Wednesday, July 22, 2009

Hot Downtown Condo Market

The downtown Toronto market is extremely hot at the moment. I have been representing the owner of a downtown condo, assisting them in the sale of a condo at 18 Stafford Street - in the King West Village area.

The property was listed for one week, with 75 showings and 5 offers. It ended-up selling over asking with no conditions.



There are not enough one bedroom condo suites on the market right now to satisfy consumer demand. Too many buyers are chasing not enough properties. Clearly this is an excellent time to be selling a condo, but trickier to be the buyer.

This suite was beautifully prepared by the owner as well as staging from Julie Reinhart.

Thinking of making a move? Ask how I can be of help.

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