Realtor JMD

GAME OF HOMES 🏡🕴🏽👩‍❤️‍👨

Do you have any real estate questions? Stop Scrolling and call me today!
•
•
•
•

Finally…. The bank of Canada has dropped borrowing rates by .25%, not a huge amount, but a step in the right direction, with experts predicting that interest rates will continue to drop over the next 2 years.

Without a doubt many home buyers have held off their decision to buy, waiting for clear signs of declining mortgage rates. As borrowing costs decrease over the next 24 months, more buyers are expected to enter the market, including many first-time buyers. Another benefit of lower borrowing rates, and more first-time buyers entering the market, is that this will free up much needed rental units which have seen huge rental increases due to a lack of supply.

However, don’t be fooled into thinking the real estate market is dead. Far from it!

May saw 7,013 homes sold through the MLS system, at an average price of $1,165,691. The average sale price for the Toronto Real Estate Board now stands at $1,124,377 as of the end of May. (The average sale price in 2023 was $1,126,331). Prices haven’t change that significantly! Our inventory of homes for sale in May was 21,760, 83% more than May of 2023! That large inventory has been the critical factor for stability in home prices. In May the average home sold between 96%-107% of asking price within 19 days of the “correct price” advertising. The demand for home ownership is strong!

Unfortunately, as borrowing costs trend lower, demand will pick up and we will see renewed upward pressure on home prices as competition between buyers increases.

I have access to a rent-to-own program for you to purchase ANY property!!! DM for details 🥰

Spent a wonderful evening in Unionville for dinner with some lovely friends!

🔥🔥🔥🔥NEW LOWER PRICE🔥🔥🔥🔥

***RENT-TO-OWN OPTION AVAILABLE***

***PURCHASE PRICE IS NEGOTIABLE***

WHATS YOUR BEST OFFER?

492 TREVOR ST. COBOURG, ON.

- FOR ASSIGNMENT SALE -

DETACHED 4+1 BEDROOM, 2.5 BATHROOM

UNOBSTRUCTED FOREST VIEWS IN BACKYARD

GORGEOUS LOT

INTERIOR 1,702sf

LISTING DETAILS AND VIRTUAL TOUR;

https://jonathanmuzleradagostini.torontoneighborhoods.com/details.php?mls=0&mlsid=34

492 Trevor St , Cobourg, ON, K9A 4J8

492 TREVOR ST. - FOR ASSIGNMENT SALE -

***COBOURG, ONT***

DETACHED 4+1 BEDROOM, 2.5 BATHROOM

UNOBSTRUCTED FOREST VIEWS IN BACKYARD

GORGEOUS LOT

INTERIOR 1,702sf

LISTING PRICE $1,150,000

COOPERATING AT 2.5%

LISTING DETAILS AND VIRTUAL TOUR;

jonathanmuzleradagostini.torontoneighborhoods.com

NEW EXCLUSIVE LISTING - BRAND NEW CONSTRUCTION - TARION WARRANTY

3+1 BEDROOMS, 3 BATHROOMS, UNOBSTRUCTED CONSERVATION VIEW!

OVER 1,700sf LIVING SPACE PLUS UNFINISHED BASEMENT WITH BEAUTIFUL WALK-OUT TO BACKYARD.

30 X 110 FT LOT BACKING ON TO UNDEVELOPED FORESTRY, UNOBSTRUCTED NATURE VIEW, UPGRADED BRICK & VINYL SIDING.

GLEAMING GRANITE COUNTERTOPS THROUGHOUT!

THIS IS AN ASSIGNMENT SALE SET FOR CLOSING JULY 9TH, 2024

$1,150,000

Coop Com 2.5

jonathanmuzleradagostini.torontoneighborhoods.com

🎉 Lincoln Condos Downtown Calgary 🎉

Why buy in Toronto when you can invest in downtown Calgary for $700/PSF!!

Calgary is a deal compared to Downtown Toronto pre-con selling at $2,000/PSF.

And this complex will not be ready for another 4 years!!!!!

🔑 Occupancy in 2028

💫 Gorgeous Amenities and a Perfect Location to Invest

🚦 11 Avenue Southwest & 2 Street Southwest

1 Bed - starting from $522,795.00
2 Bed - starting from $587,895.00
3 Bed - starting from $688,900.00

💵 Deposit Structure w/ ONLY 10% DOWN

DEPOSIT STRUCTURE

$15,000 due with purchase contract

Balance to 5% due at 90 days

Balance to 7.5% due at 270 days

Balance to 10% due at 450 days

🌟 Highlights 🌟

🔹 FREE Storage Locker ($7,500 value.)

