Most Affordable & Most Expensive Areas to Buy a House in Toronto | August 8-14, 2022

Here's your weekly recap on the most affordable & most expensive areas to buy a house in Toronto from August 8-14, 2022.

2-Bed

• 8 homes sold (-11.1% decrease vs. last week)
• Average price = $1,115,613
• Most affordable = $740,000 | Danforth & Warden
• Most expensive = $2,050,000 | Bloor & Royal York

3-Bed

• 59 homes sold (-4.8% decrease vs. last week)
• Average price = $1,231,051
• Most affordable = $830,000 | Kipling & Finch
• Most expensive = $2,300,000 | Spadina & Dovercourt

4-Bed

• 33 homes sold (+6.4% increase vs. last week)
• Average price = $1,831,332
• Most affordable = $1,050,000 | Brimley Rd & St. Clair
• Most expensive = $4,786,000 | Bloor & Runnymede

5-Bed

• 5 homes sold (-54.5% decrease vs. last week)
• Average price = $1,707,800
• Most affordable = $1,030,000 | Jones & Gerrard
• Most expensive = $3,045,000 | Avenue Rd & Lawrence

Contact me for the full report of sales from the last week or if you have any questions about the market on Instagram @TorontoRealEstate.ca !

Rylie C.