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| Featured Thornhill, Vaughan and Toronto MLS Listings |  |  | | MLS®: N3797481 | Price: Sold | 7420 Bathurst St, Unit Ph10, Vaughan | Title: 7420 Bathurst St, Vaughan | Bedrooms: 2 | Bathrooms: 2 | Square Feet: 1400-1599 | Intersection: Bathurst/Clark |
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| | MLS®: N3525594 | Price: Sold | 63 Kinloch Cres, Vaughan | Title: 63 Kinloch Cres, Vaughan | Bedrooms: 4 | Bathrooms: 4 | Intersection: Major Mackenzie/Jane | Virtual Tour:   |
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| | MLS®: C3379537 | Price: Sold | 7 Vernham Ave, Toronto | Title: 7 Vernham Ave, Toronto | Bedrooms: 6+1 | Bathrooms: 9 | Intersection: York Mills & Bayview | Virtual Tour:   |
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| | MLS®: N3423405 | Price: Sold | 169 Valeria Blvd, Vaughan | Title: 169 Valeria Blvd, Vaughan | Bedrooms: 4+1 | Bathrooms: 4 | Square Feet: 3500-5000 | Intersection: Weston Road/Rutherford | Virtual Tour:   |
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| | MLS®: N3438463 | Price: Sold | 60 Dale Cres, Bradford West Gwillimbury | Title: 60 Dale Cres, Bradford West Gwillimbury | Bedrooms: 4 | Bathrooms: 4 | Intersection: Hwy 400/Hwy 89/13th Line | Virtual Tour:   |
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| | MLS®: 111 | Price: Sold | 37 Kelso Ave, Toronto | Title: Avenue Road and Wilson Beauty on 40 ft. lot | Bedrooms: 4+1 | Bathrooms: 4 | Square Feet: 3200 | Intersection: Avenue Road and Wilson | Video Tour:   |
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| | MLS®: N3223238 | Price: Sold | 52 Cozens Dr, Richmond Hill | Title: 52 Cozens Dr, Richmond Hill | Bedrooms: 4 | Bathrooms: 3 | Intersection: Bathurst Street / King Road | Virtual Tour:   |
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Bathurst Manor Toronto Real Estate - Prices of Houses |  |  | What is Happening in the Bathurst Manor
Toronto Real Estate Market 2017?
Over the past year we have heard many people and experts talk about the real estate markets in these areas. We have heard how the market is great with prices going up every quarter. We have heard that we are in a bubble and it will burst at some point. I am here to disagree with the experts. Yes, we are seeing prices increase dramatically over the past years and yes we have seen these 2 neighbourhoods become much more difficult to buy in but this is due to a lack of inventory in the areas.
Let's begin in Bathurst Manor just a few years ago we could see up to 100 sales happen in this area over the period of a quarter. This past 4th quarter in 2016 we saw only 41 sales. This was due to a lack of inventory and no other reason. When you have that lack of inventory happen in a certain area you will see prices grow especially when interest rates continue to be low. We must ask ourselves why are we not seeing the re-sale market continue to be strong in this area? Well, one reason is we watched the neighbourhood change over the past 15 years from bungalow homes built in the 40's and 50's to new buyers coming in and tearing the homes down and building larger 2 storey houses. This changed the market in this area and just 15 years ago with the large lots Bathurst Manor was a great deal. Over time we have seen this area saturated with the change which of course slows at some point. I don't think we will ever see the pace of sales in Bathurst Manor as we did in the early 2000's.
Now we have seen a slower pace of houses coming onto the market what happens with prices? Bathurst Manor is still a very popular area that many buyers are waiting to get into. The large lots, beautiful tree lined streets, and close to all amenities makes Bathurst Manor a highly sought after neighbourhood. So it comes down to supply and demand. In the 4th quarter of 2017 we saw only 52 new listings come on the market and 17 were for condos. This left only 35 houses to be sold in this area almost 1/3 of what we have seen in the past. This of course did not meet the demand for buyers wanting to come into the area so we saw an increase in prices up by 25% to over $925,000 for a property here. Detached homes are now up to $1,346,000 this is a dramatic increase from this time just 2 years ago. In fact it was a 25% increase over the same period last year.
