$1,185,000
362 Silverthorn Avenue
Toronto (Keelesdale-Eglinton West), Ontario
3bed2bath
ROYAL LEPAGE SIGNATURE REALTY
MLS® W13092700
detached in Toronto (Keelesdale-Eglinton West)
Browse 20 active listings
Market Analysis
In Keelesdale-Eglinton West, prospective buyers range from young professionals to growing families looking for spacious accommodations without the hefty price tags found in the downtown core. Many are drawn to the area's inviting community atmosphere, where multiculturalism thrives, and amenities cater to diverse lifestyles. House hunters often prioritize proximity to schools and parks, as families seek environments conducive to raising children. The competitive market with limited supply, particularly for detached homes, has attracted both first-time buyers and seasoned investors searching for rental opportunities. The blend of traditional homes and modern renovations allows buyers to envision a comfortable urban lifestyle in a neighborhood that balances convenience with a sense of community.
Price Insights
With a median price of $879,000 and an average price hovering around $837,129, buyers in Keelesdale-Eglinton West can expect to find a range of detached homes that vary in size and character. Homes on streets like Eglinton Avenue West and Keelesdale Road often feature three to four bedrooms, making them ideal for families or those needing office space. At this price point, many homes come with private yards and updated kitchens, providing an excellent blend of suburban tranquility and urban accessibility. Buyers will appreciate the significant value for money, especially compared to other neighborhoods in Toronto where similar properties can easily exceed $1.5 million. The opportunity to invest in a detached home at this price is increasingly attractive in a competitive market that shows no signs of slowing down.
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About This Property Type
Detached homes in Keelesdale-Eglinton West are typically characterized by their charming architectural styles, including classic bungalows and two-storey houses. Many residences along streets like Cobalt Avenue and Strathmore Boulevard boast generous lot sizes, allowing for both front and backyards that provide private outdoor spaces. These homes often feature traditional layouts with spacious living areas, family-sized kitchens, and multiple bedrooms. Buyers can find properties that have undergone substantial renovations, reflecting modern design elements while preserving their historical aesthetics. With the demand for detached homes rising, these properties often come equipped with amenities such as garages and basements, adding to their overall appeal and functionality.
Location Highlights
Keelesdale-Eglinton West is a vibrant neighborhood situated within Toronto's west end, known for its accessibility and community spirit. The area is conveniently located near major transit routes, including the Eglinton West subway station, making commutes to downtown Toronto effortless. Local amenities abound, with parks like the scenic Keelesdale Park offering walking trails, playgrounds, and sports facilities, perfect for families and outdoor enthusiasts. Eglinton Avenue is lined with diverse restaurants and shops, catering to every taste, from gourmet dining to casual eateries. Schools such as St. John Bosco Catholic School and Runnymede Collegiate Institute provide quality education options, further enhancing the appeal for families looking to settle down in this thriving neighborhood.
Investment Advice
Investing in a detached home in Keelesdale-Eglinton West is not only a smart move for those seeking a personal residence but also a strategic purchase for investors. Given the rising demand and limited supply of detached properties, the potential for appreciation in property values is high. The neighborhood's evolution, with ongoing development and revitalization efforts, signals a robust future, making it a desirable location for renters as well. Moreover, the combination of proximity to transit and essential amenities creates a stable rental market for those considering investment properties. As the city continues to grow, owning a piece of Keelesdale-Eglinton West is likely to offer long-term financial rewards.
Buying Tips
For potential buyers navigating the competitive market of Keelesdale-Eglinton West, being prepared is essential. Start by securing mortgage pre-approval to enhance your bargaining power. Familiarize yourself with various streets in the area, such as Caledonia Road and Dufferin Street, to identify the types of homes that align with your budget and needs. It's crucial to act quickly when you find a property that meets your criteria due to the limited supply. Enlisting the help of a local real estate agent who understands the nuances of the neighborhood can provide invaluable insights and potentially help you find hidden gems. Additionally, be ready to compromise on certain features to secure your dream home in this vibrant community.
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Frequently Asked Questions About Toronto (Keelesdale-Eglinton West)
How many detached homes are for sale in Toronto (Keelesdale-Eglinton West)?
There are currently 20 detached homes listed for sale in Toronto (Keelesdale-Eglinton West) on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are detached listings updated in Toronto (Keelesdale-Eglinton West)?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.