Sophisticated New Condo Development in Vaughan. Great location & smart buy. Expo (Vaughan Metropolitan Centre) will have immediate access to TTC/Subway, slated for 2015 completion. 1BR + Den units are selling for about $430/s.f.
Also note urban townhomes, at Woodbridge Crossing (Hwy#7 & Kipling, near old Woodbridge). These townhomes provide a great start to home ownership in West Woodbridge (Vaughan). Starting at $469,990 (1,616 s.f.)
If you’re curious about these developments, or want help through the process of buying a new condo or townhome in Vaughan, feel free to contact me. 416-737-4343 / firstname.lastname@example.org
(note: re-posted from previous blog site – originally posted Oct.2011)… Please stay tuned for 2012 Spring Update…
“The pace of home sales remains brisk in October”… “The average selling price through TorontoMLS in October was $478,137 – up 8% compared to October 2010.” (TREB – MarketWatch, Oct.2011). Prices in the “905” area codes have seen greater price increases, 9% for detached homes, and 11% for Semi’s & Townhomes. Strong price growth throughout the GTA continues to be effected by low interest rates & low inventory.
Perfect examples are Richmond Hill & Thornhill. I have been working in these “hot neighbourhoods”, and there is no sign of a slow down here! Why are they so hot? Just look at the sales statistics in Richmond Hill, for example, where the average sale price for a townhome in October was $492,263, taking on average only 17 days to sell. Making up part of these stats are a couple properties I sold (on Ruby Crescent and Kimono Crescent in “Rouge Woods” – north/east of Bayview & Major Mackenzie):
–> 98 Ruby Cres – 3 Bedroom Townhome with 3 bathrooms, unfinished full basement, under 10 years old, maintained beautifully with some updates.Approx 1570 sf. This home sold for close to the asking price of $489k in less than a week.
–> 137 Kimono Cres – 3 Bedroom Townhome with 4 bathrooms & finished basement, approx 11 years old, 1500 sf, sold over the asking price of $479k in less than a week!
Hot neighbourhoods in York Region: Richmond Hill (includes Rouge Woods, Oak Ridges, Bayview North, Bayview Hill, Richvale), Vaughan (Thornhill, Sonoma Heights, Maple, Vellore, Kleinburg).
Feel free to contact me if you want more details about any of these neighbourhoods, or would like to know the current value of your home.