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Top 10 Most Affordable Areas to Move in the Greater Toronto Area
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March 10, 2023It can be challenging to relocate to a new place, especially when trying to find a cheap home. Despite the high cost of living in the Greater Toronto Area (GTA), there are still some affordable areas to look into. We’ll look at the top ten cheapest places to relocate in the Greater Toronto Area in this blog post.
1. Oshawa
East of Toronto, Oshawa has some of the GTA’s most reasonably priced home alternatives. It’s a great place for anyone wishing to start a family or buy their first house because the average cost of a detached property is around $600,000.
2. Brampton
Northwest of Toronto is where the suburban city of Brampton may be found. It provides a range of reasonably priced housing choices, such as townhouses and semi-detached houses. In comparison to the average price of a property in Toronto, Brampton’s typical home price is about $700,000.
3. Scarborough
Scarborough, a dynamic and multicultural community in Toronto’s east end, provides young professionals and families with inexpensive housing options. One of Toronto’s more affordable neighborhoods, detached homes here typically cost around $850,000.
4. Etobicoke
Etobicoke, which is part of Toronto’s west end, has both residential and commercial neighborhoods. Families and first-time homeowners favor it because of the accessible housing alternatives. In Etobicoke, detached homes typically cost around $1 million.
5. Mississauga
West of Toronto, in the suburb of Mississauga, is the city of Toronto. It is one of the biggest cities in the GTA and provides a range of reasonably priced housing alternatives, such as condos, townhouses, and detached homes. In Mississauga, houses typically cost roughly $1.2 million.
6. Ajax
Ajax, a tiny town east of Toronto, provides a less expensive option to living in the city. Ajax’s detached homes typically cost around $900,000, making it a desirable choice for families and first-time homebuyers.
7. Pickering
East of Toronto, there is a suburban city called Pickering. Due to its accessible position to the city and reasonable housing alternatives, it’s a preferred place for families. In Pickering, detached homes typically cost around $1 million.
8. Markham
A suburb of Toronto, Markham is found to the north of the metropolis. Families prefer it because of the top-notch schools and convenient services in the neighborhood. Living in Markham, where detached homes typically cost roughly $1.3 million, is nevertheless less expensive than doing so in downtown Toronto.
9. Kingston Hill
A suburb of Toronto, Richmond Hill is found to the north of the city. Families find it to be a desirable place because of the community’s attractions and reputation for top-notch schools. In Richmond Hill, detached homes typically cost around $1.5 million.
10. Vaughan
A suburban community just north of Toronto is called Vaughan. Families prefer it because of the top-notch schools and convenient services in the neighborhood. In Vaughan, detached homes typically cost roughly $1.6 million.
In conclusion, people wishing to relocate to the Greater Toronto Area can find a wide range of cheap housing options there. There are various areas to take into consideration that offer cheap living options, regardless of whether you’re a first-time homebuyer or a family searching for a new home. It’s crucial to do your homework and pick the neighborhood that best suits your needs and budget; the list above is only a starting point.
