MDMoh DianMohammad Hassan Mohammadian · Realtor®
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Windermere By The Lake Terrace stacked townhomes at 9 Windermere Avenue

High Park-Swansea building intelligence · September 2026

Windermere Terrace: only two 2025 sales. Pair-level evidence matters more than one complex-wide percentage.

I rebuilt the REALM cohort with exact numeric street-number filters after catching a fuzzy-address error that had pulled 1195 The Queensway into the preserved search. The final evidence set contains only 9 Windermere Avenue and 93/95 The Queensway, and all eight broker full sheets were re-opened.

2 sales in 20256 in 2026TSCC 1751

An apartment tower and a stacked terrace are not the same ownership product

How should you price a Windermere Terrace condo when only two units sold in the old period?

Imagine a buyer evaluating a three-storey condo townhouse at 9 Windermere and an owner at 93 The Queensway researching comparable sales. The matched 2025 window had only two sales, both at 9 Windermere; in 2026, six units sold across 9 Windermere and 93–95 The Queensway. That makes the raw complex median about 4.8% lower but highly mix-sensitive. The best repeat is a two-bedroom three-storey pair at 9 Windermere with exact finished area almost equal. These are illustrative buyers and sellers, not a current price quote.

For a townhouse-style buyer

Compare stairs, outdoor space and the actual legal corporation.

The closest historical pair consisted of 1,064 ft² and 1,058 ft² three-storey two-bedroom condos at 9 Windermere, with total sold price about 5.7% lower in the later sale. One sale on each side cannot set a 2026 value for all Terrace units.

Next check: Walk the stairs and living spaces, confirm patio, parking and actual fee inclusions, and check TSCC 1751 status documents. Avoid substituting nearby 15 Windermere tower comparables.

Review the condo purchase and legal checks →
For a Terrace owner planning a sale

One smaller one-bedroom creates a misleadingly large price difference.

The thin same-address one-bedroom pair moved much more in total price, but exact area in the later unit was about 11% smaller. It cannot be used as a clean repeat. The 2026 six-sale sample also mixes 9 Windermere with 93 and 95 The Queensway.

Next check: Start with same-address, same-storey and same-size completed townhomes. Adjust floor plan, outdoor space, condition and parking, then calculate realistic sale expenses.

Choose a practical selling strategy →

Three ways to avoid a false annual price rate

  1. Is the unit at 9 Windermere or 93/95 The Queensway, and does TSCC 1751 apply?
  2. Does the comparison match actual size, three-storey configuration, bedroom count, parking and outdoor space?
  3. Am I giving a one-transaction pair its proper limitations rather than treating the 4.8% complex median as a general price trend?

The original 2/6 matched-period completed sales and eight verified broker sheets remain preserved. Source-address corrections excluded 1195 The Queensway. The clean two-bedroom repeat is one sale per year at 9 Windermere, not a transferable market rate for all Terrace addresses.

2026 resale snapshot

Six verified sales across three Terrace addresses.

Turnover broadened materially in 2026: four sales at 9 Windermere, one at 93 The Queensway and one at 95 The Queensway. That mix shift is the main reason I do not treat the raw median as a building-wide appreciation or depreciation rate.

6Verified 2026 sales
$582.5KRaw 2026 median
25.5 daysMedian DOM
4 / 6Sold within 30 days
100%Exact-area coverage
1751Corporation number

The 2025 side contains only two completed sales, both at 9 Windermere. That is too thin to support one decision-grade annual percentage for the full complex.

The headline versus the evidence

The raw median is down 4.8%. The better evidence lives in two repeated pairs.

$612K → $582.5K

Raw complex median: −4.8%, but 2 sales versus 6.

−5.7%

Clean 2BR / 3-storey repeated-pair sold-price change.

−5.2%

Same 2BR pair on exact-area $/ft².

44 → 25.5 days

Raw median DOM, also based on very different turnover.

The strict two-bedroom pair is the most physically comparable year-over-year evidence because both units are at 9 Windermere, both are 3-storey products, and exact finished area is 1,064 versus 1,058 sq. ft.

Cleanest repeated pair

2BR / 3-storey / 1,000-1,199 sq. ft. at 9 Windermere.

This is the comparison I would weight most heavily before moving to more distant or structurally different townhouse product.

$769K2025 sold price · MLS W12201564
$725K2026 sold price · MLS W13538614
1,0642025 exact reported ft²
1,0582026 exact reported ft²
$723 → $685Approx. sold / exact ft²
76 → 30Days on market

Sold price is about 5.7% lower and exact-area pricing about 5.2% lower. It is still only one transaction per year, so it is a pair-level signal, not a universal TSCC 1751 rate.

Small one-bedroom pair

The decline is much larger—but the physical match is weaker.

The same-address 1BR stacked-townhouse pair is useful context, but exact area changes materially and both sides contain only one sale.

$455K → $319KSold price · about −29.9%
440 → 392Exact reported ft²
$1,034 → $814Approx. sold / exact ft²
−21.3%Exact-area $/ft² change
12 → 16Days on market
1 + 1One sale per year

Because the 2026 unit is about 11% smaller by exact reported area, the raw 29.9% price drop overstates the like-for-like gap. Even the exact-area result remains a one-pair observation.

Why the complex median is fragile

2026 turnover expanded across addresses, styles and sizes.

