Corinne McCabe ABR, Broker

Bosley Real Estate Ltd., Brokerage

Cell 416-888-9842 | info@corinnemccabe.com

Over the past few days, we’ve seen many changes to our daily routines as a result of COVID-19. We at Bosley feel it’s our duty to give back to the community we love so dearly in whatever way we can, so we’re coming to you! We have gathered together a group of volunteer agents who are available to help you with deliveries, whether it be groceries, or any drug store need. Just give us a call at 416-530-1100 and ask for Mary and we will get right on it to help you. Nothing about this time is normal and we’ve abandoned trying to make it so. But we are still reaching for little things that offer support.


We’re only beginning to understand the destructive nature of COVID-19 and the way this pandemic will transform how we work and live together. We do understand, however, that the need to social distance from each other to curb this pandemic is particularly problematic when making the biggest purchase or sale of your life; this decision requires a high level of trust and a high level of interaction and asking you to reduce face time with an agent is a lot to ask. 


Bosley Real Estate is one of the brokerages participating in the growing practice of requiring buyers, sellers and service providers to acknowledge the risks to personal health that arise from showing and visiting the property during this pandemic. All sales representatives are dedicated to participating in the global, national and local efforts to reduce the spread of COVID-19. Following the mandate from our government and regulatory agencies, we have pared back our offices and have implemented strict policies to protect both our communities and agents. We have done this, however, without compromising our ability to serve.


We are in uncertain times today, but the values - trust, integrity, knowledge and discretion, that has defined Bosley Real Estate for ninety-two years remains unchanged. With these values in mind, it is more important than ever that we continue to observe the COVID-19 restrictions so that lives are saved, communities are maintained and, eventually, business as usual will be an option.


Bosley Real Estate Ltd. is a full service boutique brokerage operating in Toronto, Niagara-on-the-Lake, Port Hope and Cambridge Ontario since 1928. We have four centrally located offices and over 250 sales representatives selling and leasing homes and condominiums in all the vibrant communities we work in. Our brand is well recognized internationally thanks to our unique affiliation with Leading Real Estate Companies of the World. Our sales teams meet weekly to discuss market conditions, trending topics, and anecdotes that more accurately reflect the true temperature of the real estate market.

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New featured property at 326 1720 Eglinton AVE E in Toronto.
This Lovely Family Sized 2 Bedroom, 2 Bath + Den Is Perfect & The Den Is Big Enough For A Nursery Or 3rd Bedroom. Quiet, North Facing Overlooking The Trees And Courtyard & A Lovely Open Balcony To Enjoy It. This Building Is Family Friendly, Pet Friendly & Recently Designated As Smoke Free. TTC Right At The Corner, W/ Future LRT's Sloane Stop. Resort-Like Amenities; 24 Hr Concierge, Outdoor Pool W/Lifeguard At Peak Hrs, Gym, Whirlpool, Tennis Court, Saunas & More! Click for Neighborhood Information
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Please visit my Open House at 58 Rose AVE in Toronto.
OPEN HOUSE: Sat/Sun 2-4
This Fabulous, Large, 3 Story Second Empire Heritage Home In Cabbagetown Is A Definite Must See. End Of The Row, & Uniquely Shaped 5 Bedroom, 4 Bathroom House Is Great For Any Extended Family, Or Throw The Party Of The Year In The Grand, Oversized Living Room That's Perfect For Entertaining. 3rd Floor Contains 2 Bedrooms, Kitchen & Bath Which Would Make A Perfect Nanny Suite. This Changing Neighbourhood Is Only Improving, Get In Now While You Still Can. Click for Neighborhood Information
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Please visit my Open House at 58 Rose AVE in Toronto.
Open House on Saturday, March 14, 2020 2:00 PM - 4:00 PM
This Fabulous, Large, 3 Story Second Empire Heritage Home In Cabbagetown Is A Definite Must See. End Of The Row, & Uniquely Shaped 5 Bedroom, 4 Bathroom House Is Great For Any Extended Family, Or Throw The Party Of The Year In The Grand, Oversized Living Room That's Perfect For Entertaining. 3rd Floor Contains 2 Bedrooms, Kitchen & Bath Which Would Make A Perfect Nanny Suite. This Changing Neighbourhood Is Only Improving, Get In Now While You Still Can. Click for Neighborhood Information
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Please visit my Open House at 58 Rose AVE in Toronto.
Open House on Sunday, March 15, 2020 2:00 PM - 4:00 PM
This Fabulous, Large, 3 Story Second Empire Heritage Home In Cabbagetown Is A Definite Must See. End Of The Row, & Uniquely Shaped 5 Bedroom, 4 Bathroom House Is Great For Any Extended Family, Or Throw The Party Of The Year In The Grand, Oversized Living Room That's Perfect For Entertaining. 3rd Floor Contains 2 Bedrooms, Kitchen & Bath Which Would Make A Perfect Nanny Suite. This Changing Neighbourhood Is Only Improving, Get In Now While You Still Can. Click for Neighborhood Information
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Stocks have fallen hard in the last couple of weeks, so does that mean Toronto Real Estate is the new gold? Sales of houses and condos for the first week in March were up 47% over the same period last year and average prices rose 18%. Sales are still strong, there are still plenty of bidding wars, and open houses are still busy. There has also been a sharp decline in interest rates for all kinds of borrowing including mortgage rates. These lower interest rates have sent the mortgage industry into a frenzy, as buyer’s race to take advantage of cheaper loans. A five-year fixed-rate loan is sitting as low as 2.29%, close to the record low of 2.09% offered in November 2016, after oil prices crashed and the central bank had to cut rates to stimulate the economy. But could these rate cuts be a warning sign about a lack of security for jobs and incomes? The one good beacon of hope is the health crisis appears to be fading in China and South Korea, creating the possibility of future positive surprises.


