Evaluating a Neighbourhood

The following is a checklist of important things to do and think about when considering moving to an area.


Drive around
  • Does it look like a place you’d like to live?
  • Is it near places you’d like to go?
  • Is it too near places you’d rather avoid?
  • What will it look like during commuting time?
  • What’s it like at night?
 

Local area of Central Toronto

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  Quality of Schools
  • What is the school performance?
  • Average test scores?
  • Capacity of school in relation to number of students?
  • Parent involvement?
  • After school activities, teams?
 

Schools and amenities around Central Toronto

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Education / Income Profile
  • What is the household income?
  • The education level?
  • Is it too near places you’d rather avoid?
  • Occupation?
  • Family type?
 

In Central Toronto

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  Cultural Amenities

Proximity to museums, galleries, universities, seasonal entertainment, theaters, orchestras, etc.

Even if you don’t frequent them, they help set the tone for the area.

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Property Values

Steady or increasing values generally mean a sound investment.

It is almost always best to buy the smallest, least expensive home in the best neighbourhood you can afford.

 

Properties at Central Toronto

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  Future Growth

If you are not planning on staying in your new home for a number of years, an abundance of new construction being planned could affect your resale.

Equally true, however, is the existence of higher end properties could increase the value of yours.

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