Corinne McCabe , Broker

Bosley Real Estate Ltd., Brokerage

Cell 416-888-9842 | corinne.mccabe@me.com

New property listed in Church-Yonge Corridor, Toronto C08

New featured property at 1007 85 Bloor ST E in Toronto.
Welcome To 85 Bloor St. E. This Unparalleled Location Is Home One Of The Most Elegant Condo's On Bloor. Live In The Heart Of The City Within Walking Distance To The City's Best Intersection Of Yonge & Bloor, Enjoy The Glamorous Shops, Sought After Restaurants & Fantastic Yorkville Nearby. A Warm Inviting Condo W/Separate Den For Those Who Work From Home, & You'll Be Able To Enjoy All The 5-Star Amenities The Building Has To Offer. Available Immediately, Parking, Locker & Utilities Included!!! The Unit Has Just Been Professionally Cleaned Top To Bottom And New Carpet Installed In The Bedroom. It's Ready For You!
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New property listed in Church-Yonge Corridor, Toronto C08

New featured property at 1007 85 Bloor ST E in Toronto.
Welcome To 85 Bloor St. E. This Unparalleled Location Is Home One Of The Most Elegant Condo's On Bloor. Live In The Heart Of The City Within Walking Distance To The City's Best Intersection Of Yonge & Bloor, Enjoy The Glamorous Shops, Sought After Restaurants & Fantastic Yorkville Nearby. A Warm Inviting Condo W/Separate Den For Those Who Work From Home, & You'll Be Able To Enjoy All The 5-Star Amenities The Building Has To Offer. Available Feb 1, Parking, Locker & Utilities Included!!!
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This property has SOLD at 16E 86 Gerrard ST E in Toronto

This property has SOLD at 16E 86 Gerrard ST E in Toronto.
Put A Bow On This Unit & Wrap It Up For Christmas. A Wonderful 2 Bedroom Condo Unit That Feels More Like A House In The Sky. Spaced Over Two Floors W/Oodles Of Storage Means You've Got That Much Needed Breathing Room In The Heart Of Downtown Toronto. The Stunning, South-Facing Terrace Will Wow You With Its Unobstructed Views Of The City Skyline & Nighttime Twinkling Lights. A Fabulous Space For Entertaining & Enjoying Summer Cocktails! The Building Has Some Big Plans For The Near Future... Hallway Refurbishment, And Window & Solarium Replacement Will Have This Building Looking Even More Fabulous! Get In Now To Keep The Enjoyment All For Yourself.
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New property listed in Church-Yonge Corridor, Toronto C08

New featured property at 16E 86 Gerrard ST E in Toronto.
Put A Bow On This Unit & Wrap It Up For Christmas. A Wonderful 2 Bedroom Condo Unit That Feels More Like A House In The Sky. Spaced Over Two Floors W/Oodles Of Storage Means You've Got That Much Needed Breathing Room In The Heart Of Downtown Toronto. The Stunning, South-Facing Terrace Will Wow You With Its Unobstructed Views Of The City Skyline & Nighttime Twinkling Lights. A Fabulous Space For Entertaining & Enjoying Summer Cocktails!
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New property listed in Church-Yonge Corridor, Toronto C08

New featured property at 1007 85 Bloor ST E in Toronto.
Welcome To 85 Bloor St. E. This Unparalleled Location Is Home One Of The Most Elegant Condo's On Bloor. Live In The Heart Of The City Within Walking Distance To The City's Best Intersection Of Yonge & Bloor, Enjoy The Glamorous Shops, Sought After Restaurants & Fantastic Yorkville Nearby. A Warm Inviting Condo W/Separate Den For Those Who Work From Home, & You'll Be Able To Enjoy All The 5-Star Amenities The Building Has To Offer. Available Feb 1.
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This property has SOLD at 605 15 Laidlaw ST in Toronto

This property has SOLD at 605 15 Laidlaw ST in Toronto.
What A Stunning, Owner Occupied Townhome In The Perfect Location Between Trendy King & Queen West! Here's Your Chance To Lease A Gorgeous, Renovated Unit & Enjoy The Expansive Park Views W/A Huge Roof-Top Terrace. The Open Concept Sitting/Den Area On The Upper Floor Would Make A Great Work Space. Lighting Up Your Own Fireplace On Those Chilly Winter Nights Is A Bonus! Move & Get Settled Before The Holidays. The Unit Will Be Professionally Cleaned For You Before You Move In.
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This property has SOLD at 1269 Belair CRES in Oshawa

