Cristian  Vergara

Cristian Vergara

Broker

SUTTON GROUP-HERITAGE REALTY INC., Brokerage*

Mobile:
416-225-2290
Office:
905-619-9500
Email Me
Cristian  Vergara

Cristian Vergara

Broker

SUTTON GROUP-HERITAGE REALTY INC., Brokerage*

Mobile:
416-225-2290
Office:
905-619-9500
Email Me
Cristian  Vergara

Cristian Vergara

Broker

SUTTON GROUP-HERITAGE REALTY INC., Brokerage*

Mobile:
416-225-2290
Office:
905-619-9500
Email Me

Summary of the TRREB 2020 Housing Outlook

TRREB 2020 Housing Outlook

Summary Notes of the Toronto Regional Real Estate Board's Economic Housing Outlook for 2020

  • City of Toronto to make more emphasis on the Housing Near Transit
  • Solutions for the 1 KM problem - The distance between the Train/Subway and a computers home or work. This part of the travel seems to cause the most traffic - solution build near the stations
  • Toronto looking for different Housing Mixes
  • Current Amount of Listings for Sale and Up Coming New Projects do not meet Current and future Demands
  • Currently much more demand than available homes for Sale on the Real Estate Board - Seller's Market
  • Most properties are being purchased with 20% down payment or more
  • 2/3 of properties are being purchased with mortgages
  • Downtown Toronto Condo market Will continue to rise quickly
  • Condo Market, personal use is looking for 2 bedrooms units, while investors are still preferring 1-bedroom Units
  • Most Large Investors are putting their Money in Industrial Lands
  • Expected: 3-4 % Increase in Rental Rates
  • Expected: 10% INCREASE in Real Estate Prices in Toronto and GTA

If buying, this year hurry before the price go up even further. If selling, it is going to be a good real estate year.

Contact me, Cristian Vergara, for more information at cvergara@sutton.com.

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Introduction

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Cristian Vergara’s Statistics

  • Top 2% of the sales people in the Toronto Real Estate Board
  • Always within the top 10 in an office of about 300 Realtors
  • Normally I sell for some of the highest prices in the Area
  • I sell over 40-50 homes a year, with personal and professional service to each, plus the others from my team.
  • Over 82% of my sales are repeat and referral business (only satisfied clients come back).
  • Member of the Toronto, Ontario and Canadian Real Estate Board, and governed by the Ontario government under RECO.
  • Work closely with financial institutions to get my clients approved (even when others can’t)
  • Award Winner of the Town of Ajax, Diversity Volunteer of the Year
  • Work with a large group of investors
  • Member or Past Member of:
  • TRREB: Toronto Regional Real Estate Board Consumer Relations Committee 
  • REIN: Real Estate Investment Network
  • CCIM: Commercial Real Estate Institute
  • Landlord Self Help Centre
  • Nahrep: National Association of Hispanic Real Estate Professionals
  • Ajax-Pickering Board of Trade
  • Town of Ajax Town Planning Committee
  • Past: Board of Director: CDCD Community Development Council Durham
  • Past: President: Hispanic Alliance of Durham
  • Board Member: Town of Ajax Recreation Committee
  • CICEA: Canadian Institute of Certified Executor Advisors
  • Past Owner of “Amigos Home Accessories” a renovation and home accessories business.
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