Junction Homes for Sale
Why Invest In The Junction Real Estate
Appropriately called The Junction, the neighbourhood derives its name from the rich history of the railway. Bursting with creativity, food havens, and close-by green spaces, The
Junction homes for sale saw a spike in interest among homebuyers, young professionals, entrepreneurs, and those looking to start a family lifestyle. Here is why!
It’s all about the connection.
The Junction is one of the most well-connected neighbourhoods in Toronto. Public transportation and subway stations are easily accessible for running errands and commuting to work. A five minutes’ walk south from the Junction SQ and you will hit High Park. Because of the connectivity, you will be in the heart of downtown within 10 minutes. Furthermore, you can access any general store on foot from any location in The Junction. Isn’t it befitting?
Education
Concerning education, it is home to some of the best schools in Toronto’s west end, making it an ideal place to settle down. There are also Kids’ camps for children to boost their mental and physical wellbeing. These private camps offer effective recreational programs in convenient nearby locations.
Versatile Architecture
The
Junction homes for sale flaunt the finest architectural designs in Toronto. The red-brick Victorian houses feature expansive outdoor spaces and refined interior finishes as you stroll through the winding tree-lined streets north of Annette Street. From industrial finished revamped lofts to newly built condos and multiplexes with two or more units, The Junction real estate emanates a diversified profile highlighting unique architectural styles.
The Junction offers a broad selection of green spaces and a vibrant atmosphere. High Park is one of the premier attractions and largest park in Central Toronto for family getaways. Boasting Grenadier Pond is a perfect gathering spot for fishing in the spring and skating in the winter. If you are a keen birder, American Kestrels, Great Horned Owls, along with over 260 bird species, have been sighted there. Visiting the Farmers market with your friends is also a beautiful weekend escape to get your hands on the fresh organic produce. From exploring the different shopping arenas to soaking in the rich cultural places, it is one of the hippest places to unwind with your loved ones.
Eating in The Junction
The neighbourhood is known for its organic cafes and street fests, offering a satisfying culinary experience with a relaxed, family-friendly vibe. So if you have one of those days when making dinner isn’t an option, Venga Cucina, Pizzeria Libretto, Dirty Food Eatery and Curry Twist are all local go-to’s for an affordable family night out.
Housing Market
The Junction’s competitive housing market has shown a progressive increase by 75% over the past 12 months as the median sale price for homes has depreciated by 2.57%. The current Junction Area MLS stats indicate an average house price of $933,147. The properties have sold from 3% to 2% over the list price in the past twelve weeks. Moreover, the cap rates in The Junction are close to 3.5-4%, so if you are in the market to upgrade your real estate portfolio, this area boasts an excellent location for rental income.