Toronto’s slowing condo market will stabilize next year, but the risk
that prices will fall is greater in the longer term, Canada Mortgage
and Housing Corporation says.
Shaun Hildebrand, a senior market
analyst for the Greater Toronto Area at CMHC, presented his latest
thoughts on the market at a conference Wednesday morning.
The large quantity of cranes dotting the city’s skyline are part of
the reason why many observers have suggested that Toronto’s condo market
could be in a bubble, one that could precede a significant drop in
prices.
But Mr. Hildebrand said he’s far less worried than many.
“I’m not overly concerned, although there are risks,” he said in an
interview. Among those are the rising proportion of condos that are
owned by investors, and the large increase in new condominiums that will
be completed in the years ahead.
One risk that Mr. Hildebrand
doesn’t subscribe to is the much-discussed notion that foreign investors
are propping up the market.
“I don’t see that there will be any
sort of mass exodus of foreign money,” he said. While there are no
statistics on the proportion of new condos that are being bought by
foreigners, Mr. Hildebrand said that surveys by the Municipal Property
Assessment Corporation suggest that about four per cent of the condos in
Toronto are owned by people who don’t have Canadian citizenship.
Mr. Hildebrand also takes comfort from some lessons he’s learned by studying the condo bubble that occurred in the late 1980s.
“Even
though today we see that the number of units under construction is
about twice as high as it was back then, the share of units that are
unsold is relatively low,” he said. “When a project comes to completion
today it’s 95 per cent presold. In the late 1980s bubble it was at best
60 per cent sold.”
Buyers also generally put down larger deposits today, making it harder to walk away.
“Condo
prices from 1985 to 1989 rose by 170 per cent, so there was a lot of
speculative activity going on then,” he said. “And then you were
entering into a very significant recession that hit the labour market in
the early ‘90s, and interest rates went into the double digits. But
despite that perfect storm we only saw prices decline by about 25 per
cent over the course of the next seven years, a relatively small amount
in relation to the run up, so that tells us that prices are pretty
sticky on the way down.”
In addition, Mr. Hildebrand said that a
lot of investors who bought condos in the late ‘80s held onto them when
the market got tough.
Another statistic that gives him comfort: he
says that in the past decade condo prices have risen by about 55 per
cent, while the price of all other homes have risen by about 75 per
cent.
Moreover, he compared Toronto prices to those in other
cities around the world, and found that prices for prime condo space in
areas like London and Paris are twice as high as they are for prime
space in Toronto, and in New York and Tokyo they’re about 30 per cent
higher than here.
“So even though we’re seeing all of this supply,
all of this building taking place, it’s not necessarily a prescription
that prices have to decline,” he said. “In the short term we’re quite
confident that prices will hold up. They may decline slightly over the
next six to nine months, but in an environment where interest rates
remain low and the economy’s holding stable, any sort of reductions in
price are just going to help to improve affordability and set the stage
for a better level of sales towards the end of 2013.”
While he
doesn’t see sales rebounding to the levels they were at prior to the
moves Ottawa made in July to tighten up the mortgage market, he does
expect them to be “a little higher” than they are now.
“The longer
term comes with some greater risks,” he said. “There’s almost 50,000
units under construction right now, an increasing share of investors are
believed to own these units, so it’s going to be key to understand what
they choose to do with their units when they come to completion. Right
now a lot of them are holding on. But will they continue to do that in
the future? And the bigger question is what demand is going to look
like. It’s obviously more difficult to anticipate the economic
environment a few years out than it is say over the next year or so. So
that’s where the risks lie, I would say 2014, 2015.”
source: http://www.theglobeandmail.com
Thursday, November 15, 2012
Friday, November 9, 2012
Saturday, November 3, 2012
More Signs of Cooling in Toronto’s Red-Hot Condo Market
New condominium apartment sales in Toronto fell 30% in the third quarter from the second quarter, Urbanation Inc. said Thursday, another sign the condo market in Canada’s biggest city has topped out in the wake of the Canadian government’s efforts to guard against as U.S.-style, real-estate meltdown.
But at the same time developers are getting the message and slowing construction activity to meet the reduced demand, the Toronto-based condo market research company found.
Concerned in particular over the prospect of a potential housing bubble forming in Toronto and Vancouver amid a condo building boom in the two cities, Canada’s Finance Minister Jim Flaherty this summer tightened mortgage-lending rules to guard against an overheating market.