This property has SOLD at 1269 Belair CRES in Oshawa.
Set Foot In This Absolutely Delightful Bungalow In Eastdale & Be Prepared To Be Wowed! Renovated By The Current Owners, The Bathroom & Kitchen Are Both Stunning W/Classic Colours & Timeless Finishes. The Bright, Open Concept Living Room & The Additional Sunroom At The Back Allows For That Spacious Feel Any Family Craves. The Backyard Is An Extra Large Oasis, W/A Garden Shed & A Workshop, Storage Space Or Maybe Even The Kids Very Own Playhouse! Located In North-East Oshawa, This Quiet, Family-Friendly Neighbourhood Is Close To Some Of The Greatest Parks & Trails Like Harmony Creek Valley, Nearby Easton Park W/Yoga In The Park, Children's Playgrounds & Splash Pad, Or Eastbourne Park W/4 Playgrounds, 2 Sports Fields & Many Walking & Cycling Paths. Not To Mention All The Schools! Open House Saturday & Sunday 2-4.
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This property has SOLD at 2402 Danforth AVE in Toronto

This property has SOLD at 2402 Danforth AVE in Toronto.
Really Huge Space! A Great 3 Bedroom Apartment Above A Quiet Store, With A Truly Amazing Landlord. The Massive Living Room Is Large Enough For Living, Dining, And An Office Or Two Easily & The Kitchen Is Big Enough For A Table As Well. The Unit Will Just Be Professionally Cleaned, And Will Be Ready For You To Move In Anytime.
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New property listed in South Parkdale, Toronto W01

New featured property at 605 15 Laidlaw ST in Toronto.
What A Stunning, Owner Occupied Townhome In The Perfect Location Between Trendy King & Queen West! Here's Your Chance To Lease A Gorgeous, Renovated Unit & Enjoy The Expansive Park Views W/A Huge Roof-Top Terrace. The Open Concept Sitting/Den Area On The Upper Floor Would Make A Great Work Space. Lighting Up Your Own Fireplace On Those Chilly Winter Nights Is A Bonus! Move & Get Settled Before The Holidays. The Unit Will Be Professionally Cleaned For You Before You Move In.
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New property listed in Eastdale, Oshawa

New featured property at 1269 Belair CRES in Oshawa.
Set Foot In This Absolutely Delightful Bungalow In Eastdale & Be Prepared To Be Wowed! Renovated By The Current Owners, The Bathroom & Kitchen Are Both Stunning W/Classic Colours & Timeless Finishes. The Bright, Open Concept Living Room & The Additional Sunroom At The Back Allows For That Spacious Feel Any Family Craves. The Backyard Is An Extra Large Oasis, W/A Garden Shed & A Workshop, Storage Space Or Maybe Even The Kids Very Own Playhouse! Located In North-East Oshawa, This Quiet, Family-Friendly Neighbourhood Is Close To Some Of The Greatest Parks & Trails Like Harmony Creek Valley, Nearby Easton Park W/Yoga In The Park, Children's Playgrounds & Splash Pad, Or Eastbourne Park W/4 Playgrounds, 2 Sports Fields & Many Walking & Cycling Paths. Not To Mention All The Schools! Open House Saturday & Sunday 2-4.
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Open House. Open House on Saturday, October 15, 2022 2:00 PM - 4:00 PM

Please visit my Open House at 1269 Belair CRES in Oshawa.
Open House on Saturday, October 15, 2022 2:00 PM - 4:00 PM
Set Foot In This Absolutely Delightful Bungalow In Eastdale & Be Prepared To Be Wowed! Renovated By The Current Owners, The Bathroom & Kitchen Are Both Stunning W/Classic Colours & Timeless Finishes. The Bright, Open Concept Living Room & The Additional Sunroom At The Back Allows For That Spacious Feel Any Family Craves. The Backyard Is An Extra Large Oasis, W/A Garden Shed & A Workshop, Storage Space Or Maybe Even The Kids Very Own Playhouse! Located In North-East Oshawa, This Quiet, Family-Friendly Neighbourhood Is Close To Some Of The Greatest Parks & Trails Like Harmony Creek Valley, Nearby Easton Park W/Yoga In The Park, Children's Playgrounds & Splash Pad, Or Eastbourne Park W/4 Playgrounds, 2 Sports Fields & Many Walking & Cycling Paths. Not To Mention All The Schools! Open House Saturday & Sunday 2-4.
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Open House. Open House on Sunday, October 16, 2022 2:00 PM - 4:00 PM

Please visit my Open House at 1269 Belair CRES in Oshawa.
Open House on Sunday, October 16, 2022 2:00 PM - 4:00 PM
Set Foot In This Absolutely Delightful Bungalow In Eastdale & Be Prepared To Be Wowed! Renovated By The Current Owners, The Bathroom & Kitchen Are Both Stunning W/Classic Colours & Timeless Finishes. The Bright, Open Concept Living Room & The Additional Sunroom At The Back Allows For That Spacious Feel Any Family Craves. The Backyard Is An Extra Large Oasis, W/A Garden Shed & A Workshop, Storage Space Or Maybe Even The Kids Very Own Playhouse! Located In North-East Oshawa, This Quiet, Family-Friendly Neighbourhood Is Close To Some Of The Greatest Parks & Trails Like Harmony Creek Valley, Nearby Easton Park W/Yoga In The Park, Children's Playgrounds & Splash Pad, Or Eastbourne Park W/4 Playgrounds, 2 Sports Fields & Many Walking & Cycling Paths. Not To Mention All The Schools! Open House Saturday & Sunday 2-4.
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New property listed in East End-Danforth, Toronto E02

