Real Estate in Toronto What to Look for in T.O.
Buying or selling real estate in Toronto can be more profitable if you know more about the market.
For real estate buyers, Toronto offers every type of housing from ultra-modern high-rise condominiums to detached century homes. Locations are just as varied ranging from waterside homes in The Beach to condos and older homes on the subway line in neighbourhoods such as Davisville Village, Riverdale and High Park.
As a buyer, the decision about where and what to buy is easier if you know exactly what you want and what your circumstances require:
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Are you Single? - You might prefer a home that is closer to one of Toronto’s many entertainment districts, like Yorkville or King West.
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Family - Look for proximity to schools, libraries and children’s programs.
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Where do you Work? - If you work in downtown Toronto, consider downtown neighbourhoods like Summerhill or King East. If you work in the suburbs public transportation or highways will help keep your commute to a minimum.
- What amenities do you need? - For those who enjoy the outdoors Moore Park and Deer Park are in the heart of Toronto’s many beautiful ravines and parks. If you enjoy shopping there are a number of neighbourhoods, such as Riverdale with many vibrant shopping areas.
If you are selling real estate in Toronto, the competitive real estate market means you need to make your home and location as attractive as possible:
- Your Neighbourhood - Learn as much as you can. Is there a residents’ association? Buyers may think more highly of a neighbourhood that has an association to look after their interests.
- The Schools - Check ratings for local schools. Real estate values tend to be higher in neighbourhoods with higher rated schools.
- Public Transportation - As the price of gasoline continues to escalate, easy access to public transportation is an increasingly important selling point.
- Shopping and services - Make note of all the amenities near your home.
Whether you are buying or selling real estate in Toronto, consulting an expert can help you get the right home and the best deal. Claire Gordon represents Toronto and its neighbourhoods. Contact Claire and arrange for a free consultation to discuss your real estate needs.