Toronto’s top neighbourhoods

Comfortable homes for substantially less than seven figures

  3

by

From the April 2015 issue of the magazine.

  3
A modern community centre offers the chance to splash around in No. 5-ranked Cornell, Markham

A modern community centre offers the chance to splash around in No. 5-ranked Cornell, Markham

If you judged Toronto’s housing market based on media headlines you’d think there wasn’t a neighbourhood left that offered good value. You’d be wrong. While certain neighbourhoods—such as Old Oakville, Lambton Baby Point or High Park North—have been priced right out of competition, other neighbourhoods still offer the chance to buy a great place for $500,000 and up.

Topping the list is a little-known area in North York known as Pleasant View. Bordered by Victoria Park Avenue to the east and the Don Valley Parkway to the west, the benchmark price of a Pleasant View home is only a smidge higher than the average Greater Toronto Area benchmark. So rather than pay the average $1.2 million for a home in neighbouring Bayview Village, or $902,000 for a Henry Farm home, families can buy into Pleasant View for $600,000 or so and still get great access to Fairview Mall and Don Mills Station, the last subway stop on the Sheppard Line. But price only tells part of the story. According to Nazir Shivji, a broker with Century 21 Percy Fulton Ltd., the neighbourhood is a hot spot for mainland Chinese buyers and Iranian families. “These ethnic groups are willing to pay a lot more to get into this community.”

Photo galleryTop 25 Toronto neighbourhoods to buy in »

If you want to live closer to downtown and a great school district is important, you might want to consider our No. 2 neighbourhood: East End-Danforth, a community bordered by Coxwell Avenue and Victoria Park Avenue.

Commonly referred to as the “Upper Beaches,” this area boasts good elementary schools and a top-ranking high school (Malvern Collegiate Institute ranks 46 out of 691 schools on Fraser Institute’s list). Yet the benchmark house price is just $592,200, in part because it isn’t viewed as desirable as the more affluent Beaches and Leslieville neighbourhoods nearby. While its lack of trendy commercial spaces can be a deterrent for some buyers, the area is changing fast says Diane Tobia, realtor with RE/MAX Hallmark Realty Ltd. There’s a Starbucks now, although the real community hotspot is the cozy Fade In Cafe located beside the Main Street library.

For excellent access to the downtown core consider our No. 3 neighbourhood, Regent Park. The area’s century-old worker homes aren’t as majestic as the old Victorians found in nearby Cabbagetown, but the neighbourhood has come a long way from its former days as a respite for the down-and-out. These days, Regent Park offers the urban professional a short 15-minute walk to both the subway and downtown Toronto’s iconic Eaton Centre.

If you’re looking for a good school zone option however, check out our No. 4 neighbourhood Hillcrest. The Arbor Glen Public School ranks No. 1 out of 3,030 schools on the Fraser Institute’s school list, while Hillmount Public School, another neighbourhood elementary school, ranks No. 18.


