If you are aspiring to be a homeowner in 2019 and are looking for affordable transitioning neighbourhoods that will be a strong long term investment, well you are in luck as I have the perfect west-end neighbourhoods for you.
Wallace Emerson is a mixed-use residential and industrial area. However, this is a neighbourhood in transition as former industrial buildings and land are converted to residential and commercial use. Residential and commercial buildings blend with shops, galleries, eclectic eateries, bars and cafes.
One of the newest and most exciting neighbourhood landmarks is the West Toronto Railpath a reclaimed public space that has been compared to the High Line rail trail in New York City.
Today, vintage shops and niche restaurants line the streets. Wallace Emerson Community Centre has activities galore, with its outdoor rink and swimming pool. Bike paths wind their way around ample green space in Wallace Emerson Park.
Wallace Emerson offers great access to the Bloor subway line and top-rated schools in Toronto, it’s a neighbourhood to consider in your house hunting with the average home price being $860,181.
Rockcliffe Smythe is predominately residential in nature with access to the St. Clair transit line and the stockyards plaza. However, it’s best kept secret (not so much anymore) is the trails along the Humber River and the ample of green space that it offers the community.
BlogTO has identified Rockcliffe-Smythe as one of the top five Toronto neighbourhoods on the rise in 2017. In addition, Airbnb listed the neighbourhood in 2016 as its sixth in its top 17 neighbourhoods, based on a 497 per cent increase in bookings in 2016. Lastly, Toronto Life listed the neighbourhood in 2015 as one of the top three neighbourhoods in Toronto for first time home buyers.
This community will keep rising with all the developments in the area such as the Stockyards outdoor mall and the Junction’s hot retail strip just a short walk south.
Rockcliffe Smyth offers that one-stop that many people are looking for such as access to transit, shops and green space. This is definitely a neighbourhood to consider in your house hunting with the average home price being $634,767.
If you are looking for homes in these two neighbourhoods, don’t hesitate to contact me as I would be happy to help.