Thorncrest Village; Toronto Real Estate Update 2016

February 17, 2016

Wow! A potential building lot just sold in Thorncrest Village for over $2.5 million! Long time Thorncrest residents and local real estate agents Nancy Pierce and Dave Duncan know the value of Thorncrest Village. Pierce and Duncan currently have 2 listings in the village: 74 Thorncrest Road is a magnificent custom built home listed for $2,899,000 and they have a custom built 3800 square foot bungalow on a 95 x 158 foot lot offered for $2,500,000 as an exclusive listing by appointment only.

Thorncrest Village offers 3 parkettes, winding tree-lined streets, and a newly renovated Club House with a salt water pool and 2 tennis courts. It’s conveniently located near shops and prime schools such as Kingsway College Private School, Rosethorn Junior Public School (which offers french immersion) and Richview Collegiate Institute (High School), where our former Prime Minister, Stephen Harper attended. Highways (to downtown & airport), malls (Sherway, Cloverdale & Yorkdale) and golf are also nearby.
 
Sales remain strong in Thorncrest Village. 9 properties (1 bungalow, 4 split level and 4 two storey) sold in 2015 on average for 95% of asking price. 2 properties (1 bungalow and 1 two storey) have sold in 2016 on average for 112.5% of asking price. 
 
Thorncrest Village’s appeal for homebuyers is largely family based. There is a great “Village Vibe” amongst neighbours generated by many community club house events such as the annual Fun Fair, children’s Christmas and Hallowe’en parties, Karaoke nights and summers filled with BBQ’s and pool parties which Pierce and Duncan are proud sponsors. Come Join the Fun!
 
For more information on buying or selling in Thorncrest please contact Nancy or Dave. Nancy can be contacted at (C) 416-985-1486, and you can reach Dave at 416-894-4079 or contact them at their office (O) 416-236-1241. 
 
Thorncest neighbourhood Toronto real estate update provided by Nancy Pierce and Dave Duncan, Sales Representatives, Remax Professionals Inc., Brokerage. Nancy can be contacted at (C) 416-985-1486, and you can reach Dave at 416-894-4079 or contact them at their office (O) 416-236-1241. Also be sure to visit their personal website: www.pierceduncan.com
Nancy and Dave are also real estate sponsors for the Richview neighbourhood.