Condos have become more valuable in more Toronto areas, according to a new study
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Toronto is still one of Canada’s most desired real estate destinations, but if the results of the latest study conducted by real estate information portal Zoocasa are any indication, it’s that some of the city’s sections are more preferably situated compared to other areas.
Using data on monthly dollar volume (for individual property types) from the Toronto Real Estate Board, Zoocasa compared the desirability of Toronto’s most popular districts and neighborhoods. Zoocase took into account only the neighborhoods with at least 10 transactions involving the mentioned property types.
Read more: GTA’s new home buyers now pay much more for their purchases
Condos (apartments and townhouses)
Neighborhoods where the condo segment has grown 25% or more since last year:
- C09 (Rosedale-Moore Park)
- C10 (Mount Pleasant East)
- C12 (Bridle Path, Hoggs Hollow, St. Andrew-Windfields)
- W04 (Yorkdale-Glen Park, Weston)
Neighborhoods where the condo segment has grown 0% to 25 % or more since last year:
- C11 (Flemingdon Park, Thorncliffe Park, Leaside)
- E03 (Danforth Village, O’Connor-Parkview)
- W01 (High Park-Swansea)
- W02 (Junction Area, High Park North)
Houses (detached and semi-detached)
Neighborhoods where the freehold market has grown 25% or more since last year:
- W01 (High Park-Swansea)
Neighborhoods where the freehold segment has grown 0% to 25 % or more since last year:
- W07 (Stonegate-Queensway)
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GTA new homes market had a relatively sedate March
Aerospace giant gets a boost from Toronto’s red-hot market
