Family Home for Lease in Yonge - Eglinton, Toronto
34 St. Clements Avenue is a warm family home in the heart of the Yonge - Eglinton neighbourhood. 5 bedrooms above grade offer space for all of your family. The bay windows and front porch provide character and charm. There are multiple parking spots in the private drive.
1166 Bay Street, Apartment no. 1204, is a spacious 2 bedroom plus den condominium apartment measuring 2,188 square feet as per the floor plan by Accuplan Inc. The kitchen and bathrooms were completely renovated in 2013. This apartment now offers the highly desirable juxtaposition of a renewed unit in an established building.
The purchase price includes two parking spots (one deeded, one exclusive in perpetuity) and an ensuite locker.
The value of Toronto real estate rose sharply in the first quarter of 2016, as compared to the first quarter of 2015. Data from sales of the central Toronto neighbourhoods of Rosedale, Forest Hill, Lawrence Park and North Toronto-Midtown saw double digit price gains in Q1, 2016, from Q1, 2015.
According to statistics taken from the Toronto Real Estate Board (TREB), the average sale price for a house in these neighbourhoods rose from $1,540,982 in Q1, 2015 to $1,910,966 in Q1 2016 - a gain of 24%. The number of sales in each of the quarters stayed steady at 198 for Q1, 2015 and 188 for Q1, 2016. The sales-to-list price ratio was 105% in Q1, 2015 and 107% in Q1, 2016. These figures tell a story of some properties having two or more competing Buyers. In each quarter, the average number of days on market was 10. The quick turnaround time from listing to sale is an indicator of keen Buyer interest.
The average sale price of condominium apartments in these neighbourhoods rose from $585,722 in Q1, 2015 to $640,936 in Q1, 2016. The 9% increase is accompanied by the following days on market stats: 16 in Q1, 2015 and 17 in Q1, 2016. The sales-to-list price ratio hovered near 100% during both quarters. Sellers got their asking price, but competition for listings was minimal. The number of condominiums sold rose from 142 in Q1, 2015 to 179 in Q1, 2016.
Neighbourhoods adjoining Yonge Street from Bloor-Danforth to above Lawrence Avenue have formed the “core” of Toronto for many years. Homes in Rosedale, Forest Hill, Lawrence Park, and North Toronto-Midtown enjoy easy access to schools, transit and services. It’s no surprise that demand continues to outpace supply.