Your Best Real Estate Resource - At Your Service

Welcome! Please take a moment to browse our website and contact us with any questions you have about 

                      BUYING OR SELLING A HOME
                      BUYING OR SELLING INVESTMENT PROPERTIES
                      BUYING, SELLING OR LEASING SPACE FOR YOUR BUSINESS 

We are dedicated to helping you make an INFORMED DECISION and a smooth, STRESS-FREE REAL ESTATE TRANSACTION. Our experience and expertise ensure your satisfaction. We use the latest online and traditional marketing programs to find you a qualified buyer. We are linked to the main residential and commercial sites to help you find the right property.

We at GREENSIDE are YOUR BEST REAL ESTATE RESOURCE. Our website has been put together with you in mind. While you are here we know that you will find a great deal of useful information. If there is anything you cannot find, please call or email us and we'll do our best to get you what you need.

Anna Teskey, Broker of Record

Steve Bogatek, Sales Representative/President                                                                                                                                       

GREENSIDE REAL ESTATE MARKET UPDATE June/09

RESIDENTIAL MARKET: Not enough good inventory for buyers keeps prices up and bidding on properties is the norm in certain areas. Low interest rates still too good to pass up for first-time buyers. Call us for area-specific info if you're thinking of buying or selling.

INVESTOR'S MARKET:  Average Rate of Return
Multi-Unit Residential: 5 per cent - rental rates fluctuating do to uncertain economic climate
Industrial: 6 per cent
Retail/Commercial: 6 per cent

COMMERCIAL MARKET:  Prices declined for Industrial and Commercial space in May. Industrial space traded at $5.34 sfn, down 12% from the May, 2008 price of $6.08 sfn. Commercial space traded for $11.27sfn, a 22% decline from the same month last year.

Commercial/Retail properties from 2,500 sf to 5,000 sf sold at an average of $134.59 psf in May, and over 5,000 sf at $22.06 psf.

LEASED CONDOMINIUM APARTMENT TRANSACTIONS UP 38% from the same period in 2008. Almost 93% of all residential rental transactions on the MLS involved condominium apartments. The number of listings increased by over 60%. Renters had more to choose from and more negotiating power with regard to rents.

In Central Toronto, there were 1,496 one-bedroom units rented at an average price of $1,478 - down 2% from last year. There were 903 two-bedroom units rented for an average of $2,043 per month - down 4% from last year. Average rent for a centreal 3-bedrom townhouse: $$2,045 per month.