: 416-465-7527
: david@davidcoffey.ca
MENU
: 416-465-7527
: david@davidcoffey.ca
  • Home
  • Hi. I’m David
    • Want to Know More About Me?
    • What My Clients Have Said
    • Contact Me
  • Sell
    • Why Sell With Me?
    • Selling Your Home in 6 Steps
    • Advice from Real Sellers
    • What’s Your Home Worth?
  • Buy
    • Why Buy With Me?
    • Buying a Home in 8 Steps
    • Advice from Real Buyers
    • Buying Your First Home
    • Should You Buy an Income Property?
    • Find a Home (With My Help)
  • See Properties
    • See My Featured Properties
    • See My Sold Properties
  • My Neighbourhood Guide
    • See All the Neighbourhoods
    • What’s Your Lifestyle?
    • Ex-Burbs
    • Established
    • Urban
    • Emerging
    • Hip
  • Blog
  • Get The Coffeytime Report
  • Home
  • Hi. I’m David
    • Want to Know More About Me?
    • What My Clients Have Said
    • Contact Me
  • Sell
    • Why Sell With Me?
    • Selling Your Home in 6 Steps
    • Advice from Real Sellers
    • What’s Your Home Worth?
  • Buy
    • Why Buy With Me?
    • Buying a Home in 8 Steps
    • Advice from Real Buyers
    • Buying Your First Home
    • Should You Buy an Income Property?
    • Find a Home (With My Help)
  • See Properties
    • See My Featured Properties
    • See My Sold Properties
  • My Neighbourhood Guide
    • See All the Neighbourhoods
    • What’s Your Lifestyle?
    • Ex-Burbs
    • Established
    • Urban
    • Emerging
    • Hip
  • Blog
  • Get The Coffeytime Report

The Last Affordable Toronto Neighbourhood?

April 23, 2012 | Uncategorised

Lately, I’ve been receiving some pretty discouraging emails, first time buyers who feel they are taking the right approach when it comes to buying a starter home in an emerging neighbourhood. They’re not condo folk, and they want a house with a yard. Fair enough. For the most part, they know they have to look a little further afield from the downtown neighbourhoods. So, they go to the Junction and Leslieville, but realize prices are pretty high there for a starter home these days. The word is out certainly out on these hoods.  So, they go to the less-emerged  emerging neighbourhoods like Danforth Village and Mimico/Long Branch. But I gotta say, the word is out on these neigbhourhoods too, though they are more affordable than the Junction and Leslieville.  Depending on your budget, you could find some thing here for a starter home, but there are those well-paid, middle class buyers who still feel discouraged in these neighbourhoods.

So, that leads to the emails: Is there any where left? As I’ve mentioned many times before, there are only so many houses left in Toronto. Condos keep getting built. Houses do not. So, at some point, it may be a bit of a luxury to own a house in this city. But not yet. There are still pockets. Places where you have to be a bit of a pioneer to go, but may be well worth it. 
One such place is Weston Village and the neighbouring neighbourhood of Mount Dennis, just to the south of it. WestonVillage runs up Weston Road and it’s main street intersects Lawrence Ave. Many have compared this neighbourhood to an early Junction because like the Junction, it used to be a small town that was eventually taken over by the larger Toronto. So, the main street has a bit of a small town feel to it. And the big news: There is a GO station opening soon right in Weston Village. So transportation will be very easy there very soon. The area itself is pretty, but some times scruffy. Up on a hill, older homes. A nice park-like ravine nearby. It has a growing community group, a farmer’s market and even it’s very own Santa Clause parade. So, why hasn’t every one already moved here? Two reasons. There are some drab, and crime-ish high rises sprinkled in, though due to community involvement, the crime rate here has dropped significantly since 2009. And the second reason: The distance. It’s further from downtown, and does not yet have the best transportation options, though the GO Station will help out a great deal. Still, Weston Village and Mount Dennis are in the very early stages of  emerging. So, you don’t know how long it will take for these neighbourhood to take off, if they fully do. The commercial strips need more va-va voom, but there are much fewer bidding wars and the prices are still some of the least expensive places to buy a house in the city. And of course, if the housing market marches on as it is, these places could be worth a lot more, just like the Junction and Leslieville evolved over the last 10 -15 years. 

FIND POSTS BY:

The Latest in Toronto Real Estate, Delivered to You.

Want to know what's happening in Toronto real estate? Signup today, and join 500+ people just like you that are already being kept up to date.

  • This field is for validation purposes and should be left unchanged.

Changed your mind later? No problem. You can easily unsubscribe in one-click. I'll never send you anything you haven't signed up for.

David Coffey - Sales Representative

David Coffey, Sales Representative

: 416-465-7527
: david@davidcoffey.ca

Bosley Real Estate

Bosley Real Estate Ltd Brokerage

169 Danforth Ave
Toronto ON M4K 1N2

FOR BUYERS

  • Advice from Real Buyers
  • Buying a Home in 8 Steps
  • Buying Your First Home
  • Find a Home (With My Help)
  • Buying an Income Property
  • Why Buy With Me?

FOR SELLERS

  • Advice from Real Sellers
  • Selling Your Home in 6 Steps
  • What My Clients Have Said
  • What’s Your Home Worth?
  • Why Sell With Me?

HAVE A QUESTION? CONTACT ME RIGHT HERE.

Don’t want to fill out a form? You can click here to send me an email or call me at 416-465-7527.

  • This field is hidden when viewing the form
  • This field is for validation purposes and should be left unchanged.

COPYRIGHT 2025 - DAVID COFFEY | LEGAL AND PRIVACY | WHAT'S YOUR HOME WORTH? | CONTACT ME

MADE BY ARTIFAKT DIGITAL