Scott Hanton, Full-Service East York Listing Agent

A look back at E03 Toronto Real Estate Selling Prices January and February 2019.

The months of January and February 2019 were rather slow weeks for those buying and selling a freehold house in the E03 real estate zone in Toronto.

This real estate zone is comprised of the neighbourhoods of Broadview North, Crescent Town, Danforth, Danforth Village-East York, East York, O’Connor-Parkview, Playter Estates-Danforth and Woodbine-Lumsden.

There were 66 successful real estate sales of freehold homes according to the MLS system.

The most expensive sale was for $2,820,000 on Glenwood Terrace for a rare ravine lot home after 8 days on the market. 

Other streets in this area that saw houses selling during January and February 2019 were: Aldwych Ave List:$1,199,000 Sold:$1,388,150, Athlone Rd List:$799,900 Sold:$860,000, Barker Ave List:$680,000 Sold:$670,000, Beechwood Dr List:$1,588,000 Sold:$1,540,000, Browning Ave List:$1,199,000 Sold:$1,500,000, Cambridge Ave List:$889,000 Sold:$1,100,000, Cedarvale Ave List:$1,248,000 Sold:$1,150,000, Coleridge Ave List:$1,289,000 Sold:$1,500,000, Denton Ave List:$689,000 Sold:$725,000, Dewhurst Blvd List:$999,000 Sold:$1,265,000, Dewhurst Blvd List:$1,048,000 Sold:$1,039,000, Dieppe Rd List:$1,749,800 Sold:$1,675,000, Dunkirk Rd List:$1,750,000 Sold:$1,700,000, Dunkirk Rd List:$798,000 Sold:$911,000, Eastmount Ave List:$1,100,000 Sold:$1,130,000, Everett Cres List:$1,299,000 Sold:$1,316,000, Frater Ave List:$749,900 Sold:$855,000, Fulton Ave List:$1,299,000 Sold:$1,490,000, Fulton Ave List:$1,049,000 Sold:$1,300,000, Furnival Rd List:$1,395,000 Sold:$1,350,000, Furnival Rd List:$699,000 Sold:$850,000, Glebemount Ave List:$1,299,900 Sold:$1,376,000, Glebemount Ave List:$749,000 Sold:$911,000, Glenburn Ave List:$699,900 Sold:$855,000, Glenwood Terr List:$2,850,000 Sold:$2,820,000, Gough Ave List:$1,495,000 Sold:$1,437,000, Gower St List:$999,000 Sold:$935,000, Greenwood Ave List:$949,999 Sold:$940,000, Greenwood Ave List:$799,000 Sold:$810,000, Greenwood Ave List:$799,000 Sold:$745,500, Greenwood Ave List:$739,000 Sold:$708,000, Hutton Ave List:$899,000 Sold:$1,161,000, Inwood Ave List:$1,058,000 Sold:$1,022,500, King Edward Ave List:$625,000 Sold:$560,000, Kings Park Blvd List:$1,100,000 Sold:$1,050,000, Lankin Blvd List:$799,000 Sold:$990,000, Lankin Blvd List:$799,900 Sold:$990,000, Leander Crt List:$2,488,000 Sold:$2,488,000, Lesmount Ave List:$649,000 Sold:$770,000, Lumsden Ave List:$599,000 Sold:$811,000, Lumsden Ave List:$650,000 Sold:$625,000, Meighen Ave List:$599,000 Sold:$595,000, Midburn Ave List:$850,000 Sold:$1,100,000, Milton Rd List:$799,000 Sold:$1,000,000, Muriel Ave List:$999,000 Sold:$1,240,000, Nealon Ave List:$1,325,000 Sold:$1,460,000, O'connor Dr List:$899,900 Sold:$1,025,000, O'connor Dr List:$999,000 Sold:$950,000, O'connor Dr List:$795,000 Sold:$755,625, Queensdale Ave List:$879,000 Sold:$970,000, Sammon Ave List:$779,000 Sold:$880,000, St Clair Ave E Ave List:$633,000 Sold:$588,000, St. Clair Ave E List:$1,499,000 Sold:$1,479,000, Strathmore Blvd List:$1,565,000 Sold:$1,470,000, Strathmore Blvd List:$749,900 Sold:$898,000, Thyra Ave List:$799,000 Sold:$805,000, Westview Blvd List:$699,900 Sold:$847,000, Westview Blvd List:$699,900 Sold:$840,000, Westwood Ave List:$999,900 Sold:$1,200,000, Wolverleigh Blvd List:$899,000 Sold:$1,065,100, Woodmount Ave List:$1,499,000 Sold:$1,620,000, Woodmount Ave List:$898,000 Sold:$1,120,000, Woodmount AveList:$899,900 Sold:$1,050,000, Woodmount Ave List:$729,900 Sold:$870,000, and Woodville Ave List:$999,000 Sold:$1,200,000.

The average selling price of a house in Toronto’s E03 real estate zone was $1,113,589 during the months of January and February 2019. The average time it took to sell a house was 16 days on the market.

Most houses sold in this area were detached houses (48 of them). 

All real estate data and statistics were provided by Toronto MLS for the months of January and February 2019.

A look back at E03 Toronto Real Estate Statistics July 2019.

The month of July 2019 was a somewhat busy busy time for those hiring a real estate agent to help them buy a property in Toronto and for those who chose a listing agent to help them sell a freehold house in the E03 real estate zone in Toronto.

This real estate zone is comprised of the neighbourhoods of Broadview North, Crescent Town, Danforth, Danforth Village-East York, East York, O’Connor-Parkview, Playter Estates-Danforth and Woodbine-Lumsden.

There were 62 successful real estate sales of freehold homes according to the MLS system.

