Top 5 projects selling projects
5. Garden Villas 3(Stacked) by Great Gulf Homes (Eglinton and Winston Churchill - Mississauga)
Total: 94 UnitsSales: 23 (including those in the 10 day rescission period by the end of Dec '10)
Average Price $239 psf
4. DNA3 - Tower A & B by Canderel Stoneridge (King St W and Dufferin)
Total: 536 UnitsSales: 24 (including those in the 10 day rescission period by the end of Dec '10)
Average Price $560 psf
3. Stonebrook II by United Lands (Lake Shore and Southdown - Mississauga)
Total: 225 UnitsSales: 25 (including those in the 10 day rescission period by the end of Dec '10)
Average Price $369 psf
2. Limelight - North Tower by Daniels (Mississauga City Centre)
Total: 353 UnitsSales: 31 (including those in the 10 day rescission period by the end of Dec '10)
Average Price $454 psf
1. Treviso Condos by Lanterra (Lawrence Ave W and Dufferin - North York)
Total: 411 UnitsSales: 41 (including those in the 10 day rescission period by the end of Dec '10)
Average Price $471 psf
Observations:
- With 20,349 sales, 2010 is the 2nd best year in record for sales (next to 22,408 in 2007)
- December sales within historical range of 600-700 units
- Year over year price appreciation is 13.4%
REal Experts Conclusion:
- Fastest selling units are in the former City of Toronto shows a "flight to quality" as investors focus near transit
- Affordability will soon push first time buyers outside areas heavily served by transit
- Will see more woodframe style products being built to maintain affordability
Sources: Realnet and The Lyon Report
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6 comments:
Those are stunning condominium buildings. Specially to live in that second photo. Do you have some interior shots with this, even just one room. Thanks!
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It was long ago since I visit your blog and its mhe again, visiting and reading along. :)
arrielle p
Limelight - North Tower by Daniels is looking good..
i like the "REal Experts Conclusion" points that you have shared here. it would be nice if you can share some more information here in your future posts..i am looking for some information related to Newbuy.so it would be nice if you can share some information related to this here in your future post..
Wow great screen shoots of building.I really like this.Thanks to share this blog.
Wow! Those condominiums building look awesome. It’s like a dream to live in such buildings. I must say condo market is growing rapidly.
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