Before I get to the list, I will note that other than being the magazine's Associate Editor, Gillian Grace is not a registered salesperson/broker, and she does not present her qualifications, cite sources, nor quote statistics to support her real estate prognostication.
But emblazoned on the cover of this month's "Toronto Life", we see the eye catching title, "WHERE TO BUY NOW" - "THE NEXT HOT NEIGHBOURHOODS*". And let's not forget the reassuring footnote in the corner, "everything you need to know before you buy"!
Yes, Toronto Life's Gillian Grace, picks 5 up-and-coming Toronto neighbourhoods, as home buyers seek out bargain alternatives to the higher-priced, "hot" neighbourhods, namely:
- Beaconsfield Village (the "next" Trinity-Bellwoods)
- Hillcrest (the "next" Annex)
- The Junction (the "next" High Park)
- Leslieville (the "next" Riverdale)
- Mimico (the "next" Beach)
Another forecasting strategy would be to throw a dart, while blind-folded, at a map of Toronto. With the run-up in real estate in recent years, and continued healthy market, it's hard to find neighbourhoods which haven't undergone some transformation or urban gentrification.
Consumers would be well-advised to consult a professional.
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