October 5, 2011 -- Greater Toronto REALTORS® reported 7,658 transactions through the TorontoMLS® system in September - a 25 per cent increase over September 2010. Sales during the first three quarters of 2011 amounted to 70,588, representing a 2.6 per cent increase compared to the first nine months of 2010.

"We have experienced strong growth in sales so far this year, with a much more active summer compared to 2010. However, while sales have been strong, we have continued to experience a shortage of listings, resulting in more competition between home buyers," said Toronto Real Estate Board President Richard Silver.

"Over the past few months, the listing situation has started to improve, so we expect home buyers will have more homes to choose from in the months ahead." With annual growth in sales (+25 per cent) outstripping annual growth in new listings (+15 per cent) in September, market conditions became tighter and the average selling price continued to grow by close to 10 per cent on a year-over-year basis.

 

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Attractive And Spacious Executive Townhome. 1375 Sq.Ft., 3 Bedrooms, 3 Washrooms, Formal Living And Dining Areas, Great Kitchen, Large Private Balcony, 2 Car Built-In Garage With Direct Access To Unit. Solid Wood Staircase, Hardwood Floors And 9 Ft Ceilings On Second Floor. All 3 Levels Above Ground. Very Bright Unit Offers Windows In Every Room.

This upgraded home is set on a quiet court near Anchor Park. 70 foot frontage and 2/3 of an acre lot. Thousands spent on bathrooms, hardwood floors, broadloom, electrical, attic insulation, ventilation system, pool, etc. Perfect for a growing family, close to Newmarket shopping and entertainment, parks, schools, public library and York Region Transit. Conveniently located between highways 400 and 404 and close to Greenlane GO station. Rear garden boasts a great child-safe pool, wraparound decking and a large storage shed.

Also an attractive income property near Main Street and Southlake Regional Health Centre. 3 Self Contained Units-Main Floor Is A 2 Bedroom Apt. Owner Occupied ($1200/Mth Market Rent).

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We found this home for our client!

Upper Bluffs, Chine Dr Neighbourhood. 3 Bdrm Brick Home With Garage, Update Windows, Newer Furnace And C/Air, Hardwood Floors Throughout. Separate Entrance To Finished Basement, Entrance From Garage To House. Close To Bluffs, Marinas, Go Train, Shopping, R.H. King Academy And Other Great Schools.