In a release Thursday, Urbanation’s findings suggest the government’s moves are working. New condo apartment sales fell 30% to 3,317 in the third quarter from the prior period, and unsold units were being offered at 573 Canadian dollars per square foot at the end of September, “an increase of just 2%” from the year-ago period, Urbanation said. The condo resale market also slowed in the third quarter, with sales down 32% from the second quarter, the group said.
Last month, Greater Toronto Area Realtors released figures supporting this trend. The group reported at 20.5% drop in condo and apartment sales in the third quarter and average condo selling prices that were largely in line with the year- ago period.
In another sign of cooling market conditions, those buying condos appear to be settling for smaller places as a result of belt tightening.
“The change in the mortgage insurance rules may have forced many buyers to settle for smaller units than they had previously desired,” Ben Myers, Urbanation executive vice president, said in a statement. “The number of resale transactions for units priced over $400,000 fell 40% compared to last quarter, while there was a 38% quarterly drop in units traded over 1,000 (square feet).”
Against this backdrop, the average condo project in which construction has been completed so far in 2012 took 3.85 years from “from sales launch to occupancy,” compared with 2.68 years in 2003, Urbanation notes.
“The share of unsold inventory in Toronto….remains below the 10-year average,” Urbanation said.
That said, the slowdown in new condo sales represents a potential boon for existing owners who want to rent out their places.
“The reduced level of project completions has contributed to a very tight condominium rental market,” Urbanation said.
Source:
Friday, October 26, 2012
Executive House listed in Mississauga with large lot and finished basement
For Sale
$875,000
3107 Seabright Drive Mississauga
3000 Sq.Ft executive detached house in Mississauga. Rare large pool size 150 feet deep lot. Additional approximately 1000 sq.ft builder finished basement. 4 bedrooms and 4 washrooms plus additional 2 bedrooms and 1 full washroom in the basement. 9 Foot ceilings. Main floor features separate living and dinning rooms,study room and laundry room Beautiful Kitchen with upgraded kitchen cabinets, granite counter tops,and high end stainless steel appliances. Second floor features four large bedrooms and three washrooms. Master bedroom with balcony,fireplace, large walk-in closet and en-suite bathroom. Master en-suite comes with jacuzzi , standing shower and yes ! ...... a fireplace!. Builder finished basement with high ceilings. Additional 2 bedrooms and 1 full washroom in the basement. Huge, hard to find 150 feet deep pool size lot ! Close to Schools, Town Centre, Transit and Hospital.
Condo Boom - Toronto Gets Manhattanized
With increasing population and real estate owning dreams and demands of the new age, the growth of condominiums is hardly startling. The current trend in scarcity of single and detached homes is getting reduced day by day.
For families that have once dreamed of owning bungalows of their own have little hopes to cling on seeing the current scenario. The building of town homes and colonies are expected to rise substantially in the coming years. The projections on the market growth of new age condominiums is showing steep rise in terms of their numbers but their prices won’t be any higher than the single houses.
As per the words of the great personality in the area of real estate Brad Lamb, this era is being referred by him as Toronto getting Manhattanized. The idea behind such a title is that buying a house in Manhattan is not even affordable to the people in higher paying services. This phenomenon rules out all the ordinary families from having any say in such markets and leaving them no other option than to choose from the varied choices of flats and apartments available in their budgets.
It is not just Toronto where this phenomenon is getting evolved rather this is the trend that is happening in all the major cities of the world. And as per the experts, this change was quite inevitable and is further fueled by the rising market value of properties. It apparently becomes as true as they truly say that “the first home decision is tougher on the parent’s dime”.
With this new shift in housing option there is a shift in the minds of people of what they will be expecting in the homes they now opt for. They have to change their mindsets about living in free opened spaces having individual garden areas or garages attached in the periphery. In spite they would have to acclimatize to living in densely populated spaces.
“Life can get loud still we could create a quiet environment inside our home” – This is portrayed by the Canadian spirit when it comes to choosing their living options. Currently it’s just an option for those who have got sufficient money but after some years down the line it will be the only accommodation type that a family could possibly get or afford.
