Certainly you’ve heard the saying “location, location, location”. Indeed, this is a realtor’s mantra, but it is so for a reason. Homes can be renovated or adjusted to fit your needs. The neighbourhood can’t. So, here are some things to keep in mind when buying real estate in Toronto:
- Proximity to transit.
Transit is incredibly high on the priority list for most buyers. Nobody wants a long or difficult commute.
- Excellent amenities.
Shopping, entertainment, restaurants, community centres, places of worship, and the amenities to make life easier and more enjoyable. In fact, look for recognizable brands, such as Starbucks (yes, Starbucks… they invest a lot of money in real estate, and do their research!).
- Good school district.
Parents will agree with this… a good school makes all the difference for your children’s success. This is often reflected in the value of homes within the school’s district.
A good sign of stability is construction. If new residential projects are in the works, that’s a good sign that the area is financially stable. Another good sign is actually “for sale” signs… specifically ones that sport the “sold” sign shortly after going up.
Having said all that, up-and-coming neighbourhoods may not necessarily be obvious at first glance. This is where an experienced realtor comes in. We know what’s hot, and what’s not in Toronto real estate. Buying in locations that are just beginning to boom, may allow you to get the most bang for your buck, and a great return on investment.
Interested in buying real estate in Toronto & the GTA, or perhaps investing in Toronto real estate? First time home buyer? Moving to Toronto? Are you part of a Toronto relocation with your employer? Our real estate sister company – MAC Real Estate Services Inc., Brokerage – can help you with all steps of the process, from finding a new home, temporary accommodations in the meantime, destination services, settling in services, move management, and so much more. So many steps of the move can be handled in advance, so when you arrive we can get you settled much faster. When moving to Toronto, we can help with all aspects of the relocation.
We’d love to hear from you, so call us today to book your complimentary private consultation.
Once you are all settled into your new home, let us help you with a relaxing Caribbean get-away with a private luxury villa rental in St Martin/ St Maarten, St Barth’s or Anguilla. Caribbean villa rentals are a cost-effective way to travel. Ask us how!