The latest January 2024 data from the Toronto Regional Real Estate Board (TRREB) shows that the average home price has reached $959,915 in Toronto so here are some homes around that price!
Prospective buyers should conduct further research and pricing analysis for the homes and neighborhoods that match their financial circumstances and lifestyle needs to guide their individual decisions. The content is not intended to solicit buyers or sellers currently under contract with a brokerage.
Tips for Buying a Home in Toronto
Toronto has gained a reputation as a notoriously hot real estate market in recent years. While it’s true that buyers will likely face steep competition in today’s market, there are strategies that successful buyers can use to secure their first property on the ladder.
The first, and arguably the most important step, is selecting the right agent to represent you. Your agent should do much more than find and show you properties. The best agent for a first-time buyer in Toronto is one who understands the unique complexities of your neighbourhood’s market. They can inform you about the best negotiation practices and offer strategies that will help you come out on top in a bidding war. They’ll also be a helpful resource for connecting you to the right professionals, like mortgage brokers, movers, and lawyers, that will make your purchasing experience more seamless. This team of professionals will be invaluable for you when it comes to financing your purchase and can even help you navigate first-time buyer incentives. Understanding the stages of buying is another thing prospective buyers can do to set themselves up for success. There are a lot of moving parts when it comes to buying a home, so it’s a good idea to get familiar with the different stages of buying a property before you get started.
66 St Nicholas Street
Property details:
- 2 beds, 2 baths, 1 parking
- Townhouse
- Walking score 99/Transit score 92
This gorgeous townhome in downtown Toronto offers a beautiful open-concept living and dining room, a walkout to the balcony, a wood wood-burning fireplace, stainless steel appliances, and a renovated 4-piece semi-ensuite with a soaker tub. Enjoy the luxury of the 9ft ceilings and natural light that this townhome provides!
View the listing and price here.
157 Roywood Drive
Property details:
- 4 beds, 3 baths, 5 parking
- Semi-Detached
- Walking score 60/Transit score 66
This immaculate 4-bedroom home boasts gorgeous contrast in the light walls and floors that allow the darker elements to pop. Sun-filled, close to the TTC and a separate entrance for the basement are only a few of the pluses in this home!
View the listing and price here.
709 – 1 Cardiff Road
Property details:
- 2 beds, 2 baths, 1 parking
- Condo
- Walking score 91/Transit score 76
This brand-new condo is located just steps from the new Crosstown LRT! This luxurious corner unit offers breathtaking views in almost every room and a large wrap-around balcony.
View the listing and price here.
607 – 456 College Street
Property details:
- 1 bed, 2 baths, 1 parking
- Condo
- Walking score 99/Transit score 94
Located in a spectacular clock tower, this one-of-a-kind suite was built in an 1884 church and boasts southeast city views, 15 ft ceilings, all-new flooring, tons of natural light, and an ambiance unlike any other!
View the listing and price here.
641 – 5 Hanna Avenue
Listed by: rexig realty investment group ltd.
Property details:
- 2 beds, 2 baths, 1 parking
- Condo
- Walking score 96/Transit score 92
This fabulous 2-bedroom, 2-bath loft offers 17′ ceilings with floor-to-ceiling windows, west-facing views of Lake Ontario and all-day natural light. Located near the GO Station and in a dog-friendly property, it’s hard not to love this condo!
View the listing and price here.
25 Bridlington Street
Property details:
- 4 beds, 3 baths, 3 parking
- Detached
- Walking score 70/Transit score 75
Offering tons of luxury space, this 2-storey home has been updated from top to bottom. With new roofing, flooring, paint, and light fixtures, this home has been well taken care of and is within walking distance from public and catholic schools.
View the listing and price here.
1905 – 290 Adelaide Street West
Property details:
- 2 beds, 2 baths, 1 parking
- Condo
- Walking score 100/Transit score 100
This beautiful corner unit with 9 ft ceilings and breathtaking views of the CN Tower offers a luxurious kitchen and tons of natural light. Steps to the subway, financial and entertainment districts, there is tons to do in this trendy neighbourhood!
View the listing and price here.
16 – 1970 Bloor Street West
Property details:
- 2 beds, 3 baths, 1 parking
- Townhouse
- Walking score 90/Transit score 85
Offering 3 storeys of beauty, this townhouse boasts a spacious layout, a private rooftop terrace, an ensuite bath with a soaker tub, and a spacious office or den area – perfect for remote work!
View the listing and price here.
28 – 871 Sheppard Avenue West
Property details:
- 3 beds, 3 baths, 1 parking
- Townhouse
- Walking score 81/Transit score 79
This brand-new executive townhouse blends modern elegance with functional design. Offering 3 beds and 2.5 baths, a private rooftop, an upgraded washroom, and 1450 sq. ft of luxury living space, there’s much to love about this property!
View the listing and price here.
35 Goldsboro Road
Property details:
- 3 beds, 3 baths, 3 parking
- Semi-Detached
- Walking score 63/Transit score 62
After recent renovations, this home boasts a new master ensuite, a new kitchen, and new ceramic tiles on the main floor. This home radiates luxury with its high-end finishes and bright colour scheme.
View the listing and price here.
Are you looking to move to Toronto this spring? Give us a call today! Our real estate agents are more than happy to find you the right home!
