If you have ever driven down Toronto's Don Vally Parkway, or explored the surrounding Greater Toronto Area, you'll see apartment buildings dating from the 1950s through 1970s standing tall across the urban landscape. These towers are part of a renewal project led by ERA Architects.
In cities like Toronto, similarly-priced properties can represent polar opposite products, based on something as hard to quantify as location. In this piece we look closer at what makes up 'value' and how to set search parameters based on those components.
Based on a comparison of the sales-to-new listings ratio with its long-term average, about two-thirds of all Canadian local markets were considered "relatively balanced" in June 2018. Here's the Canadian Real Estate Board's monthly review for June 2018!
How do you determine the value of a Toronto property, especially when navigating the pressure of a multiple offer scenario? Every Buyer must determine what each home is worth to them, personally. Here's Urbaneer's advice on calculating that sum!