Mimico Voted One of Toronto's Top 10 Neighbourhoods
via Global News Toronto http://www.globaltoronto.com/top+10+neighbourhoods+in+toronto/6442523290/story.html
Home sales continue to rise in Canada, according to the latest monthly report by The Canadian Real Estate Association. Existing real estate purchases rose 2.7 per cent in September compared with August and up 11 per cent year to year. While sales slowed in other parts of the country – Canada’s largest metropolitan area experienced the most dramatic increase.
The number of resale homes sold in Toronto in September rose more than 20 percent over the same time last year. The average price of a home sold in Canada also rose 6.5 per cent to $352,600 since September of 2010. The average price in Toronto is much higher at approximately $460,000.
Though the price of homes isn't deterring people in Toronto from buying homes - demand is outpacing supply.
To help you decide where to buy a house, Toronto Life magazine is releasing their annual real estate issue on Thursday and in it, they list the top 10 neighbourhoods in Toronto.
Global News has been given an advanced copy of the issue, and we have listed Toronto’s top 10 neighbourhoods.
Mimico – from Islington ave to Humber river and from the Gardiner to Lake Ontario.
East End Danforth – Woodbine ave to Victoria ave and Doncaster ave to Kingston rd
Christie Pits – Ossington ave to Christie st and Dupont st to Bloor st
St. Lawrence – Yonge st to Parliament st and Front to the Gardiner
L’amoreux – Victoria park ave to Kennedy rd and Mcnicoll ave to Huntingwood dr
Blake-Jones – Pape ave to Greenwood ave and Danforth ave to the railroad tracks north of Gerrard ave.
Davisville Village – Yonge st to Bayview ave and Eglinton ave to Mt Pleasant Cemetery
Corktown – Berkeley st to River St and Shuter st to Front st
Wallace-Emerson – Railroad tracks west of perth ave to dufferin st and from the railroad tracks above dupont st to bloor st
Read it on Global News: Global Toronto | Top 10 neighbourhoods in Toronto