The Toronto Real Estate board announced the stats for the month of February, and it was all positive news. For the City of Toronto, the average sale price was $989,218 up 17% from a year ago. The number of sales were up by 31% and new listings were up 6.6%. Double-digit average rice growth was experienced for most major segments with detached homes leading the way up 14.4% to $1,485,304.


The condo market is still going strong. The average price for a condo in the City of Toronto is up 18% to $722,675 compared to last February which was $612,488. As market conditions tighten, competition between buyers has clearly increased. Last week 71% of condos sold in multiple offers. That’s the highest percentage we have seen in awhile.


Bosley Real Estate Ltd. is a full service boutique brokerage operating in Toronto, Niagara-on-the-Lake, Port Hope and Cambridge Ontario since 1928. We have four centrally located offices and over 250 sales representatives selling and leasing homes and condominiums in all the vibrant communities we work in. Our brand is well recognized internationally thanks to our unique affiliation with Leading Real Estate Companies of the World. Our sales teams meet weekly to discuss market conditions, trending topics, and anecdotes that more accurately reflect the true temperature of the real estate market.

Read full post

New featured property at 58 Rose AVE in Toronto.
This Fabulous, Large, 3 Story Second Empire Heritage Home In Cabbagetown Is A Definite Must See. End Of The Row, & Uniquely Shaped 5 Bedroom, 4 Bathroom House Is Great For Any Extended Family, Or Throw The Party Of The Year In The Grand, Oversized Living Room That's Perfect For Entertaining. 3rd Floor Contains 2 Bedrooms, Kitchen & Bath Which Would Make A Perfect Nanny Suite. This Changing Neighbourhood Is Only Improving, Get In Now While You Still Can. Click for Neighborhood Information
Read full post

Please visit my Open House at 58 Rose AVE in Toronto.
OPEN HOUSE: Sat & Sun 2-4pm
This Fabulous, Large, 3 Story Second Empire Heritage Home In Cabbagetown Is A Definite Must See. End Of The Row, & Uniquely Shaped 5 Bedroom, 4 Bathroom House Is Great For Any Extended Family, Or Throw The Party Of The Year In The Grand, Oversized Living Room That's Perfect For Entertaining. 3rd Floor Contains 2 Bedrooms, Kitchen & Bath Which Would Make A Perfect Nanny Suite. This Changing Neighbourhood Is Only Improving, Get In Now While You Still Can. Click for Neighborhood Information
Read full post

Please visit my Open House at 58 Rose AVE in Toronto.
Open House on Saturday, March 7, 2020 2:00 PM - 4:00 PM
This Fabulous, Large, 3 Story Second Empire Heritage Home In Cabbagetown Is A Definite Must See. End Of The Row, & Uniquely Shaped 5 Bedroom, 4 Bathroom House Is Great For Any Extended Family, Or Throw The Party Of The Year In The Grand, Oversized Living Room That's Perfect For Entertaining. 3rd Floor Contains 2 Bedrooms, Kitchen & Bath Which Would Make A Perfect Nanny Suite. This Changing Neighbourhood Is Only Improving, Get In Now While You Still Can. Click for Neighborhood Information
Read full post

