Scott Hanton, Full-Service Toronto Listing & Buying Agent

A look back at E01 Toronto Real Estate Statistics May to June 2020

The months at the start of the pandemic were sluggish month for those buying and selling a freehold house in the E01 real estate zone in Toronto.

This real estate zone is comprised of Riverside and Leslieville within the neighbourhoods also known as Blake-Jones, Greenwood-Coxwell, North Riverdale and South Riverdale.

The boundaries are, from east to west: Coxwell Avenue to the DVP and south of Danforth Avenue.

There were 106 successful real estate sales of freehold homes according to the MLS system May to June 2020.

The most expensive house sold was for $2,510,001 on Withrow Avenue after 2 days on the market.

Other streets in this area that saw houses selling between May 1 and June 30, 2020 were Wroxeter Ave List:$1,799,000 Sold:$2,350,000, Woodfield Rd List:$989,000 Sold:$1,270,000, Wolfrey Ave List:$997,500 Sold:$999,900, Withrow Ave List:$1,999,000 Sold:$2,510,001, Winnifred Ave List:$1,099,000 Sold:$1,488,000, West Ave List:$1,750,000 Sold:$1,750,000, Wardell St List:$849,900 Sold:$915,000, Walpole Ave List:$729,000 Sold:$850,000, Victor Ave List:$1,529,000 Sold:$1,740,000, Unity Rd List:$899,000 Sold:$1,151,000, Tiverton Ave List:$1,195,000 Sold:$1,402,800, Strathcona Ave List:$1,749,000 Sold:$1,730,000, Simpson Ave List:$1,699,000 Sold:$1,832,000, Shudell Ave List:$789,000 Sold:$783,000, Rushbrooke Ave List:$1,049,900 Sold:$1,250,000, Riverdale Ave List:$1,499,000 Sold:$1,550,000, Rhodes Ave List:$1,125,000 Sold:$1,270,000, Redwood Ave List:$979,000 Sold:$1,130,000, Queen Victoria St List:$1,089,000 Sold:$1,383,000, Marjory Ave List:$949,000 Sold:$930,000, Lount St List:$859,000 Sold:$1,050,000, Logan Ave List:$1,995,000 Sold:$2,170,000, Leslie St List:$1,659,000 Sold:$1,635,000, Kerr Rd List:$1,199,900 Sold:$1,377,000, Kent Rd List:$1,249,000 Sold:$1,300,000, Jones Ave List:$1,000,000 Sold:$1,155,000, Hiltz Ave List:$999,000 Sold:$999,999, Highfield Rd List:$999,999 Sold:$1,250,000, Hiawatha Rd List:$1,079,000 Sold:$1,200,000, Hertle Ave List:$999,900 Sold:$1,225,000, Hazelwood Ave List:$1,262,500 Sold:$1,220,000, Hastings Ave List:$1,600,000 Sold:$2,003,000, Hamilton St List:$1,099,000 Sold:$1,400,000, Greenwood Ave List:$899,000 Sold:$905,000, Grant St List:$1,249,000 Sold:$1,400,000, Gerrard St E List:$849,000 Sold:$791,500, Garnock Ave List:$1,549,000 Sold:$1,860,000, Galt Ave List:$1,179,000 Sold:$1,320,000, Frizzell Ave List:$1,899,000 Sold:$1,800,000, Fenwick Ave List:$1,199,000 Sold:$1,576,543, Felstead Ave List:$989,000 Sold:$1,115,000, Eastern Ave List:$799,000 Sold:$940,000, Earl Grey Rd List:$1,398,000 Sold:$1,650,000, Dundas St E List:$798,000 Sold:$858,000, Dingwall Ave List:$999,000 Sold:$1,250,000, De Grassi St List:$1,498,000 Sold:$1,632,681, Curzon St List:$1,225,000 Sold:$1,250,000, Craven Rd List:$840,000 Sold:$855,000, Coxwell Ave List:$779,000 Sold:$769,000, Coady Ave List:$1,249,000 Sold:$1,276,500, Clark St List:$1,629,000 Sold:$1,600,000, Clark St List:$829,000 Sold:$965,000, Brooklyn Ave List:$1,099,000 Sold:$1,446,124, Broadview Ave List:$1,099,000 Sold:$1,341,000, Boultbee Ave List:$1,199,000 Sold:$1,275,000, Boothroyd Ave List:$1,999,999 Sold:$1,850,000, Booth Ave List:$1,900,000 Sold:$1,900,000, Bloomfield Ave List:$1,349,000 Sold:$1,300,000, Blong Ave List:$929,000 Sold:$1,180,000, Billings Ave List:$1,199,900 Sold:$1,275,000, Bertmount Ave List:$1,329,000 Sold:$1,711,600, Bain Ave List:$1,799,900 Sold:$2,500,236, Badgerow Ave List:$1,549,000 Sold:$1,800,000, Ashdale Ave List:$799,000 Sold:$952,000, and Alton Ave List:$848,800 Sold:$1,100,000.

The average selling price of a house in Toronto’s E01 real estate zone was $1,307,298 during the months of May and June 2020. The average time it took to sell a house was 7 days on the market.

Most houses sold in this area were semi-detached houses (62 of them). Only 28 of the homes sold were fully detached houses.

Real estate sales activity: South Riverdale (42 sales), Greenwood-Coxwell (34 sales), North Riverdale (18 sales) and Blake-Jones (12 sales).

All real estate data and statistics were provided by Toronto Stratus MLS May and June 2020.

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From the Toronto Real Estate Board: Sounding the Alarm on Housing, Infrastructure and Sustainability A Message from the President and the CEO Paul Baron 2023 President Toronto Regional Real Estate Board John DiMichele CEO Toronto Regional Real Estate Board Over the past decade, we have experienced the devastating impact of damaging winds, torrential downpours and rising temperatures to neighbourhoods right across the country. Recent years have shown climate change is getting worse. “This is a wake-up call for developers. We know there is a better way to build homes and communities. Before property developers construct their next project, they need a long-term vision with an eye on environmental sustainability from raw materials to green designs that will benefit, not burden, future generations,” said TRREB CEO John DiMichele. A greener future is not possible without building greener homes. 

“Homeowners also play a key part by making choices and changes that protect and conserve resources while optimizing energy in their homes. There are incentives and a grant program that not only help achieve this, but also fight climate change,” said TRREB President Paul Baron. Sustainable housing is the way forward. Now more than ever, it is the right thing to do, and it’s never too late to start taking action. This year’s Market Outlook & Year in Review report continues to be the go-to source for what’s next in the GTA real estate market. Inside, you can discover new research from the Canadian Centre for Economic Analysis that examines transit and transportation trends for the next three decades. We know that the population of the GGH is growing, and the current infrastructure will certainly not keep up. To keep plugged in, turn the pages for more research on building a better tomorrow. We partnered with the Pembina Institute to reveal the effects electrical vehicles (EV) will have on the residential real estate sector. There is a strong need for multi-unit residential buildings to install charging stations as more EVs hit our roads. We also highlight ways affordability and supply challenges continue to exist in our marketplace. Our work at TRREB includes reviewing current policies impacting buyers.

 The OSFI mortgage stress test and higher interest rates are making it harder for prospective buyers to call a place home. Meanwhile, the latest Ipsos polling results for TRREB on buying intentions show a strong demand for housing. But this want and need for housing is not backed by a diverse supply of homes. Instead, homeowners are up against climbing average prices and strong competition. We will continue to sound the alarm on housing, infrastructure and sustainability. The citizens of our regions must see real solutions in the real estate landscape before it’s too late.

2023 Market Outlook Higher immigration levels and increased borrowing costs are two forces that will impact the housing market in 2023. TRREB is forecasting: • A total of 70,000 sales. This is below the 2022 result, but we will see marked improvement in the second half of 2023. • The average selling price will reach $1,140,000 for all home types combined. This is up compared to the average price in the second half of 2022, but down by 4% when compared to 2022 as a whole. Buying and Selling Intentions Fall 2022 Ipsos polling revealed increased demand for homeownership in 2023. The results included: • Overall buying intentions were up slightly compared to the fall poll of 2021, with 28% of respondents indicating that they will likely purchase a home in 2023. • The number of first-time buyers as a share of likely homebuyers also increased, with the intending firsttime buyer share increasing to 46% compared to 39% in the previous poll. • Listing intentions (those very likely or somewhat likely to list their home) for 2023 were up compared to 2022 for townhomes and similar to 2022 for condominium apartments and semi-detached houses. 2022 Year in Review The housing market started off strong in 2022, but GTA home sales trended lower in the spring and summer. In 2022, the GTA housing market had: • 75,140 home sales. • 152,873 new listings. • An average price of $1,189,850 for all home types. The New Homes Market According to Altus Group, new home sales took off in early 2022 but dropped towards the end of the year. The highlights for new homes were: • Total sales were down 44% when compared to 2021. • The benchmark price for a new single-family home was $1,742,000 in November 2022. • The available inventory in the new single-family market was 4.5 months. The Commercial Market Each sector in the commercial market had varying trends. The highlights were: • Overall Q3 transaction activity in the GTA rose slightly by 2% when compared to the same period in 2021. • Availability rates in the GTA office market climbed slightly when compared to 2021. • Industrial supply tightened as we moved through 2022.

Transportation Infrastructure in the Greater Golden Horseshoe TRREB partnered with the Canadian Centre for Economic Analysis to unpack where transit and transportation infrastructure are headed by 2051. The takeaways are: • The GTA population could grow to 16.9 million residents. • The demand for transportation would be up 122% – greater than the increase in capacity – if work from home rates return to pre-pandemic levels. • Lower-income households could spend as much on transit and transportation as on food. Homeowners and Tenants in Multi-Unit Residential Buildings Access EV Charging More and more drivers are choosing electrical vehicles (EV) in Canada. The findings from new research by the Pembina Institute are: • Developers and building owners should prepare today for the rapid growth of EVs on the road. • In Q1–Q3 2022, one in 16 vehicles sold in Canada were EVs. • By 2030, one out of three vehicles sold in Ontario will be electric. R-LABS Contribution: The Real Estate Industry’s “Crisi-tunity” Moment R-LABS co-created three solutions in response to the housing supply crisis. Examples of their work and partnerships are: • R-Hauz is solving the missing middle through off-site prefabricated housing solutions like laneway homes and mass timber avenue townhomes that conform to city planning frameworks. • OneClose is solving interim occupancy interest for new condominium owners allowing them to lock into a mortgage at the time of occupancy. • RIOS is improving the efficiency and flow of new housing supply, beginning with a new condominium assignment fulfillment service.

Highlights Home sales will remain on a relatively flat trajectory in the first half of 2023. The lingering effects of :higher borrowing costs and related economic uncertainty will initially impact buying intentions. However, in the second half of 2023, a relatively resilient labour market and downward trending fixed mortgage rates will prompt a gradual increase in homebuying activity. For calendar year 2023, there will be a total of 70,000 sales transactions through TRREB’s MLS® System in its Market Watch reporting area.1 While this sales total will be below the 2022 result, there will be a marked improvement on a monthly basis, especially in the second half of 2023. The most recent Ipsos polling results from the late fall of 2022 support increased demand for ownership housing through the year. Overall buying intentions were up compared to the fall of 2021, with 28% of respondents indicating that they will consider the purchase of a home in 2023. The number of first-time buyers as a share of likely homebuyers also increased, with the intending first-time buyer share increasing to 46% compared to 39% in the previous poll. 6 2023 Market Outlook & 2022 Year in Review Listing inventory will continue to be a persistent problem in 2023. Because the economic downturn will be shallow and brief, there will be no widespread panic listing of homes. This means that as the demand for ownership housing gradually picks up in the second half of 2023, market conditions will tighten. While inventory levels are expected to remain low historically, recent Ipsos polling suggests that the share of homeowners considering listing their home for sale may increase in 2023 to 39% compared to 35% in 2022. More importantly, this increase in listing intentions is entirely driven by those who say they are very likely to list. Listing intentions (those very likely or somewhat likely to list their home) for 2023 were up compared to 2022 for townhomes and similarly to 2022 for condominium apartments and semi-detached houses. Listing intentions for detached houses were down to 39% compared to 2022 – the lowest level since Ipsos polling started asking this question on behalf of TRREB. This suggests two things: we may see an uptick in listings for more affordable home types, but as overall demand for ownership housing picks up, we could see very tight market conditions for detached homes.

Home prices are expected to remain relatively flat in the first half of 2023 – in line with the trend experienced in the Greater Toronto Area since August 2022. However, competition between buyers will increase in the second half of the year, exerting renewed upward pressure on home prices. The more affordable market segments, including condominium apartments and townhouses, will likely lead the initial price recovery phase. For 2023 as a whole, expect the average selling price to reach $1,140,000 for all home types combined. This will be up compared to average prices in the second half of 2022, but down by approximately 4% compared to 2022 as a whole. This outlook follows listing price intentions collected by Ipsos, where the average listing price is expected to be down year-over-year in 2023. The GTA population will grow at a record pace in 2023, as the region continues to be the single-greatest metropolitan beneficiary of immigration in Canada. As these new households look to take advantage of the GTA’s cultural and economic diversity, they will require a place to live. While immigrant households have a higher propensity to eventually purchase a home, many of these newcomers will initially choose to rent due to affordability issues. This factor will add steam to an already competitive rental market, supporting the continuation of double-digit annual average rent increases.

Interest Rate Outlook: We will continue to look at the housing market through the lens of borrowing costs in 2023. The view, however, will change. Whereas most of 2022 was characterized by a steep upward trend in interest rates, the curve will flatten and start to point downward in 2023. The consensus view is that the pace of inflation will ease as we move through the year, ending between 2–3%. Because of this expectation, we are already seeing lower bond yields for medium-term Government of Canada bond yields, like the five-year bond that underpins popular five-year fixed mortgage products. By the end of 2023, the five-year yield will have dipped at least 50 basis points from the beginning of the year. Any unexpected dip in economic growth could cause bond yields to recede even further. In this case, it is possible that the Bank of Canada could actually reverse course and introduce a cut to its target for the Overnight Lending rate by the end of this year as well. All else being equal, a dip in borrowing costs will be beneficial to would-be home buyers as we move through 2023. Initially, lower borrowing costs coupled with lower home prices will see average monthly payments mortgage payments decline, which in turn, could prompt an increase in buyers moving off the sidelines and back into the market.

While actual rate increases could improve homeownership affordability, buyers will still be faced with the OSFI stress test which increasingly became disconnected from reality as the rate tightening cycle progressed in 2022. There were periods in 2022 when mortgagees were being stress tested at rates greater than 7% – well-above the OSFI benchmark of 5.25% . Recent Ipsos polling suggests that the OSFI stress test is having more impact on home buying intentions than ever before, with 63% of likely purchasers indicating they were impacted – the highest share since 2019. Most respondents who said they were impacted indicated that the stress test was prompting them to consider purchasing a different type, location and/or price point of home. In 2023, OSFI should rethink its stress test to account for the interest rate cycle and the probability that mortgagees will never be faced with a mortgage rate as high as the stress test. Given the positive economic impact of the housing sector, it does not make sense to artificially subdue the market. On a positive note, Ipsos polling indicated that the average down payment for intending homebuyers remained high at 31%, in line with results from a year earlier.

