Toronto Neighbourhood Guide

Uptown

Allenby

Homes in Allenby

 

Allenby's tudor style houses were built in the 1930's and 1940's. They include a mix of detached two storey homes and bungalows. Overall, Allenby's lot sizes are above average, with 25 to 35 foot frontages being typical. All Allenby houses have either a mutual or private driveway.

Much of Allenby's housing stock has undergone extensive renovations by new owners who have been careful to preserve the original wood detail and decorative accents found in many of the houses in this neighbourhood.

Allenby Real Estate Update 2012

The Allenby neighbourhood is a popular choice for families. David Dunkelman, Broker, Sotheby's International Realty Canada explains: "Families are attracted to this neighbourhood for its excellent schools and convenient access to prime shopping districts, as well as a plethora of recreational amenities. The fact this neighbourhood is so close to downtown Toronto is a huge bonus for the many professionals who reside here and commute downtown each day".

The demand for houses in Allenby is reflected in the 50 sales that have taken place in this neighbourhood thus far in 2012. The average sale price is currently $1,130,000. Dunkelman points out "you can certainly find a small bungalow, or semi-detached home for under 1 million dollars but even the smaller detached houses are now selling for over 1 million dollars, and the larger detached houses situated at the north end of the neighbourhood can sell for as much as 2 million dollars and even surpass that mark".

If you are planning to buy a home in this popular uptown neighbourhood you better find a buyers agent who can help you gain a competitive advantage as houses in Allenby are selling on average for 102 % of asking price and are averaging just 11 days on the market. Dunkelman who has sold houses in the Allenby neighbourhood for many years has the following words of advice for prospective Allenby homebuyers. "The fall market is an excellent time to buy a home in Allenby as there are typically some good listings on the market, but not quite as much competition from buyers as you are likely to find in the spring market".

For more information on Allenby neighbourhood real estate you can contact David Dunkelman at: ddunkelman@sothebysrealty.ca or by cell phone at 416-726-6574

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