Rank Rank Neighbourhood (Area) Neighbourhood (Area) Average price Average price Average price vs. area Neighbourhood price vs. metro district Neighbourhood price vs. greater city area Value grade Value grade 1-year price appreciation 5-year price appreciation Momentum grade Momentum grade Realtor grade Realtor grade
1 1 Pleasant View (Toronto) Pleasant View (Toronto) $617,500 $617,500 69.8% 83.6% 102.2% A A 17.5% 52.8% A A C C
2 2 East End-Danforth (Toronto) East End-Danforth (Toronto) $592,200 $592,200 80.9% 80.2% 98.0% A A 10.1% 51.5% B B B B
3 3 Regent Park (Toronto) Regent Park (Toronto) $561,000 $561,000 77.1% 76.0% 92.8% A A 22.0% 44.9% A A C C
4 4 Hillcrest Village (Toronto) Hillcrest Village (Toronto) $815,300 $815,300 92.2% 110.4% 134.9% D D 18.2% 57.8% A A B B
5 5 Cornell (Markham) Cornell (Markham) $497,000 $497,000 67.8% 72.7% 82.2% A A 12.2% 41.4% C C C C
6 6 Village Green-South Unionville (Markham) Village Green-South Unionville (Markham) $623,100 $623,100 85.0% 91.1% 103.1% B B 11.8% 49.3% A A B B
7 7 Milliken Mills West (Markham) Milliken Mills West (Markham) $621,900 $621,900 84.8% 91.0% 102.9% B B 12.5% 65.2% A A C C
8 8 Central (Oshawa) Central (Oshawa) $244,000 $244,000 82.3% 64.6% 40.4% A A 16.1% 48.5% A A D D
9 9 Little Portugal (Toronto) Little Portugal (Toronto) $657,200 $657,200 86.7% 89.0% 108.7% B B 12.4% 39.3% C C A A
10 10 Crosby (Richmond Hill) Crosby (Richmond Hill) $635,600 $635,600 79.3% 93.0% 105.2% B B 12.8% 59.2% A A D D
11 11 Greenwood-Coxwell (Toronto) Greenwood-Coxwell (Toronto) $575,000 $575,000 87.6% 77.8% 95.1% B B 9.0% 50.3% B B B B
12 12 Langstaff (Richmond Hill) Langstaff (Richmond Hill) $634,000 $634,000 79.1% 92.7% 104.9% B B 7.4% 58.3% B B B B
13 13 Oak Ridges (Richmond Hill) Oak Ridges (Richmond Hill) $719,600 $719,600 89.8% 105.3% 119.1% C C 11.8% 52.8% A A B B
14 14 Bayview Wellington (Aurora) Bayview Wellington (Aurora) $478,600 $478,600 81.3% 70.0% 79.2% A A 10.8% 48.5% B B D D
15 15 Maple (Vaughan) Maple (Vaughan) $606,600 $606,600 86.1% 88.7% 100.4% B B 8.1% 46.4% C C B B
16 16 North Richvale (Richmond Hill) North Richvale (Richmond Hill) $637,400 $637,400 79.6% 93.2% 105.5% B B 11.6% 44.8% B B C C
17 17 Crescent Town (Toronto) Crescent Town (Toronto) $458,900 $458,900 77.4% 62.1% 75.9% A A 15.1% 41.9% B B D D
18 18 Shoreacres (Burlington) Shoreacres (Burlington) $558,100 $558,100 99.0% 90.2% 92.3% D D 11.7% 51.0% A A A A
19 19 Concord (Vaughan) Concord (Vaughan) $585,000 $585,000 83.1% 85.6% 96.8% B B 9.3% 40.9% D D B B
20 20 Newtonbrook East (Toronto) Newtonbrook East (Toronto) $1,052,800 $1,052,800 91.1% 142.5% 174.2% D D 14.9% 59.1% A A C C
21 21 Lakeview (Oshawa) Lakeview (Oshawa) $258,800 $258,800 87.3% 68.5% 42.8% A A 16.1% 57.6% A A D D
22 22 Oak Ridges Lake Wilcox (Richmond Hill) Oak Ridges Lake Wilcox (Richmond Hill) $692,400 $692,400 86.4% 101.3% 114.6% B B 10.5% 52.3% A A C C