Mild Downturn in Economic Growth Consumer spending, or lack thereof, will weigh on Canadian economic growth in the first half of 2023. Household spending dipped in the third and fourth quarters of 2022, as high inflation and high borrowing costs prompted many households to dial back their spending. This outlook for slower consumer spending, at least in the short term, is supported by a downward trend in the Ipsos National Consumer Confidence Index. In January 2023, the Ipsos index dipped below 50 points – down 3.1 points since February 2022. This dip in consumer confidence could be attributed to higher borrowing costs and high inflation. As a result of this dip in confidence and spending, the consensus view is that we could experience an economic slowdown or even mild recession between the first and third quarters of this year. While a contraction in the economy, however mild, is never welcome, it will be a relief valve from an inflation perspective. Less consumer spending (demand) coupled with improved global supply chain conditions will ultimately result in the rate of inflation trending closer to the Bank of Canada’s 2% target as we move through the year. This will eliminate the need for further rate hikes and could result in the Bank of Canada reversing course in order to stave off any protracted economic downturn. Labour Market Will Remain Tight Labour market conditions will remain, on balance, a driver of housing demand in 2023. While there is expected to be a shallow recession this year, the impact will not be deep enough or long enough to markedly impact the unemployment rate or incomes. This is because employers will be reticent to consider widespread layoffs to account for a relatively short-lived economic downturn. Because labour market conditions are so tight, it is very likely that anyone laid off would find another job and would not be available for work when economic conditions improved. Far from considering layoffs, the majority of firms surveyed by the Bank of Canada in their Business Outlook Survey, indicated that they were expecting to hire new employees in 2023, even though sales were expected to dip over the same period. This speaks to businesses’ longer-term outlook of growth across a diversity of sectors. Stable labour market conditions and an absence of widespread layoffs will support confidence in purchasing and paying for a home. This will also allay fears surrounding the ability of existing homeowners to make their regular mortgage payments. Immigration Will Drive Housing Demand The drivers of housing demand discussed above are cyclical in nature and can change in the relatively short term. In contrast, the key long-term driver of housing demand – whether ownership or rental – is population growth. In the GTA and broader GGH, immigration drives population growth. With the federal government setting national targets for immigration near the 500,000 mark over the next three years, the number of households settling in southern Ontario will be at our near record levels. The majority of immigrants settling in the GTA and GGH will be economic migrants with the wherewithal to purchase or rent market-based housing. This will increase the demand for housing relative to a constrained supply, resulting in upward pressure on home prices and rents. Past Ipsos polling has found that the propensity to buy a home is higher with immigrant households compared to households born in Canada. While immigration-based population growth is key to our region’s economic development and growth, we must ensure that recent policies pointed at increasing supply actually result in shovels in the ground in 2023. The GTA and GGH will need more supply in the aggregate and also a greater diversity of home types to bridge the gap between traditional single-family homes and condominium apartments. High Rental Demand and Double-Digit Rent Increases to Continue High borrowing costs have resulted in a cyclical shift from homeownership demand to rental demand. On top of this, the population in the GTA and GGH is growing on the back of immigration. Many immigrant households tend to rent when they first arrive in our region – purchasing a home happens at some point in the future. Both of these trends will continue to play out in 2023. Rental vacancy rates for purpose-built rental properties and individual investor-held rental properties will trend lower this year. The result will be strong competition between renter households and sustained double-digit rent increases. This underpins the need for more rental supply.

The Latest Trends in the New Homes Market • 2022 was a year that began with much optimism yet ended with many concerns – this time not from the pandemic but from market forces impacting both our daily lives and real estate markets. • Because of the challenges, new home sales that began in 2022 at a near record pace are expected to conclude the year with one of the lowest yearly totals on record. • Single-family new home sales were the story of the year for the unprecedented lows of July through September, with annual sales at their second lowest level ever. • Condominium apartment new home sales held up better with sales on track for a new record through the first four months of the year. Slowing sales for the remainder of the year will see the annual number fall by one-third from 2021’s heady total but still register as a top seven year. • The outlook for 2023 is for both new homebuyers and builders to remain cautious in the face of economic headwinds. Demand for new condominium apartments is expected to remain at current levels through much of the year. A lack of available supply and continued affordability challenges are expected to keep new singlefamily home sales constrained. 2021 ended on a feverish note in the Greater Toronto Area (GTA) new housing markets. That momentum carried through to the early part of 2022 aided by robust employment growth. But the combination of cumulative interest rate increases and elevated inflation dampened activity throughout the remainder of the year. Total new homes sales shrank by 44% for the first 11 months of 2022 compared to a year earlier. The new condominium apartment market held up reasonably well and registered a one-third drop in sales through November 2022 compared to 2021’s near-record high. Single-family sales, on the other hand, were the main drag on total sales, having posted a 67% decline due to supply shortages and affordability woes. 12 2023 Market Outlook & 2022 Year in Review New Condominium Apartment Sales Are Down But Not Out • New condominium apartment sales started in 2022 at a record pace as the momentum from 2021’s near record level continued into the start of the year. However, the cycle of rising interest rates and inflationary pressures took hold and sales slowed from their torrid level through the remained of the year. Year-to-date sales through November were down by one-third compared to the elevated 2021 total, but held up in comparison to recent years. • New single-family sales, on the other hand, went in the opposite direction. The second half of 2021 saw sales begin to slow in response to a drop-off in supply and affordability concerns. 2022 began in a similar fashion before plummeting to three consecutive record lows below the 100 unit mark. January–November 2022 sales were two-thirds below the previous year and on track for their second lowest level on record. 905 Regions, with a More Balanced Sector Split, Faced Larger Declines Than Toronto • All regions in the GTA shared in the year-to-date decline in total new home sales in 2022. However, the 905 regions fared worse due to their larger ratio of singlefamily to condominium sales. • In the 905 regions, York saw the biggest decline in new homes sales activity, driven by a large reduction in both Fast Fact: GTA New Home Sales  Source: Altus Group 2017 Jan-Nov 33.0 7.4 2018 20.3 3.6 2019 26.3 9.3 2020 20.4 17.1 2021 32.8 13.9 2021 30.6 13.3 2022 20.4 4.3 Condo Apt. Single-family Units in 000s Fast Fact: Expected Condo Apt. Completions in 2022  Source: Altus Group The expected completions of condominium apartments in 2022 ~11,000 Fast Fact: New Single-Family Home Availability  Source: Altus Group Number of months of available inventory in the new single-family market 4.5 Months New Homes Review and Outlook Research from Altus Group single-family and condominium apartment sales. At the other end of the spectrum, Peel and Halton Regions saw a relatively less severe decline in sales activity.

Looking Ahead • Looking ahead to 2023, concerns surrounding interest rates, inflation and a potential recession have combined to dampen demand prospects though record immigration to Canada is expected to provide additional support. Provincial legislation to increase new home construction should assist in easing supply issues toward the latter part of the year and into 2024. • Little change is expected in demand levels for new condominium apartments though builders continue to bring new supply to the market. All told, expect 2023 new condo apartment sales in the GTA to struggle to match 2022 levels. • The new single-family home sector is expected to languish in the face of ongoing supply constraints and affordability challenges due to elevated prices and interest rate hikes.

Capital Market Activity Is Up in the First Three Quarters of 2022 • The GTA market had the highest investment volume across the nation, totalling $25.1 billion, a 10% jump from the first three quarters of 2021. Despite this jump, the third quarter of 2022 had a total investment volume of $6.1 billion, trailing behind the first two quarters, as well as the third quarter of 2021. • Enduring multiple interest rate hikes and concerns of a possible recession, transaction activity in the GTA rose slightly, jumping 2% as compared with the previous year, to 2,290 transactions in the first three quarters of 2022. • The land sectors and the industrial asset class continue to be the primary drivers of market activity as developers rush to buy land and meet the continually growing demand for commercial real estate products. GTA Office Struggles with a Slow Return of Tenants and Heightened Availability Rates • The office sector investment activity increased in 2022, as investors adjusted and reevaluated their real estate portfolios. When compared to the first three quarters of 2021, the office sector in 2022 doubled in investment volume, with slightly more than $3.5 billion in sales proceeds. • This growth in investment volume can also be attributed to trophy office transactions which have occurred over the course of the year, such as RBC Plaza. With interest rates rising and talks of a possible recession, investors remain cautious, carefully planning and executing their investment strategies. • Availability rates in the GTA office market pushed up to 16% as of the third quarter of 2022, rising from the 15% seen a year prior. This occurred as the hybrid model of work remained popular, and a new supply of office space was added to the market. The GTA office market saw just over 2 million square feet of office completions in Q3 2022. As of Q3 2022, there were 28 office projects underway in the GTA, occupying 6.1 million square feet of office space, with an availability rate of 42.6%. Strong Demand for Industrial Product Persists as Supply Lags Demand • The industrial availability rate dropped to 1.0% as of Q3 2022, tightening from the 1.5% noted a year prior. This is a further indication that any new industrial product coming to the market is being rapidly swept up, as investors continue demanding more. • With the demand for industrial assets continuing to rise as an investment option, it is no surprise that the industrial asset class had the second highest sales proceeds, coming in after the land sectors (both ICI and residential). Investment volume for the industrial asset class sits at $5.5 billion for the first three quarters of 2022, a 1% rise over the previous year. • As of Q3 2022, there were ten industrial buildings completed in the GTA, totalling 1.2 million square feet. Toronto currently has 19.7 million square Fast Fact: GTA Property Transactions by Asset Class YTD  (Q3 2022 vs Q3 2021)  Source: Altus Group $6.69 Billion $6,629,308,021 - Q3 2021 Res. Land Land $4.46 Billion $3,808,532,545 - Q3 2021 ICI Land $0.51 Billion $847,604,354 - Q3 2021 Res. Lot $3.52 Billion $1,697,237,140 - Q3 2021 Office $2.31 Billion $2,303,756,419 - Q3 2021 Retail $5.51 Billion $5,432,324,619 - Q3 2021 Industrial $2.61 Billion $2,805,571,417 - Q3 2021 Apartment $50 Million $150,191,000 - Q3 2021 Hotel Fast Fact: Office Available Rate in Toronto  (Q3 2021 vs Q3 2022)  Source: Altus Group 1% increase from Q3 2021 16% 14 2023 Market Outlook & 2022 Year in Review Commercial Market Review and Outlook Research from Altus Group tempered with some cautiousness. The GTA continues to be an investor favoured market, coming second behind Vancouver in the top three most preferred Canadian markets amongst investors, according to Altus Group’s Investment Trends Survey. Note: This research from Altus Group reflects the time period from January 2022 to November 2022. feet of industrial space under construction, totalling 70 buildings, with an availability rate of 58.4% pre-leasing activity.

The Greater Golden Horseshoe Region (GGH) is home to over two-thirds of Ontario’s population and jobs. Over the past decade, the GGH population has increased by over 1.2 million people (a 13.5% increase) and the number of jobs in the region grew by 470,000 (an 11% increase). While the growth of the GGH was always expected to continue, the federal government’s recent announcement to increase immigration levels into Canada by 55% relative to prepandemic levels will accelerate its growth. Given the region’s importance to the prosperity of Ontario with the GGH supporting two-thirds of the GDP of Ontario and a quarter of Canada’s GDP, it is critical that the region’s transportation infrastructure keep pace with, and be aligned to, the future population and economic growth requirements. Under the new immigration targets, immigration into the GGH is expected to more than double from an average of 112,000 new immigrants per year from 2009 to 2019, to almost 200,000 per year. In this scenario, the population of the GGH could grow to 16.9 million residents by 2051 (a 71% increase from 2021) and support 8 million jobs (a 63% increase from 2021) in the region. Over the next decade, an additional 250,000 dwellings in the GGH, on top of the 1.2 million1  of new dwellings previously targeted, appropriate to the needs of aging and evolving household structure, would be required to house the faster growth of the population. This rapid growth is expected to place further pressure on the GGH’s transit and transportation system in the coming years. To address the growing needs of the region, Ontario plans a large expansion of the transit and transportation network over the next 30 years based on pre-pandemic trends. Key aspects of the GGH transportation plan include expanding GO train service to provide 15-minute all day service across the network; expansion of subway, light rail transit, and bus rapid transit lines; and increasing highway capacity through widening existing corridors and adding new connecting highways. CANCEA: The Importance of Planned Transportation Infrastructure in the Greater Golden Horseshoe 16 2023 Market Outlook & 2022 Year in Review However, it is critical to understand how Ontario’s transportation plan in the GGH will fare in meeting the needs of all its residents in the face of changing immigration policies and evolving workplace trends such as working from home. At a high level, the pressure facing Ontario’s transportation network is a function of: • The capacity of the network to provide service for transit and transportation. • The demand for transit arising from the distribution of where people live and where people work (as travelling to and from work is the primary driver of weekday commuting) and evolving work-from-home (WFH) trends. Prior to the pandemic, only 7% of the workforce in the GGH regularly worked from home. While during the pandemic this had increased to over 30%, recent trends are indicating that many are returning to their usual place of work, at least on a part-time basis. However, it is unlikely that all will return to pre-pandemic behaviour. If 20% of the workforce continues to work from home: • There would be a total of 6.8 million daily commuters in the region by 2051, a 63% increase from 2019. • The total number of daily transit trips in the region would more than double while car commutes would increase by about 30%.

By 2051, aggregate capacity across the transit system could Fast Fact: Travel Patterns In the GGH (2019 vs 2051)  Source: CANCEA 105% Number of Daily Transit Commuters Total Daily Transit Commuters Age less than 45 years Older than 45 years 2019* 1.07 million 710,000 360,000 2051** 2.19 million 1.38 million 810,000 30% Number of Daily Car Commuters Total Daily Car Commuters Age less than 45 years Older than 45 years 2019* 3.58 million 1.87 million 1.71 million 2051** 4.61 million 2.28 million 2.33 million * Prior to the Pandemic ** Post-Pandemic WFH Fast Fact: Increasing Population  Source: CANCEA The population of the GGH could grow to 16.9 million residents by 2051. 71% increase from 2021 2023 Market Outlook & 2022 Year in Review 17 increase by 103% (more than doubling), but total demand for travel could increase by 105%. Fortunately, from a transitdemand point of view, the increased demand for services by the faster population growth is somewhat balanced by the increased preference to work remotely. If WFH rates were to return to pre-pandemic levels, the increase in demand would be 122% due to people traveling to work, which is significantly greater than the increase in capacity. The general trend of younger people using transit is expected to continue with over 1.3 million people under 45 years old taking transit daily by 2051, but older ages (partly driven by an aging population) increasing to 2.3 million daily car commuters. Across the GGH, each municipality is going experience different levels of growth and investment. While the aggregate capacity across the entire system is growing largely in line with aggregate demand, the experience across municipalities does vary, particularly when work-from-home behaviour is taken into account. The differences between regions arises from the relative differences between expected population growth, employment growth, and infrastructure investments. Some regions have a larger growth (whether in population or jobs), but a smaller increase in capacity compared to others. To achieve this across the region overall, the capacity and demand must be geographically aligned which requires that housing policy and economic development are integrated with transit and transportation growth. In particular, to leverage the capacity provided by all-day two-way service in the GO network, and to improve the balance of flow in opposite directions on highways, employment growth needs to move away from the traditional downtown-centric approach, while being “last-mile” accessible from the expanded regional networks. The availability to WFH is possible for only certain occupations, such as professional services. For other occupations, such as services, manufacturing, or health care, many of which have lower pay and are often held by younger people, WFH is not possible. This has implications for commuting costs and affordability for those groups. By 2051: • Over 4.8 million people under the age of 25 will require the means to access their employment or school, an increase of 71% on current levels. Many of these people have little opportunity to work remotely or commute via private vehicle due to occupation and incomes constraints. • Over 1.4 million lower-income households (lowest quintile) in the GGH could spend as much on transit and transportation as on food. This is a 94% increase on current levels. Ensuring that the transit system is sufficient to meet their needs is important to the overall well-being of the region and equitable access to economic opportunities. Conclusions If the planned increase in capacity occurs, the GGH’s overall experience with transit and transportation should largely be maintained as the population and economy grows. However, the various municipalities in the region will experience the growth differently, and long-term policies, such as immigration policy, and work-from-home trends, could significantly put the sufficiency of the network at risk. Critically, it requires that housing, transit, transportation, and economic planning be aligned over the long term to ensure efficient use of infrastructure investment. If this occurs, the regional transit and transportation network could serve the needs of its residents well over the next 30 years.

