Ever wondered what Toronto’s real estate market is like? As most realtors will tell you, volatility is the necessary evil investors have to endure.
Soaring property prices, a sudden drop in sales, and housing crash predictions are all eventualities, some of which happen, like in early 2017 when prices shot up by over 30%. Others just never seem to come about, like the long-predicted housing crash in the real estate markets in Canada.
Nonetheless, buyer confidence has remained solid, fueled by factors like high rates of employment, rising incomes, GDP growth, and an increasing population, all of which contribute to the demand for property in Toronto.
Because it’s probably the biggest investment or financial decision you will make, our goal is to furnish you with more than just your gut feeling and what you already know so you can get the best bang for your buck.

What to Consider About the Best Place to Buy a House in Toronto
As expected, there are a number of things you will want to look out for as an investor just to be sure you are making the right decision as far as selecting the best places to invest in real estate in Toronto goes.
Top on the list is the availability of great schools and institutions of higher learning, both public and private. Transportation is also another important factor when it comes to Canadian real estate. That includes closeness to subway stations, availability of streetcars and buses, and so on. Not to forget shopping amenities and the types of investments you would love to make.
Fortunately, all those are part of the elements we incorporated into our selection formula. We even went further and examined their value by taking into consideration average home prices shared by the Toronto Real Estate Board (TREB). We compared the prices to nearby areas, then looked at their history to see whether they have been appreciating, depreciating, or stable.
In the end, we were able to identify many pocket neighborhoods and communities that checkmark all the important aspects an investor would love to see.
Almost all of them are areas we love to invest in. Our list below covers Toronto only and, as we found out, rental units are in high demand in these areas and the greater Toronto area (GTA).
The Best Places to Invest in Real Estate in Toronto
Yonge And Sheppard
Yonge and Sheppard may seem like suburbia, but don’t let that notion trick you into ignoring this neighborhood. At the moment, it’s one of the hottest North York addresses for rentals (both condos and houses) and among the places that are experiencing rapid condo development, with no sign of the trend slowing down.
Because it sits far north, prices are still competitive, but with an increasing population and rising demand for property, chances are it will be a hot spot soon. The average price for an entry-level house is $1 million while condos go for about $400,000.
Last year, North York condo prices went up, a sign that the area is slowly becoming an attraction for both investors and home buyers.
What’s more, the area is accessible to the Toronto Transit Commission (TTC) with the Sheppard Subway within easy reach of the residents. The ride to downtown to the Dundas station takes about 25 minutes via the subway.
Liberty Village
Liberty Village is an artsy neighborhood located south of King Street West. Among the things that make it a great place to invest in its location, as it is a few minutes’ walk from the entertainment and fashion gallery of King St. West.
Accessing the financial core also takes a few minutes, thanks to the streetcars. In the past few years, the area has been popular with renters looking for affordable living options, mainly because it’s an area with a vibrant community and access to a variety of public amenities. Currently, the average entry price for a condo investment is $400,000.
Above all that, Liberty Village offers a place to work, live, and play with over 20 restaurants and it being home to various successful art and design studios.
King West
Hip and trendy is the perfect way to describe King West, a neighborhood that was just years ago a district lined with abandoned warehouses.
Located in downtown Toronto, the area is popular with young professionals in search of the urban lifestyle, which it offers in abundance, thanks to having one of the most active nightclubs and bar scenes in Toronto.
King West offers a large variety of residential options to invest in, with condos fast becoming the most attractive property type.
Being one of the city’s largest and busiest transit routes, the area has benefited from commuters who wish to be closer to Toronto.
The new streetcars that got introduced not too long ago have made transportation way easier for those who rely on that.
Its location, new buildings, and relatively affordable investment price make it a good choice for real estate development. Note that the average price for an entry-level condo is $500,000.
Yonge And Eglinton
Condo real estate investing has for long been a reserve of downtown Toronto, but now we have pocket neighborhoods outside downtown yet within the city that boasts of the same features and benefits downtown has. Yonge and Eglinton is one of them
Things like great transit, high real estate prices, great infrastructure, and the potential for a future rise in prices are just as strong in Yonge and Eglinton as they are in the downtown area.
One of the things making Yonge and Eglinton receive more attention is the ongoing construction of the Eglinton Crosstown Light Rail Transit (ECLRT) due in 2031. Most of it will be underground and it will improve accessibility to Toronto city.
That aside, the place is popular with young families, a situation enabled by the presence of the best schools in Toronto, the best restaurants in the city, and the upcoming offices that signal potential for more jobs.
