Luxury Market Report | Fall 2023 by BarryCohenHomesIncBrokerage

Luxury Market Report FALL 2023 OUTLOOK

ARCHITECTURALLY SIGNIFICANT MODERN RESIDENCE ON EXCLUSIVE FOREST HEIGHTS | Offered at $8,880,000

COHEN H O M E S & E S TAT E S

Luxury Market Report FALL 2023 OUTLOOK

Market Commentary by Barry Cohen ........... 4 Recent Notable Sales ........... 6 Featured Estates ........... 7 The Greater Toronto Area’s Top Luxury Markets Bridle Path-Sunnybrook-York Mills, St. Andrews-Windﬁelds-Hoggs Hollow (C12) ..........8 Forest Hill South, Humewood-Cedarvale (C03) ........10 Yonge-St. Clair, Annex, Casa Loma (C02) ......... 12 Leaside (C11) ......... 13 Bedford Park, Lawrence Park, Lytton Park, Forest Hill North (C04) ........ 14 Rosedale, Moore Park (C09) ........ 16 Banbury-Don Mills (C13) ......... 17 Luxury Condominiums (GTA) ........ 18 Featured Homes | Central Toronto ....... 19 Featured Homes | North Of Toronto ....... 20 Forbes Global Properties | Unmatched Exposure ........ 21

4 1 6 . 2 2 3 . 1 8 1 8 | w w w. B A R R YC O H E N H O M E S . c o m

REALTRON BARRY COHEN HOMES INC., BROKERAGE Barry Cohen Homes ™. Each office independently owned and operated. Not intended to solicit buyers or sellers currently under contract with another brokerage.

Market Commentary by Barry Cohen Buyers returned to the GTA’s luxury markets in the second quarter and summer, sparking an uptick in sales over multiple price points including the uber-luxe segment Strong demand, lots of showings, an upswing in sales and a bit of caution. That, in a nutshell, has characterized the past several months of homebuying activity at the top end of the market. After a tepid start to the year, the luxury market came alive in April and has maintained a relatively steady pace through to the end of July. Sales over $3 million have climbed more than seven per cent since April, with more than 660 freehold and condominium properties changing hands, compared to year-ago levels for the same period. Uber-luxe sales over $7.5 million have increased similarly between April and July, with sales up more than four per cent over year-ago levels. Yes, year-to-date sales are down from 2022’s heady pace, with sales over the $2 million price point declining 36 per cent to 4,797 units. Yet, recent performance shows that there is a light at the end of tunnel. Several bright spots have emerged in our analysis of freehold sales in individual neighbourhoods, including a year-to-date increase in the number of homes sold at $2 million plus in Humewood-Cedarvale (15.8 per cent); a 6.3 per cent uptick in Forest Hill North; a close to 16 per cent jump at the $3 million price point in Bedford Park-Nortown; and a bump in homebuying activity over the $5 million and $7.5 million price points in RosedaleMoore Park between January and July, compared to year-ago levels for the same period.

BARRY COHEN President & Broker

Luxury condominium sales across the GTA have been particularly strong in the first seven months of the year, an increase at both the $2 million and $5 million plus price points, rising 4.3 per cent and 57.1 per cent respectively.

Luxury Freehold/Condominium Sales in the Greater Toronto Area January 1st, 2023 to July 31st, 2023

2023

2022

% Change

$2 million plus

3,168

4,953

-36.04%

$3 million plus

932

1,320

-29.39%

$5 million plus

141

214

-34.11%

$7.5 million plus

-31.25%

$10 million plus

-50.00%

Source: Barry Cohen Homes, Toronto Regional Real Estate Board (TRREB), Market Watch

Cautious optimism has set in, with some buyers believing that the worst is likely is behind us. Those with rate holds have been active throughout the summer months, and the trend is likely to continue as their window of opportunity draws to a close. Step-up buyers,

