Houses are selling like hotcakes in Toronto. But one thing’s for sure…
Houses are ridiculously expensive in the Greater Toronto Area compared to the rest of the world.
In fact, Toronto housing ranks came in recently from the past year.
CBRE, one of the biggest commercial real estate and investment firms in the world just released its annual report (Global Living 2019) on the top real estate markets in the world.
The report listed the highest priced cities for the past year, with Toronto landing in 12th place, in between Cape Town, South Africa (11th) and Sydney, Australia (13th).
Overall, in the last year, the average growth in Toronto house prices only raised by 1.5%.
This slowing is a good thing for you if you’re looking to buy soon, as it has released some pressure on those looking to upgrade their current home.It also can give some hope to those who are looking to finally get out of going from rental to rental. The time to catch up to the rising cost of housing is now.
The GTA (Greater Toronto Area) has seen a whopping 2,952 homes sold in the last 28 days with an average time on the market of just 16 days (according to Toronto MLS).
If you’re a homeowner looking to upgrade to a home with more space, that’s good news.
Over the past 28 days, the average house price of a detached home was $1.3 million.
If you’re wanting to upgrade your current home to something new, You can check out some toronto homes for sale, or have a look at this awesome list we’ve compiled including some hidden gems on the market between $900,000 to $1,500,000 in the Greater Toronto Area.
While most of them fall outside downtown Toronto, and in the surrounding suburbs, the homes on this list offer incredible value.
With the minimal 1.5% rise in housing prices over the past year, now is the chance for you to take advantage of the slowdown of the market while you have the opportunity.
If you’re wanting something with a bit more space for the kids (or grandkids), and are considering something in a safer neighbourhood, then there are several homes below you’ll want to check out.
Many of them have gorgeous modern designs, spacious balconies, multiple entries, roomy basement suites, and a wide open lawn to relax on (Summer’s just around the corner).
Here are 12 Stunning Toronto Homes Still On The Market In April 2019
1. 165 MIDLAND AVE: $ 1,389,000
|Approx. Square Ft.||3,800|
|Days on Market||14|
This custom built stunner has been on the market for 14 days and is about ready to burst.
It’s a luxurious Scarborough home built of brick and stone. Coming it at over 3800 square feet, it even features a 1500 square foot basement suite.
The exterior is just as intriguing as the interior. Lay back on the backyard patio during the Summer while the kids play in the spacious back yard.
2. 70 HOLMESDALE RD: $ 1,140,000
|Approx. Square Ft.||2,851|
|Days on Market||11|
If you’re wanting to upgrade to a brand new home with a modern brick exterior, this may just be the home for you.
This York semi-detached home features two double-entry doors: one set on the front entrance and one set on the back leading to separate patios.
This is the perfect home if you’re wanting the option to potentially rent out half your space in the future.
3. 2 HEPATICA ST: $1,199,900
|Approx. Square Ft.||2,800|
|Days on Market||64|
If you’re a golfer, then this gorgeous custom-built Scarborough home is your best bet.
This home includes a red-brick style exterior with classy white trim windows, a double garage and a finished basement suite.
Located just a 30 second drive away, is the Cedar Brae Golf Club… and at 64 days on the market, she won’t be available much longer.
4. 37 BEATH ST: $ 1,450,000
|Approx. Square Ft.||3,100|
|Days on Market||88|
If you’re wanting space for the kids in a safe and quiet neighbourhood, then this might be your dream home.
This home was built recently in a brand new cul-de-sac near the University of Toronto in Scarborough.
It offers an incredible 3,100 square feet (along with a 1500 square foot basement suite), a roomy 10-foot ceiling on the main floor, and a gourmet kitchen with luxurious quartz countertops.
5. 1745 LAWRENCE AVE W: $1,049,000
|Approx. Square Ft.||2,654|
|Days on Market||18|
At over 2,600 square feet, this beautiful red-brick style home has some attention.
Shopping centers, public transit, schools, parks, and a hospital come with this house.
It’s located in the heart of the Brookhaven-Amsbury community in North York in a perfect location for everything you’ll need.
6. 4A MIDBURN AVE: $950,000
|Approx. Square Ft.||2,400|
|Days on Market||22|
This interesting custom home in East York is still on the market after 22 days.
At 2,400 square foot, this stone-exterior home is bright, beautiful, and very unique. and custom made.
It’s fully equipped with an open concept main floor and a lavish master bedroom (with a secluded walkout patio) to lookout on the third floor.
WIth a walk score of 85, and a bike score of 75, this home is in an incredible location, ideal for the outdoorsy, fitness minded couple who loves their home with a modern twist.
7. 11 SERGIO MARCHI ST: $1,248,888
|Approx. Square Ft.||2,250|
|Days on Market||143|
Looking for a brand new home with 10-foot ceilings next to a golf course?
Then look no further.
This upscale home next to the Oakdale Golf & Country Club has been on the market for 143 days!
It features a modern grey-stone exterior on the front and a red-brick exterior on the back.
With a spacious backyard patio and lawn, and a Quartz island and breakfast bar in the custom-designed kitchen, this North York home has it all.