Marlow Singh
36 Distillery Lane Suite 500 M5A 3C4 Toronto, ON, Canada

Toronto: Houses are hot, condos not so much GTA home prices are up again for another month in a row, with October seeing a massive jump in sales of 25.1% year-over-year (YOY). When you take a closer look at the numbers, however, you'll see those gains are being primarily driven by the 905 and particularly, by detached and semi-detached houses and towns. The reason for the demand isn't exactly a mystery: people want more space, working from home means living near work isn't ...as important as it used to be, and mortgage rates are at an all-time low, giving them greater buying power. While condo buyers certainly benefited from more choice in the third quarter compared to the past few years, there was still enough competition between buyers to support average selling prices substantially above last year’s levels, says Jason Mercer, TRREB’s Chief Market Analyst. It is important to note that one quarter does not make a trend, either on the demand or supply sides of the market. How the relationship unfolds between condo sales and listings over the next three to six months will dictate the longer-term direction for selling prices. The downtown market continues to be a renter's dream, with increased activity as people move into more affordable units or upgrade to larger ones. But as with resale condos, supply has completely outstripped demand. Renting a condo is cheaper now than it has been in a couple of years, and people are taking advantage. But this is likely to be a temporary situation. There are changes on the horizon that indicate the soft condo and rental market will only last as long as the COVID-related shutdowns and border closures. The Condo Pro - Buying, Selling, or Leasing - Work with the Pro Call Today 416-826-3544 #ForSale #TheCondoPro #MarlowSingh #Buying #Selling #Leasing #Management #Investment #CondoPro #CondoLife #Condo #Condos #Loft #LivingTheDream #SellingTheDream #Toronto #TorontoRealEstate #TorontoCondos #Realtor #RealEstate #LuxuryCondos #LuxuryRealEstate #LuxuryLifestyle #FirstTimeBuyer #Investors

Huge Congratulations to these First Time Buyers! After going through the emotional roller coaster of multiple bidding wars I am happy to say we did it! I am a firm believer that if it's meant to be, everything will work out. The Condo Pro - Buying, Selling, or Leasing, Work with the Pro Call Today 416-826-3544 #ForSale #TheCondoPro #MarlowSingh #Buying #Selling #Leasing #Management #Investment #CondoPro #CondoLife #Condo #Condos #Loft #LivingTheDream #SellingTheDream #Toronto #TorontoRealEstate #TorontoCondos #Realtor #RealEstate #LuxuryCondos #LuxuryRealEstate #LuxuryLifestyle #FirstTimeBuyer #Investors

Hi Everyone, I have exclusive access to some custom built townhomes in Mississauga. The project is called Sheridan Towns and it's just a couple minutes walk from the Clarkson GO Station. This boutique development provides a rare opportunity to own a newly built custom townhome, proudly built by local artisans and craftsmen.The development is already 85% complete and homebuyers can dive right into selecting their personalized features and finishes. Move-ins are available as e...arly as November 2020 Located steps from Sheridan Creek, the development is situated in an existing neighbourhood surrounded by mature trees, a neighbourhood park and well-kept homes. The long, narrow creek leads to Rattray Marsh along Lake Ontario. This environmentally-significant wetland provides the perfect reprieve from the city and is popular for its raised, wooden boardwalk and trails. Homebuyers who want to bring a little nature into their own homes will appreciate the Sheridan Nurseries, right next door. Residents are surrounded by a wealth of amenities and conveniences, such as the Ontario Racquet Club across the street. They’ll be a stone’s throw from the Clarkson GO, QEW, and the nearby Clarkson Crossing featuring big box stores and local restaurants. The community is also a short jaunt from lively Port Credit and downtown Oakville. Call or DM for Floor plans, more information or private site tours. The Condo Pro - Buying, Selling, or Leasing, Work with the Pro Call Today 416-826-3544 #ForSale #TheCondoPro #MarlowSingh #Buying #Selling #Leasing #Management #Investment #CondoPro #CondoLife #Condo #Condos #Loft #LivingTheDream #SellingTheDream #Toronto #TorontoRealEstate #TorontoCondos #Realtor #RealEstate #LuxuryCondos #LuxuryRealEstate #LuxuryLifestyle #FirstTimeBuyer #Investors

I can never get enough of these city views #nofilter #lastnight #TheCondoPro #MarlowSingh #Buying #Selling #Leasing #Management #Investment #CondoPro #CondoLife #Condo #Condos #Loft #LivingTheDream #SellingTheDream #Toronto #TorontoRealEstate #TorontoCondos #Realtor #RealEstate #LuxuryCondos #LuxuryRealEstate #LuxuryLifestyle #FirstTimeBuyer #Investors