The most expensive sale was for $2,200,000 on Presteign Avenue in the O’Connor-Parkview zone for a 4+1 bedroom detached house after 42 days on the market. 

Other streets in this area that saw houses selling during July 2019 were: Woodington Ave List:$899,000 Sold:$1,125,000, Woodbine Ave List:$735,000 Sold:$730,000, Woodbine Ave List:$719,900 Sold:$715,000, Woodbine Ave List:$749,900 Sold:$715,000, Wolverleigh Blvd List:$799,000 Sold:$866,000, Westwood Ave List:$629,900 Sold:$629,900, Torrens Ave List:$1,089,900 Sold:$1,078,000, Torrens Ave List:$949,000 Sold:$990,000, Torrens Ave List:$699,000 Sold:$720,000, Strathmore Blvd List:$899,000 Sold:$1,125,000, Strathmore Blvd List:$899,000 Sold:$1,110,000, St Clair Ave E List:$599,900 Sold:$660,000, Squires Ave List:$759,000 Sold:$718,000, Springdale Blvd List:$779,000 Sold:$910,000, Springdale Blvd List:$749,000 Sold:$810,000, Sammon Ave List:$699,900 Sold:$810,000, Roosevelt Rd List:$875,000 Sold:$860,000, Ravenwood Pl List:$1,259,000 Sold:$1,190,000, Queensdale Ave List:$849,000 Sold:$990,017, Presteign Ave List:$2,299,000 Sold:$2,200,000, Oak Park Ave List:$799,000 Sold:$900,000, O'connor Dr List:$639,000 Sold:$639,000, Mortimer Ave List:$1,559,000 Sold:$1,490,000, Milverton Blvd List:$1,099,000 Sold:$1,060,000, Milverton Blvd List:$849,000 Sold:$996,000, Meighen Ave List:$749,900 Sold:$744,900, Marlow Ave List:$624,900 Sold:$630,000, Lumsden Ave List:$949,900 Sold:$940,000, Lumsden Ave List:$599,000 Sold:$650,000, Logan Ave List:$949,000 Sold:$1,150,000, Linsmore Cres List:$1,099,000 Sold:$1,067,500, King Edward Ave List:$790,000 Sold:$784,000, Hopedale Ave List:$879,000 Sold:$920,000, Holborne Ave List:$1,149,000 Sold:$1,112,500, Holborne Ave List:$699,000 Sold:$735,000, Greenwood Ave List:$950,999 Sold:$1,189,999, Gowan Ave List:$1,299,000 Sold:$1,257,000, Gowan Ave List:$799,999 Sold:$801,000, Glenwood Cres  List:$879,000 Sold:$880,000, Glen Albert Dr List:$1,199,000 Sold:$1,190,000, Glebemount Ave List:$799,000 Sold:$985,000, Glebemount Ave List:$1,099,000 Sold:$980,000, Gatwick Ave List:$1,489,000 Sold:$1,430,000, Furnival Rd List:$1,199,999 Sold:$1,200,000, Ferncliff Crt List:$1,275,000 Sold:$1,280,000, Eldon Ave List:$899,000 Sold:$860,000, Eaton Ave List:$1,699,900 Sold:$1,650,000, Eaton Ave List:$899,000 Sold:$845,000, Dunkirk Rd List:$799,000 Sold:$850,000, Coxwell Ave List:$970,000 Sold:$945,000, Cosburn Ave List:$899,000 Sold:$1,010,000, Coleridge Ave List:$599,000 Sold:$785,000, Coleridge Ave List:$769,900 Sold:$745,000, Chisholm Ave List:$899,000 Sold:$1,025,000, Chisholm Ave List:$849,900 Sold:$952,000, Cedarcrest Blvd List:$749,900 Sold:$780,000, Cambridge Ave List:$899,000 Sold:$1,060,000, Cambrai Ave List:$899,000 Sold:$950,000, Caithness Ave List:$1,200,000 Sold:$1,175,000, Broadview Ave List:$1,575,000 Sold:$1,220,000, Bracebridge Ave List:$2,100,000 Sold:$2,100,000, and Barker Ave List:$1,008,888 Sold:$980,000.

The average selling price of a house in Toronto’s E03 real estate zone was $998,320 during the month of July 2019. The average time it took to sell a house was 15 days on the market.

Most houses sold in this area were detached houses (35 of them). 

All real estate data and statistics were provided by Toronto MLS for the month of July 2019.

Should I list my East York house for sale in the spring? How does it compare to the rest of the year for selling a house? Take a look at these spring results:  

A look back at E03 Toronto Real Estate Statistics April 2018

The month of April 2018 was another competitive one for those buying and selling a freehold house in the E03 real estate zone in Toronto.

This real estate zone is comprised of the neighbourhoods of Broadview North, Crescent Town, Danforth, Danforth Village-East York, East York, O’Connor-Parkview, Playter Estates-Danforth and Woodbine-Lumsden.

There were 63 successful real estate sales of freehold homes.

The most expensive property sold was for $1,855,000 on Ellerbeck Street in Playter Estates-Danforth, and sold firm in a bidding war after 7 days on the market.

