Banbury – Don Mills 1st Quarter 2013 Housing Statistics

 Banbury – Don Mills Neighbourhood

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Toronto’s Banbury – Don Mills neighbourhood was one of Canada’s first planned communities.  This neighbourhood was primarily built after the second world war between 1946 to 1960.    The two main housing types you find are single detached homes and apartments of 5 storeys or more.   The average value of a home in the area is $528,134 which is higher than you would find in statistics covering all of Toronto.    What key metric which shows you the value of the area is the average family income for private households is $109,139, with 32.4% families making over $100,000.

Most of this community is made up of working families, however it does have a high percentage of seniors who were the original home owners when this area was first developed.

Total Population – 26,895

Working Age (25-64) – 14,410   representing 53.6%

Seniors (65+) – 6,096     representing 22.7%

Children (0-14)  –  3,685    representing  13.7%

Youth (15-24)  –  2,702   representing 10.1%

Rented Dwellings  –  39%    representing 5020 units

Privately Owned  –  61%     representing  3620  homes 

 

 

Banbury Don Mills 2013 1st Quarter Housing
Housing StyleHousing Types Sold Average Selling PriceMedian PriceAverage Days On MarketSold To List Price
Total 78$739,913$454,0002899%
Detached 19$870,000$830,00024101%
Semi-Detached 13$478,000$480,0001599%
Attached Row/Townhouse0N/AN/AN/AN/A
Condo Townhouse5$355,000$348,0003797%
Condo Apartment26$223,000$210,0003898
Other 00000
Source: Toronto Real Estate Board

 

I regularly update monthly housing statistics for a number of key neighbourhoods which I post on my blog.   If you would like to look at specific data contact me and I will try to pulled together a data pack.