Christine Pham Realty
502 King St E M5A 1M1 Toronto, ON, Canada

Just Listed! Open concept 2-storey detached home for sale in east end Toronto, Birchcliff-Cliffside! 3 bedroom + 3 bathroom with walk in closet, balcony from main bedroom. Spacious driveway and garage, fits 4 cars. Large backyard with landscaped patio! Offers to be reviewed on December 15th. Contact me for more information or to schedule a viewing:... [email protected]

Why Condos are Still a Good Investment Today? Value will increase over time. Although the condo market is weaker during this time, this doesn’t mean it won’t rebound. Market observers are projecting that it is unlikely that people will stay away from condos for the long term; the shifting preference from urban to suburban has been modest at best. When immigration restrictions loosen, people return to offices, and amenities reopen indefinitely buyers will flock to the city... once again to enjoy the metropolitan lifestyle and conveniences that urban condo-living has to offer. The condo market could quickly rebound in the years following the pandemic, based on the strong sales activity and prices just prior to the virus taking hold. Investors can take advantage of lower condo prices now, to buy and hold a unit to sell once the market strengthens. Decreased condo demand in expensive submarkets, means buyers can scoop up condos for lower prices, yet reap the benefits when demand returns. Reference: https://cutt.ly/7hdGpf1 See more

There were 10,563 residential resales in October 2020, up by 21.5% compared to October 2019. On a seasonally adjusted basis, sales were down 4% compared to the previous month of September. For more details check out TRREB’s Monthly Market Report for October Housing resales and infographic below

Just Listed! Open concept 2-storey loft condo unit for sale in Mimico, Toronto! Spacious 2 Bedroom + den, 2 washrooms, 17 ft ceilings, walk in closet, parking & locker included. Contact me for more information or to schedule a viewing:... [email protected]