So what does all this mean? To begin we are not in a bubble we are in a inventory shortage and as long as demand outweighs supply and interest rates remain low we will continue to see rising prices. Do I believe we will see a time that prices drop dramatically? No. I don't we will see the prices level off and possibly drop 5% but I don't see a dramatic drop over the near future. I do believe we are hitting the peak of this market and if you are debating on selling now is the time. For buyers it's tough to say when we will see the leveling off but if you do buy I don't see you losing money over the long run. Even if we see a small dip prices historically come back. In the 90's everyone said we had peaked and would ever see those prices again. Well in those days you could get a bungalow for less than $300,000. |
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Real Estate Articles, Did You Know and Helpful Hints |  |  | |
The leaves are falling and it is time to get ready for the cooler months ahead. Here are some suggestions to put on your list:
Clean the list filter on your dryer afte | THORNHILL WOODS STATISTICS FOR MONTH OF JUNE 2011
TOWNHOUSES
21 TOWNHOUSES WERE SOLD! LOWEST PRICE SOLD WAS 389,900 AND THE HIGHEST PRICE SOLD WAS 619,900, THE AV | BATHURST MANOR PROPERTY VALUES FOR THE MONTH OF JUNE 2011
THERE WERE A TOTAL OF 12 HOUSES SOLD IN BATHURST MANOR FOR THE MONTH OF JUNE 2011. THE AVERAGE SELLING P | | | |
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Now may be the best time to list your home. Here's why...
The Top 11 Reasons
You Should List Your Home D | Vaughan Condo Sales - Why Condos are Hot Right Now
You have a lot of choices available to you when it comes to purchasing a home. While single-family homes are popular, condos | Buying a Home in Vaughan or Thornhill That You’ll Love for Years
Buying a home is one of the biggest decisions you’ll make in your life. That’s why it’s important to take the | | | |
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If you have ever considered of investing in real estate now is the best time to do it. Prices are only destined to rise and you can quickly learn how to invest in Vaughan like a pro. | Dogs And Vaughan Condos- Sometimes They Mix And Sometimes They Don't
If you are thinking about buying a Vaughan, Richmond Hill or Thornh | Your equity on your York Region/Vaughan home is the difference between what you owe and the fair market value that your home still holds. Saying that you want to increase this sounds strange | | | |
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Essentials on Paying Down Your Mortgage
Paying down your mortgage faster could save you tens of thousands of dollars in interest over the life of your mortgage. There are a few | So if you are counting on your home equity to help fund your retirement, I think you have two options:
1. Seriously consider putting your house on the market within the next ye | It's an exciting time. Your offer has been accepted. You can't wait to move into your new home. But don't start celebrating yet. There is one final stage involved in purchasing a home -- c | | | |
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Knowing the answer to the above question is key to selling your home. So pay attention, sellers! If you want to know what features are most sought-after by homebuyers in 2009, keep reading | You found your next home and they accepted your offer! What you don't want now are last-minute hitches, which could slow the deal or even bring it to a halt. Here's what you can do | 1. Make the Most of that First Impression: A well-manicured lawn, neatly trimmed shrubs and a clutter-free porch welcome prospects. So does a freshly painted or at least freshly scrubbed front door. If it's | | | |
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Your home may be your biggest asset. When the time comes to sell your home, it is very important to plan this event carefully, choose optimal timing, pricing and marketing, and | There's no question that Toronto's real estate market is declining right now. The volume of sales is down and the average sale price is down. With the benefit of hindsight, | Make a list of all the features you want in your new home such as number of bedrooms, bathrooms, proximity to schools, shopping and workplace.
Be sure you can afford your ho | | | |
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Home inspections are often an important part of the pre-purchase routine when buying a house. You do not want to end with faults that you had not anticipated. | It's important that your home look tidy outside as well as inside. You’re ready to put your house on the market. Inside, | How will you know a good house when you see it? What if you buy a house and can't sell the one you own? | | | |
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Real estate transactions are complicated and can be costly if completed incorrectly. Selling or buying a property is a process that is bound to be a little nerve-wracking and emotional. Buy | Bathurst Manor, Toronto Real Estate A Luxury Area Still Affordable! Listings Walkscore 
We have seen real estate prices rise dramatically over the past 20 years to the point that the average price for a detached home in the city of Toronto is over 1.2 million at the time of writing this article. This puts a great strain on buyers looking to buy in this market. | With the Toronto Real Estate Market Prices Rising, Where do I Move? Loook North to Thornhill, Vaughan and Richmond Hill 
In today's real estate market it is becoming more and more difficult to buy a detached house in Toronto. Whether you are a 1st time buyer or looking to move from the condo lifestyle in downtown buyers are becoming very frustrated as to where the market is. The average price for a detached house in Toronto is now over 1.2 million and this is just too much for any 1st time or 2nd time buyers. So, what are the buyers supposed to do in a market like this? | | | |
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