On February 28, 2024, Properties Unlimited Realty Brokerage turned 40, but there is nothing middle-aged about our company. The firm remains a strong Leaside family business: the owners and founders are Wendy LeBlanc and her husband Reginald LeBlanc. Elaine LeBlanc, their daughter and also a realtor, joined the company in 2016 to work alongside the many realtors who have worked with the company for numerous years.
For some 20 of the 40 years in business, the brokerage was located at 874 Eglinton Ave. at the corner of Eglinton and Laird and franchised with Coldwell Banker. Properties Unlimited Realty decided to relocate 10 years ago to 206 Laird Dr., Suite 203, which remains our home.
Having reached a milestone of four decades in business, the company has helped clients buy and sell in Leaside residential and commercial, and has witnessed many changes in the real estate industry, and especially in the growing neighbourhood of Leaside. Among them are significant housing and commercial price increases and decreases, bungalow conversions, new home builds, major condo and retail development.
Latest update
Buyers re-entering the GTA housing market in February saw home sales and new listings increase on an annual and monthly basis. Selling prices also edged upward compared to a year earlier. Population growth and a resilient regional economy continued to support the overall demand for housing. Higher borrowing costs, though, kept home sales below the February sales record reached in 2021.
Realtors reported 5,607 GTA home sales through TRREB’s MLS system in February 2024 – an increase of 17.9 per cent compared to February 2023. Even after accounting for the leap-year effect, sales were up by 12.3 per cent year-over-year. New listings were up by an even greater annual rate than sales in February, pointing to increased choice for buyers. On a seasonally adjusted month-over-month basis, February sales were lower following two consecutive monthly increases while new listings were flat.
The Leaside/Bennington market
Leaside and Bennington Heights remains a desirable community to live in, and with more new families looking to buy this year our neighbourhood is considered high on the desired list for 2024. As momentum in the spring market heats up, watch for the next mortgage announcements on April 10 and June 5, 2024. As sales start to move and climb, more consumers will be looking to secure financing as they anticipate a drop in interest rates.