{"id":168217,"date":"2017-06-28T12:05:09","date_gmt":"2017-06-28T16:05:09","guid":{"rendered":"https:\/\/www.livabl.com\/articles\/?p=168217"},"modified":"2017-06-28T13:02:00","modified_gmt":"2017-06-28T17:02:00","slug":"old-real-estate-ads-show-what-toronto-homes-cost-1911","status":"publish","type":"post","link":"https:\/\/www.livabl.com\/articles\/news\/old-real-estate-ads-show-what-toronto-homes-cost-1911","title":{"rendered":"These old real estate ads show what Toronto homes cost in 1911"},"content":{"rendered":"<h4 id='pressboard-ad-sponsorship-tag' style='margin-bottom: 35px;'><\/h4><p><a href=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2017\/06\/old-toronto-home-prices-2.jpg\" rel=\"lightbox[168217]\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-168219\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2017\/06\/old-toronto-home-prices-2-1024x724.jpg\" alt=\"\" width=\"1024\" height=\"724\" \/><\/a><\/p>\n<p><em>Photo: Mary Nikles<\/em><\/p>\n<p>During her home renovations last week, Toronto real estate agent Mary Nikles got an unexpected snapshot of her city\u2019s real estate past.<\/p>\n<p>Beneath the old flooring, contractors discovered a 1911 issue of The Evening Telegram, the Toronto Star\u2019s long-defunct conservative competitor, and with it, real estate listings from more than a century ago.<\/p>\n<p>\u201cIt\u2019s one thing to see a hat advertised for 25 cents, but to see the prices for the properties,\u201d she tells BuzzBuzzNews, trailing off.<\/p>\n<p>Torontonians today may be speechless when they see the home prices, too.<\/p>\n<p>A six-room detached house on Hastings Avenue in what is now known as Leslieville was listed for $1,850 as of July 8th, 1911.<\/p>\n<p>Fast forward to earlier this year, and a detached home on that very same street sold for $1,555,556, well over asking, according to the Toronto Real Estate Board\u2019s listing system.<\/p>\n<p>That\u2019s slightly above the average sale price of a detached home in Toronto proper as of May 2017.<\/p>\n<p>Sure, inflation over a century is a factor to consider. But given the average male wage earner took home roughly a third of the price of that Hastings freehold annually \u2014 $687 a year, to be exact, <a href=\"https:\/\/www65.statcan.gc.ca\/acyb02\/1927\/acyb02_19270777005a-eng.htm\" class=\"external\" target=\"_blank\">according to Statistics Canada<\/a> \u2014 there\u2019s little debate Toronto low-rise housing was more affordable in the early-20th century.<\/p>\n<p>But even more than the prices (another weathered page advertises \u201csome choice lots\u201d in Long Branch for $400) the descriptions of neighbourhoods amazed Nikles.<\/p>\n<p>\u201cThere was one ad for St. Andrews Gardens in Rosedale as the cheapest lots in town, and I was like, \u2018What? That was cheap at one time? Like, wow,\u2019\u201d she says.<\/p>\n<p>Today, the Rosedale neighbourhood is home to some of the most expensive real estate anywhere in the country.<\/p>\n<p>Another Evening Telegram listing refers to Lawrence Park in midtown Toronto as the suburbs, a classification even the most-myopic downtown dweller would be hard-pressed to defend.<\/p>\n<p>The ads also make for good local trivia. From one, Nikles learned that the Pocket, a \u201ctrendy\u201d east-end community at Danforth and Jones was once called East Mount Park. \u201cI thought people in the Pocket would find it amusing,\u201d says Nikles.<\/p>\n<p>Check out some other pages from Nikles&#8217; dusty broadsheet below.<\/p>\n<p><a href=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2017\/06\/south-parkdale.jpg\" rel=\"lightbox[168217]\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-168223\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2017\/06\/south-parkdale.jpg\" alt=\"\" width=\"450\" height=\"600\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2017\/06\/avenue-road-lot.jpg\" rel=\"lightbox[168217]\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-168225\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2017\/06\/avenue-road-lot.jpg\" alt=\"\" width=\"450\" height=\"600\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2017\/06\/rosedale-of-the-east.jpg\" rel=\"lightbox[168217]\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-168226\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2017\/06\/rosedale-of-the-east-1024x768.jpg\" alt=\"\" width=\"1024\" height=\"768\" \/><\/a><\/p>\n<div id='pressboard-ad-sponsorship-msg'><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A detached home in Leslieville was advertised for $1,850. A four-storey South Parkdale apartment house could be had for $10,000.<\/p>\n","protected":false},"author":23,"featured_media":168219,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","apple_news_api_created_at":"2017-06-28T16:05:25Z","apple_news_api_id":"d28e1911-5859-487e-84a7-31da29aacc4a","apple_news_api_modified_at":"2017-06-28T17:02:03Z","apple_news_api_revision":"AAAAAAAAAAAAAAAAAAAAAA==","apple_news_api_share_url":"https:\/\/apple.news\/A0o4ZEVhZSH6EpzHaKarMSg","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"middle","apple_news_slug":"","apple_news_sections":["https:\/\/u48r14.digitalhub.com\/sections\/09b86915-7d2b-3acd-915b-b215002d01b7"],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[11108],"tags":[11105,11131,3595],"coauthors":[8692],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>These old real estate ads show what Toronto homes cost in 1911 | Livabl<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.livabl.com\/articles\/news\/old-real-estate-ads-show-what-toronto-homes-cost-1911\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"These old real estate ads show what Toronto homes cost in 1911 | Livabl\" \/>\n<meta property=\"og:description\" content=\"A detached home in Leslieville was advertised for $1,850. 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