Peyman Dordi

⭕️ FOR LEASE ⭕️

📍14 Ivory Court, West Woodbridge
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✅ Spectacular detached home

✅ 4 bedroom

✅ 3 bathrooms

✅ Located in a very quiet court with virtually no traffic passing by

❌ Available for immediate occupancy ❌

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📊 Things to keep in mind if you're thinking of waiting out the hot housing market:

• Don’t Let FOMO Drive You
• 2022 Is a Slightly Better Time To Buy
• No One Can Predict the Next Drop
• Don’t Wait for a Better Price
• Rents Are Sky High
• This Market Is Stable
• You’re Ready When You’re Ready

🔗 Source: Yahoo Finance

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📊 SECOND HIGHEST FEBRUARY SALES ON RECORD

📈 February home sales were down compared to the all-time record in 2021, but represented the second-best result for the month of February in history.
The supply of listings for low-rise home types (detached, semi-detached and townhouses) was also down year-over-year, but not by as much as sales. In the condominium apartment segment, particularly in Toronto, new listings were up in comparison to February 2021.

🔗 Source: TRREB

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✨Happy International Women's Day✨

📊 Ontario housing task force recommends ways to boost home supply.

📈 A housing affordability task force convened last year by the provincial government released a report with 55 recommendations aimed at allowing more people in Ontario to find and afford a home — including a goal of building 1.5 million homes in 10 years.

🔗 Source: Global News

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⭕️ SOLD ⭕️

🥂 Congratulations to my buyer clients for purchasing this gorgeous house in one of the most sought-after neighbourhoods of Richmond Hill, Westbrook. It was an absolute pleasure for me to be part of this journey with you. You guys are the best. :)

🎊 Sharing in your excitement over your new house and wishing you much happiness as you get settled in.

✨Thank you Helen @... for your hard work and can't wait for another opportunity for doing business with you.

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📊 ‘Demand isn’t going away’: Toronto-area real estate board expects prices to jump 12 per cent this year, with fewer first-time home purchases

🔗 Source: The Star

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📊 Toronto’s average home price hits record $1.3-million but gains expected to slow

📈 Toronto’s average home price set another record in January, nearing $1.3-million and marking the sharpest monthly price increase since the region’s previous real estate boom in 2017. But the local real estate board expects price growth to slow this year as the Bank of Canada gets set to hike interest rates and raise the cost of borrowing.

🔗 Source: The Globe and Mail

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📊 City of Barrie offers incentive to trade parking tickets for restaurant receipts amid indoor dining ban

📈 The City of Barrie is offering an incentive to support local businesses by trading parking tickets for restaurant meal receipts amid COVID-19 restrictions.

📉 Officials said effective Jan. 18, residents who get a parking ticket in paid parking areas from the City can have that ticked nulled if they provide a receipt from a Barrie restaurant.

🔗 Source: Global News

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📊 Bank of Canada holds rates despite surging inflation.

📈 The Bank of Canada surprised markets Wednesday by keeping its key lending rate at 0.25 per cent, while putting Canadians on notice that interest rates will eventually rise.

🔗 Source: BNN Bloomberg

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📊 Record GTA Home Sales and Average Price in 2021

📈 A record 121,712 sales were reported through TRREB’s MLS® System in 2021 – up 7.7 per cent from the previous 2016 high of 113,040 and up 28 per cent compared to 2020. Record demand last year was up against a constrained supply of listings, with new listings up by 6.2 per cent – a lesser annual rate than sales. The result was extremely tight market conditions and an all-time high average selling price of $1,095,475 – an increase of 17.8 per cent compared to the previous 2020 record of $929,636.

🔗 Source: The Real Deal

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📊 Toronto Has All-Time Low of 3,200 Homes Left for Sale

📈 GTA, a region of 6.5 million, has just 3,200 homes for sale, an all-time low. That’s less than half the 7,900 on the market a year ago.

🔗 Source: The Real Deal

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📊 Visualizing the future of Toronto's urban centers

📈 A Toronto man has created a 3D visualization showing how dramatically the city will change over the next 10 years and its generating some discussion.

📉 Toronto's skyline has changed significantly over the last few years and there are more skyscrapers on the way.

🔗 Source: BlogTo

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📊 Newly built houses hit record price in October as supply dwindles

📈 New construction single-family home prices hit a new record in the Toronto region last month with a $1.66-million benchmark that was 36.6 per cent above October 2020’s $1.21 million.

📉 It was the second month in a row that the price for newly built detached, semi-detached and townhouses rose more than 30 per cent, as supply dwindled to the second lowest level on record.

🔗 Source: Toronto Star

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⭕️ SOLD ⭕️

🥂Congratulations to our buyer client for purchasing this gorgeous condo with a great view and located at one of the most sought after neighborhoods of Toronto.
It was such a pleasure working with you and thank you for trusting me with the purchase of your first property.

☎️ DON’T HESITATE TO CALL ME WITH YOUR REAL ESTATE RELATED QUESTIONS

📊 Canada posted an explosive month of job growth in November.

📈 The economy saw a net gain of 154,000 positions last month, following the creation of 31,200 jobs in October, Statistics Canada said Friday. The unemployment rate tumbled to 6 per cent from 6.7 per cent. It was the sixth consecutive month of job growth since the summer reopening.

🔗 Source: The Globe and Mail

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📊 Toronto may lift parking space minimums for new developments in bid to address housing affordability

📈 "A report that will go before the city’s planning and housing committee on Thursday recommends that parking minimums for new developments be scrapped city-wide “with the exception of maintaining minimum requirements for visitor parking and accessible parking.”