INSIDE COVER

those moving from condominium apartments or towns,

123 Forest Heights Boulevard

continue to make their moves to semi-detached or detached homes in the $2 million to $3 million range. While activity has dwindled in recent weeks – typical for this time of the year for families with children – the market is poised to resume its steady pace in September as pent-up demand builds and sticker shock subsides. Supply remains the greatest challenge, particularly in the central core of the city. Few properties are listed for sale at present, and while inventory is expected to improve come September, average prices remain strong, with at least five neighbourhoods reporting year-over-year increases over the $2 million price point, including Casa Loma, Bedford Park-Nortown, Lawrence Park North, Rosedale-Moore Park, and Banbury-Don Mills. With both the $2 million to $3 million price point and uber-luxe over $7.5 million experiencing upward momentum, the missing middle is expected to materialize in the second half of the year as the ripple effect takes hold. Moveup buyers, encouraged by lower overall housing values, should venture back into the GTA housing market the coming months, bolstering homebuying activity for the remainder of the year. From an economic perspective, performance remains relatively sound considering the high interest rate environment. GDP growth was strong out of the gate in the first quarter, up by 0.8 per cent, which translates into 3.1 per cent on an annual basis. The Canadian economy has since slowed in response to the Bank of Canada’s continuing commitment to quantitative tightening, especially after the two back-to-back increases of .25 basis points brought the overnight interest rate to 5 per cent. Immigration is expected to continue to contribute to economic growth for the remainder of the year, but gains are likely to be offset by declines in other sectors. While on the printing press, we learned that the Bank of Canada has chosen to pause interest rate hikes, which will be welcomed by buyers. Unfortunately, we also learned that the Toronto City Council approved increases to the municipal land transfer tax on sales over $3,000,000 in 2024. As a result, the fall market is expected to be exceptionally active in the core, with strong demand and limited supply placing upward pressure on housing values. Much of the activity will be influenced by an increase in buyer confidence, in large part due to the interest rate pause, while the remainder will be driven by buyers who are trying to pre-emptively avoid the higher municipal land transfer tax effective in the new year. Next year, however, will be less robust, with a significant decline in homebuying activity in the high-end market in 2024 as people adjust to the new tax rate. With so many mixed signals, the knowledge and expertise of an experienced real estate professional can go a long way in helping buyers and sellers navigate current housing market conditions. Whether you’re considering listing your home for sale or would like to move-up or downsize to a new home, my team is ready, willing and able to help. We’re never too busy to talk real estate. All the best,

Barry Cohen 5

ESTATES

Recent Notable Sales

SOLD | 33 Blyth Hill Road

SOLD | 227 Strathallan Wood Represented the buyer

SOLD | 94 Cortleigh Boulevard Represented both the seller & buyer

SOLD | 253 Dunvegan Road Sold for full price!

