Welcome to The GREENSIDE REAL ESTATE Web Site!
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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 Steve Bogatek Stan Sreba Broker of Record Sales Representative/President Sales Representative
GREENSIDE REAL ESTATE MARKET UPDATE AUG/07
RESIDENTIAL MARKET: Average house prices are down one percent from last month to $361,890. Also up 7% from August of last year's figure of $338,192. Average time-on-market was 33 days.
INVESTOR'S MARKET: Average Rate of Return Multi-Unit Residential: 7 per cent - rental rates to increase 1.6% over the next year Industrial: 8 per cent Retail/Commercial: 7 per cent
COMMERCIAL MARKET: 806,743 sf of space leased in August through Toronto MLS. This summer, a total of 3,070,102 sf of space has traded through the Toronto MLS, up 13% from the 2,716,065 sf recorded during the summer of last year. Industrial space leased at $6.35 sfn, up 12% from August of last year. Commercial space in all categories leased for $17.86 sfn., up 12% from last year's $15.86.
RENTAL MARKET: Condo developments still selling well; this means good selection and steady rental rates for renters. In the better projects, demand is outpacing availability. |