The Merchandise Loft Building

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The Perfect Blend Of Lofty Historic Charm And All The Convenience Of Downtown Living, Steps From Dundas Square & The Eaton Centre. Great Light With Wonderful West Views Of The Downtown Skyline And Evening Sunsets. Hardwood Floors, S/S Appliances, 12 Foot Ceilings & Sliding Barn Doors. Incredible Building Amenities: 24Hr Security, Gym, Rooftop Dog-Walk, Bbq Terrace, Party Room, Pool & Guest Suites. Metro & Loblaws Grocery,

APRIL 2015 TORONTO REAL ESTATE MARKET UPDATE
The supply of homes for sale is not meeting the demand we're seeing from homebuyers in many areas. This is putting upward pressure on prices, particularly in the detached home market. This situation is not expected to change markedly as we move through the remainder of 2015 until we experience a sustained period in which listings grow at a faster pace than sales.

Toronto, May 5, 2015 -- Toronto Real Estate Board President (TREB) Paul Etherington announced that Greater Toronto Area REALTORS® reported 11,303 sales in April 2015. This was the highest sales result on record for the month of April and represented a 17% increase in comparison to April 2014. While sales increased strongly on a year-over-year basis, new listings were up over the same period by a more moderate 5.0%.

"The record April result clearly points to the fact that a growing number of GTA households view ownership housing as a high quality, long-term investment. This is evidenced by the strong sales growth we have experienced in Toronto and surrounding regions for all major home types. First time buyers and existing homeowners remain very active in today’s market,” said Mr.Etherington.

The overall average selling price, which accounts for all homes reported sold by GTA REALTORS® in April 2015, was up by 10% year-over-year to $635,932. The Multiple Listing Service® (MLS® Home Price Index (HPI) Composite Benchmark, which estimates the price of a benchmark home with the same attributes from one period to the next, was up by 8.4% over the same period. The fact that average price growth outpaced growth for the MLS® HPI Composite Benchmark, suggests that a greater share of higher-end homes changed hands this year compared to last.

Irrespective of the indicator used, price growth in the GTA was strongest for low-rise home types. However, the better supplied condominium apartment segment also remained healthy with price growth above the rate of inflation.

“Demand for ownership housing was very high relative to the number of homes available for sale in April. This situation is not expected to change markedly as we move through the remainder of 2015. Until we experience a sustained period in which listings grow at a faster pace than sales, annual rates of home price growth will remain strong,” said Jason Mercer, TREB’s Director of Market Analysis.

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Beautifully Renovated Industrial Loft In The Highly Sought After Merchandise Building. Nothing Left To Do But Move In And Enjoy! Soaring 13 Foot Ceilings, Renovated Kitchen And Bath And A Walk Out To 110 Sq. Foot Terrace Over Looking A Quiet Court Yard. Steps To The Subway, Ryerson, U Of T., Yonge And Dundas Square, The Financial District, Eaton's Centre And Hospitals. Perfect Suite For A Young Professional!

A great and practical article. Something you might want to consider adding to your 1 bathroom condo....
http://m.thestar.com/ #/article/life/homes/2014/10/17/home_dcor_ideas_to_put_some_pow_in_your_powder_room.html

Be sure to check with your condo board to get permission!