Description
Christie Pits homes include a variety of detached and semi-detached houses and, although they tend to be a little smaller in scale than nearby neighbourhoods like Dufferin Grove, entry prices are reasonable for Toronto making this a great neighbourhood for first-time buyers or families who are priced out of fully-matured neighbourhoods along Bloor.
The Christie Pits neighbourhood is actually under-valued in our opinion (a rarity in today's market) given its location, friendly vibe and proximity to transit and amenities. It's right beside the Annex - one of Toronto's most coveted neighbourhoods - and with the low density of freehold housing close to the core that Toronto's experiencing relative to population growth, score a great fixer-upper here and you could see your home equity soar in the coming years.
Best For
Families looking for moderately priced Toronto homes for sale close to amenities, parks and public transit.
Overview
Christie Pits was once a working class area but has matured nicely over the last few decades into a welcoming and comfortable family neighbourhood. It’s a neighbourhood that has seen slow but steady growth to date, largely due to the fact that owners tend to stay in their homes for decades and when houses are sold, they often go to young families and couples who invest further money into the properties.
Residents benefit from being within walking distance to the subway and all the amenities along Bloor and Christie Pits homes offer good value for money even in today's hot Toronto real estate market.
Why We Love Christie Pits
Willowvale Park is a hit with Families (and baseball enthusiasts)
Commonly referred to as Christie Pits Park, Willowvale Park is a large multi-use recreational centre with a pool (including water slide), playground and sporting fields. Its baseball diamond is considered one of Toronto’s best.
Kids will love the winter activities here which include skating and tobogganing.
We Think It’ll See Strong Growth Over the Next Decade
Buyers looking for fast profits from Toronto real estate investments and who are willing to take risks tend to look at areas in the early stages of transition for a long-hold strategy or areas just on the cusp of full gentrification for quick flips. However, most buyers want to live in their homes and therefore aren’t willing to relocate to areas that are still rough.
For buyers looking to live in their homes for the foreseeable future but who still want to see higher than average appreciations, Christie Pits is a neighbourhood worth discussing with your Realtor. It’s not far from high-priced areas like the Annex and proximity to prime is always a good thing. Plus, its neighbour Seaton Village was pegged years ago as one of the next Toronto areas to explode in home values and current entry prices there support this consumer confidence.
In a city that’s seen as much growth as Toronto has over the last decade, there’s little room to develop more single-family homes this close to downtown and so it’s just a matter of time before your neighbour’s above-average value appreciation trends move in your direction.
Shopping Options
Christie Pits is just a short drive to the Dufferin Mall and a short stroll to the Bloorcourt shopping strip making stocking up on family necessities a breeze.
- 40thMost expensive out of 86 neighbourhoods in West End$1.14millionAverage home value in Christie Pits-5.27%Year over year change in values
Historical Average Home Prices in Christie Pits