🔹 FREE Parking ($50,000 value.)

🔹3 year FREE condo fees

🔹3 year rental guarantee

🔹$1,500 Assignment ($10,000 value)

🔹FREE Hassle-Free Exit listing service on MLS after closing

🔹$20,000 in FREE upgrades

🔹A development by TRUMAN ⚒️

A great start to 2024! Despite the winter weather and the higher than usual borrowing rates, January’s 4,223 sales were 37% higher than January 2023. The desire for home ownership remains high!

Unfortunately, while the number of new listings was up, they were only up 6%, highlighting tighter market conditions and raising the spectre of bidding wars to come. When? Well, it has already started to a lesser degree, but will really become headline news as the Bank of Canada starts cutting its borrowing rates, likely in the second half of 2024.

Toronto real estate prices reflect immigration to Canada.

As our population continues to increase, and the government's lack of response to keeping housing starts at a level to satisfy demand, prices have risen and will continue to rise dramatically. While all levels of government talk about increasing housing starts, it seems to be more of an opportunity to garner votes rather than solving the problem. As I have been saying for years, the land is there, and builders are willing and able. The governing bodies are just not willing to change or streamline a red tape system that takes years to get a building permit rather than months.

The facts are that house prices and rents will continue to increase and great real estate opportunities exist today!

Your Friend in Real Estate.

May we all find common ground,
In peace and love we must be bound.
Across all cultures, colors, and creed,
Let love and compassion guide our deeds.
For a world united is better than not,
Living together in harmony is best not forgot 💛

Jonathan Muzlera D'Agostini (RealtorJMD)

Praying for World peace ☮️

New Downtown Condo Project Hitting The Market!!

📍 Toronto

📌 250 King East
🚦 King St E & Sherbourne St
🔑 Spring 2028

💰 Pricing Breakdown/PSF

Studio - $619,990 - $1,449 S/SQFT
1 Bed - $729,990 - $1,457 S/SQFT
1 Bed + Den - $799,990 - $1,471 S/SQFT
2 Bed - $939,990 - $1,411 S/SQFT
3 Bed - $1,189,990 - $1,407 S/SQFT

💵 Deposit Structure
*Guaranteed 8% Interest On the First 5% Deposit*
10% DEPOSIT BEFORE OCCUPANCY

$10,000 on signing (Bank Draft)
Balance of 5% in 30 days
2.5% in 366 days
1.25% in 540 days
1.25% on January 5th, 2028
10% on occupancy

🌟 Highlights 🌟

🔹Walk and Transit Score of 100, Bike Score of 98
🔹Located on Toronto’s prestigious King Street crafted by Emblem. ⚒️
🔹Free Assignment and Right to Lease During Interim Occupancy
🔹Guaranteed 8% Interest On the First 5% Deposit*
🔹Reduced Parking Fee - Less $5,000
🔹CAPPED Development Fees

Get in touch with me for more information 💛

Dear Friend, Happy New Year!

The Toronto real estate market had, in my opinion, quite surprising results in 2023.

We entered the year with threats of a recession, increasing borrowing rates, predictions of a huge number of homes going under power of sale. THAT JUST DID NOT HAPPEN. Yes, the constant borrowing rates increased and the naysayers did have an impact on the market, but certainly to a minor extent. The GTA market ended the year with almost 70,000 sales and while there was an impact on home prices the average price dropped 5.4% from the previous year. The largest impact the negativity had was to keep buyers on the sidelines, waiting to see what would happen before they bought a home. Well, now we know the impact, negligible!

Interest rates have already started dropping, which will do two things. One, is that more people can now qualify to buy and two, this will instill confidence in the market. Unfortunately, this is not a good thing for buyers. More buyers create more competition which results in higher prices. When you add into the mix that Canada will accept another 400,000+ new immigrants this year, the lack of housing that the GTA is experiencing will grow exponentially. I think that those people who bought in 2023, despite the higher-than-normal borrowing rates, will be celebrating their foresight!

The good news is that it’s not too late to get into the market. People are slow to adjust, to get into a frenzy of buying. Opportunities exist in the market today. Rental rates have increased tremendously in the last two years. In central Toronto, 1-bedroom units that were renting for $2,200 a month and now renting for $2,900 a month. With record immigration levels, the cost of rent will continue to rise. Of course, there is always the question, “how will people be able to afford that?” The fact is that those who can afford it will live in Toronto, those who can’t will have to share or move further away to smaller communities. New York, London, Tokyo, all world class cities years ago had rates similar to ours, and the prices now are exorbitant. That’s where we’re heading!

