9 Best Toronto Neighbourhoods to Buy Property In

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Toronto Neighbourhoods

North Riverdale has mIt is no secret that Toronto is one of the best cities to live in Canada. It’s the most diverse and multicultural city in the country, with over 200 spoken languages. Generally, Toronto boasts a thriving business environment, established security, and better housing facilities.

However, finding the best Toronto neighbourhoods can be quite overwhelming, especially if you are new in the city. It’s no surprise that Toronto has over a hundred neighborhoods, but their security, housing, food security, employment, and health services vary.

Best Neighborhoods in Toronto

In this guide, we look at the best neighbourhoods in Toronto for families. It will help you find the right place to purchase a house and settle with your family. Thankfully, companies like Ballymore Homes can also help you find the best Toronto neighborhoods to live in. 

Here are the best neighborhoods in Toronto to buy a house.

1. Danforth

Danforth is one of the coolest places to live in Toronto. Its vibrant streets are full of food centers, restaurants, and bars. You can do many things in Danforth, but if you love music, the Danforth Music Hall is a must-visit place when you finally settle in the neighborhood.

When it comes to housing, Danforth has modest homes and second-floor apartments that every resident can afford, including an average person. The average price of a house that can accommodate a family in this neighborhood is CA$1.2 million.

2. Kensington Market

Kensington Market is one of the liveliest neighbourhoods in Toronto. The market is always cheerful during summers when many people visit to explore its restaurants, vintage clothing stores, organic grocery stores, coffee shops, bars, and bookstores. 

Renowned for its multicultural food, you’ll smell the aroma of different kinds of foods from every corner of the market. If you want to taste the best food flavours in Toronto, the market is the best place to live. The average house price in Kensington is CA$700,000.

3. North Riverdale

No neighbourhood compares to North Riverdale when it comes to an outdoor setting. This quiet neighborhood has green and beautiful lawns that are well-kept. It has a number of soccer fies, swimming pools, and tennis courts, making it ideal for outdoor activities.any high-rise apartments and semi-detached homes that you can purchase. While the cost of housing isld relatively expensive, the neighbourhood’s active outdoor environment makes it one of the best neighborhoods in Toronto for families.

4. The Annex

If you want to experience the history of Toronto City, the Annex is one of the best Toronto neighborhoods to live in. It is home to the Royal Ontario Museum, Royal Conservatory, and the famous University of Toronto. Besides, it’s a calm place with large green spaces.

The Annex has well-established transport, housing, and healthcare systems, rendering it a comfortable place to live. Thousands of students reside in the neighborhood. However, houses can be quite costly. The average price of a home in the region is CA$1.2 million.

5. Cabbagetown

Located in the East End of Toronto, Cabbagetown is an incredible place to live. It’s one of the areas that have reserved their ancient architecture. Most buildings resemble the Victorian homes that existed in the 19th century, giving the region a community feel.

What makes the Cabbagetown looks more fantastic are the large green spaces and big farms throughout the entire neighborhood. Besides, it also has several pubs, stores, and restaurants. The average house price in Cabbagetown is CA$1.1 million.

6. Lawrence Park North

Did you know that 37 percent of households in Lawrence Park North earn incomes of over CA$200,000? It is a wealthy neighborhood with affluent families and first-class schools like the Blessed Sacrament Catholic School, John Wanless, and Bedford Park.

Lawrence Park North is a peaceful and quiet neighborhood located in central Toronto, making it the best place to purchase a family home. Thankfully, you will find many single-family homes on sale. The average house price in the neighborhood is CA$1.7 million.

7. The Beaches

The Beaches is one of the liveliest places in Toronto. It has many outdoor activities that will make you forget about yourself. Some of the things you’ll enjoy in the neighborhood include sunbathing, swimming, and volleyball. It also has many entertainment amenities.

Strategically located along the beach, renting or buying a home in this neighborhood can be quite expensive. However, the fun you’ll get will be worth the price. According to Zolo, the average cost of a house in The Beaches is CA$1.4 million.

8. Queen West

Queen West is the true definition of coolness. It is one of the coolest places not only in Toronto but also across the entire world. It’s no doubt that you’ll find everything you need when you visit or live in Queen West. It has many stores, restaurants, bars, and shops.

This historic neighborhood boasts some of the top shopping places in the city, including the Toronto Art and Design District that stocks a vast array of vintage, menswear, sewing supplies, and shore stores. The average home price in Queen West is CA$2.1 million.

9. The Old Town

Located centrally in Toronto, the Old Town is another charming neighborhood that offers amazing experiences. It is home to the famous and historic market, St Lawrence Market, built-in 1803. Due to the neighborhood’s central location, it’s one of the best places to live and work. It has numerous office spaces that residents can rent.

Final Words

As the largest city in Canada, Toronto has many other incredible neighborhoods, such as Rosedale-Moore Park, Trinity-Bellwoods, Casa Loma, and the Old East York. Buying a property in any of the best neighborhoods in Toronto can be a remarkable move that will transform your life significantly.

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