Leslieville Real Estate News: The Weir Team examines rising property values south of Queen Street East on McGee Street, Empire Avenue, Booth Avenue, Logan Avenue, Morse Street and Carlaw Avenue
The Weir Team is has years of experience helping real estate buyers and sellers all across the GTA and Durham Region. One area that we have a tremendous amount of history with is the increasingly popular east Toronto neighbourhoods of Riverside, Riverdale and Leslieville. If you’re looking to buy or sell a house here, find out why more and more people are contacting Cameron Weir and Scott Hanton.
Here are just a few of our recent area listings:
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. Homeowners who’ve lived in the area for decades have seen property values skyrocket. But with that success for sellers 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 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 for 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 sixth Leslieville neighbourhood to focus in on will be south of Queen Street East. These residential streets include McGee Street, Empire Avenue, Booth Avenue, Logan Avenue, Morse Street and Carlaw Avenue. This area is often referred to as South Riverdale as well.
From January 1 to November 30, 2015, according to the Toronto Real Estate Board’s MLS system:
-22 freehold properties were sold in this area by some of the best real estate agents in Leslieville, including our own listings
-the average selling price of all homes sold here was $784,860 in an average of 11 days on market
-selling prices ranged from $605,000 for a row house on Carlaw to $1,070,000 for a beautiful 3 storey house on Morse Street
-no houses sold in this section of Leslieville were detached during this period
-3 houses sold were on Booth Avenue with an average sale price of $811,371
-3 houses sold were on Carlaw Avenue with an average sale price of $634,000
-5 houses sold were on Empire Avenue with an average selling price of $739,065
-5 houses sold were on Logan Avenue with an average selling price of $794,538
-5 houses sold were on Morse Street with an average sale price of $862,558
So what sort of difference would it make if it were detached? Or 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 Toronto 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 neighbourhood. Sell with confidence and buy with ease. Let us show you how.
Written by Scott Hanton, Real Estate Broker for The Weir Team. Email Scott at Scott@TheWeirTeam.ca