Corinne McCabe , Broker

Bosley Real Estate Ltd., Brokerage

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

This property has SOLD at 2 10 Sylvan AVE in Toronto.
Rare Opportunity To Live On The 2nd Floor Of This Completely Renovated, Stunning 4 Unit Home That Was Built In 1888 & Backs Onto Dufferin Grove Park. This Gorgeous 2 Bedroom Suite Has Been Meticulously Designed W/Discerning Quality & Taste. Features Include Stained Glass, Hardwood Floors, Granite Counters, Under-Mount Kitchen Lighting, Large Walk-In Shower W/Rain Head & Frosted Glass Window, & Fabulous West-Facing Balcony Off The Kitchen. Move In Anytime.
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New featured property at 2 10 Sylvan AVE in Toronto.
Rare Opportunity To Live On The 2nd Floor Of This Completely Renovated, Stunning 4 Unit Home That Was Built In 1888 & Backs Onto Dufferin Grove Park. This Gorgeous 2 Bedroom Suite Has Been Meticulously Designed W/Discerning Quality & Taste. Features Include Stained Glass, Hardwood Floors, Granite Counters, Under-Mount Kitchen Lighting, Large Walk-In Shower W/Rain Head & Frosted Glass Window, & Fabulous West-Facing Balcony Off The Kitchen. Move In Anytime.
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There are early signs that the rental market may be starting a comeback. In the first quarter of 2021, average condominium apartment rents were down on a year-over-year basis, however growth in rental transactions outstripped growth in the number of units listed over the same period, suggesting that rental market conditions are starting to tighten up once again.


In the GTA there were 13,168 reported condo rentals during the first quarter of this year. This represents an increase of 81% compared to 7,251 rentals in Q1 of 2020. The number of condos listed for rent during the first quarter of this year was up 78% compared to the same time last year. The number of condo apartment rentals reported in the first quarter represented a new record for the first three months of the year. This suggests we are accounting for pent-up rental demand from 2020. Strong rental demand is also an indicator of broader economic recovery with people willing to sign rental agreements because they are confident in their future job and income prospects. 

The average one-bedroom condominium apartment rent was down by 16% year-over-year in Q1 2021 to $1,820 compared to $2,187 in Q1 2020. The average two-bedroom condominium apartment rent was down by 13% over the same period to $2,447 compared to $2,812.

“The rental market will continue to contend with COVID-19 as the third wave keeps the GTA in a lockdown during the second quarter. However, market dynamics were set in motion in the first quarter to generate strengthening rental conditions as the year progresses — particularly later in the second half as the population becomes vaccinated, offices start to reopen, immigration rises, and post-secondary students potentially return to in-class learning. These variables are obviously subject to change and dependent upon exogenous factors, but as each day passes and housing prices get more expensive, the upside for the rental market rises.” Shaun Hildebrand, Urbanation.


