Of all the neighborhoods in the city, Rosedale Toronto may be the most desirable. Many people want to live in this attractive and quiet area, with its tree-lined streets and magnificent homes. The extreme desirability of a Rosedale address explains why its homes often sell for such high prices.
Homes in Rosedale Toronto have been known to sell for as much as $7 million or more, and the average sale price for a house is upwards of $1 million. Many of the most wealthy and influential people in the Toronto region call Rosedale home.
These houses often date back to the early part of the 20th century and are magnificent single-family dwellings in the Tudor, Victorian, or Edwardian styles. However, some people prefer a more modern dwelling place, or are not interested in owning much land. For these people, luxury condominiums can also be purchased to allow them to enjoy all the amenities of life in Rosedale.
One of the reasons why Rosedale is so peaceful is that it is kept isolated from the rest of Toronto by three ravines that surround it on all sides. These ravines have been preserved as parks, so they create a natural barrier between the neighborhood and the rest of the city. Even when traffic is roaring by on the other side of a ravine, little noise can be heard in Rosedale.
The Rosedale Toronto real estate also has very winding streets that see little in the way of traffic. Few people come to Rosedale unless they live there, so cars are not a common sight on the street. This makes the area an excellent place for wealthy families to raise their children.
Rosedale Toronto might be the single most affluent part of the city. Many people would love to be able to afford a home in this area.