I believe now is a great time to purchase an investment property and/or to upgrade your home. If you’re thinking of buying or selling, give me a call, let’s chat. Let me give you the benefit of my experience as well as the experience of RE/MAX, the number one company in the world to help you make the best decisions for you and your family.

Give me a call, it doesn't hurt. Don’t forget you have a friend in real estate!

Have a great 2024!

Wow, a real shocker as buyers reaffirm the strength of the Toronto real estate market! Toronto realtors sold 4,236 homes, a similar amount to the previous November, and the average home price was only down 2% from November 2022! Given the high interest rates and predictions of home prices falling drastically, the November numbers prove that the Toronto real estate market is extremely strong!

In November, homes sold in all price ranges (256 homes sold over $2,000,000) and categories, (62.5% single-family homes and 37.5% being condominiums). The listing stock is at 16,759, approximately four months’ worth of inventory. This means it's an excellent opportunity to get into the market. Buyers are able to see several homes in their price range and gives them an opportunity to negotiate on price and terms, something they have not been able to do in the past when the inventory of homes for sale was limited.

I truly believe this is a great time to get into the market if one has the means to do so. Some people will be triggered to get into the market once they feel confident interest rates will not go up. Others will be triggered when interest rates start to drop. As prices start to increase even more buyers jump in so as not to miss their opportunity.

The longer the delay, the more buyers will jump into the market which cause limited supply, choice and rising prices.

If you are considering buying or upgrading your current home, or buying an investment property, there are great opportunities available. Give me a call, lets chat to see if now is the best opportune time for you, no obligation! After all, you have a friend in real estate!

The Bank of Canada Holds their policy Rate this morning at 5% AND major banks are also dropping their fixed rates!!!!!

🎉 Q Tower - New Incentives 🎉

📍 Toronto

📌 200 Queens Quay W, Toronto
🚦 Queens Quay W & Lower Simcoe St
🔑 2029 Occupancy!!!!

💰 Pricing Breakdown/PSF

Studio - $599,900
1 Bed - $734,900
1 Bed + Den - $739,900
💵 Deposit Structure

FURTHER EXTENDED DEPOSIT SCHEDULE

$10K on signing
2.5% in 30 days
2.5% in 90 days
2.5% in 200 days
2.5% in 400 days
2.5% in 800 days
2.5% in 1200 days
5% on Occupancy

🌟 Highlights 🌟

🔹A last piece of real estate in the heart of Toronto’s stunning waterfront and landmark locations, a development by Lifetime Developments ⚒️
🔹GUARANTEED 5% INTEREST ON YOUR FIRST 5% DEPOSIT ($13k Incentive)
🔹2 YEAR RENTAL GUARANTEE AT $7/PSF
🔹FREE ASSIGNMENT
🔹CAPPED DEVELOPMENT CHARGES AT $15,500
🔹RIGHT TO LEASE DURING OCCUPANCY
🔹CAPPED UTILITY METERING AT $3,000

🔗 Contact Me For The Info Package

Well, I am surprised, but not astonished. Despite the high interest rates and the “nervous” predictions of how prices will be impacted, sales stats were similar to last year, both in terms of numbers and prices.

Toronto area realtors sold almost 4,700 homes in October, with the average home taking just 21 days to sell. Year to date the average sale price stands at $1,136,681 down 4.7% from the start of the year, but that’s not significant as one realizes that the “mix “of homes sold favours less expensive homes due to the higher cost of borrowing.

The difference that I see today versus a year ago, is that the stock of homes for sale, the inventory, is now at almost 20,000, roughly 4 months’ supply, the highest we have seen for some time. This is a reflection of the fact that while people want to buy, both higher interest rates and fear of the unknown is keeping them on the sidelines.

This 4-month inventory, these higher interest rates, represent a great buying opportunity for those able to buy. While prices haven’t dropped drastically as the negative nellies have predicted (These predictions have been circulating since the year 2,000, seriously!), the larger inventory allows a greater choice, versus, “this is the only home so buy or lose it!”

My sincere recommendation is; Get off of the sidelines! If you can afford to buy, do so! There is no doubt that prices will continue to rise, and I believe significantly, due to population growth and inflation.

Give me a call, let's chat about the great opportunities in this market and how I can help you achieve your goals. If you have a friend thinking of buying or selling, please let me know, I will do my utmost for them even if it’s only advice.

I truly appreciate your help in helping make my business successful.

