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Home Affordability

5 of the Most Expensive and Affordable Ontario Homes Sold in January

Kimmie Nguyen by Kimmie Nguyen
February 5, 2024
in Affordability, Listings, Ontario
Reading Time: 11 mins read
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The benchmark price for Ontario dropped for the sixth consecutive month in December, falling to $851,000 according to the Canadian Real Estate Association (CREA). But as we enter the new year, the Ontario real estate market is beginning to heat up with its diverse range of properties. In January, a mix of opulence and affordability unfolded, showcasing the dynamic nature of the housing landscape. Here are the details of the five most expensive and affordable homes that changed hands during this bustling month.

5 of the Most Expensive

3 Fitzhugh Lane – Cobourg

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

Property details:

  • Detached
  • 4 beds, 6 baths, 17 parking
  • Walking score 5/Transit score N/A

This remodeled home exudes unmatched elegance with its magnificent, light-filled rooms, stunning views, and upscale features like a dedicated theater room and a temperature-controlled wine display. Whether unwinding in the designated theatre room or enjoying the breathtaking views from the 4-season Muskoka room, each space is thoughtfully crafted to elevate the living experience.

View the listing and price here.

4 Crediton Crt – Toronto

Listed by: ROYAL LEPAGE YOUR COMMUNITY REALTY
Listed by: ROYAL LEPAGE YOUR COMMUNITY REALTY

Property details:

  • Detached
  • 4 beds, 6 baths, 7 parking
  • Walking score 53/Transit score 61

Nestled on a sought-after cul-de-sac in the Princess Margaret area, this sun-filled home boasts premium finishes, a spacious open-concept layout with floor-to-ceiling windows, and a tranquil landscaped backyard with a covered stone patio. With over 6700 sq ft of living space, including a finished lower level with heated floors and a luxurious master suite, this residence offers the perfect blend of style, comfort, and convenience for modern living.

View the listing and price.

31 Lurgan Dr – Toronto

Listed by: royal lepage terrequity confidence realty
Listed by: royal lepage terrequity confidence realty

Property details:

  • Detached
  • 4 beds, 6 baths, 6 parking
  • Walking score 59/Transit score 69

With over 6000 square feet of well-designed living space, the home has a family room that is large enough for entertaining, a kitchen that is fit for a chef, and an amazing master bedroom with an ensuite that seems like a spa. This property, which features four elevator stops, heated flooring, and exquisite finishes throughout, is a tribute to unmatched craftsmanship and exceptional design.

View the listing and price here.

960 Columbus Rd W – Whitby

Listed by: KELLER WILLIAMS ENERGY REAL ESTATE
Listed by: KELLER WILLIAMS ENERGY REAL ESTATE

Property details:

  • Detached
  • 2 beds, 6 baths, 34 parking
  • Walking and Transit score N/A

With 8854 sq ft of living space, a 4-car garage, and sprawling entertainment areas, including an in-ground pool, this property is an entertainer’s dream. Situated on a serene 9.65-acre lot with picturesque landscapes and greenspace, this home offers a prestigious retreat just minutes from the 407 and 412 highways.

View the listing and price here.

448 Russell Hill Rd – Toronto

Listed by: CHESTNUT PARK REAL ESTATE LIMITED
Listed by: CHESTNUT PARK REAL ESTATE LIMITED

Property details:

  • Detached
  • 6 beds, 5 baths, 7 parking
  • Walking score 74/Transit score 75

This home offers beauty and versatility with its large layout, which includes 6+1 bedrooms, 5 bathrooms, and magnificent living spaces, including a sunroom and family room with fireplaces. Enjoy a tranquil rear garden with a stone patio, in-ground Betz pool, and mature landscaping, all within walking distance to renowned UCC and BSS schools in a neighborhood celebrated for its architectural splendor.

View the listing and price here.

5 of the Most Affordable

3593 Peter St – Windsor

Listed by: RIGHT AT HOME REALTY
Listed by: RIGHT AT HOME REALTY

Property details:

  • Detached
  • 3 beds, 1 bath, 2 parking
  • Walking score 43/Transit score 45

This home accommodates different lifestyles with its three large bedrooms, four-piece bathroom, and open-concept kitchen. Not only does it have a covered deck, gated yard, and private parking—all of which are excellent amenities for first-time buyers, investors, students, and young families—but it’s also ideally situated between the University of Windsor and the USA border.

View the listing and price here.

20 Ellis Ave – Hamilton

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

Property details:

  • Detached
  • 2 beds, 1 bath, 0 parking
  • Walking score 90/Transit score 55

Built in 1910, this two-bedroom, one-bathroom home offers efficiency and comfort, featuring a bright open-concept main room, updated kitchen and bathroom, and convenient main-level stacked laundry. With a new furnace and AC, a generous backyard, and proximity to shopping and highways, this property presents an ideal opportunity for various types of buyers seeking a cozy abode in a desirable location.

View the listing and price here.

45 Baldwin St – Belleville

Listed by: Royal LePage Proalliance Realty
Listed by: Royal LePage Proalliance Realty

Property details:

  • Detached
  • 2 beds, 2 baths, 3 parking
  • Walking score 72/Transit score N/A

With laminate flooring, new paint, and a tastefully updated kitchen, this quaint two-bedroom, 1.5-bath house radiates character. Updated windows, vinyl siding, and a roof on the exterior add to the charm, and the partially completed basement with its own entrance offers the potential for additional living space or rental income. 

View the listing and price here.

2 Cretney Dr – Prince Edward County

Listed by: KELLER WILLIAMS ENERGY REAL ESTATE
Listed by: KELLER WILLIAMS ENERGY REAL ESTATE

Property details:

  • Detached
  • 2 beds, 2 baths, 3 parking
  • Walking score 18/Transit score N/A

This charming 2-bedroom, 2-bathroom bungalow offers a freshly painted interior, open-concept layout, and main floor laundry. Residents can enjoy a host of amenities, including a heated inground pool, tennis/pickleball courts, gym, and woodworking workshop, while also being conveniently located near shopping, dining, wineries, and outdoor recreational activities.

View the listing and price here.

2014 Villa Nova Rd – Norfolk County

Listed by: REVEL REALTY INC.
Listed by: REVEL REALTY INC.

Property details:

  • Detached
  • 2 beds, 1 bath, 4 parking
  • Walking score 7/Transit score N/A

This updated home features 2 bedrooms, 1 full bathroom, and a freshly painted interior with new vinyl flooring. With a spacious basement offering the potential for customization and a serene outdoor oasis with mature trees and a spring stream, this listing presents a perfect blend of comfort and tranquility.

View the listing and price here.

Are you looking for a new home this winter? Give us a call today! One of our experienced real estate agents is more than happy to help you find the home that is right for you!

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Kimmie Nguyen

Kimmie Nguyen

Kimmie Nguyen is the Data Analyst Assistant at Zoocasa where she plays a pivotal role in intertwining the intricacies of data analysis with the dynamic world of real estate. With a genuine passion for applying scientific insights into the realm of business, Kimmie brings a fresh perspective to the intersection of technology and real estate. Kimmie enjoys uncovering valuable insights in the ever-changing real estate market through the dynamic usage of data trends.

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