Where to buy real estate in 2020: Simcoe Region, Ont.

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Rank	Area	Province	Neighbourhood	Area average price 2019	Value	Momentum	Average price vs. area	Average price vs. metro district	Average price vs. greater city area	1-Year price change	5-Year price change	Final star rating
1	New Tecumseth	ON	Tottenham	$597,207	64.44	97.92	148.4%	149.5%	69.9%	43.9%	100.0%	★★★★★
2	New Tecumseth	ON	Beeton	$597,207	65.27	98.28	150.6%	151.7%	70.9%	60.2%	98.7%	★★★★★
3	New Tecumseth	ON	Alliston	$597,207	41.57	88.88	102.9%	103.6%	48.5%	19.6%	93.6%	★★★★
4	Innisfil	ON	Cookstown	$389,313	59.67	70.10	175.7%	115.3%	53.9%	14.2%	91.0%	★★★
5	Innisfil	ON	Churchill	$389,313	60.66	63.01	180.5%	118.5%	55.4%	12.2%	53.1%	★★★
6	Essa	ON	Angus	$323,214	36.26	64.14	146.7%	79.9%	37.4%	6.7%	69.2%	★★★★
7	Innisfil	ON	Stroud	$389,313	35.49	73.20	132.6%	87.1%	40.7%	16.1%	94.4%	★★★★
8	Innisfil	ON	Rural Innisfil	$389,313	69.10	78.45	240.6%	158.0%	73.8%	32.5%	82.3%	★★
9	Essa	ON	Rural Essa	$323,214	63.96	49.58	235.5%	128.4%	60.0%	4.7%	51.3%	★★
10	Essa	ON	Thornton	$323,214	58.57	20.39	200.5%	109.3%	51.1%	-18.3%	16.7%	★★★★★
11	Adjala-Tosorontio	ON	Loretto	$670,341	55.52	45.77	117.9%	133.3%	62.3%	0	86.9%	★★
12	Innisfil	ON	Gilford	$389,313	53.85	23.26	149.5%	98.2%	45.9%	-9.1%	17.7%	★★★★
13	Adjala-Tosorontio	ON	Lisle	$670,341	15.00	61.13	81.1%	91.6%	42.8%	-0.2%	57.7%	★★★★
14	Bradford West Gwillimbury	ON	Rural Bradford West Gwillimbury	$428,460	66.90	48.45	206.0%	148.9%	69.6%	0.8%	76.4%	★★
15	Innisfil	ON	Alcona	$389,313	31.02	17.86	121.1%	79.5%	37.2%	-14.6%	21.0%	★★★★★
16	Adjala-Tosorontio	ON	Rural Adjala-Tosorontio	$670,341	57.71	32.46	123.0%	139.0%	65.0%	-14.2%	34.1%	★★
17	Adjala-Tosorontio	ON	Everett	$670,341	29.54	38.21	84.8%	95.9%	44.8%	-5.6%	53.6%	★★★
18	Bradford West Gwillimbury	ON	Bradford	$428,460	57.22	47.55	152.7%	110.3%	51.6%	0.2%	46.4%	★★
19	New Tecumseth	ON	Rural New Tecumseth	$597,207	41.06	12.59	102.4%	103.1%	48.2%	-22.7%	17.2%	★★
20	Bradford West Gwillimbury	ON	Bond Head	$428,460	37.61	7.41	131.9%	95.3%	44.6%	0	27.9%	★★
21	Adjala-Tosorontio	ON	Glencairn	$670,341	10.55	6.85	71.8%	81.2%	38.0%	0	0.0%	★★★★
22	Adjala-Tosorontio	ON	Adjala-Tosorontio - Unknown	$670,341	(22.35)	0	0.0%	0.0%	0.0%	0	0.0%	★★★★
23	Innisfil	ON	Lefroy	$389,313	(1.63)	5.36	62.4%	40.9%	19.1%	0	9.2%	★★★★
24	Essa	ON	Colwell	$323,214	(22.35)	0	0.0%	0.0%	0.0%	0	0.0%	★★★★
25	Adjala-Tosorontio	ON	Rosemont	$670,341	(22.35)	0.06	0.0%	0.0%	0.0%	0	0.0%	★★★
26	Bradford West Gwillimbury	ON	Bradford West Gwillimbury - Unknown	$428,460	(22.35)	0	0.0%	0.0%	0.0%	0	0.0%	★★★
27	Adjala-Tosorontio	ON	Hockley	$670,341	(22.35)	0.06	0.0%	0.0%	0.0%	0	0.0%	★★★
28	Essa	ON	Baxter	$323,214	(22.35)	0	0.0%	0.0%	0.0%	0	0.0%	★★★
29	Adjala-Tosorontio	ON	Colgan	$670,341	(22.35)	0	0.0%	0.0%	0.0%	0	0.0%	★★