Other streets in East York that saw houses selling during April 2018 were Eldon Ave - Marketing Strategy Listing Price on Realtor.ca: $429,000 - Toronto Buyer’s Winning Offer Price: $450,000, Cosburn Ave List:$649,900 - Toronto Buyer’s Winning Offer Price: $635,900, Midburn Ave List:$699,900 - Toronto Buyer’s Winning Offer Price: $699,000, Broadview Ave List:$699,900 - Toronto Buyer’s Winning Offer Price: $705,000, Milverton Blvd List:$639,900 - Toronto Buyer’s Winning Offer Price: $725,000, Woodbine Ave List:$599,000 - Toronto Buyer’s Winning Offer Price: $728,000, Cedarcrest Blvd List:$749,000 - Toronto Buyer’s Winning Offer Price: $740,000, Squires Ave List:$749,000 - Toronto Buyer’s Winning Offer Price: $748,000, Cosburn Ave List:$749,900 - Toronto Buyer’s Winning Offer Price: $755,000, Gardens Cres List:$749,900 - Toronto Buyer’s Winning Offer Price: $768,000, Mortimer Ave List:$649,900 - Toronto Buyer’s Winning Offer Price: $780,000, Orley Ave List:$769,900 - Toronto Buyer’s Winning Offer Price: $780,000, Halsey Ave List:$699,000 - Toronto Buyer’s Winning Offer Price: $806,000, Mortimer Ave List:$849,000 - Toronto Buyer’s Winning Offer Price: $820,000, Gardens Cres List:$749,900 - Toronto Buyer’s Winning Offer Price: $820,500, Holland Ave List:$699,000 - Toronto Buyer’s Winning Offer Price: $825,000, Woodington Ave List:$689,000 - Toronto Buyer’s Winning Offer Price: $827,000, Sammon Ave List:$839,000 - Toronto Buyer’s Winning Offer Price: $840,000, Rosevear Ave List:$649,000 - Toronto Buyer’s Winning Offer Price: $841,000, Frater Ave List:$849,000 - Toronto Buyer’s Winning Offer Price: $855,000, Greenwood Ave List:$699,900 - Toronto Buyer’s Winning Offer Price: $860,000, Donlands Ave List:$898,000 - Toronto Buyer’s Winning Offer Price: $865,000, Amsterdam Ave List:$939,000 - Toronto Buyer’s Winning Offer Price: $867,000, Cedarvale Ave List:$688,000 - Toronto Buyer’s Winning Offer Price: $875,000, Inwood Ave List:$699,000 - Toronto Buyer’s Winning Offer Price: $900,000, Mortimer Ave List:$948,800 - Toronto Buyer’s Winning Offer Price: $942,500, Pape Ave List:$699,000 - Toronto Buyer’s Winning Offer Price: $950,000, Thyra Ave List:$759,000 - Toronto Buyer’s Winning Offer Price: $950,000, Leroy Ave List:$699,000 - Toronto Buyer’s Winning Offer Price: $951,000, Roosevelt Rd List:$799,000 - Toronto Buyer’s Winning Offer Price: $975,000, Galbraith Ave List:$895,000 - Toronto Buyer’s Winning Offer Price: $975,000, Four Oaks Gate List:$899,000 - Toronto Buyer’s Winning Offer Price: $985,000, Muriel Ave List:$899,000 - Toronto Buyer’s Winning Offer Price: $1,068,000, Glenwood Cres List:$989,000 - Toronto Buyer’s Winning Offer Price: $1,070,000, Rosevear Ave List:$829,900 - Toronto Buyer’s Winning Offer Price: $1,071,000, Milverton Blvd List:$899,000 - Toronto Buyer’s Winning Offer Price: $1,090,000, Coleridge Ave List:$1,115,000 - Toronto Buyer’s Winning Offer Price: $1,095,000, Dilworth Cres List:$1,099,999 - Toronto Buyer’s Winning Offer Price: $1,099,999, Ferris Rd List:$998,000 - Toronto Buyer’s Winning Offer Price: $1,100,000, Monarch Park Ave List:$899,000 - Toronto Buyer’s Winning Offer Price: $1,100,100, Milverton Blvd List:$889,000 - Toronto Buyer’s Winning Offer Price: $1,111,000, Woodington Ave List:$895,000 - Toronto Buyer’s Winning Offer Price: $1,112,888, Woodbine Heights Blvd List:$899,000 - Toronto Buyer’s Winning Offer Price: $1,125,000, Westwood Ave List:$1,250,000 - Toronto Buyer’s Winning Offer Price: $1,125,000, Adair Rd List:$1,198,800 - Toronto Buyer’s Winning Offer Price: $1,135,000, Adair Rd List:$1,179,888 - Toronto Buyer’s Winning Offer Price: $1,160,000, Monarch Park Ave List:$825,000 - Toronto Buyer’s Winning Offer Price: $1,170,000, Glebeholme Blvd List:$949,800 - Toronto Buyer’s Winning Offer Price: $1,200,000, Monarch Park Ave List:$1,350,000 - Toronto Buyer’s Winning Offer Price: $1,270,000, Rexleigh Dr List:$1,200,000 - Toronto Buyer’s Winning Offer Price: $1,271,000, Gledhill Ave List:$1,089,000 - Toronto Buyer’s Winning Offer Price: $1,300,000, Galbraith Ave List:$1,378,888 - Toronto Buyer’s Winning Offer Price: $1,310,000, Denvale Rd List:$1,249,000 - Toronto Buyer’s Winning Offer Price: $1,330,000, Arundel Ave List:$1,099,000 - Toronto Buyer’s Winning Offer Price: $1,351,000, Glenwood Cres List:$1,199,000 - Toronto Buyer’s Winning Offer Price: $1,351,000, Ferrier Ave List:$995,000 - Toronto Buyer’s Winning Offer Price: $1,352,000, Mortimer Ave List:$1,238,000 - Toronto Buyer’s Winning Offer Price: $1,355,000, Fulton Ave List:$1,099,000 - Toronto Buyer’s Winning Offer Price: $1,415,000, Holborne Ave List:$1,499,000 - Toronto Buyer’s Winning Offer Price: $1,499,000, Nealon Ave List:$1,499,000 - Toronto Buyer’s Winning Offer Price: $1,738,000, Ferrier Ave List:$1,849,000 - Toronto Buyer’s Winning Offer Price: $1,750,000, Carlaw Ave List:$1,499,000 - Toronto Buyer’s Winning Offer Price: $1,823,000, and Ellerbeck St List:$1,795,000 - Toronto Buyer’s Winning Offer Price: $1,855,000.

