IS THERE
AFFORDABLE
REAL ESTATE
IN TORONTO?

townhouse rendering

IS THERE AFFORDABLE
REAL ESTATE IN TORONTO?

family in the festival graphic


townhouse rendering

Homeownership is something that many Canadians dream about.
In fact major Canadian cities have some of the highest home ownership rates in the world. According to the 2016 Canada Census, Toronto's ownership rate is around 66.5%. This puts us well above major cities in other parts of the world such as Paris (33.2%), Berlin (37.2%) and New York (51.1%)

66.5% Toronto's home ownership rate

Even though homeownership has been an achievable dream for many, rising home prices leave some Toronto residents feeling that it is out of reach. With prices for single family homes steadily on the rise, this is totally understandable. Zolo's August Real Estate Trends show a 5.8% yearly increase in pricing across the city, with the average sale price now at $826,000. The prospect of finding an affordable home option that matches your budget can be especially daunting in Toronto.


But even with all the obstacles facing Toronto homebuyers, there are still good opportunities to be found. Homeownership looks especially appealing when you consider the alternatives if you keep renting. The average cost to rent a one bedroom apartment in Toronto has now hit $2,260!! The average cost of a 2-bedroom is now $2,850. That increase is almost double compared to a decade ago. With rental rates showing no signs of slowing down any time soon, one of the best ways to ensure a more stable financial future is an ownership opportunity that fits your current situation.

The 2-storey urban towns at Reunion Crossing were specifically designed to help address the "missing middle" in Toronto's housing market. These homes keep a competitive price point, beautiful designs, and a number of excellent incentives that make owning here more affordable than you think.

Make those first years of home ownership easy!

1 YEAR FREE MAINTENANCE ON THE SKY
COLLECTION URBAN TOWNS AND


2 YEARS FREE MAINTENANCE ON THE GARDEN
COLLECTION URBAN TOWNS.


If you would like to learn more about the homeownership opportunities at Reunion Crossing, visit our Presentation Centre at 1980 St. Clair Ave. W. Unit A127. You can also call us at 416-546-7357 if you have any questions!


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SALES REPRESENTATIVE

Natalie Baksh
admin@reunioncrossing.ca
(416)-324-5479

Illustrations are artist’s concept only. Map not to scale. *Prices and specifications are subject to change without notice. See sales representative for details. Brokers protected.
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