East West Central
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Central Bayview/Post Road/Bridlepath $1,900,000 (26) TorontoRealEstateCentral.com Wilson Ave. York Mills Rd. Average Freehold Teddington Park/ Ledbury Bedford Park Hoggs Hollow/ The Valley House Prices $1,237,000 $1,102,000 (select Toronto neighbourhoods) (27) (47) $3,756,000 (10) Golfdale Wanless Park January 1, 2011 to $936,000 (11) Lawrence Ave. W. Lawrence Ave. E. March 31, 2011 John Ross Glencairn Road / Avenue Hwy 11a Robertson Lawrence Park $2,099,000 $1,815,000 $2,644,000 (12) (14) Legend (16) Blythwood Craighurst $ = Average House Price Briar Hill () = Volume of Houses Sold Allenby North Sherwood Park = Change from previous quarter $1,118,000 Toronto $1,162,000 (16) $853,000 = Insufficient Sales (8) Eglinton Ave. W. (16) Eglinton Ave. E. (Average not necessarily accurate. Chaplin Estates South Eglinton Please contact us for details.) $1,066,000 =Central Toronto Branch (12) $873,000 (44) Leaside 1Km $939,000 Forest Hill (43) $2,460,000 Moore Park (20) West $1,771,000 St. Clair Ave. W. (21) St. Clair Ave. W. Forest Hill South Bloor West Village / West $1,544,000 (18) Baby Point St. High Park $836,000 (14) $737,000 Yonge Keele Rosedale (22) (25) The Annex $2,170,000 $1.050,000 (22) Bloor St. W. / Hwy 5 1,412,000 St. (25) $ Yorkville/ Yorkville/ The Danforth/ Swansea / Riverside Danforth Ave/Hwy 5 Dufferin Riverdale $510,000 Bloor St. W. / Hwy 5 $686,000 (33) (33) Cabbagetown St. / Hwy 11 Parkside Lake $755,000 (36) $703,000 Gerrard St. E. Yonge (5) Expressway / Lake Ontario Queen St. W. Queen St. E. King St. W. East Beach $687,000 (75) This map shows average selling prices for specific neighbourhoods. Figures are based upon Toronto Real Estate Board Multiple Listing Service© statistics, and are simply an Queen St. E. indication of trends. They should not be applied to a specific home or situation. If you wish to know changes and trends for your neighbourhood or street, please call Barbara Lake Ontario or Imre at your convenience. Stay tuned for more. Royal LePage Real Estate Services Ltd., Broker www.TorontoRealEstateCentral.com Our strategic services have proven for hundreds of buyers and sellers to be essential at accomplishing their financial goals and aspirations. Contact us today for efficient and practical help. Transformation: Condos VS. Houses Geographically, the two areas that are often leaders in market activity in the city are Yonge-Eglinton and those older neighbourhoods south of Bloor and west of Yonge which are stable, family-oriented areas with strong multi-cultural identities. Yet both are currently undergoing a radical transformation that is directly relevant to the real estate market. Typically, any neighbourhood has a few homes added annually - We are committed to the either industrial buildings being replaced with residential complexes highest level of (through retro-fit or complete replacement) or single, large homes professional service for replaced with multiple, smaller ones (flats, mini-condos, duplexes). you – guaranteed! These evolutionary changes are typically slow and sporadic. But the past few years have seen the start of a drastic re- Barb and Imre invention of the city at its very heart. Multiple, large condominium complexes are sprouting up, capable of bringing thousands of new 55 St. Clair Avenue West Toronto, ON residences to the city in very short periods of time. Although many M4V 2Y7 buyers of these new units are downsizing from houses, the vast Canada majority of buyers are new to Toronto. Because the conversion of Tel: 416-921-1112 (24hr.) former industrial and commercial lands (CityPlace, Kingsway, and [email protected] Yonge-Eg.) is at a relative peak, this massive influx will eventually abate. Meanwhile whole new neighborhoods are appearing with their own, as-yet unseen, character. As real-estate professionals, we are very excited about these changes as many of the buildings and plans are well done and offer a lot of new choices for our buyers. Please call us for more details. Spring 2011 Update In Central Toronto this past quarter, almost all neighborhoods increased in value, a normal pattern of the annual real estate cycle. In terms of volume however, the house market is a little soft and variable across the city. This is due to both a residue of uncertainty left over from the recent recession and the impact of the new condominium market which is absorbing many buyers..