416-925-9191 Tiffany Sly, Sales Representative, Chestnut Park Real Estate Limited, Brokerage

"I would definitely recommend Tiffany and her team for anybody looking to sell their home in Toronto."

Heath

Chestnut Parks number three team

Tag Toronto

Dec
11
2017

BRRRRRR!!!! PREPARE YOUR HOME FOR WINTER WITH THESE EASY STEPS

As Toronto experiences our first big snow fall of the season, it’s time to think about preparing your home for winter! Readying your home for a long, cold winter isn’t exactly as simple as preparing yourself for one. I mean, imagine you could just slap a pair of gloves on and wrap a scarf around […]

Nov
16
2017

Our October Chestnut Park Real Estate Market Report is out! The market has rebounded – We now have an increase in supply for buyers, and steady but sustainable price increases for sellers!

The Toronto residential resale market returned to form in October. It returned to where it should have been before the frenzy set in at the beginning of this year and buyers began competing for properties indiscrimately and paying unreasonable prices. Price increases of 30 percent on a year-over-year basis are simply unsustainable. Even without the […]

Aug
18
2017

Our July Chestnut Park Market Report is out! The market has changed because of psychology …

It is safe to say that the lull in the Toronto and area residential resale market is not due exclusively to the summer doldrums, although the seasonal slowdown that happens every year in July and August is no doubt adding to the slow market. In July, 5,921 residential properties were reported sold for the greater […]

Jun
13
2017

Our May 2017 Chestnut Park Market Report is out! The market has cooled but it’s only temporary …

There have been a number of changes in the Toronto and area residential resale market in the last two months, and yet in many ways it continues to resemble the market that had politicians and economists expressing sustainability concerns in February and in March. How is the market different? It can be summed up in […]

Apr
20
2017

Our March Market Report is Out – The Toronto market place continues to be shaped by global factors as much as local factors such as supply and low mortgage interest rates.

March residential resale numbers were staggering, in every category. More than 12,077 homes changed hands in March, up almost 18 percent compared to the 10,260 that were reported sold last year. In comparing 2017 against 2016 it must be remembered that 2016 smashed all records for residential resales. The most daunting statistic emerging for March’s data […]

Jan
12
2017

Our Chestnut Park Real Estate Market Report is out for December 2016 – slow but expected; January is sure to pick up!

Another record breaking year for the Toronto and area residential resale market. In 2016 113,133 properties were reported sold. This number shattered the previous record of 101,213 properties sold in 2015. That makes two consecutive years in which Toronto and area sales have exceeded 100,000. Prior to 2015 reported sales had not even come close […]

Nov
16
2016

Our October Chestnut Park Market Report is out! – The Seller’s market continues and how the new mortgage rules is affecting buyers…

In October the Federal Finance Minister implemented new “stress testing” for buyers looking for high ratio loans. A buyer seeking a high ratio loan normally has less than 20 percent of the purchase of the property. The new “stress testing” rules require borrowers to be qualified at banks’ posted rates, and not the discounted rates, […]

Oct
12
2016

Our September Toronto Market Report is out! Two major concerns remain: declining supply and rising home prices…

As the month of September comes to an end, the two major concerns about Toronto and area’s resale market are declining supply, to critical levels, and rapidly rising home prices. Both have been issues throughout 2016, but they have now become hot points that are attracting the attention of government and potential government intervention. As […]

Sep
22
2016

Why Parkdale/West Queen West is one of Toronto’s coolest ‘hoods

With its wonderful tree-lined streets, walking distance to Toronto’s waterfront parks, impressive mansions, and affordable Victorian homes, it’s no surprise that Parkdale is one of the city’s most beloved neighbourhoods. The plethora of housing options in the area has resulted in one of Toronto’s most diverse demographics, while the Parkdale Community Watch recently received an award as the best neighbourhood watch group in the city. The many independent boutiques, trendy restaurants, […]

Sep
19
2016

Our Market Report for August is out! The GTA average sale price continues to rise…and it doesn’t seem to be stopping. We need inventory!!

As we enter the traditional fall market, the big story in Toronto is inventory shortage. At the end of August there were only 9,949 residential properties available to buyers, a number only slightly higher than the 9,813 properties reported sold in August. This is a historic low. For the past few years it was the […]

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