The Deer Park neighbourhood has recorded 30 house sales to date in 2011. The median sale price of these homes was $1,345,000. Particularly noteworthy is that these homes sold for an average list to sale price ratio of 102% whereas the Toronto Real Estate Board average typically hovers around 98%. The average days on the market for a Deer Park home was just 24 days.

A further analysis of these Deer Park sales reveals that 18 sales were detached houses - two of these were multi-plex dwellings - and 12 sales were semi-detached houses or townhomes. The starting price for a house in Deer Park is approximately $800,000. This will buy you a small entry level house that will likely require some updating. At the other end of the scale many of the grand old Deer Park houses and the new custom finished townhomes sell for well over the average neighbourhood price of $1,354,000.

Deer Park also offers homebuyers one of the finest collection of condominium apartment buildings in Toronto. There have been 70 condominium units sold in Deer Park this year. Signature condo buildings in Deer Park include: Granite Place, Park Avenue, 10 Delisle, 33 Delisle, Avoca Vale, One Balmoral, 5 Rosehill and the Westclair. In addition to condominium buildings there is also the popular Avoca co-op apartment buildings on Rosehill Avenue that look out over David Balfour Park and the Rosehill Reservoir.

The 1 bedroom apartments in Deer Park have been selling for between $340,000-$425,000. The 1+1 bedroom apartments are currently selling for between $425,000-$550,000. The 2 bedroom apartments start at $450,000 but in the newer buildings with the nicer finishes, the starting price is closer to $650,000 and goes upwards of one million dollars. The 2+1 Bedroom condo units (the plus being a den) are generally 1100 square feet or larger. These start at $725,000 and can can soar to well over 2 million dollars. You will find a very limited number of 3 bedroom units but only at the very top end of the price scale.

Deer Park really has alot going for it. This is a convenient midtown location with plenty of shopping and restaurants and easy access to public transit. There is also an abundance of parkland within short walking distance that offers a myriad of recreational opportunities. Excellent public and private schools are just steps away. The housing stock is among the most varied of any Toronto neighbourhood with new townhomes and elegant older houses integrated seamlessly together with new condominiums and older apartment buildings. Deer Park sounds idyllic and in this case the name fits.

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The information shown here is complied from source data obtained from the Toronto Real Estate Board. It is presented here for information purpose only. All data are subject to updates and revisions. The author assumes no responsibility for the accuracy of any information shown.