Leaside & Bennington Heights Annual Home Sales 2021
Sales Volume Changes*
All homes - up 15.2% to 167
Detached - up 17% to 131
Semi-detached - up 17.2% to 34
Dollar Value Changes*
All homes - up 11.3% to $2,335,505
Detached - up 11% to $2,563,038
Semi-detached - up 9.3% to $1,496,569
*MLS 12-month year-over-year changes ending December 30, 2021; Provided by Jethro Seymour
2021 brought 167 home sales in Leaside & Bennington Heights, up by 15.2% from 145 transactions in 2020. The 2021 sales returned an average of 11.3% more in the way of dollar value, with mean transaction values rising from $2,097,707 to $2,335,505. This year's sales included 131 detached homes, which returned average sale prices of $2,563,038. This marked a 11% increase compared to the 112 detached homes that sold for an average of $2,308,883 in 2020.
Last year’s most expensive home sale was a detached 4-bedroom, 5-bathroom home on a 59.09 x 98.83-foot lot with a private drive and garage on Lumley Avenue, which sold for $5,750,000 (98% of the asking price). The least expensive home sold in Leaside last year was a semi-detached home on Eglinton Avenue East which sold for $1,180,000 (91% of the asking price) and in its original condition.
Entry into the Leaside market now requires buyers to spend $1.2 million for a semi-detached home and at least $1.5 million for a detached home. Buyers continue to look for homes in the coveted midtown area while low inventory persists as a key catalyst of competitive bidding.
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Leaside & Bennington Heights
Annual Home Sales 2021
|Detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
|Semi-detached||No. of Sold||Avg. Price||% of List Price||Days on Market|
Source: TREB MLS Sales Data as of December 30, 2021
Statistics Provided by Jethro Seymour, Broker of Record
December 2021 saw five homes change hands in Leaside & Bennington Heights, marking a 50% drop over the 10 sales that took place in December 2020. This year’s December transactions involved four detached and one semi-detached home. The average value of the five transactions came in at $1,994,600, marking a 2.8% decrease from December 2020 mean of $2,052,200.
All but one of the five properties sold at or above their listed prices last month. December 2021’s most valuable Leaside transaction featured a detached 4-bedroom, 4-bathroom home on a 33 x 135-foot Fleming Crescent lot with a private drive and garage. It sold for $3,120,000 or 106% of the original listing price. This was followed by a home on Sutherland Drive, which changed hands for $2,051,000 or 128% of the original listing price.
Last month, Leaside homes sold in an average of five days. The quickest sale was a Fleming Crescent property that was sold a day after it was listed, while the longest sale period was seven days.
As of December 28, 2021, there are two homes for sale in the Leaside & Bennington Heights area. They range in price from $2,188,000 for a detached home on Eglinton Avenue East (32 days on the market) to $3,399,000 for a detached home on Sutherland Drive (38 days on the market).
Jethro Seymour is one of the Top Leaside Real Estate Brokers and a midtown Toronto residential specialist with over 20 years of sales experience in real estate, marketing, construction and publishing. He has helped many families find homes in Toronto’s great neighbourhoods, and has extensive knowledge of local markets, new home construction, resale home sales, and the condo market. Living in midtown Toronto, Jethro previews many of the homes that come to market for his clients and inventory knowledge. Jethro specializes in Midtown, Davisville Village and Leaside neighbourhoods.