Scarborough Real Estate Agent Juvan Mariathasan can explain your options.
Reason why Toronto Real estate is expensive.
Foreign Investments, Access to goods and services ,
Public Transportation, Development / Construction.
Supply vs Demand;
The old city of Toronto is entirely surround by the “inner burbs” that are in tern completely surrounded by the “outer burbs” (with an exception for where Scarborough bumps up against the Rouge Valley). This means that there are no lands available for new development and instead old areas must be redeveloped. This has the effect of restricting the supply of housing while there is a high demand for houses. When more people want to buy homes than there are homes available, prices go up.
Move out of the city
Toronto is expensive, especially for first-time home buyers. But considering a move out of the city doesn’t mean trading in your downtown Toronto neighborhood for “boonies-style-living”.
Over the past two years, I have helped a considerable amount of people realize their home buying dreams in areas just outside and around the city.
Scarborough’s borders are Victoria Park Avenue (North York, East York, and Old Toronto) to the west, the Rouge River, the Little Rouge Creek and the Scarborough-Pickering Townline (Pickering) to the east, Steeles Avenue (Markham) to the north, and Lake Ontario to the south.
Some of these areas, including East Scarborough (Port Union Area), Pickering, Ajax and Whitby, and in great school districts. They have local festivals, beautiful parks, and amazing restaurants. In some more outlying areas, transit can even be faster and more reliable than in more central locations. Many of us don’t even considered moving out of the city until someone can show them how much further their money could go in the surrounding GTA.
At the end of the day, you need to figure out what’s most important to you and then consider what strategy is going to help you achieve your goals. Do you actually like the benefits of city living or are you just afraid of commuting? Are you planning on any major life changes in the coming years? Is owning a home important to you or just another societal expectation that you couldn’t care less about?
Buying a home in Toronto is a huge decision, make sure you are weighing all the pros, cons, and financial implications of your potential decisions. I can help you in every step to be your professional guide on acquiring your dream home.
A bit more about Scarborough
A train on Line 3 Scarborough leaving Kennedy Station
Scarborough is at the eastern terminus of Line 2 Bloor–Danforth of the Toronto subway system. There are three subway stations in Scarborough: Victoria Park, Warden, and Kennedy. Beginning at Kennedy station, Line 3 Scarborough, also known as the Scarborough RT, runs north and east toward Scarborough City Centre. It runs at grade for two stops until Ellesmere Road where it becomes elevated until it reaches its terminus at McCowan Road. Feeding the rapid transit stations are the extensive bus routes operated by the Toronto Transit Commission (TTC) in Scarborough. Metrolinx is planning an extension of Line 2 to Scarborough City Centre and the closure of Line 3 due to its aging infrastructure. Line 5 Eglinton is a light rail line under construction, which will have its eastern terminus at Kennedy station.
Two commuter rail lines operated by GO Transit run through Scarborough connected by seven stations. The Lakeshore East line runs across the south end of the district, while the Stouffville line runs north-south in the west end of Scarborough. GO Transit also has a few bus terminals and stops in Scarborough.
Roads and highways
The arterial roads of Scarborough were laid out on a grid system of north-south and east-west. Kingston Road and Danforth Road were laid out prior to the surveying of the township, and both run diagonally in a southwest-northeast direction across the south end of Scarborough. From north to south, the major east-west arterial roads are Steeles Avenue, Finch Avenue, Sheppard Avenue, Ellesmere Road, Lawrence Avenue, Eglinton Avenue and St. Clair Avenue. From west to east, the major north-south arterial roads are Victoria Park Avenue, Pharmacy Avenue, Warden Avenue, Birchmount Road, Kennedy Road, Midland Avenue, Brimley Road, McCowan Road, Bellamy Road North, Markham Road, Neilson Road, Morningside Avenue, Meadowvale Road and Port Union Road.
Kingston Road was formerly Ontario Highway 2, and was the main highway through Scarborough until the building of the Highway 401, which runs east-west across the middle of Scarborough, with six to eight lanes in each direction. The short, minor freeway Highway 2A runs parallel to Lake Ontario in the eastern part of Scarborough. In the 1960s, Metropolitan Toronto planned to build a second east-west highway across Scarborough. It was intended to link Highway 2A with an eastern extension of the Gardiner Expressway. The highway, known as the Scarborough Expressway, was cancelled due to public opposition.
Water, sewage and hydro
Scarborough’s drinking water is supplied by the R.C. Harris Filtration Plant at the foot of Victoria Park Avenue and the F.J. Horgan Filtration Plant. The F.J Horgan Filtration Plant was built in 1979 and was formerly known as the ‘Easterly Plant’. Upgrades completed in 2011 allows it to process up to 800 Megalitres/day and it will also be the first plant to replace chlorine with ozone as its primary cleansing method. Wastewater for Scarborough is treated at the Highland Creek Water Pollution Control Plant. This plant was constructed in 1954 and started processing in 1956. It has undergone continual expansion to meet ongoing demand. Electricity is mainly provided in Scarborough by Toronto Hydro.
Early garbage collection in Scarborough was performed by individual communities and dumped in local landfills which were located in nearby ravines. In 1967 waste collection was reorganized. Local landfills were closed and most of the garbage was directed to a new landfill on Beare Road in eastern Scarborough. This dump was eventually closed in 1981. A waste transfer site was constructed near Markham Road and Sheppard Avenue East. From there garbage was trucked to the Keele Valley dump in Vaughan and the Brock Road dump in Pickering. In 2002 the Keele Valley landfill was closed. As part of Toronto’s overall waste management, garbage was then trucked to Michigan. This arrangement lasted until 2010 when garbage was sent to the new Green Lane landfill site in Elgin County.