Wallace EmersonHousing market

Wallace Emerson

Wallace Emerson Housing Market Report

Buyer's Market

All types - for the month of March

Buyer's market Seller's market

6

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

10

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

29 active

New

20(-31.03% YoY)

Relisted

2(+100.00% YoY)

Compared to number of active, same period, in 2024: 34, in 2023: 20, in 2022: 5

Total Sold Listings*

5 sold

Median Sold Price

$640,000

Avg Days on Market

10 days

Median Bidding

-

Compared to number of sold, same period, in 2024: 14, in 2023: 10, in 2022: 21

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Wallace Emerson - All types

Sold vs Active vs New vs Relisted - Wallace Emerson - All types

Sold Price Distribution - Wallace Emerson - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Wallace Emerson - All types

Property type distribution based on data from the last 3 months.

Median Price - Wallace Emerson - All types

Just listed - Wallace Emerson

Indoor entryway for 223 Wallace Ave, Toronto Ontario M6H 1V5

Up to15K Cashback

223 Wallace Ave, Toronto

Semi-Detached3+232000-2500 sq ft

Listed by RE/MAX HALLMARK REALTY LTD.

Home with brick exterior material, street for 94 Wallace Ave, Toronto Ontario M6H 1T5

Up to18K Cashback

94 Wallace Ave, Toronto

Detached331500-2000 sq ft

Listed by RIGHT AT HOME REALTY

Open concept kitchen, unknown for 1420 Dupont Rd #1305, Toronto Ontario M6H 0C2

4 days on market

Up to5K Cashback

1420 Dupont Rd #1305, Toronto

Condo1+12500-599 sq ft

Listed by HOUSESIGMA INC.

Just sold - Wallace Emerson

Home with brick exterior material, street for 121 Russett Ave, Toronto Ontario M6H 3M4

Sold 8 days ago

Sold for $1,450,000

$250K above asking

121 Russett Ave, Toronto

Detached3+121500-2000 sq ft

Listed by RIGHT AT HOME REALTY

Home with brick exterior material, street for 707 Brock Ave, Toronto Ontario M6H 3P1

Sold 11 days ago

Sold for $1,400,000

$99K below asking

707 Brock Ave, Toronto

Detached3+121100-1500 sq ft

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

Home with brick exterior material, street for 40 Wallace Ave, Toronto Ontario M6H 1T5

Sold 12 days ago

Sold for $1,255,000

$5K above asking

40 Wallace Ave, Toronto

Detached321500-2000 sq ft

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Population and Demographics

Overview

Total population 9151

Average household income $125,166

Age (%)

20 to 34

28%

35 to 49

26%

50 to 64

17%

0 to 19

15%

65 and plus

14%

Household composition (%)

Single family

53%

Single person

36%

Multi person

10%

Multi family

1%

Mother tongue (%)

English

63%

Portuguese

15%

Spanish

5%

Yue (Cantonese)

3%

Italian

2%

Vietnamese

2%

French

2%

Others

2%

Mandarin

2%

House tenancy (%)

Renters

50%

Owners

50%

Top 2 Schools in Wallace Emerson

St Sebastian Catholic School717 Brock Ave, M6H 3P1, Toronto, ON

10/10

Public•JK-8

Pauline Junior Public School100 Pauline Ave, M6H 3M8, Toronto, ON

7/10

Public•JK-6

Transportation

Car Friendly

3/5

Some arteries nearby, but traffic congestion and parking problems are likely

Pedestrian Friendly

5/5

All day-to-day needs are within walking distance

Transit Friendly

5/5

Near a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

4/5

Variety of cafés within walking distance

Groceries

5/5

Several grocery stores nearby

Nightlife

3/5

Some bars within walking distance

Shopping

4/5

Variety of shops within a few minutes' walk

Restaurants

4/5

Variety of restaurants within walking distance