22

Keelesdale Homes For Sale

First-time Buyers can Watch Their Investment Grow
Keelesdale is still an area in transition but one worth considering for first-time buyers because values are expected to appreciate above the current annual average when the new light rail transit system is installed along Eglinton West. The new Keele Crosstown station will connect to all stations across the Eglinton Crosstown LRT including Yonge and Eglinton, which suddenly opens up Keelesdale as a commuter neighbourhood.

Also, as the community ages, we think we’ll see a lot of houses for sale in Toronto Keelesdale being sold by downsizing seniors or through estate sales. These are likely to be picked up by young families (attracted by the transit developments and affordable entry prices) and updated, bringing neighbourhood property values up.

Here’s a strong signal of this impending shift–there’s a lovely new housing development called Silverthorn Heights by Icon Homes under construction south of Eglinton West. It’s going to add prestige to the area with pre-construction prices starting at $715,000.