October Real Estate Review

October Real Estate Review

  • Sotheby's International Realty Canada
  • November 13, 2023
 
Doorey Chu Team
Red-brick Victorian house with ornate gables partly shaded by a large golden autumn tree.
October Real Estate Review
 
Greater Toronto September sales for detached and semi-detached homes were up over 11 % compared to September 2022, while condo sales for the same period were down slightly by 2.3%.
 
Sotheby’s International Realty Canada’s Fall 2023 State of Luxury Report is out and found that 'luxury single family home sales in Canada’s largest residential markets renewed in the third quarter, even as activity in the luxury condominium market tempered, showing a reflection of changing housing considerations, consumer preferences and financial strategies in light of rising housing prices and carrying costs.' The full Top-Tier cross-country report is included in our Insight Magazine link below.
 
We regard your home as your greatest asset that deserves specific analysis to maximize the best scenario for your future. Whether it is the right time to sell or stay, we will provide you with honest advice and give you the power to make the right decision. If you are thinking of buying or selling let us help you achieve your goals.
 
This month's newsletter includes:
  • Sotheby's Top-Tier Fall Luxury Real Estate Report
  • Toronto GTA Real Estate Sale and Listing Statistics
  • Selection of Sotheby's Fabulous Listings
  • Featured Listing - Condo Town with Fireplace, Roof Deck, Parking
  • Connecting you with Sotheby's International Realty, Portugal
  • Helping Covenant House Care for Homeless Youth
We wish you a fun and safe Halloween!
Linda, Lisa Marie, Lori and Cherry
SOTHEBY'S TOP-TIER LUXURY REPORT
Sotheby's luxury real estate reports beside a vase with red-leaf branches.
Luxury real estate sales in the Greater Toronto Area gained ground in the third quarter, as residential sales over $4 million climbed 32% year-over-year in July and August, then held ground with a 3% annual gain in September.
GTA September Stats
Detached home sales: 549, up 11.8%; average price: $1,724,007, up 8.5%.
Semi-detached homes: 160 sales, down 11.1%; average price $1,281,956, up 5.9%.
Townhome sales and pricing infographic showing 176 sales and an average price of $992,319.
Condo-apartment sales: 850, down 2.3%; average price $732,106, down 4.9% year over year.
Properties Currently for Sale
Red-brick house with dormer windows, chimneys, and a curved driveway around a landscaped front lawn.

$7,895,000

35 NANTON AVE, TORONTO

6
Bedrooms		 6
Baths		 -
Sq Ft.
Request A Private Showing
Red-brick house with a steep front gable, tall windows, and mature shrubs flanking the entrance.

$2,699,000

457 SACKVILLE ST, TORONTO

4
Bedrooms		 4
Baths		 -
Sq Ft.
Request A Private Showing

$3,600,000

16745 KEELE ST, KING

3
Bedrooms		 3
Baths		 -
Sq Ft.
Request A Private Showing
Loft living room with exposed brick, tall industrial windows, and a gray sofa around a black coffee table.

$10,000

43 Hanna Ave 441, Toronto

3
Bedrooms		 4
Baths		 2,800
Sq Ft.
Request A Private Showing
Staged living and dining room with a gray sofa, white fireplace, and large windows.
3 Everson Drive Townhouse #326
Bright And Spacious 2 Bedroom, 2 Bathroom Condominium Townhouse with roof terrace, gas fireplace, parking and locker. Convenient Yonge / Sheppard Location Walking Distance to Whole Foods, Restaurants, Shops, TTC, Schools, easy 401 Hwy access. Incredible value at $635 per square foot for renovated turn-key living. Utilities included in maintenance fees.
Asking $749,900
On November 16th, armed with a piece of cardboard and a sleeping bag Lisa Marie will sleep on the street to help Covenant House raise funds for homeless youth.
Lisa Marie Doorey, 2023 Sleep Out Executive Edition committee member, holds a donor thank-you sign.
Mental health, abuse, and financial distress are only a few challenges many youth face before they land on the street. Covenant House offers education, work training, food, shelter and health care. Learn more about this life saving organization and please donate generously if you can.
Thank you.
Two women pose inside a Portugal Sotheby's International Realty office.
Linda Chu making connections all over the Globe. Linda met with Ana Perdigao at Sotheby’s International Realty PORTUGAL.
We can connect you too!
The Doorey Chu Team has a vast network of relationships with local and international agents who can assist you with buying or selling your property worldwide. Sotheby's International Realty listings on the link below can help you view homes in multiple languages and currencies.
Global real estate infographic showing $204 billion in sales, 79 countries, and 1,000 offices.
Whether we are marketing a $500,000 condo or a $5,000,000 home, the
Doorey Chu Teamprovides local and international marketing plus a professional report with your property results.
Call us for your confidential complimentary home appraisal.
LET'S BE FRIENDS! PLEASE JOIN US ON SOCIAL!
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Doorey Chu Team banner with agent names, a “Meet the Team” button, and phone number 416.960.9995.
1867Yonge Street, Suite 100,Toronto,Ontario,M4S 1Y5
*Broker **Sales Representative
© 2023 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.
 
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