Considering this aspect, many local governments are trying their best not to give the market forces the scope to enter and modify the plans of city building. Rather they are seen on being very keen on providing extra incentives to the developers of real estate on building projects that include row houses, bungalows and other such single housing schemes.
source: http://www.agoracosmopolitan.com/news/headline_news/2012/10/26/4673.html
For families that have once dreamed of owning bungalows of their own have little hopes to cling on seeing the current scenario. The building of town homes and colonies are expected to rise substantially in the coming years. The projections on the market growth of new age condominiums is showing steep rise in terms of their numbers but their prices won’t be any higher than the single houses.
As per the words of the great personality in the area of real estate Brad Lamb, this era is being referred by him as Toronto getting Manhattanized. The idea behind such a title is that buying a house in Manhattan is not even affordable to the people in higher paying services. This phenomenon rules out all the ordinary families from having any say in such markets and leaving them no other option than to choose from the varied choices of flats and apartments available in their budgets.
It is not just Toronto where this phenomenon is getting evolved rather this is the trend that is happening in all the major cities of the world. And as per the experts, this change was quite inevitable and is further fueled by the rising market value of properties. It apparently becomes as true as they truly say that “the first home decision is tougher on the parent’s dime”.
With this new shift in housing option there is a shift in the minds of people of what they will be expecting in the homes they now opt for. They have to change their mindsets about living in free opened spaces having individual garden areas or garages attached in the periphery. In spite they would have to acclimatize to living in densely populated spaces.
“Life can get loud still we could create a quiet environment inside our home” – This is portrayed by the Canadian spirit when it comes to choosing their living options. Currently it’s just an option for those who have got sufficient money but after some years down the line it will be the only accommodation type that a family could possibly get or afford.
Considering this aspect, many local governments are trying their best not to give the market forces the scope to enter and modify the plans of city building. Rather they are seen on being very keen on providing extra incentives to the developers of real estate on building projects that include row houses, bungalows and other such single housing schemes.
source: http://www.agoracosmopolitan.com/news/headline_news/2012/10/26/4673.html
Tuesday, July 31, 2012
Thursday, July 26, 2012
Toronto's condo boom won't burst housing bubble: RBC Read more: http://toronto.ctvnews.ca/toronto-s-condo-boom-won-t-burst-housing-bubble-rbc-1.891554#ixzz21kqYaZw9
TORONTO -- A new report wants to burst the idea of a Toronto housing bubble.
Yes, condo sales and construction are booming, but the Royal Bank of Canada report says there is no housing bubble because the city's number of new housing units is in line with demographic needs.
The Greater Toronto Area sees an influx of close to 100,000 people each year.
That translated to approximately 38,000 new households per year from 2006 to 2011, according to RBC and Statistics Canada data in the report.
One constraint to urban development is the Ontario government's plan to handle growth and development in the Greater Golden Horseshoe, which is known as "Places to Grow" and seeks to curb urban sprawl.
Faced with the task of accommodating the 38,000 new households, new housing in Toronto has nowhere to grow but up.
May 2012 saw a record 44,100 condos and apartments under construction, as well as 6,200 multiple units, which are detached and row houses.
The report's findings also aim to quell fears that scores of empty condominiums are piling up.
"Concerns that large numbers of newly built condo units are sitting empty are simply not supported by the statistics," the report, released Tuesday, says.
The report says approximately 7.5 per cent of the condo units completed in the previous 12 months are unoccupied, and estimates that unoccupied units represent close to 0.2 per cent of the stock of multiple units. Both figures are less than numbers from the 1980s when Toronto saw a housing bubble burst.
While investors represent a large share of condo buyers, concerns about property "flipping" might be overblown, the report adds.
Canada Mortgage and Housing Corporation reported last fall that only 10 to 15 per cent of new condos are listed for sale within 12 months of registration.
Tuesday's report says the majority of condo investment properties are actually helping to fill a gap in the rental market.
"The biggest risk that we see for the coming years is a possible mismatch between the types of condo units bought by investors and the types ultimately demanded for occupancy," says the report.
A mismatch could occur with a greater emphasis on small, single-unit apartments when currently about three-quarters of rental demand is for high-rise multi-family units.
However, the report is quick to dismiss these concerns, pointing to the demand for rental units.
The report suggests that recent changes that tightened mortgage rules will push more people into the rental market.
As of last month, the maximum amortization period dropped from 30 to 25 years for government-insured mortgages, and the refinancing limit was capped at 80 per cent down from its previous 85 per cent.
