Here is the information you need to get an idea of what is happening in Condos and Townhomes in Etobicoke.
Etobicoke is divided into 5 districts starting at Lake Ontario all the way up to Steeles Avenue. They number as W6,7,8,9 and 10. I have maps on my newsletter at the home site to show you the borders of each district.
W6 stats from the Lake and goes north to the QEW.
The market is divided into three categories that are the types of Condos. Agents list them as Condo apartments, Condo Townhomes and Freeholds (not a Condo) but similar in concept. The difference between these Condos and freeholds lies in the Maintenance fees and the Insurance premiums primarily. 
I have found is that maintenance fees must be voted on by the board of directors and then the owners must ratify any increase. Normally, maintenance fees would only go up by 1 to 5% at about the most.
With the newer complexes they are fixed for the first 3 years and then escalate very slowly. The status certificate is a document that shows current and future budgets and will indicate any potential increase in maintenance fees over the next year and sometimes longer. Just depends on the range of the future budget.
Low maintenance fees would be in the range of about $90 to $175. I would think that higher maintenance fees are in the range of $250 and up. There are many complexes in Etobicoke and surrounding areas that have low maintenance fees.
Also, the maintenance fee covers grass cutting, snow shoveling, garbage removal, common area lighting etc. Most important it covers your building insurance. Thus, you require less property insurance as you only need to insure your contents. I would say that you would save about $200 from your insurance premium in a condo townhouse versus a freehold townhouse, maybe more.
Now in W07 15 Condo Apartment sold , 6 1bed, 8 2bed and 1 3bed for an average sold price of $330,167. On average it took 40 days to sell them.
1 Condo Townhouses Sold 1 3 bedroom for $310,000 taking 114 DOM(days on market).
5 freeholds sold all five were 3 bedrooms averaging a sold price of 477,400. DOM 34.
If you have any questions or comments please feel free to contact me. If you would like this information on your area or district in Etobicoke please reply and I will send it to you. How's that?
In Etobicoke here is the sales of the type of home sold in your neighbourhood. W06 is South Etobicoke.
It goes from the Lkae up to the QEW (Queen Elizabeths Highway).
W07 is QEW to Bloor, W08 is Bloor north to Eglinton, W09 is Eglinton to the 401 and W10 is 401 north to Steeles.
| W06 | Solds | Bedrooms | Average Price | DOM |
| 2-3storey | 8 | 3-4bed | 432,750 | 13 |
| 5-3bed | ||||
| 1 1/2 storey | 4 | 2-2bed | 365,500 | 16 |
| 2-3bed | ||||
| Bungalows | 8 | 5-3bed | 345,125 | 25 |
| 3-2bed | ||||
| Semi-detached | 2 | 2-4bed | 472,500 | 113 |
| Total | 22 |
For a complete report on all the other areas of Etobicoke go to: http://www.etobicokehomes4sale.com/newsletter/Etobicoke-Real-Estate-Newsletter-March-2009.htm . There you will see Price ranges, average days on market and all the market indicators for you to make the right decision for todays market.
Theres a lovely neighbourhood in Canada where Queen Elizabeths sister Princess Margaret travelled to to open an elementary Public school in her name. The school now a Montessori is of course named Princess Margaret Public School.
On a very stately day the Rolls Royce accompanied by an entourage of vehicles pulled right up onto the playground where we had all congregated. All the children and their parents and many other interested parties gathered to get their close up view of the Monarchy. As gracious as one would expect the Princess dressed in a green suit with the hat to match spoke to us for what seemed a brief moment in time and left us with a special lifetime memory that the children and many of the people in attendance will never forget. Our little patch of a neighbourhood of all in the British commonwealth was visited by a Princess for the re-opening of one of our schools. This little patch of a neighbourhood also featured our Prime Minister Stephen Harper visit to the re-union of another one of our schools John G. Althouse where he was an alumni.
The neighbourhood is Princess Gardens bordered by Martingrove Rd to the west and Kipling Avenue to the east, Eglinton Ave to the North and Rathburn to the south (all very British names). Here is a look of what this neighbourhood is like.
http://www.realestateshows.com/191072
Since this video was made there has been a change to the grocery store for the neighbourhood. Instead of the Dominion it is now called Metro.
Where are the hot properties in this crazed market?
Well if you decifer the December statistics and are looking for detached homes north of Eglinton to the 401, 11 of 37 sold with an average price of $434,000. That is the W09 district.
If looking to buy or sell a Condo Apartment in Etobicoke 15 sales out of 51 listings sold in the same area but this average price is in the $125,000 range.
For Condo Townhouses the hottest market was south of Eglinton to Burnhamthorpe(W08) where 4 out of 10 listings sold in the lower price ranges of $250-260,000.
The average length of time for a sale is in the 34 days on market range. In W07 QEW north to Bloor area it was the lowest at 27 days average.
Power of Sales listings have surged with all the Banks tightening their belts apparently. Last year at this time a random search of Bank sales would offer up 5-10 listings . Now that has jumped to four to five times that number currently. This includes condos, commercial and detached homes.
With the interest rates at all time lows this is the opportunity you've been waiting for. You can buy properties for 10 to 20% less than a year ago. If you intend to fix and flip quickly to keep carrying costs at a minimum and get on the Spring market any one of the above markets are showing good activity. In some cases due to the weather and this slower current market there is still a substantial yet smaller profit available.
This months websites to check out the best way to organize your emails, videos,social networking with your desktop, laptop, mobile device would be dimdim.com and zenbe.com. Google them if the link is not working.
Happy Hunting!
Its time to get the family out for a skate or play some shinny with your friends. Here is the link to find out when 
and where.
http://cityrinks.ca/wiki/wiki.php?n=ButtonwoodRink.FrontPage
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