The average selling price of a house in Toronto’s E03 real estate zone was $1,048,363 during the month of April 2018. The average time it took to sell a house was 9 days on the market.

Most houses sold in this area were detached houses (43 detached houses). 

All real estate data and statistics were provided for the month of April 2018, which give you exact selling prices for those putting their East York house on the market in the spring.

Real estate transactions can be complex, and it is important to have a skilled professional to guide you through the process. When it comes to buying or selling a home in East York, Ontario, it is essential to have a trustworthy and knowledgeable real estate agent on your side. In this article, we will discuss the qualities and skills that make the best real estate agents in East York.

Local Market Knowledge

One of the most important qualities of a successful real estate agent is a deep understanding of the local market. The best agents have a comprehensive knowledge of the East York area, including neighbourhoods, schools, transportation, and amenities. This knowledge allows them to give their clients accurate and informed advice when it comes to buying or selling a home in the area. The ability to provide detailed insights into the local real estate market can help clients make informed decisions about their real estate transactions.

Communication Skills

Effective communication is crucial for any real estate agent. The best agents are adept at communicating with their clients, as well as with other agents, lenders, lawyers, and other professionals involved in a real estate transaction. They are skilled at keeping their clients informed and updated throughout the process, and are able to explain complex terms and concepts in a way that is easy to understand. Good communication skills help to build trust and establish strong relationships with clients.

Negotiation Skills

Negotiation is a critical aspect of any real estate transaction. The best agents have strong negotiation skills and are able to advocate on behalf of their clients to get the best possible deal. Negotiation involves a deep understanding of the local market, the property, and the parties involved in the transaction. It also requires effective communication, problem-solving skills, and the ability to think creatively to find mutually beneficial solutions.

Attention to Detail

Real estate transactions involve a lot of paperwork, contracts, and legal documents. The best agents are meticulous and detail-oriented when it comes to reviewing and managing these documents. They are also skilled at identifying potential issues or discrepancies and resolving them before they become bigger problems. This attention to detail ensures that transactions proceed smoothly and without any hiccups.

Professionalism

Professionalism is a key trait of the best real estate agents. They conduct themselves with integrity, honesty, and respect, and always put the best interests of their clients first. They are responsive to their clients’ needs and concerns, and are always available to answer questions and provide guidance. Professionalism also includes dressing appropriately, being punctual, and following through on commitments.

Marketing Skills

Effective marketing is essential for selling a property in East York. The best agents have a deep understanding of the local market and are able to create effective marketing strategies that target the right buyers. They use a variety of marketing channels, including online listings, social media, print ads, and open houses, to attract potential buyers. They are also skilled at showcasing the unique features and benefits of a property to potential buyers.

Problem-Solving Skills

Real estate transactions can be complex and often involve unexpected challenges. The best agents are skilled at problem-solving and are able to think creatively to find solutions to these challenges. They are able to anticipate potential issues and come up with strategies to mitigate them before they become problems. They are also able to navigate difficult situations with professionalism and diplomacy.

Patience and Persistence

Buying or selling a property in East York can be a long and sometimes frustrating process. The best agents are patient and persistent, and are able to stay focused and motivated throughout the process. They understand that the real estate market can be unpredictable, and are willing to put in the time and effort to get the best results for their clients.

The qualifications that realtors in Toronto's East York neighbourhood should have to be considered the best East York real estate agent:

1. Licensing and Certification: The first requirement for a real estate agent to operate in Ontario is to obtain a valid license from the Real Estate Council of Ontario (RECO). A licensed real estate agent must complete pre-licensing courses, pass the licensing exam, and meet ongoing educational requirements. Additionally, they may also have other certifications, such as Accredited Buyer's Representative (ABR) or Certified Residential Specialist (CRS).
2. Market Knowledge: A top-performing East York real estate agent should possess extensive market knowledge and expertise. They should understand the trends, pricing, and regulations of the local real estate market, and provide their clients with relevant data and insights that help them make informed decisions. A realtor who has a deep understanding of the market can help their clients buy or sell properties at the best possible price, which leads to satisfied clients and referrals.
3. Professionalism: Being professional means having a positive attitude, being punctual, dressing appropriately, and having excellent communication skills. It also means following up with clients promptly and being transparent in all dealings. A professional real estate agent inspires trust and confidence in their clients, which leads to a strong working relationship and ultimately results in successful transactions.
4. Honesty and Integrity: Honesty and integrity are two traits that are highly valued by clients. A favourite East York real estate agent should always put their client's interests first and be honest in their dealings. They should not withhold information or misrepresent facts to make a sale. An honest realtor builds trust with their clients, which leads to long-term relationships and referrals.
5. Negotiation Skills: Negotiation skills are essential for a real estate agent to become everyone's favourite. Top-performing realtors know how to negotiate deals that benefit their clients while ensuring that all parties are satisfied with the outcome. They can find common ground and bridge gaps between buyers and sellers, leading to successful transactions.
6. Communication Skills: Effective communication skills are essential for a real estate agent to succeed in the industry. A top-performing East York real estate agent should be an excellent listener and be able to articulate their thoughts clearly and concisely. They should also be able to adapt their communication style to suit their clients' preferences and needs.
7. Attention to Detail: Attention to detail is crucial for a real estate agent to become everyone's favourite. They should pay close attention to every detail of the transaction, from pricing and documentation to marketing and advertising. A realtor who is meticulous in their work can avoid costly mistakes and ensure a smooth transaction for their clients.
8. Flexibility: A favourite East York real estate agent should be able to adapt to changing market conditions and client needs. They should be able to adjust their strategies to suit the needs of their clients, which leads to successful transactions and satisfied clients.
9. Positive Attitude: A positive attitude is infectious and can inspire confidence in clients. An East York real estate agent who maintains a positive attitude, even in challenging situations, can help their clients navigate the stress of buying or selling a property. They should be optimistic, upbeat, and able to keep their clients motivated throughout the transaction.

