Which neighbourhoods are the next Leslieville?
Check out the next hot neighbourhoods in the GTA. Our picks are based on my own favorite spots as well as on the March edition of Toronto Life “A Buyer’s Market”.
The area is going through improvements but is not perfect yet. There is a good selection of of homes that can be bought and renovated but also great values on homes that have already been improved.
Homes are accessibily priced in the $400,000’s.
Leslieville has already been through the major gentrification and offers amazing shopping and restaurants while the Beach is an established family community.
But there is a little pocket in between the two that is a little rough and has amazing potential for buyers who want the best of both worlds but are willing to let the neighbourhood come up around them.
Detached homes with improvements can be snapped up in the $500,000 and semi’s can be had for $350,000-$400,000.
Again, it has all the markings of great potential – amazing lot sizes, a wide variety of homes (from cute bungalows and homes that need improvement to stunningly renovated homes with inground pools near the water) and you’re still a decent commute to downtown or the business parks north of the 401.
The strip along Kingston road is slowly but surely starting to improve and a lot of ‘bluffers’ have great shopping and restaurants just minutes away in prime or upper Beach as well as the ‘big box’ standards at Danforth and Victoria Park.
Prices are all over the map depending on what you are looking for but the value and the potential is definitely there.
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