Value: Measures how affordable the neighbourhood is compared to the surrounding area and the region overall
Momentum: Measures how quickly prices are appreciating in this neighbourhood, with an emphasis on long term appreciation

For more, please see our complete methodology

Simcoe’s top three neighbourhoods to buy in 2020:

1. Tottenham, New Tecumseth

Residents of New Tecumseth are no strangers to buyers looking for good value and the potential for future appreciation.

This year, Tottenham claims first place for the Simcoe Region (and No. 2 in our Greater Toronto Area ranking) partly because of the value this community offers—average home prices are 25% cheaper than those in the City of Toronto—but primarily because of how much this community has grown in value. Year-over-year (from 2018 to 2019) housing prices appreciated 44%; in five years average home prices have increased 200%, and it looks as if there’s still room for prices to grow.

Developers are quickly building larger family-sized homes in the Tottenham area in an effort to lure buyers who want homes they can grow into. As of March 2020, one new development was finished with homes up for sale in the market, seven developments were in the pre-construction phase and another six housing developments were already in construction.

Prior to the pandemic and market slowdown, homes typically sold within 18 days in Tottenham.

Average Single-Family Home Price (2019): $886,200

2. Beeton, New Tecumseth

The No. 2 spot in the Simcoe Region (and the No. 5 spot in the Overall Ranking) goes to the community of Beeton. Located about halfway between Barrie and Markham, and a 30-minute drive west of Newmarket, this community gives buyers a chance to live in a close-knit community that supports local business, while offering easy access to major job centres.

One of the big draws in this community is the local businesses. For instance, k2 Milling is a wholesale, artisanal flour mill. Apparently, its “Ontario focus” is due, in part, to the desire to continue the Hayhoe family’s 126-year legacy, and, in part, because of its commitment to organic, daily milled flour.

Another draw is the money being invested in the area, through local land developers. One development that may help increase both the neighbourhood’s population and surrounding property values is the Beeton Station Condo development. Originally, the developer wanted to build two, four-storey buildings on 2.18-hectares of vacant land, located on the west side of Dayfoot Street, south of Danielle Gate. The proposed development would add 87 condo units as well as a two-storey clubhouse and a 200-space underground garage. After opposition from neighbours, the builder eventually agreed to offer an easement, and pathway, for local residents to access public trails, as well as setting aside a portion of the property so that the city may rebuild the Beeton train station at some point in the future.

Prior to the pandemic and market slowdown, homes typically sold within 10 days in Beeton, New Tecumseth.

Average Single-Family Home Price (2019): $899,247

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3. Alliston, New Tecumseth

Two years ago, Alliston in New Tecumseth took the No. 16 spot. Last year, the community jumped to the No. 3 spot in our Simcoe ranking—and this year it held onto that prime third-place spot.

Once again, a significant reason why this community does so well in our rankings is the value it offers. Average home prices in Alliston are more than half the average price of a Greater Toronto Area (GTA) home, making it an attractive neighbourhood to consider for first-time buyers or those who want an affordable single-family home within the GTA. But it’s not just value that keeps it ranking so high on our list. In 10 years, average house prices for this community have grown by 154%. While this may not be as dramatic as the price growth experienced by Beeton or Tottenham, where the 10-year house price appreciation was 247% and 237%, respectively, it’s twice the average price appreciation experienced by the Simcoe Region (which sits at just above 75%).

Last year, we warned would-be buyers of the potential danger, should the region’s major employer, Honda, experience strong headwinds and either cut their workforce or close shop entirely. While the car manufacturer did announce in mid-March that it would shut down all North American manufacturers, due to the COVID-19 outbreak, it has not laid-off employees. At the present time, all employees will receive full pay while operations are shut. The fear, of course, is that things will not turn around quickly and will force larger companies, like Honda, to take more drastic measures. For Alliston residents, this would be unfortunate. Even though a large percentage of Alliston residents are employed in the agricultural sector, the closure of the Honda plant would still have a negative impact on the community’s economy and housing sector.

Prior to the pandemic and market slowdown, homes typically sold within 31 days in Alliston, New Tecumseth.

Average Single-Family Home Price (2019): $614,583

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