Living in Toronto is one of the best feelings ever. This wonderful city is the most populous in Canada, and it has a lot to offer. But, what is even better is living in one of the elite neighborhoods of Toronto. In this article, we are going to explore how you can buy a home in one of those neighborhoods, what you have to pay attention to, and how to move in the least painful way possible.
Last time, we have explored some of the best neighborhoods for artists in Chicago. Today, we are going to cross the border and explore some of the wealthiest parts of Toronto! So, without further ado, let’s begin!
Before you buy a property in one of the elite neighborhoods of Toronto, you have to know what you can afford, and what to expect
Not everyone can afford to acquire a property in those kinds of neighborhoods. Prices of homes can be in millions and some of them can even be in the tenths of millions. This is why you have to know what you can afford, without causing yourself too much financial trouble.
On the other hand, you have to know what you want. All elite neighborhoods of Toronto have something special, and choosing the right one is important. Know what you want and what you can afford, and you should be good to go. Balancing those two factors is very important. After that, you can throw a virtual housewarming party!
How to search for a home?
Once you have decided on what kind of home you want, it is time to see what’s available. There are multiple ways in which you can do that, but some ways are naturally better than others. The safest way to find a home in one of the elite neighborhoods of Toronto is to go through a real estate agent. Real estate professionals know what is available, and when is the best time to buy a home. They can also connect you to a seller. Just remember to stay safe when you’re meeting your new neighbors once you buy a home.
So, which neighborhoods are considered to be elite neighborhoods of Toronto?
First of all, you won’t make a mistake wherever in Toronto you decide to buy a home. It all depends on what you expect from the neighborhood, and how much money you are willing to spend on a home. But, living in some of Toronto’s elite neighborhoods is another story. you’ll be surrounded by like-minded individuals who know what is good in life.
For example, they know how to reach the city safely and quickly and without trouble. getting to Toronto safely should be your main priority, especially if you are coming from afar. Long-distance moving is no joke, and you should be prepared to protect your precious belongings when relocating to Toronto.
Here are some Toronto neighborhoods you should consider if you want to move to some of the best places the most populous city in Canada has to offer:
York Mills-Windfields is a part of millionaire’s mile of Toronto. Millionaire’s mile of Toronto encompasses many neighborhoods, such as Bridle Path, Forest Hill, Lawrence Park, Rosedale, and of course York Mills. This neighborhood has gone through the process of so-called gentrification. With a lot of tearing down, York Mills has become one of the places where the elites of Canada live. Truly a luxurious place, York Mills homes deserve to have only the best luxuries in them.
Bridle Path is one of the most elite neighborhoods of Canada, period. It is situated next to York Mills on the millionaire’s mile. This neighborhood is known for its beautiful homes with beautiful architecture. Homes were recently built, on average being only a few decades old. It is the most expensive neighborhood in Toronto, but at the end of the day, you pay for what you get.
This is why you should make the interior of your Bridle Path home as beautiful as the exterior. However, moving furniture and artwork from far away to Bridle Path is not an easy task. Thankfully, you can count on experts in the area to do just that.
Lawrence Park is one of Toronto’s first garden-planned neighborhoods. It is a quite small community, which is located next to a few rolling hills integrated with several parks. As you can guess, it is one of the “greener” communities of Toronto, and professionals from number1movers.ca love to work here. In 2011, Lawrence Park has been named as the “wealthiest community” of Toronto. Also, since it is a relatively small neighborhood, only a select few have access to homes in the area.
Sunnybrook residents love their horses. People consider this neighborhood to be one of the most beautiful communities in Toronto. It is no wonder why people work with horses in this area since Sunnybrook was once the estate of renowned horseman Joseph Kilgour.
Forest Hill South & UCC (Upper Canada College)
One of the most affluent neighborhoods in Toronto with an annual household income of around $620 thousand, Forest Hill South & UCC is certainly one of the places for which you have to have quite a deep pocket. With a median home value of around $3.20 million, you can expect to find homes that are nothing short of amazing in this community. Jews and Russians make up the bulk of today’s community.