Purchasing Property in Toronto's Hot Spots
For those who love the nightlife, shopping and the beautiful tourist spots of Toronto, purchasing downtown real estate is an ideal option when looking to invest in a home. There are a variety of different neighbourhoods in the downtown area to choose from, and as such, it is important for homebuyers to enlist an experienced real estate agent who understands the unique Toronto housing market.
Buying a home should be an exciting time, but a good realtor knows that it is also one of the biggest financial decisions that most people will ever make. As such, effective communication with regards to objectives, goals and budgets is key when it comes to dealing with any real estate agency. Ideally, prospective buyers should work with agents who have built up a strong network of buyers and sellers, as well as have an excellent understanding of the market trends and opportunities in Toronto.
A realtor's job is to guide clients through the process with ease and precision in order to achieve ultimate satisfaction.
Where to Buy
The Annex is one of the city's most sough-after downtown areas and is an ideal neighborhood for those who are looking to invest in a home. Most of the homes in this area were built in the late 1800s and early 1900s and as such, boast Victorian and Edwardian styles with features such as Romanesque arches and Queen Anne decorative elements.
As the homes were originally built for the city's elite, the properties are large and many have since been subdivided into apartments and multi-unit dwellings. This makes the Annex a perfect location for homebuyers who wish to have tenants.
The Annex has evolved over the years and is now referred to as a bohemian neighbourhood where pedestrians can frequent a wide selection of bars, cafes, shops, restaurants and clubs.
Many famous Canadians and artists have called this neighbourhood home, including Margaret Atwood, David Suzuki, Adrian Clarkson and members of the Canadian rock band Sloan.
While the area has a wide range of entertainment, it is also a great place for families as it is in close proximity to the following schools:
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Huron Street Junior Public School;
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Palmerston Public School;
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Hawthorn II Bilingual Alternative Junior School;
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St. Joseph Morrow Park Catholic High School; and
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Harbord Collegiate Institute.
The Annex is also highly accessible to public transit and is served by the Bloor-Danforth subway line through the St. George, Spadina and Bathurst subway stations. The Spadina and Bathurst streetcar lines run through the area, as does the Dupont bus route.
Purchasing a home in Toronto's downtown area is an excellent investment. The Annex in particular, boasts the most desirable qualities of any neighbourhood with its gorgeous homes, excellent entertainment, close proximity to schools and its pedestrian-friendly streets.
An experienced real estate agent can guide you through Toronto's most desirable properties and can help homebuyers invest in a home that will increase in value down the line.