Most Affordable & Most Expensive Areas to Buy a House in Toronto | August 1-7, 2022
Here's your weekly recap on the most affordable & most expensive areas to buy a house in Toronto from August 1-7, 2022.
Here's your weekly recap on the most affordable & most expensive areas to buy a house in Toronto from August 1-7, 2022.
2-Bed
- 9 properties sold
- Average price = $1,048,013
- Most affordable = $515,000 | Dawes & Danforth
- Most expensive = $1,450,000 | Yonge & Finch
3-Bed
- 62 properties sold
- Average price = $1,260,987
- Most affordable = $715,000 | Weston & Eglinton
- Most expensive = $3,400,000 | Royal York & Dundas
4-Bed
- 31 properties sold
- Average price = $1,722,952
- Most affordable = $890,000 | Finch & Midland
- Most expensive = $5,150,000 | Mt. Pleasant & Blythwood
5-Bed
- 11 properties sold
- Average price = $3,259,045
- Most affordable = $1,010,800 | Midland & Ellesmere
- Most expensive = $9,680,000 | Bayview & York Mills
3-Bedroom homes continue to be the sector with highest number of sales however there is no one particular area that is seeing more sales than others.
It's interesting that the 5-bed homes are the quickest to sell at an average of 14 days on the market while the other sized homes tend to take closer to 20 days to sell.
Be sure to check back next week for the most up-to-date stats!
Have any questions about buying a house?
Feel free to message me on Instagram @TorontoRealEstate.ca !
Rylie C.