Morningside ParkHousing market

Morningside Park

Morningside Park Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

14

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.

9

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*

14 active

New

13(-7.14% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 13, in 2023: 5, in 2022: 7

Total Sold Listings*

1 sold

Median Sold Price

$785,000

Avg Days on Market

9 days

Median Bidding

-$14,000

Compared to number of sold, same period, in 2024: 7, in 2023: 7, in 2022: 13

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Morningside Park - All types

Sold vs Active vs New vs Relisted - Morningside Park - All types

Sold Price Distribution - Morningside Park - All types

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

Property Type Distribution - Morningside Park - All types

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

Median Price - Morningside Park - All types

Just listed - Morningside Park

Living room with furniture, wood/laminate floor for 100 Mornelle Crt #2073, Toronto Ontario M1E 4X2

3 days on market

Up to9K Cashback

100 Mornelle Crt #2073, Toronto

Condo3+121200-1399 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

Home with brick exterior material, street for 94 Cindy Nicholas Dr, Toronto Ontario M1E 5L1

4 days on market

Up to12K Cashback

94 Cindy Nicholas Dr, Toronto

Detached542500-3000 sq ft

Listed by RE/MAX COMMUNITY REALTY INC.

Home with brick exterior material, street for 341 Military Tr #59, Toronto Ontario M1E 4E4

4 days on market

Up to7K Cashback

341 Military Tr #59, Toronto

Condo3+131600-1799 sq ft

Listed by RE/MAX HALLMARK REALTY LTD.

Just sold - Morningside Park

Patio, building for 100 Mornelle Crt #1085, Toronto Ontario M1E 4X2

Sold 5 days ago

Sold for $535,000

$15K below asking

100 Mornelle Crt #1085, Toronto

Condo321000-1199 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Home with brick exterior material, street for 23 CREEKWOOD Dr, Toronto Ontario M1E 4L6

Sold 10 days ago

Sold for $1,200,000

$101K above asking

23 CREEKWOOD Dr, Toronto

Detached4+131500-2000 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

Home with brick exterior material, street for 49 Creekwood Dr, Toronto Ontario M1E 4L6

Sold 12 days ago

Sold for $1,280,000

$70K below asking

49 Creekwood Dr, Toronto

Detached452000-2500 sq ft

Listed by CENTURY 21 LEADING EDGE REALTY INC.

Population and Demographics

Overview

Total population 9850

Average household income $108,737

Age (%)

20 to 34

23%

0 to 19

22%

50 to 64

20%

35 to 49

18%

65 and plus

16%

Household composition (%)

Single family

69%

Single person

22%

Multi person

7%

Multi family

2%

Mother tongue (%)

English

59%

Tamil

10%

Tagalog (Pilipino, Filipino)

8%

Others

4%

Malayalam

3%

Mandarin

2%

Urdu

2%

Bengali

2%

Arabic

1%

House tenancy (%)

Owners

60%

Renters

40%

Top 2 Schools in Morningside Park

St John Paul II Catholic Secondary School685 Military Trail, M1E 4P6, Toronto, ON

6.7/10

Public•9-12

St Edmund Campion Catholic School30 Highcastle Rd, M1E 4N1, Toronto, ON

6.4/10

Public•JK-8

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for most trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance