Now we’re talking! If you’ve been following along this blog series, you know we’ve had slim pickings in the lower prices in prime neighbourhoods. The options and locations keep getting better, and if your budget was $800,000 in 2014, you had a good choice of houses and neighbourhoods. As of writing, in the central core (defined as south of Bloor, High Park to the Beach):

  • 296 homes were sold
  • Lots of bidding wars in this price range – the average house sold for 109% of asking
  • Lots more options west of Yonge in this price range – 132 to be exact!
  • Houses in the east side sold in an average of 11 days

Here’s a sampling of the kinds of houses $800,000 bought in 2014:

Victorian in prime Beaconsfield with double garage.
Leslieville duplex with stylish renovations.
4 bedroom home in High Park - perfect for the renovator!
Character home in Riverdale with basement apartment and 2 car parking.
South Annex Victorian with 3 bedrooms.

If you had an $800,000 budget for a condo, your options were SWEET! You got more square footage, better views and more in-demand buildings and locations.

  • 159 condos between $700,000-$800,000 sold as of writing
  • Sold prices were 98% of asking
  • Average days on market: 30 days

Here are the kinds of condos $800,000 bought you in 2014:

Over 1,400 sqft of authentic loft living near Leslieville.
Over 2,000 sqft of space in High Park on 2 levels.
Downtown townhouse with 3 bedrooms and over 900 sqft of private outdoor space.
Queen West living at Candy Factory! Almost 1,500 sqft of cool space.
Newer soft loft in Corktown with over 1,300 sqft.

 

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