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ATTENTION POSTMASTER: Time Sensitive Materials

ABOUTOWNE

Realty Corp., Brokerage 1235 North Service Road W. Suite 100, Oakville, ON L6M 2W2

TEAM

Each Office Independently Owned and Operated.

416-520-4785

AUGUST 2020

MORRISON REAL ESTATE MARKET REPORT

Nancy@NancyShea.ca

www.NancyShea.ca

Thinking about downsizing? PRESENTED BY THE NANCY SHEA TEAM

3500 Lakeshore Road West, Unit 415 | 2 Beds, 2.5 Baths | 1,360 Est. Sq. Ft. | $1,379,000

Call Nancy today at 416-520-4785 for full details!!

PREPARED ESPECIALLY FOR Suite 415 at Bluwater is all about living a luxurious lakefront lifestyle. At 1,360 square feet, this gorgeous two bedroom, two-and-a-half bath suite has panoramic views of the lake. Two parking spots and two lockers with resortlike amenities right in your building. Fitness centre, lounge, bar and catering kitchen, guest suite, hot tub, steam showers, sauna, library, outdoor pool, and hot tub. This suite has been beautifully upgraded. The spacious kitchen has Misani custom cabinetry and a pantry. Built-ins in the living room and master bedroom are not only functional

but extremely attractive. Upgrades include engineered hardwood flooring, designer light fixtures, custom closet organizers, electric blinds in the master bedroom, crown moldings, extra pot lights, and blinds. The living room has a walkout to the extra wide balcony (22 feet) with gas BBQ hookup and endless views over Lake Ontario. The floor plan has been creatively designed to include a dining room perfect for entertaining friends and family.

JONATHAN AND ANGELA-MARIE WILLIAMS PRESENTED BY

The Nancy Shea Team, Your Morrison Specialists

TEAM

www.NancyShea.ca

WHY CHOOSE NANCY SHEA? TEAM

416-520-4785 Nancy@NancyShea.ca

www.NancySeah.ca

“Nancy managed to sell our home with minimal disturbance to our family. We were very pleased with her efforts and results on both sides of our sale and purchase transactions.”

MORRISON

Local Knowledge: Process Knowledge: Responsiveness:

MARKET ACTIVITY AUGUST • 2020

Negotiation Skills:

THERE ARE 47 HOMES CURRENTLY ACTIVE IN MORRISON Bedrooms Range 2-6

Home Prices are Holding Up

Millennials are Starting to Buy Millennials want to buy homes and are poised to jump into the market. Some foresee a boom in home buying in the coming years.

Paperless Mortage Process The industry has initiated a digital process with breathtaking speed. More loans are likely to close quickly.

Despite the effects of Covid-19 on the economy, bidding wars are common, as eager buyers compete for limited inventory.

Migration to the Suburbs

Third Quarter

Strong buyer interest has shifted to suburban neighborhoods. We are seeing more Buyer interest from Toronto.

REAL ESTATE

Est. Sq. Ft. Range* 1,100-6,700

List Price Range $1,549,000-$11,998,000

MORRISON HOMES SOLD SINCE JUNE 1ST, 2020

Trends

Low Rates are Here to Stay

Shopping for Homes is Viral

Many economists expect rates to remain low and possibly trend lower. This increases buyer’s purchasing power and drives up prices.

Virtual tours allow homes to be fully viewed despite buyers never setting foot in the home. We have invested in the latest tools to offer the best buyer viewing experiences.

Washrooms Range 2.0-6.2

Jonathan and Angela-Marie, Now is the time to take advantage of the unique market! Call me today at 416-520-4785!

Age

Style

Bedrooms

Washrooms

Approx. Sq. Ft.*

Sold Price

Sold Date

Days on Market

51-99 Years

Bungalow

2.1

1,800

$2,398,000

08/05/20

31-50 Years

2 Storey

4.1

3,100

$2,450,000

08/01/20

51-99 Years

Bungalow

1.1

2,000

$2,288,000

07/31/20

51-99 Years

Bungalow

4.0

2,700

$2,700,000

07/31/20

0-5 Years

2 Storey

4.1

3,500

$2,750,000

07/30/20

51-99 Years

2 Storey

3.1

3,000

$2,700,000

07/27/20

6-15 Years

2 Storey

4.1

5,000

$3,800,000

07/24/20

6-15 Years

2 Storey

4.1

4,300

$3,080,000

07/16/20

N/A

2 Storey

4.1

N/A

$3,080,000

07/16/20

6-15 Years

2 Storey

4.4

5,500

$3,975,000

07/10/20

0-5 Years

2 Storey

5.2

4,500

$3,298,000

07/07/20

16-30 Years

2 Storey

5.1

9,900

$8,200,000

07/02/20

16-30 Years

2 Storey

4.1

3,700

$2,880,000

06/30/20

31-50 Years

2 Storey

3.1

2,900

$2,020,000

06/26/20

0-5 Years

2 Storey

6.2

4,500

$4,500,000

06/26/20

120

31-50 Years

Sidesplit

2.1

1,500

$1,220,000

06/15/20

51-99 Years

Bungalow

2.1

1,300

$1,325,000

06/15/20

16-30 Years

2 Storey

4.1

3,700

$2,365,000

06/15/20

0-5 Years

2 Storey

5.1

4,900

$4,200,000

06/05/20

132

N/A

2 Storey

3.1

N/A

$1,960,000

06/01/20

Nancy Shea and RE/MAX Aboutowne Realty are not in any way affiliated with Morrison Owners Association, nor is this in any way an official advertisement or publication of Morrison. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Oakville Real Estate Boards MLS between June 1st, 2020 and August 7th, 2020. Listings and sales may not be those of RE/MAX Aboutowne Realty. The Oakville Real Estate Boards MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. Due to OMDREB regulations, full disclosure of all listing and sold data is only available upon request. *Square footage rounded down to nearest hundred.