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10 Must-See Ontario Properties with Price Changes | August 2024 

Aiden Lowrie by Aiden Lowrie
August 13, 2024
in Buying a Home, Canada
Reading Time: 11 mins read
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Despite the Bank of Canada’s second rate cut this past month, many homebuyers remain hesitant to enter the market due to still-high interest rates. As a result, many properties have had to adjust their initial prices, including these ten properties across Ontario. 

Price Drops 

10 Becky Cheung Crt – Toronto

Listed by: hc realty group inc.
Listed by: hc realty group inc.

Property Details

  • 4 bed, 4 bath
  • 4 parking 
  • Detached

This almost brand-new Toronto family home was originally listed for over 3 million, but recently was dropped down to just under $2.7 million. Nestled in a private cul-de-sac with convenient access to the Yonge and Finch subway stations, this home is perfect for anyone looking for the luxury of a house but wanting the convenience of living in the city.

View the listing here.

32 Foxbar Rd – Toronto

Listed by: sotheby`s international realty canada
Listed by: sotheby`s international realty canada

Property Details 

  • 5 bed, 4 bath
  • 2 parking
  • Detached 

With five bedrooms and four bathrooms, this well-kept home combines classic beauty with contemporary conveniences. Adjacent to a family area, the gourmet kitchen features sleek worktops and high-end appliances. Large bedrooms, including an opulent master suite with an en suite bathroom, can be found upstairs. And best of all, this house’s price tag dropped by over $340,000 this month!

View the listing here.

23 W Park Ave – Hamilton

Listed by: RE/MAX Escarpment Realty Inc.
Listed by: RE/MAX Escarpment Realty Inc.

Property Details 

  • 8 bed, 5 bath 
  • Finished basement 
  • Detached

This 4-bedroom, 4-bath house recently saw an over $200,00 price drop. Located in Hamilton’s lovely Ainslie Wood North neighborhood, it offers a finished basement, an inground pool, and a massive lot. 

View the listing here.

14 Bentwood Cres – Thornhill

Listed by: brewing brokers realty inc.
Listed by: brewing brokers realty inc.

Property Details 

  • 4 bed, 5 bath
  • 7 parking
  • Detached 

This spacious, 4-bedroom home saw a drop in price of over $160,000 this month. The Thornhill home has a finished basement apartment, 9-foot ceilings, and a customized kitchen with high-end appliances. 

View the listing here.

81 Parkside Dr – Oro Medonte

Listed by: ROYAL LEPAGE FIRST CONTACT REALTY
Listed by: ROYAL LEPAGE FIRST CONTACT REALTY

Property Details

  • 2 bed, 1 bath
  • 10 parking
  • Detached

Considering waterfront living? Located between Barrie and Orillia, this all-season home offers a picturesque waterfront view and opportunities for cohabitating with multigenerational families or older children with a bunkie and loft over the garage. It was originally listed for over $2.4 million in 2023 and is currently up for sale for almost $2.2 million. 

View the listing here.

Price Increases

1445 Willowvale Gdns – Mississauga

Listed by: AIMHOME REALTY INC.
Listed by: AIMHOME REALTY INC.

Property Details

  • 4 bed, 4 bath
  • 4 parking 
  • Detached  

This two-story, fully detached house provides the ideal blank canvas for your dream living space and recently saw a price jump up of over $170,000. It has a great layout, with roomy first-floor areas that flow into one another effortlessly and roomy, well-proportioned bedrooms on the second level. The basement has two sets of stairs leading down to an open activity space encircled by three spacious bedrooms and a covered patio space. The garage has a high roof that may be used for additional storage, two windows, and a side door. 

View the listing here.

51 Classic Dr – Brampton

Listed by: IPRO REALTY LTD.
Listed by: IPRO REALTY LTD.

Property Details

  • 4 bed, 4 bath
  • 9 parking 
  • Detached

This stunning Brampton home has seen over $300,000 in upgrades and an over $200,000 increase in price. The updated gourmet kitchen in this house is a chef’s paradise, complete with a custom pantry, an enlarged island made of a bamboo butcher block, built-in appliances, and bespoke cabinets for the fridge and freezer. A complete home theater is included in the entertainer’s ideal lower level. 

View the listing here.

1923 – 10th Line – Innisfil

Listed by: RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Listed by: RE/MAX HALLMARK PEGGY HILL GROUP REALTY

Property Details

  • 7 bed, 6 bath
  • 10 parking 
  • Detached

If you’re looking for a home tailored to multigenerational living, this Innisfil home is absolutely perfect. Situated on a 1.3 acre lot, this entertainer’s home features over 8,500 sqft of finished living space, including a fully finished main house, a pool house, and separate studio space, making it truly one of a kind. The price recently increased by over $300,000, up from its nearly 2 million price tag. 

View the listing here.

1 Applefield Dr – Scarborough

Listed by: royal lepage terrequity team soberano
Listed by: royal lepage terrequity team soberano

Property Details

  • 3 bed, 2 bath
  • 3 parking 
  • Bungalow

If you want a house with rental potential, this Scarborough bungalow has a fully finished basement apartment, complete with a full kitchen and its own laundry room. With a recent price increase of over $140,000, this home is in a highly sought-after location.

View the listing here. 

1731 Arborwood Dr – Oshawa

Listed by: homelife/gta realty inc.
Listed by: homelife/gta realty inc.

Property Details

  • 4 bed, 5 bath
  • 4 parking 
  • Detached

Located in one of the most pristine neighborhoods in Oshawa, this 2-storey detached house saw an increase of over $190,000 this month. With a gourmet kitchen, servery, and custom-built pantry on the main floor, this open-concept, functional layout includes 9′ ceilings on the main level. Each bedroom has a walk-in closet with an integrated organizer, and there are four bedrooms, three bathrooms, and a loft on the second floor.

View the listing here.

Are you looking to enter the real estate market this summer? Give us a call today! One of the experienced agents at Zoocasa will be more than happy to help you through the exciting home-buying process! 

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Aiden Lowrie

Aiden Lowrie

A Zoocasa Content Marketing Assistant, Aiden Lowrie gets to blend her love of writing with her love of all things real estate and marketing as a blog contributor. She loves to find niche spots in and around the GTA to explore, or find ways to make the most out of your space. Outside of work and blogging, Aiden enjoys being outside in the sunshine, patios with friends and family, and working on her own blog. Connect with Aiden to read more of her articles and insights!

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