📉 In fact the report cites data which suggests the average cost of constructing a new parking space as part of a development is $48,000 to $160,000.

📈 It also says that in Toronto the minimum standards for parking spaces mean that each space take up at least 236 square feet of space, or about half the space needed for many one-bedroom units.

🔗 Source: CP24

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📊 Toronto Real Estate Market Expected to Remain Extremely Tight.

📈 "The competition for limited housing options is expected to escalate over the next few years, too. With the economy reopening, foreign and domestic students returning to university lecture halls and college classrooms, and Canada welcoming approximately 1.2 million newcomers to the country over the next three years, there will be even greater demand for residential properties – both home ownership and rental."

🔗 Source: Remax.ca

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⭕️ SOLD ⭕️

📍43 Eleanor Circ, Richmond Hill
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🥂 Congratulations to my buyer client for purchasing this amazing detached property in one of the most sought-after neighbourhoods of Richmond Hill.
I wish him the best of luck and success

☎️ DON’T HESITATE TO CALL ME WITH YOUR REAL ESTATE RELATED QUESTIONS

📊 Canadians Are Using Real Estate to Outrun Record Inflation.

📈 As we enter a hyper-inflationary environment, real estate is proving one of the few soluble ways to stay ahead of the curve.

🔗 Source: Storeys.com

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📊 Toronto Beat Out Every City In The Entire Continent For Its Growing High-Tech Job Market.

📈 Even though the world was deep in the pandemic during 2020, the CBRE's 2021 report revealed that 219,000 high-tech jobs still popped up throughout North America by June 2021.

📉 Ontario has even more to celebrate than Toronto's booming success in the high-tech job market. CBRE also pointed to Waterloo and Ottawa as two up-and-coming tech markets to keep an eye on for future job growth.

🔗 Source: Narcity

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📊 Market Watch, Oct 2021:

📈 In October, the near-record home sales and low inventory marked strong price growth across the GTA.

📉 There were 11,740 homes listed in October 2021, down by 34 per cent year-over-year.

📈 The average selling price in October 2021 was $1,155,345 up by 19.3 per cent year-over-year. On a seasonally adjusted basis, the average selling price was up by 1.5 per cent over September 2021.

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📊 Average Price Change Across Canada-September 2021

📉 Home sales are down 17.5% across Canada, with 50,750 units sold in September 2021, compared to 61,480 in September 2020.

📈 New listings are down 19.6% across Canada, with 69,636 new listings added in September 2021, compared to 86,665 in September 2020.

📉 The average price of homes sold across Canada in September 2021 was $686,656, up 13.9% from $602,657 in September 2020.

🔗 Source: CREA

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⭕️ SOLD ⭕️

📍 2026 Chrisdon Rd, Burlington
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🥂 I'm really excited for my buyer clients who bought their first home in one of the best neighbourhoods of Burlington. We were able to buy this beautiful detached house for just under $1M!

✨ I'm glad that this house checks almost all the boxes for them and we managed to stay in their budget.

🍾 Wish you both the best of luck moving into your new home.

☎️ DON’T HESITATE TO CALL ME WITH YOUR REAL ESTATE RELATED QUESTIONS 😊

⭕️ Highly Profitable Healthcare Businesses for Sale ⭕️

💥 This is your opportunity for being part of the booming healthcare sector in GTA.

✅ Physiotherapy, Chiropractor, Naturopath, Acupuncture, and Massage Plus Optical/Vision.

✅ Extremely Successful Business with 1,000+ Very Loyal Returning Clientele.

✅ Close to Many High-Rise Buildings, 26,000 Residents are living in the walking distance radius.

✅ Long Term Lease Contract Already in Place.

✅ Vacant Space Available in the Second Floor which Can be Used for Expanding the Business or Rented for Significantly Reducing the Monthly Rent.

✅ Financing Options Available.

✅ Current Owner Can Provide Training, if Required.

☎️ DON’T HESITATE TO CALL ME WITH YOUR REAL ESTATE RELATED QUESTIONS

🥂 May you celebrate the thanksgiving day with love in your heart, prosperous vision in your mind, and gratitude in your being. Thanksgiving wishes to everyone!

Happy Thanksgiving! 🦃

❄️Toronto's Winter Forecast Is Here & The First Snowfall Is Expected To Happen This Month ☃️🌨❄️⛄️

🔗 Source: Narcity

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🟠 September 30, 2021 marks the first National Day for Truth and Reconciliation.

🔶 The day honours the lost children and Survivors of residential schools, their families and communities. Public commemoration of the tragic and painful history and ongoing impacts of residential schools is a vital component of the reconciliation process.

🟧 This National Day for Truth and Reconciliation, explore the rich and diverse cultures, voices, experiences and stories of the First Nations, Inuit, and Métis peoples.

🔗 Source: Canada.ca

📊 September distractions keep sellers on the sidelines

📈 For many sellers, real estate transactions were a low priority in early September as families turned their attention to students returning to school and the federal election.

📉 Never has the election been so focused on the housing industry.

📈 Looking ahead, it is expected the market to ramp up for the next few weeks, then slow down toward the end of the year, as it did in years past.

📉 The pandemic disrupted the usual rhythm of spring and fall markets, but buyers and sellers will begin paying attention to the calendar again soon.

🔗 Source: The Globe and Mail

☎️ DON’T HESITATE TO CALL ME WITH YOUR REAL ESTATE RELATED QUESTIONS 😊