A Look Ahead Into Canadian Markets In The Next Year

 

Depending on which part of Canada you live in – 2019 is either a year to look forward to or dread!

In Toronto – The growth will be slower, but growth just the same. Very similar to 2018, there will continue to be upward pressure on prices but increased interest rates/mortgage stress testing has added to the lofty growth we’ve seen throughout 2016 to 2017.

In Montreal – Continuing it’s growth as the hottest market in the country (with perhaps the exception of Ottawa) However there will not be a massive price growth, much like Toronto.

In Vancouver – After suffering the difficulty with the B-20 mortgage stress test, the NDP Government increased the foreign buyer tax from 15% to 20%, also introducing/expanding a speculation and vacancy tax. The market will continue to show little activity.

In Calgary – After missing out on the Olympics, it might end up squeezing the city’s economy. However, Calgary is deeply tied to the oil/gas sector and it was the city firmly planted in doldrums.

For more on the topic – Check out the link below:

https://www.repmag.ca/news/canadian-markets-next-year-will-look-like-251453.aspx?utm_source=Pinpointe&utm_medium=20181209&utm_campaign=REP-Weekend&utm_content=5E820814-6993-48E6-A9E5-F4B88518E65F&tu=5E820814-6993-48E6-A9E5-F4B88518E65F

 

 

 

 

 

 

Are Condo Boards Working With The Grinch?

“No Christmas Trees Allowed?”

Most Condo Boards have begun posting notices around their lobby and in mail rooms “Real Christmas Trees are Not Permitted” “Wreaths and Other Decorations or Door Knockers Are Not to Be Hung on Your Unit Door”.

Does Your Condo Board Allow Christmas Trees?

Many of these notices have logical reasons behind them, fire hazards for example, and imagine hundreds of unit owners trying to proudly fit their 7ft Douglas Fir into the elevators. Talk about a cramped elevator ride – and a messy lobby!

However these bulletins during the Holiday Season can sound like they were written by the Grinch himself.

So how can we get our Holiday Spirit Back into our Condominiums?


Check Out Our 3 Favourite Ways to Add Some Festive Decorations To Your Condo!

  1. For Outdoorsy Types, swap out some shelves with tree branches. You’ll get that authentic Christmas tree feel without the pine-needle mess!

Keep it low enough for the kids to hang their favourite soft ornaments with ribbon or string

One string of lights should do the trick – Have some fun and dump the regular shaped bulbs for star shaped lights!

 


2. If it’s pretty ornaments that get you into the holiday spirit, a mesh screen is a great place setter for your favourite ones! This gorgeous DIY vintage window frame can display as many  or as little ornaments as you like.

Bonus: Not feeling the spot you set up? Pick up the whole frame (carefully) and move it around to any room you like!

3. A True Artist Cannot *Resist* a Chalk Board Wall! Check out the beautiful scene complete with fireplace and ode to Rudolph.

How are you going to dress up your Condo For The Holidays? 

Let us know! Post your pics on social media and hashtag #SuttonSpirit so we can see them too! 

 

Sutton Group Realty Systems Inc. Brokerage www.SuttonRealty.com
Toronto: 416-762-4200    Mississauga: 905-896-3333

Sutton Team Real Estate Training – Video’s and Facebook Webinar

Join our Team and be entertained on a topic we all need a refresher on!  Video’s and Facebook – How to Get Your video’s noticed!

Register today at https://bit.ly/2DTQJFx
Sutton Group Real Estate Training – Bringing you the best of the Top Trainers in our Industry.   http://www.SuttonCareer.com

Thinking about changes in your Real Estate Career – Think Sutton!   905-896-3333 or 416-896-3333 – Toronto and GTA Locations.

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

400 Wellington St W Condos in King West Just Sold in One Day!

Gaelen Patrick of Sutton Realty sells an amazing and modern property in just 1 day!

This open-concept, 1 bed room home in the heart of the city got a great deal of attention from its amazing location and the amazing price of $599,900

Professionally staged and photographed to show potential buyers how truly amazing this place is. Congratulation Gaelen!

Sutton Group Realty Systems Inc. Brokerage 416-896-3333

www.CondominiumToronto.com

801 King St Condos “The Citysphere” Sells Over Asking by Fiorella from Sutton!

Fiorella Cribari of Sutton Realty sells a showplace unit at King and Niagara in just 3 days.
This One Bedroom plus Den suite attracted a lot of attention from Toronto first time buyers looking for that sweet spot price of $500,000
in the Niagara neighbourhood in Toronto.
Buyers are looking for more than a studio, they’re striving to get that extra space of a 2nd bedroom and this den is a good compromise if your budget conscious.
Professionally staged and photographed to show potential buyers just how spectacular this suite is.  Bravo Fiorella!  You did make this listing sparkle.
Sutton Group Realty Systems Inc. Brokerage 416-896-3333

GTA Condo Market Outlook Webinar

Is Toronto Building Too Many Condos?

