March 2022 Newsletter

March 2022 Newsletter

  • Doorey Chu Team
  • 03/30/22

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MARCH 2022 MARKET REVIEW
MARCH TOWARDS DOCKS
Hello Friends,
 
To help you blow away the winter blues we would like to offer you FREE TICKETS for the COTTAGE SHOW Thursday, April 7th to Sunday, April 10th. Our associates Shawn Woof specializing in Muskoka properties along with Kevin Gilchrist selling in Georgian Bay / Collingwood will be at the Sotheby’s International Realty booth to answer all things Drive, Dock and Dive for you.
 
In the GTA sales activity are down across all housing types (See Stats below) and prices continue to rise triggered by lack of inventory. The newly announced Non-Resident Speculation Tax from 15% to 20%, now in effect province wide, likely won't make a huge dent in the GTA market other than perhaps less foreign investors in the new construction sector. According to Urbanization (the leading source in condo analysis) 30,844 new condos were sold in 2021 marking a 69% increase in volume from 2020. With over 200 cranes scraping our skies there is some relief in sight in the condo supply chain. We have connections with Toronto developers and can help you enter the market as a first time buyer or find an investment condo.
 
If you’re looking to buy, sell, or invest anywhere in the world, please let us help. We have missed our Sotheby’s International Realty conferences however in many ways the simplicity of Covid Zooming has brought us closer and taught us more about real estate in other countries. We can help find the perfect match for your Canadian or International real estate dreams via our vast network of top agents worldwide. Although there isn't a direct flight to Andorra from Toronto, have a look at the attached luxury rental article and Andorra may make its way onto your bucket list.
 
As we work on spring listings we share with you a sneak peak at a cottage coming to market Shawn Woof can help you with and a grand Summerhill condo with direct elevator access.
 
Warm regards,
Lisa Marie (LM), Linda, Lori and Cherry
Ontario’s cottage country is one of the most beautiful and exclusive areas for living and vacationing in Canada. The Cottage Show is a LIVE EVENT and great kick-off to contemplate buying a cottages and/ or dock ware. We can help you explore the possibilities! Order your tickets from us here.
MUSKOKA COTTAGE
Muldrew Lake
Serenity and beauty surrounds this four bedroom cottage or year round home on Muldrew Lake. Muskoka granite, red and white pine trees provide the perfect backdrop for all to enjoy. Upon entrance, the welcoming foyer has a stone accent wall leading to the great room with a vaulted pine ceiling and timber post and beams. Unwind in the great room with views of the lake and a floor to ceiling stone fireplace. Spend time on the dock with early morning coffee and evening cocktails. Muldrew lake is awaiting for you to begin your Muskoka memories for years to come.
COMING SOON
Summerhill Condo with Direct Elevator Access
Luxurious Boutique Condo
Exceptional Location, 2 + Bedroom with 2 Balconies, 2 + Bathrooms, 2 Parking Private Elevator, East Facing overlooking the Park and Tennis Club. Walk to Yonge Street, Restaurants, Shopping, Transit, Schools, Ramsden Park.
Global Getaways: Luxury Rental Market Spotlight On The Principality of Andorra
The Principality of Andorra can be found on the Iberian Peninsula, bordered by France and Spain. Learn more why this popular destination for tourists may be the destination for your next rental investment.
Whether marketing a Five Hundred Thousand or a Five Million Dollar home, the Doorey Chu Team provides you with a vast scope of Sothebys' International Realty local and international marketing backed by professional reports with property exposure results. We are committed to achieving the best sales experience for you.
10 Advantages of Working with Sotheby’s International Realty Canada
Luxury is an experience, not a price point. We strive to uphold exceptional standards in every aspect of our services and take great pride in making your home shine.
10 Advantages of Working with Sotheby’s International Realty Canada
and the Doorey Chu Team
2022 Luxury Outlook Report
The second annual 2022 Luxury Outlook report is an in-depth exploration of high-end residential markets across the globe.
1867 Yonge Street, Suite 100, Toronto, Ontario, M4S 1Y5
*Broker **Sales Representative
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