2. Inglewood, Caledon
Want to live in a small town at the heart of an urban centre? Then check out the No. 2 neighbourhood in the Peel Region.
Residents of this community are proud that the railway hotel and general store—the first two commercial enterprises that opened in the village in 1887—are still standing today. Residents are also pleased with all this town has to offer. Whether it’s fishing in the stocked ponds at the Ken Whillans Resource Management Area, hiking on the Caledon Trailway or playing a few rounds of golf among the rolling Caledon countryside, there’s an outdoor pursuit to suit every person’s taste.
Buyers will appreciate the varied choice in home styles, sizes and ages. Those with a larger budget can choose from acreages, sprawling ranchers or custom-built modernized farmhouse-type mansions. Others looking for something more affordable will prefer a newer build, suburban-style family home or a bungalow on a smaller, more manageable lot. For those wanting a bit of help paying the mortgage, consider a home closer to the town centre, where the tenant population (which makes up about 10% of residents in this community overall) tend to live.
Prior to the pandemic and market slowdown, homes typically sold within 110 days in Inglewood, Caledon.
Average Single-Family Home Price (2019): $1,250,000
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3. Port Credit, Mississauga
It appears that villages and towns are really dominating our rankings this year, and with good reason. The No. 3 spot goes to Port Credit, in Mississauaga, a neighbourhood that was once the Village of Port Credit. As the oldest village in the area, Port Credit is known for its charm and its incredibly accessible waterfront (it sits right on the shores of Lake Ontario). With more than six kilometres of waterfront trail and eight waterfront parks, the neighbourhood draws anyone who wants to live, work and play near the water.
This neighbourhood also offers easy access to the Queen Elizabeth Way (QEW) and the commuter GO Train, along with the Hurontario LRT, making it the perfect neighbourhood for anyone who needs to commute into downtown Toronto (or to other major urban centres).