The home buyer might want to consider the up and coming area of Ossington Bloor. Real estate in the area is likely to benefit from increased value. The Ossington Bloor area has made quite a turn-around in the last decade, a main reason being that it became a lower cost commercial rent alternative in comparison to the nearby Queen St. West neighbourhood. Boutiques, yoga space, bars and galleries emerged as a result, as well as new condominium development.
Area residents have nearby hospitals, transit, schools and shopping. For those currently considering investing in real estate in this multicultural and progressive community, this could mean increased home value in the future. Ossington Bloor real estate values are likely on the rise.
Sources:
http://urbantoronto.ca/showthread.php?3764-Ossington