Will Prices and Rents Keep Rising?

Find out what’s in store for the GTA Market Wed Nov 28th 11am

This is a $50 Webinar, But We Will Stream It For FREE In The Office If We Have Enough Interest From Our Sutton Agents!

Click Here to RSVP

Make intelligent decisions by tapping into the industry’s most comprehensive data and respected insights on the GTA condominium and rental market.
UrbanOutlook is a live presentation that provides exclusive access to Urbanation’s premier database and latest market projections. Don’t miss this first-ever opportunity to leverage our expertise without a premium subscription.

Power of Sale Listing in Toronto and GTA

Distress sales resulting from bank foreclosure or power of sale provisions, often represent a great way to get a fantastic deal on a home. It’s not easy for the average home buyer to find these deals, because you have to keep scouring the papers and they are not identifiable on the online listing services.

If you’re the type of person who recognizes what a great potential some of these properties could represent, you will be interested to know about our free Power of Sale members monthly Newsletter.

Call your Sutton Realty Systems agent at 416-762-4200 or 905-896-3333 today and let us know your price range and area.

You can also visit us on-line:

https://www.suttonrealty.com/Power_of_Sales_-_GTA/page_2180752.html

57 Brock Condos – Located At Dufferin St & Queen St W

57 Brock Ave Condos

At Dufferin St & Queen St West

Prices Starting From The High $400,000s!

Occupancy: November 2020

Located In The Diverse Parkdale Neighbourhood That Has Over 129 Stores & Restaurants For You To Discover!

With A Walk Score Of 93/100, You Will Be Able To Complete Most Of Your Daily Errands Without The Use Of A Car!

100% Perfect Transit Score!

Steps To Liberty Village, King West, BMO Field, Exhibition Place, Lake Ontario, Fort York, The CNE & Much More!

Suite Finishes: 9 Ft Exposed Concrete Ceilings, Modern Laminate Flooring, Quartz Kitchen Counters, Stainless Steel Appliances, Stacked Washer/Dryer & More!

Building Amenities: Fitness Centre With Cardio & Weight Equipment, Pet Spa, Dining/Meeting Room, Designer Decorated Party Room with Full Kitchen & Adjacent Outdoor Rooftop Patio Lounge, BBQ area & Eco Friendly Green Roofs!

**Call Us Today For More Information Such As Floorplans, Pricelists, Brochures, etc**

Sutton Group Realty Systems Inc., Brokerage

416-896-3333      905-896-3333

www.SuttonRealty.com

Toronto Condo Apartments For Rent/Lease in Yonge/Bloor, Toronto – 33 Charles St East

Toronto Rentals at 33 Charles Street East Condos for Rent – Walk to Subway!  Yonge and Bloor

•  1 bath , 2 bdrm apartment – FOR RENT  CAD3,050 ML . Toronto Yonge/Bloor 2 Bed Condo for Rent
MLS® 2669024

Toronto Condos for Rent – 2 Bedrooms – Yonge / Bloor Subway – Spectacular Casa Condo!

Incredible Floor Plan With Floor To Ceiling Windows, Pillars And Wrap Around Balcony!

2 Bedrooms With Great Panoramic Views! Bedrooms at Opposite ends of the suite for privacy.

Luxury Upgrades In The Kitchen – Granite Countertop And Stainless Steel Appliances!

Walk to shops of Yorkville, variety of restaurants, easy access to all the best of Toronto!

Toronto Rentals – units for rent from 1 bedrooms to 2 bedroom suites. Parking and lockers available upon request.

Moving to Toronto? Not sure where you’d like to settle? Call one of our Top Rental Professionals. We’ll set up your appointments to view the best Toronto Condominiums to save time and get the most information possible to make an educated decision.

Let us take help you make the move as stress free as possible.

Check out the Video for 33 Charles Street East – View the 2 Bedroom Floor Plan

Property information

Sutton Group Realty Systems Inc. Brokerage – Full Service Rental Department 416-896-3333

Moving to Toronto?   Not Sure Which Neighbourhood is right for you?   Our Team of Professionals can help guide you through the City to Find the Perfect Executive Rental.