Expect mixed investments mainly in houses, but lately, this includes many condos too. In the past few years, resale prices for some condo buildings around Yonge and Eglinton have been strong. The investment level is mid to high, while the average price for an entry-level house is $1.3 million and $500,000 for condos.
Yorkville
Yorkville is located north of Bloor Street and to the west of Yonge Street. It has one of Canada’s most exclusive shopping districts within it, in addition to upscale restaurants and top-class hotels.
The area is not only famous for its upscale boutiques like Burberry and Bulgari and luxury hotels, like the InterContinental, but it also has offices for international companies like IBM and Twentieth Century Fox.
It’s, therefore, not surprising that the average price for an entry-level condo is $740,000. Nonetheless, Yorkville is a prestigious address where investment will definitely yield high returns.
CityPlace
Located west of Bathurst Street, CityPlace is home to the canoe landing park. Its location (Downtown Toronto) is considered one of its finest assets, given that it’s just a few minutes’ walks away from Toronto’s financial district.
Over the years, this district has been one of the fastest growing and maturing, marked by an increasing population and an influx of merchants and services. Now the area is experiencing a boom in development, a situation likely to set it up as a prime residential area in Toronto when completed.
Being nestled between the Gardiner Expressway and Union Station makes it a very accessible area. It is also very close to King Street West and Liberty Village, making it popular with renters who need to commute daily to Toronto’s financial district.
Price wise, the average entry cost for a condo investment is $400,000. Given that the neighborhood is experiencing rapid growth and moving away from its old reputation, there’s plenty of reasons to invest there now.
Bay St. Line
Bay St. Line is a popular neighborhood located in the financial district. Its location makes it a hot rental area popular with those who work in the financial district and on the discovery of the district’s nearby hospitals and schools.
Ryerson University and the University of Toronto are located close by, making the place a living area of choice for a large number of faculty and students. Also, its close proximity to Bay Street, which is considered the center of Canada’s financial sector, makes it a prime neighborhood to invest in.
Considering its location and accessibility, the average price for an entry-level condo is what you would find in most places with the same qualities; i.e., $500,000.
Leslieville And The Beaches
These communities sit along Queen Street’s eastern stretch. Initially, Leslieville mainly comprised a working-class population, but it has since grown to include people of mixed incomes. Restaurants, gourmet coffee houses, and art galleries are more common than ever.
The Beaches, on the other hand, remain an attraction partly because of the unencumbered access it offers to Lake Ontario.
Both areas are served by great schools and universities and are rife with restaurants and shops, especially in Queen Street East, which is basically the most loved shopping district in the area.
The majority of properties are cottages, rowhouses, Victorian houses, bungalows, detached and semi-detached houses, and lately, some condos as well. The prices are still low to medium while the investment is mid to high. The average price for an entry-level house is $1.2 million while condos go for $550,000.
Because these neighborhoods have undergone plenty of gentrification and revitalization in recent years, there’s new interest in Leslieville East, which sits between the two communities. It’s an up and coming neighborhood and prices are still low, making it a suitable option for anyone who doesn’t mind putting up with developing places with huge potential.
Yonge St. Line
Yonge Street is famous for many things, one of them being that it’s among the longest streets in the world. If you are looking for office and residential areas to invest in, the area is rife with them.
Its biggest selling point is its great public transit system, served by the eastern half of Line 1 Yonge-University subway.
There’s also a supplementary bus route running along the street and an additional blue line route that works after the subway closes.
One reason the area is popular with renters is because of its ease with the subway and its efficient public transit system. Expect to find the average price for an entry-level condo at around $500,000.
Queens Quay
Queens Quay, a notable street in the Harborfront neighborhood of Toronto, has been experiencing a revitalization for the past decade. The street was largely commercial due to its piers, but huge parts of it have been rebuilt into premium waterfront property.
Today, the neighborhood has a variety of parks, entertainment facilities, and office spaces for rent.
It is served by two streetcar lines and various bus routes, making it easier for the residents to commute. The investment price is premium considering it has amazing waterfront property. At the moment, the average entry price for a condo is $460,000.
Considering its beautiful parks, water views, and serene atmosphere, the price sounds well justified.
The Annex
Downtown Toronto is home to The Annex as well. Bordering the University of Toronto, the place is mainly a residential area.
Here, you will encounter plenty of Torontonian style houses that were popular among the elite in the nineteenth century. The area is well served by the public transit, including the bus service and four TTC subway stations.
Because it’s a residential area, the buildings are mostly mansions with a few condos. The average price for an entry-level house is $1.2 million.
Generally, the area is rich in historical value and it is well located with an efficient transport system, making it a great neighborhood to invest in.

