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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 73% of sales, followed by semi-detached houses at 17% and detached houses at 6%. Condo apartments are the most common style and the majority of properties have 1 bedroom. The average price in Rathnelly over the past 12 months is $1,017,808, an increase of 6% over the same period last year. The average condo price over the past 12 months is $671,002 as compared to the average freehold price of $2,462,833 over the same period.