DCT Newsletter June 2022

DCT Newsletter June 2022

  • Doorey Chu Team
  • July 12, 2022
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Doorey Chu Team
June Real Estate Review
People relaxing in a leafy courtyard garden with flowering plants and a pergola.
Lots to Love in Yorkville
June has been a great month to celebrate with Pride dancing once again on Toronto streets, parks and patios.
 
This week, and throughout the Canada Day long weekend, the 35th Annual Jazz Festival outdoor venues highlight tremendous talent and what a great city we live in. The performance schedule is linked below with a venue map.
 
Yorkville and the surrounding Bloor Street shops and restaurants are featured in the Toronto Life article Yorkville The Ultimate Summer Destination that will surely wet your appetite and inspire your wardrobe.
 
One of Yorkville's finest Victorian homes, 25 Berryman Street, is now for sale and a great venue unto itself with a lush private garden, grand modern kitchen, four boutique hotel-style bedrooms, and over 3700 square feet including the lower level with fitness room. It is featured in BlogTo this month!
 
If you are looking to lease in Yorkville we have a Four Seasons Private Residences two bedroom suite coming to market in July. And although we just sold our two bedroom listing at 18 Yorkville Avenue we can help you buy, sell or lease in the Yorkville / Annex neighbourhoods to enjoy this fabulous lifestyle.
 
We have seen less sales activity in June with inflation concerns and interest rate hikes yet the unemployment rate remains one of the lowest on record and interest rates are still historically low. Compared to the height of sales activity in May 2021 to May 2022 an average of 30% less activity was recorded across all home types while sale prices were on average 10% higher. The market has changed providing a more balanced environment for buyers and sellers where home sales are negotiated and not bid for blindly in competition.
 
Please let us know if we can help you move.
 
Wishing you a great Canada Day weekend,
Lisa Marie (LM), Linda, Lori and Cherry
Detached home market infographic: 814 sales, down 34.8%; average price $1,914,890, up 11.5%.
Semi-detached homes: 316 sales, down 29.1% year over year; average price $1,426,273, up 7.5%.
Toronto condo-apartment sales and average price statistics for May 2022.
Townhome market infographic: 267 sales and an average price of $1,045,874, with year-over-year changes.
OUR YORKVILLE LISTINGS
LIVE IN LUSH LUXURY
Wooden backyard deck with pergola, dining set, and leafy garden
Welcome to Walking Heaven
Boutique Hotel-Style Comfort in Yorkville Victorian Four Bedroom Home
18 YORKVILLE AVENUE, SUITE 2002
Furnished condo living and dining area with floor-to-ceiling windows overlooking the city skyline.
Two Bedroom Corner Suite Two Ideal for Couple or University Mates
 
JUST SOLD
Four Seasons Private Residence
Four Seasons Hotel and Residences beside a paved plaza, red fountain, and leafy trees.
Two Bedroom Suite for Lease
Coming Soon
Toronto Life Features Yorkville as the Ultimate Summer Destination
Modern building plaza at night with illuminated trees and people seated near a performance area.
Ice Cream Anyone?
JAZZ FESTIVAL VENUES
Event map marking The Block, Festival Village, The Grove, stages and venues along Toronto streets.
REAL ESTATE ESCAPISM
Madonna lists Los Angeles-area mansion purchased from The Weeknd
Luxury home with a glass-fronted entrance, landscaped grounds, and several cars displayed in the driveway.
Sotheby's International Property Journey
Whether we are marketing a $500,000 or a $5,000,000 home, the Doorey Chu Team will provide you with the largest scope of Sothebys' International Realty marketing reach and a professional report with your property results.
Language and Currency preferences are yours to choose
on our Sothebys' International Listings Link
Global real estate infographic showing $204 billion in sales, 79 countries, and 1,000 offices.
Doorey Chu Team banner with agent names, a “Meet the Team” button, and phone number 416.960.9995.
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1867Yonge Street, Suite 100,Toronto,Ontario,M4S 1Y5
*Broker **Sales Representative
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