Toronto Annex Sales – July 2013

Toronto’s Annex has been a hot bed for opportunities to purchase north of $1.5 million. The real estate market between the values of $600K through to $1.2 million is very hot (not easily found in the Annex). This neighbourhood is one of the few market segments with an opportunity of selection in the Toronto Downtown Real Estate market. July 2013 had four home sales averaging $1.257 million. There are still 21 homes for sale in the Annex as of August 1 2013, the average asking price for these houses is $2.144 million. Note, that there are 7 properties on busier streets in the neighbourhood, these don’t tend to sell for as much or as quickly as those properties protected within the quieter streets of the Annex.

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