Vik Tomar Realtor

07/20/2024

Listed For: $699,000.00

3 Farnham Dr, Brampton, ON L6X 4H7

Virtual Tour: https://vtours.fwaccurate.ca/3farnhamdr/

The beautifully renovated 3+1-bedroom and 4-bathroom townhouse is located in a tranquil neighborhood. Ideal for first-time home buyers. This home is well-maintained in a fantastic complex. The main floor boasts a well-designed open-concept layout with a bright and spacious kitchen and pot lights. It features laminate floors all over the house. A master bedroom with an ensuite bathroom and walk-in closet. The basement features one bedroom, 3 piece bathroom, large recreation room with a Kitchenette. Thousands were spent on upgrades. Close To Schools, Parks, Transit, many Shopping Plazas And Much More.

08/20/2023

Rising interest rates a factor as new homes sales dip in GTA: BILD
Contact me to discuss the latest scoop in real estate!

The Building Industry and Land Development Association (BILD) reported that new home sales in the Greater Toronto Area (GTA) were up 32 percent from June 2022, but still 30 percent below the 10-year average. This is due to the Bank of Canada's series of interest rate hikes, which have caused prospec...

08/07/2023

Toronto Condo Segment Tightens In Q2 As Rents Outpace Inflation
Contact me to discuss the latest scoop in real estate!

In the second quarter of 2023, Toronto's condo market saw an increase in sales of 20% year-over-year, but a decrease in new listings of 13%. The average selling price of condos in the GTA was down 4.2%, and the rental market was extremely competitive. Average condo apartment rents rose, with a 11.6%...

08/01/2023

Toronto's downtown core is in major trouble as office vacancy rate soars
Contact me to discuss the latest scoop in real estate!

Toronto companies are increasingly opting for hybrid work models, leaving many office spaces vacant throughout the week. According to a report by CBRE, the national office vacancy rate has risen to 18.1 per cent - the highest level seen since 1994. There is now 17 million square feet of vacant offic...

07/24/2023

Time Needed to Save for a Home Around Canada

Vik Tomar is a real estate agent with EXP REALTY. Check out Vik Tomar's listings or office listings.

07/23/2023

Toronto's housing market has cooled down significantly this summer but we'll see if it lasts
Contact me to discuss the latest scoop in real estate!

In the GTA, summer has triggered a lull in the resale real estate market, with condo sales dropping 27% and house sales dropping 20% from May to June. Prices have decreased for condos, while houses remain high at an average of $1,385,000. Strata.ca sales representative Janelle Tremblett advises woul...

06/27/2023

Find out if it's time to sell your home
How much is your home worth? Type your property address and get a quick home estimate.

How much is your home worth? Type your property address and get a quick home estimate.

06/19/2023

How Did Toronto Housing Market Perform in Mid-Spring?

Vik Tomar is a real estate agent with EXP REALTY. Check out Vik Tomar's listings or office listings.

06/18/2023

Toronto’s Reside Condos receives zoning approval •
RENX

• Real Estate News Exchange
Contact me to discuss the latest scoop in real estate!

Originate Developments and Harlo Capital have received zoning approval for an 18-storey mixed-use residential condominium at the corner of Bathurst and Richmond Streets in Toronto. Originate was founded in 2017 and Harlo is a private equity company that invests in real estate developments. The Resid...

06/10/2023

Toronto rental and housing scams are becoming a huge problem
Contact me to discuss the latest scoop in real estate!

Toronto Police are warning the public of an increase in rental and housing scams in the Toronto and cottage country areas. Cem Devrim Turetken, 49, is the latest suspect police are seeking in relation to a string of similar scams where fraudsters rent or even sell homes they do not own. Police urge....