Leslieville Real Estate News: The Weir Team examines rising property values for Leslieville in downtown Toronto by Leslieville GTA real estate experts

 

The Weir Team helps real estate buyers and sellers all across the GTA and Durham Region. One area that we have a tremendous amount of experience with is the increasingly popular Toronto neighbourhood of Leslieville.

As well as helping our buyers win bidding wars for the Leslieville house of their dreams, we’ve also been very busy selling countless houses east of the DVP:

55 Kerr Road

102 Knox Avenue

159 Oakcrest Avenue

26 Alton Avenue

107 Ashdale Avenue

307 Woodfield Road

252 Woodfield Road

132 Ashdale Avenue

12 Walpole Avenue

345 Ashdale Avenue

109 Riverdale Avenue

98 Hiawatha Road

Located just to the east of Toronto’s downtown core, young couples and young families continue to eye this diverse area with hopes of calling it home. Real estate homeowners have seen property values in Leslieville skyrocket. But with that success comes the pain for many buyers who continue to lose bidding wars and cling to hope that they can still afford a detached or semi detached house in Leslieville.

Since Cameron Weir and Scott Hanton continue to help so many buyers find the perfect place in Leslieville, we thought it’d be a good idea to take a closer look at property values in specific pockets of Leslieville.

For example, north and south of Gerrard Street or east or west of Greenwood Avenue can all be better, worse, more valuable or less valuable for a variety of reasons.

Our fourth Leslieville neighbourhood to focus on will be the area west of Leslie, south of Queen, east of Carlaw and north of Eastern. (Properties on those four busy main streets are excluded from the calculations and are worthy of their own property value assessment for houses on busy main streets).

Within that quadrant, let’s examine property values for Marigold Avenue, Rushbrooke Avenue, Berkshire Avenue, Larchmount Avenue, Caroline Avenue, Winnifred Avenue, Pape Avenue and Heward Avenue.

From January 1 to November 30, 2015, according to the Toronto Real Estate Board’s MLS system:

-28 freehold properties were sold in this area by some of the best real estate agents in Leslieville

-the average selling price of all homes sold here was $725,693

-selling prices ranged from $537,000 for a 2 storey semi detached house in need of updating on Marigold Avenue to $975,000 for a beautifully renovated semi-detached 2-storey house on Winnifred Avenue with 1 car parking

-2 houses sold in this section of Leslieville were detached with an average selling price of $782,000

-22 houses sold were semi-detached with an average selling price of $721,796

-8 houses sold were on Berkshire Avenue with an average sale price of $716,375

-3 houses sold were on Caroline Avenue with an average sale price of $805,000

-4 houses sold were on Marigold Avenue with an average selling price of $620,500

-4 houses sold were on Winnifred Avenue with an average selling price of $774,500

So what sort of difference would it make if there were no parking or no basement? What about 2-storey versus 3-storey? One bathroom or two? Finished basement or only partially?

There are all sorts of factors at play when determining the value of your Leslieville house. Send us an email or give us a call today to find out how much The Weir Team could sell your house for. We’re trusted and proven with exceptional results in your Leslieville neighbourhood. Sell with confidence and buy with ease. Let us show you how.

Written by Scott Hanton, Real Estate Broker for The Weir Team. Proud to work with the best real estate agents in Leslieville and all across Toronto and Durham Region.

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