I have listed a new property at 572 Murray Meadows PL in Milton.
** Beautiful And Clean Freehold Townhouse In Sought After Clark Area. ** Functional Open Concept Layout Featuring 9' Ceilings On Main Floor. Close To Schools, Transit, Parks, Go Station And Much More. Large Master Bedroom With 5 Piece Ensuite Bathroom And Walk-In Closet. Go Station 5 Mins Drive. Easy Access To 401 & 407 A++ Tenants Only. **Bsmt Is Already Rented And Not Included**
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I have sold a property at 8 6020 Derry RD in Milton.
2 Bedrooms; Each Has Ensuite Full Washroom. Living Room Is Walkout To Patio For Bbq. Modern Kitchen & Spacious Dining Room & Powder Room. Beautiful Layout. Huge Windows In Every Room. Lots Of Brightness. Walking Distance To School & Park. Close To Hospital, Shopping & Public Transportation.Fridge, Stove, Bi/Dishwasher, Bi Microwave, Washer, Dryer, C.Ac, Central Vac. Broadloom Where Laid, Existing Window Coverings.
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Which Type of Property Increases in Value The Most? The Answer Has Changed!

Every once in a while, a buyer will ask us the best type of property to buy.  Or the best area.

First off, we really suggest you buy for your own needs first and foremost.  But it is useful to know the facts.

When buying a property, it’s always good to look at trends. 

What it looked like in 2011

Have a look at this chart from a 2011 Treb Market. It shows that detached homes were the fastest appreciating properties in the Greater Toronto Area (GTA).

All of the properties are subject to similar market fluctuations up and down, and you can see the apartment, row (townhouses) and semi-detached were all increasing at similar rates.  But if you were going to pick a “horse” in this race, it’s the single detached properties.

Now, let’s fast forward to 2021

Have a look at this chart from a 2021 Treb Market. The top winner is condo apartments followed by townhouse. There is a definite decline in both detached and semi-detached homes.

As cities, try to urbanize, the push to more dense residential zoning will push this trend ever further.

So buy based on your needs, and see the big picture that smaller and smaller properties will continue to be the most popular options for buyers in the future, particularly for the large wave of millenials and downsizing Baby Boomers in the next 5-10 years.

Detached homes will still be in demand, but it’s possible that demand will be reduced in the upcoming years and prices could remain flat.
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