21 Feb Choosing the best neighbourhood – where to begin?
The Greater Toronto Area offers a wide range of options to meet all of your real estate needs. There is so much choice that it can be overwhelming to select which neighbourhood is the perfect one for you. Not to worry – Shirriff Wells is here to help!
When choosing a location there are a number of factors you will need to consider that go beyond the actual property itself. We recommend you explore these three areas to ensure you get the property that is perfect for you:
- Establishing a budget is the first step to success. Knowing your budget will help narrow down your options and set you on the right path. All things being equal, you want to find an area that provides you with the best return on your investment.
- Next, you will want to explore the type of housing stock that you will be looking for. Does a condo, a freehold detached or a townhome fit your needs? Knowing the type, shape and size requirements that will fit your lifestyle will also narrow down the design and layout options.
- The third consideration is the relative distance to amenities such as shopping, dining and cultural institutions. Think about your interests and what you require in close proximity to be able to continue the full life you enjoy. Transportation goes hand in hand with access to amenities. Depending on your life stage you will want to also consider the quality of schools, relative distance to employment and any other establishments you frequent.
Beyond your immediate requirements, it’s always important to consider the growth aspects of the area surrounding your property. Is the area improving? Are the demographics and safety of the area favourable? Are there any environmental aspects that need to be considered (water treatment plants, hydro fields, railway corridors, etc)? As your real estate partner, Shirriff Wells will be able to share this information with you to allow you to make an informed decision.
It’s important to consider a variety of factors beyond the front door of each property. We will create a needs and wants analysis with you to ensure everything is covered. We look forward to working with you to find your dream property!