What Sold Last Week in Midtown and Uptown Toronto? March 17-23, 2025

The Midtown and Uptown Toronto real estate market continues to show its dynamic nature, with a mix of fast-moving properties, high-priced luxury sales, and some neighbourhoods standing out as hotspots for competitive bidding.

Last week’s sold listings reveal important insights for both buyers and sellers, including trends in pricing, days on market (DOM), and property types. Whether you’re considering making a move or simply keeping an eye on the market, this in-depth report will give you a clear picture of what’s happening in Midtown and Uptown Toronto.

Market Overview: Midtown & Uptown Toronto

If you’re thinking about buying or selling in Midtown or Uptown Toronto, here’s what you need to know about last week’s market performance.

The Midtown and Uptown Toronto real estate market remained active last week, with a mix of fast-moving properties, luxury sales, and competitive bidding in key neighbourhoods. Here’s a breakdown of what sold, where it sold, and what it means for buyers and sellers.

Key Market Stats

• Total Transactions: 26

• Average Days on Market (DOM): 3 to 46 days

• Sold Above List Price: Up to 100% in some neighbourhoods

• Highest Average Sold Price: $2,662,000 (Yonge & St. Clair)

• Lowest Average Sold Price: $679,250 (Mount Pleasant)

• Property Types: Detached homes, semis, condos, and townhomes

Neighbourhood Breakdown: Where and What Sold?

Lawrence Park (North & South)

• Average Sold Price: $2,061,333

• Average DOM: 9 days

• Transactions: 3

• Sold Above List: 0%

• Property Types: 2 detached, 1 condo

Lawrence Park saw three sales last week, including two detached homes and one condo. The average DOM was 9 days, making it one of the fastest-selling neighbourhoods. Although none of the properties sold above asking, the $2M+ average price reflects the area’s strong luxury market.

Yonge & Eglinton

• Average Sold Price: $1,705,018

• Average DOM: 3 days

• Transactions: 1

• Sold Above List: 100%

• Property Type: 1 semi

Yonge & Eglinton was the hottest market of the week, with a semi-detached home selling in just 3 days for 100% over asking. This highlights the strong demand and competition in this centrally located neighbourhood, which continues to attract both young professionals and families.

Mount Pleasant (East & West)

• Average Sold Price: $679,250

• Average DOM: 27 days

• Transactions: 4

• Sold Above List: 25%

• Property Types: 3 condos, 1 townhome

Mount Pleasant saw four sales, primarily condos, along with one townhome. 25% of the sales went over asking, while the average DOM was 27 days, indicating a steady but not overly aggressive market. This neighbourhood continues to be a more affordable option compared to nearby luxury areas.

Leaside

• Average Sold Price: $2,642,000

• Average DOM: 21 days

• Transactions: 2

• Sold Above List: 0%

• Property Types: 1 detached, 1 semi

Leaside saw two transactions, including one detached home and one semi, with an impressive average sale price of $2.64M. Neither property sold above asking, but the 21-day DOM signals consistent demand in this family-friendly neighbourhood known for its strong community appeal.

Bedford Park - Norton

• Average Sold Price: $2,023,500

• Average DOM: 28 days

• Transactions: 5

• Sold Above List: 0%

• Property Types: 3 condos, 2 detached

Bedford Park led the week in volume with five transactions, including three condos and two detached homes. The average sold price of just over $2M highlights the neighbourhood’s appeal to both condo buyers and luxury home seekers. Despite no sales going over asking, the 28-day DOM suggests steady movement.

Forest Hill (North & South)

• Average Sold Price: $2,403,667

• Average DOM: 46 days

• Transactions: 3

• Sold Above List: 0%

• Property Types: 2 detached, 1 condo

Forest Hill saw three sales, with two detached homes and one condo. With an average DOM of 46 days, properties in this luxury neighbourhood are taking longer to sell. The $2.4M average price reflects the area’s upscale market, but buyers appear to be taking their time, negotiating carefully.

Yonge & St. Clair

• Average Sold Price: $2,662,000

• Average DOM: 25 days

• Transactions: 3

• Sold Above List: 33%

• Property Types: 1 detached, 1 condo

Yonge & St. Clair recorded the highest average sold price of the week at $2.66M. With 33% of sales going over asking, this area continues to be popular with luxury buyers. The 25-day DOM indicates steady but not overly rushed market activity, offering room for negotiation.

Rosedale / Moore Park

• Average Sold Price: $2,120,000

• Average DOM: 19 days

• Transactions: 3

• Sold Above List: 0%

• Property Types: 1 detached, 1 condo, 1 townhome

Rosedale / Moore Park saw three transactions, including one detached home, one condo, and one townhome. Although none of the properties sold over asking, the 19-day DOM signals relatively quick sales in this sought-after neighbourhood.

Annex

• Average Sold Price: $1,711,018

• Average DOM: 26 days

• Transactions: 2

• Sold Above List: 50%

• Property Types: 1 condo, 1 townhome

The Annex was one of the most competitive neighbourhoods last week, with 50% of sales going over asking. The average DOM of 26 days indicates solid buyer demand. The mix of condos and townhomes highlights the area’s appeal to both investors and end-users.

Key Takeaways for Buyers and Sellers

1. Fast Sales in Key Areas:

   • Yonge & Eglinton was the fastest-moving area, with a 3-day sale at 100% over asking.

   • Lawrence Park followed closely behind, with properties selling in an average of 9 days.

2. Luxury Markets Show Steady Demand:

   • Leaside, Bedford Park, and Forest Hill saw $2M+ average prices, but most sales were at or below list price.

   • Forest Hill properties took the longest to sell, with an average DOM of 46 days, indicating patient luxury buyers.

3. Condos and Townhomes Moving in Hot Areas:

   • The Annex and Mount Pleasant saw competitive condo and townhome sales, with 25-50% of propertiesgoing over asking.

   • These areas remain attractive for both end-users and investors seeking relatively affordable options.

4. Yonge & St. Clair Commands High Prices:

   • With the highest average sold price of the week at $2.66M, this neighbourhood continues to appeal to luxury buyers.

   • 33% of sales went over asking, showing solid competition.

Looking Ahead

The Midtown and Uptown Toronto market continues to offer opportunities for both buyers and sellers, with certain areas experiencing competitive bidding and fast sales, while others see longer listing times.

If you’re considering buying or selling in Midtown or Uptown Toronto, reach out for expert guidance on how to navigate this market.

Call (647) 277-4617 or email hello@yolevski.com