There were 17 condos sold at 500 St. Clair in 2011. Of these 17, 12 were two bedrooms, 4 were one bedrooms and 2 were 2 + 1 bedrooms.

The Average price for a 2+1 bedroom was $538,000.

The Average price for 2 beds in 2011 was $449,273.

The Average price for 1 bedrooms was $326,875.

The Average Days on the market was 38 days. The unit that sold the quickest sold in 8 days and the longest on the market was 103 days.

The Average list of sale ratio was 97.53 (in other words, the percent of list price which the unit actually sold for).

Currently there are 3 condos for sale in your building.

In 2010 there were 12 Suites sold at 500 St. Clair. The average sale price was approximately $515 per square foot.

The average number of days it took to sell was 27 days.

The highest achieved price was in excess of 700K.

In short, sales at 500 St. Clair were very good and the percent of list price was almost 98% (in other words sellers received 98% of the price they listed for).

Happily, those who purchased their homes before they were constructed can rest assured that they have seen considerable appreciation on their investments.

If you wish to live in this great area and in this lovely building, please contact me as there are suites currently available at this location and units available for sale in its twin building available "off plan".

There are several things which help to determine a valuation of your condo. We begin by taking your square footage and then proceed to make adjustments to that figure.

• For each floor that you ascend, we add approximately $1000.
• We add value for upgrades which you have made to your home.
• We subtract value if you do not own a locker or a parking spot.
• We add value for the view. If you can see downtown and the lake,  a buyer will pay more for your suite.
• There is great value in how your home looks to a prospective buyer. A well staged home will fetch a higher price. A well staged home means that a buyer can picture themselves in your home. As much as the builder's model suite sells all of us, a condo for sale will lure more buyers if it shows very well.
• When you are selling your condo, light is extremely important. If your unit does not receive alot of natural light, artificial lighting becomes even more important. A well staged and well lighted suite will sell better than a dark, cluttered space because it makes people feel better and it appears much bigger.

If you are thinking of selling your condominium at 500 St. Clair, give me a call - I know how to get the most money for your condo and I put that knowledge into practice through hard work and attention to detail.