Toronto Real Estate: Finding the Perfect Neighbourhood for the First-Time Home Buyer

You have decided to plunge into becoming a homeowner. You have done your homework, you can recite the CMHC fee schedule, you can calculate the land transfer in the head and you bought the DVD box set of Flip this House.

But what about choosing a neighborhood?

Personal views about the family as living (or them keeping a comfortable distance) to only Toronto neighborhood may limit your selection, choose from the city who otherwise over two hundred community are. Even first-time home buyers some of the more popular areas is a sample:

Riverdale and Danforth Village

From Broadview to Woodbine, Danforth, and Danforth village straddling both sides of the street on the first few stylish entry level combine to offer a selection of character homes. Perfect homogeneity of the suburbs with a disdain for young urban residents, the area convenient subway access, quiet Danforth dining and shopping, and for every budget provides a range of prices. Riverdale is both ambitious, it-yourselfer to find homes with great bones, and the search for you just move them and want to impress your friends for the magazine is great for quality renos.

Riverdale and Danforth Village Real Estate Prices: Entry Level Access Riverdale homes range from $ 400000-550000 while Danforth Village homes range from $ 250-400000.

East York

Danforth O'Connor Drive East York spanning from the north part of Toronto offers some of the best value at all. It still is $ 325,000 down, the quiet street close to the subway to get into homes, and can not give you an icky feeling when you step inside. Author personally can attest that the former New York is a very pleasant place to live because it is where he bought his first two homes!

Think of having a family at either end, or would require more space? Consider a traditional East York bungalows, and then a rapid renovation companies that the "topping up" expert is one of the bungalows to add a second floor when you need it. (Also add value to your investment is a respectable, some of these top-up bungalow on resale are fetching $ 500-600000).

East New York Real Estate Prices: While some semis and small detached homes range as low as $ 250-300000, 300-400000 A large selection can be found for between $.

Harbourfront

Who said just because you are a first time homebuyer, you do not have a view of water and may be right in downtown Toronto? When you under $ 200,000 for a large Harbourfront condo penthouse can not expect there to graduate and excellent facilities that sell for as little as $ 180,000 with the junior one-bedroom units in contemporary buildings. In addition to manufacturing facilities, you Harboufront cultural attractions and outdoor activities outside your door is Lake Ontario, streetcars and city with only steps away.

Davisville Village

Right in the middle of the city, Davisville Village desirable Yonge Street corridor best price within a few offers of accommodation options. Offering a short subway ride to the downtown facility, Yonge St, shopping and loads of fun restaurants and pubs, Davisville Village youth looking for their first home or condo buyers are attracted. Hoards of singles in their twenties and thirties that many condos near Yonge and Eglinton are living in the neighborhood's youth and character earned moniker.

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