Get free e-book
Many Buyers want to live in Toronto. There are countless reasons for this. There is employment and exciting job opportunities, there are cultural reasons. Toronto sees the Lions share of immigration into Canada. There are many reasons why people both domestic and newly immigrated choose to live in Toronto. Toronto has a variety of neighbourhoods.
Situated on the shores of Lake Ontario, Toronto is the most populous city in Canada and the fourth most populous city in North America. The city is the anchor of the Golden Horseshoe, an urban population of 9 Million people surrounding the western end of Lake Ontario. The Greater Toronto Area proper has a population of over six Million, and continues to attract both domestic and international newcomers. As a result, Toronto is home to some of the nation’s – and the world’s – most expensive real estate
Toronto is an international centre of business, finance, arts, and culture, and is recognized as one of the most multicultural, vibrant, and cosmopolitan cities in the world.
The diverse population of Toronto reflects its current and historical role as an important destination for immigrants to Canada. Over 160 languages are spoken in the city. A study by Ryerson University showed that Toronto was the fastest-growing city in North America, largely attributed to international migration to Toronto.
What makes Toronto so special? Toronto has many public spaces, from city squares to public parks, including the waterfront, and an extensive system of ravines. Some of the more prominent green spaces include Ontario Place, Tommy Thompson Nature Reserve, High Park, the Toronto Islands, and part of the Rouge National Urban Park.
Toronto is the Financial capital of Canada. It is the headquarters of Canada’s five largest banks, and of many large Canadian and multinational corporations, as well as the home of the Toronto Stock Exchange. The highly diversified economy is represented in financial services, life sciences, education, arts, fashion, design, science and technology, aerospace, food and entertainment, and tourism. All of this translates to jobs from entry level to senior positions.
Toronto is a prominent centre for music, theatre, motion picture production, and television production, and is home to the headquarters of Canada’s major national broadcast networks and media outlets. Its varied cultural institutions include museums and galleries, festivals and public events, entertainment districts, national historic sites, and sports activities.
Toronto attracts a diverse population, and they are looking for a diverse selection of homes as Buyers. This is incredibly good news for Toronto Downsizers as there is a Buyer for every home style and price point.
Transitions In Life
One of our more recent transitions involved a homeowner with a Victorian semi-detached house in the heart of old Toronto. Although the home showed beautifully and had been well-maintained, the Downsizer homeowner wanted a simpler life. The responsibilities of owning a century home were no longer in her future. Following our marketing strategy, the home sold quickly with multiple offers; this homeowner made the decision to stay in this vibrant downtown location and to relocate to a nearby rental condo without having to give up any of the lifestyle pursuits they enjoyed.
Not all downsizing decisions result in Selling and Buying. Some decide that home ownership is no longer an option for them, and they decide to “cash out” of the lucrative Toronto market in favour of a rental choice. In Toronto we have a selection of older dedicated Lease buildings as well as some new modern dedicated Lease buildings with more under construction. And of course, there is a vast number of individual landlords providing a large rental pool of condo units. This seller selected a nearby condo location and rents from an owner who is currently overseas for work. It was the perfect solution for her.
Next Steps
We offer a FREE consultation for Downsizing your home in Toronto. We will explore your options after a discussion of your transition goals as well as talking about things like buying first vs selling first and the importance of preparation of your home for sale and more.
Client testimonials:
We worked with Luci and Marc to buy our new condo sell our Toronto home. The kids had left and we had been retired for a couple of years. We knew we wanted to simplify and move into a space that would be maintenance free. We always loved the idea of moving into a condo and just spending some real quality time travelling and golfing. We ended up buying a condo in the east end of Toronto with amazing views of the Lake – it’s so amazing we can hardly wait to move in! We actually found Luci online, believe it or not. We called Luci and set an appointment for a consultation. Luci and Marc are a husband-and-wife team and were very professional. We had lots of questions they were able to answer all of them. It was a very good experience. We bought the condo first because we wanted to ensure we had a great place to move to. When it came time to sell the house, Luci brought in the service people we needed to get the house ready for sale. The home was staged, and professional photos were taken. We really liked Luci’s quick and thorough communication. She was always available to take our calls. That was really important to us. We sold in 6 days for top dollar and couldn’t be happier with the entire experience. We would not hesitate to refer Luci and Marc to anyone we know. Thank you Luci and Marc!