Canadians and businesses alike are increasingly interested in making the switch to electric vehicles (EV). Recent surveys, including EY June 2022, continue to show that Canadians intend on purchasing an EV as they become more affordable. As EV purchases grow, residents will increasingly factor in the availability of home charging into their housing decisions. With more than 70% of EV charging currently occurring at home, there is huge opportunity for properties to set themselves apart by being ready to offer charging. Municipalities and the real estate sectors need to be prepared to offer easily accessible charging. Over the next decade, property developers will need to construct new buildings with the electrical infrastructure to support EV charging while owners of existing buildings will need to pursue retrofits – especially for multi-unit residential buildings (MURBs). Given that MURBs make up 30% of Canadian homes, and closer to 40% of homes in cities like Toronto (StatsCan), preparing – and future-proofing – these buildings should be a priority. Without targeted investment and policy action, many residents may not find a condo or apartment that suits their charging needs and be unfairly excluded from the EV market. To address this gap, the City of Toronto now requires EV-readiness for 100% of low-rise residential parking and 25% of mid- and high-rise residential and commercial parking in new developments. Electric Vehicle Trends in Canada EV adoption is accelerating in Canada. In Q1–Q3 2022, one in 16 vehicles sold in Canada were EVs, and one in 13 were EVs and plug-in hybrid. This is expected to increase significantly with the federal government’s sales standard for light-duty vehicles, which will set the number of EVs sold 18 2023 Market Outlook & 2022 Year in Review by automakers at 20% of new vehicle sales by 2026, 60% by 2030, and 100% by 2035, leading to around 40% of new vehicles being electric by 2035. (Transport Canada). Since 2019, Ontario has pulled ahead of Quebec and British Columbia as the leading market for EV adoption with almost 20,000 new EV registrations in 2021 (StatsCan). By 2030, the Ontario government expects that one out of three vehicles sold in the province will be electric – with one million EVs on the road in Ontario (ON Gov). Economic and Environmental Benefits of Going Electric The economic and environmental benefits of EVs are helping drive these trends among consumers. Across personal vehicle classes, EV models in Canada are already cheaper over their lifetime than gas-powered equivalents, except for pickup trucks, which are near parity (Clean Energy Canada). This is largely because the average fuel and maintenance costs are significantly lower. Upfront sticker prices of EVs are also set to decline over the next few years, reaching parity with gas-powered vehicles as soon as 2026 (BNEF). In every province across Canada, it is already much less carbon intensive to drive an EV than a combustion vehicle because of their efficiency in converting energy to motion. Driving an EV will become cleaner and cleaner with Canada committing to reach net-zero emissions by 2050 and decarbonizing its electricity grid. EVs also make for healthier communities by cutting out harmful tailpipe emissions. With 30% of Canadians, and almost half of residents in Toronto, living within 250 metres of a major roadway (often in MURBs), EVs can help reduce the incidence of respiratory illness and death from traffic-related air pollution (CBC).

With EVs poised to become a major presence on Ontario’s roads over the next decade, the charging options for drivers will need to expand significantly to keep up with demand and prepare for future growth. The federal, Ontario, and municipal governments have made strides to support EV chargers, contributing almost $2 billion to expand public charging that will complement home charging. For owners of single-family homes, with their own private parking spot and electrical panel, the process of installing electrical infrastructure for chargers is relatively straightforward. Retrofitting MURBs, however, is more challenging and costly. Condominium dwellers and residential co-ops need to collectively agree to change the building’s common electrical infrastructure. Building owners should consider the following when planning to electrify different building types for EV chargers in apartments, townhouses, condos, and other forms of MURBs: 1. Constructing new buildings to support EV charging from the outset is the most cost-effective approach, allowing owners to avoid the need to make more expensive retrofits to the building’s electrical infrastructure down the line. 2. Buildings don’t need chargers immediately; they can make parking spaces “EV-ready” by installing energized outlets so that residents can easily plug chargers into the wall when the demand arrives. 3. In new and existing buildings, planning for 100% of parking to be EV-ready will save money by removing redundancies. It may be tempting to install only a small batch of chargers and the EV-ready infrastructure needed now. But, without planning for how the building will support more charging in the future, those first few chargers may exhaust the building’s electrical capacity later and electrical hardware may need to be replaced in subsequent retrofits. 4. EV energy management systems (EVEMS) manage the rate and timing of EV charging for vehicles so that multiple EVs can charge on the same circuit. Using these systems, many buildings can minimize or avoid the need for expensive upgrades to expand their electrical capacity

For MURBs to implement EV-ready retrofits at the scale and speed that is required, governments at the federal, provincial, and local levels will need to step up and help reduce the upfront costs of these renovations. Federal: The federal Zero Emission Vehicle Infrastructure Program (ZEVIP), which provides funding for projects that install chargers, should also fund EV-ready projects without requiring chargers immediately – to meet both present and future charging demand. The federal government can also support EV chargers through Canada Infrastructure Bank and Canada Housing and Mortgage Corporation funding. Provincial: Ontario should consider introducing rebates for condos and apartments to undertake EV-ready retrofits. BC Hydro’s rebate of up to $3,000 for MURBs to create an EV-ready plan is a good model (with another rebate of up to $600 per parking stall for installation). In addition to rebates, other forms of financing for EV-ready retrofits should be explored. Municipalities: Local governments should explore opportunities for property-assessed clean energy (PACE) programs to finance EV-ready projects, funding upfront costs and then spreading repayments over a long time period through property assessments that are paid back by property taxes. Ontario already has provincial legislation that enables municipal PACE programs, and the City of Toronto currently runs two residential PACE programs (Pembina). The real estate sector should prepare for the rapid growth of EVs on the road. Canadians clearly see the benefits of electric vehicles. The availability of home charging will become a deciding factor in housing decisions over the coming years. By making decisions today on how to provide EV charging, property developers and building owners can set themselves apart and cost-effectively help residents benefit from going electric. This will support existing residents and help attract new ones, all while helping Canada reach its net-zero climate commitment. If getting started is of interest, look out for the Pembina Institute’s guidebook coming in Q1 2023.

Real estate and housing are something we are literally all in together – governments, industry and consumers alike – but if you look carefully, you will see that no one is actually in charge of it. Today, we find ourselves in an environment that is rich with many complicated and interrelated problems, and many people (both here and around the world) are calling real estate and housing a crisis. Governments cannot solve these problems on their own, and while industry’s role is to be in the business of solutions, we must also appreciate that the business model and thought process used by real estate in the past has its limits. So, if real estate and housing are in a state of crisis, this may be the industry’s “crisi-tunity” moment. Cue Einstein here because, “We’re not going to solve the problems before us with the same thinking we used to create them.” In this moment, industry has a massive opportunity and arguably a responsibility to lead through innovation. 20 2023 Market Outlook & 2022 Year in Review Industry understands the complexity and interdependencies of the problems, and when it applies novel thinking, can deliver new capabilities through open innovation and entrepreneurial business models and transform crisis into opportunity. The R-LABS partnership was founded in Toronto four years ago with a big vision – to build the great companies the world needs to solve major problems in real estate and housing. Through R-LABS, large corporations and institutions become co-founders alongside game-changing entrepreneurs and co-create the great companies the world needs, each solving specific problems in residential and commercial real estate. Companies co-founded at R-LABS to date include R-Hauz (r-hauz.ca), which is solving the missing middle through off-site prefabricated housing solutions like laneway homes and mass timber avenue townhomes that conform to city planning frameworks. OneClose (oneclose.ca) is solving interim occupancy interest for new condominium owners allowing them to lock into a mortgage at the time of occupancy. RIOS (onrios.com) is improving the efficiency and flow of new housing supply, beginning with a new condominium assignment fulfillment service. As the industry Venture Builder in this problem-rich environment, R-LABS finds itself gaining momentum and expanding its partnerships, having the right model, at the right time, in the right place, and delivering both a return on society + return on investment. In this momentum and through its unique platform, R-LABS also finds itself aware of this moment of transformative opportunity to form an Industry Innovation Agenda together, and discuss what that could mean not just for the LAB and the industry, but for the region, the country, and possibly the world. In this moment, great opportunities will not be seen with our eyes; they are going to be seen with our minds.

Toronto Real Estate News: Property values and actual selling prices of freehold homes in Toronto’s Scarborough neighbourhoods – Second half of February 2022

Email Scott@HantonRealEstate.com if you’re ready for a free consultation about your house or if you’re looking for the ideal realtor to help you purchase the perfect place anywhere in Toronto or all across the GTA.

Scarborough consists of the many wonderful areas in the following real estate zones: Agincourt North, Bendale, Birchcliffe-Cliffside, Centennial Scarborough, Clairlee-Brichmount, Cliffcrest, Dorset Park, Eglinton East, Guildwood, Highland Creek, Ionview, Kennedy Park, L’Amoreaux, Malvern, Milliken, Morningside, Oakridge, Rouge E10, Rough E11, Scarborough Village, Steeles, Tam O’Shanter-Sullivan, West Hill, Wexford-Maryvale, and Woburn.

The second half of February 2022 saw busy days for those selling a house in Scarborough, Ontario.

There were 176 successful real estate sales according to the MLS system for freehold properties throughout Scarborough.

The most expensive property sold was for $2,849,999 after 8 days on the market for a custom built home in Toronto’s Birchcliffe-Cliffside neighbourhood on Parkland Road. 

