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Home Affordability

Most Expensive and Affordable Homes Sold in January 2023

Abbey Cole by Abbey Cole
January 31, 2023
in Affordability, Ontario
Reading Time: 10 mins read
A white picket cross with a hanging sign that says "SOLD" in red.

Most expensive and affordable homes sold in January 2023

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2023 brought renewed hope that perhaps something would finally change to make the Canadian real estate market more accessible. Although the Bank of Canada has increased interest rates for the eighth time in ten months, properties in Ontario are still trading hands. Some are beautiful, multi-million dollar homes, while others are more affordable properties that will make great starter homes. Keep reading to see the full list. 

Give us a call today to speak to a real estate agent in your area. Keep an eye on our Market Insights blog for more information about the 2023 market and sign up for our newsletter to get updates sent directly to your inbox.

Five of the Most Expensive

67 Chestnut Park Rd, Toronto

HARVEY KALLES REAL ESTATE LTD., BROKERAGE
HARVEY KALLES REAL ESTATE LTD., BROKERAGE

Property details:

  • 5 beds, 5 baths, 4 parking
  • Detached
  • Walking score 76/Transit score 86

This large estate is located on a 64′ frontage on a tree-lined street in a great Rosedale neighbourhood. The timeless tradition of the L. L. Classic Residence is ready for restoration and transformation. This investment home has floor plans prepared for you with required licenses, construction permissions, and local approvals. This saves the buyer a lot of time and eliminates doubt about whether growth is feasible in a highly restricted region like Rosedale.

View the listing and sold price here.

11 – 10 Maple Grove Dr, Oakville

CENTURY 21 MILLER REAL ESTATE LTD., BROKERAGE
CENTURY 21 MILLER REAL ESTATE LTD., BROKERAGE

Property details:

  • 2 beds, 3 baths, 4 parking
  • Condo apartment
  • Walking score 4/Transit score 15

This distinctive single-floor luxury condominium offers detached-like residences with breathtaking views of Lake Ontario. Having the closest location to the water, this unit offers exceptional wide-angle lake views. With so many windows, you’ll always feel like you’re at a vacation beach house.

View the listing and sold price here.

112 Happy Valley Rd, The Blue Mountains

 ROYAL LEPAGE LOCATIONS NORTH, BROKERAGE
 ROYAL LEPAGE LOCATIONS NORTH, BROKERAGE

Property details:

  • 4 beds, 5 baths, 5 parking
  • Detached
  • Walking and Transit score N/A

This rare ski-in-ski-out home was designed to create a luxury boutique hotel experience right from the heated flooring. The main level has views of the mountains, a warm fireplace, and comfortable couches. A large kitchen pantry and a separate area for the bar, coffee, and wine keep everything efficient and orderly. On the bottom of the walk-out floor is an indoor pool modelled as a hotel. It will be easy to grab your skis and walk outdoors!

View the listing and sold price here.

5 Fairfield Pl, Markham

HAMMOND INTERNATIONAL PROPERTIES LIMITED, BROKERAGE
HAMMOND INTERNATIONAL PROPERTIES LIMITED, BROKERAGE

Property details:

  • 5 beds, 7 baths, 10 parking
  • Detached
  • Walking score 30/Transit score 55

This property, which boasts magnificent views and tranquil surroundings on the Don River and Ravine, combines desired comforts with a traditional and elegant style, beginning with its striking entryway and antique library. Enjoy a distinctive lifestyle embellished with antique characteristics like fireplaces, French windows, wood panelling, marble flooring, and French windows. The primary bedroom has a large walk-in closet and a marble bathroom with river views.

View the listing and sold price here.

114 Hazelton Ave, Toronto

RE/MAX REALTRON BARRY COHEN HOMES INC., BROKERAGE
RE/MAX REALTRON BARRY COHEN HOMES INC., BROKERAGE

Property details:

  • 3 beds, 4 baths, 2 parking
  • Townhouse
  • Walking score 90/Transit score 89

Check out this New York-style home in Yorkville! This home steals the show with four storeys of luxuriously renovated space. The primary bedroom suite features spa-like bathrooms and double closets. Move your in-laws upstairs, and they’ll appreciate the balcony attached to the marble kitchen. Large sliding doors and floor-to-ceiling windows at the rear open a peaceful, private urban hideaway. 