Please visit my Open House at 58 Rose AVE in Toronto.
Open House on Sunday, March 8, 2020 2:00 PM - 4:00 PM
This Fabulous, Large, 3 Story Second Empire Heritage Home In Cabbagetown Is A Definite Must See. End Of The Row, & Uniquely Shaped 5 Bedroom, 4 Bathroom House Is Great For Any Extended Family, Or Throw The Party Of The Year In The Grand, Oversized Living Room That's Perfect For Entertaining. 3rd Floor Contains 2 Bedrooms, Kitchen & Bath Which Would Make A Perfect Nanny Suite. This Changing Neighbourhood Is Only Improving, Get In Now While You Still Can. Click for Neighborhood Information
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This property has SOLD at 69A Puccini DR in Richmond Hill.
Stunning Oak Ridges Bungalow Ticks All The Boxes. Custom Domed Foyer Wows You As You Enter & Luxury Follows In The Formal Living & Dining Spaces. Continue & You Find A South Facing Sunny Kit., Breakfast Room & Open Concept Fam. Room Complete W/Gas Fireplace. Walk-Out To A Large Entertainers Deck, This Home Is Perfect For Hosting Large Family Gatherings. Over 2500 Sq. Ft. On The Main Flr. & A Large Two Bedroom Nanny Suite W/Kit. & Laundry Hook Up On The Lower. Click for Neighborhood Information
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Businesses all over the world are becoming increasingly concerned about the Coronavirus’s impact on various markets. Could our real estate market be affected? Toronto was one the first places in Canada to experience Severe Acute Respiratory Syndrome (SARS) related emergencies in 2003. Interestingly, housing sales data from 2003 in Toronto show no apparent signs of suffering. Sales increased in units from the previous year, and similarly the average sale price increased during the same time period. Coronavirus to date has already claimed more lives than SARS did in 2003. The uncertainty about how long the threat will last and how quickly it can be contained will weigh heavily on the markets. Since the epicentre of the breakout is far from Canada, it is probable that the adverse impacts on Canadian markets will be moderate at worst.


The market continues to pick up steam with freehold listings doubling what they were the previous week. The high-end luxury market saw 30 new listings above 3 million dollars come to market last week with the central core leading the way. But the number of sold properties was down 16% week-over-week. Buyers are circling and they are willing to move quickly when they see a property that ticks all the right boxes. There seems to be an exuberance in the office this week and no doubt that the market is starting to take off.


The condo market took a different direction and saw a 21% drop in new listings last week, and no change in the number of condos sold week-over-week. Condo sales continue to sell above their list price with 67% of all sales happening above the asking price. The majority of sales last week were in the $499K to $700K price range, which is an indication that there are plenty of first-time buyers out there.

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Please visit my Open House at 69A Puccini DR in Richmond Hill.
Open House on Saturday, February 29, 2020 2:00 PM - 4:00 PM
Stunning Oak Ridges Bungalow Ticks All The Boxes. Custom Domed Foyer Wows You As You Enter & Luxury Follows In The Formal Living & Dining Spaces. Continue & You Find A South Facing Sunny Kit., Breakfast Room & Open Concept Fam. Room Complete W/Gas Fireplace. Walk-Out To A Large Entertainers Deck, This Home Is Perfect For Hosting Large Family Gatherings. Over 2500 Sq. Ft. On The Main Flr. & A Large Two Bedroom Nanny Suite W/Kit. & Laundry Hook Up On The Lower. Click for Neighborhood Information
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Please visit my Open House at 69A Puccini DR in Richmond Hill.
Open House on Sunday, March 1, 2020 2:00 PM - 4:00 PM
Stunning Oak Ridges Bungalow Ticks All The Boxes. Custom Domed Foyer Wows You As You Enter & Luxury Follows In The Formal Living & Dining Spaces. Continue & You Find A South Facing Sunny Kit., Breakfast Room & Open Concept Fam. Room Complete W/Gas Fireplace. Walk-Out To A Large Entertainers Deck, This Home Is Perfect For Hosting Large Family Gatherings. Over 2500 Sq. Ft. On The Main Flr. & A Large Two Bedroom Nanny Suite W/Kit. & Laundry Hook Up On The Lower. Click for Neighborhood Information
Read full post

New featured property at 69A Puccini DR in Richmond Hill.
Stunning Oak Ridges Bungalow Ticks All The Boxes. Custom Domed Foyer Wows You As You Enter & Luxury Follows In The Formal Living & Dining Spaces. Continue & You Find A South Facing Sunny Kit., Breakfast Room & Open Concept Fam. Room Complete W/Gas Fireplace. Walk-Out To A Large Entertainers Deck, This Home Is Perfect For Hosting Large Family Gatherings. Over 2500 Sq. Ft. On The Main Flr. & A Large Two Bedroom Nanny Suite W/Kit. & Laundry Hook Up On The Lower. Click for Neighborhood Information
Read full post

