Credit: Gabriella Clare Marino via Unsplash
Our city’s neighbourhoods are some of the most diverse in the world. Buyers come from all over Canada and internationally to plant roots everywhere from North York to Liberty Village and all the neighbourhoods in between.
One of the areas in the city that stands out is Midtown. Many see Midtown as the ideal Toronto neighbourhood since it’s close enough to the downtown core to enjoy the variety of shops and nightlife but far enough away that buyers can experience a more family-friendly atmosphere.
Realtors have noticed a demand for homes and condos in the area, and it’s not surprising why. Let’s take a look at the reasons why buyers are more excited than ever about Toronto’s Midtown neighbourhood.
Location, Location
Real estate agents and experts know how important location is, whether their clients are buying or selling. Midtown Toronto is no different. The neighbourhood is conveniently located in the centre of the city, between Lawrence Avenue West, Ossington Avenue, Bloor West, and Bayview Avenue.
The proximity of this area means potential buyers are close enough to downtown but far enough away to enjoy the quieter pockets of the city. Plus, it’s accessible with public transit, so buyers don’t have to stress over buying and maintaining a car in the city.
Home Values
The property values of a particular neighbourhood are one of the biggest considerations buyers will have to take into account. The centre of Midtown, developed around the late 1800s, still showcases many of the city’s older, grander homes which have increased multiple times in value in recent years.
When buyers ask for advice from Adam Weiner + Associates real estate agents in Toronto, they’re often encouraged to invest in neighbourhoods whose property values show consistent growth, which Midtown has proven it offers.
Plus, in addition to Midtown’s homes, condos have become a source of housing for many families and working professionals — since they offer a most cost-conscious housing option with a similar uptick in value.
Nearby Attractions
One of the best things about buying a home is exploring the attractions and amenities in your area. Every corner of Midtown has a list of places for new homeowners to check out all season long. For history buffs, Casa Loma is Canada’s largest medieval castle and features sprawling grounds and several themed events throughout the year. The Spadina Museum features a historic house and gardens and offers visitors a peek into the city from 1900 to 1930.
For anyone who loves to shop and eat, Yorkville is famous for its trendy boutiques and restaurants and is a great area to explore on weekends. Or you can visit areas like Koreatown for handmade goods.Moving is a time-consuming process, so when you’re settling into your new home or condo, you should be able to enjoy your new neighbourhood. The next time you have a meeting with your realtor, ask them about Midtown Toronto and see if it fits your lifestyle.