View the listing and sold price here.

Five of the Most Affordable

159 Sutton Pl, Sault Ste. Marie

EXP REALTY, BROKERAGE
EXP REALTY, BROKERAGE

Property details:

  • 3 beds, 1 bath, 4 parking
  • Semi-detached
  • Walking score 3/Transit score N/A

This bright investment property currently has excellent renters who wish to stay! This recently renovated semi-detached home includes a backyard oasis for everyone to enjoy the northern Ontario nature. The cozy living area on the main level welcomes you as soon as you enter and features magnificent new vinyl plank flooring and an unusual open-concept layout. The custom kitchen has new stainless steel appliances, an under-mount sink, pot lights, and a quartz counter. Three big bedrooms and a brand-new four-piece bathroom are on the top floor.

View the listing and sold price here.

209 – 648 Grey St, Brantford

RE/MAX ESCARPMENT REALTY INC., BROKERAGE
RE/MAX ESCARPMENT REALTY INC., BROKERAGE

Property details:

  • 1 bed, 1 bath, 1 parking
  • Condo apartment
  • Walking score 3/Transit score N/A

This cute and cozy home is ideal For Empty Nesters Or First-Time Buyers. The open-concept kitchen and living area are bright and spacious. You can enjoy the well-kept path and green space as you sip your morning coffee. Your balcony can become a perfect reading space!

View the listing and sold price here.

40 East Street, St. Thomas

ROYAL LEPAGE TRILAND REALTY
ROYAL LEPAGE TRILAND REALTY

Property details:

  • 3 beds, 2 baths, 4 parking
  • Detached
  • Walking score 27/Transit score N/A

This home’s charming covered porch and blue exterior add character. The main floor has the living room, dining room, spacious kitchen, four-piece bathroom, master bedroom, and main floor laundry. You may access the backyard from the kitchen for all of your barbeque parties! The second floor features two bedrooms, a beautiful playroom for kids, and a ton of storage. The second level also has a three-piece bathroom and a kitchenette that, if not used, may be transformed into a master bedroom with an en-suite bathroom.

View the listing and sold price here.

141 Frederick Ave, Hamilton

RE/MAX ESCARPMENT REALTY INC., BROKERAGE
RE/MAX ESCARPMENT REALTY INC., BROKERAGE

Property details:

  • 2 beds, 1 bath, 0 parking
  • Detached
  • Walking score 71/Transit score 56

This freshly remodelled property has a striking exterior appeal and has two total bedrooms, one bathroom, and a big, completely fenced yard. You are welcomed into the home with glossy laminate hardwood flooring and abundant natural light. Modern lighting and a cozy fireplace make the functional living space even better. The colourful three-piece bathroom with a relaxing tub is on the main level. To find peace at the end of the day, climb the steps to the second loft bedroom.

View the listing and sold price here.

145 – 601 Shoreline Dr, Mississauga

RE/MAX ESCARPMENT REALTY INC., BROKERAGE
RE/MAX ESCARPMENT REALTY INC., BROKERAGE

Property details:

  • 1 bed, 1 bath, 1 parking
  • Condo townhouse
  • Walking score 7/Transit score 52

This amazing stacked townhouse is close to parks, schools, public transit, and a major shopping mall. You’ll experience the luxury with the 9-foot ceilings and the Open Concept Living area. Enjoy the breakfast bar in the Scandinavian-style kitchen! This property features a huge first-floor bedroom, a spa-like four-piece bathroom, and a neatly stacked washer and dryer.

View the listing and sold price here.

According to the Canadian Real Estate Association, Canada’s erratic 2022 market ended with 21,840 houses changing hands throughout the country as home prices stayed the same nationwide with minor adjustments in local areas. These listings give us a taste of affordability and luxury, all wrapped up in one province. Considering selling? These are the Ontario markets where properties are moving the fastest.

Looking to get into the luxury market?
Contact us today to talk to a Realtor in your area
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Abbey Cole

Abbey Cole

Abbey is Zoocasa's Content Marketing Specialist, creating content to help Canadians make informed decisions on the real estate market. As a textbook Hamiltonian, Abbey enjoys walking the Bruce Trail near the Devil's Punchbowl. You'll catch Abbey soaking up the sun, reading a book or watching Netflix with her furbabies when she's not working.

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