Homes north of Danforth Ave. and east of the Don has the shortest sale times in Toronto, according to TREB data.
The trendiest neighbourhoods in Toronto aren’t in the trendy west end, but the east.
Homes north of Danforth Ave. and east of the Don River are selling fast, according to data provided by the Toronto Real Estate Board. The area, which encompasses posh Playter Estates to the west and rough-around-the edges Woodbine-Lumsden further east, boasts the shortest sale times in the city, with homes averaging a mere 12 days on the market compared to a city-wide average of 21 days.
To the south, Leslieville, Riverside and Riverdale came a close second, with homes averaging 13 days on the market.
Over the past decade, sale times across the city have been declining despite soaring home prices.
Robin Levinson King Staff Reporter, Published on Wed Feb 03 2016