MoneySense and Zoocasa's list of the top 3 neighbourhoods in Toronto to buy real estate.
The list was based on ranking overall value for money levels of income and education and ease of travel by foot, bike and public transit.
Highland Creek (Ranked 3rd)
A former part of the Township of Scarborough, and located near its namesake river, Highland Creek is known for its small-town feel with scenic walking trails throughout the neighbourhood, and the University of Toronto’s Scarborough campus close by. Highland Creek is also family-friendly, with 56 percent of households having children.The average sale price of a property in December last year was $1,27 Million, 50 percent higher than 5 years ago.
Thorncliffe Park (Ranked 2nd)
Thorncliffe Park comes in second two years in a row. Formerly a borough of East York, Thorncliffe Park has a number of quality schools which make the neighbourhood very appealing to young families. It’s also considered a multi-cultural neighbourhood with lots of shopping, parks, churches, and a community centre within walking distance making it a highly accessible area. The average sale price of a home in Thorncliffe Park was $645,000 in December last year, rising 65 percent higher than five years ago.
Mildenhall (Ranked 1st Overall)
Located near the Rosedale Golf Club and surrounded by parks, Mildenhall is currently Toronto’s hottest neighbourhood. The average sale price of a home in Mildenhall reached just over $3 Million in Dec 2021. Mildenhall’s overall popularity is due to a number of good public and private schools, centralized location with a suburban feel and very walkable to all amenities. Prices skyrocketed 74 percent higher than one year earlier, and doubled from only 5 years ago.