Bosley Real Estate Ltd. is a full-service boutique brokerage operating in Toronto, Muskoka, Niagara-on-the-Lake, Port Hope and Cambridge, Ontario since 1928. We have three centrally located offices in Toronto 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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This property has SOLD at 1047 Woodbine AVE in Toronto.
Bright And Airy 3 Bedroom Semi Just One Block From The Subway! Fabulous Family Home W/Hardwood Throughout, High Ceilings, Renovated Bathrooms & Laundry, A Large Master Suite & 2 Roomy Bedrooms. Private Deck Off Sunroom With Fully Fenced In Yard And Secure Lane Gate For 2 Car Parking! Bike Lane Just Outside Your Door For A Short Ride To The Beach Or Downtown. Steps To The Danforth With Fabulous Restaurants, Shops & So Much More!
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New featured property at 305 2055 Danforth AVE in Toronto.
This Fabulous 12 Storey Boutique Condo Boasts 2 Bedrooms, 2 Baths & Is Ready To Be Your New Home. A Lovely, Quiet Building W/ Gym, Party & Media Rooms, Outdoor Bbq Area, And Is A Non-Smoking Building. You're Steps From Woodbine Subway & A Grocery Store & Only 20 Mins Walk To The Beach! Available June 1st. Pictures Are From When Owner Lived There. Parking Included!
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New featured property at 1047 Woodbine AVE in Toronto.
Bright And Airy 3 Bedroom Semi Just One Block From The Subway! Fabulous Family Home W/Hardwood Throughout, High Ceilings, Renovated Bathrooms & Laundry, A Large Master Suite & 2 Roomy Bedrooms. Private Deck Off Sunroom With Fully Fenced In Yard And Secure Lane Gate For 2 Car Parking! Bike Lane Just Outside Your Door For A Short Ride To The Beach Or Downtown. Steps To The Danforth With Fabulous Restaurants, Shops & So Much More!
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This property has SOLD at 715 1000 The Esplanade RD N in Pickering.
Lovely & Bright This One Bedroom Suite Is Well Laid Out With No Wasted Space. Newer Laminate Flooring & Great Storage. Exceptionally Well Run, Tridel Built Building That's Close To The Go Station, Pickering Mall, Shopping, Easy 401 Access, Medical Building, Parks Etc. Walk Score Of 84 Means Most Errands Don't Need A Car. These Units Don't Come Up Often, So See It Soon To Avoid Disappointment!
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New featured property at 715 1000 The Esplanade RD N in Pickering.
Lovely & Bright This One Bedroom Suite Is Well Laid Out With No Wasted Space. Newer Laminate Flooring & Great Storage. Exceptionally Well Run, Tridel Built Building That's Close To The Go Station, Pickering Mall, Shopping, Easy 401 Access, Medical Building, Parks Etc. Walk Score Of 84 Means Most Errands Don't Need A Car. These Units Don't Come Up Often, So See It Soon To Avoid Disappointment!
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This property has SOLD at 19 Sydenham ST in Toronto.
Amazing & Bright 3 Bedroom, 3 Bathroom Freehold Townhouse In The Heart Of Downtown Toronto. Recently Renovated Top To Bottom W/2 Work From Home Spaces, There's Nothing Left To Do But Move In. Imagine Having A Private Drive & Direct Access Garage, Private Fenced Yard & A 3rd Floor Deck?!? More Space Than You Can Imagine For Your Perfect Urban Living Experience. Steps To Queen Ttc, Regent Park Aquatics Centre, & Close To The Distillery District Too.
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This property has SOLD at M15 350 Wellington ST W in Toronto.
Welcome To Boutique Condo Living At The Soho Met! Located On The 2nd Floor Of A Well-Maintained & Quiet Low Rise Building, This Bright One Bedroom Suite Offers Plenty Of Privacy With Tree-Lined Views Of Heritage Buildings. Warm & Inviting With Honey-Coloured Engineered Hardwood Floors & Classic Marble Bathroom. Steps Away From Ttc, Clarence Sq Dog Park, King West Restaurants, Theatres & Shops.
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New featured property at 19 Sydenham ST in Toronto.
Amazing & Bright 3 Bedroom, 3 Bathroom Freehold Townhouse In The Heart Of Downtown Toronto. Recently Renovated Top To Bottom W/2 Work From Home Spaces, There's Nothing Left To Do But Move In. Imagine Having A Private Drive & Direct Access Garage, Private Fenced Yard & A 3rd Floor Deck?!? More Space Than You Can Imagine For Your Perfect Urban Living Experience. Steps To Queen Ttc, Regent Park Aquatics Centre, & Close To The Distillery District Too.
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The spoils of pandemic wealth have added billions to Canadian households and to their total wealth unexpectedly during this past year. In every province, net worth is on the rise. About two-thirds of the average wealth gain came from rising home values, with the rest owing to a surge of savings. It’s a situation that bears little resemblance to past recessions. Disposable income is up sharply, home prices have never been higher and stock markets erased their losses months ago.