Danforth
Danforth lies further north and, even though it’s outside the core, it still provides easy accessibility to the city. In addition to having a strong history, the area set itself apart due to its strong landscape and abundance of amenities.
Other attractions include plenty of health and wellness establishments, walkability, and lots of parking space. Even though the area is off the main subway line, it still provides easy access to the TTC using streetcars.
As with most of the best markets in the GTA, mid-rise condo developments have been popping up not just along Danforth but also around the Village area. Moreover, plenty of homes have undergone renovation, especially in Danforth Village, and they are being sold at a good price. The average price for an entry-level house begins at $900,000.
FAQs About The Best Places To Invest In Real Estate In Toronto
Is it Worth Investing in Toronto Real Estate?
The prices of homes and condos in the Toronto area have been going up for years. From August 2019 to August 2019, the MLS Home Price Index showed that the average home price has gone up by 11.1%. The prices of homes continue to rise in the area, and most experts believe this pattern will continue for a considerable amount of time.
What does this mean for investing? As prices go up, there will be some renters that look to buy real estate sooner rather than later. Other would-be homebuyers will decide to rent rather than buy so they can save more money to buy down the line.
Investing now means two things. First, you can find renters who cannot find affordable houses; you will begin to make back your money almost immediately if you set the right rental rates. Second, there is a great chance that you will be able to sell the property at a higher price because the prices in the area have been consistently rising.
For those reasons, investing in Toronto just makes sense.
Where Can I Invest in Real Estate in Toronto?
At the end of the day, you can invest anywhere in Toronto as long as you choose the right property and research the area. Toronto has many great areas. Some areas are already being invested in; other areas are just starting to pick up.
The key is that you know what you are getting into. Do you know the market? Do you know what kind of renter you hope to attract? Can you price the unit in the right way to make a good profit? Are you prepared to renovate and market as needed?
The list of areas of Toronto in this article is a great place to start as these neighborhoods are proven to be great investment areas, but they are not the only areas you can consider.
Are Condos a Good Investment in Toronto?
Absolutely! Condos are often considered to be one of the best real estate investment options in Toronto. There are many condos available on the market, which can seem like a problem. However, this actually means you can usually find competitive prices.
Additionally, condominiums are often the first choice of renters who want to find a great home in the area but aren’t ready to purchase something yet. This means that filling your units isn’t difficult.
If you decide to get out of the rental business down the line, condos are likely to sell quickly to either families or another investor. The risk of this investment is manageable, and many real estate investors find Toronto condos to be their favorite investment option.
Should I Invest in a Condo or House in Toronto?
The final decision about which type of property to invest in is your decision, but most real estate investors will agree that investing in a condo makes more sense than a house when working in Toronto.
Single-family detached homes in Toronto are often priced over $1 million according to Canada’s Mortgage and Housing Corporation. Condos usually fall in the range of $400,000 to $600,000 depending on the neighborhood and condition. This makes it a much more practical investment when you think about your long-term ROI.
For some investors with more free cash, however, investing in a single-family home that needs work and turning it into a dream home can also make big profits. Ultimately, the choice will depend on your goals for the property and how much flexible money you have to invest.
How Much Money Do You Need to Buy a Condo in Toronto?
In the areas we covered today, most condos would be priced between $400,000 and $600,000. However, that doesn’t mean you won’t find condos above or below this price!
Condos that need serious repair will be lower; condos that are ready-to-rent could well go higher. Between your cash flow and available loans, you should expect to need around $200,000 to $300,000 minimum if you are ready to put in some renovation work.
How Do I Invest in a Condo in Toronto?
To get started on the process of finding the perfect investment property in Toronto, the best place to start is to connect with an experienced investment consultant. A consultant can help you sort out your goals, finances, and investing needs. From there, they can advise you on what type of properties might be the right choice, and your investing adventure will begin!
Conclusion
It’s important to mention that we left out a couple of areas that are just as good as those we’ve looked at in detail. Examples include St. Lawrence market area & Distillery District, Little Italy, Roncesvalles, Cabbagetown, Corktown, just to name but a few. Generally, Toronto has way too many awesome neighborhoods to invest in.
As an investor, you have plenty of areas to choose from, each with its own unique attributes. If you are stuck at making a selection or just not sure where to buy a house in Toronto, you can always enlist the help of an investment consultant, preferably one based in the city.
With their advice and other forms of assistance, you stand a better chance of not only finding the best places to invest in real estate in Toronto but also navigating all the procedures involved in making your dream investment come true.

On a recent drive from Toronto to Niagara Falls, Andrew la Fleur came to a shocking realization that reinforced his belief that every investor should own real estate in the downtown core of Toronto. Also, hear Andrew’s advice for anyone thinking about buying a house in the GTA.