Please visit my Open House at 69A Puccini DR in Richmond Hill.
OPEN HOUSE: Sat & Sun 2-4pm
Stunning Oak Ridges Bungalow Ticks All The Boxes. Custom Domed Foyer Wows You As You Enter & Luxury Follows In The Formal Living & Dining Spaces. Continue & You Find A South Facing Sunny Kit., Breakfast Room & Open Concept Fam. Room Complete W/Gas Fireplace. Walk-Out To A Large Entertainers Deck, This Home Is Perfect For Hosting Large Family Gatherings. Over 2500 Sq. Ft. On The Main Flr. & A Large Two Bedroom Nanny Suite W/Kit. & Laundry Hook Up On The Lower. Click for Neighborhood Information
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The government is at it again. On Tuesday they said they would make it easier for some people to get into the housing market by tweaking the mortgage stress test, making it slightly lower for insured loans. The Office of the Superintendent of Financial Institutions (OSFI), which regulates banks is expected to extend a new weekly benchmark to uninsured mortgages this spring. It’s a move that could be worrisome because some believe this will fuel prices even more, especially at the lower end of the market where condos are already in short supply. The number of condos available for sale in January was the lowest it’s been in 25 years. A lot of that is due to investors holding onto their units. Condo prices appreciated 15 percent last year.


The number of new listings continued to contract last week but that could be because of the family day holiday. There were 19% fewer listings week over week which created increased competition with 10% more sold properties and of those, 66 per cent sold at or over the asking price. The east core continues to be a hot district which had 24 properties sold and of those 22 sold above the asking price.


The condo market is having the reverse affect. Overall listings were up 13% in the central core last week and the sold numbers were steady week to week and of the condos sold, 64% sold at or over the asking price. Resale condos that were selling for $1000 a square foot downtown a few months ago are now fetching $1,100 or close to $1,200 a square foot in some cases. Meanwhile, condos selling in the preconstruction phase are commanding $1,400 a square foot or more.

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Is the Toronto housing market picking up steam at an “uncomfortable” pace that resembles the sky-high gains of 2016? One just has to look at the number of multiple offers and wild bidding wars to know that demand is at an all time high. So what should we expect as we move forward? Hopefully as we start moving into the spring market many agents are anxious to see if listings will become more plentiful especially after this long family weekend. We as realtors continue to do what we always do. We perform our duties and forge ahead. Let us take this weekend to be with family and see what next week brings us. Happy Family Day!


We have been collecting weekly sales data for awhile now and it is often fun to look back a year and compare markets. For instance, last year at this time there were 15% more freehold listings available throughout all neighbourhoods but sold properties were down 55% in 2019 at this time. The number of properties selling at or above the asking price this year is at 62% compared to last year which was 58%.


The resale condo sector is following the same trends. New listings are down 18% than the same period last year but sales are up a whooping 62% more than last year at this time. And the number of condos sold at or above the asking price is still at a high of 62%. The condo market has been traditionally reserved for first-time buyers, but as freehold home ownership becomes less affordable, we expect even more activity in the condo market.

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New featured property at Bsmt 10 Sylvan AVE in Toronto.
Live On The Lower Floor Of This Completely Renovated, Stunning 4 Unit Home Built In 1888 & Backing Onto Dufferin Grove Park. This Gorgeous 2 Bedroom Unit Has Been Meticulously Designed W/Discerning Quality & Taste. Features Include 8' Ceilings, Large Windows, Quartz Counters, Stainless Steel Appls., A Large Bathroom W/Claw Foot Tub, & A Bbq Terrace In The Backyard For Your Use!
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The home sales market continues to boom in January, which traditionally has been a slow time for realtors. According to the stats that were just released for January, we started 2020 where 2019 left off, and that the Toronto and GTA real estate market is showing signs of strength in price and the continuation of a new upward trend. The average selling price for the City of Toronto is up 13.7% to $884,385 compared to a year ago. Again, the problem is the shortage of listings which were down 16%. Even if the volume of transactions remains relatively low in the Toronto area, demand is building. It seems anything coming to market is being snapped up in days. The lack of housing supply is the main reason behind soaring prices in and around Toronto.


This week TD Bank slashed its 5-Year posted mortgage rate used for the stress test to 4.99%, the lowest among Canada's big banks, fueling demand for lower­ priced homes among first time buyers. Last week the number of freehold properties sold, saw no change week-over-week, but a huge influx of new listings hit the market up 65% from the previous week. Hot spot neighbourhoods like Riverdale and Leslieville are eagerlyawaiting more listings to appear with 64% of properties selling at or above the asking price.


The downtown condo market is insane. It seems downtown condos offer a lifestyle that buyers want. Multiple offers and over-asking prices are the norm, but supply is still an issue. The condo market saw a 10% decline in listings last week and sales remained steady with no increase week-to-week. According to the stats that werereleased condo prices have jumped a whooping 15% in the City of Toronto and the surrounding GTA comparedto the same time last year. There are approximately 29,500 condos under construction that are scheduled to be completed this year, surpassing the previous high set in 2014 (21,000).





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