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It’s sizzling hot in Toronto’s South Riverdale neighbourhood!

Multiple offers are back in full force in the downtown east side neighbourhood of south Riverdale. The freezing temperatures haven’t seemed to scare off hordes of buyers and their agents.

At least that’s the case in the house price range between $839,000 – $1,200,000.

Last week there were 5 sales with listed prices of $839,000-$999,000 and all sold with at an average 118% above the listed ask price.

It seems there are plenty of buyers looking for this price range of property, as some of the listings had upwards of 13 registered offers.

Demand for 3-bedroom homes is strong in the area so if you were contemplating making a move, and if your house is in ready-to-sell condition, I would put it on the market pronto.

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