May 6, 2022 | Buying

Best Investment Neighbourhoods In Toronto

What are the Best Investment Neighbourhoods in Toronto 2022?

Homes have always been, first and foremost, a lifestyle decision. A home where family and friends can meet and enjoy life. An interesting shift has happened with the advent of Home and Garden Television social platforms and other media focusing on home improvements and money-making. Another significant impact for the investment upside and massive increase in the value of homes in Toronto can be traced back to the financial crisis back of 2008-09. The financial crisis spurred lower lending rates – in other words, the residential mortgage became much cheaper. With cheaper mortgage rates came more significant investment into homes.

Now that many home buyers and owners see their homes as a lifestyle decision and an investment, we have a few key neighbourhoods to focus on. Because lifestyle is essential for our clients, we do not list the “cheapest” areas of Toronto. We chose to consider the best value investment with excellent upside potential – listing the long, reliable, and up-and-coming neighbourhoods. We want our clients to enjoy their homes and community for years to come while also riding the wave of capital appreciation.

The Tried, Tested & True Investment Neighbourhoods:

Davisville

Davisville is certainly a substantiated neighbourhood, long-held as a wealthier starter home neighbourhood. That being said, the values can be excellent based on the size of homes and lots. Considering the lots are narrower, and many semi-detached houses, there is a lower price point. A significant upside that clients enjoy in Davisville is that they know they can walk in any direction for 30 minutes and feel completely safe. Merton Street and Yonge Street condos continue to come to the market and offer excellent value and accessibility.

Click here to learn more about the Davisville neighbourhood!

Leslieville & Riverdale

If you have been following our best investment neighbourhood guides over the years, you would have seen both of these neighbouring areas of Leslieville and Riverdale before. Why are we raising these two again? Simple fact: the growth remains enormous. Supply is not keeping up with the demand. Keep a close on the easter portion of Leslieville and nearing Gerrard East (dare we say the often forgotten street of Toronto?). Another significant influence is the number of condo developments being built to service the influx of interested buyers. Lots of value increase ahead; expect a long runway!

➤ Learn more about these neighbourhoods by reading:

Moore Park

Before you say something along the lines of “isn’t that a very wealthy area of Toronto,” we agree. Here is the thing: Moore Park is wealthy, being that it is often considered North Rosedale – Moore Park is undervalued compared to Rosedale, Forrest Hill, Lytton Park and Lawrence Park. Why? Good question! The housing is superb, and the lots are spacious. The access to the Ravines is perfect. It may be that Moore Park is a car-centric neighbourhood, with few to no shops within walking distance. If you have the money and want to see a significant upswing in value in the years to come, we suggest purchasing in Moore Park!


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Up & Coming Investment Neighbourhoods in Toronto:

Corktown & Riverside

Two of the faster-moving and up-and-coming investment neighbourhoods are Corktown and Riverside. We put these two together as they abut one another. The arrival of condo developments has brought a wave of new residents, dramatically improving both neighbourhoods in terms of livability. There are great shops and restaurants as well. Many families are choosing the ease of lifestyle here. Also, keep an eye out as planned neighbourhoods are coming in the not too distant future. Tremendous growth lies ahead for those looking for wise investments.

➤ Learn more about the Corktown area in our Neighbourhood Guide.

The Junction & Stockyards

Another case of putting two areas together. The Junction has been well on its way to the status of a solidified neighbourhood in Toronto. More condos are being built, and other ease of public transit has brought this area into the real estate relevancy fold. As for the Stockyards, this has been the alternative to many first-time buyers’ other option, to move to the suburbs. Buyers get the upside of being in the city with excellent amenities just south, in the Junction.

Keep this in mind, where condos are being built, there are great investment opportunities in these condos and the surrounding neighbourhoods as further gentrification will happen.


➤ For more information on investing in the Toronto real estate market check out:


This was by no means an exhaustive list of great investment neighbourhoods in Toronto, but it’s a start. We choose to look at neighbourhoods in ways that are not necessarily common. We find that our clients like an outstanding balance of lifestyle, neighbourhood enjoyability and the upside of financial gains over time.

 

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