Other sales in Scarborough, Ontario during the second half of February 2022 were found on Wye Valley Rd List:$999,900 Sold:$1,360,000, Wonderland Dr List:$999,800 Sold:$1,353,000, Wolcott Ave List:$899,000 Sold:$1,427,000, Winter Gardens Tr List:$979,000 Sold:$1,250,000, Winstanly Cres List:$999,888 Sold:$1,180,000, Willamere Dr List:$999,000 Sold:$1,250,000, Wickson Tr List:$1,189,000 Sold:$1,527,000, Wheeling Dr List:$1,100,000 Sold:$1,401,000, Waringstown Dr List:$1,099,000 Sold:$1,408,000, Warden Ave List:$1,025,000 Sold:$975,000, Vernadale Cres List:$999,000 Sold:$1,190,000, Valley Stream Dr List:$999,000 Sold:$1,402,000, Treverton Dr List:$1,099,000 Sold:$1,506,000, Trellanock Ave List:$899,000 Sold:$1,230,012, Tidworth Sq List:$1,188,000 Sold:$1,540,000, Tideswell Blvd List:$899,000 Sold:$1,125,000, Tansley Ave List:$998,000 Sold:$1,311,000, Statesman Sq List:$1,288,000 Sold:$1,580,000, South Woodrow Blvd List:$998,000 Sold:$1,200,000, South Marine Dr List:$1,449,000 Sold:$1,810,500, South Edgely Ave List:$1,250,000 Sold:$1,400,000, Shropshire Dr List:$1,199,000 Sold:$1,351,000, Shier Dr List:$900,000 Sold:$1,380,000, Sesame St List:$1,299,000 Sold:$1,850,000, Seminoff St List:$999,000 Sold:$1,250,000, Seagrave Cres List:$1,099,000 Sold:$1,360,000, Scarboro Cres List:$2,525,000 Sold:$2,501,000, Satok Terr List:$1,198,000 Sold:$1,500,000, Sandown Ave List:$899,000 Sold:$1,400,000, Saddleback Crt List:$1,188,000 Sold:$1,530,000, Sachems Pl List:$799,000 Sold:$1,130,108, Rutledge Ave List:$998,000 Sold:$1,659,000, Rushley Dr List:$888,000 Sold:$1,180,000, Royal Rouge Tr List:$1,200,000 Sold:$1,950,000, Roxanne Cres List:$1,288,000 Sold:$1,750,000, Rotary Dr List:$888,800 Sold:$1,183,000, Red River Cres List:$749,999 Sold:$1,000,000, Ravenview Dr List:$1,049,000 Sold:$1,155,000, Raponi Circ List:$999,900 Sold:$1,370,000, Raleigh Ave List:$899,900 Sold:$1,405,000, Quantrell Tr List:$899,000 Sold:$1,030,000, Pringdale Gardens Circ List:$989,900 Sold:$1,211,000, Preston St List:$1,699,000 Sold:$1,669,000, Presley Ave List:$1,495,000 Sold:$1,900,000, Portwine Dr List:$1,399,000 Sold:$1,750,000, Portsdown Rd List:$999,000 Sold:$1,501,000, Port Royal Tr List:$999,000 Sold:$1,476,000, Phyllis Ave List:$2,050,000 Sold:$1,990,000, Parsborough Crt List:$1,188,888 Sold:$1,500,000, Parkland Rd List:$2,849,999 Sold:$2,849,999, Parkdene Crt List:$1,080,000 Sold:$1,410,000, Parkcrest Dr List:$1,999,999 Sold:$2,600,000, Painted Post Dr List:$988,888 Sold:$1,489,000, Pachino Blvd List:$999,000 Sold:$1,300,000, Nortonville Dr List:$1,199,999 Sold:$1,300,000, Northfield Rd List:$800,000 Sold:$1,025,000, Newdawn Cres List:$1,399,000 Sold:$1,415,000, Nanaberry St List:$1,399,900 Sold:$1,675,000, Munson Cres List:$849,900 Sold:$1,480,000, Mourning Dove Cres List:$999,000 Sold:$1,205,000, Morna Ave List:$1,000,000 Sold:$1,201,000, Monmouth Crt List:$1,099,000 Sold:$1,465,000, Mollard Rd List:$1,188,000 Sold:$1,550,000, Minnacote Ave List:$1,450,000 Sold:$1,567,500, Merkley Sq List:$1,099,000 Sold:$1,360,000, Mclevin Ave List:$725,000 Sold:$930,000, Mcclure Cres List:$799,000 Sold:$955,000, Mayhill Cres List:$999,900 Sold:$1,305,000, Mansewood Gdns List:$999,999 Sold:$1,175,000, Lysander Crt List:$1,199,000 Sold:$1,550,000, Lynnbrook Dr List:$1,498,000 Sold:$1,550,000, Lozoway Dr List:$969,000 Sold:$1,365,000, Lockie Ave List:$1,698,000 Sold:$1,590,000, Linwood Ave List:$1,450,000 Sold:$1,910,000, Lilian Dr List:$999,999 Sold:$1,385,000, Latham Ave List:$998,000 Sold:$1,205,000, Lambeth Sq List:$1,399,000 Sold:$1,660,000, Lakehurst Dr List:$1,199,999 Sold:$1,589,100, La Peer Blvd List:$999,000 Sold:$1,400,000, Knowles Dr List:$1,199,900 Sold:$1,466,000, Kitchener Rd List:$1,188,888 Sold:$1,450,000, Khartoum Ave List:$1,059,000 Sold:$1,380,000, Kennedy Rd List:$898,000 Sold:$968,000, Jolly Way List:$899,000 Sold:$1,212,000, John Tabor Tr List:$1,188,000 Sold:$1,400,000, Jeffton Cres List:$1,199,000 Sold:$1,389,000, Hyacinth Cres List:$989,900 Sold:$1,300,000, Huntingwood Dr List:$799,000 Sold:$1,252,786, Hubert Ave List:$900,000 Sold:$1,276,000, Howe Ave List:$769,900 Sold:$948,888, Horseley Hill Dr List:$839,000 Sold:$1,135,000, Horizon Cres List:$1,090,000 Sold:$1,528,800, Hollydene Rd List:$1,100,000 Sold:$1,350,000, Holford Cres List:$1,080,000 Sold:$1,350,000, Highhill Dr List:$999,900 Sold:$1,300,000, Havenlea Rd List:$979,900 Sold:$1,100,000, Haslam St List:$799,888 Sold:$1,230,000, Harringay Cres List:$1,488,000 Sold:$1,800,000, Greyabbey Tr List:$899,900 Sold:$1,381,000, Gooderham Dr E List:$1,199,999 Sold:$1,600,000, Glasgow Ave List:$1,199,000 Sold:$1,340,000, Gageview Crt List:$888,999 Sold:$1,288,000, Fusilier Dr List:$999,000 Sold:$1,260,000, Freemon Redmon Circ List:$1,575,000 Sold:$1,680,000, Franklin Ave List:$1,949,900 Sold:$1,949,900, Frank Rivers Dr List:$988,000 Sold:$1,466,000, Farmcrest Dr List:$1,199,900 Sold:$1,600,000, Exford Dr List:$998,000 Sold:$1,541,000, Elmartin Dr List:$1,388,000 Sold:$1,750,000, Ellington Dr List:$999,900 Sold:$1,300,000, Ellesmere Rd List:$1,288,000 Sold:$1,515,000, Elinor Ave List:$2,199,000 Sold:$2,000,000, Edgeway Gate List:$1,099,000 Sold:$1,200,000, Eaton Park Lane List:$899,000 Sold:$1,208,000, Eastwood Ave List:$1,099,900 Sold:$1,200,000, Earlton Rd S List:$1,298,000 Sold:$1,625,000, Dragoon Cres List:$850,000 Sold:$1,215,000, Dignam Crt List:$1,259,000 Sold:$1,541,000, Dempster St List:$1,400,000 Sold:$1,406,000, Delwood Dr List:$1,099,000 Sold:$1,401,000, Deep Dene Dr List:$1,199,000 Sold:$1,850,000, Deanvar Ave List:$1,399,000 Sold:$2,050,000, Danforth Rd List:$949,900 Sold:$1,401,000, Dalmatian Cres List:$1,888,000 Sold:$2,150,000, Cree Ave List:$899,000 Sold:$1,307,000, Craggview Dr List:$1,000,000 Sold:$1,538,888, Courton Dr List:$999,900 Sold:$1,505,000, Corinthian Blvd List:$1,399,900 Sold:$1,925,500, Corinne Cres List:$899,000 Sold:$1,472,000, Copperwood Sq List:$899,000 Sold:$1,280,000, Clyde Rd List:$1,699,000 Sold:$2,670,000, Clonmore Dr List:$899,000 Sold:$1,215,100, Citadel Dr List:$998,000 Sold:$1,121,000, Chine Dr List:$999,000 Sold:$1,355,000, Chapel Park Sq List:$1,299,900 Sold:$1,805,000, Cedarview Dr List:$1,900,000 Sold:$1,901,000, Cavehill Cres List:$998,000 Sold:$1,405,000, Castledene Cres List:$1,000,000 Sold:$1,400,225, Casemore Rd List:$1,188,000 Sold:$1,710,000, Carolbreen Sq List:$898,000 Sold:$1,000,000, Camrose Cres List:$999,900 Sold:$1,362,000, Calverley Tr List:$1,499,000 Sold:$1,625,000, Budea Cres List:$999,000 Sold:$1,400,000, Bromton Dr List:$999,900 Sold:$1,481,000, Brinloor Blvd List:$1,788,000 Sold:$1,700,000, Brimorton Dr List:$990,000 Sold:$1,365,000, Bridletowne Circ List:$899,000 Sold:$1,240,000, Bradstone Sq List:$799,000 Sold:$912,000, Boyce Ave List:$1,089,000 Sold:$1,400,000, Botany Hill Rd List:$1,150,000 Sold:$1,110,000, Blantyre Ave List:$2,190,000 Sold:$2,600,000, Birdsilver Gdns List:$1,400,000 Sold:$1,820,000, Birchmount Rd List:$899,000 Sold:$1,150,000, Benshire Dr List:$1,099,000 Sold:$1,519,000, Bendale Blvd List:$1,299,000 Sold:$1,605,000, Bellbrook Rd List:$1,888,888 Sold:$2,700,000, Bellamy Rd List:$990,000 Sold:$1,370,000, Aylesworth Ave List:$999,900 Sold:$1,299,000, Armitage Dr List:$995,000 Sold:$1,343,000, Archimedes Crt List:$1,299,000 Sold:$1,711,000, Amberjack Blvd List:$1,288,000 Sold:$1,550,000, Amarillo Dr List:$1,088,298 Sold:$1,351,000, and Abbeville Rd List:$999,000 Sold:$1,435,000.

The average selling price of a house in Scarborough was $1,453,614. The average time it took to sell a house in Scarborough was 7 days on the market during the second half of February 2022.

142 of the houses sold in Scarborough during this period were detached, 19 houses sold in Scarborough were row houses or town houses, and 15 were semi-detached houses in Scarborough, Ontario.

For any specifics on actual sale prices in Scarborough, Ontario, or to put your best listing and buying plan in place, please contact Scott Hanton directly.

Best Leslieville, Riverdale, Riverside, Pocket Real Estate Agent

A look back at E01 Toronto Real Estate Statistics September 2019.

The month of September 2019 was a brisk month for those buying and selling a freehold house in the E01 real estate zone in Toronto.

This real estate zone is comprised of Riverside and Leslieville within the neighbourhoods also known as Blake-Jones, Greenwood-Coxwell, North Riverdale and South Riverdale.

The boundaries are, from east to west: Coxwell Avenue to the DVP and south of Danforth Avenue.

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

The most expensive house sold was for $2,400,000 for a craftsman style home on Tennis Crescent in North Riverdale after multiple offers.

Other streets in this area that saw houses selling during September 2019 were Woodfield Rd List:$999,000 Sold:$1,400,000, Woodfield Rd List:$998,000 Sold:$1,002,000, Verral Ave List:$879,000 Sold:$855,000, Tennis Cres List:$1,995,000 Sold:$2,400,000, Tennis Cres List:$1,199,000 Sold:$1,500,000, Tennis Cres List:$1,049,000 Sold:$1,243,000, Seymour Ave List:$749,000 Sold:$910,000, Seymour Ave List:$679,900 Sold:$780,000, Rhodes Ave List:$1,249,000 Sold:$1,477,350, Rhodes Ave List:$999,900 Sold:$1,290,000, Rhodes Ave List:$999,000 Sold:$1,100,000, Rhodes Ave List:$799,900 Sold:$891,000, Rhodes Ave List:$629,900 Sold:$826,000, Parkmount Rd List:$998,000 Sold:$1,155,504, Munro St List:$1,029,999 Sold:$1,171,000, Mallon Ave List:$999,900 Sold:$1,075,000, Lount St List:$899,000 Sold:$995,000, Leslie St List:$948,800 Sold:$1,133,000, Larchmount Ave List:$699,000 Sold:$745,000, Lamb Ave List:$949,000 Sold:$1,152,810, Kerr Rd List:$899,000 Sold:$975,000, Jones Ave List:$1,290,000 Sold:$1,389,000, Jones Ave List:$899,000 Sold:$899,900, Ivy Ave List:$995,000 Sold:$1,100,000, Ivy Ave List:$699,000 Sold:$882,000, Howie Ave List:$1,599,000 Sold:$1,670,000, Highfield Rd List:$799,900 Sold:$1,075,411, Highfield Rd List:$950,889 Sold:$975,000, Hiawatha Rd List:$849,000 Sold:$888,800, Heward Ave List:$699,000 Sold:$800,000, Hazelwood Ave List:$999,000 Sold:$1,210,000, Hastings Ave List:$1,449,000 Sold:$1,830,000, Hastings Ave List:$989,000 Sold:$1,300,000, Hastings Ave List:$999,000 Sold:$1,300,000, Hampton Ave List:$1,499,000 Sold:$1,475,000, Greenwood Ave List:$869,000 Sold:$925,000, Greenwood Ave List:$679,000 Sold:$855,000, Grandview Ave List:$1,099,000 Sold:$1,435,000, Gerrard St E List:$1,099,000 Sold:$1,255,000, Galt Ave List:$1,249,900 Sold:$1,465,000, First Ave List:$1,689,900 Sold:$1,875,000, Earl Grey Rd List:$1,199,999 Sold:$1,135,000, Dundas St List:$995,000 Sold:$975,000, Dundas St E List:$799,000 Sold:$775,000, Dearbourne Ave List:$1,099,000 Sold:$1,551,000, Dearbourne Ave List:$985,000 Sold:$1,311,000, De Grassi St List:$1,195,000 Sold:$1,540,000, De Grassi St List:$929,000 Sold:$1,255,000, Curzon St List:$1,050,000 Sold:$999,000, Craven Rd List:$999,000 Sold:$1,300,000, Craven Rd List:$649,000 Sold:$859,000, Coady Ave List:$999,000 Sold:$1,150,000, Brooklyn Ave List:$999,000 Sold:$1,280,000, Bowden St List:$1,795,000 Sold:$1,765,000, Boulton Ave List:$889,900 Sold:$1,200,807, Boultbee Ave List:$799,000 Sold:$1,001,000, Bertmount Ave List:$999,900 Sold:$1,100,000, Bain Ave List:$1,525,000 Sold:$1,470,000, Alton Ave List:$949,000 Sold:$1,175,000, Alton Ave List:$949,900 Sold:$1,150,000, Alton Ave List:$699,900 Sold:$861,000, and Albemarle Ave List:$1,429,900 Sold:$1,675,000.

The average selling price of a house in Toronto’s E01 real estate zone was $1,196,929 during the month of September 2019. The average time it took to sell a house was 8 days on the market.

Most houses sold in this area were semi-detached houses (31 of them). Only 22 of the homes sold were fully detached houses.

Real estate sales activity: South Riverdale (29 sales), Greenwood-Coxwell (16 sales), North Riverdale (11 sales) and Blake-Jones (6 sales).

All real estate data and statistics were provided by TRREB for the months of September 2019.

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

The month of September 2019 was a busier month 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 79 successful real estate sales of freehold homes according to the MLS system.

The most expensive sale was for $1,950,000 on Binswood Avenue in the East York zone for a 4+1 bedroom detached house after 8 days on the market. 

Other streets in this area that saw houses selling during September 2019 were: Woodville Ave List:$689,900 Sold:$870,000, Woodmount Ave List:$1,499,000 Sold:$1,600,000, Woodmount Ave List:$899,000 Sold:$999,000, Woodmount Ave List:$899,900 Sold:$990,000, Woodmount Ave List:$799,800 Sold:$921,000, Woodbine Ave List:$899,000 Sold:$999,000, Woodbine Ave List:$669,000 Sold:$705,000, Woodbine Ave List:$649,900 Sold:$690,000, Wiley Ave List:$1,735,000 Sold:$1,671,250, Wiley Ave List:$899,000 Sold:$910,000, Westlake Cres List:$1,299,000 Sold:$1,400,000, Westlake Ave List:$1,199,000 Sold:$1,325,000, Westlake Ave List:$729,000 Sold:$737,000, Westlake Ave List:$599,000 Sold:$650,000, Westbrook Ave List:$899,000 Sold:$975,000, Virginia Ave List:$849,900 Sold:$925,000, Victoria Park Ave List:$549,000 Sold:$650,000, Torrens Ave List:$799,800 Sold:$920,000, Torrens Ave List:$799,900 Sold:$850,000, Thyra Ave List:$949,000 Sold:$950,000, Strathmore Blvd List:$1,299,990 Sold:$1,520,000, Strathmore Blvd List:$899,000 Sold:$1,010,000, Squires Ave List:$750,000 Sold:$890,000, Sammon Ave List:$969,000 Sold:$1,050,000, Rivercourt Blvd List:$949,900 Sold:$1,151,111, Pretoria Ave List:$1,199,000 Sold:$1,150,000, Plains Rd List:$778,000 Sold:$960,000, Oakdene Cres List:$1,820,000 Sold:$1,800,000, Oakdene Cres List:$1,397,000 Sold:$1,650,000, Oak Park Ave List:$889,000 Sold:$1,011,000, O'connor Dr List:$1,489,000 Sold:$1,440,000, Main St List:$749,000 Sold:$835,500, Logan Ave List:$1,199,000 Sold:$1,350,000, Linsmore Cres List:$849,900 Sold:$850,000, Linnsmore Cres List:$1,249,000 Sold:$1,520,000, Lesmount Ave List:$699,900 Sold:$801,000, Lesmount Ave List:$599,000 Sold:$757,000, Lankin Blvd List:$899,900 Sold:$920,000, Lankin Blvd List:$799,000 Sold:$915,000, Langford Ave List:$999,000 Sold:$1,467,000, Langford Ave List:$799,999 Sold:$805,000, King Edward Ave List:$1,050,000 Sold:$1,040,000, King Edward Ave List:$759,000 Sold:$960,000, \Hutton Ave List:$799,000 Sold:$960,000, Gowan Ave List:$1,300,000 Sold:$1,340,000, Glencrest Blvd List:$1,099,000 Sold:$1,205,000, Glenburn Ave List:$849,000 Sold:$850,000, Glen Gannon Rd List:$989,000 Sold:$1,205,000, Gledhill Ave List:$988,000 Sold:$935,000, Glebemount Ave List:$768,800 Sold:$769,000, Glebeholme Blvd List:$1,299,000 Sold:$1,500,000, Glebeholme Blvd List:$849,000 Sold:$950,734, Frater Ave List:$899,000 Sold:$980,000, Floyd Ave List:$1,599,800 Sold:$1,765,000, Elmsdale Rd List:$885,000 Sold:$935,000, Eldon Ave List:$629,900 Sold:$620,000, Eaton Ave List:$999,000 Sold:$1,061,000, Dunkirk Rd List:$1,399,999 Sold:$1,401,000, Donora Dr List:$1,558,888 Sold:$1,540,000, Don Valley Dr List:$1,500,000 Sold:$1,400,000, Dewhurst Blvd N List:$849,000 Sold:$999,999, Dawes Rd List:$699,000 Sold:$720,000, Dawes Rd List:$599,000 Sold:$550,000, Cosburn Ave List:$1,160,000 Sold:$1,100,000, Coleridge Ave List:$735,000 Sold:$816,200, Coleridge Ave List:$599,000 Sold:$631,000, Chisholm Ave List:$779,900 Sold:$765,000, Chisholm Ave List:$579,000 Sold:$579,000, Cedarvale Ave List:$1,399,000 Sold:$1,520,000, Cedarvale Ave List:$1,249,000 Sold:$1,345,000, Cedarvale Ave List:$799,000 Sold:$840,000, Cambridge Ave List:$1,499,900 Sold:$1,460,000, Broadview Ave List:$1,695,000 Sold:$1,600,000, Binswood Ave List:$1,949,000 Sold:$1,950,000, Barker Ave List:$699,000 Sold:$868,000, Barker Ave List:$599,900 Sold:$630,000, Arundel Ave List:$929,000 Sold:$1,325,000, Aldwych Ave List:$1,074,000 Sold:$1,060,000, and Adair Rd List:$799,800 Sold:$945,500.