I can never get enough of these city views #nofilter #lastnight #TheCondoPro #MarlowSingh #Buying #Selling #Leasing #Management #Investment #CondoPro #CondoLife #Condo #Condos #Loft #LivingTheDream #SellingTheDream #Toronto #TorontoRealEstate #TorontoCondos #Realtor #RealEstate #LuxuryCondos #LuxuryRealEstate #LuxuryLifestyle #FirstTimeBuyer #Investors

https://condos.ca//harbour-view-estate/unit-2209-C4897637 Welcome To Harbour View Estates 3. This Fully Furnished 1 Bedroom Includes Parking And Utilities. All You Need To Do Is Unpack Your Luggage & Get Comfortable. Located Just Steps From Rogers Center And Cn Tower This Location Boasts Easy Access To The Gardiner Expressway And A Short Walk To Union Station & The Financial District Keep Fit In The 30,000 Sf Superclub W/ Indoor Pool, Massive Gym, Squash, Basketball Court, Tennis Court, Bowling, Bbq's & Much More. All Utilities Are Included. Existing Fridge, Gas Stove, Dishwasher, Microwave, Washer/Dryer, All Dishes & Cutlery And All Furniture Included. Tenant To Pay For Own Cable Tv & Internet. *Photos Are From Previous Listing*

Picture Day in the prestigious Rouge Valley. Who knows what kind of camera this is? #ForSale #TheCondoPro #MarlowSingh #Buying #Selling #Leasing #Management #Investment #CondoPro #CondoLife #Condo #Condos #Loft #LivingTheDream #SellingTheDream #Toronto #TorontoRealEstate #TorontoCondos #Realtor #RealEstate #LuxuryCondos #LuxuryRealEstate #LuxuryLifestyle #FirstTimeBuyer #Investors

I might be #TheCondoPro but I still know a thing or two about selling detached homes. Here's a peek of my new listing #ComingSoon. Stay tuned for more. ForSale #TheCondoPro #MarlowSingh #Buying #Selling #Leasing #Management #Investment #LivingTheDream #SellingTheDream #Toronto #TorontoRealEstate #TorontoProperty #Realtor #RealEstate #LuxuryRealEstate #LuxuryLifestyle #6ix @ Rouge Valley

Things are reopening slowly, but the reality is that the pandemic hit us hard. Our Condos.ca SVP of Sales weighs in on the numbers, what they mean and the opportunities that could be out there. Read more:

Five Hundred Wellington - One of my favorite boutique condos in the city! Located on Wellington Street West near Portland Street, 500 Wellington West has a strikingly contemporary design of sleek boxed glass with dark concrete and brick accents. Standing at just 10 storeys, the building offers 16 executive Toronto lofts for sale and for rent, all of which are either full or half-floor penthouse size suites with two or three bedrooms. You can expect to find luxury designed o...pen concept layouts, hardwood floors, ten-foot ceilings, and floor to ceiling windows with lots of natural light. With exciting amenities including a gym and rooftop terrace, you will enjoy the vibe of staying home almost as much as exploring the surrounding King West neighbourhood. Noted for being not for everyone, these proudly exclusive residences are close to Toronto’s Financial District, as well as only a short trip to the Rogers Centre stadium, the CN Tower, and the Metro Toronto Convention Centre, as well as an endless list of shops, restaurants, bars and clubs. Most Notable Features Luxury suites: Often overused in real estate lingo, ‘luxury’ is a term that should be approached with caution but 500 Wellington is one property that really does deliver. From the expansive kitchen designs, spacious bedrooms and bathrooms with full walls of windows and huge soaker tubs, exposed concrete columns, modern stainless steel appliances, plus a host of exciting amenities, these penthouse lofts truly are luxury. Private elevator access: One of the main suite features of 500 Wellington West is the private elevator access for each residence. Enjoy a true feeling of exclusivity coming and going and entertaining friends. In addition to the private elevators, residents also enjoy private parking. Outdoor rooftop terrace: Beyond the pleasure of your own penthouse suite, residents at 500 Wellington West also receive access to a comfortable outdoor rooftop lounge with cabana chairs and striking views of Toronto’s skyline. A nice place to entertain friends or relax in the evening and enjoy the stars. #TheCondoPro #MarlowSingh #Buying #Selling #Leasing #Management #Investment #Toronto

One good indicator of market health is the sales to new listing ratio (number of sales divided by number of new listings). Anything above 60% is a sellers’ market (high demand, lots of competition), and below 40% is a buyers’ market (low demand, low competition). We've just seen that ratio drop to 35%, moving us almost instantly from a seller's market to one that favours buyers. And that lines up with the drop we’ve seen in prices the average selling price is down by abou...t 8.5%. So yes, we have entered a buyers’ marketbut only in certain segments. Condos under $650K and freehold homes under $1.2M remain hot. Properties are still selling over asking likely due to pent-up demand from the overheated market, but average sale vs. list price has fallen. There are still some listings available, just not nearly as many buyers. And homes are still selling, but the competition we saw just a few weeks ago has disappeared. Where we might have seen 8 or 10 or even 20 offers on a property at the beginning of March, now you're more likely to see one or two. Condos are performing a bit better than the freehold market right now: average price per square foot has dropped by 5%, while freehold properties have dropped by 10%. The sales to new listing ratio for condos hasn't fallen as far as it has with freeholds. We're still in buyer's market territory, but there's more action with condos for sure. That difference could be due to a number of factors: 1Savings have taken a hit: Down payment size has fallen as people's savings have been impacted by the downturn in the stock market. 2Mortgage rates are rising: The banks aren't being as free with money these days. Rates have gone up despite the low Bank of Canada overnight rate, and that’s further limiting what people can afford. 3Affordability: Condos are generally less expensive than freehold properties, and as people are able to afford less, condos end up being the default. Buyers who might have been in the market for a house a little while ago may now have to look at condos. Have more questions about buying a new home during these unusual times? Send me a message. #TheCondoPro #MarlowSingh @ Toronto CANADA

