Leslieville By The Numbers For May 2017
Number of Sales
Average Days on Market
Average Price of a Home
What we LOVE about Leslieville: Leslieville is the most connected community in Toronto. I mean literally. Leslieville has Toronto’s most active Facebook communities via two groups: 1. I Am A Leslievillian and 2. Leslieville Community Of Neighbours and Friends. if you’re at all interested in this area, join those two groups. Neighbours helping neighbours.
Part of the booming East Toronto neighbourhoods, Leslieville has officially landed as the “it” place to live East of the DVP taking over from the previous hotspot: The Beaches. Why is Leslieville such an awesome place to live? For one thing, it’s less expensive than most West End Communities and it’s quite here (for now anyway).
Leslieville proper doesn’t have much of a nightlife but we are the “brunch capitol of Toronto!”. You’ll usually find the streets pretty quiet after 10pm while our friends to the West in Riverside are partying hard!
Leslieville Home Values:
Know Your Neighbours
The young people are coming, the young people are coming! We are seeing the quietness of Leslieville evolve as most folks flock to the Dundas and Carlaw intersection to party at Leslieville's greatest patio (called Dundas and Carlaw). Dundas and Carlaw is really becoming a force to be reckoned with in the Leslieville culture scene. We wrote all about what's happening there in a recent blog post.
The change is mainly due to the increased number of young people moving into the community taking advantage of more affordable properties in the new condos along our Condo Alley along Carlaw ave b/w Queen and Dundas. Millennials want a place to have fun at night and Dundas and Carlaw filled that void. As new condos are developed along Queen Street we'll see new businesses pop up to support the changing demographic. We do predict Leslieville will develop a more robust evening scene in the coming years.
You see, young folks are usually drawn to the West side of Toronto (or Riverside). They meet, date, Marry, have kids and move to The East. Well, that's how it used to be.
Leslieville has had and continues to have some of the most strict development restrictions in all of Toronto. First of all there's nowhere to build and where you can build, you are limited to only 6 stories along Queen Street (12 along Dundas) so affordability has always been an issue. So you can see why only monied older folks could afford to live here. Over the past 4 years, we've seen a boom in local development and more affordable units brought on a slew of younger folks drastically changing the demographic of the area.
As of 2016, every single piece of buildable land is in the hands of a developer. We are about to see a huge POP in affordable single unit building along Queen Street, Eastern Ave, Dundas Street East and Gerrard St. Much to the dismay of local NIMBY's this development is going to happen and it is good for the City. One cannot complain about housing affordability being an issue and then stand against development. The one thing that can tackle the affordability concern.