New featured property at 2402 Danforth AVE in Toronto.
Really Huge Space! A Great 3 Bedroom Apartment Above A Quiet Store, With A Truly Amazing Landlord. The Massive Living Room Is Large Enough For Living, Dining, And An Office Or Two Easily & The Kitchen Is Big Enough For A Table As Well. The Unit Will Just Be Professionally Cleaned, And Will Be Ready For You To Move In Anytime.
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This property has SOLD at 31 1100 Begley ST in Pickering

This property has SOLD at 31 1100 Begley ST in Pickering.
1705 Square Feet Of Fabulous, Renovated Space Could Mean Your Dreams Really Do Come True! A Much Larger Unit Than Many Others In The Area. Canoe Landing Town Homes Back Onto Frenchman's Bay Giving You That Much Needed Breath Of Fresh Air. Make Your Morning Coffee In Your Large Eat-In Kitchen & Stroll Down The Path To The Bay, Or Further South To The Beach, Boardwalk & Marina. 3 Generous Sized Bedrooms, 2 With En-Suites, 1 W/Direct Access On The Main Floor Would Make A Great Home Office. No Basement Here! All Above Ground. 10 Minute Walk To Pickering Go, & A Short Drive To All The Shops, Restaurants & The New Casino Resort Too. You've Got To See It.
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Open House. Open House on Saturday, October 1, 2022 2:00 PM - 4:00 PM

Please visit my Open House at 31 1100 Begley ST in Pickering.
Open House on Saturday, October 1, 2022 2:00 PM - 4:00 PM
1705 Square Feet Of Fabulous, Renovated Space Could Mean Your Dreams Really Do Come True! A Much Larger Unit Than Many Others In The Area. Canoe Landing Town Homes Back Onto Frenchman's Bay Giving You That Much Needed Breath Of Fresh Air. Make Your Morning Coffee In Your Large Eat-In Kitchen & Stroll Down The Path To The Bay, Or Further South To The Beach, Boardwalk & Marina. 3 Generous Sized Bedrooms, 2 With En-Suites, 1 W/Direct Access On The Main Floor Would Make A Great Home Office. No Basement Here! All Above Ground. 10 Minute Walk To Pickering Go, & A Short Drive To All The Shops, Restaurants & The New Casino Resort Too. You've Got To See It. Open House Saturday & Sunday 2-4.
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Open House. Open House on Sunday, October 2, 2022 2:00 PM - 4:00 PM

Please visit my Open House at 31 1100 Begley ST in Pickering.
Open House on Sunday, October 2, 2022 2:00 PM - 4:00 PM
1705 Square Feet Of Fabulous, Renovated Space Could Mean Your Dreams Really Do Come True! A Much Larger Unit Than Many Others In The Area. Canoe Landing Town Homes Back Onto Frenchman's Bay Giving You That Much Needed Breath Of Fresh Air. Make Your Morning Coffee In Your Large Eat-In Kitchen & Stroll Down The Path To The Bay, Or Further South To The Beach, Boardwalk & Marina. 3 Generous Sized Bedrooms, 2 With En-Suites, 1 W/Direct Access On The Main Floor Would Make A Great Home Office. No Basement Here! All Above Ground. 10 Minute Walk To Pickering Go, & A Short Drive To All The Shops, Restaurants & The New Casino Resort Too. You've Got To See It. Open House Saturday & Sunday 2-4.
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New property listed in Bay Ridges, Pickering

New featured property at 31 1100 Begley ST in Pickering.
1705 Square Feet Of Fabulous, Renovated Space Could Mean Your Dreams Really Do Come True! A Much Larger Unit Than Many Others In The Area. Canoe Landing Town Homes Back Onto Frenchman's Bay Giving You That Much Needed Breath Of Fresh Air. Make Your Morning Coffee In Your Large Eat-In Kitchen & Stroll Down The Path To The Bay, Or Further South To The Beach, Boardwalk & Marina. 3 Generous Sized Bedrooms, 2 With En-Suites, 1 W/Direct Access On The Main Floor Would Make A Great Home Office. No Basement Here! All Above Ground. 10 Minute Walk To Pickering Go, & A Short Drive To All The Shops, Restaurants & The New Casino Resort Too. You've Got To See It. Open House Sunday 2-4.
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Open House. Open House on Saturday, September 17, 2022 2:00 PM - 4:00 PM