The average selling price of a house in Toronto’s E03 real estate zone was $1,072,295 during the month of September 2019. The average time it took to sell a house was 10 days on the market.

Most houses sold in this area were detached houses (53 of them). 

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

Scarborough, Ontario Real Estate News: Property values and actual selling prices of freehold homes in Toronto’s Scarborough neighbourhoods – First half of August 2022

Scott Hanton, Real Estate Broker, loves working throughout Scarborough. And Scott loves bringing his award-winning and celebrated real estate services to buyers and sellers throughout all of Toronto and the GTA. Scott Hanton has been raising the level of quality for realtors for more than 14 years. Every property and each client are different, and Scott understands how to net you the most profit in the end.

Email Scott@HantonRealEstate.com if you’re ready for a free consultation about your house or if you’re looking for the ideal realtor to help you purchase the perfect place anywhere in Toronto or all across the GTA.

Scarborough consists of the many wonderful areas in the following real estate zones: Agincourt North, Bendale, Birchcliffe-Cliffside, Centennial Scarborough, Clairlee-Brichmount, Cliffcrest, Dorset Park, Eglinton East, Guildwood, Highland Creek, Ionview, Kennedy Park, L’Amoreaux, Malvern, Milliken, Morningside, Oakridge, Rouge E10, Rough E11, Scarborough Village, Steeles, Tam O’Shanter-Sullivan, West Hill, Wexford-Maryvale, and Woburn.

The first half of August 2022 saw a further busy time for those selling a house in Scarborough, Ontario.

There were 104 successful freehold real estate sales according to the MLS system for freehold properties throughout Scarborough.

The most expensive property sold was for $2,065,000 after 13 days on the market for a large 3+1 bedroom home in Toronto’s Birchcliffe-Cliffside neighbourhood on Courcelette Road.

Other sales in Scarborough, Ontario during the first half of August 2022 were found on Mcdonald Ave the property owner chose to list on MLS with a list price of: $750,000 versus a final selling price of: $725,000, Medford Ave the property owner chose to list on MLS with a list price of: $799,900 versus a final selling price of: $740,000, Kennedy Rd the property owner chose to list on MLS with a list price of: $759,000 versus a final selling price of: $750,000, Dunthorne Crt the property owner chose to list on MLS with a list price of: $759,000 versus a final selling price of: $755,000, Pixley Cres the property owner chose to list on MLS with a list price of: $799,888 versus a final selling price of: $800,000, Robbinstone Dr the property owner chose to list on MLS with a list price of: $799,900 versus a final selling price of: $800,000, Gorsey Sq the property owner chose to list on MLS with a list price of: $869,900 versus a final selling price of: $810,000, Dunmail Dr the property owner chose to list on MLS with a list price of: $799,000 versus a final selling price of: $830,000, Pharmacy Ave the property owner chose to list on MLS with a list price of: $769,900 versus a final selling price of: $831,100, North Woodrow Blvd the property owner chose to list on MLS with a list price of: $829,999 versus a final selling price of: $835,000, Gardentree St the property owner chose to list on MLS with a list price of: $699,900 versus a final selling price of: $850,000, Seamist Cres the property owner chose to list on MLS with a list price of: $899,000 versus a final selling price of: $855,000, Lawrence Ave E the property owner chose to list on MLS with a list price of: $899,888 versus a final selling price of: $875,000, Wilkes Cres the property owner chose to list on MLS with a list price of: $899,000 versus a final selling price of: $880,000, Mystic Ave the property owner chose to list on MLS with a list price of: $899,000 versus a final selling price of: $880,000, Blue Eagle Tr the property owner chose to list on MLS with a list price of: $799,999 versus a final selling price of: $890,000, Ardgowan Cres the property owner chose to list on MLS with a list price of: $799,000 versus a final selling price of: $900,000, Birkdale Rd the property owner chose to list on MLS with a list price of: $989,888 versus a final selling price of: $900,000, Greendowns Dr the property owner chose to list on MLS with a list price of: $999,000 versus a final selling price of: $900,000, Santamonica Blvd the property owner chose to list on MLS with a list price of: $850,000 versus a final selling price of: $915,000, Anticosti Dr the property owner chose to list on MLS with a list price of: $899,000 versus a final selling price of: $920,000, Birkdale Rd the property owner chose to list on MLS with a list price of: $910,000 versus a final selling price of: $925,000, Dorset Rd the property owner chose to list on MLS with a list price of: $999,900 versus a final selling price of: $925,000, Pandora Circ the property owner chose to list on MLS with a list price of: $860,000 versus a final selling price of: $925,500, Nuffield Dr the property owner chose to list on MLS with a list price of: $989,900 versus a final selling price of: $926,000, Rosemarie Dr the property owner chose to list on MLS with a list price of: $950,000 versus a final selling price of: $940,000, Delbert Dr the property owner chose to list on MLS with a list price of: $999,880 versus a final selling price of: $940,000, Porchester Dr the property owner chose to list on MLS with a list price of: $869,900 versus a final selling price of: $946,500, Hawkshead Cres the property owner chose to list on MLS with a list price of: $999,900 versus a final selling price of: $950,000, Ensign Pl the property owner chose to list on MLS with a list price of: $1,099,000 versus a final selling price of: $950,000, Kidbrooke Cres the property owner chose to list on MLS with a list price of: $999,900 versus a final selling price of: $956,100, Guild Hall Dr the property owner chose to list on MLS with a list price of: $969,000 versus a final selling price of: $960,000, Gilroy Dr the property owner chose to list on MLS with a list price of: $1,099,000 versus a final selling price of: $961,000, Samson Cres the property owner chose to list on MLS with a list price of: $1,005,000 versus a final selling price of: $967,000, Hurley Cres the property owner chose to list on MLS with a list price of: $998,000 versus a final selling price of: $970,000, Mayhill Cres the property owner chose to list on MLS with a list price of: $999,999 versus a final selling price of: $970,000, Ecclesfield Dr the property owner chose to list on MLS with a list price of: $799,900 versus a final selling price of: $972,500, Canlish Rd the property owner chose to list on MLS with a list price of: $974,999 versus a final selling price of: $972,999, Abbeville Rd the property owner chose to list on MLS with a list price of: $1,128,000 versus a final selling price of: $985,000, Dairy Dr the property owner chose to list on MLS with a list price of: $949,000 versus a final selling price of: $990,000, Khartoum Ave the property owner chose to list on MLS with a list price of: $1,039,900 versus a final selling price of: $991,000, Jarwick Dr the property owner chose to list on MLS with a list price of: $998,900 versus a final selling price of: $995,000, Morning Dew Rd the property owner chose to list on MLS with a list price of: $999,000 versus a final selling price of: $998,000, Applefield Dr the property owner chose to list on MLS with a list price of: $899,000 versus a final selling price of: $999,000, Prince Philip Blvd the property owner chose to list on MLS with a list price of: $999,900 versus a final selling price of: $999,900, Merryfield Dr N the property owner chose to list on MLS with a list price of: $1,092,000 versus a final selling price of: $999,999, Droxford Ave the property owner chose to list on MLS with a list price of: $1,049,000 versus a final selling price of: $1,005,000, Arlene Cres the property owner chose to list on MLS with a list price of: $1,049,900 versus a final selling price of: $1,010,800, Pharmacy Ave the property owner chose to list on MLS with a list price of: $949,900 versus a final selling price of: $1,012,000, Mclevin Ave the property owner chose to list on MLS with a list price of: $1,075,000 versus a final selling price of: $1,015,000, Denton Ave the property owner chose to list on MLS with a list price of: $1,099,000 versus a final selling price of: $1,015,000, Benshire Dr the property owner chose to list on MLS with a list price of: $997,700 versus a final selling price of: $1,025,000, Tripp Cres the property owner chose to list on MLS with a list price of: $999,000 versus a final selling price of: $1,030,000, Bathgate Dr the property owner chose to list on MLS with a list price of: $1,175,000 versus a final selling price of: $1,039,300, Mossbank Dr the property owner chose to list on MLS with a list price of: $989,000 versus a final selling price of: $1,050,000, Oakridge Dr the property owner chose to list on MLS with a list price of: $1,029,000 versus a final selling price of: $1,050,000, Guildwood Pkwy the property owner chose to list on MLS with a list price of: $1,099,900 versus a final selling price of: $1,050,000, Oasis Blvd W the property owner chose to list on MLS with a list price of: $1,299,000 versus a final selling price of: $1,050,000, Brooklawn Ave the property owner chose to list on MLS with a list price of: $1,100,000 versus a final selling price of: $1,062,000, Enchanted Hills Cres the property owner chose to list on MLS with a list price of: $1,129,000 versus a final selling price of: $1,070,000, Hepscott Terr the property owner chose to list on MLS with a list price of: $899,000 versus a final selling price of: $1,075,000, Sedgewick Cres the property owner chose to list on MLS with a list price of: $1,199,000 versus a final selling price of: $1,080,001, Enchanted Hills Cres the property owner chose to list on MLS with a list price of: $999,000 versus a final selling price of: $1,100,000, Cedar Brae Blvd the property owner chose to list on MLS with a list price of: $1,099,000 versus a final selling price of: $1,100,000, Holmcrest Tr the property owner chose to list on MLS with a list price of: $1,200,000 versus a final selling price of: $1,100,000, Bonnydon Cres the property owner chose to list on MLS with a list price of: $1,199,900 versus a final selling price of: $1,110,000, Nightingale Pl the property owner chose to list on MLS with a list price of: $899,000 versus a final selling price of: $1,140,000, Mayhill Cres the property owner chose to list on MLS with a list price of: $1,189,000 versus a final selling price of: $1,150,000, Lofthouse Sq the property owner chose to list on MLS with a list price of: $1,199,900 versus a final selling price of: $1,150,000, Wharnsby Dr the property owner chose to list on MLS with a list price of: $1,249,000 versus a final selling price of: $1,150,000, Schubert Dr the property owner chose to list on MLS with a list price of: $1,198,000 versus a final selling price of: $1,160,000, Tidefall Dr the property owner chose to list on MLS with a list price of: $928,888 versus a final selling price of: $1,165,000, Wexford Blvd the property owner chose to list on MLS with a list price of: $1,265,000 versus a final selling price of: $1,170,000, Maberley Cres the property owner chose to list on MLS with a list price of: $958,000 versus a final selling price of: $1,175,000, Tweedrock Cres the property owner chose to list on MLS with a list price of: $999,999 versus a final selling price of: $1,175,000, Grandor Crt the property owner chose to list on MLS with a list price of: $1,149,900 versus a final selling price of: $1,175,000, Peace Dr the property owner chose to list on MLS with a list price of: $1,268,000 versus a final selling price of: $1,180,000, Crayford Dr the property owner chose to list on MLS with a list price of: $1,188,000 versus a final selling price of: $1,190,000, Allanford Rd the property owner chose to list on MLS with a list price of: $1,259,000 versus a final selling price of: $1,206,000, Sonmore Dr the property owner chose to list on MLS with a list price of: $1,298,000 versus a final selling price of: $1,220,000, Mossbrook Cres the property owner chose to list on MLS with a list price of: $1,300,000 versus a final selling price of: $1,250,000, Gaslight Cres the property owner chose to list on MLS with a list price of: $1,300,000 versus a final selling price of: $1,250,000, Pitt Ave the property owner chose to list on MLS with a list price of: $1,359,000 versus a final selling price of: $1,250,000, Benary Cres the property owner chose to list on MLS with a list price of: $999,777 versus a final selling price of: $1,260,000, Yorkshire Rd the property owner chose to list on MLS with a list price of: $1,349,000 versus a final selling price of: $1,260,000, Nettlecreek Cres the property owner chose to list on MLS with a list price of: $1,328,000 versus a final selling price of: $1,308,000, Stainforth Dr the property owner chose to list on MLS with a list price of: $1,388,000 versus a final selling price of: $1,350,000, Dragonfly Cres E the property owner chose to list on MLS with a list price of: $1,499,900 versus a final selling price of: $1,350,000, Fishleigh Dr the property owner chose to list on MLS with a list price of: $1,349,900 versus a final selling price of: $1,375,000, Hillfarm Dr the property owner chose to list on MLS with a list price of: $899,900 versus a final selling price of: $1,388,000, Harringay Cres the property owner chose to list on MLS with a list price of: $1,488,000 versus a final selling price of: $1,399,000, Sonneck Sq the property owner chose to list on MLS with a list price of: $1,150,000 versus a final selling price of: $1,400,000, Statesman Sq the property owner chose to list on MLS with a list price of: $1,450,000 versus a final selling price of: $1,400,000, Groomsport Cres the property owner chose to list on MLS with a list price of: $1,188,000 versus a final selling price of: $1,410,000, Sheppard Ave E the property owner chose to list on MLS with a list price of: $1,499,999 versus a final selling price of: $1,430,000, Brimley Rd the property owner chose to list on MLS with a list price of: $1,549,000 versus a final selling price of: $1,500,000, Cleta Dr the property owner chose to list on MLS with a list price of: $1,550,000 versus a final selling price of: $1,500,000, Conference Blvd the property owner chose to list on MLS with a list price of: $1,588,000 versus a final selling price of: $1,500,000, Nortonville Dr the property owner chose to list on MLS with a list price of: $999,000 versus a final selling price of: $1,530,000, Cedar Dr the property owner chose to list on MLS with a list price of: $1,650,000 versus a final selling price of: $1,600,000, Westbourne Ave the property owner chose to list on MLS with a list price of: $1,729,000 versus a final selling price of: $1,729,000, King Louis Cres the property owner chose to list on MLS with a list price of: $1,868,000 versus a final selling price of: $1,758,000, Meadowacres Dr the property owner chose to list on MLS with a list price of: $2,000,000 versus a final selling price of: $1,970,000, and Courcelette Rd the property owner chose to list on MLS with a list price of: $2,149,000 versus a final selling price of: $2,065,000.

The average selling price of a house in Scarborough was $1,100,420. The average time it took to sell a house in Scarborough was 17 days on the market during the first half of August 2022.

83 of the houses sold in Scarborough during this period were detached, 10 houses sold in Scarborough were row houses or town houses, and 9 were semi-detached houses in Scarborough, Ontario.

For any specifics on actual sale prices in Scarborough, Ontario, or to put your best listing and buying plan in place, please contact Scott Hanton directly.

A look back at E03 Toronto Real Estate Statistics July 2018

The month of July 2018 slowed down a bit for those buying and selling a freehold house in the E03 real estate zone in Toronto and the buyer agents helping Toronto buyers.

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 53 successful real estate sales of freehold homes by buyers with buyer agents.

The most expensive property sold was for $1,875,000 on Barbara Crescent in East York, and sold firm after 6 days on the market. It was double-ended by the listing agent, meaning the listing agent represented both the seller and the buyer (arguably a conflict of interest).

