Kanwar (Ken)  Kochar

Kanwar (Ken) Kochar

Broker

RE/MAX Gold Realty Inc., Brokerage *

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Toronto Real Estate Report- rent to own

Toronto House: Median price $698,000 Monthly growth 0.43% Stock on market 0.31%

With Toronto’s median house price at $698,000 in Nov , it is high priced compared to the rest of Ontario.

Toronto’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Toronto has a huge choice compared to the rest of the province

Can we guarantee how well Toronto is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Toronto have stayed pretty much the same which would tend to indicate that demand is steady.

Rent to own remains a viable alternative

 

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