The report notes that while the city saw an 18 per cent increase in condo rental units, the rental vacancy rate dropped to 1.1 per cent last year.
Read more: http://toronto.ctvnews.ca/toronto-s-condo-boom-won-t-burst-housing-bubble-rbc-1.891554#ixzz21kqf7CY1
Sunday, July 15, 2012
2208 - 335 Webb Drive condo for lease
Condo for lease in Sq1 Mississauga
2208 - 335 Webb Drive Mississauga
Large condo for lease
Two Bedrooms
Two Washrooms
Den
$1650 + hydro
Cable, Water, Gas, Central Air Condition, Parking and Locker are included
Saturday, June 30, 2012
For Sale
3076 Mission Hill Drive
Mississauga
$699,900
| Beautiful 'Remington Homes' Built 4 Bedroom Executive Detached House.Prime Location In Popular Mississauga's Churchill Meadows Neighbourhood.True Eye Catcher With Thousands Of Dollars In Upgrades.Situated On Premium Pie Shaped Lot.This House Has Professionally Finished Basement With Fourth Bathroom.Many Upgrades Include Kitchen Cupboards And Trim,Premium Hardwood Flooring,Oak Stairs,Pot Lighting,California Shutters,Upgraded Electrical Fixtures Through Out | |||
| Extras: The House,Aggregate Concrete Leading From The Front Yard All The Way To The House Backyard,Premium Appliances,Updated Front Door,9 Foot Ceilings.This House Is 'Smart Wired' For Internet,Cable,Phone.Schools And Shopping Centre Nearby. |
Additional photos at MyHomeSpace.ca and MyCondoSpace.ca
Tuesday, June 26, 2012
Wide suites two bedroom condominium for sale
$369,900
Beautiful condominium in unique Wide suites condominium in
SQ1. Over 900 sq.ft of living space with large balcony. Superb layout with
large eat-in kitchen with breakfast area. Many upgrades. Two large bedrooms.
Master bedroom has en-suite bathroom and walking closet. This
condominium is on high floor with view of Mississauga SQ1.
The Widesuites lifestyle has got something for everybody,
with an entire floor of indoor amenities and 2 rooftop terraces. You can work
out in the WSpa, sharpen your skills in the billiards room, catch the big game
on the big screen in the theatre, or snuggle up with a good book in the library
lounge. There’s also a party room and a conference room for get-togethers. The
best place for any social gathering at Widesuites is on the 6th floor roof
deck. This oasis is a true haven above the city. It will feature a glittering
indoor pool, lush landscaping, and barbecues for the ultimate pool party. For a
more intimate setting, just travel up to the WSkylounge for an awe-inspiring
look at the city and beyond.For more info please contact me directly at 416-399-7555 or visit myhomespace.ca or mycondospace.ca
Friday, June 15, 2012
An artist's rendering of the Absolute Towers, a residential condo project in Mississauga. The towers have been named the Best Tall Buildings in the Americas by a Chicago-based group.
SUPPLIED PHOTO
A pair of voluptuous Mississauga condo towers is now in league with Hollywood’s most famous blonde — as well as the world’s best new skyscrapers.
The Absolute Towers, the first nicknamed the “Marilyn Monroe,” were awarded the prize of Best Tall Buildings in the Americas on Wednesday.
The Chicago-based Council on Tall Buildings and Urban Habitat, a non-profit group of architects and engineers, awarded the title.
Other winners included a Sydney skyscraper with a sunlit, roof-top atrium, a 40-storey “piazza” in Italy, and a tower in Abu Dhabi with a façade that rotates with the movement of the sun.
The two Mississauga buildings, 50 storeys and 56 storeys each, are part of a five-building development off Hurontario St. and Burnhamthorpe Rd.
Their undulating shape is the design of young Beijing-based architect, Ma Yansong, and his firm, MAD Architects. Ma entered an international design competition hosted by the tower’s developers Fernbrook Homes and Cityzen, and was awarded the project in 2006.
In Toronto, Burka Architects designed the interiors alongside engineering firm Sigmund Soudak & Associates.
The building represented constant challenges. In most towers, all but two of the floors are exactly the same, said engineer Yury Gelman. In this building, none of them were.
For Gelman, this created the most challenging project of his almost 40-year career – and one of the most exciting.