Steve and Marilyn C.
I used Luci Rizzo to sell my house in Toronto while I was in BC. Excellent service, she helped with every detail including hiring painters, cleaning services and electrical work. I would highly recommend her.
Olive Spence
In the current overheated real-estate market, Lucy is a trustworthy, transparent, honest and proactive partner of any buyer or seller. Thanks to her ongoing commitment and sound advice, I was able to make a great buy and investment. I recommended Lucy to numerous people and I will always do so because it is really hard to find such a great agent who works hard to help her clients succeed by being there for them during the whole process and beyond. I am really glad that our paths crossed because, in the end, her hard work and dedication had an amazing an positive impact on my quality of life.
Charles Jean Sucsan
I would highly recommend Luci Rizzo for any of your real estate requirements. Luci helped us sell our home and downsize to a condo, which we love! With years of experience in the real estate market Luci is trustworthy, personable, is client focused, she listened to what we wanted, and provided great suggestions and communication throughout the process. Always prepared, Luci offered honest feedback and up-to-date research which enabled us to make the right decisions along the way regarding both selling and buying . We couldn't be happier and would not hesitate to use Luci again when we go to sell our condo.
Lesa Warner
Great overall service and experience! As first-time home buyers in Toronto, my partner and I were very nervous and had innumerable questions. Luci guided us, with patience and expertise, every step of the way. I would definitely recommend Luci and her team to friends and family for any real estate needs!
Mauricio Morales
My husband and I worked with Luci Rizzo and Marc de Bellefeuille recently in looking for our new home. We found them to be consistently professional, helpful and very knowledgeable about both the real estate market in Toronto and also about house construction and design. We started house hunting with little understanding of prices and a stubborn and outdated mindset about real estate values. Luci and Marc took us to upwards of thirty properties and always gave us relevant and helpful information, helping us learn to analyze and understand pricing and home value. Looking back, it is clear that we needed to fundamentally change our understanding before we could make a decision that was right for us. Luci and Marc were never impatient with our naive assessments and when we found a house we loved, they gave us clear analyses to help us make the most rational decision we could. I am so impressed by their expert knowledge of both the Toronto Real Estate market and house values. We found a wonderful house and I am certain it is all down to the expertise of this great team, Luci Rizzo and Marc de Bellefeuille.
Katherine Beattie
Recently, I decided to sell and downsize my semi detached downtown Toronto home. Luci was there for me advising on the whole downsizing procedures and suggesting from her contacts various ways that could ease and expedite getting my home ready for the market. Once my home went on the market, Luci really shined as she dealt with numerous inquiries and requests for showings during a covid19 lockdown. She is a great communicator and we exchanged a number of emails and phone calls daily to keep me in the loop and to ensure every detail had been looked after. I found Luci to be dedicated to helping her clients receive the best possible outcome, detailed and an excellent negotiator.
Linda Sebastian
Luci and Marc made my experience as a first time home buyer as easy as I think it could have been. They were really flexible around my schedule and helped me find the perfect place fast. Any questions I had, they had the answer or knew where to find it. I am hoping not to move for a long time but if I did I would use Luci and Marc again in a heartbeat
Michael Legere
Luci was very patient when helping us purchase our current home. As soon as the purchase was confirmed, Luci came over prepared to discuss details of selling our townhouse. She gave us an estimate of market value of our home and went through her market strategy with us. Our property was listed on MLS the next day. And to our surprise, it was sold in a week at the price we wanted. We couldn’t be happier.
Alistair Chan
I’d recommend Luci for managing a Toronto real estate sale. She’s conscientious and careful. She knew the market and gave us good advice. She managed all the showings, and managed the selling process very well. We benefited from Luci’s professionalism and experience.