Grant Hilborn Says Toronto Housing Market Showing Strong Demand For Locations With Access To Rapid Transit
Online, December 14, 2010 (Newswire.com) - As commuters battle with increased traffic gridlock both to and from Toronto's downtown core, neighbourhoods with easy access to the subway and rapid transit continue to show strong increased demand says Grant Hilborn of ReMax Ultimate Realty Inc.
Areas such as the Annex, Riverdale, and the Beach in the east end of the city are all showing signifigantly higher pricing as a result of buyer's willingness to pay an added premium for easier access to their workplace.
Even newer infill areas such as the Warden Woods development across from the Warden Subway Station just north of the Beach are setting new records for pricing says Grant Hilborn, a twenty-five year veteran of the Toronto housing scene, who just sold two homes there at record highs. The ability to walk to the subway and access local conveniences within minutes makes the modern family lifestyle easier, especially with time at such a premium. This is why prices will continue to move upward in these areas he added.
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