Toronto Neighborhood Spotlight – The Area with the Fastest Rising Property Values
Below are the 5 areas in Toronto with the fastest-rising property values:
Corso Italia – Davenport
11% Y/Y change
Avg. price in 2011: $466,783
Avg. Price in 2015: $673,014
Yonge-Eglinton
11.32% Y/Y change
Avg. price in 2011: $899,866
Avg. price in 2015: $1 mil
Centennial Scarborough
13.28% Y/Y change
Avg. price in 2011: $455,705
Avg. price in 2015: $675,161
Malvern
13.73% Y/Y change
Avg: price in 2011: $285,601
Avg: price in 2015: $353,112
Rouge
13.73% Y/Y change
Avg. price in 2011: $418,356
Avg. price in 2015: $585,736
Info courtesy of Toronto Life (2016)