North York condo market was flat in Aug 2021

North York condo market was flat in Aug 2021

North York condo market was flat in Aug 2021

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North York condo market was flat in Aug 2021.

Sheppard Finch Subway Line

The average sales price was not changed compared with last month. The rental market picks up significantly. Demand for all types of rental properties increased. The average rental price increased by at least 10% since early Jan.

Bayview Leslie Line

The average price for units at 500-599sqf (with one garage) was up by 3.7% from last month. The current month of inventory is about 3.2, towards a more balanced market. Almost every unit coming out of the market will be sold within 8 days. For the larger condo unit, between 900-999sqf, the MOI is 0.3 and it is a very strong seller’s market.

Donmill Subway Line

The average price of small units (500-599sqf) was down 5.8% in Aug 2021. The average rental price was up by around 10% for all condo properties.

If you plan to move to North York or you want to learn more about real estate investment opportunities in North York, please contact Toronto real estate agent Realtor Alan Zheng at 647-877-9311.