UrbanRealty.ca / the blog

361 Front Street: The Matrix - 750 sq.ft. unit facing the city with parking and locker was offered at $269,900, receieved 17 multiple offers and sold without any conditions at $292,500, as reported to me by listing agent.
To me, that’s a steal: at $352 PSF NET someone got a great […]

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Toronto Star’s Tony Wong article “Brokers wait for piece of condo action” depicting Realtors standing in long lines and quoting from Will Dunning: “Investors are out in force, sowing their own disappointment”.
I emailed Will asking him to explain this statement, but never got a reply. Will’s article is […]

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Note to re-sale buyers: if you’re planning on bidding on downtown Toronto condos and lofts, get your ducks and bucks inline as the last few sales I’ve seen happened within hours and were awarded solely on basis of price and no conditions. If you are going into a multiple offer situation:1. […]

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Liberty On The Park Registration>

Liberty On The Park Condominiums is the next installment of the high-quality, master-planned community at Liberty Village.
As Liberty Towers and Bliss Condos quickly sold-out, we’re now introducing the next phase of this unique, master-planned community: Liberty On The Park.
Register to be […]

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If you’re in the market to purchase a new development and want to get the latest insider news, sign in free and be the first to know when opportunities come up.

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Just 24 hours after overnight sale at Radio City conditionally sold a second, smaller, 18th floor 535 sq. ft. with parking facing North at approx $270,000 or approx. $460 PSF NET*.
Don’t say I didn’t warn you. Take your sweet time this summer and get priced out faster then you […]

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Radio City: 15th floor, 677 sq.ft. with parking sold overnight for approx $298,000 or $403 PSF NET*. [this is the actual floorplan - click on it to enlarge]
An 18th floor, 535 sq.ft. unit with parking is now offered for $269,900, or $458 PSF NET* [request info]
So here is […]

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The L-Tower opened to Brokers and investors. My neighboor camped out since 6am on a Saturday morning to purchase a 598sqft condo for $360,000. That’s $600 PSF. Now think about this for a second: as expensive as the amenities and services in the building are, it’s still a lot of money. […]

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It’s time to take a deep breath and jump into the cold water, head first. Reality is here to stay. Houses are simply too expensive and with strong dollar and stable economy, downtown condos averaged 10% increase each year for the past 7-8 years.
IMHO the best option is to […]

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Recall “500 Bucks Per Foot” we wrote about just recently this year?
Well, the Globe and Mail’s Derek Raymaker thinks $699 PSF is the average downtown Toronto.
Like it or hate it, the market is changing and whichever way you want to look at it, prices are giong up, and fast. […]

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