Toronto’s housing market is as diverse as its people: ranging in price, size, and location. We pick the top Toronto listing in each category weekly, with this week’s focus on a growing GTA town. Who made the cut this week? Read on to find out.
Here’s our top pick in the 6ix.
IS THIS SMALL TOWN THE NEXT BIG THING?
30 Jane St– $459,000
Neighbourhood: Bolton West, Caledon
Agent: ANTHONY CAPUTO
Brokerage: PRUDENTIAL SELECT REAL ESTATE
As the home prices in Toronto rise, more and more people are being pushed out of the city in search of finding an affordable home. GTA neighbourhoods that directly border Toronto, such as Richmond Hill, Markham and Mississauga have seen incredible appreciation over the short term. Why? Because quite simply you can get more bang for your buck when you look outside the core in the way of parking, larger lot sizes, and a more affordable detached price point.
But for first time home buyers, the aforementioned areas can still become out of reach, which is pushing those in search of an affordable price point even further north, east and west.
Which brings us to the topic of conversation for this week – a small town called Bolton bordering Brampton, Vaughan, and King City. In the early 2000’s Bolton saw huge growth in its community when various builders came in to develop the land, but for the last decade the growth had evened out – that is until recently.