Toronto Neighbourhood Guide

Topham Park Real Estate Update

Jan 28, 2012

Topham Park is a Toronto neighbourgood seemingly untouched by the hands of time. The quaint saltbox style homes built in the 1940s, are shaded by a mature tree canopy that lines the quiet streets of this East York neighbourhood. Topham Park was conceived as a Wartime Housing development that at the outset was given the nickname "Sunshine Valley", and then later renamed Topham Park in honour of Frederick Topham, a Victoria Cross recipient who once lived in this neighbourhood. Today, this neighbourhood has become a Toronto hot spot for families looking for real estate value within a half hour commute of downtown Toronto. 

In the past 12 months there have been 52 houses sold in Topham Park. The average sale price of $425,000 is affordable by Toronto standards. The growing popularity with homebuyers saw these houses sell on average in just 15 days. The average list to sale price ratio was 101% which meant there were multiple offers on many of these sales. The houses here are all well maintained and many have been nicely renovated. All the housing stock in Topham Park is detached. The bungalow and one-and-a-half storey houses sell for between $320,000-$500,000. The 2-storey homes sell in the $485,000-$860,000 price range.

TorontoneighbourhoodGuide.com real estate sponsors Anne Balkou and Guido Perciasepe Broker/Sales representative, Bosley Real Estate Ltd., Brokerage provide the following insight: "Topham Park really is a small village within a big city. With the park at the heart where neighbours gather to watch the kids in the splash pond, have a game of tennis or play in the sports field it really has an old-fashion appeal to families young and old. There are 3 schools and 2 churches and you never have to leave the boundaries of Topham Park or cross a busy street to get to them".

Toronto homebuyers working downtown will definitely want to check out this neighbourhood. Balkou and Perciasepe point out:  "Topham Park is a nice quiet neighbourhood, totally self-contained by 3 major roads (Victoria Park, St. Clair and O’Connor). It’s has easy access to the DVP and you can catch the TTC from over 10 different bus routes that go past it’s perimeter. You can be downtown or uptown in no time".

In addition to excellent value for your real estate dollar the Topham Park neighbourhood offers convenient access to shopping and public transit as well as an excellent selection of schools. The neighbourhood recreational hub also referred to as Topham Park, located in the centre of this neighbourhood, features a baseball diamond that is the home field for men's, ladies' and children's softball leagues. This park also has two tennis courts, a clubhouse, and a children's playground. In the wintertime, Topham Park has an outdoor natural ice rink that is used for pleasure skating and hockey. Recreational programs for the public are also held at Selwyn School located at 1 Selwyn Avenue. With so many fabulous amenities for families it is no wonder that the Topham Park neighbourhood is in such great demand with homebuyers.

For prospective Topham Park homebuyers Balkou and Perciasepe explain: "the housing stock in Topham Park is a mix of bungalows, one & a half storeys, and new construction with very few listings at any given time making it still a sellers’ market. People who move here rarely move out. It is a gem of a neighbourhood and one of Toronto ’s best kept secrets".

** Anne Balkou, Broker and Guido Perciasepe, Sales Representative with Bosley Real Estate Ltd., Brokerage are the TorontoNeighbourhoodGuide.com real estate sponsors for the Topham Park neighbourhood. Anne and Guido can be contacted at their email: abalkou@bell.net and gperciasepe@trebnet.com or direct 416-358-5511 (Anne), 416-543-4998 (Guido) or through their office 416-481-6137

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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