“I remember when it started, I couldn’t sleep, because I was afraid we wouldn’t get it,” he said. “And then we got it, I couldn’t sleep, because I was wondering how we would solve these structural problems.”
But he knew from the beginning that they would be “extraordinary.”
The buildings are expected to be fully built by August. Only the penthouses and executive suites still need to be finished, said Stacey Stewart, a high-rise sales representative with Fernbrook. Most of the residents have already moved in.
The shape has translated to attention, and buyers, from home and abroad.
“We get people commenting all the time,” said Stewart.
Buyers have come from around the world, particularly Dubai. They have a taste for eye-catching high-rises, she says, and they “appreciate” the building’s style.
Such a high profile may seem surprising for a suburban condo project, but Kevin Brass, public affairs manager for the Council, says the towers are in step with global trends.
“There’s been a more fundamental shift,” he said. “In the past, towers were almost universally office towers, and they were icons for companies.”
In 2000, 85 of the 100 tallest buildings were offices, he said. In 2012, the number expected to drop to 41.
In place of cubicles, high-rises host homes and hotels. They’re expected to be functional, not just fancy, he said, and there’s an emphasis on efficiency and quality of life.
Brass said the tower’s address is also part of a regional shift. While skyscrapers are surging in numbers in Asia and the Middle East, in North America, the building boom has slowed.
Instead of big urban centres, new towers tend to be in younger, smaller cities like Mississauga, he said. These building can gives a city a sense of identity while packing a visual punch.
As a result, the jury tries to be “location agnostic”, considering the best work, no matter where it’s from.
“Nobody was making Mississauga jokes,” he said with a laugh.
But the movie-star comparisons certainly don’t hurt. And Yury Gelman, the structural engineer who worked on the buildings, says they’re well deserved.
“It is Marilyn Monroe,” he said, his voice inflected with pride. “It looks like her.”
source:http://www.thestar.com
Wednesday, June 13, 2012
Canada’s housing market still outshines rest of world
TORONTO — Canadian housing market conditions have cooled slightly, with prices down nearly 2% in the first-quarter, but the country continues to outperform other developed nations, according to a new Scotiabank real estate report.
The latest Scotiabank Global Real Estate Trends report released Wednesday found that the inflation-adjusted national average home price fell by 1.6% in the first quarter of 2012 compared to the same period of 2011.
That compared with a 1.3 inflation-adjusted year-over-year gain in the fourth quarter of 2011.
Canada’s housing market remains an outperformer among developed nations, but conditions have cooled here as well, according to Scotiabank economist Adrienne Warren.
“Price trends are relatively steady in the majority of local markets, though a few, notably Toronto, continue to report strong appreciation,” Warren writes in the report, released Wednesday.
Jonathon Rivait/National Post
Demand has cooled due to moderate income growth and tighter mortgage insurance rules. In addition, there are more houses up for sale in most parts of the country.
Scotiabank said it expects the number of sales and average prices will be flat in the latter half of 2012.
By comparison, it found global property markets remain under stress, especially in recession-plagued European countries. Ireland saw prices fall a whopping 18.9% and prices in Spain, which has experienced a housing crash, fell 9.1% year-over-year.
Over the weekend, eurozone finance ministers offered to make $100 billion available to Spain to revive banks crushed by bad real estate loans. However, market reaction suggests many observers didn’t feel the relief was enough.
Most countries covered by the Scotiabank report saw prices decline during the quarter.
“The intensifying eurozone debt crisis, increasing financial market strains and moderating global growth suggests there is more downside risk to property prices in the near-term,” Warren said.
“Eventually, however, improved housing affordability and pent-up demand will put many of these markets on a firmer footing.”
Scotiabank projects that the era of ultra-low borrowing costs will continue in most developed economies, while many developing economies are moving to reverse prior hikes.
The latest figures on Canada’s housing market from the Canadian Real Estate Association are due Friday, measuring the strength of sales and prices in May.
In April, the average home price in Canada was up 0.9% from a year ago at $375,810, while sales on a year-over-year basis were 49,480, up 11.5% from 44,370 a year ago, CREA said.
Continued strength in the housing market, largely due to the staying power of low interest rates, has led some economists to warn the market is overvalued. That could make homeowners vulnerable to a downturn, especially those who have used low interest rates to borrow more than they could otherwise afford.
A report released earlier this week by the Toronto-Dominion banking group projected Vancouver and Toronto home prices will probably experience a downturn of about 15% in two to three years, but not the dramatic drop that hit the United States a few years ago.
