagine, is a place where one would ordinarily sleep, will have a door which can be shut so one can sleep in peace and quiet, will have a window for a daylight, and be large enough to have a bed. Ontario Building Code describes this in great detail, below are few excerpts: 9.5.7.1. Areas of Bedrooms (1) Except as provided in Articles 9.5.7.2. and 9.5.7.3., bedrooms in dwelling units shall have an area not less than 7 m² where built-in cabinets are not... [read more]

Condos in York Region Versus DT Core

Monday Aug 24th, 2020

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The following charts are tracking recent trends in the condominium market in Markham, Richmond Hill and Vaughan in comparison to DT Core. To compare apples to apples only one and one plus one units are being tracked. The data is tracked starting September 1, 2019 to illustrate the most recent trends and the impact of Covid-19 on this segment of the real estate. The goal of this is also to compare the behaviour of 1 bedroom condos in these parts of York Region to DT core condos as... [read more]

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