Other streets in East York that saw houses selling during July 2018 were Woodbine Ave - Homeowner List Price on Realtor.ca: $599,900 - Winning bid from the purchaser: $504,000, Cedarvale Ave - Homeowner List Price on Realtor.ca: $399,000 - Winning bid from the purchaser: $521,000, Westlake Ave Toronto Ontario M4C4R6 - Homeowner List Price on Realtor.ca: $600,000 - Winning bid from the purchaser: $602,000, Rosevear Ave Toronto Ontario M4C1Z2 - Homeowner List Price on Realtor.ca: $479,000 - Winning bid from the purchaser: $620,000, Cadorna Ave Toronto Ontario M4J3W9 - Homeowner List Price on Realtor.ca: $649,900 - Winning bid from the purchaser: $661,000, Goodwood Park Cres Toronto Ontario M4C2G6 - Homeowner List Price on Realtor.ca: $699,000 - Winning bid from the purchaser: $675,000, Cosburn Ave Toronto Ontario M4C2V4 - Homeowner List Price on Realtor.ca: $699,900 - Winning bid from the purchaser: $680,000, O'connor Dr Toronto Ontario M4J2T1 - Homeowner List Price on Realtor.ca: $674,900 - Winning bid from the purchaser: $685,000, Coleridge Ave Toronto Ontario M4C4H6 - Homeowner List Price on Realtor.ca: $698,800 - Winning bid from the purchaser: $700,000, Westview Blvd Toronto Ontario M4B3J1 - Homeowner List Price on Realtor.ca: $499,900 - Winning bid from the purchaser: $706,866, Sammon Ave Toronto Ontario M4C 2E3 - Homeowner List Price on Realtor.ca: $799,000 - Winning bid from the purchaser: $747,000, Woodville Ave Toronto Ontario M4J2R4 - Homeowner List Price on Realtor.ca: $799,000 - Winning bid from the purchaser: $750,000, Holborne Ave Toronto Ontario M4C2R9 - Homeowner List Price on Realtor.ca: $699,900 - Winning bid from the purchaser: $760,000, Cosburn Ave Toronto Ontario M4G2V4 - Homeowner List Price on Realtor.ca: $799,900 - Winning bid from the purchaser: $770,000, Yardley Ave Toronto Ontario M4B2A9 - Homeowner List Price on Realtor.ca: $749,900 - Winning bid from the purchaser: $780,000, Frater Ave Toronto Ontario M4C2H7 - Homeowner List Price on Realtor.ca: $799,000 - Winning bid from the purchaser: $790,000, Woodbine Ave Toronto Ontario M4C4C6 - Homeowner List Price on Realtor.ca: $649,000 - Winning bid from the purchaser: $800,000, Pape Ave Toronto Ontario M4K3T2 - Homeowner List Price on Realtor.ca: $830,000 - Winning bid from the purchaser: $800,000, Woodbine Ave Toronto Ontario M4C 4C9 - Homeowner List Price on Realtor.ca: $849,900 - Winning bid from the purchaser: $829,275, Westlake Cres Toronto Ontario M4C2X3 - Homeowner List Price on Realtor.ca: $869,000 - Winning bid from the purchaser: $870,000, Crestland Ave Toronto Ontario M4C3L1 - Homeowner List Price on Realtor.ca: $749,900 - Winning bid from the purchaser: $872,000, Lankin Blvd Toronto Ontario M4J 4W8 - Homeowner List Price on Realtor.ca: $867,900 - Winning bid from the purchaser: $879,000, Cedarvale Ave Toronto Ontario M4C 4K5 - Homeowner List Price on Realtor.ca: $899,000 - Winning bid from the purchaser: $900,000, Milton Rd Toronto Ontario M4J4V2 - Homeowner List Price on Realtor.ca: $849,900 - Winning bid from the purchaser: $901,000, Coxwell Ave Toronto Ontario M4C 3G6 - Homeowner List Price on Realtor.ca: $775,000 - Winning bid from the purchaser: $910,000, Sammon Ave Toronto Ontario M4J1Z2 - Homeowner List Price on Realtor.ca: $729,000 - Winning bid from the purchaser: $942,000, Coxwell Ave Toronto Ontario M4C3E3 - Homeowner List Price on Realtor.ca: $999,000 - Winning bid from the purchaser: $943,000, Gowan Ave Toronto Ontario M4J2K6 - Homeowner List Price on Realtor.ca: $989,000 - Winning bid from the purchaser: $950,000, Durant Ave Toronto Ontario M4J4V9 - Homeowner List Price on Realtor.ca: $899,900 - Winning bid from the purchaser: $955,000, Marlow Ave Toronto Ontario M4J3T8 - Homeowner List Price on Realtor.ca: $799,000 - Winning bid from the purchaser: $980,000, Broadview Ave Toronto Ontario M4K2R9 - Homeowner List Price on Realtor.ca: $799,000 - Winning bid from the purchaser: $985,000, Milverton Blvd Toronto Ontario M4J1V2 - Homeowner List Price on Realtor.ca: $849,900 - Winning bid from the purchaser: $995,000, East York Ave Toronto Ontario M4K3Z9 - Homeowner List Price on Realtor.ca: $999,999 - Winning bid from the purchaser: $995,000, Mortimer Ave - Homeowner List Price on Realtor.ca: $849,000 - Winning bid from the purchaser: $999,900, Chisholm Ave Toronto Ontario M4C4V9 - Homeowner List Price on Realtor.ca: $999,800 - Winning bid from the purchaser: $1,010,000, Newmarket Ave Toronto Ontario M4C1V9 - Homeowner List Price on Realtor.ca: $985,000 - Winning bid from the purchaser: $1,030,000, Torrens Ave Toronto Ontario M4J2P5 - Homeowner List Price on Realtor.ca: $1,095,900 - Winning bid from the purchaser: $1,038,000, Arundel Ave Toronto Ontario M4K3B1 - Homeowner List Price on Realtor.ca: $800,000 - Winning bid from the purchaser: $1,040,000, Muriel Ave Toronto Ontario M4J2Y3 - Homeowner List Price on Realtor.ca: $995,000 - Winning bid from the purchaser: $1,100,000, Glen Albert Dr Toronto Ontario M4B1J3 - Homeowner List Price on Realtor.ca: $1,119,000 - Winning bid from the purchaser: $1,100,000, Dewhurst Blvd Toronto Ontario M4J3J9 - Homeowner List Price on Realtor.ca: $979,000 - Winning bid from the purchaser: $1,161,000, Milverton Blvd Toronto Ontario M4C 1Y3 - Homeowner List Price on Realtor.ca: $1,288,000 - Winning bid from the purchaser: $1,215,000, Wallington Ave Toronto Ontario M4C2M7 - Homeowner List Price on Realtor.ca: $998,000 - Winning bid from the purchaser: $1,253,000, Memorial Park Ave Toronto Ontario M4J 2K1 - Homeowner List Price on Realtor.ca: $1,179,000 - Winning bid from the purchaser: $1,350,000, Memorial Park Ave Toronto Ontario M4J2K1 - Homeowner List Price on Realtor.ca: $1,198,000 - Winning bid from the purchaser: $1,365,000, Northbrook Rd Toronto Ontario M4J4G1 - Homeowner List Price on Realtor.ca: $1,449,000 - Winning bid from the purchaser: $1,379,000, Woodycrest Ave Toronto Ontario M4J3B3 - Homeowner List Price on Realtor.ca: $1,448,000 - Winning bid from the purchaser: $1,435,000, Browning Ave Toronto Ontario M4K1V7 - Homeowner List Price on Realtor.ca: $1,249,900 - Winning bid from the purchaser: $1,535,000, Woodmount Ave Toronto Ontario M4C3Z8 - Homeowner List Price on Realtor.ca: $1,599,000 - Winning bid from the purchaser: $1,560,000, Glebemount Ave Toronto Ontario M4C3V5 - Homeowner List Price on Realtor.ca: $1,598,000 - Winning bid from the purchaser: $1,590,000, Gamble Ave Toronto Ontario M4J2P3 - Homeowner List Price on Realtor.ca: $1,750,000 - Winning bid from the purchaser: $1,670,000, Ferris Rd Toronto Ontario M4B1G4 - Homeowner List Price on Realtor.ca: $1,799,000 - Winning bid from the purchaser: $1,750,000, and Barbara Cres Toronto Ontario M4C 3B2 - Homeowner List Price on Realtor.ca: $1,999,000 - Winning bid from the purchaser: $1,875,000.

The average selling price of a house in Toronto’s E03 real estate zone was $998,378 during the month of July 2018. The average time it took to sell a house was 17 days on the market by some of Toronto's most favourite real estate agents.

Most houses sold in this area were detached houses (38 detached houses). 

All real estate data and statistics were provided for the month of July 2018.

Scarborough, Ontario Real Estate News: Property values and actual selling prices of freehold homes in Toronto’s Scarborough neighbourhoods – January and February 2021

Is January and February good or bad winter months to sell a house? What about buying? Should I start my real estate search with a buyer agent in the winter?

Scott Hanton, Real Estate Broker, loves working throughout Scarborough. And Scott loves bringing his award-winning and celebrated real estate services to buyers and sellers throughout all of Toronto and the GTA. Scott Hanton has been raising the level of quality for realtors for more than 14 years. Every property and each client are different, and Scott understands how to net you the most profit in the end. 

Email Scott@HantonRealEstate.com if you’re ready for a free consultation about your house or if you’re looking for the ideal realtor to help you purchase the perfect place anywhere in Toronto or all across the GTA.

Scarborough consists of the many wonderful areas in the following real estate zones: Agincourt North, Bendale, Birchcliffe-Cliffside, Centennial Scarborough, Clairlee-Brichmount, Cliffcrest, Dorset Park, Eglinton East, Guildwood, Highland Creek, Ionview, Kennedy Park, L’Amoreaux, Malvern, Milliken, Morningside, Oakridge, Rouge E10, Rough E11, Scarborough Village, Steeles, Tam O’Shanter-Sullivan, West Hill, Wexford-Maryvale, and Woburn.

January and February 2021 saw a 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 Scarborough, Ontario.

Specifically, in the E04 real estate zone, there were 82 successful freehold real estate sales for freehold properties throughout Scarborough.

The most expensive property sold was for $2,500,000 after 18 days on the market for a large 4+3 bedroom in Toronto’s Wexford-Maryvale neighbourhood on Elinor Avenue. 

Other sales in Scarborough, Ontario during January and February 2021 were found on Kennedy Rd Toronto Ontario M1K2C5 - Best Listing Price Strategy: $679,000 - Which offer did the seller choose? $670,000, Midland Ave Toronto Ontario M1K4C6 - Best Listing Price Strategy: $579,000 - Which offer did the seller choose? $760,000, Gerigs St Toronto Ontario M1L0B9 - Best Listing Price Strategy: $699,000 - Which offer did the seller choose? $767,000, Kennedy Rd Toronto Ontario M1K2C5 - Best Listing Price Strategy: $699,900 - Which offer did the seller choose? $767,000, Willowmount Dr Toronto Ontario M1Y1L1 - Best Listing Price Strategy: $699,900 - Which offer did the seller choose? $790,100, Fusilier Dr Toronto Ontario M1L0C2 - Best Listing Price Strategy: $799,900 - Which offer did the seller choose? $800,000, North Bonnington Ave Toronto Ontario M1K 1X3 - Best Listing Price Strategy: $799,000 - Which offer did the seller choose? $805,000, Mack Ave Toronto Ontario M1L1L9 - Best Listing Price Strategy: $699,900 - Which offer did the seller choose? $811,000, Kilmarnock Ave Toronto Ontario M1K1Y5 - Best Listing Price Strategy: $649,000 - Which offer did the seller choose? $820,000, Winter Ave Toronto Ontario M1K4L8 - Best Listing Price Strategy: $699,000 - Which offer did the seller choose? $825,101, Anaconda Ave Toronto Ontario M1L4M1 - Best Listing Price Strategy: $739,900 - Which offer did the seller choose? $827,500, North Woodrow Blvd Toronto Ontario M1K1W6 - Best Listing Price Strategy: $789,000 - Which offer did the seller choose? $830,000, Vauxhall Dr Toronto Ontario M1P1R2 - Best Listing Price Strategy: $850,000 - Which offer did the seller choose? $850,000, Birchmount Rd Toronto Ontario M1P2E2 - Best Listing Price Strategy: $599,000 - Which offer did the seller choose? $870,000, North Woodrow Blvd Toronto Ontario M1K1W7 - Best Listing Price Strategy: $750,000 - Which offer did the seller choose? $871,000, Pidgeon St Toronto Ontario M1L 0C9 - Best Listing Price Strategy: $875,000 - Which offer did the seller choose? $881,000, Santamonica Blvd Toronto Ontario M1L4H6 - Best Listing Price Strategy: $769,900 - Which offer did the seller choose? $881,126, North Edgely Ave Toronto Ontario M1K1T7 - Best Listing Price Strategy: $749,900 - Which offer did the seller choose? $891,000, Samya Crt Toronto Ontario M1R2A5 - Best Listing Price Strategy: $798,000 - Which offer did the seller choose? $900,000, Ellesmere Rd Toronto Ontario M1R4E3 - Best Listing Price Strategy: $799,000 - Which offer did the seller choose? $900,000, Hollydene Rd Toronto Ontario M1L2A4 - Best Listing Price Strategy: $899,999 - Which offer did the seller choose? $900,000, Ellendale Dr Toronto Ontario M1P1P1 - Best Listing Price Strategy: $699,900 - Which offer did the seller choose? $905,000, Glasgow Ave Toronto Ontario M1K1B9 - Best Listing Price Strategy: $899,900 - Which offer did the seller choose? $920,000, Glenshephard Dr Toronto Ontario M1K4N2 - Best Listing Price Strategy: $729,000 - Which offer did the seller choose? $923,000, Laurel Ave Toronto Ontario M1K 3J3 - Best Listing Price Strategy: $800,000 - Which offer did the seller choose? $925,000, Newlands Ave Toronto Ontario M1L1R9 - Best Listing Price Strategy: $700,000 - Which offer did the seller choose? $925,100, Anaconda Ave Toronto Ontario M1L4M4 - Best Listing Price Strategy: $799,000 - Which offer did the seller choose? $930,000, Victoria Park Ave Toronto Ontario M4B 2J2 - Best Listing Price Strategy: $799,000 - Which offer did the seller choose? $940,000, Blaisdale Rd Toronto Ontario M1P1W2 - Best Listing Price Strategy: $949,000 - Which offer did the seller choose? $940,000, Fusilier Dr Toronto Ontario M1L 0J4 - Best Listing Price Strategy: $929,900 - Which offer did the seller choose? $945,500, Clapperton Ave Toronto Ontario M1L4K8 - Best Listing Price Strategy: $749,000 - Which offer did the seller choose? $950,000, Cleanside Rd Toronto Ontario M1L 0J4 - Best Listing Price Strategy: $838,000 - Which offer did the seller choose? $950,000, Dairy Dr Toronto Ontario M1L0E9 - Best Listing Price Strategy: $940,000 - Which offer did the seller choose? $950,000, Christina Cres Toronto Ontario M1R4H7 - Best Listing Price Strategy: $960,000 - Which offer did the seller choose? $950,000, Linden Ave Toronto Ontario M1K 3H6 - Best Listing Price Strategy: $799,000 - Which offer did the seller choose? $960,000, Deanvar Ave Toronto Ontario M1R 2N3 - Best Listing Price Strategy: $929,950 - Which offer did the seller choose? $962,000, Laurel Ave Toronto Ontario M1K3J9 - Best Listing Price Strategy: $979,000 - Which offer did the seller choose? $965,000, Marchington Circ Toronto Ontario M1R3N1 - Best Listing Price Strategy: $699,900 - Which offer did the seller choose? $985,000, Lupin Dr Toronto Ontario M1R4X4 - Best Listing Price Strategy: $775,000 - Which offer did the seller choose? $985,000, Flora Dr Toronto Ontario M1P1A9 - Best Listing Price Strategy: $849,900 - Which offer did the seller choose? $987,000, Warden Ave Toronto Ontario M1R 2R4 - Best Listing Price Strategy: $1,068,000 - Which offer did the seller choose? $994,000, Commonwealth Ave Toronto Ontario M1K4K4 - Best Listing Price Strategy: $799,900 - Which offer did the seller choose? $999,000, Maybourne Ave Toronto Ontario M1L2V9 - Best Listing Price Strategy: $789,999 - Which offer did the seller choose? $999,999, Karnwood Dr Toronto Ontario M1L2Z5 - Best Listing Price Strategy: $799,900 - Which offer did the seller choose? $999,999, Pharmacy Ave Toronto Ontario M1R2G2 - Best Listing Price Strategy: $1,030,000 - Which offer did the seller choose? $1,005,000, Wye Valley Rd Toronto Ontario - Best Listing Price Strategy: $799,900 - Which offer did the seller choose? $1,025,000, Pilkington Dr Toronto Ontario M1L0A7 - Best Listing Price Strategy: $988,000 - Which offer did the seller choose? $1,030,000, Frey Cres Toronto Ontario M1R2C5 - Best Listing Price Strategy: $899,900 - Which offer did the seller choose? $1,032,000, Pharmacy Ave Toronto Ontario M1R2J2 - Best Listing Price Strategy: $988,000 - Which offer did the seller choose? $1,042,000, Faulkland Rd Toronto Ontario M1L3S2 - Best Listing Price Strategy: $999,888 - Which offer did the seller choose? $1,052,500, Highwood Ave Toronto Ontario M1R2E4 - Best Listing Price Strategy: $979,000 - Which offer did the seller choose? $1,055,000, Camilla Cres Toronto Ontario M1L1Y9 - Best Listing Price Strategy: $740,000 - Which offer did the seller choose? $1,056,000, Vernadale Cres Toronto Ontario M1L3M5 - Best Listing Price Strategy: $949,000 - Which offer did the seller choose? $1,082,000, Birchmount Rd Toronto Ontario M1P 2G3 - Best Listing Price Strategy: $899,000 - Which offer did the seller choose? $1,095,000, Lioba Dr Toronto Ontario M1L4V1 - Best Listing Price Strategy: $999,999 - Which offer did the seller choose? $1,095,000, Delwood Dr Toronto Ontario M1L2S7 - Best Listing Price Strategy: $1,025,000 - Which offer did the seller choose? $1,100,001, Leahann Dr Toronto Ontario M1P1B8 - Best Listing Price Strategy: $899,900 - Which offer did the seller choose? $1,105,000, Manhattan Dr Toronto Ontario M1R3V5 - Best Listing Price Strategy: $1,149,000 - Which offer did the seller choose? $1,125,551, Shangarry Dr Toronto Ontario M1R1A8 - Best Listing Price Strategy: $899,900 - Which offer did the seller choose? $1,125,786, Dorine Cres Toronto Ontario M1L1Y8 - Best Listing Price Strategy: $899,800 - Which offer did the seller choose? $1,127,000, Fusilier Dr Toronto Ontario M1L 0C9 - Best Listing Price Strategy: $939,000 - Which offer did the seller choose? $1,128,888, Goldsmith Ave Toronto Ontario M1R2M1 - Best Listing Price Strategy: $999,000 - Which offer did the seller choose? $1,150,000, Wye Valley Rd Toronto Ontario M1P2B1 - Best Listing Price Strategy: $1,199,000 - Which offer did the seller choose? $1,155,000, Roselm Rd Toronto Ontario M1R3Y6 - Best Listing Price Strategy: $950,000 - Which offer did the seller choose? $1,160,000, Pilkington Dr 

