Historically low mortgage rates and a buyer’s market are allowing first-time buyers the chance of a life time.  In the last 2 weeks I’ve seen a lot of entry level condos sell for great prices within the area   What’s best is that we are also approaching the major selling cycle when more motivated sellers will need to sell.  These opportunities are perfect for the first time home buyer and investor. 

Here’s a great example – last night I showed a young couple some condo townhouses on Redpath and Lillian.  I love these townhouses……2 storey layouts with 200 sq ft roof top patios for sun tanning and the bbq.  At the height of the market with all the crazy multiple offers – these condo townhouses sold as high $415000.  Now – we see them listed in the $370000’s, with no multiple offers in site, and a great chance to negotiate for a better price.

Here’s the low down on one that we viewed at 106 Redpath unit 21 – listed for $375000.  Large **Corner** unit townhouse – facing Redpath avenue – unobstructed city views from the private L-shaped patio.  The place had laminate flooring and new carpet (2009) and was professionally painted (2009), walking distance to the subway, shops and restaurants.   Photos Below.

 

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It’s now one of the best times to buy in the Yonge and Eglinton area.  Economic conditions have fueled bargain home and condo prices within the area.  Click below to see more condos for sale.

Let me help you find that great condo!  Click on the link to view condos currently available in the Yonge and Eglinton and Yonge and Davisville area. Click Here to View Condos

If you have an interest in Buying or Selling a condo, then please fill out fill out this contact form or call me directly at (416) 457-1722.