Please visit my Open House at 31 1100 Begley ST in Pickering.
Open House on Saturday, September 17, 2022 2:00 PM - 4:00 PM
Backing Onto Frenchman's Bay, This Town Home Complex Is A Breath Of Fresh Air. Make Your Morning Coffee In Your Large Eat-In Kitchen & Stroll Down The Path To The Bay, Or Further South To The Beach, Boardwalk & Marina. 3 Generous Sized Bedrooms, 2 With En-Suites, 1 W/Direct Access On The Main Floor Would Make A Great Home Office. 10 Minute Walk To Pickering Go, & A Short Drive To All The Shops, Restaurants & The New Casino Resort Too. Open House Saturday & Sunday 2-4.
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Open House. Open House on Sunday, September 18, 2022 2:00 PM - 4:00 PM

Please visit my Open House at 31 1100 Begley ST in Pickering.
Open House on Sunday, September 18, 2022 2:00 PM - 4:00 PM
Backing Onto Frenchman's Bay, This Town Home Complex Is A Breath Of Fresh Air. Make Your Morning Coffee In Your Large Eat-In Kitchen & Stroll Down The Path To The Bay, Or Further South To The Beach, Boardwalk & Marina. 3 Generous Sized Bedrooms, 2 With En-Suites, 1 W/Direct Access On The Main Floor Would Make A Great Home Office. 10 Minute Walk To Pickering Go, & A Short Drive To All The Shops, Restaurants & The New Casino Resort Too. Open House Saturday & Sunday 2-4.
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Market Update for September 9, 2022

Canada’s housing market isn’t melting down as you’ve been led to think.

Housing markets are unique for their location, type, quality, and size, so a decline in the average housing price is different from a decline in the price of an average house, which sometimes makes it difficult to decide whether it’s the right time to buy or sell. Adding to the confusion is that some metrics suggest prices are falling and others show an increase, though, overall, housing sales are down significantly compared to the peak activity in February, while average prices are down to a lesser extent.

 Let’s have a look at the numbers in the Greater Toronto Area (GTA) as an example to clarify how markets are moving. Sales in the GTA were down to 5,627 units in August, a year-over-year decline of 34.2 percent, while the average house price rose by a tiny 0.9 percent, according to the Toronto Regional Real Estate Board (TRREB) data.

But TRREB’s quality-and size-adjusted Home Price Index (HPI) is a better indicator of price movements, because smaller and lower-priced homes might sell more frequently during slowdowns, which can lower the average price.

 Compared to August last year, the HPI was up 8.9 percent, which seems a lot different from the dismal-sounding newspaper headlines and economist forecasts. What gives? It appears a lot depends upon how the metrics are generated. For example, instead of comparing current sales and prices with those from the same period a year ago, you could make the peak housing sales activity in March 2022 the benchmark. Any comparison with March will exaggerate the declines.

 Sales in the GTA in August were down 48.3 percent from the peak sales observed in March, a much more significant decline than the 34.2 percent drop from August last year. Similarly, average prices in August, not adjusted for quality or size, were down 18 percent from the peak prices observed in February.

So, are housing prices declining or climbing then? The answer depends upon perspective. If, say, someone bought a house at the peak of the housing market in February and is trying to sell the same property today, they are likely to experience a noticeable loss. However, most homebuyers stay at the same place for longer than just a few months.

Even the significant decline in housing sales relative to the peak in February hides the fact that sales activity in lower-priced homes has picked up since then. The number of homes sold for less than $600,000 in the GTA has increased by almost 70 percent since February, while sales for homes sold for more than $1.5 million declined by 71 percent.

 Total sales volume in 2022 will clearly be considerably less than observed last year. Housing experts attribute the decline to the increase in the cost of borrowing resulting from the steep rise in mortgage rates. But what is ignored in such pronouncements is a phenomenon known as the “forward buy,” where consumers move up their purchases to benefit from something. Last year’s ultra-low mortgage rates were partly responsible for the extraordinary sales volume because many households likely advanced their home purchase from 2022 to 2021, thereby boosting sales.

Housing sales in the GTA jumped by 28 percent in 2021 from the year before, reaching an all-time high of 121,642. Overall, over 100,000 more sales were recorded in 2021 by the Multiple Listing Service in Canada than the long-term annual average. The decline in sales in 2022 is partly because some of this year’s sales were lost to last year.

 These more nuanced statistics should help us realize that Canada is not experiencing a meltdown in housing markets. The magnitude of sale and price movements is in the expected range. And since the average number of days a property is on the market increased to 22 in August from 8 in February, buyers in the GTA can now take their time deciding. The days of multiple offers and rapid sales are over, at least for now, which should be good news for homebuyers.

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