FOR SALE Address: 1005 - 60 Tannery Rd Toronto List Price: $740,000 Bedrooms: 2+1 Bathrooms: 2... Maintenance: $545.76 Property Taxes: Not Yet Assessed Canary District Condo for Sale in Corktown The two bedroom plus den suite located in the Canary District offers an ideal floor plan without any wasted space. Each bedroom can easily accommodate a queen sized bed and the den can function as a room for your small baby or ideal as an home office space. 60 Tannery also known as Canary Block is Canary District’s newest building, and most in-demand at the moment. Maintenance fees are kept nice and low by only offering a handful of extremely useful amenities: co-working space, gym and a party room. The fully upgraded kitchen comes with an integrated appliance package and upgraded convection microwave range hood and a custom made iron and stone kitchen island. The suite has never been occupied and has been perfectly staged for your viewing pleasure! The purchase price includes a conveniently located parking space as well as TWO storage lockers. DM The Condo Pro For Additional Details Buying, Selling, or Leasing, Work with the Pro Call Today 416-826-3544 #ForSale #TheCondoPro #MarlowSingh #Buying #Selling #Leasing #Management #Investment #CondoPro #CondoLife #Condo #Condos #Loft #LivingTheDream #SellingTheDream #Toronto #TorontoRealEstate #TorontoCondos #Realtor #RealEstate #LuxuryCondos #LuxuryRealEstate #LuxuryLifestyle #6ix @ Corktown, Toronto

These are certainly unprecedented times. We are all faced with economic uncertainties, social distancing and uncomfortable instability in our daily life right now. But despite all of this, one thing remains certain: we will get through this together. . Regardless of your situation or wherever you may be in your journey, you can count on myself, along with other @condos_ca pro's to answer any questions you may have and for our support. Have questions about real estate, or simp...ly need someone to lend an ear? Let's connect! The Condo Pro - Buying, Selling, or Leasing, Work with the Pro Call Today 416-826-3544 #toronto #realestate #realty #realtorsofinstagram #realestatetoronto #gtarealtor #realestateblog #torontocondos #condolife #firsttimehomebuyer #condosdotca #propertydotca #realestateexpert #homeownership #realestateadvice #torontorealestate #coronavirus #COVID19 #strongertogether

Coronavirus doesn't mean you have to stop looking for the perfect place or put selling your property on hold. Here are some tips to keep in mind, if you're still looking to buy property in Toronto right now The Condo Pro - Buying, Selling, or Leasing, Work with the Pro Call Today 416-826-3544 #toronto #realestate #realty #realtorsofinstagram #realestatetoronto #gtarealtor #realestateblog #torontocondos #condolife #firsttimehomebuyer #condosdotca #propertydotca #reale...stateexpert #homeownership #realestateadvice #torontorealestate #coronavirus #COVID19 #ForSale #TheCondoPro #MarlowSingh #Buying #Selling #Leasing #Management #Investment #CondoPro @ Toronto, Ontario

FOR SALE - Listing Link in Bio Address: 1608 - 28 Laidlaw St Toronto List Price: $999,000 Bedrooms: 3+1 Bathrooms: 2.5... Maintenance: $248.05 Property Taxes: $3953 Excellent Investment Opportunity & Priced to Sell. This Model Has Not Been Available For Years. Located On A Quiet Courtyard, Large Trees Provide A Private Atmosphere To This Beautiful Home. Plenty Of Space, 3 Bed + Large Den, Rec Area In Bsmt, 2 Balconies, 2 Walk-In Closets, & Private Garage. Approx 1575 Sqft Interior, Large (Over 400Sq Ft) Terrace W/ Clear View. Walk To Public Transportation, Bike/Walking Trails, Trinity Bellwoods & Liberty Village. This Unit Is Tenanted Until December 1 2020 At $4200/Month + Utilities & Will Produce Positive Cashflow on a Monthly Basis DM The Condo Pro For Additional Details or Private Showing Buying, Selling, or Leasing, Work with the Pro Call Today 416-826-3544 #ForSale #TheCondoPro #MarlowSingh #Buying #Selling #Leasing #Management #Investment #CondoPro #CondoLife #Condo #Condos #Loft #LivingTheDream #SellingTheDream #Toronto #TorontoRealEstate #TorontoCondos #Realtor #RealEstate #LuxuryCondos #LuxuryRealEstate #LuxuryLifestyle #6ixwalks @ Downtown Toronto