Why Invest in The Junction Real Estate?

One of Toronto’s most vibrant neighborhoods, The Junction is called after its geographical location: the intersection of four railway lines in the region, and its surrounding area, the Junction Triangle (extending from its main strip of Sterling Road to Lansdowne). Home prices in this area have not been affected as much as in the central core, which has affected the diversified population, which includes young professionals and artists, couples, and families. The Junction is quickly establishing itself as Toronto’s newest neighbourhood. As a result, it makes sense to invest now in new condo developments while the market is still reasonably low. It will be a decision you will not regret.

List of New Condos in The Junction Neighbourhood

Why Buy New Condo Developments in The Junction?

Prices haven’t yet risen as much in The Junction as they have elsewhere in the city, making it more reasonably low in comparison to the rest of Toronto. There is no assurance that prices will remain this low, therefore now is an excellent time to invest while prices are still low. According to research, real estate prices increased by 18 percent during the same time period in consecutive years. This gives you even more reasons to buy now before prices rise higher and expect a significant return on your investment in a few years.The neighbourhood also provides you with a variety types of properties to pick from when investing. You may choose between the most common form, detached home, or a new condo development, which is increasingly popular among young professionals. The continued development of new condos in the neighbourhood also guarantees population expansion, making investment now an excellent choice. With the present pace of population growth, you will have no trouble finding a tenant after investing. You would have the pleasure of making monthly revenue through rent. Given the pattern of rising real estate values in Toronto, you may likewise anticipate a significant growth for your house in a few years.

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The Junction Neighbourhood

In the Junction, you’ll discover restaurants that serve every cuisine you love. The neighbourhood is a fantastic location to dine, and new restaurants are always emerging. For upscale pub food, you can go to Indie Alehouse. If you like contemporary Italian cuisine, there is Nodo Junction; and North of Bombay are also favourites in the area for Indian culinary delights. Needless to say that many local hotspots also provide takeout and delivery services. For shopping, St. Clair West also offers more suburban amenities such as Stockyards Centre. The Junction is well-known for its furniture and design stores. There are no shortage of selections on the nearby Dundas West strip, from Door Number Two (for rare antiques of all kinds) to Haveli Home (for elegant Indian pieces). Visit Mjolk for something genuinely unique. Furniture and housewares designed by Scandinavian and Japanese designers are available here. Simply said, the Junction is one of the greatest locations to be in Toronto when it comes to decorating a new condo/house.

Average Condo Price for The Junction in 2022

There are not many new condo developments built yet in The Junction. The neighbourhood is driven by detached homes, which account for almost 40 percent of sales, followed by condos accounting for 33 percent, and semi-detached houses accounting for 12 percent. The majority of the homes here are three-bedroomed two-storey houses. The average selling price in The Junction over the past year was $827,149, up 18% from the previous time frame. Over the past year, the average price for a condo was $530,850, while the average price for a freehold home was $1,107,026.

Transit and Accessibility in The Junction

Transit options are another selling point of The Junction. The bus services on Symington Avenue, Lansdowne Avenue, Dundas Street, Dupont Street and Keele Street make it easy to get about .Keele, Lansdowne, and The Symington buses link to stations on the Bloor/Danforth subway line, while the Dundas and Dupont buses connect to the Yonge/University subway line. You can get yourself downtown in just 20 minutes. Drivers may also quickly reach the downtown core by using one of the main streets.

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