In conclusion, the best East York real estate agent should possess a combination of licensing and certification, market knowledge, professionalism, honesty and integrity, negotiation skills, communication skills, attention to detail, flexibility, and a positive attitude. They should be able to meet their clients' needs while ensuring a successful transaction.

Toronto's East York neighbourhood is a popular area for first-time buyers due to its convenient location, diverse communities, and relative affordability compared to other areas of the city. However, with the current state of Toronto's real estate market, the competition for first-time buyers in East York is intense. In this guide, we will discuss the competitive nature of the East York real estate market for first-time buyers, using examples from Toronto media.

1. High Demand and Low Inventory

One of the primary reasons for the intense competition in East York's real estate market is the high demand for properties in the area. East York is a popular neighbourhood due to its convenient location, family-friendly atmosphere, and relative affordability compared to other areas of the city.

According to a recent article in the Toronto Star, the demand for homes in East York has far outstripped the available inventory, leading to multiple offers on many properties. This high demand and low inventory have created a highly competitive market where first-time buyers must act quickly and decisively to secure a property.

1. Bidding Wars

The competitive nature of the East York real estate market has led to an increase in bidding wars on properties. According to a recent article in Toronto Life, bidding wars have become commonplace in the East York neighbourhood, with some properties receiving multiple offers within hours of being listed.

This intense competition has made it difficult for first-time buyers to secure a property within their budget, as they may be outbid by other buyers with more financial resources.

1. The Impact of COVID-19

The COVID-19 pandemic has also had an impact on the East York real estate market, with many buyers looking for larger homes with outdoor space due to the pandemic's restrictions.

According to an article in the Globe and Mail, the pandemic has led to an increase in demand for larger homes and properties with outdoor space, driving up prices in the East York neighbourhood. This increase in demand has made it even more challenging for first-time buyers to enter the market and secure a property.

1. Creative Strategies

The intense competition in East York's real estate market has led some first-time buyers to adopt creative strategies to secure a property, especially when they are working with the best East York real estate agents. According to a recent article in BlogTO, some buyers are submitting "love letters" to sellers, outlining their interest in the property and why they believe they would be a good fit for the neighbourhood.

Other buyers are waiving inspection conditions and making all-cash offers to increase their chances of securing a property in a highly competitive market.

East York  in Toronto is a highly competitive area for first-time buyers due to its popularity, low inventory, bidding wars, and impact of the COVID-19 pandemic. Buyers must act quickly and creatively to secure a property in this highly competitive market with the expertise of the best real estate agent in East York. However, with the right approach and guidance from a knowledgeable real estate agent, it is still possible for first-time buyers to find a home in this desirable neighbourhood.

The best real estate agents play a crucial role for sellers in Toronto's East York neighbourhood during a bidding war. A bidding war occurs when multiple buyers are interested in a property, and they make competing offers to purchase the property. In East York, where the real estate market is highly competitive, bidding wars are not uncommon. Top rated real estate agents can help sellers navigate the bidding war process and achieve the best possible outcome. In this essay, we will explore the role of real estate agents in East York during a bidding war and how they can help sellers.

The first way in which real estate agents can help sellers in East York during a bidding war is by setting the right asking price. The asking price is the initial price that the seller lists the property for sale. If the asking price is too low, it can attract multiple buyers, leading to a bidding war. On the other hand, if the asking price is too high, it may discourage potential buyers from making an offer. An experienced real estate agent who is familiar with the East York market can help the seller set the right asking price by conducting a comparative market analysis. This analysis involves looking at similar properties in the neighbourhood that have sold recently and using that information to determine the fair market value of the property.

Another way in which the finest real estate agents can help sellers in East York during a bidding war is by creating a sense of urgency. Real estate agents can create a sense of urgency by using marketing techniques that encourage potential buyers to act quickly. For example, an agent may advertise the property as having an upcoming open house or suggest that the seller will only consider offers for a limited time. By creating a sense of urgency, first-rate real estate agents can encourage potential buyers to submit their best offer quickly, which can lead to a bidding war.

Leading real estate agents can also help sellers in East York during a bidding war by managing the offer process. When multiple buyers submit offers, it can be overwhelming for the seller to manage and compare them. An experienced real estate agent can help the seller by managing the offer process and presenting the offers in a clear and organized manner. The outstanding agent can also help the seller compare the offers and determine which one is the most favourable.

In addition to managing the offer process, the best real estate agents can also help sellers in East York during a bidding war by negotiating on their behalf. Negotiating with potential buyers can be stressful and emotional, and it can be difficult for a seller to remain objective. A perfect real estate agent who is experienced in bidding wars can negotiate on behalf of the seller, taking emotions out of the equation and ensuring that the seller gets the best possible outcome.