SOLD | 46 Teddington Park Represented the buyer

SOLD | 299 Russell Hill Road Represented both the seller & buyer

Featured Estates

RESDESIGNED ON HIGHLAND CRES Offered at $7,995,000

LUXURY & PRIVACY ON FIFESHIRE ROAD Offered at $10,000,000

NEW LAWRENCE PARK TRANSITIONAL Offered at $11,350,000

LAWRENCE PARK GEORGIAN Offered at $11,350,000

HOGGS HOLLOW ESTATE ON RAVINE Offered at $11,500,000

BUILDER’S OWN IN LAWRENCE PARK Offered at $11,800,000

ROSEDALE GOLF CLUB RAVINE Offered at $11,900,000

UNDER CONSTRUCTION IN FOREST HILL Offered at $13,869,000

LAWRENCE PARK CONTEMPORARY Offered at $14,680,000

15,000 SF OLD COLONY ESTATE Offered at $17,880,000

PALATIAL BRIDLE PATH MANSION Offered at $23,900,000

21,000 SF DESIGNER ESTATE Offered at $28,800,000

The Greater Toronto Area’s Top Luxury Markets Bridle Path-Sunnybrook-York Mills, St. Andrews-Windﬁelds-Hoggs Hollow (C12) While homebuying activity picked up steam in April, sales in the Bridle Path, Sunnybrook, York Mills and St. Andrew, Windfields, Hoggs Hollow neighbourhoods fell short of year-ago levels. Close to 82 freehold homes priced over $2 million sold in the first seven months of the year, including eight over $7.5 million, down from 110 properties and nine sales over $7.5 million during the same period in 2022. Values have remained relatively stable in St. Andrew-Windfields-Hoggs Hollow in 2023, with average price over $2 million on par with year ago levels – currently sitting at $4,016,494. Fewer sales over the $10 million price point have resulted in some softening in Bridle Path-Sunnybrook-York Mills where average price over $2 million now sits at close to $5.1 million – the highest average price in the Greater Toronto Area at present. One in every three homes sold this year in Bridle Path-Sunnybrook-York Mills sold for more than list price. Inventory levels are ample at present, with 52 properties currently listed for sale over $2 million in Bridle PathSunnybrook-York Mills, and 54 available in St. Andrew, Windfields and Hoggs Hollow. Days on market hovered at 28 in July. Opportunities exist for savvy buyers within these two coveted communities, especially for those looking for larger homes on generous lot sizes.

COVETED OLD YONGE CUSTOM Offered at $5,995,000

HOGGS HOLLOW MODERN RESIDENCE Offered at $13,500,000

9,200 SF CUSTOM ON YORK ROAD Offered at $7,999,000

ELEGANT ST. ANDREWS CUSTOM Offered at $4,750,000

SOLD | 22 Berkindale Crescent

SOLD | 217 Lord Seaton Road

CUSTOM BUNGALOW ON OVER 1 ACRE Offered at $8,600,000

DESIGNER’S OWN ESTATE ON RAVINE Offered at $8,580,000

ARJAY CRES RAVINE PROPERTY Offered at $8,280,000

SOLD | 185 Fenn Avenue

SOLD | 189 Old Yonge Street Represented the buyer

SOLD | 2 Elkpath Avenue

Bridle Path-Sunnybrook-York Mills January 1st - July31st, 2023 vs. same period in 2022

Average Sold Price 2023 2023

2022

% Change

$2 million plus

-36.4%

$3 million plus

-43.9%

$5 million plus

-58.6%

$7.5 million plus

-16.7

$5,074,411 Average Sold Price 2022

$6,297,409 -19% Year-over-year

St. Andrews-Windﬁelds-Hoggs Hollow January 1st - July31st, 2023 vs. same period in 2022

Average Sold Price 2023 2023

2022

% Change

$2 million plus

-15.6%

$3 million plus

-14.3%

$5 million plus

-7.7%

$7.5 million plus

$4,016,494 Average Sold Price 2022

$4,017,726 0% Year-over-year

Forest Hill South, Humewood-Cedarvale (C03)

Affordability and location continue to play a major role in the Humewood-Cedarvale communities where home sales are up 15.8 per cent over year-ago levels. Unlike 2022, most of the 22 sales that occurred this year were in the coveted sweetspot – between $2 million and $3 million – which contributed to a lower average price overall, now hovering at slightly more than $2.56 million. Almost 55 per cent of all homes sold in HumewoodCedarvale sold for over list price in 2023. Just five homes are listed for sale in the area at present, with the typical property on market for just under three weeks. At the other end of the spectrum, Forest Hill continues to be plagued with listing shortages, particularly at the top end of the market. Buyers are particularly interested in older properties between $8 million and $10 million that can be renovated or demolished to make way for new custom-built homes. To date, eight sales have occurred over the $5 million price point, down from 16 during the same period in 2022. Just three properties are listed for sale over $8 million, all of which have been recently renovated or are newer construction.