23 23 Old Markham Village (Markham) Old Markham Village (Markham) $709,800 $709,800 96.8% 103.8% 117.4% D D 15.9% 66.6% A A C C
24 24 Town Centre (Pickering) Town Centre (Pickering) $428,400 $428,400 87.6% 113.4% 70.9% B B 13.3% 51.8% A A C C
25 25 Middlefield (Markham) Middlefield (Markham) $658,500 $658,500 89.8% 96.3% 109.0% C C 14.0% 53.5% A A C C
26 26 Village East (Pickering) Village East (Pickering) $382,300 $382,300 78.1% 101.2% 63.3% A A 12.2% 45.9% B B D D
27 27 Stouffville (Whitchurch-Stouffville) Stouffville (Whitchurch-Stouffville) $598,500 $598,500 84.8% 87.6% 99.0% B B 13.1% 43.9% B B C C
28 28 Harding (Richmond Hill) Harding (Richmond Hill) $671,400 $671,400 83.8% 98.2% 111.1% B B 14.1% 42.9% B B C C
29 29 Weston-Pellam Park (Toronto) Weston-Pellam Park (Toronto) $463,600 $463,600 92.7% 62.8% 76.7% B B 12.3% 57.3% A A D D
30 30 Uptown Core (Oakville) Uptown Core (Oakville) $483,100 $483,100 66.9% 78.1% 79.9% A A 11.7% 21.9% D D A A
31 31 Parkwoods-Donalda (Toronto) Parkwoods-Donalda (Toronto) $792,500 $792,500 87.6% 107.3% 131.1% C C 11.6% 47.6% B B C C
32 32 Appleby (Burlington) Appleby (Burlington) $489,300 $489,300 86.8% 79.1% 81.0% B B 9.8% 39.4% D D B B
33 33 Dufferin Grove (Toronto) Dufferin Grove (Toronto) $710,600 $710,600 93.7% 96.2% 117.6% D D 10.2% 50.4% B B B B
34 34 Raymerville (Markham) Raymerville (Markham) $633,800 $633,800 86.5% 92.7% 104.9% B B 11.9% 43.4% B B C C
35 35 Lakeview Estates (Vaughan) Lakeview Estates (Vaughan) $594,900 $594,900 84.5% 87.0% 98.4% B B 10.8% 38.7% D D B B
36 36 Wychwood (Toronto) Wychwood (Toronto) $766,000 $766,000 66.9% 103.7% 126.7% B B 3.4% 48.2% D D B B
37 37 Jefferson (Richmond Hill) Jefferson (Richmond Hill) $738,600 $738,600 92.2% 108.0% 122.2% D D 10.4% 50.5% B B B B
38 38 Greensborough (Markham) Greensborough (Markham) $666,500 $666,500 90.9% 97.5% 110.3% C C 13.4% 53.3% A A D D
39 39 Don Valley Village (Toronto) Don Valley Village (Toronto) $851,000 $851,000 96.3% 115.2% 140.8% D D 16.1% 56.7% A A C C
40 40 Milliken Mills East (Markham) Milliken Mills East (Markham) $684,100 $684,100 93.3% 100.1% 113.2% D D 12.4% 59.0% A A D D
41 41 Schomberg (King) Schomberg (King) $562,000 $562,000 77.6% 82.2% 93.0% A A 9.5% 41.5% C C C C
42 42 German Mills (Markham) German Mills (Markham) $661,300 $661,300 90.2% 96.7% 109.4% C C 11.9% 45.1% B B C C
43 43 Bayview Northeast (Aurora) Bayview Northeast (Aurora) $527,600 $527,600 89.7% 77.2% 87.3% B B 10.3% 41.3% C C C C
44 44 West Hill (Toronto) West Hill (Toronto) $481,900 $481,900 86.0% 65.2% 79.7% A A 12.1% 40.7% C C D D
45 45 Aurora Heights (Aurora) Aurora Heights (Aurora) $548,800 $548,800 93.3% 80.3% 90.8% C C 8.4% 51.2% B B C C
46 46 Blake-Jones (Toronto) Blake-Jones (Toronto) $673,400 $673,400 102.6% 91.2% 111.4% D D 14.8% 57.1% A A C C
