Real estate markets are driven by certainty and Toronto currently is in a time of uncertainty. With more changes to interest rates, inventory levels, tariffs and the economy, the Toronto Real Estate Market has become more complex and unpredictable than in the past.
If you are looking to sell or buy a Yorkville condo in today’s market it’s essential to work with a real estate specialist who has many years of experience selling real estate in the Yorkville area. Specifically, a seasoned agent with extensive knowledge and expertise to help you navigate the challenges of a constantly changing and less predictable real estate market.
I have been actively working as a full-time real estate agent helping buyers and sellers in the Yorkville neighbourhood for over 30 years. Yorkville has the highest concentration of luxury condo buildings in Toronto. My deep building-by-building understanding takes into account unit floor plans, building design, management and condo building reputation. Keeping a close eye on the market is essential. I am constantly monitoring the new, just listed condos coming up for sale as well as crunching the numbers on each suite sold and monitoring the sold price/sq ft in every Yorkville condo building. That data is plugged into the quarterly Yorkville Condo Sales Market Report . This ensures my clients benefit from both my long-term insight and current market data.
As a Yorkville condo specialist, I also pay close attention to units that have sold exclusively off market (not posted on realtor.ca) in the different Yorkville buildings. Through my brokerage and my network of relationships with other agents at other brokerages I stay apprised of whisper listings or off-market opportunities of units for sale that are not posted on the MLS. These off-market private sales provide important insight beyond the public sold prices one can find on-line.
In guiding my clients, my approach is hands-on. I work directly with my clients rather than assign them to a team member. When I work with buyers, my role is that of a consultant to educate you about the market to help you find the right condo building that fits your lifestyle and ensures that you will make a well-informed purchase that will appreciate over time.
Similarly, when working with sellers its about understanding what makes your home and the condo building you live in unique, identifying the target market of ideal buyers for your unit and setting realistic expectations for timing and value ensuring the successful sale of your unit at the highest price.
My many years of experience has allowed me to hone my strong negotiation skills ensuring my clients always come first and get the best deal possible.
But identifying a highly qualified real estate agent is only half of the equation. It’s also important consider the real estate brokerage behind the agent. In the past year Toronto has seen some disruption with some more novel brokerages dissolving through no fault of their agents but rather due to the brokerage accessing consumers' real estate deposits and using the funds to pay operational expenses which is strictly illegal.
I work under the umbrella of Chestnut Park Real Estate Limited Brokerage, a full-service brokerage that has been in operation for over thirty-five years as a careful steward of real estate transactions. Deposits are held in a regulated trust account that cannot be accessed for brokerage use, and Chestnut Park has strict internal controls and reconciliation procedures to ensure those funds remain protected at all times.
Like other brokerages Chestnut Park has a fully stocked marketing department, but it is also uniquely positioned as the only real estate brokerage in Toronto with its own in-house legal department safeguarding every deal by staying up-to-date on shifting laws and identifying any potential legal risks before they arise. In practical terms this means that if a more complex issue arises in the real estate process, I have immediate access to a Chestnut Park lawyer for legal interpretation and clarification.
The ultimate hedge against the uncertainty in Toronto’s Real Estate Market is to retain a seasoned, knowledgeable and experienced real estate agent backed by a rock-solid, full-service real estate brokerage.
Thinking about making a move? Let's connect
Victoria Boscariol Realtor®
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