20071004_mum.jpg

Urban Parenting: Changing the Face of Real Estate in Toronto


It used to be that when it came to where you were going to live, things were pretty simple. Downtown (the core) was for the young and the restless and the 'burbs were where you went once you decided to pop out a couple younglings and make a nest. Not so anymore. A new generation of urban parents are emerging that are bucking the trend.

Cue the invasion of the yummy mummys and the station wagons because the secret is out: downtown is the place to be-kids or no kids. (And this might be why it is so hard to get a semi in Leslieville these days.)

With interest rates at all time lows for the past few years, and gentrification rapidly changing nearly every neighbourhood in the city, thousands of parents are choosing to stay in the city and raise their kids here.

Living in the core certainly has its advantages. Enrollment levels are so low in most schools that parents pretty much have their pick of whatever school they want to send their kids to. Being close to everything means less time in the car driving from soccer practice to the karate lesson, and last time I checked, Mississauga wasn't planning a Nuit Blanche any time soon.

Anecdotally, I know that many of my clients who are new parents or who have child-rearing on their radar screens are considering the 'burbs only as a last resort if they can't find something moderately decent in the core in their price range. Buyers are foregoing the extra space and the yard for the convenience and quality of life that comes with living in the core.

What about you blogTO? I suspect that the average blogTO reader is 18-34 and childless, but for those of you with kids or planning on having them soon, where do you think you will be when you have them?

Photo by anya_galkina.


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in City

The only species of venomous mammal in North America calls Ontario home

Enormous lineup of hopefuls looking to apply at Toronto job fair shows reality of market

Canadians divided on 'stupid' plan forcing federal workers to attend office 3 days a week

Toronto security camera screams warnings at everyone who passes on sidewalk

The TTC just made a huge change to clamp down on fare cheats riding for free

University of Toronto places fourth above Oxford and MIT in new world ranking

Yet another Toronto highway is about to slow to a crawl for major construction project

The minimum wage in Ontario is going up next month