47 47 Orchard (Burlington) Orchard (Burlington) $562,400 $562,400 99.8% 90.9% 93.1% D D 11.0% 45.5% B B B B
48 48 Bayview Fairway-Bayview Country Club Estates (Markham) Bayview Fairway-Bayview Country Club Estates (Markham) $646,500 $646,500 88.2% 94.6% 107.0% C C 11.4% 40.9% C C C C
49 49 Church-Yonge Corridor (Toronto) Church-Yonge Corridor (Toronto) $566,000 $566,000 77.8% 76.6% 93.6% A A 15.3% 22.3% D D B B
50 50 Creditview (Mississauga) Creditview (Mississauga) $523,400 $523,400 88.7% 102.4% 86.6% C C 7.5% 43.8% D D B B
51 51 Uptown (Burlington) Uptown (Burlington) $427,900 $427,900 75.9% 69.1% 70.8% A A 9.4% 35.5% D D C C
52 52 Oakwood-Vaughan (Toronto) Oakwood-Vaughan (Toronto) $576,800 $576,800 55.6% 78.1% 95.4% A A 5.5% 47.5% D D C C
53 53 Aurora Village (Aurora) Aurora Village (Aurora) $554,800 $554,800 94.3% 81.2% 91.8% C C 7.5% 58.7% B B C C
54 54 Markham Village (Markham) Markham Village (Markham) $664,000 $664,000 90.6% 97.1% 109.9% C C 10.0% 48.0% B B C C
55 55 Wismer (Markham) Wismer (Markham) $709,300 $709,300 96.8% 103.8% 117.4% D D 12.9% 53.7% A A C C
56 56 Bullock (Markham) Bullock (Markham) $715,500 $715,500 97.6% 104.7% 118.4% D D 18.1% 60.1% A A D D
57 57 Bay Ridges (Pickering) Bay Ridges (Pickering) $412,400 $412,400 84.3% 109.2% 68.2% B B 9.1% 42.9% C C C C
58 58 Blackstock (Scugog) Blackstock (Scugog) $308,100 $308,100 77.0% 81.6% 51.0% A A 10.4% 37.6% D D D D
59 59 Woodbine Corridor (Toronto) Woodbine Corridor (Toronto) $623,200 $623,200 85.2% 84.4% 103.1% B B 7.4% 42.3% D D C C
60 60 Cedarwood (Markham) Cedarwood (Markham) $534,500 $534,500 72.9% 78.2% 88.4% A A 5.7% 45.9% D D C C
61 61 Devonsleigh (Richmond Hill) Devonsleigh (Richmond Hill) $697,400 $697,400 87.1% 102.0% 115.4% C C 6.1% 49.5% C C C C
62 62 College Park (Oakville) College Park (Oakville) $570,400 $570,400 79.0% 92.2% 94.4% A A 7.4% 37.7% D D B B
63 63 Dovercourt-Wallace Emerson-Junction (Toronto) Dovercourt-Wallace Emerson-Junction (Toronto) $636,600 $636,600 88.0% 86.2% 105.3% B B 1.2% 52.1% D D C C
64 64 Bristol-London (Newmarket) Bristol-London (Newmarket) $423,200 $423,200 83.3% 61.9% 70.0% A A 9.9% 42.0% C C D D
65 65 Woodbine-Lumsden (Toronto) Woodbine-Lumsden (Toronto) $532,800 $532,800 89.8% 72.1% 88.2% B B 10.9% 37.7% D D C C
66 66 Mt Albert (East Gwillimbury) Mt Albert (East Gwillimbury) $413,900 $413,900 80.5% 60.5% 68.5% A A 4.2% 48.0% D D D D
67 67 Berczy (Markham) Berczy (Markham) $746,000 $746,000 101.8% 109.1% 123.4% D D 16.9% 59.0% A A C C
68 68 Huron Heights-Leslie Valley (Newmarket) Huron Heights-Leslie Valley (Newmarket) $483,200 $483,200 95.1% 70.7% 79.9% C C 8.5% 48.2% C C C C
69 69 Steeles (Toronto) Steeles (Toronto) $601,500 $601,500 94.4% 81.4% 99.5% C C 10.6% 48.8% B B D D
