Toronto has a number of hot neighbourhoods
These hot areas tend to hold up value even in a slumped market, and will rise higher still when prices resume to climb.
Here are six neighbourhoods you might want to consider:
Republic of Rathnelly
( west of Avenue Road and north of Dupont)
The rolling and curvy streets of Rathnelly Avenue, Poplar Plains Crescent, Cottingham Street and McMaster Avenue make up the counter-culture republic, which was founded on July 1, 1967. On a lark, a band of residents declared independence from the rest of Canada after helping to successfully stave off the Spadina Expressway. They still mark the anniversary with a street party.
(North of the 401 between Yonge St and Bathurst)
Close to the highway and public transportation this community has seen many bungalows torn down and replaced with newly built homes.
(Dufferin St and Bloor St West)
Dufferin Grove Park and the nearby Dufferin Mall had a pretty nefarious reputation in decades past but they’ve long since undergone remarkable transformations. But even while the park was the site of sketchy activity and the mall was rather tattered, the imposing Victorian and Edwardian houses to the east tended to attract upstanding urbanites who liked the lovely, leafy streets and the proximity to College Street.
(Queen St and Carlaw)
Home to vintage coffee shops and a strong local community, Leslieville is very highly desired. Boston Avenue, Brooklyn Avenue, Bertmount Avenue and Coady Avenue are in demand.
(Avenue Road and Eglnton)
Allenby Junior Public School is a big draw here. According to the Toronto District School Board, the documented history of this slice of Toronto dates back to the 1400s when a tribe of Huron Iroquois settled in a longhouse village. The school is popular for its French Immersion program for kids in Grades 3 through 6.
(atop the Scarbourough Bluffs)
A niche area within the nieghbourhood of Birch Cliff, Fallingbrook is home to curving streets.
The houses lining the promontory above Lake Ontario range from gracious 100-year-old mansions to renovated mid-century dwellings and newly built architectural wonders. Houses on streets such as Courcelette, Blantyre and any of the Fallingbrooks are highly sought-after.
The neighbourhoods listed above are by no means the only exclusive hot areas in Toronto, they are just some of the less known areas. Other hot places to live: Annex, Beaches, Bloor West Village, Distillery District, High Park, Liberty Village, Roncesvalles Village, Rosedale, just to name a few.
The content provided is for information purposes only and is neither intended to be relied upon nor to be a substitute for professional real estate advice.