Create your dream condo at "The Dunvegan". Situated in the Casa Loma neighbourhood, this 2 bedroom, 1,152 square foot apartment awaits your renovation. The balcony runs the length of the apartment and looks south to trees and gardens. Floor to ceiling windows and walk-outs in the living room and master bedroom bring the outdoors in. So quiet, all you can hear are the bells of Timothy Eaton Memorial Church.
The Bridle Path and Sunnybrook, Toronto Real Estate Price Report
House Values in First Quarter, 2015
Average Sale Price
Days on Market
In the first quarter of 2015, the average sale price of a house in The Bridle Path and Sunnybrook (Toronto MLS district C12) rose by 16%, greatly outperforming the Toronto market as a whole. The number of days each property was listed on the market plunged by 28%.
These somewhat startling numbers should be placed in their context. The Bridle Path and Sunnybrook had only 13 sales in the first quarter of 2014, and 22 in 2015. Both areas are luxury neighbourhoods, characterized by large lots and high-end houses. Fewer homes are listed for sale each quarter as compared with higher density areas. With such a small sampling, even one or two trades can make a great difference in the percentages.
With that in mind, the number of days a house spent on the market decreased from 18 to 13. This year's Q1 sales-to-list-price ratio of 102%, up 5% from last year, shows Buyer eagerness, and willingness to compete. So far in 2015, demand for properties in these luxury neighbourhoods has once again outstripped supply.
The sale of 25 Scrivener Square, #1007, as featured in the Toronto Star.
"There were many factors that contributed to this fast sale. Some of those factors include a wrap-around terrace with a gas barbecue, three French door walkouts, direct ..."