Direct: 416-879-2094
patriciakatzrealestate@gmail.com
KENSINGTON MARKET LOFTS on BALDWIN & NASSAU
IN 2016
Solds in 160 Baldwin St.
- 3rd floor, 1 bedroom: sold $550,000
- 3rd floor, 1 bedroom + den sold $739,000
- 4th floor, 2 bedroom: sold $649,500
Solds in 21 Nassau St.
- 2 bedroom townhouse, main street level: sold $700,000
- 2 bedroom townhouse, main street level: sold $810,000
- 1 bedroom townhouse, main street level: sold $600,000
Currently for sale in Kensington Market Lofts as of Sept. 2016
LOFTS in Market currently available for rent in 2016
LOFTS Leased in Baldwin & Nassau in 2016
- 21 Nassau 2nd floor, 1 bedroom: for sale @ $384,900 POS
- 21 Nassau 2nd floor 1 bedroom: for sale @ $440000
UNIT currently for sale @ 297 College St
- 6th floor, 1 bedroom: for sale @ $399,000
LOFTS in Market currently available for rent in 2016
- Baldwin 4th floor: 1 bedroom available for $3095/month
- Baldwin 4th floor: 1 bedroom available for $3395/month
LOFTS Leased in Baldwin & Nassau in 2016
- Baldwin 5th floor: 1 bedroom leased for $2020/month
- Baldwin 4th floor: 2 bedrooms leased for $3200/mo
- 335 College bahelor leased for $1300/mo
- 335 College bachelor leased for $1400/mo
- 297 College, 10 floor 1+1 bedroom leased for $1800/mo
- 297 College, 11th floor 1+1 bedroom leased for 1850/mo
UNITS currently available for rent in 2016 on College St.
- 297 College - 0 - 499 sq ft available @ /mo
- 297 College - 500 - 599 sq ft all available @ $1750/mo
- 335 College - up to 499 sq ft all available from $1400 - $1600/mo
- 335 College - 500 - 599 sq ft all available @ $1800/mom
UNITS Leased on Oxford St. in 2016
- 2nd floor, 2 bedroom leased for $1975/mo
- 3rd floor, 2 bedroom leased for $1800/mo
- 5th floor 1 bedroom leased for $1975/mo
- Patricia @ patriciakatzrealestate@gmail.com
- Direct: 416-879-2094
Some analysts predict condo prices to rise because:
- limit in supply of resale & new inventory listings
- low interest rates
- Greenbelt surrounding GTA limits new housing construction (like Manhattan on an island)
- freehold houses are unafordable for first time buyers
- some condos are experiencing bidding wars
- condo developers charging $40,000 - $60,000 for 1 parking spot
- some new condos are not allowing buyers of studio and 1 bedroom condos to purchase parking unless some are remaining from purchases of larger units
- government wants developers to increase space for bicycles and extra storage
- condo selling prices have increased in Toronto over the year by 10%
- new condos averaging $700/sq ft
- many buyers now accepting idea of condo maintenance fees as maintenance costs of houses, especially older ones, are steadily increasing
"Similar to the low-rise freehold market segments for houses, the growth in condo sales is outstripping growth in condo listings this year. Sellers' market conditions exist for condominium apartments in many parts of the GTA including Toronto's downtown core. This is why we are seeing average price growth above the rate of inflation". Jason Mercer, TREB's Director of Market Analysis.
FREEHOLD SOLDS IN 2016
- Augusta Ave. semi mixed use: sold $1,080,000
- Dundas St. W. townhouse: sold $738,000
- Hickory St. semi: sold $915,000
- Kensington Ave. attached: sold $1,068,000
- Lippincott St., towhouse: sold $720,000
- Nassau St. attached: sold $935,000
- Nassau St. semi: sold $1,020,600
- Nassau St. attached: sold $1,088,000
- Nassau St. detached: sold $1,268,000
- Nassau St. semi: sold $1,390,000
- Oxford St. townhouse: sold $1,200,000
- Oxford St. townhouse: sold $1,300,000
PROPERTIES CURRENTLY FOR SALE in 2016:
- Augusta Ave. commercial/residential: asking $1,299,000
- Augusta Ave. commercial/residential: asking $2,389,000
- Augusta Ave. commercial asking $1,750,000
- Baldwin Ave. store & apt: asking $2,199,999
- Dundas St. W. attached: asking $699,999
- Dundas St. W. attached: asking $879,900
- Nassau St. redevelopment site: asking $2,438,888
- Oxford St. duplex: asking $1,599,000
RENTALS CURRENTLY AVAILABLE
- Oxford St., main floor: asking $2750/mo
SPACES LEASED:
- Lippincott St.: $1400 - $2650
for detailed information, contact Patricia
Direct: 416-879-2094
