Every year close to 100,000 people from all over the globe begin a new life in Toronto, and as a result, ours has become one of the most culturally diverse cities in the world.
Fortunately, when it comes to housing, the choice is as diverse as the population itself.
Within the Greater Toronto Area it is possible to live on a farm, by a ski slope, on an island, near soaring cliffs and even down the street from a castle, which only begins to illustrate the seemingly limitless range of our city’s more than two million housing options.
Toronto’s castle is of course, the historic treasure known as Casa Loma (Spanish for Hill House), which took three years and $3.5 million to construct when it was begun in 1911. It’s a cost that might now be considered modest in comparison to some homes in the area, which reflects the long-term benefit of most any type of real estate investment.
While the castle’s towers offer an outstanding view of the downtown core, spectacular vistas can be found from numerous vantage points throughout the GTA. The Scarborough Bluffs for example, offer a view from 300 feet above the city’s eastern shoreline. In this neighbourhood, detached homes are the most commonly found housing type. However, if you want to be steps from beaches and boat docks, there are also numerous condominium options along Toronto’s 46 kilometres of waterfront.
Lakeside living can also be found along many of the smaller lakes that dot the GTA’s surrounding regions and if taking the lifestyle a step further appeals to you, follow the Don Valley Parkway/Highway 404 combination to the northern reaches of York Region where you can find land lease properties on islands near the southern shores of Lake Simcoe.
If winter is the season you prefer, consider that there are housing options near two ski slopes within the city limits: Earl Bales Park and Centennial Park, and still others available by driving a short distance east or west across the 401, which incidentally, is one of the world’s most travelled highways.
If country living is your ideal, you can find more than 3,000 farms throughout the GTA, with the majority being in Durham Region. Although farm land is still available in the city’s surrounding regions, the incredible pace of development has brought a myriad of other options to these areas as well, including high rise condominiums, townhomes, semi-detached and detached properties at various price points, and even custom designed estates.
This is just a snapshot of the many lifestyle choices available throughout the GTA. You can also choose to live within steps of the ecological wonders of High Park, near film and television soundstages in Leslieville, or amongst North America’s best-preserved collection of Victorian-era industrial architecture in the Distillery District, to name just a handful of more choices.
To learn more about the GTA’s range of housing options, talk to a CHABA.