New ranking identifies the most-affordable communities in Toronto

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New ranking identifies the most-affordable communities in Toronto
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New ranking identifies the most-affordable communities in Toronto Toronto RealEstate

"In 2022, the real estate market experienced volatility, but is now seeing a rebound in sales numbers as a result of the Bank of Canada'sto put a hold on interest rates at 4.5%," wrote the brokerage when releasing its ranking of the 10 most-affordable communities in Toronto.

The firm thus concluded that these are currently the most-affordable communities in which to buy a home in The 6ix for those who don't already own property:"Kingsview Village is an established community where families can choose from a wide range of housing options, including ranch and modern bungalows, split-level homes, and brand-new two-story homes," reads the new report, as released earlier this week.

Hailing this multicultural community for its many shopping, dining, recreational and fitness options, The Canadian Home notes that apartment buildings dominate this area. "Purchasing a home in Yorkdale-Glen Park now could result in a solid return on investment in the future," notes the report. "Additionally, the neighbourhood is close to major transportation routes, making it easy to commute to downtown Toronto or other parts of the Greater Toronto Area.""Canadian families love Flemingdon Park.

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