Ghosh, Ordinary Guy, Extraordinary Service

May 2023 Real Estate Market Report

GTA Real Estate News

Rent, mortgage interest helped drive inflation higher in April: Statistics Canada

A report by RBC Economics says shelter was the largest contributor to headline inflation in April, accounting for a third of the growth.

Read the article here

Average home price in April was $716,000, up nearly $100K in three months: CREA

National home sales jumped by 11.3 per cent between March and April as the real estate market picked up again, but supply remained at a 20 year-low, says the Canadian Real Estate Association.

Read the article here

Tiff Macklem stresses need for vigilance, points to household debt as key risk in Canada's financial system

The Bank of Canada highlighted early signs of financial stress among Canadian households as one of the key risks in the financial system. The unprecedented increase in interest rates has raised the costs for households, a vulnerability if a recession were to occur.

Read the article here

Have Canadian real estate prices bottomed out?

Prices in major real estate markets across Canada appear to have bottomed out last month as affordability issues persist, according to a report from RBC Economics.

Read the article here

April 2023 Housing Market Charts Available

A series of charts summarizing key residential statistics for the GTA, including an affordability indicator and time series for price, new listings and sales.

Read the article here

Market Stats - Quick Overview - May 2023

Read Details Here

Available Now - For Sale

Springwater, Near Barrie

LOT 282 CALYPSO AVE

Assignment Sale - $1,539,000

Rarely-Found 4 BR + 4 WR Detached House

With W/O Basement

Springwater

Available Now - For Lease

Vaughan

38 Honeycrisp Cres

Never lived in!!

Brand new studio apartment

in Mobilio East tower by Menkes

 

Vaughan

Leased!!

Mississauga

Tucana

4450 Tucana Cr

Two Bedroom Condo + Den/ Solarium

 

Brampton

Lorne

Lorne Crt - Lower

2-Bedroom unit on a Quiet Cul-De-Sac Street.

Mississauga

5055 Heatherleigh Ave

3 + 1 BR Condo Townhouse

 

Heatherleigh
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What My Clients Are Saying

Dr. Serge L.

I have known Mr. Ghosh for approximately 5 years. Recently, my wife and I were looking for a new home and approached Indranil for assistance with the search. We found him to be extremely helpful, courteous and considerate throughout the entire process. He spent time with us getting to know our housing needs, desires and budget. He searched for the type of property we were hoping for and could afford, then immediately sent us the listings.

We were able to select the ones we were interested in and he promptly arranged viewing times. We were able to save time, energy and frustration.

In the end, Indranil showed himself to be not only highly professional, but also refreshingly honest and selfless in helping us make our final decision, even if it was less commission for him.

Upcoming Preconstruction Projects

Toronto

The Bluff Residences 

Starting in the High 400's 

Occupancy - 2027

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Bluffs

Etobicoke

Kipling Station Condos 

From The High $400’s

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Kipling

Mississauga

COMING SOON

The Kith Condos 

At  Erin Mills Mississauga

Kith

Guelph - North End

Marquis Townhomes

Starting From $587,000

Occupancy - September 2024 

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Guelph

Cambridge

Vineyard Townhomes

Closing April 2024

Price from High 700s

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Cambridge

London

Detached Homes in Summerside

From $700s

Closing  6 Months

Summerside

London

Detached Homes in North London

From $800s

Closing - 6-9 Months

North Ldn

London

Black Cedar

1863 DALMAGARRY Road

Low 600s

2 or 3 bedroom, 2.5 bathrooms

Closing Early 2024

London

White Oak

1861 DALMAGARRY Road

Mid 600s

3 bedroom, 2.5 bathrooms

Closing Early 2024

London

Willow

6635 ROYAL MAGNOLIA Ave

High 600s

3 bedrooms, 2.5 bathrooms

Closing Fall 2023

London

Lismer

4255 LISMER Lane

Low 600s

London

Kennington

303 KENNINGTON Wa

High 600s

London

Northwoods

LOT 180 NORTHWOODS Avenue

Low 600s

Ottawa

Caivan Towns & Detached

Starting from the High $600s

Across Ottawa in The Ridge, Barrhaven and Fox Run, Richmond Village
Closings from June 2024 to September 2024

Ottawa
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Available Assignment Sales

Mississauga

DANIELS OMG 2

1 Bed Condo @ Steeles & Mississauga Rd

Price $630,000

Closing July - August 2023

Daniels

Kingston

DETACHED HOUSE

4 Bed & 2.5 Bath

Closing 60-90 days

Kingston

Cambridge

1500 sq ft Townhouse 

Price $725000

Closing October 2023

Cambridge

$65 Discount - 1-800-GOT-JUNK

1-800-GOT-JUNK

Get a special $65 discount on full-service Junk Removal. 

Call me for details!

(647) 404-9471

Investment Opportunities

Are you looking to invest in bank owned, estate properties, fixer uppers, cash flow properties, and power of sale properties?

I have access to properties across the GTA.

Brampton - Mississauga - Halton - Hamilton - Toronto - Durham - York

omyGhosh, Just call me. I can help.
(647) 404-9471

Chuckle

Until next time...

omyGhosh, (647) 404-9471

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