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The accelerated commitment will fund a new North Carolina campus and job-creating investments in innovative fields like silicon engineering and 5G technology



Apple plans to make new contributions of more than $430 billion in the US and add 20,000 jobs across the country over the next five years.
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Cupertino, California Apple today announced an acceleration of its US investments, with plans to make new contributions of more than $430 billion and add 20,000 new jobs across the country over the next five years. Over the past three years, Apple’s contributions in the US have significantly outpaced the company’s original five-year goal of $350 billion set in 2018. Apple is now raising its level of commitment by 20 percent over the next five years, supporting American innovation and driving economic benefits in every state. This includes tens of billions of dollars for next-generation silicon development and 5G innovation across nine US states.
“At this moment of recovery and rebuilding, Apple is doubling down on our commitment to US innovation and manufacturing with a generational investment reaching communities across all 50 states,” said Tim Cook, Apple’s CEO. “We’re creating jobs in cutting-edge fields — from 5G to silicon engineering to artificial intelligence — investing in the next generation of innovative new businesses, and in all our work, building toward a greener and more equitable future.”
Today, Apple supports more than 2.7 million jobs across the country through direct employment, spending with US suppliers and manufacturers, and developer jobs in the thriving iOS app economy. Apple is the largest taxpayer in the US and has paid almost $45 billion in domestic corporate income taxes over the past five years alone.
Apple’s $430 billion in contributions to the US economy include direct spend with American suppliers, data center investments, capital expenditures in the US, and other domestic spend — including dozens of Apple TV+ productions across 20 states, creating thousands of jobs and supporting the creative industry.
Establishing a New North Carolina Campus
As part of its investments and expansion, Apple plans to invest over $1 billion in North Carolina and will begin construction on a new campus and engineering hub in the Research Triangle area. The investment will create at least 3,000 new jobs in machine learning, artificial intelligence, software engineering, and other cutting-edge fields.
Apple will also establish a $100 million fund to support schools and community initiatives in the greater Raleigh-Durham area and across the state, and will be contributing over $110 million in infrastructure spending to the 80 North Carolina counties with the greatest need — funds that will go toward broadband, roads and bridges, and public schools. When up and running, Apple’s investments are expected to generate over $1.5 billion in economic benefits annually for North Carolina.

Expanding Apple’s US Operations
Apple is on track to meet its 2018 goal of creating 20,000 new jobs in the US by 2023. With today’s new commitment, Apple is setting a target of creating 20,000 additional jobs in states across the country over the next five years.

• Austin, Texas
  
• San Diego, California
  
• Seattle, Washington
  

• California: Apple continues to expand its teams across the state and now expects to grow its San Diego team to more than 5,000 employees by 2026 — a 500 percent increase from its 2018 goal. The company will also grow its teams in Culver City to more than 3,000 employees by 2026, expanding its state-of-the-art campus with additional space for these employees and more.
  

• Colorado: Apple is growing its engineering team in Boulder, and expects to have close to 700 employees at its offices in the region by 2026.
  

• Massachusetts: In 2018, Apple announced it would add hundreds of new jobs in the Boston metro area. With around 200 team members already working in the region, Apple plans to add several hundred new jobs by 2026.
  

• Texas: Construction for Apple’s $1 billion Austin campus is underway, with employees expected to start moving into the new space next year.
  

• Washington: Apple’s LEED (Leadership in Energy and Environment Design) Platinum office space in Seattle’s South Lake Union neighborhood recently opened for the company’s 1,000 local employees, with plans to add at least another 1,000 team members.
  

• Iowa: The design process is underway for Apple’s new data center, which is expected to create over 500 construction and operations jobs in Waukee. Apple is supporting community infrastructure programs, including the creation of Triumph Park, a 66-acre recreation area.
  

• Suppliers
  
• Corning
  
• II-IV
  

• Indiana: A new $100 million Advanced Manufacturing Fund investment to open a state-of-the-art facility and distribution center in Clayton, which will be operated by XPO Logistics, will accelerate delivery timelines and personalization. The award is expected to create around 500 jobs at the facility.
  

• Kentucky: Corning was the first recipient of an award from Apple’s Advanced Manufacturing Fund, and has received $450 million to support research and development into state-of-the-art glass processes, equipment, and materials. These awards led to the creation of Ceramic Shield, a new material that is tougher than any smartphone glass. Apple’s investment has helped support more than 1,000 jobs across Corning’s US operations in Kentucky and other facilities.
  

• Texas: Apple began working with II-VI in Sherman, Texas, in 2017 as part of the company’s Advanced Manufacturing Fund. The laser technology that II-VI manufactures in Texas, New Jersey, Pennsylvania, and Illinois are integral components that help power Face ID, along with Memoji, Animoji, and more.
  

• California, Colorado, Maine, Massachusetts, New York, Oregon, Texas, Vermont, and Washington: Apple is spending tens of billions of dollars across these nine states in silicon engineering and 5G technology — two pivotal fields shaping the future of next-generation consumer electronics. With the launch of the 5G-enabled iPhone 12 lineup and the new iPad Pro, Apple has helped expand and expedite 5G adoption across the country, driving innovation and significant job growth among companies that support 5G innovation and infrastructure. The company also recently expanded its New Silicon Initiative — designed to prepare students for careers in hardware engineering and silicon chip design — to engineering programs at Historically Black Colleges and Universities across the country.