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Best places to buy real estate in the Greater Toronto Area

by FeeOnlyNews.com
5 months ago
in Money
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Best places to buy real estate in the Greater Toronto Area
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Where to Buy Real Estate in 2025

Best places to buy real estate in the GTA

Here are the top 50 neighbourhoods for real estate purchases in the GTA in 2025. To view all the results, slide the columns right or left using your fingers or mouse, or download the data to your device in Excel, CSV or PDF format.

Source: Toronto Regional Real Estate Board

Top three neighbourhoods in the GTA

Brampton West, Brampton

In Brampton West, residents have access to a variety of parks, including the Fred Kline, Chris Gibson and Burton parks. Home to more than a dozen well-established schools, it’s an excellent choice for families. Fifty-nine percent of households have children in this area, which is above the GTA average. Brampton West has the highest value score in the GTA, thanks to below-average home prices and consistent price growth. At the end of 2024, the average price was $887,843, which was 41% higher than in 2023 and 84% higher than in 2019. 

Brampton West offers convenience, with a wide array of shopping centres, restaurants and local businesses around the corner. With a 4.6, the neighbourhood has the second-highest accessibility score among all GTA neighbourhoods. Commuters benefit from a strong public transportation network and access to major highways, including the 410.

East Credit, Mississauga

With tree-lined streets, spacious homes and well-maintained properties, East Credit attracts families, professionals and retirees alike. The neighbourhood is filled with parks, including several along the Credit River, which provide ample opportunity for outdoor activities, including hiking, bird-watching and picnicking.

At the end of 2024, the average home price in East Credit was $1,227,570—double what it was in 2019. And some of the home price growth is recent, with gains of 39% since the end of 2023. East Credit also boasts excellent amenities, including top-rated schools, shopping centres and a variety of local dining options. The neighbourhood stretches from Highway 403 to the south to Highway 401 to the north, making it easy to commute to Toronto.

What happened in the GTA real estate market?

The GTA real estate market balanced out in 2024, as a surge in listings gave buyers more options and eased the bidding wars of previous years. Year-over-year supply increased 13% for detached homes, 20% for condos and 22% for townhomes, according to the Toronto Regional Real Estate Board (TRREB). Many buyers took advantage of this dynamic to move up the property ladder without massive financial sacrifice. 

“We saw a steady transition in the market, with buyers upgrading more comfortably. At the same time, more first-time home buyers entered with greater options and the ability to conduct thorough due diligence,” says Allie Ambroz, a real estate agent with eXp Realty in Toronto and the GTA. (Zoocasa, the author of this study, is wholly owned by eXp World Holdings.)

Despite buyers gaining more leverage in 2024, the market remained highly price-sensitive. Downsizers found solid demand for spacious homes, but many other sellers waited for the market to turn in their favour. “Many sellers who didn’t have to sell simply waited,” Ambroz says. “Those who did had to negotiate.”

Many first-time buyers were cautious and held firm to their budgets. Once a luxury in hot markets around the GTA, negotiation made a strong comeback. This brought conditional offers involving financing and home inspections back to the forefront. Ultimately, many buyers were patient and avoided rushing in with knee-jerk offers.

What’s next for real estate in the GTA?

With more homes for sale in 2025, Ambroz sees buyers prioritizing well-priced homes with great features rather than rushing into purchases. As the market cools, buyers and sellers will negotiate more frequently, particularly over mid-range homes. Sellers are adjusting to this shift. 

“It’s becoming more common to terminate a listing and relist a few months later, either at a higher or more competitive price to attract buyers,” Ambroz says. “Sellers may list their home at a high price to allow for negotiation, or at a low price to draw in more buyers and trigger a bidding war.” 

With affordability a key concern across the GTA, strategic buyers will win out in 2025. Savvy buyers are securing condos at reduced prices from sellers eager to close. Buying at a discount today can lead to higher returns in the long run since property values typically rise over time.



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