Downsizing your home can be a great move. Moving into a smaller space doesn’t have to come with the connotation of losing out on anything. In fact, downsizing and moving into a new area can often add a lot of value to your life, and your equity.
With a diverse range of unique neighborhoods, Toronto has something for everyone. And as the Equity Master, I can help you figure out where and how to find the best place for you, and utilize your assets to increase your equity. Here are four neighborhoods in West Toronto great for downsizers.
1. Bloor West Village – High Park
Bloor West Village – High Park is one of West Toronto’s most unique neighborhoods. It has a distinct, one-of-a-kind mark, making it one of the city’s most sought-after areas. Local residents are close enough to downtown Toronto, while still having a secluded residential ambiance. Home to one of the city’s most famous attractions, High Park isn’t just a park area. Think trails, playgrounds, sports facilities, gardens and even a small zoo! And let me tell you, when spring comes and the cherry blossoms are in full bloom, it is one of the most beautiful places to be.
The area houses mostly single-family homes, but is steadily increasing in new developments meaning you’ll have the option of finding a condo and apartment as well.
2. The Junction
The Junction is rich in history, and has recently undergone a massive transformation. Riddled with new restaurants, boutiques and cafes, the Junction is quickly becoming the new hot spot with Torontonians of all ages and backgrounds. This artsy, creative neighborhood is a haven for artists and designers alike.
For downsizers, condos, townhouses and detached homes are available. And if you’d like to stay true to the vibe of old town, there are older homes that have been completely renovated to match the atmosphere – inside and out!
3. Liberty Village
Liberty Village has a buzz about it for good reason! This is one of the fastest growing, most exciting neighborhoods to speak of! Located right outside the downtown area, Liberty Village is a short ride away with great transit access. Not only is it also great in terms of walkability, but every essential you may need is only a few steps away!
Here, you’ll have the option of choosing to rent or buy unique condos or townhomes in this predominantly residential area.
4. Roncesvalles
Roncessvalles is in the epicenter of a wonderful triangle of neighborhoods; High Park, Parkdale and Little Portugal. Locals refer to Roncesvalles as “Roncy”, and it boasts a relaxed, chill atmosphere full of culture and convenience. It’s perfectly situated a short distance from either the city or the outdoors – for whatever you may fancy. It’s the picturesque place to spend time roaming seasonal farmer’s markets in a cottage country atmosphere.
The better news? Roncy is filled with a variety of housing options. Whether you’re looking for a single-family home, semi-detached house, loft, condo or apartment – you’re bound to find your perfect match.
Making the decision to downsize can be the start of an exciting journey. To avoid overwhelm, or if you don’t feel that spark of chemistry with these neighborhoods – don’t worry. I’m here to help you find your dream home. And as an expert in real estate equity, I can help you navigate the evolving landscapes of property ownership and needs. Contact me today, and let’s get you where you belong!
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