Your Friend in Real Estate

Halloween 2023 🎃👻😜🥳

Recognize Mr. Clean? That guy looked awesome working at the Sunset Grill 😎.. and the beautiful colours of autumn in Canada 🍁

🎉 It’s Here - LSQ2 - New Condo Project

📍 North York, Toronto

📌 2305 Sheppard Ave E
🚦 Sheppard Ave E & Victoria Park Ave
🔑 Occupancy is January 2028

💰 1 Bed + Flex - $628,900
💰 2 Bed - $792,900
💰 3 Bed - $948,900

💵 Deposit Structure

Under 850 Sqft
$10,000 on Signing
$20,000 in 30 Days
Balance to 5% in 120 Days
5% in 365 Days
5% in 720 Days

Over 850 Sqft
$10,000 on Signing
$20,000 in 30 Days
Balance to 5% in 120 Days
5% in 365 Days
5% in 900 Days

🌆 Welcome to LSQ2 - The Future of Modern Living in North York! 🏙️

🚀 Location
Positioned strategically in North York, LSQ2 offers unmatched accessibility with highways 401, 404, and the DVP at your doorstep. With the upcoming Sheppard East LRT extension, your investment is poised for exponential growth. 📈🚇

🏢 Growth
Located within the Consumers Road Business Park, LSQ2 is at the epicenter of economic development. Join the journey to prosperity as over 13,500 jobs are anticipated through the ConsumersNext City Growth Mandate. 🌆💼

🛍️ Amenities
LSQ2 is a stone's throw away from Fairview Mall, Bayview Village, Shops at Don Mills, and Seneca College Newnham Campus. LSQ2 offers residents a green lifestyle with amenities designed to save money and energy. Enjoy features like electric charging stations, secure indoor bicycle storage, and individual suite metering for hydro and water. Convenience at its finest! 🌿🚲

Contact me to schedule your private tour today! 📞📆

I don't know about you but pizza is one of my favorite dishes... Please comment and tell me who makes the best local pizza in your community. I wouldn't mind checking them out 😜 🍕💛

The GTA, and almost all cities in Canada are in a BUYERS MARKET.

For the month of September less than 25% of listings actually sold on the Toronto Regional Real Estate Board's MLS system.

Do you believe Toronto's real estate market has potential to get hot again? If so, then you also know that today is a great time to negotiate the asking prices and save 💰

Send me a DM and let's talk about the best neighborhoods to invest in today.

Residential schools were active over 130 years in Canada. The last one closed in 1996.

Over 120,000 students were admitted and we have found just over 2,400 student bodies to date.

This really breaks my heart 💔

Toronto, Canada has given me so much to love and live for. I am grateful for being born and growing up here.

I am also hopeful that every new generation is becoming kinder 🧡

Let us not forget but learn from and acknowledge our history and never let it happen again.

I had a lot of fun with my good friend last weekend accomplishing the 10km course! We did every obstacle and had a blast!

We are already signed up for the 15km course for next year!!!

I like that we are not competitive but definitely love to challenge ourselves. If you're up for taking part we would be happy to have you part of our team!

Buy your tickets early and use the discount code; TORTM15K24

Overall, the August numbers show the Toronto real estate market is pretty balanced and showing resilience in holding prices against the high interest rate, at the moment. Prices haven't dropped since summer 2022, over a year.

What will happen to real estate prices when interest rates start dropping?

Look for deals now, if you're in the market to buy, and if you need expert advice don't hesitate to give me a call!

Overall, the Toronto housing market is still showing signs of resilience against the high interest rate, at the moment. The average price, in the different property type categories, is still up from last year's numbers and about 34% of listings are selling all over the GTA.

It's a pretty balanced market out there with prices staying strong 💪

Do you want to know which municipalities are in a Buyers market? Check out my next market watch post to find out :)

Having fun creating Real Estate Content with this guy!!!! 📸

July numbers are in. Sales are down and the average price dropped 4.6% from last month..

DYK that the average price is determined by the average price of all the sales for the month?

If there were only 3 sales and one was $2m and the other two were $500k then the average price would be $1m

All I'm trying to say is that there are many opportunities to purchase a property under $1m. Don't let the average price scare you!

Overall, you can see that if you break the average price down by property type then the values are actually up! Check out the first picture on this post to see what I'm talking about.

Even though interest rates are the highest they've been in 15 years we are still seeing a resilient real estate market.

🔥🔥🔥 EXCLUSIVE LISTING FOR LEASE 🔥🔥🔥

1,300sf PENTHOUSE UNIT AT EDS
**20 Shore Breeze Dr**
✔️ City And Water Views
✔️ 2 Premium Parking Spaces
✔️ 3 Lockers
✔️ 2+1 Bedroom, 2.5 Washrooms
✔️ Wrap Around Terrace
✔️ Luxury Amenities

Flexible On Closing 💪

Cooperating With Realtors 💪

Conact Me For More Details And Showings.

Available Furnished or Unfurnished.