Posts Tagged ‘condo sales’
If the first month was any indication on how the rest of the year will perform…Yorkville residents have a lot to celebrate! January saw 29 sales take place, that’s almost double the 15 that occurred the same time last year.
8 Park Road and X condos were tied for the most amount of sales, with 4 a piece! Crystal Blu followed close behind with 3 (one of which the BloorCondos Team sold). The most popular layout was the one bedroom floorplan with 11 sales. We believe this was a result of investors cashing out on X and Crystal Blu. A three bedroom unit with over 2700 sf recorded the highest price of the month fetching over $2,500,000 in less than three weeks. The best deal was negotiated down to 87% of asking and the highest paid price was recorded at 109%!
Very soon both Exhibit and The Yorkville Condominiums will be launching…check back for more info and take advantage of an early opportunity to buy into one of these luxury projects! Contact theBloorCondo Team for more info.
Residents of the soon to be completed Crystal Blu are one step closer to owning their piece of Yorkville. Last week one of our clients informed us that letters were sent out to purchasers letting them know that building has now registered with the City. This means that final closing will be taking place in the coming weeks!
Currently five units are for sale on the MLS from the developer including two of the penthouses! The price per square foot ranges from approximately $760/sf to $800/sf and between $1180 – $1218 for the penthouse suites.
Later in the week we’ll have exclusive pics from on of the newly completed condos! If you’d like to know how much your unit is worth, contact the BloorCondos team for an evaluation!
And so wraps up another year of real estate in Yorkville! It was a year filled with many highs, such as a 12 million dollar condo sale, and overhaul of Bloor street and several new condos including Chaz on Charles, Pears on the Avenue and One Bloor launching in the neighbourhood! 2011 should be just as big (if not bigger) with The Yorkville Condominiums launching in the new year along with Exhibit Residences! We’re also looking forward to seeing construction start at x2, U Condos and for several projects to register including: Crystal Blu, The Uptown and One Bedford!
As predicted in last months post, sales more than doubled compared to December 2009…in total 33 units sold! The most amount of sales took place at Nicholas Residences with 5 sales being recorded, but since this project is still in the presales stage, it isn’t the best indicator. There were several ties for second place with five buildings recording two sales a piece. The most notable of the five occurred at X Condos as these two units marked the first sales in the building since the condo registered with the city… We’ll be writing a more in-depth post later in the month on this!
The most expensive sale of the month happened at the soon to be completed One Bedford! It was a two bedroom plus den penthouse unit that sold from the developer for more than 2.5 million. The best deal of the month was had at Casa Condos where a bachelor unit sold for just under $300,000. The most popular layout to sell was the 2 bedroom units with 9 sales happening, followed close behind by the one bed and one bed plus den layout at 8 and 7 a piece!
Look out for more posts this month coming straight to you from the avenues of Yorkville! To purchase your own Yorkville Condo, contact the BloorCondo team!
If you had your Yorkville condo listed during the month of November, there’s a pretty good chance you recieved and early Christmas present! 43 units sold during the month resulting in a 59% increase compared to the 27 sales recorded in 2009 and one more then October 2010. These numbers go against typical seasonal trends that usually result in a slow down of sales… And we’re sure no one would complain over that kind of change!
Along the lines of trend changing results, 8 Park Rd had 5 sales occur followed close behind by CASA with 4 sales on 33 Charles St. Usually the newer buildings tend to have the most activity but as 8 Park Rd has shown, that isn’t always the case! We also noticed a peak in bachelor units as 4 units sold. Three of those were sold by way of preconstruction and came from the Nicholas development. The most popular unit was the 2 bedroom style accounting for 14 sales, followed neck and neck by the one bedroom and one bedroom plus den layout at 9 and 8 sales a piece!
On average it took 42 days for condos to sell but for one lucky seller they got it sold in 6. The best deal was negotiated at 86% percent of asking and the highest paid price was 3% over asking. A two bedroom, three washroom condo took the cake for the highest price sold at over two million dollars!
We have high hopes for December surpassing the 14 sales recorded in 2009! Check back later in the week as we announce the newest condo to register in Yorkville….here’s a hint, it has something to do with the 3rd last letter of the Alphabet!
To purchase your own Yorkville Condo, contact the BloorCondo team!
Pack up the pumpkins and bring out the pine…with Halloween over, Christmas is less than 2 months away! Signs of the festive holiday are quickly popping up all over Yorkville the street lights already wrapped with wreaths.
As we look back at sales in Yorkville for October 2010, we’re greeted with mixed numbers. On one hand, prices have continued to follow the increasing trend seen throughout the year. On the other, sales numbers are starting to slow. We saw 42 sales in October, only one more than the previous month. That number is almost exactly the same as the 43 recorded in October of 2009! With the addition of new condo inventory to Yorkville, one would think more sales would occur.
On average units sold at 97% of asking! Greatest deal was had at 88% of asking price and the highest list to sold price was recorded at 111%. The most popular layout was the one bed plus den with 12 sales followed close behind with the one bed and 2 bed layouts tied with 10 solds a piece!
A custom-designed Penthouse At The Prince Arthur with 11 rooms and 4 washrooms recorded the highest sale in Yorkville! The most popular building for sales occurred once again at Bloor Street Neighbourhood with 6 sales followed by it’s neighbour to the south, CASA Condos with 3 sales.
As we approach the last quarter of 2010, it will be interesting to see how sales in Yorkville wrap up.
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