70 70 Vinegar Hill (Markham) Vinegar Hill (Markham) $529,800 $529,800 72.3% 77.5% 87.7% A A 6.2% 39.5% D D C C
71 71 Brant Hills (Burlington) Brant Hills (Burlington) $400,300 $400,300 71.0% 64.7% 66.2% A A 12.2% 24.1% D D C C
72 72 Agincourt North (Toronto) Agincourt North (Toronto) $565,900 $565,900 96.2% 76.6% 93.6% C C 9.3% 59.6% A A D D
73 73 Mountainside (Burlington) Mountainside (Burlington) $395,700 $395,700 70.2% 63.9% 65.5% A A 11.1% 34.8% D D D D
74 74 Glen Shields (Vaughan) Glen Shields (Vaughan) $545,900 $545,900 77.5% 79.9% 90.3% A A 10.2% 36.2% D D D D
75 75 Cathedraltown (Markham) Cathedraltown (Markham) $726,300 $726,300 99.1% 106.2% 120.2% D D 15.5% 49.4% A A C C
76 76 Briar Hill-Belgravia (Toronto) Briar Hill-Belgravia (Toronto) $540,900 $540,900 101.6% 73.2% 89.5% D D 11.7% 47.5% B B C C
77 77 Newtonbrook West (Toronto) Newtonbrook West (Toronto) $865,600 $865,600 100.0% 117.2% 143.2% D D 11.6% 55.4% A A C C
78 78 Gorham-College Manor (Newmarket) Gorham-College Manor (Newmarket) $513,100 $513,100 101.0% 75.1% 84.9% D D 10.8% 45.2% B B C C
79 79 Malton (Mississauga) Malton (Mississauga) $433,000 $433,000 73.4% 84.7% 71.6% A A 10.7% 45.0% B B D D
80 80 Northgate (Brampton) Northgate (Brampton) $364,800 $364,800 84.7% 71.4% 60.4% A A 5.8% 37.6% D D C C
81 81 Brownridge (Vaughan) Brownridge (Vaughan) $642,100 $642,100 91.2% 93.9% 106.2% C C 12.5% 38.8% C C C C
82 82 Aurora Grove (Aurora) Aurora Grove (Aurora) $460,100 $460,100 78.2% 67.3% 76.1% A A 8.3% 33.1% D D C C
83 83 Downtown Whitby (Whitby) Downtown Whitby (Whitby) $367,800 $367,800 88.2% 97.4% 60.9% B B 9.5% 36.6% D D C C
84 84 Keelesdale-Eglinton West (Toronto) Keelesdale-Eglinton West (Toronto) $506,300 $506,300 101.3% 68.5% 83.8% D D 13.3% 54.9% A A D D
85 85 Holland Landing (East Gwillimbury) Holland Landing (East Gwillimbury) $458,100 $458,100 89.1% 67.0% 75.8% B B 6.1% 45.1% D D D D
86 86 Central Park (Brampton) Central Park (Brampton) $357,800 $357,800 83.1% 70.0% 59.2% A A 5.4% 38.4% D D C C
87 87 Victoria Village (Toronto) Victoria Village (Toronto) $641,200 $641,200 70.9% 86.8% 106.1% A A 6.3% 40.0% D D C C
88 88 Central Newmarket (Newmarket) Central Newmarket (Newmarket) $457,400 $457,400 90.0% 66.9% 75.7% B B 8.7% 47.8% C C D D
89 89 Port Perry (Scugog) Port Perry (Scugog) $405,400 $405,400 101.3% 107.3% 67.1% D D 14.0% 43.8% B B C C
90 90 Mount Dennis (Toronto) Mount Dennis (Toronto) $438,800 $438,800 82.5% 59.4% 72.6% A A 11.4% 37.0% D D D D
91 91 Milliken (Toronto) Milliken (Toronto) $584,900 $584,900 99.4% 79.2% 96.8% D D 10.3% 54.3% A A D D
92 92 Rouge River Estates (Markham) Rouge River Estates (Markham) $637,900 $637,900 87.0% 93.3% 105.5% B B 5.8% 45.5% D D C C
93 93 Woburn (Toronto) Woburn (Toronto) $502,700 $502,700 99.3% 68.1% 83.2% D D 10.8% 46.7% B B D D
94 94 Box Grove (Markham) Box Grove (Markham) $712,300 $712,300 97.2% 104.2% 117.9% D D 13.4% 45.8% A A D D
