Low Inventory Alert
The low real estate inventory levels in the Toronto market are forcing buyers into what are usually ideal properties for seniors. This is creating a real sense of urgency in that market as seniors are having to compete with first-time home buyers and young families.
To compete, seniors will need to be the first ones out to see the new properties. Young buyers will be ready to jump on the new inventory so being ready to get out to see new listings will go a long way. You may need to broaden your options for homes.
There are plenty of different properties that can fit your needs. Townhomes, ground-floor condos, maybe a luxury rental building. Be open to other options so that you are not left out.