Fun facts about City of Toronto addressesShare

Number of addresses in the City of Toronto: approx. 433,000

How are numbers determined? (with some exceptions)

Even numbers are given to the north and west sides of streets
Odd numbers are given to the south and east sides of streets

On streets that run east-west, numbering begins closest to Yonge St.
On streets that run north-south, numbering begins closest to Lake Ontario


Clearly identified properties lead to faster response times from emergency service vehicles. In 2003:
Toronto’s Emergency Medical Service transported 142,000 patients
Toronto’s Fire Services responded to 9,259 fires and 2,081 rescues

SOLD FOR 88% of List Price!!

Commercial Property

Housing market turned to favour Buyers

TORONTO, December 17, 2008 -- Greater Toronto REALTORS® reported 1,487 resale transactions during
the first half of December, from 2,868 sales recorded in the same period a year ago, Toronto Real Estate Board President Maureen O’Neill announced today.

The average price of a home in the Greater Toronto Area is currently $360,652. This compares to an
average of $404,707 recorded during the first half of December 2007 and to an average of $343,048 recorded during the same period in 2006.

“Keeping today’s market statistics in perspective, MLS® statistics confirm that over the last 10 years the price of homes has increased in value. What this means for the consumer is that real estate continues to hold its value and is a solid choice for long-term investments,” said Ms. O’Neill.

In the 416 area, 619 transactions were recorded during the first half of this month, from 1,402 sales that took place during the same timeframe a year ago.

The average price in the 416 area is currently $382,759, from an average of $450,731 a year ago, and
$367,650 recorded in the first half of December 2006.

In the 905 region 868 homes changed hands in the first two weeks of this month, from 1,466 transactions that took place in the first half of December 2007.

The 905 region’s current average price is $344,887 from an average of $360,691 recorded during the same timeframe a year ago and $325,477 recorded at mid-December 2006.

“The recent C.D. Howe land transfer tax study confirms REALTORS’® concerns that the second LTT
imposed on homebuyers in the City of Toronto has indeed contributed to the economic conditions in the
GTA,” added Ms. O’Neill.

There are currently 24,708 listings on the TorontoMLS system, from 17,027 a year ago. The average number of days a home now remains on the market is 43, as compared to 33 days a year ago. Sellers are achieving 96 per cent of their listing price, as compared to 98 per cent a year ago.

“Location, price and your own personal financial and family situation all play an important role when
considering a purchase,” said Ms. O’Neill. “REALTORS® can provide you with information about
neighbourhoods, school districts and realistic pricing because of their vast knowledge of the local
community.”

Happy Holidays!

Condo sales remain steady

Nov 08, 2008
Toronto Star

The Toronto condominium market was on pace with 2005 and 2006 in terms of new unit sales, according to the latest data from Urbanation.

“The Toronto condo market is showing signs of softening, indicating that the ‘go-go’ market of the past few years has returned to more normal levels, as Canada feels the effects of a so-far-mild slowdown,” said Jane Renwick, executive vice-president of Urbanation.

The Toronto development industry appears to be on track to sell about 16,000 new condo units in 2008, down from the record-breaking 2007, but on trend with both 2005 and 2006.

A total of 15 new condo projects opened in the third quarter of 2008, and sales were strong, as 47 per cent of the 4,449 new units released were sold during the quarter. This compares with the historic norm of 35 to 40 per cent.

Pricing for new condos in Q3/08 was up a modest 2.5 per cent from the previous quarter, from $396 per square foot in the second quarter to $406 per square foot in Q3/08.

The market is still being driven by positive forces that includes migration into the city, affordable pricing, and low interest rates.