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Buying a Home in Scarborough

Scarborough, Toronto, Ontario is in the east of the city, bordered by Lake Ontario in the south, Victoria Park Avenue in the west, Steeles Avenue to the north and Rouge River to the east. Buying a house in Scarborough means that you are buying a Toronto home in one of the most culturally diverse suburbs of Toronto. More than half of Scarborough’s inhabitants were born outside of Canada.

Scarborough is one of the greener parts of Toronto and has many natural landmarks such as Scarborough Bluffs and Rouge River.

Scarborough boasts numerous schools and post secondary schools supported by many religions. The University of Toronto is also situated in the area.

Transportation in and out of Scarborough is easy. There are many major provincial highways within easy reach and the area has the only elevated rapid transit line – The Scarborough RT. Lester Pearson International Airport is close by.

If culture is what you are seeking, then Scarborough has the Scarborough Historical Museum, Thomson Memorial Park and the Olympia Leisure. There is also easy transport into the central business district of Toronto for those who want to work in a corporate world. Those seeking work within Scarborough should note that Toyota, Novopharm, Honda, and Aviva have major offices or factories within the area.

Scarborough is one of the cheaper areas in which to buy your home, yet it has a mixture of different home styles. From small wooden bungalows to condominiums, family, seniors or singles will find the home that they want at a pocket friendly price.

It is a charming area to live; much loved by those that like the outdoors. You can spend time trekking or picnicking in the Rouge River Valley or walking alongside Lake Ontario. You might even see deer or foxes if you are lucky.

The area has a reputation of having a high crime rate, but this is more media reporting than fact. Scarborough has less violent incidents that most parts of Toronto. The safest part of Toronto is north Scarborough from Victoria Park Ave. to the Pickering border, north of Highway 401.

Real estate is cheaper than the rest of Toronto. A family 3 beds, 2 baths home can be found for less than CAN$300,000

The first nine months of 2010 has seen an increase in real estate sales so the market is hopefully picking up once more. However house prices are remaining fairly stable so perhaps now is the time to consider buying a new home in Scarborough and moving from your old house.

 

 
 

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