Team Dhingra Real Estate

💫 THE RIGHT ONE WILL COME ALONG 💫

This spring, the Toronto real estate market picked up significantly after the Bank of Canada decided to stop increasing interest rates in March of 2023. The result was a flurry of buyer demand and activity, causing multiple offers and bidding wars.

Our young professional clients rode the waves of showings, several offers, and some disappointments along the way. One of which included losing in a bidding war on a property with 30 other offers!

While the April, May, and June markets were in a frenzy, the buyer demand cooled off in July due to further Bank of Canada interest rate hikes. Fortunately, we had secured a mortgage pre-approval that was valid until August for our clients.

The sellers who were seeing bidding wars in the spring market, were now not getting the prices, offers and bidding wars they were expecting. Thanks to our patience, mixed in with a bit of luck, our clients were able to secure this beautiful 2 bedroom, 2 bathroom condo in the Fort York area for $75,000 under the asking price 🥂🥳

The condo features panoramic views of the sunset, Lake Ontario and the CN Tower. With floor-to-ceiling windows, a large balcony with 3 walk-outs, and an upgraded chef’s kitchen 🤩 We are so happy knowing our clients will love to host and entertain in their new home.

If you or anyone you know wants expert real estate advice, we’re happy to help! 🙂

🔥 SOLD 🔥

Congrats to our clients for purchasing 40 Westray Cres in Ajax 🥂🥳

This tribute-built energy star home is situated in one of the most desirable north Ajax communities! This spacious and bright house has an open concept layout and features 3 bedrooms, 1 den, three washrooms, a large foyer, a large eat-in kitchen, and a private backyard oasis with a 4-person saltwater arctic spa.

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Details:

🛏 3 +1 Bedrooms
🛁 3 washrooms
🚙 2 Parking
💰 $ 870,000
📍 40 Westray Cres, Ajax

If you or anyone you know who is looking to purchase or sell or have any questions, we’ll be happy to help you! Just send us a DM or email us at: [email protected]

🔥 SOLD 🔥

Congrats to our clients for purchasing 40 Westray Cres in Ajax 🥂🥳

This tribute-built energy star home is situated in one of the most desirable north Ajax communities! This spacious and bright house has an open concept layout and features 3 bedrooms, 1 den, three washrooms, a large foyer, a large eat-in kitchen, and a private backyard oasis with a 4-person saltwater arctic spa.

---------
Details:

🛏 3 +1 Bedrooms
🛁 3 washrooms
🚙 2 Parking
💰 $ 870,000
📍 40 Westray Cres, Ajax

If you or anyone you know who is looking to purchase or sell or have any questions, we’ll be happy to help you! Just send us a DM or email us at: [email protected]

🔥 CASE STUDY 🔥

Congrats to our clients for selling their townhome at 26 Douro in the King West area of downtown Toronto. Sometimes you have to sell - whether due to a work relocation, higher variable interest rate monthly costs, separation, upsizing, or a need for more space if you’re growing your family.

Our clients came to us upon referral. They had a difficult experience in purchasing the property with their previous realtor, and wanted to upgrade their realtor. It’s surprising how often we hear this and are lucky to receive referrals from our past clients.

They had to sell, and had a certain number in mind. Due to the high interest rate market, we have been seeing less interested buyers, showings and offers across the board. Affordability and mortgage qualification continue to plague the market.

Despite these circumstances, we were able to get a great price, and one that was higher than a recent comparable sale. The sellers are happy, and so are we!

Do you know someone looking to buy or sell in the next 90 days? We are happy to help!