Toronto’s Commercial Real Estate Sector Will Remain Ablaze in 2019

According to Morguard’s 2019 Canadian Economic Outlook & Market Fundamentals, not only is Toronto’s economy on fire but it’s commercial vacancy rate is very low due to constrained supply & high demand, which in turn has put upward pressure on prices.

It is apparently a real struggle to find office space in both Vancouver and Toronto as rents are at peak for this cycle. Toronto is easily the country’s safest bet for investment funds and a huge reason for that is the city’s diverse economy.

Keith Reading (Morguard’s director of research) says that Toronto is the biggest economic centre in Canada and also the most stable. “Over time, values will only increase in the commercial sector. You can’t just create another Toronto. It’s a 24-hour, world-class city, so your investment is pretty safe. It’s a large, diverse economy and it has a lot of things going for it. If you’re looking for a safety in your investment, Toronto is the first place to go in Canada.”

For more on this article, check out: https://www.mortgagebrokernews.ca/news/commercial-mortgage/commercial-sector-thrives-amid-dwindling-vacancy-rates-251044.aspx

What To Expect From The Canadian Housing Market in 2019

2018 – The year when Canada’s housing market hit the brakes… What will happen in 2019?

The Canadian Real Estate Association sees home sales rebounding a little (2.1 per cent) in 2019 with home prices roughly keeping up with inflation (2.7 per cent). In Ontario, prices will likely climb a little faster (3.3 per cent) and in British Columbia, a bit more slowly.

Quebec, New Brunswick, Nova Scotia & Prince Edward Island can also expect modest price gains, while Saskatchewan and Newfoundland Labrador will experience a small dipping. The forecast for Alberta was stable, although that predated the recent oil price plunge.

The big banks expect interest rates to continue to rise between 2.25 per cent & 2.75 per cent by the end of 2019. Todd Schlanger, senior investment strategist at Vanguard Investments Canada says the Canadian economy will likely continue to grow in 2019, albeit at a slower pace than in 2018. 

Rather than a housing collapse, a more likely scenario is one in which home prices stagnate as household incomes slowly catch up. Another factor that might help keep the market stable is that rents are sky-high. This could help sustain the demand from homebuyers. 

Home buyers should be patient, and not count on price gains to make up for negative cash flow. And home sellers should be realistic and not fixate on “old peak prices” as they usually end up having to “chase the market down” watching their asking price gradually fall. If you are keen on selling, you have to be ahead of the market and possibly anticipate future prices declines.

For more on this article, visit:

Will it crash? Here’s what to expect from the Canadian housing market in 2019

Great Opportunity! Store For Sale On Albion & Islington! With Fully Leased Apartment!

Perfect For Investors!

•  3 bath, 2 bdrm 2 story “W/ Apartment” – $559,900. Amazing Location!
MLS® #3534257

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Extras:Fridge Stove Washer Dryer 2 Car Underground Parking

If you have a Real Estate Question – We Have the Answers. No Question too Small! Call our Office and Ask one of our Top Professionals – It’s Our Pleasure to help

Call Today To View This Property Or Speak to An Agent Today!

Commercial Properties For Sale
Toronto Commercial For Sale

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Property information

Sutton Group Realty Systems Inc., Brokerage
Mississauga Office: 905-896-3333
Toronto Office: 416-896-3333
www.suttonrealty.com
Top Mississauga Real Estate Office – Top Toronto Real Estate Office – Top Agents

 

Rare & Affordable Opportunity! Turn Key Office For Sale Under 360K In Toronto’s Willowdale!

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Prime Willowdale Location, One Of Toronto’s Best Neighbourhoods

Willowdale! One Of Toronto’s Best Neighbourhoods!

•  other “Office” – $359,900. Rare Opportunity!
MLS® #3533353

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The Seller Of The Office Has Spent $70K On Finishing The Suit With High Quality Materials Which Saves Money On Doing It Yourself.

Situated Near The Elevator, This Office Has An Excellent Layout With 2 Large And 2 Small Offices, A Reception Desk, And Kitchen Area. The Perfect Office For Your Business!

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Call Today To View This Property Or Speak to An Agent Today!

Willowdale East Office For Sale
Toronto Offices

Top Toronto Real Estate Office – Top Mississauga Real Estate Office – Top Real Estate Agents

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Great Opportunity To Own A Commercial Space In Islington City Centre!

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Fantastic Location City Centre!

