Heather Taylor Sells

38 Tremely Cres This lovely detached home in Toronto has a separate garage and a great yard! Basement has an in-law suite with a kitchen, gas fireplace and above ground windows!! Call me for more information - this home won’t last long. #realtor #toronto #remax #springmarket #hotmarket @remax_realtron

My little helper went with me today to install a sold over asking sign! Congratulations to my sellers of Oaktree Cres @remax_realtron It’s still a hot market to sell in! Call me with any questions. #newmarket #remax #realtor #littlehelper #sold #overasking

Just look at that floor transition between the kitchen and the living room. This house has so many great details. Call me for a tour through 951 Oaktree Cres before it’s sold! #remax #realtor #newmarket #welcomehome

New Listing 951 Oaktree Cres Renovated semi detached home with a beautiful backyard and 3 bedrooms. Call me for more info! @remax_realtron ... #newmarket #renovated #moveinready #realtor #home #house See more

A fully renovated semi in Summerhill is coming soon! Check back for details. #newmarket #comingsoon #renovated #semidetached #garagespace

It was a beautiful weekend and we took advantage of this ridiculous weather and hung Christmas lights... by we I mean my awesome husband hung them. We ended up buying more strings and doing both peaks on the house there’s still more nice weather (and sales on lights!) #tooearly? #christmas #lit #realtor #homes #newmarket #remax #latergram

Sunday afternoon perusing through @bgreenhouses collection of amazing Christmas trees! It’s certainly worth the trip up to see them #Christmasspirit #local #bradford #newmarket #remax #realtor

Real Estate is always an interesting conversation (at least to me!) I've put together some information that I pulled from my amazing brokerage to update you on what happened in October. **Spoiler Alert** It's a good time to invest in condos! The real estate market continues its upward trend as home sales in the GTA were up again year-over-year for the fourth month in a row! In the Toronto Real Estate Board we sold 10,563 residential homes in October, which is up 25.1 % comp...ared to 8,445 transactions in October 2019. Sales and new listings reached record levels for the month of October, but a tight Seller’s Market continued with the average selling price for all home types combined reaching $968,318 up 13.7 % over October 2019. Year-over-year growth rates for sales and new listings diverged in some market segments. In the detached market segment prices increased sharply. The Condominium apartment market segment experienced more than double the new listings compared to October 2019, and prices were only up by 2.2 % over the same period. So what has happened to the Condominium market? With Covid 19 closing down the borders, many investors who were achieving high rental rates renting to foreign students or as Air B&B were caught without tenants. Many decided to rent their units as 1 year leases. With so many extra units competing for tenants, the average rent dropped $200-300 per month for rent. Other investors decided to sell their units. So many extra units on the market kept price increases to 2.2%. Like always, its supply and demand! The real question is what will happen next year and how will it affect the market? I believe that within a year, Covid 19 will be much better controlled. Tourists (Air B&B) and foreign students will be back! That means that condominiums will start their upward swing as well. The other factor that will create more sales in condominiums is that mortgage interest rates are at ridiculously low numbers, I have seen as low as 1.6% ! On a $500,000 mortgage, that’s $400 per month lower than just 2 years ago! Rents did go down, but so did monthly carrying costs! I think this is the right time to invest in condominiums and income properties! Let’s chat! Feel free to call me if you have any questions or know of someone buying or selling. I appreciate your help and support!

A little encouragement in keeping our local business owners in business!

Is it too early for Christmas? I’m so thrilled with our bright and beautiful 2020 Christmas shoot by the amazingly talented @babynbloom studio on Main Street in #Newmarket! #myfavouritekids #christmas #decorations #realtor #photography

It’s closing day for a wonderful family moving into my #newmarket neighbourhood! Congratulations to my clients who sold and now have purchased this beautiful century home. #boughtandsold #closingday #moving #remax #realtor @remax_realtron