Toronto Ontario M1L0A5 - Best Listing Price Strategy: $1,088,000 - Which offer did the seller choose? $1,181,000, Maida Vale Toronto Ontario M1K2X7 - Best Listing Price Strategy: $1,199,900 - Which offer did the seller choose? $1,200,000, Ellesmere Rd E Toronto Ontario M1P2W3 - Best Listing Price Strategy: $1,249,000 - Which offer did the seller choose? $1,200,000, Dairy Dr Toronto Ontario M1L0G2 - Best Listing Price Strategy: $1,249,900 - Which offer did the seller choose? $1,200,000, Rothwell Rd Toronto Ontario M1R4K6 - Best Listing Price Strategy: $799,000 - Which offer did the seller choose? $1,200,019, Porter Cres Toronto Ontario M1P1E8 - Best Listing Price Strategy: $899,900 - Which offer did the seller choose? $1,225,000, Linden Ave Toronto Ontario M1K3H8 - Best Listing Price Strategy: $1,279,000 - Which offer did the seller choose? $1,250,000, Magnolia Ave Toronto Ontario M1K3K7 - Best Listing Price Strategy: $1,199,900 - Which offer did the seller choose? $1,276,000, Pharmacy Ave Toronto Ontario M1L3G6 - Best Listing Price Strategy: $1,285,000 - Which offer did the seller choose? $1,280,000, Mondeo Dr Toronto Ontario M1P 5B9 - Best Listing Price Strategy: $1,188,000 - Which offer did the seller choose? $1,350,000, Elinor Ave Toronto Ontario M1R3H3 - Best Listing Price Strategy: $1,499,000 - Which offer did the seller choose? $1,458,000, Westbourne Ave Toronto Ontario M1L2Y3 - Best Listing Price Strategy: $1,499,000 - Which offer did the seller choose? $1,505,000, Janet Blvd Toronto Ontario M1R1H6 - Best Listing Price Strategy: $1,679,000 - Which offer did the seller choose? $1,550,000, Midland Ave Toronto Ontario M1K4E7 - Best Listing Price Strategy: $999,000 - Which offer did the seller choose? $1,585,000, Westbourne Ave

Toronto Ontario M1L2X9 - Best Listing Price Strategy: $1,449,000 - Which offer did the seller choose? $1,630,100, Elinor Ave Toronto Ontario M1R3H4 - Best Listing Price Strategy: $2,475,000 - Which offer did the seller choose? $2,410,000, Tardree Pl Toronto Ontario M1R3X2 - Best Listing Price Strategy: $2,499,000 - Which offer did the seller choose? $2,450,000, and Elinor Ave Toronto Ontario M1R3H3 - Best Listing Price Strategy: $2,599,000 - Which offer did the seller choose? $2,500,000.

The average selling price of a house in Scarborough E04 was $1,085,480. The average time it took to sell a house in Scarborough was 13 days on the market during January and February 2021.

61 of the houses sold in Scarborough during this period were detached, 9 houses sold in Scarborough were row houses or town houses, and 12 were semi-detached houses in Scarborough, Ontario.

For any specifics on actual sale prices in Scarborough, Ontario, or to put your best listing and buying plan in place, please contact Scott Hanton directly.

Real estate is a highly competitive industry in Toronto and the Greater Toronto Area (GTA). With over 50,000 registered real estate agents in the region, it can be difficult for any individual agent to stand out and be successful. However, despite the large number of agents, a small number of them tend to do the bulk of the business, with the majority of agents struggling to make a living.

This phenomenon can be explained by a number of factors, including the level of competition, the importance of reputation, and the changing dynamics of the real estate industry in Toronto and the GTA. In this essay, we will explore these factors and their impact on the success of real estate agents in the region.

Competition in the Toronto and GTA Real Estate Market

One of the primary reasons why only a small number of real estate agents in Toronto and the GTA are able to dominate the market is the level of competition. With so many agents vying for business, it can be difficult for any one agent to stand out and attract clients. As a result, many agents struggle to make a living and are forced to leave the industry within a few years of starting their careers.

The level of competition in the real estate industry in Toronto and the GTA is driven by a number of factors. One of the most significant is the high demand for housing in the region. The population of the GTA has been growing rapidly over the past few decades, with many people moving to the area for work and other opportunities. This has led to a shortage of housing, particularly in the downtown core, and has made it difficult for people to find affordable homes.

As a result, the real estate market in Toronto and the GTA has become highly competitive, with many agents vying for a limited number of clients. In addition, the high cost of living in the region has made it difficult for many agents to survive, as they are forced to compete for a smaller pool of buyers and sellers.

Reputation and Trust in the Real Estate Industry

Another important factor that contributes to the success of real estate agents in Toronto and the GTA is reputation and trust. In order to succeed in the real estate industry, agents need to establish themselves as reliable, trustworthy professionals who are able to help their clients navigate the complex process of buying or selling a home.

This requires a great deal of work and effort on the part of the agent, including building relationships with clients, staying up to date on market trends, and developing a strong reputation within the industry. For many agents, this can take years of hard work and dedication, and requires a significant investment of time and resources.

However, for those agents who are able to establish themselves as trusted professionals within the industry, the rewards can be significant. These agents are able to attract a large number of clients through word of mouth and referrals, and are often able to command higher fees and commissions as a result.

Changing Dynamics of the Real Estate Industry

The real estate industry in Toronto and the GTA has undergone significant changes over the past few decades, driven by advances in technology and changes in consumer behavior. One of the most significant changes has been the rise of online real estate platforms, which have made it easier for buyers and sellers to connect directly with each other.

This has had a significant impact on the role of real estate agents in the industry, as many buyers and sellers are now able to bypass agents altogether and connect directly with each other. As a result, many agents have had to adapt to these changes by developing new skills and expertise, and by finding new ways to add value to the real estate transaction.

Real estate is a highly competitive industry, and becoming everyone's favourite realtor takes more than just having a license and a charming personality. It requires a set of traits and skills that distinguish top-performing real estate agents from the rest. In this article, we will discuss the traits and skills that make a real estate agent everyone's favourite realtor.

1. Professionalism Professionalism is a crucial trait that every real estate agent should possess. 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.
2. Market Knowledge Market knowledge is the foundation of any successful real estate career. A top-performing realtor must have a deep understanding of the local real estate market, including recent trends, pricing, and regulations. They should also be able to provide their clients with relevant data and insights that help them make informed decisions. A realtor who possesses extensive market knowledge can help their clients buy or sell properties at the best possible price.
3. Honesty and Integrity Honesty and integrity are two traits that are highly valued by clients. A favourite realtor 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.
4. Negotiation Skills Negotiation skills are essential for a real estate agent to become everyone's favourite realtor. 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.
5. Communication Skills Effective communication skills are essential for a real estate agent to succeed in the industry. A top-performing realtor 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.
6. Attention to Detail Attention to detail is crucial for a real estate agent to become everyone's favourite realtor. 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.
7. Flexibility Flexibility is another essential trait that a real estate agent should possess. They should be able to adapt to changing market conditions and client needs. A flexible realtor can adjust their strategies to suit the needs of their clients, which leads to successful transactions and satisfied clients.
8. Positive Attitude A positive attitude is infectious and can inspire confidence in clients. A 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. A favourite realtor should be optimistic, upbeat, and able to keep their clients motivated throughout the transaction.
9. Technology Skills Technology has revolutionized the real estate industry, and a top-performing realtor must be proficient in using technology to their advantage. They should be familiar with online listings, social media, and other digital marketing channels. They should also be able to use technology to communicate with clients and streamline transactions.
10. Empathy Empathy is a crucial trait that makes a real estate agent everyone's favourite realtor. They should be able to understand their clients' needs and emotions, whether they are buying or selling a property. A realtor who can empathize with their clients can build trust and rapport, which leads to successful real estate journeys.

Becoming everyone's preferred real estate agent can be a challenging but rewarding career path. It requires dedication, hard work, and a commitment to providing exceptional service to clients. In this guide, we will discuss the steps you can take to become everyone's favourite Toronto real estate agent.

Step 1: Get Educated

The first step in becoming a successful real estate agent is to get educated. You should have a thorough understanding of the real estate market, including market trends, pricing strategies, and the buying and selling process.

There are several ways to get educated in the field of real estate. One option is to enroll in a real estate course or certification program. These programs provide a comprehensive overview of the real estate industry and can help you develop the skills and knowledge needed to succeed in the field.

Another option is to work with an experienced real estate agent and learn from their expertise. Many real estate agents offer mentorship programs or apprenticeships, which can be an excellent way to gain hands-on experience and learn from someone who has been successful in the industry.

Step 2: Develop Your Skills

Becoming a successful Toronto real estate agent requires a range of skills, including communication, negotiation, and problem-solving. You should work on developing these skills to become more effective in your role.

One way to develop your skills is to take courses or workshops that focus on these areas. For example, you could take a course in negotiation skills or attend a workshop on effective communication.

Another way to develop your skills is to seek out opportunities to practice them. This could include working on negotiation skills during the buying or selling process or practicing communication skills with clients.

Step 3: Build Your Toronto and GTA Network

Building a strong network is critical to becoming everyone's preferred real estate agent. Your network should include other real estate agents, industry professionals, and potential clients.

One way to build your network is to attend industry events, such as real estate conferences or networking events. These events provide an opportunity to meet other professionals in the industry and develop relationships that can lead to new business opportunities.

You should also focus on building relationships with your clients. This includes staying in touch with them after a transaction is complete and keeping them informed of new opportunities in the market. Building a strong client base can lead to repeat business and referrals, which can help you grow your business over time.

Step 4: Provide Exceptional Service

Providing exceptional service is the key to becoming everyone's preferred real estate agent. This includes being responsive to client needs, providing timely and accurate information, and going above and beyond to exceed their expectations.

One way to provide exceptional service is to focus on building relationships with your Toronto and GTA clients. This includes listening to their needs and concerns, providing regular updates throughout the buying or selling process, and being available to answer any questions they may have.

You should also focus on providing value-added services to your clients. This could include offering resources or information that can help them make informed decisions, providing advice on market trends, or offering recommendations for other professionals they may need during the buying or selling process.

Step 5: Embrace Technology

Technology plays a critical role in the real estate industry, and it is essential to embrace it to become everyone's preferred real estate agent. This includes using technology to streamline processes, communicate with clients, and market properties.

One way to embrace technology is to use online tools and platforms to market properties. This could include creating virtual tours, using social media to promote listings, or using online advertising to reach a wider audience.

You should also use technology to communicate with clients. This could include using email, text messaging, or video conferencing to stay in touch and provide updates on the buying or selling process.

Becoming everyone's preferred and favourite Toronto real estate agent for buying and selling requires a combination of education, skills development, and network building.

Being a favourite and popular realtor is not an easy task, as it requires hard work, dedication, and a lot of patience. A great realtor goes above and beyond for their clients and helps them find their dream homes. They are also knowledgeable about the real estate market and can provide valuable insights to their clients. In this article, we will discuss some of the most wonderful things, including surprising media stories, that would make a realtor become everyone's favourite realtor.

1. Personalized service

One of the most wonderful things that a favourite realtor can do is to provide personalized service to their clients. This means that they take the time to get to know their clients, understand their needs, and provide them with options that meet their requirements. By doing this, the realtor builds a relationship with their clients and earns their trust.

