Mount Pleasant East Real Estate Report · Week of May 18 | Median $1.35M

The week in numbers

Mount Pleasant East saw four sales close in the week of May 18, with a median sold price of $1.35 million. The neighborhood’s sale-to-list ratio of 0.96 suggests moderate downward pressure from asking prices, though the small sample size warrants caution in drawing broad conclusions.

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The four transactions span a wide range, from $741,000 to $1.37 million, indicating a diverse mix of property types and conditions across the neighborhood.

What sold

The week’s sales included two properties in the $1.3–$1.37 million range, one at $1.05 million, and one at $741,000. This spread reflects the neighborhood’s varied housing stock. Two of the four transactions closed with sale prices below list, while one achieved a modest premium.

• Hillsdale Avenue: $1,350,000 (listed $1,399,999)
• Tilson Road: $1,370,000 (listed $1,395,000)
• Millwood Road: $1,050,000 (listed $1,188,888)
• Manor Road: $741,000 (listed $799,000)

What’s listed right now

Eight properties are currently listed in Mount Pleasant East, with asking prices ranging from $1.479 million to $2.999 million. The active inventory includes several homes positioned in the $1.48–$1.65 million band, as well as two premium listings above $2.7 million. This suggests steady market activity despite the modest weekly sales count.

• Forman Avenue: $1,595,000
• Hadley Road: $1,499,000
• Merton Street: $1,649,000
• Davisville Avenue: $1,499,900
• Keewatin Avenue: $1,479,000 and $2,749,000
• Banff Road: $2,999,900

Market call

Mount Pleasant East is displaying a balanced market with a slight seller’s headwind. The 0.96 sale-to-list ratio indicates properties are closing modestly below asking, though not dramatically so. Four sales in one week is a reasonable clip for an urban Toronto neighborhood, suggesting stable buyer demand.

The wide dispersion in prices—from $741,000 to $1.37 million—reflects the area’s heterogeneous character rather than market dysfunction. Without day-on-market data for this week’s sales, we cannot assess velocity precisely, but the presence of eight active listings and four closures suggests neither a frenzied nor a stagnant market. Sellers should price competitively; buyers have choice but no obvious glut.

How this compares to the broader Toronto Central

Toronto Central has historically shown stronger median prices and tighter sale-to-list ratios than Ontario average, often hovering near the $1.1–$1.2 million GTA-wide median reported by Ontario MLS. Mount Pleasant East’s $1.35 million median this week sits comfortably above that broad baseline, positioning it as a solidly mid-to-upper-market neighborhood within the central corridor. The 0.96 sale-to-list ratio aligns with current Toronto-wide patterns of modest negotiation room.

What this means if you’re thinking of selling

If you own in Mount Pleasant East, the current market is receptive but selective. Four closures in one week and eight active listings indicate steady interest without panic bidding. Price at or slightly below comparable recent sales to attract qualified buyers quickly. Use our seller net sheet calculator to model your net proceeds after costs, and review our pre-listing checklist to ensure your home stands out among the current inventory.

What this means if you’re thinking of buying

Buyers have opportunity here. The 0.96 sale-to-list ratio means homes are not appreciating dramatically above asking, and eight active listings provide real choice. Prices span a wide range, so there is room for different budgets. If you’d like to explore what’s available or understand how a specific property compares to recent sales, book a 20-minute walkthrough with Alex to discuss your options. As a licensed agent, Alex represents buyers as well as sellers.

Sources & method

This report draws on sales and listing data from Repliers, the Ontario MLS-backed data platform, covering the week of May 18–24, 2026. The median sold price, sale-to-list ratio, and transaction count reflect all reported closings and current active listings for Mount Pleasant East. For broader market context, see Ontario MLS market data. For a custom home value estimate in this neighborhood, visit Mount Pleasant East home value estimate or return to InstantCalculator.ca.