Ontario saw its average household wealth rise by close to $50,000 or 7.2%. Roughly three-quarters of that was driven by real estate. In the Toronto and Ottawa areas, the average gain in home values was around $43,000 over nine months in 2020. The wealthy have certainly benefited. In high-income annual neighbourhoods, where average annual household income is between $190K and $300K, home values rose by an average of $106,000. In lower-income areas, it was less than $10,000. Keep in mind these are just averages. Some home values have way exceeded these numbers.


The key driver of wealth was savings. Over the first nine months in 2020, households in Canada saved in excess of $200 billion. The vast majority going to deposits, which include savings accounts, GIC’s and term deposits. The rest was used to pay down debt like credit cards.


The other side of the net-worth equation is debt. Statscan figures show Canadians lowered their non-mortgage debt last year, but also added $118 billion in mortgages, the largest annual increase on record. The value of real estate assets climbed by significantly more than mortgage debt, helping to bolster wealth. The Bank of Canada announced this week it wouldn’t be raising interest rates until inflation consistently stays around two per cent, something it doesn’t believe will happen until some time in 2023. Mortgage rates have already started to edge up as markets start to take note of several positive economic signals.

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New featured property at M15 350 Wellington ST W in Toronto.
Welcome To Boutique Condo Living At The Soho Met! Located On The 2nd Floor Of A Well-Maintained & Quiet Low Rise Building, This Bright One Bedroom Suite Offers Plenty Of Privacy With Tree-Lined Views Of Heritage Buildings. Warm & Inviting With Honey-Coloured Engineered Hardwood Floors & Classic Marble Bathroom. Steps Away From Ttc, Clarence Sq Dog Park, King West Restaurants, Theatres & Shops.
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New featured property at 45 Elma ST in Toronto.
This Sweet, Charming & Bright Detached Home In Desirable Mimico Will Be Perfect For You, I Just Know It! So Well Cared For You Can Truly Feel The Love. A Coveted, Long Private Drive W/Garage At The Back Allows For 5-7 Car Parking! Sunny & Private, South Facing Fenced Yard W/Flowering Eastern Redbud & Lilacs Will Be Your Summer Oasis For Years To Come. Short Walk To Mimico Go Station, Steps To The Lake, Cafes & Restaurants, & Near Sherway Mall, Ikea, Costco, so everything you need really!
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More than two-thirds of Toronto condo investors are planning to sell their properties rather than pay the new vacant home tax, according to a new Toronto Regional Real Estate Board (TRREB) report. Toronto City Council voted to create an implementation plan for a vacant homes tax in the city which would take effect sometime in 2022. The tax would encourage owners to sell or rent out their vacant properties, which would increase housing supply, the City of Toronto said in a news release. Those who do not would need to pay the tax, and proceeds would go toward building new housing supply.


A total of 40 % of those polled at the end of last year said that they intend to sell their investment property in the next year in part due to a prospective vacancy tax, as well as further restrictions on Airbnbs. TRREB has been up front in asking the City to be prudent with its implementation of the tax, calling for exemptions for snowbirds, U.S. citizens, commuters, and other groups.


Using data from Vancouver’s implementation of a vacant home tax as an example, if one per cent of Toronto’s housing stock is vacant, at a tax rate of one per cent on the average Toronto home’s current assessed value, this could equal $55 million to $66 million in tax revenue per year. Toronto’s tax rate will be determined in the tax development process. Determining how a home is deemed vacant will be part of the tax development process, but residential property owners would be required to make a declaration each year about the occupancy status of the home.


On another subject, TRREB is applauding Toronto City Council for listening to the concerns we expressed and has decided to NOT implement an increase to the Municipal Land Transfer Tax on homes priced over $2 million. Had it been approved the portion of the property value over $2 million would have been subject to a 3.5% land transfer tax rate, up from 2.5% - a 40% increase.

