Top neighbourhoods in GTA’s core 2018
Why real estate agents keep touting Mimico for value
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Why real estate agents keep touting Mimico for value
This Scarborough neighbourhood is a steal compared to the rest of the city. It’s bordered by a river, the lake and parks on three sides, including the eastern end of the Scarborough Bluffs.
This is an area in transition, with new condo and townhouse developments starting to heat up prices, said Toronto-based RE/MAX realtor Eily Liang Bartfai. Residents benefit from proximity to Yorkdale Mall and the new York University subway.
This neighbourhood east of the Don Valley Parkway is another good place to look for bargains, particularly for people priced out of the Danforth, Liang-Bartfai said. The Eglinton LRT, slated for completion in 2021, will make it more transit-accessible.
With its large lots, attractive prices and easy access to four major highways, this Etobicoke neighbourhood was the top choice in the City of Toronto among realtors we surveyed. But RE/MAX realtor Nadia Childs said buyers should act fast. “The margins are starting to get tighter and tighter,” she said. “It’s harder to get in for a better price.”
Rank | Neighbourhood | Area | Average home price (2017) | Value | Momentum | Realtor Grade | Average price vs. area | Avg. price vs. metro district | Avg. price vs. outer region | 1-year price change | 3-year price change | 5-year price change |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | West Hill | City of Toronto | $673,574 | 94.49 | 70.86 | ★★★ | 81.42% | 56.61% | 54.20% | 18.09% | 59.88% | 83.94% |
2 | Westminster-Branson | City of Toronto | $1,250,070 | 61.40 | 92.59 | ★★★½ | 81.50% | 105.05% | 100.59% | 27.08% | 72.23% | 103.28% |
3 | Victoria Village | City of Toronto | $1,112,844 | 69.49 | 91.66 | ★★★ | 77.56% | 93.52% | 89.55% | 30.12% | 64.22% | 112.14% |
4 | Woodbine-Lumsden | City of Toronto | $865,237 | 79.04 | 74.79 | ★★★½ | 85.31% | 72.71% | 69.62% | 17.65% | 58.66% | 88.96% |
5 | Little Portugal | City of Toronto | $1,187,671 | 60.66 | 80.37 | ★★★½ | 88.04% | 99.81% | 95.57% | 19.43% | 54.50% | 96.51% |
6 | Oakridge | City of Toronto | $735,915 | 81.62 | 80.42 | ★★★ | 91.07% | 61.84% | 59.22% | 15.81% | 63.34% | 101.41% |
7 | Niagara | City of Toronto | $1,266,333 | 48.16 | 83.48 | ★★★★ | 93.87% | 106.42% | 101.90% | 44.26% | 51.60% | 98.56% |
8 | Mount Dennis | City of Toronto | $624,514 | 98.90 | 61.12 | ★★½ | 69.07% | 52.48% | 50.25% | 12.18% | 57.74% | 84.63% |
9 | Scarborough Rouge | City of Toronto | $889,021 | 49.63 | 87.58 | ★★★½ | 107.46% | 74.71% | 71.54% | 19.76% | 70.13% | 95.63% |
10 | Englemount-Lawrence | City of Toronto | $1,609,363 | 54.41 | 80.10 | ★★★½ | 80.74% | 135.25% | 129.50% | 13.34% | 66.29% | 116.93% |
11 | Bathurst Manor | City of Toronto | $1,403,653 | 43.01 | 89.61 | ★★★½ | 96.23% | 117.96% | 112.95% | 27.54% | 66.47% | 96.67% |
12 | Don Valley Village | City of Toronto | $1,401,283 | 41.91 | 94.63 | ★★★½ | 96.63% | 117.76% | 112.75% | 28.27% | 74.46% | 116.46% |
13 | Humewood-Cedarvale | City of Toronto | $1,426,021 | 58.82 | 78.72 | ★★★½ | 79.94% | 119.84% | 114.74% | 17.70% | 56.54% | 96.43% |
14 | Weston | City of Toronto | $725,647 | 91.54 | 62.69 | ★★½ | 80.25% | 60.98% | 58.39% | 17.35% | 56.42% | 81.37% |
15 | Agincourt North | City of Toronto | $861,359 | 64.34 | 77.02 | ★★★ | 97.50% | 72.39% | 69.31% | 19.30% | 53.97% | 92.92% |
16 | Oakwood-Vaughan | City of Toronto | $850,928 | 87.50 | 48.25 | ★★★ | 47.70% | 71.51% | 68.47% | 14.96% | 48.09% | 78.05% |
17 | Malvern | City of Toronto | $633,293 | 85.66 | 85.58 | ★★ | 92.64% | 53.22% | 50.96% | 18.88% | 63.63% | 103.04% |
18 | East End-Danforth | City of Toronto | $964,283 | 70.22 | 59.80 | ★★★½ | 88.09% | 81.04% | 77.59% | 20.77% | 56.59% | 74.43% |
19 | Newtonbrook West | City of Toronto | $1,327,517 | 56.62 | 67.25 | ★★★½ | 86.55% | 111.56% | 106.82% | 19.60% | 66.84% | 76.83% |
20 | Hillcrest Village | City of Toronto | $1,190,315 | 63.60 | 64.71 | ★★★½ | 82.09% | 100.03% | 95.78% | 10.41% | 57.86% | 90.67% |
21 | St. Andrew-Windfields | City of Toronto | $3,453,102 | 47.43 | 76.40 | ★★★½ | 80.49% | 290.19% | 277.85% | 11.27% | 82.48% | 99.76% |
22 | Kennedy Park | City of Toronto | $703,674 | 81.62 | 57.95 | ★★★ | 93.05% | 59.14% | 56.62% | 15.06% | 47.52% | 85.91% |
23 | Greenwood-Coxwell | City of Toronto | $911,788 | 79.04 | 40.51 | ★★★½ | 81.36% | 76.62% | 73.37% | 11.69% | 45.39% | 79.60% |
24 | New Toronto | City of Toronto | $949,313 | 51.10 | 73.17 | ★★★½ | 100.53% | 79.78% | 76.39% | 28.35% | 78.42% | 78.59% |
25 | Briar Hill-Belgravia | City of Toronto | $890,696 | 59.19 | 77.23 | ★★★ | 98.50% | 74.85% | 71.67% | 17.72% | 55.66% | 95.31% |
These are our picks for the best neighbourhoods to buy real estate in Toronto’s core, but if you’d rather live farther from the hustle and bustle of downtown, we have more suggestions. We ranked the best neighbourhoods in three regions — core, inner suburbs and outer. The core is the city’s urban centre, with accessible transit and easy access to amenities. The inner suburbs are for people who don’t mind trading a longer commute for better parking and a bigger lot size. And the outer region is for buyers who either don’t need to commute downtown at all, or are willing to log some serious travel time in exchange for affordable prices and wide open spaces. Check out the map below to see how the regions break down.
Core | Inner Suburbs | Outer Suburbs |
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