For example, a celebrated realtor in Los Angeles became everyone's favourite realtor by providing personalized service to his clients. He would take his clients on tours of their desired neighbourhoods, help them find local schools, and even provide them with a list of recommended restaurants. His clients appreciated his attention to detail and the effort he put into making their home buying experience a positive one.

1. Going above and beyond

A great realtor goes above and beyond for their clients. They are willing to put in extra time and effort to ensure that their clients find their dream homes. This could include things like providing virtual tours, sending personalized videos of homes, or even arranging for a private showing outside of regular business hours.

For example, a favourite realtor in Toronto named went above and beyond for his client, who was a wheelchair user. This popular real estate agent took the time to research accessible homes and even went as far as to create a customized ramp for his client to view a potential home. His client was grateful for his efforts and ended up buying the home.

1. Knowledgeable about the market

An amazing, in-demand realtor is knowledgeable about the real estate market and can provide valuable insights to their clients. They keep up to date with the latest trends and can help their clients make informed decisions.

For example, a realtor in Vancouver named Ian Watt became everyone's favourite realtor by providing valuable insights about the real estate market. He would provide weekly market updates, including information about average prices, sales volume, and inventory levels. His clients appreciated his transparency and the fact that he kept them informed about the market.

1. Good communication skills

A great realtor has good communication skills and is able to keep their clients informed throughout the home buying or selling process. They are able to answer questions, provide updates, and keep their clients informed about any changes.

For example, a realtor in Calgary became everyone's favourite realtor by having good communication skills. She would respond to her clients' messages promptly and keep them informed throughout the home buying or selling process. Her clients appreciated her responsiveness and the fact that she kept them in the loop.

1. Creative marketing strategies

A great realtor has creative marketing strategies and can help their clients sell their homes quickly and for a good price. They are able to create eye-catching listings, take high-quality photos, and use social media to promote their clients' properties.

For example, a realtor in New York became everyone's favourite realtor by using creative marketing strategies. He would create high-quality videos of his clients' properties and promote them on social media. He even created his own TV show which featured him and his colleagues selling high-end properties in the city.

1. Honest and trustworthy

A favourite realtor is honest and trustworthy. They put their clients' interests first and are transparent about any potential issues with a property.

In a multiple offer scenario, the role of a realtor is crucial to both the seller and the potential buyers. The favourite realtor acts as a mediator between the seller and the buyers, providing valuable information and guidance to both parties to ensure a successful transaction. This article will discuss the role of Toronto's favourite realtor in a multiple offer scenario, the challenges they face, and strategies for success.

A multiple offer scenario occurs when more than one buyer is interested in purchasing a property, and each buyer submits an offer to the seller. In such situations, the seller is usually in a favourable position because they can choose the best offer from a pool of prospective buyers. However, the process can be complicated, and Toronto's favourite realtor plays a critical role in helping the seller navigate the offers and choose the right one.

The preferred Toronto realtor's primary responsibility during a multiple offer scenario is to ensure that the seller receives the best offer possible. The favourite realtor must review each offer in detail, analyze the strengths and weaknesses of each offer, and communicate the details to the seller. The beloved realtor will also advise the seller on the best course of action based on the current market conditions and the seller's goals.

The cherished Toronto realtor will also be responsible for communicating with each potential Toronto buyer's agent. This communication involves relaying the seller's expectations and ensuring that all parties are aware of the terms and conditions of the sale. The favourite  realtor must also facilitate negotiations between the buyers to ensure that the seller receives the best offer.

One of the main challenges that chosen Toronto realtors face during a multiple offer scenario is the potential for conflicts of interest. The prized realtor must ensure that they remain impartial and unbiased throughout the process. They must put the seller's best interests first while ensuring that they are fair to all potential buyers. The favourite Toronto realtor must also ensure that they comply with all relevant laws and regulations.

Another challenge that treasured Toronto realtors face during a multiple offer scenario is managing the emotions of both the seller and the buyers. Multiple offer scenarios can be stressful, and the adored Toronto realtor must keep all parties calm and level-headed. They must also ensure that all parties are aware of the risks and potential outcomes of the process.

To be successful in a multiple offer scenario, a favourite Toronto realtor must have a well-planned strategy. The following are some strategies that realtors can use to ensure success:

1. Communicate Clearly and Effectively: Clear and effective communication is critical during a multiple offer scenario. The realtor must communicate the seller's expectations clearly and ensure that all parties are aware of the terms and conditions of the sale.
2. Remain Impartial: The realtor must remain impartial and unbiased throughout the process. They must ensure that they do not favour any particular buyer and put the seller's best interests first.
3. Analyze Offers: The realtor must analyze each offer in detail and identify the strengths and weaknesses of each offer. They must also advise the seller on the best course of action based on the current market conditions and the seller's goals.
4. Facilitate Negotiations: The realtor must facilitate negotiations between the buyers to ensure that the seller receives the best offer.
5. Manage Emotions: The realtor must manage the emotions of both the seller and the buyers. They must keep all parties calm and level-headed throughout the process.
6. Ensure Compliance: The realtor must ensure that they comply with all relevant laws and regulations. They must also ensure that they do not engage in any unethical behavior.

The role of Toronto's favourite realtors during a multiple offer scenario is crucial to the success of the transaction. The favourite Toronto realtor must remain impartial, communicate effectively, and analyze each offer in detail to ensure that the seller receives the best offer possible. They must also manage the emotions of both the seller and the buyers and ensure that they comply with all relevant laws and outcomes.

Real estate open houses by Toronto's favourite realtors are an essential tool in the buying and selling of homes. They offer prospective buyers an opportunity to view the property in person, interact with the real estate agent, and get a sense of the neighbourhood and community. Open houses also provide sellers with a chance to showcase their property to a wider audience, generate interest, and receive feedback from potential buyers. In this essay, we will explore how real estate open houses are a critical selling tool in real estate.

The Benefits of Real Estate Open Houses for Buyers - Real estate open houses by Toronto's favourite real estate agents offer several benefits for prospective buyers. Here are some of the key advantages:

1. Get a Sense of the Property - Open houses allow buyers to view the property in person and get a sense of its layout, features, and overall condition. This can help them make a more informed decision about whether the property is right for them. Buyers can also ask questions of the preferred real estate agent, who can provide additional information about the property, such as the age of the roof or the condition of the appliances.
2. Interact with a Top Toronto Real Estate Agent-  Open houses provide buyers with an opportunity to interact with the real estate agent, who can provide additional information about the property, as well as answer any questions they may have. This can help buyers build a rapport with the agent, which can be helpful in negotiating a deal or getting additional information about the property.
3. Get a Sense of the Neighbourhood and Community - Open houses also offer buyers a chance to explore the neighbourhood and community surrounding the property. They can see what the area is like, get a sense of the local amenities, and see if it would be a good fit for their lifestyle. This can be particularly helpful for buyers who are relocating to a new area and are not familiar with the local community.

The Benefits of Real Estate Open Houses for Sellers - Real estate open houses by Toronto's favourite real estate agents also offer several benefits for sellers. Here are some of the key advantages:

1. Generate Interest - Open houses can generate a lot of interest in a property. They provide an opportunity for sellers to showcase their home to a wide audience, hosted by their favourite Toronto realtor, which can include buyers who may not have been actively searching for a property. Open houses also generate buzz, which can help attract more potential buyers and create a sense of urgency.
2. Receive Feedback Open houses provide an opportunity for sellers to receive feedback from potential buyers. This can help them identify any issues with the property that may need to be addressed, such as outdated fixtures or a cluttered layout. Feedback can also help sellers adjust their asking price, if necessary, based on the level of interest from potential buyers.
3. Build Relationships with Buyers Open houses provide an opportunity for sellers to build relationships with potential buyers and Toronto's favourite and top ranked real estate agent. This can be particularly helpful in a competitive market, where buyers may be considering multiple properties. Building a relationship with a potential buyer can help sellers stand out and make their property more attractive.

Best Practices for Real Estate Open Houses by Toronto's favourite realtor - To ensure that real estate open houses are effective selling tools, there are several best practices that real estate agents and sellers should follow. Here are some tips:

1. Properly Stage the Property - Staging the property is crucial for a successful open house. Sellers should declutter and clean the home, as well as remove any personal items, such as family photos or religious items. Furniture should be arranged in a way that showcases the home's best features and makes it easy for buyers to navigate.
2. Advertise Effectively -To attract a wide audience, sellers should advertise their open house effectively. This can include listing the open house on real estate websites, creating social media posts, and distributing flyers or postcards in the local area. Toronto's Top real estate agents should also leverage their network to promote the open house, reaching out to potential buyers and other agents in the area.

Favourite Toronto Realtors can be found on these streets:

• Butternut St
• Rivercrest Rd
• Burbank Dr
• Ballyconnor Crt
• Glencairn Ave
• Balliol St
• Durban Rd
• Bowan Crt
• Greenfield Ave
• Florence Ave
• Bessborough Dr
• Holmes Ave
• Rolyat St
• St Germain Ave
• Old Oak Rd
• Terrace Ave
• Laird Dr
• Thompson Ave
• Edgecroft Rd
• Old Yonge St
• Botfield Ave
• Hillcrest Ave
• Joicey Blvd
• North Dr
• Lurgan Dr
• Alfred Ave
• Harshaw Ave
• Conrad Ave
• Davenport Rd
• Spadina Rd
• Hudson Dr
• Cliveden Ave
• Edwalter Ave
• Southvale Dr
• Winchester St
• Kingswood Rd
• Westhead Rd
• Beaverhall Dr
• St Hildas Ave
• Dunblaine Ave
• Sumach St
• Ridge Dr
• Albertus Ave
• Princess Ave
• Avenue Rd
• Carmichael Ave
• Merton St
• Invermay Ave
• Shorncliffe Ave
• Yonge Blvd
• Rippleton Rd
• Broadway Ave
• Cameron Ave
• Malabar Pl
• Empress Ave
• Douglas Ave
• Donegall Dr
• Danville Dr
• Argyle St
• Kingsdale Ave
• Prince George Dr
• Vanderhoof Ave
• Patricia Ave
• Tamworth Rd
• Doverwood Crt
• Long Cres

Favourite Toronto realtor latest listings:

• 298 Jarvis St: $399,990.00
• 65 East Liberty St: $479,900.00
• 21 Carlton St: $489,000.00
• 456 College St: $489,900.00
• 115 Blue Jays Way: $499,000.00
• 251 Jarvis St: $499,000.00
• 955 Bay St: $499,900.00
• 159 Dundas St: $499,900.00
• 705 King St W: $549,000.00
• 125 Peter St: $549,900.00
• 501 Yonge St: $549,900.00
• 8 Mercer St: $549,999.00
• 68 Abell St: $569,900.00
• 295 Adelaide St W: $599,000.00
• 70 Temperance St: $599,000.00
• 77 Maitland Pl: $600,000.00
• 320 Richmond St E: $600,000.00
• 38 Elm St: $625,000.00
• 7 King St E: $634,800.00
• 8 Wellesley St E: $635,000.00
• 36 Lisgar St: $639,000.00
• 215 Fort York Blvd: $639,900.00
• 101 Peter St: $645,000.00
• 1 Cole St: $649,000.00
• 120 Bayview Ave: $649,000.00
• 90 Trinity St: $649,000.00
• 50 Ordnance St: $649,900.00
• 38 Iannuzzi St: $649,999.00
• 30 Nelson St: $650,000.00
• 761 Bay St: $659,000.00
• 608 Richmond St W: $669,000.00
• 89 Mcgill St: $688,000.00
• 357 King St W: $695,000.00
• 100 Harbour St: $699,000.00
• 80 John St: $699,000.00
• 76 Shuter St: $709,900.00
• 380 Macpherson Ave: $715,000.00
• 15 Bruyeres Mews: $720,000.00
• 297 College St: $735,000.00
• 1171 Queen St W: $738,900.00
• 832 Bay St: $755,000.00
• 11 Brunel Crt: $759,000.00
• 158 Crescent Rd: $769,000.00
• 27 Bathurst St: $769,000.00
• 16 Yonge St: $769,000.00
• 188 Cumberland St: $779,000.00
• 55 Bremner Blvd: $779,900.00
• 116 George St: $779,990.00
• 40 Merchant Lane: $789,000.00
• 761 Bay St: $789,880.00
• 2 A Church St: $799,000.00
• 95 Prince Arthur Ave: $799,000.00
• 29 Queens Quay E: $818,000.00
• 50 Wellesley St E: $819,000.00
• 75 Queens Wharf Rd

An open house is a marketing technique that favourite Toronto realtors use to showcase their listings to potential buyers. It is an event where a realtor invites interested buyers to view a property that is on sale, at a specific date and time, without the need for an appointment. Open houses can be beneficial for both the seller and the buyer, as they help to increase exposure for the property and provide buyers with an opportunity to inspect the house thoroughly. In this essay, I will discuss why it is important for favourite Toronto realtors to host open houses at their listings and how it can help to sell the property.

The first reason why favourite Toronto realtors should host open houses is to increase the exposure of the property to potential buyers. An open house allows buyers to view the property in person, which is essential for making a decision to purchase. The more buyers that view the property, the higher the chances are of finding a potential buyer. Open houses are also beneficial for the seller, as they help to attract more potential buyers, which can lead to a higher selling price. In addition, hosting an open house can create a sense of urgency among buyers, as they may feel that they need to act quickly to secure the property before someone else does.

The second reason why favourite Toronto realtors should host open houses is to provide buyers with an opportunity to inspect the property thoroughly. During an open house, buyers are given the chance to explore the property at their own pace, without any pressure from the realtor. This allows them to view every aspect of the property and get a better idea of whether or not it is the right fit for them. Buyers can also ask the favourite Toronto realtor questions about the property, which can help to clarify any doubts or concerns they may have. By providing buyers with a comprehensive view of the property, the chances of them making an offer increase significantly.

The third reason why favourite Toronto realtors should host open houses is to establish a relationship with potential buyers. Open houses are an opportunity for realtors to connect with buyers on a personal level and build a relationship with them. This can be beneficial for the seller, as the realtor can follow up with interested buyers and provide them with additional information about the property. By building a relationship with potential buyers, the favourite Toronto realtor can keep them interested in the property and increase the chances of a successful sale.

The fourth reason why favourite Toronto realtors should host open houses is to get valuable feedback from potential buyers. During an open house, buyers may provide feedback on the property, which can be useful for the realtor and the seller. Buyers may point out areas that need improvement or provide suggestions on how to make the property more appealing. This feedback can help the seller to make necessary improvements to the property, which can increase the chances of a successful sale.

The fifth reason why favourite Toronto realtors should host open houses is to create a sense of excitement and anticipation for the property. By hosting an open house, realtors can create a buzz around the property and generate interest among potential buyers. This excitement can lead to a higher selling price, as buyers may be willing to pay more for a property that is in high demand. In addition, the sense of anticipation can create a sense of urgency among buyers, which can lead to a quicker sale.

Hosting open houses is an important marketing technique that favourite Toronto realtors should utilize to sell their listings. Open houses provide buyers with an opportunity to inspect the property thoroughly and establish a relationship with the realtor. They also allow realtors to get valuable feedback from potential buyers and create a sense of excitement and anticipation for the property. By hosting open houses, realtors can increase exposure for the property, attract more potential buyers, and increase the chances of a successful sale. Therefore, it is essential for favourite Toronto realtors to include open houses in their marketing strategy when selling a property.