•  other “Retail Store ” – $1,598,000. Great Opportunity!
MLS® #3463662

– It’s Your Time To Finally Open Up That Business You’ve Been Longing To Do! And Now You Have The Chance To Do So In Toronto’s Islington-City Centre West! A Place Of Booming Business!

This Is A Great Opportunity! And It Has Work, Live, Invest And Re-Development Potential!

It’s A Solid 2 Storey Residence, So You Can Even Combine The Best Of Both Worlds And Open Up Your Business Downstairs, And Head Upstairs Home After A Long Day Of Work!

The Possibilities Are Endless! Open Up A Shop, A Salon, An Office Space, You Name It!

Centrally Located In A High Traffic Area Near All Amenities & Major Highways!

Extras: Employment Industrial Zone With Excellent Parking Facilities.

Call Today To View This Property Or Speak to An Agent Today!

Islington-City Centre West Commercial Properties
Toronto West Commercial Properties For Sale

Top Toronto Real Estate Office – Top Toronto Real Estate Agents

Property information

Sutton Group Realty Systems Inc., Brokerage
Mississauga Office: 905-896-3333
Toronto Office: 416-896-3333
www.suttonrealty.com
Top Mississauga Real Estate Office – Top Toronto Real Estate Office – Top Agents

 

Fabulous Potential! Kensington-Chinatown Retail Space For Sale!

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Move in Ready

•  3 bath, 4 bdrm other “Store/Office/Apartment” – $938,000. Fully Renovated!
MLS® #3461269

– Fabulous Central Store Front And Updated Family Home Offers So Much Potential!!

The Charming Store Front Has A Separate Entrance; Perfect For Your Business Or To Generate Income!

Absolutely Stunning And Spacious 4 Bedroom Family Home With Many Updates Including An Open Concept Main Floor, Gleaming Hardwood Floors, Large Windows, Over Sized Bedrooms And A Beautiful Large Eat In Kitchen With Custom Cherry Cabinets, Corian Counters And A Gas Stove!!

Live In Luxury With The Spa Like 4 Piece Bathroom And Recently Upgraded And Cedar Lined Sauna In The Basement!

Spacious Living Room Opens Onto Private Fenced In Garden! Enjoy Having Your Own Private Oasis !

This Stunning Home Is Located In The Ideal Kensington-Chinatown Neighborhood! Just Steps To Local Shops, Parks, Libraries, Recreational Centers, And Major Highways!

Extras:Appliances: Gas Stove, Fridge, Freezer, Dishwasher, Gas Dryer And Washer. Custom Drapery In Studio. Excellent Parking Access For 2 Cars.Across Form Large Park And Rec Center. Central Vac. Private Enclosed Backyard Oasis With Patio.

Absolutely Spotless, Sparkling Fresh and Move in Ready – Just Enjoy!

Call For A Complete List Of Move In Ready Homes For Sale Today!
Thinking of Buying a Home? Do You Have a House to Sell? Call Us for a Complete Buy and Sell Package and Save!

Kensington Homes For Sale
Kensington Store For Sale

Top Toronto Real Estate Office – Top Toronto Real Estate Agents

Property information

Sutton Group Realty Systems Inc., Brokerage
Mississauga Office: 905-896-3333
Toronto Office: 416-896-3333
www.suttonrealty.com
Top Mississauga Real Estate Office – Top Toronto Real Estate Office – Top Agents

 

Exceptional Building With Endless Possibilities In Prime Location !

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Desired Dovercourt Area!

•  apartment “Store/Office” – $749,000. Endless Possibilities!
MLS® #3446215

– Exceptional Building With Endless Possibilities Located In The Desired Dovercourt Village!

Beautifully Updated & Maintained Mixed Use Commercial And Residential Property Offers A Large 1.5 Car Garage With Lane Access! Work At The Very Comfort Of Your Own Home! Your Possibilities For The Commercial Space Are Endless!

Allow Your Business To Boom In Toronto’s Beautiful And Highly Anticipated Dovercourt Area!

Offering An Open Concept Main Floor With 9.5 Foot Soaring Ceilings And Hardwood Floors Throughout!

Interested In The Residential Aspect? This Beauty Offers 3 Bright & Spacious Bedrooms, A Newly And Beautifully Renovated Basement With A Modern Bathroom, Laundry Room, Large Rec Room With A Kitchen Rough-In. The List Goes On And On!

This Location Has It All! Perfect Place To Open Up A Business! Steps To T.T.C & Dufferin Subway!

