May 5, 2022 | The Annex

Annex Market Update April 2022

April 2022 was yet another month of few sales in The Annex, with very few options to purchase and thus few sales. There were a total of 20 transactions. Keep in mind that with so few trades, the values can be skewed with more lower-priced condos and houses versus higher-priced homes – our overall annual markers will provide a better sense of value increase, which you can reach out to us here to discuss.

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Annex Homes Values

There were just 8 sales in the Annex in April 2022. The average home sold for $3,840,000, slightly down from $3,970,500 in April 2021. The average list-to-sale price was 99%. There was a 50/50 chance of multiple offers on house Annex listings. The average home was on the market for 10 days – this is a low number of days on market, which means that the Annex remains in high demand.

April Home Sales In The Annex Toronto


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Annex Condo Values

There were 12 condo sales—the average Annex condo sold for $1,387,583, down from $1,794,600 in March 2021 (note that the condos available in the Annex were of lower value than a year ago.) The average list-to-sale price was 108%. There was a 50% chance of multiple offers on house Annex listings. The average home was on the market for only 9 days.

April Condo Sales In The Annex Toronto

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