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Purchasing a Condo
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What $1M Got You In Toronto This Past Month
Author:
Robert Van Rhijn
Publication date:
October 2, 2022
Article Summary:
This blog discusses the state of the Toronto real estate market by examining what a budget of $1 million could buy in the city in the past month. The author provides examples of various properties, such as condos and houses, that were sold for around $1 million in different neighborhoods of Toronto. The blog highlights the significant price appreciation in the Toronto real estate market and the competitive nature of the market, with many properties receiving multiple offers and selling above the asking price. The blog also provides insights into the factors driving the demand for Toronto real estate, including low-interest rates, a growing population, and a limited supply of available housing.
Keywords:
Toronto real estate market, $1 million budget, properties, condos, houses, neighborhoods, price appreciation, competitive market, multiple offers, asking price, demand, low-interest rates, growing population, limited supply, available housing.
Source Citation:
Robert Van Rhijn
What $1M Got You In Toronto This Past Month
October 2, 2022
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