Toronto "Proper"

Toronto Central

Toronto Central has a mix of mostly homes that are from 50 to 100 years old. There has been a lot of upgrading on some properties and none on others. The biggest problem is that Purchasers have a tendency to overlook some of the weaknesses in these properties so that they can live in the city proper.

You must decide whether a 60 year old house without any upgrades is worth the price of $350,000 to $400,000. It probably is if it is at Eglinton and Avenue Road or some areas of the Kingsway or Lower Forest Hill. The biggest problem is whether to buy in this kind of environment or go for more house for the dollar a little further from the center of the city. It would be nice to afford a 3000 sq.ft. house in a great downtown neighbourhood but that kind of property is hard to find. There are lots of condominiums in the central part of the city that were built in the mid and late 80's and now there is a bit of a rush to refit some of the empty office space into condos and lofts.

Toronto East

The East end of the City is a little newer. Places at Don Mills or Victoria Park were built in the late 40's or early 50's. The same with the former Scarborough and points further east. There are distinct subdivisions that were built by specific builders during their heyday and an issue may be to pursue one of the better built homes. Danforth and Pape or Queen, has a lot of the older and smaller properties that were not well laid out. Cheapest area is at Queen and Leslie with some properties around Main a close second. Actually, the beaches at Queen and Woodbine was the original cottage country for the City of York a hundred years or so ago. Check out the average prices in the Toronto Real Estate Marketwatch it is linked on the Market Info section from my home page.

Toronto West

This area of the city is similar to the east end, although there are some very important neighbourhoods such as the Kingsway or Islington. Generally, until you get to Islington, the properties are the early 40's caliber with some places being older. There is not quite the same subdivision layouts that you will find in Scarborough (East End). There are some very desirable areas and some areas that seem to have bad reputations. I suggest you check with me or another agent to help you become more informed.

The most important book that I have seen in the past few years that deals with all areas of Toronto is:

Your Guide To Toronto Neighbourhoods by David Dunkelman published by Maple Tree Publishing Inc.

A most informative book on the hundreds of little pockets and neighbourhoods in Toronto.

It also gives you fairly current pricing for houses in almost all of these areas.

I highly recommend it to you if you are not sure of the city.

**New Search ability by Neighbourhood coming in July 2011.

I haven't seen it yet, but it is supposed to be a great new tool for searches.