Outstanding real estate agents can also help sellers in East York during a bidding war by providing advice on offer conditions. When buyers submit offers, they may include conditions such as financing or home inspection. Premium real estate agents can advise the seller on which conditions are reasonable and which ones could potentially delay or derail the sale. For example, if a buyer includes a condition that the sale is contingent on the sale of their current home, this could delay the sale of the seller's property. An experienced real estate agent can advise the seller on how to navigate offer conditions to ensure a smooth and timely sale.

Finally, the best real estate agents can help sellers in East York during a bidding war by ensuring that the sale closes smoothly. Once the seller has accepted an offer, there are still many steps that need to be taken before the sale can be finalized. An experienced real estate agent can manage the closing process, ensuring that all necessary paperwork is completed, and that the sale closes on time.

In conclusion, the best real estate agents play a crucial role for sellers in Toronto's East York neighbourhood during a bidding war. They can help sellers set the right asking price, create a sense of urgency, manage the offer process, negotiate on their behalf, provide advice on offer conditions, and get get the job done perfectly.

Curb appeal is a crucial aspect of selling a home. It refers to the visual appeal of a property when viewed from the street or sidewalk. A home with strong curb appeal can create a positive first impression, attract potential buyers, and even increase the value of the property. The best East York realtors play a significant role in advising their clients on the importance of curb appeal and providing guidance on how to enhance it. In this article, we will discuss the advice from realtors on the importance of your home's curb appeal.

Make a Good First Impression

A home's curb appeal can make or break a potential buyer's first impression. When a buyer arrives at a property, the first thing they see is the exterior of the home. If the home has poor curb appeal, it can turn off potential buyers before they even set foot inside the property. As such, the best East York realtors advise their clients to make a good first impression by enhancing their home's curb appeal.

The smartest East York realtors suggest that homeowners should consider simple upgrades such as fresh coats of paint, landscaping, and fixing any visible wear and tear. Investing in curb appeal can significantly improve the attractiveness of the property and make it stand out from others on the market.

Increase the Value of the Property

A home's curb appeal can also impact its value. If a home has excellent curb appeal, it can create a strong first impression and potentially increase the value of the property. On the other hand, if the property has poor curb appeal, it can lower the value of the home and make it less attractive to potential buyers.

Prized East York realtors advise their clients to consider investing in enhancing the curb appeal of their home, as it can have a significant impact on the home's value. Simple upgrades such as painting, landscaping, and fixing any visible wear and tear can significantly improve the value of the property.

Stand Out from the Competition

When selling a home, there is always competition from other properties on the market. The best East York realtors advise their clients to enhance their home's curb appeal to stand out from the competition. A home with strong curb appeal can attract more potential buyers and increase the chances of a successful sale.

The finest East York realtors suggest that homeowners should consider upgrades that can make their property stand out from the competition, such as installing new windows, adding a unique front door, or adding landscaping. These upgrades can create a unique and attractive appearance, making the property more memorable to potential buyers.

Attract the Right Buyers

Enhancing a home's curb appeal can also attract the right buyers. A home with excellent curb appeal can attract buyers who are looking for a well-maintained and attractive property. By creating a strong first impression, homeowners can attract buyers who are willing to pay top dollar for a home that meets their needs.

The best of the best East York realtors suggest that homeowners should consider the needs of potential buyers when enhancing their home's curb appeal. For example, if the neighbourhood attracts young families, then having a well-maintained lawn and a welcoming entrance can be a significant selling point.

Create a Positive Atmosphere

A home with strong curb appeal can create a positive atmosphere. It can make the property feel more welcoming and inviting, creating a positive vibe for potential buyers. The top ranking East York realtors advise their clients to enhance their home's curb appeal to create a positive atmosphere that can attract more potential buyers.

The highest ranked East York realtors suggest that homeowners should consider upgrades that can create a positive atmosphere, such as adding flowers and plants to the front yard, painting the front door a bright colour, or adding outdoor lighting. These upgrades can make the property feel more welcoming and create a positive atmosphere that can attract more potential buyers, thanks to the best East York realtors.

Let's take a look at what happened in the E03 real estate zone in Toronto last September. It was definitely an active month for buyers and sellers of freehold houses! This area includes the neighbourhoods of Broadview North, Crescent Town, Danforth, Danforth Village-East York, East York, O'Connor-Parkview, Playter Estates-Danforth and Woodbine-Lumsden.

According to the MLS system, there were 58 successful real estate sales of freehold homes during September 2022. Wow! 

The most expensive house sold for $3,025,000 on Glen Albert Drive (it was listed for $3,150,000). 

Other streets in the area that saw houses selling included Yardley Avenue ($840,000), Woodmount Avenue ($1,200,000), Woodbine Avenue ($1,050,000), Wolverleigh Blvd ($1,147,000), Westlake Avenue ($1,350,000), Torrens Avenue ($970,000), Tiago Avenue ($965,000), Strathmore Blvd ($1,655,000), St Hubert Ave ($2,395,000), Squires Avenue ($1,200,000), Springdale Blvd ($1,125,000), Sibley Avenue ($680,000), Sammon Avenue ($1,430,000), Queensdale Avenue ($1,085,000), Pape Avenue ($1,185,000), Orley Avenue ($875,000), Norlong Blvd ($2,470,000), Newman Avenue ($975,000), Nealon Avenue ($1,550,000), Mortimer Avenue ($1,184,000), Milverton Blvd ($1,330,000), Meighen Avenue ($1,250,000), Main Street ($1,200,000), Logan Avenue ($1,720,000), Linnsmore Crescent ($1,475,000), Leroy Avenue ($1,580,000), Lankin Blvd ($1,225,000), Kimbourne Avenue ($1,035,000), Joanith Drive ($2,450,000), Holborne Avenue ($992,500), Greenwood Avenue ($960,000), Gowan Avenue ($1,471,000), Glencrest Blvd ($1,850,000), Glen Albert Drive ($3,025,000), Gardens Crescent ($1,330,000), Ferris Road ($1,331,000), Donlands Avenue ($1,365,000), Don Valley Drive ($2,185,000), Dewhurst Blvd ($1,150,000), Derwyn Road ($950,000), Davies Crescent ($1,150,000), Coxwell Avenue($1,962,000), Cosburn Avenue ($951,000), Coleridge Avenue ($1,025,000), Chisholm Avenue ($1,275,000), Cedarvale Avenue ($992,000), Cambrai Avenue ($965,000), and Barker Avenue ($1,854,000).

