To date this year, every property in downtown Toronto I’ve had the pleasure of dealing with has had multiple offers. Every condo my clients have looked at have had offer nights! Condos in the downtown core are hot but how hot? Well, in my opinion very hot but buyers are putting some cold water on what could be an inferno. Buyers are buying with their heads and not their hearts.
The other story is the detached average house price in Toronto for April was $1,354,719!