The Bank of Canada and federal Finance Minister Jim Flaherty recently stepped up their warnings to Canadians to moderate borrowing on real estate, declaring household debt to be the domestic economy’s number one enemy.
source: National Post
Saturday, June 9, 2012
wyndham place oakville
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A luxury condominium residence architecturally inspired by Frank Lloyd Wright.
Wyndham Place's style begins with VANDYK's Signature Exterior Finishes, and is eloquently expressed in the building's soaring stone columns and stone veneer, complemented by colour-coordinated stucco and accent siding. Windows are everywhere, with the façade incorporating a pleasing mix of maintenance-free double thermal glazed vinyl casement windows and sliding glass doors throughout. The focal point of it all is the cantilevered porte-cochère entrance that shelters you and your guests upon your arrival.
windows on the green condominiums
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Park 570 condominiums
Friday, May 25, 2012
Widesuite two bedroom condo for lease
208 Enfield Place Mississauga
$1650
Available July 1st !
Widesuite Condominium In
Central Mississauga.High Floor Condo With Good,Practical Split Layout.Over 900
Sq.Ft Of Living Space.Large Balcony And Two Good Size Bedrooms.Master Bedroom
Has Walk-In Closet And 4Pc Ensuite Bath.Enjoy Large Eat-In Kitchen With
Breakfast Area,Granite Countertops And Stainless Steel Appliances.Walk-Out To
The Balcony From Living Room And Second Bedroom.Convenient Ensute Washer And
Dryer.This Condominium Is Leased With Parking & Locker
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Extras: Enjoy Secondf Floor Recreation
Centre,Roof Terrace And Sixth Floor Spa With Indoor Pool,Sauna,Whirlpool And
Much More.Excellent Location With Walking Distance To Sq1 Shopping
Centre,Library,Rec Centre And More.Major Highways Minutes Away.
|
Tuesday, March 27, 2012
Lago condominiums at the Waterfront!
Prices start from $199,990*
up to $25,000 off* the purchase price
LAGO SUITE FEATURES:
- 9' Ceilings in principal rooms
- Choice of strip laminate flooring, throughout living rooms*, dining rooms*, hallways, foyer, kitchen* and dens*
- Main or en-suite Bathroom choice of marble or porcelain floor tile
- Complete brand name, stainless steel appliance package
- Choice of granite or composite quartz kitchen counter top with square edge from Vendors selection of standard samples
- 5" wood baseboards with coordinating door casings
- Kitchen cabinets offering horizontal awning style extended heights uppers in applicable suites
- Choice of ceramic tile or porcelain tile back splash in range of colour and styles from vendors selection of standard samples
Location: Etobicoke Waterfront
Unit sizes: from 420 to 1401 SQ.FT
Completion date:December 2016
Toronto high-rise condo sales slide 59% from last year
Builders call it “stability” in the housing market but sales in Toronto’s high-rise market, which includes the volatile condominium sector, saw a 59% decline in sales from a year ago.
“After a record-breaking sales year in 2011, it would appear that the [greater Toronto area] new housing market is easing back into stability in early 2012,” says the Building Industry and Land Development Association in a release.
How much is it easing? For the first two months of the year RealNet Canada Inc. there were 1,633 high-rise sales compared to 3,348 a year earlier. On the flip side low-rise sales are making a slight comeback. There were 2,818 low-rise sales over the first two months of the year compared to 2,571 a year earlier.
Source: financialpost.com
Source: financialpost.com
Monday, February 13, 2012
one bedroom townhouse for lease in Mississauga
For lease
Beautiful one bedroom townhouse with garage and front patio in West
Mississauga. [Eglinton and Winston Churchill area]. Newer townhouse complex. Stainless
steel appliances, laminate flooring, nicely painted and decorated. Quiet
street. Walking distance to Erin Mills Town Centre. Minutes from highway 407 and 403. $1300 plus
utilities.Available end of April. Miniumum one year lease. For showings please contact me
directly.
1124 Houston Drive Milton is sold
Derry/Thomas, Milton - The 2 story at 1124 Houston Drive has been sold.
Just sold 31-5050 Intrepid Price !
Eglinton/Ninth Line, Mississauga - The stacked condo townhouse at 31-5050 Intrepid Drive has been sold.
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