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NEW LOCATION IN THE VILLAGE 446 SPADINA ROAD SOUTH FOREST HILL MASTERPIECE Offered at $6,395,000 10

SOLD | 67 Forest Hill Road

3-STOREY FOREST HILL RESIDENCE Offered at $7,389,000

MODERN MARVEL IN THE VILLAGE Offered at $4,500,000

BESPOKE SPADINA TOWNHOME Offered at $4,600,000

PREMIUM FOREST HILL LOT Offered at $3,990,000

Forest Hill South

January 1st - July31st, 2023 vs. same period in 2022 Average Sold Price 2023 2023

2022

% Change

$2 million plus

-26.8%

$3 million plus

-35.5%

$5 million plus

-50.0%

$7.5 million plus

-50.0%

$4,369,597 Average Sold Price 2022

$4,766,490 -8% Year-over-year

Humewood-Cedarvale

January 1st - July31st, 2023 vs. same period in 2022 Average Sold Price 2023 2023

2022

% Change

$2 million plus

-15.8%

$3 million plus

-57.1%

$5 million plus

100.0%

$7.5 million plus

$2,566,144 Average Sold Price 2022

$2,938,381 -13% Year-over-year

Yonge-St. Clair, Casa Loma, Annex (C02) A shortage of available homes listed for sale has seriously hampered homebuying activity in the Yonge-St. Clair and Annex neighbourhoods, with the number of homes changing hands falling short of year-ago levels. Casa Loma, while down five per cent in terms of sales year-over-year (19 versus 20 sales) was able to hold its own so far this year, with average price over $2 million climbing four per cent to just over $4.5 million. Thirty-three homes were sold in the Annex between January and July, down from 55 one year ago. Values also softened, given fewer sales at the top end of the market, falling to just under $3.1 million. In 2022, eight properties were sold over the $5 million price point, compared to one this year. Seventeen homes were sold in Yonge-St. Clair, down from 35 one year ago. Just eight homes are currently available for sale over the $2 million price point in the area. While TRREB’s C02 district, comprised of the Annex, Casa Loma and Yonge-St. Clair, is one of the most soughtafter communities in the city, many of the existing homeowners have chosen to hold onto their properties. With more listings expected to come on stream with the advent of the traditional fall market, some homeowners in the area may be prompted to make their moves.

Yonge-St. Clair

January 1st - July31st, 2023 vs. same period in 2022 Average Sold Price 2023 2023

2022

% Change

$2 million plus

-51.4%

$3,349,260

$3 million plus

-63.2%

-10%

$5 million plus

-71.4%

$7.5 million plus

2023

2022

% Change

$2 million plus

-5.0%

$4,365,750

$3 million plus

-33.3%

$5 million plus

-20.0%

$7.5 million plus

-33.3%

2023

2022

% Change

$2 million plus

-40.0%

$3,466,232

$3 million plus

-53.6%

-11%

$5 million plus

-87.5%

$7.5 million plus

-100.0%

$3,021,324 Average Sold Price 2022

Year-over-year

Casa Loma

January 1st - July31st, 2023 vs. same period in 2022 Average Sold Price 2023

$4,524,763 Average Sold Price 2022

Year-over-year

Annex

January 1st - July31st, 2023 vs. same period in 2022 Average Sold Price 2023

$3,080,934 Average Sold Price 2022

Year-over-year

DRAMATIC FOREST HILL ESTATE Offered at $13,995,000

3/4 ACRES IN THE CASA LOMA ENCLAVE Offered at $19,990,000

Leaside (C11) Leaside remains one of the city’s most popular pockets, with listings few and far between at any given point. Forty-eight homes changed hands over $2 million in the first seven months of the year, down by 20 per cent from yearago levels for the same period. Sales over $3 million were off last year’s levels by 13.8 per cent. Tight market conditions contributed to the greater competition between January and July of this year, with nearly 60 per cent of homes sold in Leaside moving for more than list price. Average price (over $2 million) remained stable at just over $3 million, on par with year-ago levels. Young professionals and families continue to be drawn to the community, with many willing to pay a premium to secure homeownership in the area. The saleto-list price ratio was 102 per cent in July, with just 11 homes available in the area.