Now, if you're looking for more affordable options, there were some great options as well. The least expensive streets in this Toronto real estate zone with houses selling for less than $1,200,000 were Sibley Ave, Strathmore Blvd, Yardley Ave, Pape Ave, Glencrest Blvd, Orley Ave, Derwyn Ave, Cosburn Ave, Tiago Ave, Cambrai Ave, Torrens Ave, Newman Ave, Springdale Blvd, Cedarvale Ave, Holborne Ave, Colridge Ave, Kimbourne Ave, Woodbine Ave, Main St, Queensdale Ave, Woodmount Ave, Wolverleigh Blvd, Dewhurst Blvd, Davies Cres, Mortimer Ave, and Pape Ave.

A look back at E01 Broadview North,  EAST YORK, Toronto Real Estate Market -Selling Prices and Property Values – All of 2022

The year 2022 was a busy time for those buying and selling a freehold house in the E03 Broadview North real estate zone in Toronto's East York.

There were 38 successful real estate sales of freehold homes according to the MLS system.

The most expensive house sold was for $3,650,000 on Nealon Avenue for a 2-storey, 4+1 bedroom detached house after 3 days on the market by a winning bully bid, or preemptive offer.

Starting with the most affordable streets, other streets in this East York area that saw houses selling during 2022 were Carlaw Ave List:$899,000 Sold:$960,000, Torrens Ave List:$929,000 Sold:$970,000, Pape Ave List:$899,000 Sold:$999,900, Broadview Ave List:$1,090,000 Sold:$1,000,000, Woodville Ave List:$899,900 Sold:$1,050,000, Woodville Ave List:$999,900 Sold:$1,050,000, Pape Ave List:$1,079,000 Sold:$1,079,000, Hopedale Ave List:$1,149,000 Sold:$1,100,000, O'connor Dr List:$949,900 Sold:$1,120,000, Westwood Ave List:$1,199,000 Sold:$1,140,000, Westwood Ave List:$1,157,999 Sold:$1,141,500, Mortimer Ave List:$899,000 Sold:$1,150,000, Broadview Ave List:$1,199,000 Sold:$1,155,000, Pape Ave List:$1,189,000 Sold:$1,160,000, Mortimer Ave List:$1,199,000 Sold:$1,184,000, Pape Ave List:$1,249,000 Sold:$1,185,000, Torrens Ave List:$999,900 Sold:$1,225,000, Fulton Ave List:$999,000 Sold:$1,250,000, O'connor Dr List:$1,399,900 Sold:$1,250,000, Pape Ave List:$1,299,000 Sold:$1,260,000, Westwood Ave List:$1,149,000 Sold:$1,338,000, East York Ave List:$999,000 Sold:$1,341,000, Dilworth Cres List:$1,099,000 Sold:$1,350,000, Westwood Ave List:$1,249,000 Sold:$1,370,000, Mortimer Ave List:$999,000 Sold:$1,400,000, Macphail Ave List:$999,000 Sold:$1,410,000, East York Ave List:$999,000 Sold:$1,451,000, Mortimer Ave List:$1,499,000 Sold:$1,490,000, Mortimer Ave List:$1,149,900 Sold:$1,508,000, Stanhope Ave List:$998,800 Sold:$1,540,000, Nealon Ave List:$1,649,000 Sold:$1,550,000, Dilworth Cres List:$1,149,000 Sold:$1,638,000, Nealon Ave List:$1,450,000 Sold:$1,650,000, Torrens Ave List:$1,699,900 Sold:$1,775,000, O'connor Dr List:$1,649,000 Sold:$1,800,000, Woodville Ave List:$1,999,900 Sold:$1,850,000, Don Valley Dr List:$2,295,000 Sold:$2,185,000, and Nealon Ave List:$2,450,000 Sold:$3,650,000.

The average selling price of a house in Toronto’s E03 Broadview North real estate zone was $1,387,511 during the year of 2022. The average time it took to sell a house was 11 days on the market.

Most houses sold in this area were semi-detached houses (15 of them). Only 19 of the homes sold were fully detached houses.

A look back at E03 East York, Toronto Real Estate Market -Selling Prices and Property Values – January, February and March 2022

January, February and March 2022 was a busy time for those buying and selling a freehold house in the E03 East York real estate zone in Toronto.

There were 39 successful real estate sales of freehold homes.

The most expensive house sold was for $3,000,000 on Donlands Avenue for a 2-storey detached 5+2 house after 3 days on the market.

