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Rathnelly, Toronto is a central Toronto neighbourhood known for a high number of cyclists, people who walk to work, arts / culture / recreation / sports and management workers, and university grads. It is a diverse neighbourhood notable for a high number of Creoles, Dutch, Czech, German, and Hungarian speakers.
Rathnelly largely features condos, accounting for 71% of sales, followed by detached houses at 11% and semi-detached houses and condo townhouses at 7% each. Lofts are the most common style and the majority of properties have 2 bedrooms. The average price in Rathnelly over the past 12 months is $889,816, an increase of 7% over the same period last year. The average condo price over the past 12 months is $630,343 as compared to the average freehold price of $1,898,878 over the same period.