It has been a busy 2011 for Wanless Park Real Estate agents with 63 home sales recorded so far this year. The median sale price in the neighbourhood is $1,000,000. The lofty prices can partly be attributed to the influx of new custom homes being built in the neighbourhood. These luxury houses range in price from 1.2 million to 2.5 million dollars. The exclusive pocket of houses east of Wanless Park are situated on wider lots. New custom homes in this part of the neighbourhood can command prices well in excess of 2.5 million. 

If you are looking for a more affordable entry into Wanless Park then you might want to consider the following options: The average semi-detached home in this neighbourhood is currently selling for $690,000. Most of these houses have had some renovations and in many cases include at least one off-street parking space and a decent size backyard. Houses on the higher traffic arterial streets such as Mount Pleasant Road and Lawrence Avenue also tend to offer more affordable options. A small number of multi-plex houses also exist. These can offer additional income to help offset mortgage payments.

The Wanless Park neighbourhood is a very popular choice with young families. Bedford Park Public School has just recently transitioned from a JK-6 to a JK-8 school. This school building is the shared home of the Bedford Park Community Centre which offers a myriad of community programming including swim lessons. The Yonge and Lawrence subway, an excellent selection of shops and restaurants and the George Locke Public Library are all valued neighbourhood amenities.

Without question the most popular draw for homebuyers is Wanless Park itself, a beautiful recreational greenspace situated right in the middle of this neighbourhood. This park has an excellent children's playground, soccer field and baseball diamond, and an excellent public tennis club. Homes that face the park tend to command a premium as these homeowners enjoy beautiful vistas. The popularity of this neighbourhood is reflected in the fact that houses in this neighbourhood sold on average, in just 15 days and recorded a list to sale price ratio of 102% which is well above the city average of 98%.

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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.