LEASIDE CONTEMPORARY Offered at $3,895,000

Leaside

January 1st - July31st, 2023 vs. same period in 2022 Average Sold Price 2023 2023

2022

% Change

$2 million plus

-20.0%

$3 million plus

-13.8%

$5 million plus

-66.7%

$7.5 million plus

$3,196,136 Average Sold Price 2022

$3,184,964 0% Year-over-year

Bedford Park, Lawrence Park, Lytton Park, Forest Hill North (C04) North Toronto neighbourhoods, including Bedford Park-Nortown, Lawrence Park North and South, and Forest Hill North, have been exceptionally popular with valuedriven buyers during the first seven months of the year. Softer overall housing values, especially in the $2 million to $3.5 million sweet spot, have attracted young families to Bedford-Park-Nortown, Lawrence Park North, and Forest Hill North, while more mature buyers are driving demand for homes in Lawrence Park South. Days on market in TRREB’s C04 district were amongst the lowest in the central core in July, with the average home selling within 16 days. Ninety-two properties were sold at the $2 million price point in Bedford ParkNortown in the first seven months of the year, down over 12 per cent from

6,600 SF IN LAWRENCE PARK Offered at $7,280,000

the same period in 2022. Sales over the $3 million price point, however, rose almost 16 per cent, climbing to 51 between January and July, up from 44 one year earlier. Lack of inventory continued to challenge buyers in the area, placing

upward pressure on values, with average price rising three per cent over year-ago levels to $3.3 million. Thirtynine per cent of homes moved for more than list price in the area this year. Forest Hill North posted an increase in homebuying activity at both the $2 million and $3 million price points. Seventeen properties moved over $2 million this year, compared to 16 during the same period in 2022, while nine homes sold for more than $3 million, a gain of almost 29 per cent. Close to 30 per cent of homes sold in the area exceeded list price between January and July of this year. Lawrence Park North registered 39 sales over the $2 million price point from January to July of this year, down 27.8 per cent from year-ago levels. Values in the area rose eight per cent over the same period in 2022, rising to $2.99 million, up from $2,782,978 one year ago. Demand outpaced supply for much of the year, with 22 of the 39 homes sold selling for more than list price. In neighbouring Lawrence Park South, 49 homes were sold at an average price of $3.4 million, down approximately seven per cent from last year. Twenty-seven of those properties, or 55 per cent, sold for over asking price. Buyers in the district were particularly active throughout the second quarter and into July, with many taking advantage of the Bank of Canada’s temporary pause in interest rate hikes. Those who were unable to find suitable properties were quick to ensure rate holds were in place prior to the back-to-back interest rate increases in June and July, allowing them to extend their search over the summer months.

Bedford Park-Nortown

January 1st - July31st, 2023 vs. same period in 2022 Average Sold Price 2023

$3,305,726 Average Sold Price 2022

$3,215,172 3% Year-over-year

2023

2022

% Change

$2 million plus

105

-12.4%

$3 million plus

15.9%

$5 million plus

-25.0%

$7.5 million plus

0.0%

CLASSIC FRENCH CHATEAU Offered at $7,380,000

CRICKET CLUB MASTERPIECE Offered at $5,990,000

AVENUE ROAD LUXURY TOWNHOME Offered at 2,399,000

BEDFORD PARK CUSTOM Offered at $2,995,000

SOLD | 96 joicey Boulevard Sold in only 2 days

CRICKET CLUB RAVINE LOT Offered at $5,980,000

Lawrence Park North

January 1st - July31st, 2023 vs. same period in 2022 Average Sold Price 2023 2023

2022

% Change

$2 million plus

-27.8%

$3 million plus

-23.1%

$5 million plus

0.0%

$7.5 million plus

0.0%

$2,999,488 Average Sold Price 2022

$2,782,978 8% Year-over-year

Lawrence Park South

January 1st - July31st, 2023 vs. same period in 2022 Average Sold Price 2023 2023

