Leaside & Governor's Bridge Home Sales for April 2023
Sales Volume Changes*
All homes - down 23.8% to 128 homes sold
Detached - down 17.3% to 105 homes sold
Semi-detached - down 44.7% to 21 homes sold
Dollar Value Changes*
All homes - up 4.1% to $2,495,721
Detached - up 1.4% to $2,699,812
Semi-detached - down 0.2% to $1,568,909
*MLS 12-month year-over-year changes ending April 31, 2023; Provided by Jethro Seymour
Sixteen homes were given new owners in Leaside & Governor's Bridge, including fourteen detached and two semi-detached homes. The average value of last month’s transactions was $2,730,894, marking a 2.7% increase over last year’s April mean average of $2,658,801.
Year-To-Date Leaside Sales as of April 2023 for Detached homes are up by 5.6%
As of May 3, 2023, there are 9 homes on the market in the Leaside (C11) area, ranging in price from $1,399,000 for a semi-detached home on Sutherland Drive (8 days on the market) to $4,399,000 for a detached home on Brentcliffe Road West (1 day on the market).
Eleven of the March home sales sold at or above their initial asking prices. The highest-selling Leaside transaction of the month featured a detached 5-bedroom, 5-bathroom home on a 60 x 150-foot lot with a private drive and 2 attached garage at Kildeer Crescent. It sold for $4,800,000 which was 100% of the asking price. This was followed by another detached home at Divadale Drive which sold for $3,875,000 and was 101% of its initial listing price.
Last month, Leaside properties sold at an average of 11 days on the market. A Laird Drive home sold within the day it was listed, while the longest remained on the market for 45 days. This doesn’t include the four homes that have been listed for more than 30 days or the five in April and is not selling at their current price.
April 2023 Sales
& Governor's Bridge
|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 May 5, 2023;
Statistics Provided by Jethro Seymour, Broker of Record
Jethro Seymour is one of the Top Leaside & Bennington Heights 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.