Swansea Toronto 2004 real estate statistics

Ever popular, Swansea experienced a busy year in 2004.

As the year has ended, only 3 freehold residences remain available, as well as two multi-family dwellings. Available were also 14 condo suites (one of them sold conditionally) and one co-op suite on Coe Hill Drive. The price ranged from $149,500 for a co-op suite to $995,000 for a 2-storey multi-unit property.

Following are the statistics on sales in the area in 2004:

Sales of attached homes

	No	Average	Low	High
List price	4	$495,825	$429,900	$534,900
Original price	4	$495,825	$429,900	$534,900
Sold price	4	$484,250	$430,900	$517,000
% list	4	98	96	100
Taxes	4	$4,055	$3,511.37	$4,243.86
Bedrooms	4	2.8	2	3
Washrooms	4	3.5	3	4
Days on market	4	17	7	30

In 2004, 4 attached homes were sold, with an average price of $495,825, at 98% of the asking price on average. That percentage ranged between 96% and 100%. All of these homes were relatively new townhomes, with hardwood floors, fireplaces and cathedral ceilings.

Sales of semi-detached homes

	No	Average	Low	High
List price	9	$385,511	$339,000	$499,900
Original price	9	$389,200	$339,000	$499,900
Sold price	9	$380,724	$326,000	$482,000
% list	9	98.7	93	110
Taxes	9	$2,715	$2,449.14	$3,004.42
Bedrooms	9	3	3	3
Washrooms	9	1.9	1	4
Days on market	9	25	7	86

9 semi-detached homes changed hands in 2004. These properties sold at prices ranging from $326,000 for a 2-storey. 3-bedroom home with no parking and urea formaldehyde insulation that was removed, to $482,000 for a new custom built residence. On average the semi-detached homes were selling at 98.7% of the asking price. This ranged from 93% to as high as 110%.

Sales of detached homes

	No	Average	Low	High
List price	96	$523,500	$309,000	$1,300,000
Original price	96	$527,209	$309,000	$1,300,000
Sold price	96	$524,034	$315,000	$1,330,000
% list	96	100.33	86	123
Taxes	96	$3,892	$2,100.00	$12,057.31
Bedrooms	96	3	1	6
Washrooms	96	2.2	1	6
Days on market	96	20	3	109

96 detached homes are reported sold last year. These homes sold at prices ranging from $315,000 for a 3-bedroom bungalow in lower Swansea to $1,330,000 for a majestic restored residence overlooking Grenadier Pond. The average selling price was $524,034. Twenty properties were sold above $600,000.

Sales of condominium apartments and townhouses

Swansea is home to eight condominium buildings. The most recent one is located at 1 Ripley, three buildings on Southport: 20, 22 and 24 are over 16 years old, and the remaining four, at 45, 60 and 65 Southport and at 35 Ormskirk are older. Several condominium townhouses are located on Budgell Terrace.

The location features easy access to a streetcar line on the Queensway, local shopping plaza, a bus ride to Bloor subway, proximity to excellent Windermere school, and, of course, wonderful Grenadier Ponds within a short walk.

	No	Average	Low	High
List price	81	$228,560	$159,000	$369,888
Original price	81	$229,400	$159,000	$369,888
Sold price	81	$224,290	$153,000	$369,000
% list	81	98.1	91	107
Maintenance	81	$516.42	$348.33	$704.88
Taxes	81	$1,882	$966.00	$3,123.40
Bedrooms	81	2	1	3
Washrooms	81	1.7	1	3
Days on market	81	30	1	117

81 condominiums are reported sold. One condo townhouse on Budgell Terrace, seven suites on Ormskirk, nine on Ripley, and 64 on Southport. These condos were sold at prices ranging from $153,000 for a 1-bedroom, 1-bathroom vacant unit on Southport, to $357,000 for a two bedroom suite with two parking spots in 1 Ripley, and $369,000 for a 3-bedroom townhouse. On average the condos were selling at 98.1% of the asking price.

If you wish to see statistics for your neighbourhood, please contact me . I will be glad to e-mail a report to you.