Friday, October 30, 2009

WHERE DO I BUY, THEN???

There has been a great deal of talk about the recent re-appearance of multiple offers on homes for sale. That, coupled with unleashed buyer demand, means a quick sale on many a listing. One sad party, however, is the buyer, who might experience some dings in his shiny new-found confidence.

However, folks can still purchase a semi-detached or a detached home in Toronto. There are some pockets that are receiving renewed interest because of their great location and their affordability. One of these is the Toronto West-Central area, roughly bordered by Ossington – Dundas, Bloor - Dupont.

Tom Lebour, Toronto Real Estate Board President, commented on this in a recent article. He mentions the southwest section of downtown Toronto as being a popular option now-a-days. For example, “Beaconsfield Village, (bordered by Dundas, Queen, Ossington and Dufferin), has experienced extensive gentrification in recent years... You’ll find even greater affordability …in Brockton Village, (near Bloor/Dufferin) where … there are a variety of single and semi-detached homes”. And this, my dear reader, is where I live! Who better to show you around than a local?

These more affordable homes often require some elbow grease on your part. However, the opportunity to purchase a solid, old home centrally located AND at a great price is well worth it at the end of the day.


warmest regards,

LcK

416.809.6245

lindsay@torontorealestatetoday.com

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