2022

% Change

$2 million plus

-15.5%

$3 million plus

-6.1%

$5 million plus

-71.4%

$7.5 million plus

-50.0%

$3,427,720 Average Sold Price 2022

$3,671,263 -7% Year-over-year

Forest Hill North

January 1st - July31st, 2023 vs. same period in 2022 Average Sold Price 2023 2023

2022

% Change

$2 million plus

6.3%

$3 million plus

28.6%

$5 million plus

100%

$7.5 million plus

$3,003,236 Average Sold Price 2022

$3,004,752 0% Year-over-year

ROSEDALE LANDMARK ESTATE Offered at $11,895,000

Rosedale, Moore Park (C09) Strong demand continues to propel high-end sales in prestigious Rosedale-Moore Park, with four properties moving over $7.5 million in the first seven months of the year, up from just one during the same period in 2022. Fifteen sales occurred over the $5 million point, up 7.1 per cent from year-ago levels. Lower price points are also active, with 53 properties selling over $2 million so far this year, compared to 57 in 2022. A shortage of available listings across all price points has contributed to increased housing values in Rosedale and Moore Park this year, with the sales to list price hovering at 103 per cent in July. Year-to-date average price (over $2 million) has risen seven per cent to $4.23 million, up from just under $4 million in 2022. Eleven properties are currently listed for sale over the $2 million price point. Luxury buyers remain undaunted by higher values, as evidenced by the growing number of homes selling in excess of list price. Approximately one in every three homes sold for more than list price in Rosedale-Moore Park this year.

Rosedale, Moore Park

January 1st - July31st, 2023 vs. same period in 2022 Average Sold Price 2023 2023

2022

% Change

$2 million plus

-7.0%

$3,967,703

$3 million plus

-30.0%

$5 million plus

7.1%

$7.5 million plus

300.0%

$4,232,531 Average Sold Price 2022

Year-over-year

Banbury-Don Mills (C13) Stability continues to be the hallmark of the Banbury-Don Mills area, with the number of homes sold in the past seven months matching last year’s levels. Forty-six properties changed hands between January to July, with the bulk of activity occurring in the second quarter of the year. Strong demand has placed upward pressure on values in the neighbourhood, with just over 43 per cent of homes selling for more than list price. Average price rose almost eight per cent to $3.56 million, up from the $3.3 million reported during the same period in 2022. Young families and mature buyers are drawn to the large homes and good-sized lots in the area, available for a fraction of the price of a similar property in neighbouring York Mills and St. Andrews. The close proximity to both top notch private and public schools are an added bonus.

Banbury-Don Mills

January 1st - July31st, 2023 vs. same period in 2022 Average Sold Price 2023 2023

2022

% Change

$2 million plus

0.0%

$3 million plus

4.5%

$5 million plus

-25.0%

$7.5 million plus

0.0%

$3,564,254 Average Sold Price 2022

$3,301,037 8% Year-over-year

EXCLUSIVE KIRKDALE CUL DE SAC Offered at $7,100,000

UNRIVALLED GRANDEUR ON SANDFIELD ROAD Offered at $5,995,000

SOLD | 49 Abbeywood Trail Sold in just 4 days!

