RLP Maximum, a real estate broker in Toronto, Ontario, Canada has noted that there is an upward momentum in home prices in Toronto and that this momentum is strong. Prices have increased substantially in some districts because there are less available homes for sale while home buyers have changed in the kind of homes they are looking for in view of the coronavirus threat. With that, prices are expected to increase significantly in July and August as more buyers compete for the available properties for sale. Nevertheless, the effect of the coronavirus shutdown on the economy and the possibility of a new wave of infections must also be taken into account.
A spokesperson for RLP Maximum says, “There is a strong upward momentum for the rise in property prices in Toronto, which means that home buyers may have to deal with higher prices as more and more of them engage in bidding wars in the area this summer season. Nevertheless, it is important to note that this is a post-coronavirus shutdown trend and it is harder to make a forecast on what is to be expected after the summer. It is important to consider the possibility of the emergence of a new wave of the coronavirus that could further dampen the economy.”
Those who are looking for fair prices may want to check out the listings at RLP Maximum. For instance, they have a number of semi detached homes for sale in Toronto and neighbouring areas, such as the 2-storey property located at 261 Atlantis Ave E, Ottawa, Ontario with 3 bedrooms, 4 bathrooms, a square footage of 2,000 sq ft and a price of $1,350,000; the 2-storey property at 148 Yellow Birch Cres, Blue Mountains, Ontario with 3 bedrooms and 4 bathrooms, a square footage of 1,500 sq ft and a price of $699,000; the bungaloft style home at 5 Bardol Ave, Fort Erie, Ontario with 3 bedrooms and 3 bathrooms, a square footage of 2,000 sq ft and a price of $679,900.
Detached homes are also available. These include the property at 212 Spring Creek Dr, Hamilton, Ontario with 4 bedrooms and 3 bathrooms, with a square footage of 2,000 sq ft and a price of $899,900; the bungalow home at 190 Johnston N, Centre Wellington, Ontario with 3 bedrooms and 3 bathrooms with a price of $589,900; the bungalow home at 135 Martins Rd, Kawartha Lakes, Ontario with 3 + 1 bedrooms and 3 bathrooms and a price of $749,900; the bungalow home at 468 Grantham Ave, St. Catharines, Ontario with 3 + 1 bedrooms and 2 bathrooms with a square footage of 1,100 sq ft and a price of $474,900; and the newly renovated 1.5 storey house at 99 Pelham Rd, St. Catharines, Ontario with 3 bedrooms and 1 bathroom and a price of $299,000.
For those who are interested in vacant land there are also a number of options available. These include the 1.2 acre residential building lot at Ptlt30 Puslinch Con Gore, Puslinch, Ontario with a price of $715,000; the 8 acre building lot at 0 County 29 Rd, Trent Hills, Ontario with a price of $179,000; the building lot at 0 Conseccion 2 Rd, Trent Hills, Ontario with a price of $379,000; the building lot in a waterfront community designated as Lot 73 Helen Crct, Kawartha Lakes, Ontario with a price of $169,900; and the vacant lot surrounded by multi-million dollar homes at 2126 Parker Dr, Mississauga, Ontario with a price of $2,575,000.
At RLP Maximum, the team of real estate agents are committed to helping every Canadian find the home they are looking for in the community that they have always dreamed of. The understand that property buyers are in search of a place that is clean, safe and exciting for them to establish their roots, and that this purchase is one of their biggest and most important financial decisions in their life.
Those who are interested in the available properties for sales in Toronto and neighbouring areas, including lots for sale may want to check out the RLP Maximum website, or contact them on the telephone or through email.
SOURCE: Press Advantage [Link]
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