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Apartment & Redevelopment Newsletter

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Volume 13| May 2023

Welcome to another installment of the Apartment & Redevelopment Newsletter, designed to bring you local relevant information about what’s happening in the Greater Toronto Area (GTA) Apartment and Land property market. We bring this to you on a monthly basis to assist Property owners in keeping

In May 2023 there were 9 transaction’s in GTA Apartments, for a value of $78,270,000 (down from 14 transactions in April 2023). This is down approximately 61% in aggregate value compared to May 2022 when there were 15 transactions for a total value of $198,923,177. There were 325 units traded in May 2023 vs 648 units traded in May 2022. Number of transactions was down 67% YoY (compared with 50% decrease in transactions from April 2023) with 49.85% decrease in units transacted. More details on this in our recent transactions section.


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Apartment & Redevelopment Newsletter

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Pour plus d’informations, veuillez contacter:

Alexander Silver

Associate Vice President, Sales Representative

Toronto Downtown

Alexander co-manages the Multifamily & Redevelopment Advisory Team in the GTA. He specializes in acquisition and disposition of multi-family properties, commercial properties and re-development land in the GTA. Working alongside private and institutional investors, his experience allows clients to maximize value through discovery of their property’s highest and best use.

He consistently finds ways reduce risk, while increasing the probability of a successful sale. Alexander has a genuine approach, and enjoys building new relationships.

Voir l'expert

Steve Keyzer

Senior Vice President, Sales Representative

Toronto Downtown

A results-driven real estate professional, Steve has established himself as a trusted source for commercial real estate information across the GTA with a focus on the Toronto Downtown and Midtown Investment and Leasing Markets. Steve has completed commercial real estate transactions totaling over $800,000,000.
Property Advisory 
Steve has advised a number of significant property owners in the Toronto downtown market. He applies his creative background to determine a specific go-to-market strategies which are tailored to uncover competitive advantages and opportunities for value creation.

Backed by Colliers Toronto’s marketing team, Steve is able to offer best in-class marketing tools to segmented targets to generate strong targeted marketing campaigns, which allows property owners to maximize the value of their asset. Steve is able to assist his clients in establishing highest and best use of the property to determine the highest potential market value.

Corporate Advisory
Steve offers a particular strength and understanding in corporate rebranding opportunities though real estate realignment, assisting clients to establish a distinct identity which further strengthens and reaffirms their brand and reflects their corporate culture.

Steve’s tenant representation specializes within the Creative Industries. Having worked in the advertising industry before entering real estate, Steve is able to identify real estate opportunities that allow for a creative and inspiring work environment.

Voir l'expert