HAZELTON HOTEL CORNER SUITE

Offered at $13,800,000

STUNNING HAZELTON HOTEL CONDO

COVETED BRIDLE PATH CONDO

Offered at $9,990,000

Offered at $3,650,000

Luxury Condominiums (GTA) Strong demand for condominium properties throughout the GTA propelled sales up four per cent in the first seven months of the year, compared to year-ago levels. One hundred and seventy properties were sold over the $2 million price point, up from 163 units during the same period in the previous year. Uber-luxe experienced the greatest demand, with 11 condominium apartments and townhomes changing hands over the $5 million price point, an increase of 57 per cent over year-ago levels. Average price for condominiums remained stable year-over-year, with values hovering at $2,942,078, almost on par with year-ago pricing. The vast majority of homebuying activity (almost 86 per cent) occurred in Toronto Proper, with Yorkville, the Annex, the Waterfront Communities (C01 and C08), Rosedale-Moore Park, Bedford Park-Nortown, and the Bay St. Corridor reporting the strongest sales. Suburban markets also experienced solid activity, with condos in Oakville, Burlington, and Mississauga most sought-after this year. Condominium apartments were most popular, with condominium townhomes representing just 12 per cent of sales. The condominium lifestyle continues to be popular with empty nesters and retirees, many of whom are moving from larger homes to condominium apartments in the central core. Lifestyle remains the strongest draw, with no maintenance required and the ability to travel worry-free.

Luxury Condominiums

January 1st - July31st, 2023 vs. same period in 2022

Average Sold Price 2023

$2,902,961 Average Sold Price 2022

$3,026,531 0% Year-over-year

2023

2022

% Change

$2 million plus

170

163

4.3%

$3 million plus

0.0%

$5 million plus

57.1%

$7.5 million plus

0.0%

Featured Homes | Central Toronto

ST. ANDREWS DUPLEX Offered at $2,799,000

BUILD NEW ON MUNRO BOULEVARD Offered at 2,990,000

BRAND NEW YORK MILLS TOWNHOUSE Offered at $3,189,000

COVETED ST. ANDREWS HOME Offered at 3,388,000

SPACIOUS HOME IN SOUTH YORK MILLS Offered at 3,500,000

ST. ANDREWS CUSTOM HOME Offered at $4,100,000

STUNNING LORD SEATON CUSTOM Offered at $5,280,000

GLENORCHY/BRIDLE PATH HOME Offered at $5,380,000

OVERLOOKS ROSEDALE GOLF CLUB Offered at $6,480,000

PERMIT READY IN HOGGS HOLLOW Offered at $6,500,000

7,100+ SF ON QUIET LAUDERDALE Offered at $6,880,000

GATED STONE ESTATE ON FIFESHIRE Offered at $7,280,000

Featured Homes | North Of Toronto

CUSTOM PENTHOUSE IN MARKHAM Offered at $2,000,000

UPPER THORNHILL ESTATES Offered at $2,350,000

EXECUTIVE HOME ON GEORGIAN BAY Offered at $2,750,000

8,000 SF IN GATED COMMUNITY Offered at $5,495,000

MID CENTURY MODERN ON 2 ACRES Offered at $7,950,000

UNDER CONSTRUCTION IN KING CITY Offered at $7,995,000

139 ACRES IN PRIME UXBRIDGE Offered at $9.025,000

ELEGANCE & GRANDEUR ON RAVINE Offered at $9,980,000

PALATIAL FRENCH CHATEAU Offered at $10,899,000

ICONIC BEECHCROFT ON SIMCOE SHORES Offered at $16,900,000

EQUESTRIAN ESTATE ON 76 ACRES Offered at $18,500,000

PRIVATE FORESTED ESTATE Offered at $22,000,000

Unmatched Exposure For Your Home We are proud to be the exclusive partner of Forbes Global Properties, for the GTA & Cottage Country, an invitation only platform showcasing the world’s finest homes to a targeted audience of luxury buyers.

100+ Years in business

million

Magazine readership

Languages

133

million

Global monthly website visitors

million

Social media audience

More visibility than any brand in the luxury real estate space Comparison of aggregate brand mentions across global media publications, digital forums, and social media. Q3 2021- Q3 2022.

