Just how you want to live in the city is up to you. Condos are often the least expensive entry point and also one of the easiest places to live. All you have to do is lock the door and leave. No lawn, no shovelling, no worrying about having to replace the roof. Houses are great, and often appreciate more than your standard condo. There are only so many houses left in Toronto. So, houses are often more competitive than condos.
Then there is the kind of lifestyle that best suits you. Are you looking to get in on Toronto’s hip neighbourhoods, recently transformed into an epicentre of cool?
Perhaps you would prefer to get in early before it becomes the next hot spot by keeping an eye out for emerging neighbourhood that are showing early signs of revitalization.
If you’re an urban animal who loves the energy of high-density living and an easy walk to your office tower, then you want to consider an urban location.
If you are ready to live in a neighbourhood that is central and has developed a thriving community over decades of improvements, you could consider established neighbourhoods.
Or maybe you want the space and quiet of the suburbs without the long drive out of town. Then you may want to consider these ex burbs that are somewhere between a suburb that is becoming more like a city.
So, put some thought into what best suits you. Ultimately, it comes down to what lifestyle best suit you in the urban test lab of Toronto.