Condos Sales are Soaring in Etobicoke

Condos whether they be high rise or boutique or townhome they are making a lot more sense now than ten years ago. Definitely they are easier to maintain, more secure and now increasing in value due to the latest trends. Boomers kids are out of school and the home is looking big and lonely. The pool attention is now all upkeep with the gang all gone. Its time to travel and what makes more sense than condo living.
Toronto condo sales spiked in September, report says
If you want to own a home in Toronto, you better be prepared to live in a condominium.
RealNet Canada says six out of every 10 new homes sold in the city are now high-rise condominium units. Condo sales in September were up 66% from a year ago.
Last month was extraordinary but for the first nine months of the year condominium sales were up 31% from a year ago.
“It’s getting to sound like a bit of a broken record but the condo market is the market story of 2007,” says Bob Finnigan, president of the Building Industry and Land Development Association in Toronto.
It is not hard to surmise why condo sales are going through the roof — they represent a cheap alternative to single family detached homes in Toronto’s strong real estate market.
Garry Marr


For more information please contact:

Kathy Gordon
Sales Representative
RE/MAX Professionals Inc., Brokerage
270 The Kingsway Suite 200, Toronto, Ontario M9A 3T7

BUS (416) 236-1241
FAX (416) 231-0563
E-MAIL kathy@etobicokehomes4sale.com
Website: etobicokehomes4sale.com