Riverside Real Estate News: The Weir Team examines rising property values in Toronto’s Riverside neighbourhood

 

The Weir Team 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 side of Toronto. If you’re looking to buy or sell a house in Riverside or Riverdale or Leslieville, find out why more and more people are contacting Cameron Weir and Scott Hanton.

The Weir Team’s tailor-made Gold Package and amazing results speak for themselves.

Here are just a few of our recent area listings:

119 Craven Road

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

Contact us today for a free home evaluation if you’re considering selling.

Now, as for Riverside…

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 Riverside.

Since Cameron Weir and Scott Hanton help so many buyers find the perfect place on Toronto’s east side, we thought it’d be a good idea to take a closer look at property values for Riverside.

Let’s focus on sale prices for the final 6 months of 2015. The streets we’re looking at include: Boulton Avenue, Broadview Avenue, De Grassi Street, Hamilton Street, Lewis Street and Wardell Street.

From July 1 to December 31, 2015, according to the Toronto Real Estate Board’s MLS system:

-9 freehold properties were sold in this area by some of the best real estate agents in Riverside

-the average selling price of all homes sold here was $837,899 in an average of 20 days on market

-selling prices ranged from $926,000 for a small rowhouse to $1,050,000 for a gorgeous, renovated, large detached house

 

-2 houses sold in this section of Riverside were detached during this period

-4 houses sold were on Lewis Street with an average sale price of $774,500

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

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