DCT Newsletter May 2023

DCT Newsletter May 2023

  • The Doorey Chu Team
  • 06/20/23

Having trouble viewing this email? Click here to view in your web browser.
Toronto on the Rise....Again.
Toronto Real Estate Board MLS system recorded 7,531sales in April 2023 – down by just 5.2 percent compared to April 2022. Alternatively, on a year-over-year basis, new listings were down by 38.3 percent in April 2023.
“As demand for ownership housing has picked up relative to supply, we are seeing renewed upward pressure on home prices. For a short period of time, higher borrowing costs trumped the impact of the constrained housing supply in the GTA. Renewed competition between buyers is once again shining the spotlight on the persistent lack of listings and resulting impact on affordability,” said TRREB Chief Market Analyst Jason Mercer."
Laneway housing and garden suites have already opened change within our backyards. This month a dramatic new zoning bi-law was passed allowing 'Yellow Zoned' single-family neighbourhood homes to be transformed into duplexes, triplexes and fourplexes...and fast-tracked the timeline from months to 15 days! Previously 70% of residential areas in the GTA permitted only single-detached homes.
Attached is Sothebys' Top-Tier Spring Luxury Report that provides a snapshot of luxury real estate across Canada.
May's monthly Real Escapism is historic on an epic note. The childhood home of Nina Simone, the High Priestess of Soul, was set for demolition before cultural and celebrity intervention saved the 650 s.f. iconic house. On May 20th, Venus Williams, Adam Pendleton, and friends, assisted by Sotheby's' Auction House, raised approximately $6,000,000 to restore it.
Please enjoy the newsletter and we hope to see you at our 25 Berryman Street open house tomorrow. Please let us know if you can make it. :)
Lisa Marie, Linda, Lori and Cherry
416 720 1495
GTA Real Estate Board Stats
The decision will drastically expedite the process of gentle intensification in areas formerly zoned to accommodated only single-family homes.
Top-Tier Real Estate: Spring 2023 State of Luxury Report
Canada’s luxury real estate market saw muted sales activity in the first quarter of 2023, as a shortage of housing supply across every spectrum of the market compelled real estate...
Cinq et Sept (5-7) Open House
Join us on Thursday, MAY 23rd - 5 to 7 pm for Wine and Cheese
25 Berryman Street
Yorkville Walking Heaven
Annex Area Single Family Home



Sq Ft.
Yorkville Victorian House With Celebrity Style Private Lush Garden Steps To Yorkville / Bloor Street Haute Couture And Fine Dining. Approx 3700 Sf Renovated Contemporary Elegance Discreetly Disguised Beyond Historic Charm. Warm Walnut Accent Walls And Welcoming Gas Fireplace Set The Tone For Entertaining And Relaxation. Wood And White Lacquer European Kitchen So Grand It Has Two Well Equipped Caesarstone Waterfall Islands! Separate Dining Room With Elegant Arched Doors To Garden. Turn-Key Entertainer's Dream. Serene Primary Loft-Life Bedroom With Dressing Room And One-Of-A-Kind Ensuite! Full Height Finished Lower Level great for Gym or Family Room, Washroom and Separate Entrance to Garden and Gated Street Entrance.
Request A Private Showing
39 Roehampton, Suite 1209
Luxurious Living with Views in your Brand New 3 Bedroom, 2 Bathroom, 2 Balcony Condo. 24 hour Concierge, Fitness Centre, Games Room, Party Room, Lobby Lounge, Kids Zone, Seasonal Outdoor Home Theater, Pet Spa. Great Schools, Shopping, Restaraunts close by, direct access coming to Yonge Eglinton Centre, TTC with 15 minute ride to Downtown Toronto.
Real Escapism
Nina Simone's Childhood Home Restoration
Pace Gallery in New York and Sotheby's online auction hosted a major benefit gala in support of the Nina Simone Childhood Home preservation project spearheaded by the African American Cultural Heritage Action Fund, a program of the National Trust for Historic Preservation.
The Doorey Chu Team's vast network of relationships, with local and international agents, can assist you to BUY or SELL HOMES WORLDWIDE. Sotheby's International Realty listings on the link below can help you view homes in multiple languages and currencies.
Whether we are marketing a $500,000 condo or a $5,000,000 home, the
Doorey Chu Team provides local and international marketing plus a professional report with your property results.
Call us for your confidential complimentary home appraisal.
1867 Yonge Street, Suite 100, Toronto, Ontario, M4S 1Y5
*Broker **Sales Representative
© 2022 Sotheby’s International Realty Canada, Brokerage. Independently Owned & Operated. All rights reserved. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. E&O.E: This information is from sources which is deemed reliable, but must be verified by prospective purchasers and may be subject to change or withdrawal. Not intended to solicit properties already under agreement.
This email was sent to .
Don't want to receive content from Doorey Chu Team anymore? Unsubscribe here.
Powered by ActivePipe

ActivePipe Message ID: 1667000

Work With Us

Follow Doorey Chu Team on Instagram