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Red zones keep expanding. The possibility of a lockdown looms on the horizon and businesses are struggling. These aren’t the typical market conditions that lead to record-breaking sales, yet one Toronto realtor can’t keep up with demand. Since news of Pfizer and Moderna’s COVID vaccine results came out, dozens of celebrities, athletes and the jet-set have been in contact, eager to make a purchase in Toronto’s luxury condo and housing market.
Toronto is a city of soon-to-be skyscrapers. According to the 2020 North American Crane Index, we have the highest number of active tower cranes out of every other city in the continent, with 120 in the downtown core alone. And in a matter of years, those cranes will be replaced by some of the tallest condos in the country.
The Thompson Residences is the quintessence of Toronto luxury. Located at King and Bathurst, residents will be able to experience a combination of contemporary comfort and urban living in the heart of downtown Toronto.
With a new Smart City planned in circles around the Line 6 GO train station, the Town of Innisfil proves itself to be cutting edge with a master plan to establish a new city of up to 150,00 residents that features innovation, connectivity, underground services, and limited to zero urban sprawl.
Nestled in the esteemed and highly exclusive The Kingsway neighbourhood, this home is an extraordinary example of modern luxury and refinement. From the handsomely finished stone exterior with its dark accents, private double garage and custom front door to the posh interior which boasts top-of-the-line finishes and exclusive materials.
To keep a pulse on market activity in the short term, we used data from the TRREB to calculate the change in average home prices and home sales between March 16 – April 15, 2020 compared to the same period in 2019 to understand how the market changed across the GTA one month after COVID-19 measures were put into effect.