Can anyone please give some information about the value appreciation trend of last five years for properties ( Condos, appartments and Townhouses)situated in Greater Toronto area . I would also like to know about the Rental trend in the same area. Thanks.

Hi,

Could you please be more specific about the areas you need information about so that I can search the information you are looking for. Ideally, you could give the intersections of the areas of your interest.

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Rajeev Narula, Broker, REALTOR®
ACE TEAM REALTY INC., Brokerage
10 Kingsbridge Garden Circle, Suite 704
(Opp Square One - HWY10/403)
Mississauga, ON L5R 3K6
Bus: 1-888-355-3155 Ext. 300
Fax: 1-888-443-3155
Email:
Web: http://www.RAJEEV.ca" rel="nofollow">LINK

Rajeev,


Thanks for your response .I am interested to know about the following places

Danforth, eglington, Etobicocke, Yonge, Missisaga etc.

Hi jazzartist,

this prettymuch covers the whole town and it will take me whole week to write down the full report.

You have to be more specific. Mississauga, Etobicoke etc are just too vague.

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Rajeev Narula, Broker, REALTOR®
ACE TEAM REALTY INC., Brokerage
10 Kingsbridge Garden Circle, Suite 704
(Opp Square One - HWY10/403)
Mississauga, ON L5R 3K6
Bus: 1-888-355-3155 Ext. 300
Fax: 1-888-443-3155
Email:
Web: http://www.RAJEEV.ca" rel="nofollow">LINK

What about Scarborough ? I have a friend who bought a 2bed+den condo at Scarborough for 135K three yeras back and he is finding it difficult to sell at 125K. The guy had to leave a great job offer because he just cannt sell and move.

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"The grass is not, in fact, always greener on the other side of the fence. Fences have nothing to do with it. The grass is greenest where it is watered. When crossing over fences, carry water with you and tend the grass wherever you may be"

Hi Timon,

I will need the exact address. I can then tell whether your friend overpaid for the property when he purchased it or it has fallen in value (which too can happen if the area has been recently affected by excessive crime, dilapitated building conditions, demographics, new development, steep increase in maintenance fee, special assessment etc).

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Rajeev Narula, Broker, REALTOR®
ACE TEAM REALTY INC., Brokerage
10 Kingsbridge Garden Circle, Suite 704
(Opp Square One - HWY10/403)
Mississauga, ON L5R 3K6
Bus: 1-888-355-3155 Ext. 300
Fax: 1-888-443-3155
Email:
Web: http://www.RAJEEV.ca" rel="nofollow">LINK

I have a suggestion for Jazzartist.
1.1st thing go to http://www.mls.ca.." rel="nofollow">LINK check the areas you like and then zero in
2. the prices of Townhouse/Condomonium is very much dependent on location ..location location ..and includes these top reasons for appreciation in the future
a. close proximity to Subway, TTC stops or Highways
b. other related services - lIbrary, hospital, school
The prices can remain same or even decline because of
a. not suitable area as percieved my majority of the polulation..ie parts of scarborough & Etobicoke because of Crime
b. Old building with no proper management
c. INcrease in maintenance fees ...
send me a mail in case you want more information...