There’s no denying the impact the COVID-19 pandemic has had on real estate not only in Canada, but across the globe. Although many people are fleeing major cities, causing a price surge in suburban and rural areas, there is still a high-demand to live in busy urban centres. Which means Toronto, one of the most expensive cities in the country, has just gotten a whole lot more expensive. Even a brief search on Zoocasa reveals what we’ve already come to realize: the housing market in Toronto is hot, hot, hot.
Magnificent Family Home
List Price:
$3,850,000
Sale Price: $4,708,000 (a whopping $858,000 over asking)
Peek Inside: 263 St. Leonard’s Ave.
Related: 10 Incredibly Cheap Houses for Sale in Canada in 2021
Custom Charmer
List Price:
$1,800,000
Sale Price: $2,503,000 (a whopping $703,000 over asking)
Peek Inside: 39 Ferrier Avenue
Related: 10 Things First-Time Homebuyers Should Consider Before Buying Property Outside the City
Impressive Corner Lot
List Price:
$1,599,000
Sale Price: $2,219,000 ($620,000 over asking)
Peek Inside: 17 Linnsmore Cres.
Related: Vancouver and Toronto Named Best Canadian Cities for Young Adults to Buy Property
Detached Dream
List Price:
$888,888
Sale Price: $1,065,000 ($176,112 over asking)
Peek Inside: 471 Brimorton Dr.
Related: What to Expect for the Canadian Real Estate Market in 2021
In-Demand ‘Hood
List Price:
$1,899,000
Sale Price: $2,150,000 ($251,000 over asking)
Peek Inside: 119 Brooke Ave.
Related: 20 Real Estate Terms Every Aspiring Homeowner Should Know
One-Bedroom Condo
List Price:
$599,000
Sale Price: $700,000 ($101,000 over asking)
Peek Inside: 410 – 170 Chiltern Hill Rd.
Related: This is What Toronto Condos Priced at $400K or Less Look Like
Historic Home
List Price:
$1,488,000
Sale Price: $1,818,888 ($330,888 over asking)
Peek Inside: 132 D’arcy St.
Related: Do You Really Need a Home Inspection? Scott McGillivray Says…
Prime Real Estate
List Price:
$899,000
Sale Price: $1,176,000 ($277,000 over asking)
Peek Inside: 178 Fifth St.
Real Estate in the Sky
List Price:
$499,900
Sale Price: $620,000 ($120,100 over asking)
Peek Inside: 1710 – 5 Vicora Link Way
Related: 20 Most Affordable Cities in Canada for Young People
Semi-Detached
List Price:
$1,049,000
Sale Price: $1,300,000 ($251,000 over asking)
Peek Inside: 97 Day Ave.
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