GTA real estate: Where to buy in GTA's core in 2018 - MoneySense

Top neighbourhoods in GTA’s core 2018

Why real estate agents keep touting Mimico for value

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1. West Hill

This Scarborough neighbourhood is a steal compared to the rest of the city. It’s bordered by a river, the lake and parks on three sides, including the eastern end of the Scarborough Bluffs.

2. Westminster-Branson

This is an area in transition, with new condo and townhouse developments starting to heat up prices, said Toronto-based RE/MAX realtor Eily Liang Bartfai. Residents benefit from proximity to Yorkdale Mall and the new York University subway.

GALLERY: Top 10 Toronto neighbourhoods to buy in

3. Victoria Village

This neighbourhood east of the Don Valley Parkway is another good place to look for bargains, particularly for people priced out of the Danforth, Liang-Bartfai said. The Eglinton LRT, slated for completion in 2021, will make it more transit-accessible.

Realtor pick: Mimico

With its large lots, attractive prices and easy access to four major highways, this Etobicoke neighbourhood was the top choice in the City of Toronto among realtors we surveyed. But RE/MAX realtor Nadia Childs said buyers should act fast. “The margins are starting to get tighter and tighter,” she said. “It’s harder to get in for a better price.”

Top 25 neighbourhoods

ClickTap column headings to re-rank neighbourhoods. ClickTap on any neighbourhood name to learn more about it. Search by neighbourhood or area to filter results.

Rank Neighbourhood Area Average home price (2017) Value Momentum Realtor Grade Average price vs. area Avg. price vs. metro district Avg. price vs. outer region 1-year price change 3-year price change 5-year price change
1West HillCity of Toronto$673,57494.4970.86★★★81.42%56.61%54.20%18.09%59.88%83.94%
2Westminster-BransonCity of Toronto$1,250,07061.4092.59★★★½81.50%105.05%100.59%27.08%72.23%103.28%
3Victoria VillageCity of Toronto$1,112,84469.4991.66★★★77.56%93.52%89.55%30.12%64.22%112.14%
4Woodbine-LumsdenCity of Toronto$865,23779.0474.79★★★½85.31%72.71%69.62%17.65%58.66%88.96%
5Little PortugalCity of Toronto$1,187,67160.6680.37★★★½88.04%99.81%95.57%19.43%54.50%96.51%
6OakridgeCity of Toronto$735,91581.6280.42★★★91.07%61.84%59.22%15.81%63.34%101.41%
7NiagaraCity of Toronto$1,266,33348.1683.48★★★★93.87%106.42%101.90%44.26%51.60%98.56%
8Mount DennisCity of Toronto$624,51498.9061.12★★½69.07%52.48%50.25%12.18%57.74%84.63%
9Scarborough RougeCity of Toronto$889,02149.6387.58★★★½107.46%74.71%71.54%19.76%70.13%95.63%
10Englemount-LawrenceCity of Toronto$1,609,36354.4180.10★★★½80.74%135.25%129.50%13.34%66.29%116.93%
11Bathurst ManorCity of Toronto$1,403,65343.0189.61★★★½96.23%117.96%112.95%27.54%66.47%96.67%
12Don Valley VillageCity of Toronto$1,401,28341.9194.63★★★½96.63%117.76%112.75%28.27%74.46%116.46%
13Humewood-CedarvaleCity of Toronto$1,426,02158.8278.72★★★½79.94%119.84%114.74%17.70%56.54%96.43%
14WestonCity of Toronto$725,64791.5462.69★★½80.25%60.98%58.39%17.35%56.42%81.37%
15Agincourt NorthCity of Toronto$861,35964.3477.02★★★97.50%72.39%69.31%19.30%53.97%92.92%
16Oakwood-VaughanCity of Toronto$850,92887.5048.25★★★47.70%71.51%68.47%14.96%48.09%78.05%
17MalvernCity of Toronto$633,29385.6685.58★★92.64%53.22%50.96%18.88%63.63%103.04%
18East End-DanforthCity of Toronto$964,28370.2259.80★★★½88.09%81.04%77.59%20.77%56.59%74.43%
19Newtonbrook WestCity of Toronto$1,327,51756.6267.25★★★½86.55%111.56%106.82%19.60%66.84%76.83%
20Hillcrest VillageCity of Toronto$1,190,31563.6064.71★★★½82.09%100.03%95.78%10.41%57.86%90.67%
21St. Andrew-WindfieldsCity of Toronto$3,453,10247.4376.40★★★½80.49%290.19%277.85%11.27%82.48%99.76%
22Kennedy ParkCity of Toronto$703,67481.6257.95★★★93.05%59.14%56.62%15.06%47.52%85.91%
23Greenwood-CoxwellCity of Toronto$911,78879.0440.51★★★½81.36%76.62%73.37%11.69%45.39%79.60%
24New TorontoCity of Toronto$949,31351.1073.17★★★½100.53%79.78%76.39%28.35%78.42%78.59%
25Briar Hill-BelgraviaCity of Toronto$890,69659.1977.23★★★98.50%74.85%71.67%17.72%55.66%95.31%
Value
Measures how affordable the neighbourhood is compared to the surrounding area and the region overall
Momentum
Measures how quickly prices are appreciating in this neighbourhood, with an emphasis on long term appreciation
Realtor Grade
How realtors we surveyed rate this neighbourhood

For more, please see our complete methodology

These are our picks for the best neighbourhoods to buy real estate in Toronto’s core, but if you’d rather live farther from the hustle and bustle of downtown, we have more suggestions. We ranked the best neighbourhoods in three regions — core, inner suburbs and outer. The core is the city’s urban centre, with accessible transit and easy access to amenities. The inner suburbs are for people who don’t mind trading a longer commute for better parking and a bigger lot size. And the outer region is for buyers who either don’t need to commute downtown at all, or are willing to log some serious travel time in exchange for affordable prices and wide open spaces. Check out the map below to see how the regions break down.

Regions map

Core Inner Suburbs Outer Suburbs