Starting with the most affordable streets, other streets in this area that saw houses selling during January, February and March 2022 were Torrens Ave List:$949,000 Sold:$1,188,000, Pepler Ave List:$999,900 Sold:$1,200,031, Thyra Ave List:$998,000 Sold:$1,211,000, Cosburn Ave List:$799,999 Sold:$1,220,000, Elmsdale Rd List:$1,300,000 Sold:$1,220,000, Greenwood Ave List:$1,299,000 Sold:$1,250,000, Torrens Ave List:$990,000 Sold:$1,252,000, St Clair Ave List:$1,049,000 Sold:$1,270,000, Pape Ave List:$949,000 Sold:$1,290,540, Milverton Blvd List:$1,099,000 Sold:$1,380,000, Chisholm Ave List:$998,000 Sold:$1,402,000, Cadorna Ave List:$1,249,900 Sold:$1,455,000, Westlake Ave List:$1,268,866 Sold:$1,505,000, Torrens Ave List:$1,190,000 Sold:$1,520,000, Donlands Ave List:$1,099,000 Sold:$1,550,000, Elmont Dr List:$1,280,000 Sold:$1,550,000, Warland Ave List:$1,200,000 Sold:$1,585,000, Plains Rd List:$999,900 Sold:$1,618,000, Four Oaks Gate List:$1,199,000 Sold:$1,650,000, Torrens Ave List:$1,249,800 Sold:$1,665,000, Torrens Ave List:$1,199,000 Sold:$1,675,000, Linsmore Cres List:$1,189,000 Sold:$1,685,000, Virginia Ave List:$1,690,000 Sold:$1,700,000, Four Oaks Gate List:$1,199,000 Sold:$1,720,000, Cosburn Ave List:$1,799,000 Sold:$1,737,500, Donlands Ave List:$1,499,000 Sold:$1,850,000, Holborne Ave List:$2,079,000 Sold:$1,940,000, Greenwood Ave List:$1,499,999 Sold:$2,000,000, Frater Ave List:$1,999,900 Sold:$2,000,000, Pepler Ave List:$1,699,000 Sold:$2,050,000, Taylor Dr List:$1,459,000 Sold:$2,082,000, Holborne Ave List:$2,399,000 Sold:$2,250,000, Northbrook Rd List:$2,290,000 Sold:$2,350,000, Woodville Ave List:$2,499,000 Sold:$2,390,000, Woodville Ave List:$2,229,000 Sold:$2,692,800, Lankin Blvd List:$2,799,000 Sold:$2,700,000, Davies Cres List:$2,849,000 Sold:$2,761,000, Four Oaks Gate List:$2,965,000 Sold:$2,950,000, and Donlands Ave List:$2,689,000 Sold:$3,000,000.

The average selling price of a house in Toronto’s East York real estate zone was $1,782,433 during January, February and March 2022. The average time it took to sell a house was 7 days on the market.

Some houses sold in this area were semi-detached houses (20 of them). 32 of the homes sold were fully detached houses.

A look back at E03 Danforth Village-East York, Toronto Real Estate Market -Selling Prices and Property Values – June, July and August 2022

June, July and August 2022 was a busy time for those buying and selling a freehold house in the E03 Danforth Village-East York real estate zone in Toronto.

There were 37 successful real estate sales of freehold homes.

The most expensive house sold was for $2,800,000 on Kimbourne Avenue for a 2-storey detached 4+1 house after 15 days on the market.

Starting with the most affordable East York streets, other streets in this area that saw houses selling during June, July and August 2022 were Monarch Park Ave List:$899,900 Sold:$860,000, Springdale Blvd List:$879,000 Sold:$915,000, Mortimer Ave List:$999,000 Sold:$917,000, Springdale Blvd List:$998,000 Sold:$975,000, Eldon Ave List:$1,150,000 Sold:$999,990, Mortimer Ave List:$950,000 Sold:$999,998, Floyd Ave List:$899,000 Sold:$1,015,000, Woodbine Ave List:$974,900 Sold:$1,020,000, Dieppe Rd List:$1,098,000 Sold:$1,040,000, Aldwych Ave List:$849,000 Sold:$1,050,000, Mortimer Ave List:$1,099,000 Sold:$1,050,000, Glebemount Ave List:$1,100,000 Sold:$1,050,000, Queensdale Ave List:$1,200,000 Sold:$1,060,000, Westwood Ave List:$1,079,000 Sold:$1,065,000, Mortimer Ave List:$1,200,000 Sold:$1,075,000, Springdale Blvd List:$899,000 Sold:$1,087,000, Sammon Ave List:$1,199,900 Sold:$1,199,900, Queensdale Ave List:$999,000 Sold:$1,200,000, Woodycrest Ave List:$1,199,800 Sold:$1,200,000, East York Ave List:$998,000 Sold:$1,211,000, Dunkirk Rd List:$999,000 Sold:$1,238,000, Inwood Ave List:$1,289,000 Sold:$1,245,000, Wiley Ave List:$1,349,000 Sold:$1,260,000, Wolverleigh Blvd List:$999,000 Sold:$1,265,000, Frater Ave List:$1,349,000 Sold:$1,290,000, Springdale Blvd List:$1,399,000 Sold:$1,300,000, Durant Ave List:$1,319,000 Sold:$1,319,000, Virginia Ave List:$1,299,000 Sold:$1,328,000, Inwood Ave List:$1,189,000 Sold:$1,400,000, Gowan Ave List:$1,329,000 Sold:$1,425,000, Frankdale Ave List:$1,089,000 Sold:$1,475,000, Woodycrest Ave List:$1,199,000 Sold:$1,475,000, Milverton Blvd List:$1,498,500 Sold:$1,488,000, Frankdale Ave List:$1,929,000 Sold:$1,800,000, Donlands Ave List:$1,500,800 Sold:$2,050,800, Leroy Ave List:$2,369,000 Sold:$2,300,000, and Kimbourne Ave List:$2,879,000 Sold:$2,800,000.

The average selling price of a house in Toronto’s Danforth Village-East York real estate zone was $1,282,397 during June, July and August 2022. The average time it took to sell a house was 12 days on the market.

Some houses sold in this area were semi-detached houses (18 of them). 18 of the homes sold were fully detached houses.