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This property has SOLD at G09 350 Wellington ST W in Toronto.
Stunning, Rarely Available Terraced Unit At The Boutique Soho Condos. Located On The Ground Floor, This Bright One Bedroom Suite Offers Privacy With A Beautiful Tree-Lined West-Facing View & Exposed Brick Wall. Enjoy Your 155 Sq Ft Of Extra Living Space On The Sun-Filled Terrace! Engineered Hardwood Floors & Marble Bathroom. Freshly Painted Bedroom & Flexible Closing Date. Steps From TTC, Clarence Sq Dog Park, King West Restaurants, Theatres & Shops.
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This week the Toronto Regional Real Estate Board (TRREB) released its annual Market Year in Review & Outlook Report for 2021, projecting optimism for a booming Greater Toronto Area (GTA) real estate market in 2021. The report forecasts near-record sales numbers of 100,000 units, with average selling prices expected to break records and exceed the $1 million mark.


The blazing start to the year comes from a strong finish in 2020. January recorded 6,928 sales which represents an over 50% increase measured year-over-year against January 2020. Sales growth was recorded in all market segments, including condominiums in both the 416 and surrounding 905 regions. New listings also increased year-over-year, though at a less pronounced rate, which led to a tightening of market conditions versus the previous January.


The average selling price for January 2021 spiked 15.5% year-over-year to $967,885, driven primarily by the low-rise market segments as condominium apartment prices dropped in Toronto during this period. Despite this, TRREB expects that the continued growth of condominium sales could soon lead to sales growth outpacing listing growth, and renewed condo price appreciation.


Is the real estate market picking up steam at an uncomfortable pace? 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. Hopefully as we start moving into the spring market lets hope listings become more plentiful, especially after this long weekend and the kids are back at school. Let us take this weekend to be with family and see what next weeks brings us. Happy Family Day!

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New featured property at 19 Sydenham ST in Toronto.
Exclusively listed! An Amazing & Bright 3 Bedroom, 3 Bathroom Freehold Townhouse In The Heart Of Downtown could be yours. Over 1400 total Square Feet Of Recently Renovated, Beautiful Space. There's Nothing Left To Do But Move In. Imagine Having A Private Drive & Garage, A Private Fenced Yard & A 3rd Floor Deck Too?!? More Space Than You Can Imagine For Your Perfect Urban Living Experience. Steps To Queen TTC, Regent Park Aquatics Centre, & Close To The Distillery District Too. Offers Anytime! Includes: Fridge, Gas Stove, Hood, Built-in dishwasher, Microwave, Washer & Dryer, Window Blinds, 2nd & 3rd Floor Armoires, Closet Organizers & Drawers, Garage door opener with Remote, All Electric light fixtures, Alarm System with Security Cameras. Wood Burning Fireplace.
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New featured property at G09 350 Wellington ST W in Toronto.
Stunning, Rarely Available Terraced Unit At The Boutique Soho Condos. Located On The Ground Floor, This Bright One Bedroom Suite Offers Privacy With A Beautiful Tree-Lined West-Facing View & Exposed Brick Wall. Enjoy Your 155 Sq Ft Of Extra Living Space On The Sun-Filled Terrace! Engineered Hardwood Floors & Marble Bathroom. Freshly Painted Bedroom & Flexible Closing Date. Steps From TTC, Clarence Sq Dog Park, King West Restaurants, Theatres & Shops.
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New featured property at M15 350 Wellington ST W in Toronto.
No Long Lineups For The Elevator At The Boutique Soho Condos! Located On The 2nd Floor, This Bright One Bedroom Suite Offers Plenty Of Privacy With Tree-Lined West-Facing View. Engineered Hardwood Floors & Marble Bathroom. Freshly Painted & Ready For You To Move In! Steps Away From Ttc, Clarence Sq Dog Park, King West Restaurants, Theatres & Shops, Not To Mention Just Minutes To The Lake! *** Seller Will Pay For 12 Months Maintenance Fees!***
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