95 95 Queensville (East Gwillimbury) Queensville (East Gwillimbury) $448,000 $448,000 87.2% 65.5% 74.1% A A 4.5% 43.9% D D D D
96 96 Woodland Hill (Newmarket) Woodland Hill (Newmarket) $461,600 $461,600 90.8% 67.5% 76.4% B B 6.9% 39.9% D D C C
97 97 Rouge E10 (Toronto) Rouge E10 (Toronto) $571,000 $571,000 101.9% 77.3% 94.5% D D 11.8% 46.0% B B D D
98 98 Flemingdon Park (Toronto) Flemingdon Park (Toronto) $627,100 $627,100 57.1% 84.9% 103.8% A A 16.9% 35.3% C C D D
99 99 Rouge Park (Pickering) Rouge Park (Pickering) $514,400 $514,400 105.2% 136.2% 85.1% D D 12.6% 56.1% A A C C
100 100 West Humber-Claireville (Toronto) West Humber-Claireville (Toronto) $484,100 $484,100 99.1% 65.5% 80.1% C C 10.8% 45.9% B B D D
101 101 Vanier (Oshawa) Vanier (Oshawa) $241,200 $241,200 81.3% 63.9% 39.9% A A 8.2% 36.6% D D D D
102 102 Ionview (Toronto) Ionview (Toronto) $479,700 $479,700 91.2% 64.9% 79.4% B B 7.4% 42.4% D D D D
103 103 Malvern (Toronto) Malvern (Toronto) $369,100 $369,100 80.6% 50.0% 61.1% A A 5.8% 49.4% D D D D
104 104 Beechborough-Greenbrook (Toronto) Beechborough-Greenbrook (Toronto) $518,200 $518,200 97.4% 70.2% 85.7% C C 9.8% 45.9% C C D D
105 105 Oakridge (Toronto) Oakridge (Toronto) $458,400 $458,400 86.1% 62.1% 75.8% A A 1.9% 46.1% D D D D
106 106 Morningside (Toronto) Morningside (Toronto) $476,500 $476,500 94.1% 64.5% 78.8% B B 10.6% 36.1% D D D D
107 107 Farewell (Oshawa) Farewell (Oshawa) $375,000 $375,000 126.4% 99.3% 62.0% D D 28.7% 96.3% A A D D
108 108 Virginia (Georgina) Virginia (Georgina) $516,800 $516,800 155.1% 75.6% 85.5% D D 20.0% 75.3% A A D D
109 109 Mount Olive-Silverstone-Jamestown (Toronto) Mount Olive-Silverstone-Jamestown (Toronto) $483,900 $483,900 99.0% 65.5% 80.1% C C 8.1% 50.1% C C D D



SOURCES: Toronto Real Estate Board, MoneySense expert realtor panel 2015
We would like to thank national licensed real estate brokerage Zoocasa for making its experienced realtors available for our expert panel.
When ranking the top neighbourhoods not all metrics were weighted equally. Read our full methodology.

 

3 comments on “Toronto’s top neighbourhoods

  1. Good article but your average prices for Cornell are way off. Some of the other areas seem low as well.

    Reply

  2. In case you haven’t seen this!

    Reply

  3. What about the neighbourhood of Harwood? Just north of The Junction, a little residential neighbourhood that’s part of the fast-growing Stockyards area. Mostly detached homes. Safe. clean. Lots of parks and walking/biking paths. A neighbourhood that offers great potential in terms of ROI. One of the few places left IN Toronto where you can by a detached house for UNDER $500k!! One of the hidden gems in T.O.

    Reply

Leave a comment

Your email address will not be published. Required fields are marked *