My week was quite busy. I "Just Sold" for 4431 Glen Erin Drive, Mississauga close to 98% of asking price. Double ended two leases "Just Leased" for 210 Victoria St, #3809, Toronto and "Just Leased" for 1055 Bay St, Apt #2012, Toronto.
Thank you for your business! 22 sales and leases in 1st Quarter of 2009 including couple double-ended deals. I've put together a list of "My Recent Sales and Leases". Take a look!! Also, please check my blog from time to time for recent real estate update. http://simsonchu.blogspot.com
Toronto real estate market continues to strive as interest rate reaches historic low. 5 Year fixed rate is now 3.69%. First time buyers are optimistic and taking advantages of the low interest rate to enter the market. Buyers who have 25% down payment is better to purchase a 1 bedroom condo apartment under $300,000 than renting at $1400/month + utilities.
Have a great weekend! It is gonna be sunny and warm!


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