Homes in York Mills
York Mills is famous for its expansive properties, century old trees and lush landscape. All of these trademarks form the perfect backdrop for the executive-style houses found in this neighbourhood.
The original York Mills housing stock dates from the late 1920's to the 1960's. There are pockets of Tudor inspired manor houses, English Cottage style designs, and contemporary designs. There are also large numbers of ranch-style bungalows and split-level houses which are gradually being replaced by large new custom-built homes.
York Mills also has its share of luxury condominium apartment buildings that have recently been built on the well treed hills around the Yonge Street and York Mills Road intersection. The Bayview Mills condominium townhouses located at the north-east corner of Bayview Avenue and York Mills Road provide entry level prices into this exclusive neighbourhood.
Ed. Note: York Mills heritage properties include the charming red brick cottage located at 4111 Yonge Street. This house was built in the 1830's. From 1914 to 1941 it was the residence and studio of Canadian historical artist C.W. Jeffrey's. The William and Elizabeth Harrison House at 111 Harrison Road was also built in the 1830's. The Harrison's were among the first settlers in the York Mills area.
York Mills Real Estate Update 2013
York Mills Real Estate Update 2014
York Mills is one of Toronto's premier established neighbourhoods. To date in 2014 there have been forty-seven houses sold in York Mills with an average sale price of $2,191,000. Susan Macarz, Broker, Re/Max Ultimate Realty Inc., Brokerage, reports that "while there are not enough listings in York Mills at the moment, the price point of the homes makes it more challenging and you don't see as much multiple offers, as this is a higher-end market."
For a high-end market it is amazing that York Mills houses are currently averaging just 25 days on the market. The average list to sale price ratio is a remarkable 99%. Where are all these buyers coming from ? Macarz reports that many York Mills buyers are second or third generation families that have roots in the area and many more buyers are new Canadians arriving from China, India, Iran and Russia.
Why are homebuyers choosing York Mills ? Macarz believes that this has alot to do with schools. "York Mills is home to many of the top public schools in Toronto", including: Owen Public School, St Andrew's Junior High School, Harrison Public School, Dunlace Public School, Windfields Junior High School, Denlow Public School, and York Mills Collegiate Institute. École Secondaire Étienne-Brûlé is a public high school with French Immersion. York Mills is also close to many excellent private schools including: Junior Academy, located on Bayview Avenue.
Macarz is quick to point out that while York Mills has excellent schools it also offers "easy accessibility to downtown Toronto and to the airport in approximately 20 minutes (traffic permitting)." Macarz goes on to say that York Mills residents enjoy "great shopping at York Mills Plaza, Bayview Village, and The Shops at Don Mills. Edwards Gardens, numerous parks and tennis courts and the accessibility to very high end golf clubs including Rosedale, Granite and Donalda and the public Don Valley golf course. And the subway and TTC are easily accessible". Quite simply, "its all here", says Macarz when summarizing why home buyers have made York Mills one of Toronto's most coveted neighbourhoods.
Home buyers will find a range of houses to choose from including: townhomes, semi-detached houses, ranch bungalows and split-level houses, as well as new custom homes, some of which have been described as mini-mansions. Prices range from just under 1 million dollars all the way up to 13 million dollars. Macarz says she has noticed a trend whereby many of the new homes in York Mills are being built with Eco friendly construction including geothermal and that slate roofs are once again becoming a popular choice.
If you are looking for a nice entry level home in York Mills you may want to consier a condominium apartment or townhome. There are many of these available. Some feature nice ravine or parkland views with small yards. There have been 20 condominium sales in York Mills so far this year. Most are 2 or 3 bedroom and range in price from $375,000 to just over 1 million dollars.
Macarz offers the following advice to any prospective York Mills buyer. "York Mills is a terrific neighbourhood and currently undervalued. This is a great neighbourhood to raise a family and has got everything that you could possibly want."
York Mills Real Esate Update brought to you by Susan Macarz, Broker, Re/Max Ultimate Realty Inc., Brokerage. Susan can be contacted at: O: 416- 487-5131, D: 416- 219-7583, email: firstname.lastname@example.org or visit Susan's website www.susanmacarz.com
** The information provided herein is compiled 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.