Extras: Zoning By-Law 438-86 Mixed Use District Allows For Many Permitted Uses. Residential, Commercial, Multi-Residential, Institutional, Galleries, Offices & More! Wonderful Neighbourhood With Many Emerging Successful Businesses And Developments. New High Efficiency Gas Furnace & Central A/C (2014)

Looking to Buy in Toronto or The GTA? – Our Team of Professionals are here to help. Have a Real Estate Question? No question too small — We help Home Buyers, Home Sellers and Investors / Landlords / Tenants.

A Quick Call when you have a question can give you peace of mind.

Toronto Investment Properties
Dovercourt Village Homes

Top Toronto Real Estate Office – Top Toronto Real Estate Agents

Property information

Sutton Group Realty Systems Inc., Brokerage
Mississauga Office: 905-896-3333
Toronto Office: 416-896-3333
www.suttonrealty.com
Top Mississauga Real Estate Office – Top Toronto Real Estate Office – Top Agents

 

Stunning Multi-Use Space In Prime Location!!

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Sought After Toronto Location!

•  1,200 sq. ft. commercial – $3,250.00. Must See Gem! Monthly

– Must See Gem!! Absolutely Stunning Multi-Use Space In Prime Location!!

This Perfect Multi-Use Space Is In Bright And Sunny Bloordale !

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Parking For One Or Possibly Two Cars!!

Enjoy The Illuminating Ambiance The Cozy Patio Has To Offer!

Bring Your Ideas And You Might Be Amazed At What This Space Has To Offer.

Extras:New Space In A Hip Growing Location. Additional Storage In The Basement, Parking, Minutes Walk To Lansdowne Subway.

Call Today To View This Property Or Speak to An Agent Today!

If you have a Real Estate Question – We Have the Answers. No Question too Small!
Call our Office and Ask one of our Top Professionals – It’s Our Pleasure to help

Bloordale Commercial Lease
Commercial Lease

Property information

If you have a Real Estate Question – We Have the Answers.    No Question too Small!    Call our Office and Ask one of our Top Professionals – It’s Our Pleasure to help

Toronto Office:416-896-3333         Mississauga Office:905-896-3333

Retail Space In Prime Bloor West Village!

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Retail Space In High Traffic Area

•  1,035 sq. ft., 1 bath commercial – $4,800.00. Prime Bloor West Village! Monthly

– Great Blank Canvas Space. Just Over 1000 Square feet, With A 16’6″ Storefront Window!! Minutes Walk To Jane Subway Station, And Almost Across The Street From The New Condo Buildings And Lots Of Future Potential.

New Yoga Studio Opening Above And The Other Quality Neighbours Will Help Attract Lots Of Foot Traffic.

This Fantastic Location Does not Only Offer You Tons of Foot Traffic, But You Also Get Two Car Parking In A Busy Location!

Wide Open Space, Ready For Your Application.

Over 1000 Square Foot On The Main Level And Another 1000 Square Foot In The High (9″6″), Clean Basement.

Are You Looking For Retail Space to Lease? Not Sure Where to Start Your Search? Our Team of Professionals are Here To Help. Have a Real Estate Question? No question too small — We help Home Buyers, Home Sellers and Investors / Landlords / Tenants.

A Quick Call when you have a question can give you peace of mind.

Commercial Space For Lease
Store with Foot Traffic

Property information

Call Today To View This Property Or Speak to An Agent Today!

Toronto Office: 416-896-3333              Mississauga Office:905-896-3333

 

Commercial Retail Store Front for Sale in Toronto!

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Retail Space for Sale

•  single story – $629,980. Commercial Real Estate

– Commercial Retail Store Front for Sale in Toronto! Rare Opportunity! This Is Your Chance To Own A Brand New Retail Store Front + Basement.

982 Sqft Retail + 1096 Sq Ft Basement.

Excellent Highly Visible Location With Tons Of Exposure!

This Will Be One Great Investment! Coffee Shop, Hair Salon, Office, Gallery & Many More Possibilities.

Centrally Located In The Much Desired Keelesdale Neighbourhood.

Drastic Improvements To The Neighbourhood Include The Lrt, Stockyards, New Condo Developments & More!

Extras:Close To Major Hwy’s, T.T.C At Your Door Step, Lrt Coming In Just North On Eglinton Ave. W. Dry walled & Ready For Your Personal Touch, Floor-To-Ceiling Windows, New Gas Furnace & Air Conditioning, Rough-In For Washroom Downstairs, Rear Exit

Commercial Real Estate – Retail Space for Sale. Own Your Own Space!

Property information

Toronto Office : 416-896-3333            Mississauga Office : 905-896-3333