Simon Milberry | RE/MAX Hallmark Realty Ltd., Brokerage

Real Estate Blog

February 2018 Market Review

Once again, there's a lot of noise and nonsense about the Toronto real estate market. Headlines with words like "plummet" and "slump" make it seem as though the market is in bad shape. It's not. Firstly, we typically compare a month (e.g. February) to the same...

January 2018 Market Review

You may have heard that 'sales were down' in January, with the implication that that's a bad thing. As anyone actively involved in the Toronto real estate market knows, the market is not 'down' at all. In fact, it's crazy busy out there. The first thing...

1113-231 Fort York Blvd **SOLD!!**

Update: We had over 130 showings booked for this great starter condo, and generated 11 offers! The property sold 'firm' on offer night. The condo market is hot! *** The amount of development around Fort York in recent years has been amazing. Not only have loads of...

December 2017/Year End Market Review

The Toronto real estate market survived a roller-coaster-like year in 2017. The first quarter (Q1) saw wicked price increases, followed by a hard rebound in prices in Q2, which in turn was followed by a period of relative calm in Q3, then a surge in...

377 Sammon Ave – detached with private drive ** SOLD**

It took a while, but patience is a virtue and this beauty is now sold! :) Read on for my original thoughts on it. --- This is a great two-bedroom house with a private drive (2+ spots) just a few blocks from Michael Garron (formerly Toronto East...

Big news from RE/MAX Hallmark Realty

RE/MAX Hallmark was already the biggest (and best!) RE/MAX franchise in the GTA, and today it's even bigger (and better)! Ken McLachlan, Broker of Record/Owner, just announced the addition of RE/MAX First Real Estate into the RE/MAX Hallmark family, effective immediately. RE/MAX First has over 130...

The Silver Lining to B-20 – Guest Post by Capital Home Lending

This week OSFI released the latest update to the Residential Mortgage Underwriting Practices and Procedures (commonly referred to as B-20). Here is a LINK to the statement OSFI made in their press release letter. Should you wish to view the entire document from OSFI, it...

Market Review September 2017

The most obvious aspect of the September market was the drop in sales volume. Transactions were down 35.1%, from 9,830 last year to just 6,379 this year. At the same time, the number of active listings surged from 11,255 to 19,021, an increase of 69%. This is, broadly...

OTM: 147 Maclean Ave – Gorgeous Beach Property

Oasis in the City - Recently featured in the Toronto Star, this beautiful home is a one-of-a-kind Arts and Crafts restoration. Fully finished, it features five bedrooms and four bathrooms over three floors plus a finished basement. There's plenty of room inside for living and...

26 Irvington Cres in Willowdale – ** SOLD!! **

This is a great house in a fantastic area. Willowdale has long been known for its comfortable homes on large lots. In recent years, the area has also become known for rapid growth. The nearby Bayview Subway station has been open for about 15 years,...