The 2025 public cohort contains only one small 1BR stacked unit and one larger 2BR 3-storey unit at 9 Windermere. In 2026, the sample adds another small 1BR, a 1BR at 95 The Queensway, a 2BR at 93 The Queensway and a larger 1,200-1,399 sq. ft. 2BR at 9 Windermere.

1BR · 0-499 sq ft$455K → $324.5K
Sales
1 → 2
Broader cell change
−28.7%
Use
Context only
2BR · 1000-1199 sq ft$769K → $737.5K
Sales
1 → 2
Broader cell change
−4.1%
Use
Context only
Address spread9 only → 9 + 93 + 95
2025
2 sales
2026
6 sales
Implication
Mix changed

Those broader cells combine different townhouse forms and addresses. They are useful for orientation, but the strict same-address/style pair is the better valuation evidence.

Complex identity

Windermere By The Lake Terrace is TSCC 1751—not the 15 Windermere tower.

Public building references describe the low-rise complex at 9 Windermere Avenue and 93-95 The Queensway as TSCC 1751, completed in 2006 with 104 units. Every one of the eight verified broker sheets contains corporation number 1751, although the raw prefix varies between TSCC, TSCP and TCP.

1751TSCC
2006Public-reference completion
104Public-reference units
3Low-rise storeys

15 Windermere Avenue is a different corporation, TSCC 1844, and is analyzed separately. The tower should not be mixed into the Terrace comp set simply because both use Windermere branding.

Verified Terrace photography

Brick-and-stone stacked townhouse product across 9, 93 and 95.

These images are from verified 2026 Terrace sales. They show the low-rise product and one representative interior; source brokerage watermarks are preserved.

Windermere Terrace at 9 Windermere Avenue
9 Windermere Avenue
Windermere Terrace at 93 The Queensway
93 The Queensway
Windermere Terrace at 95 The Queensway
95 The Queensway
Representative interior from a verified Windermere Terrace sale
Representative verified interior

REALM listing photography from MLS® W13597152, W13059464, W13572542 and W12778902; source brokerage watermarks preserved.

Windermere Terrace streetscape near The Queensway

High Park-Swansea context

Close to 15 Windermere and NXT, but a different product.

The Terrace complex is low-rise condo-townhouse product. For valuation I would keep TSCC 1751 separate from 15 Windermere / TSCC 1844 and NXT / TSCC 2143-2319, then widen only when exact townhouse form, area and exposure are accounted for.

Methodology

How the Terrace cohort was corrected and verified.

1. Exact-address rebuild. A preserved fuzzy-address search for 95 The Queensway incorrectly returned 1195 The Queensway. That cohort was rejected before analysis.

2. Numeric street controls. The final search uses exact numeric street numbers 9, 93 and 95 plus the corresponding street names, followed by a hard check of every returned street number.

3. Matched windows. January 1-September 20 is used for both 2025 and 2026.

4. Full-sheet verification. All 8 exact-address sales were re-opened in REALM before the evidence lock. Every sheet has usable exact finished area and corporation number 1751.

5. Pair-first interpretation. Because 2025 contains only two sales, I do not calculate a modelled building-wide matched rate. Instead, strict same-address + bedroom + reported-size + style pairs are shown directly.

Sources & verification

Transaction evidence first; public sources for complex identity.

FAQ

Questions buyers and owners ask about Windermere Terrace.

What sold at Windermere By The Lake Terrace in 2026?

From January 1 through September 20, 2026, I verified six completed condo-townhouse sales across 9 Windermere Avenue and 93-95 The Queensway. Four were at 9 Windermere, one at 93 The Queensway and one at 95 The Queensway.

Did Windermere Terrace prices fall in 2026?

The raw complex median moved from $612,000 across only two 2025 sales to $582,500 across six 2026 sales, about 4.8% lower. That is not a reliable building-wide annual rate because the 2025 sample is extremely small and 2026 turnover expanded across three addresses and several product types.

What is the cleanest year-over-year comparison?

The cleanest repeated pair is a 2-bedroom, 3-storey townhouse at 9 Windermere in the 1,000-1,199 sq. ft. band. It sold for $769,000 in 2025 and $725,000 in 2026, about 5.7% lower. Exact finished area was 1,064 versus 1,058 sq. ft., putting the exact-area price-per-square-foot change at about 5.2% lower.

What about the smaller one-bedroom units?

A same-address 1-bedroom stacked-townhouse pair at 9 Windermere moved from $455,000 to $319,000, about 29.9% lower. But exact finished area also changed from 440 to 392 sq. ft., and there is only one sale per year, so it should be treated as a thin pair rather than a building-wide rate.

What is the condo corporation?

Public building references identify Windermere By The Lake Terrace at 9 Windermere Avenue and 93-95 The Queensway as TSCC 1751, a low-rise stacked-townhouse complex completed in 2006 with 104 units.

Did every Windermere Terrace condo lose 4.8% in 2026?

No. The historical raw complex median was about 4.8% lower, but there were only two 2025 sales at 9 Windermere and six 2026 sales spread across 9, 93 and 95 The Queensway. A cleaner two-bedroom three-storey pair with almost identical area showed a different, still very thin comparison. Evaluate a specific Terrace condo using same-address and similar-layout sales, condition, parking, fees and current status documents.

Unit-level Terrace analysis

Comparing a townhouse at 9 Windermere or 93/95 The Queensway?

Send me the listing or unit number. I can narrow the evidence by exact townhouse style, finished area, bedrooms, parking, exposure, condition and current TSCC 1751 documents rather than applying one complex average.

Provide at least one way to reach you.

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