INDUSTRY SHARE OF VOICE 84%

Forbes / Forbes Global Properties

Berkshire Hathaway / BHHS

Sotheby’s/Sotheby’s Int. Real Estate

Christie’s/Christie’s Int. Real Estate

Coldwell Banker

Savills

Knight Frank

0.5%

Engel & Völkers

Source: Meltwater Media Monitoring

COHEN HOMES & ESTATES

#1 In Toronto for Luxury Homes, since 2008 Toronto Sales Higher Than $10,000,000 (January 01, 2018 to July 31, 2023) Total Units

Listings Volume

Buyer Volume

Total Volume

Cohen Homes & Estates

$279,718,400

$148,548,400

$428,266,800

Competitor A

$101,240,000

$24,550,000

$125,790,000

Competitor B

$113,956,668

$90,003,681

$203,960,349

Competitor C

$22,700,000

$46,048,000

$68,748,000

Toronto Sales Higher Than $7.500,000 (January 01, 2018 to July 31, 2023) Total Units

Listings Volume

Buyer Volume

Total Volume

Cohen Homes & Estates

$440,304,900

$253,304,900

$693,609,800

Competitor A

$73,693,800

$79,994,800

$153,688,600

Competitor B

$126,040,000

$33,350,000

$159,390,000

Competitor C

$52,782,000

$38,071,000

$90,853,000

Toronto Sales Higher Than $5,000,000 (January 01, 2018 to July 31, 2023) Total Units

Listings Volume

Buyer Volume

Total Volume

Cohen Homes & Estates

146

$823,394,810

$393,071,900

$1,216,466,710

Competitor A

$226,554,000

$182,136,000

$408,690,000

Competitor B

$163,492,800

$114, 194,800

$277,687,600

Competitor C

$149,378,000

$93,358,051

$242,736,051

Toronto Sales Higher Than $3,000,000 (January 01, 2018 to July 31, 2023) Total Units

Listings Volume

Buyer Volume

Total Volume

Cohen Homes & Estates

306

$1,248,243,578

$574,048,700

$1,822,292,278

Competitor A

265

$693,520,618

$452, 140,627

$1,145,661,245

Competitor B

147

$388,720,000

$187,454,388

$576,174,388

Competitor C

124

$378,392,055

$173,229,000

$551,621,055

Source: Data complied from The Toronto Real Estate Board, by REDATUM.

Why More Sellers Choose Us? Barry’s Market Insight Price Validation from Brand Reputation Custom & Effective Marketing Strategies 11 Magazine Publications Client Concierge for Staging & Repairs

Multicultural Team Forbes’ Global Reach Exclusive to Cohen Unrivalled Negotiation Strategies #1 Team & Individual in Central Toronto Unparalleled Service

Most importantly, we represent More Sellers than any competitor which allows us to generate More Buyers, more offers, higher prices, and ultimately More Sales!

Our Team

Angie Chang

Justin Cohen

Tyler Cohen

Broker

Olga Donchenko

Sasha Firestone

Nicole Gay Broker

Sales Representative

Aaron Luftspring

Diana Mendonca

Sales Representative

Barry Cohen

Simone Chen

Sales Representative

Nima Hafezian

Evelyn Li

Sales Representative

Broker

Natasha Omrin

Adam Sajjadian

Broker

Sales Representative

Farzad Ghazi

Broker

President & Broker

Sales Representative

Broker

Lance Stoute Broker Of Record

Patricia Sun

Sales Representative

COHEN HOMES & ESTATES

Toronto’s Leader in Luxury No one has sold more luxury real estate in this decade than Cohen Homes & Estates.* The reason is obvious. In addition to our unmatched negotiation skills, we provide the greatest exposure for your home. By utilizing the very latest in print and online marketing strategies enhanced by our exclusive international affiliations, more local and foreign buyers see our homes. Simply put, we do more for our clients than our competition. The proof is in the numbers.

#1 In Toronto For Homes Sold $3,000,000 - 35,000,000, Since 2010*

View our collection of fine homes virtually at

www.BARRY COHEN HOMES.com REALTRON BARRY COHEN HOMES INC., BROKERAGE 416.223.1818 309 York Mills Road, Unit 7 Toronto ON M2L 1L3 | Trademark Barry Cohen Homes. Each office independently owned and operated. *Based on Barry Cohen Homes Sales on TRREB. Not intended to solicit buyers or sellers currently under contract with another brokerage.

Luxury Market Report | Fall 2023

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Market Commentary by Barry Cohen