As the Canadian Real Estate market experiences fluctuations, the province of Ontario stands as a microcosm of diverse real estate landscapes. November 2023 witnessed the sale of homes spanning a wide spectrum, from opulent residences in affluent neighborhoods to more affordable properties in various communities.
The average home price in Ontario, as reported by the Canadian Real Estate Association (CREA), was $879,300 in October 2023. However, the intrigue lies not just in these average-priced homes but in those that deviate significantly from the norm. This blog delves into the extremes, showcasing the top 5 most expensive and the top 5 most affordable homes sold in Ontario during November 2023.
The luxury segment features homes in Oakville, Toronto, and Brant, each offering unique features such as expansive living spaces, high-end finishes, and exclusive locations. On the flip side, the affordable homes represent diverse regions like South Huron, Hamilton, Guelph, and Tavistock, demonstrating that comfort and value can be found across the province.
This analysis aims to provide a glimpse into the dynamics of Ontario’s real estate market, illustrating the variety of homes available and the factors influencing their prices. Whether you’re interested in the epitome of custom luxury or seeking an urban retreat without breaking the bank, these real estate transactions paint a vivid picture of the Ontario housing landscape in November 2023.
Expensive Homes:
- 225 Dunwoody Drive – Oakville
- 6 beds, 5 baths, 16 parking
- Detached
- Luxury features: Circular driveway, ensuite bathrooms in all bedrooms, 10.5 ft ceilings, his and hers walk-in closets, 2 offices, wet bar, wine cellar, gym, home theatre, games room, and spa room.
- 1536 Warren Drive – Oakville
- 4 beds, 6 baths, 8 parking
- Detached
- Luxury highlights: 5,055 sq. ft. main floor, 2,593 sq. ft. basement, 10′ ceilings, custom paneled walls, top-notch cabinetry, natural limestone, cedar shake, cooper eaves, and bespoke doors.
- 296 Inglewood Drive – Toronto
- 5 beds, 5 baths, 6 parking
- Detached
- Noteworthy features: Seamless transition between living, dining, kitchen, and family area, high-end finishes, and abundance of natural light.
- 499 Blue Lake Road – Brant
- 5 beds, 4 baths, 24 parking
- Detached
- Unique aspects: 18-acre secluded property on a private blue lake, 20′ ceilings, post and beam accents, 2-bed guest house, private sunbathing deck.
- 1204 – 111 Forsythe Street – Oakville
- 3 beds, 4 baths, 2 parking
- Condo
- Penthouse suite with southeast-facing views, 10-foot ceilings, hardwood floors, large gourmet kitchen, private terrace with lake and CN Tower views.
Affordable Homes:
- 2 Pebble Beach Parkway – South Huron
- 2 beds, 1 bath, 2 parking
- Detached
- Location perks: Across from Club House, walking distance to the main street and the beach in the gated community of Grand Cove Estates.
- 411 – 175 Hunter Street – Hamilton
- 1 bed, 1 bath, 1 parking
- Condo
- An urban retreat in downtown Hamilton with open-concept design, in-unit washer and dryer, whirlpool tub, and a large walk-in closet.
- 601 – 89 Westwood Road – Guelph
- 1 bed, 1 bath, 1 parking
- Condo
- Affordable luxury in Guelph with all-day natural light, incredible views, granite countertops, custom cherry cabinetry, easy-to-clean tile floors, and modern laminate flooring.
- 404 – 36 James Street South – Hamilton
- 1 bed, 1 bath, 1 parking
- Condo
- Stylish unit near the art gallery, waterfront, and trendy restaurants; features stainless steel appliances, in-suite laundry, and a beautiful view.
- 596234 Highway 59 – Tavistock
- 2 beds, 1 bath, 4 parking
- Detached
- Cozy and modern 1870-built home with a carpet-free main floor, spacious bedrooms, generous-sized backyard, and large front windows providing all-day natural light after recent renovations.
About the Author: Pritish Kumar Halder
Pritish Kumar Halder is a seasoned real estate analyst with a passion for unraveling the diverse trends within the housing market. With a keen eye for detail and a commitment to providing valuable insights, Pritish keeps you informed about the dynamic real estate landscape. Follow Pritish Kumar Halder for the latest updates and in-depth analyses on real estate developments.
