Why invest In Etobicoke
Etobicoke is a suburb to the west of Toronto with a population of approximately 365,143. The borders of Etobicoke are defined by Humber River on the east, Etobicoke Creek on the west and Steeles Avenue West on the north.This neighbourhood has a rich Indigenous heritage, many major corporate headquarters, a gorgeous waterfront, modern amenities and cultural and culinary diversity. This suburb is flanked by Toronto on one side and Mississauga on the other, making this area a prime waterfront real-estate neighbourhood that continues to appreciate the land and home prices as a result of this proximity. Although Etobicoke’s population density is lower than other areas in the GTA, this neighbourhood’s population is growing steadily. The suburb’s excellent infrastructure, transport and convenient availability of public and private services make it an attractive locale for families, students, professionals, home seekers and investors. The suburb’s many educational institutes attract a large number of students and young professionals from across Canada and abroad, contributing to Etobicoke’s massive potential for rental income for landlords.
Things To Do In Etobicoke
This neighbourhood’s natural beauty creates a contrast to its urban and industrial development. Etobicoke is home to green parks and natural spaces, especially along the Humber River. Some parks in the area include Centennial Park Conservatory, Elmcrest Park, Fieldway Parkette, Jackson Parkette, King's Mill Park and Humber Bay Shores Park. The waterfront provides a number of recreational attractions such as Mimico Waterfront Park, Colonel Samuel Smith Park, Etobicoke Yacht Club, Humber Bay Butterfly Habitat, Queen Elizabeth Way Monument and the iconic Humber Bay Arch Bridge. In addition to these attractions, this suburb has a lot of options for things to do for residents and tourists. Local events are hosted at various venues and the neighbourhood’s nightlife offers a great avenue for entertainment and socializing. The area’s shopping scene is widespread and features big brands as well as smaller, locally-owned boutique stores. Among the major shopping centres in the area are CF Sherway Gardens, Kingsway Mills Shopping Centre, Cloverdale Mall, Alderwood Plaza and Humbertown Shopping Centre. Etobicoke’s lakefront provides sweeping views of Lake Ontario, and is adorned by green spaces along the expanse.
Education & Employment In Etobicoke
Etobicoke is home to some prestigious educational institutes in the GTA. These include Imperial College of Toronto, Humber College, Canadian College of Business and the University of Guelph-Humber. Other renowned institutions in the GTA including the University of Toronto are easily accessible from Etobicoke by public transit or by car within a short drive. Etobicoke is an industrialized suburb, with over 18,000 businesses operating in the area in various sectors. A major chunk of these companies operate in the corporate, manufacturing, pharmaceuticals and electronics sectors. These industries are a constant source of employment for residents.
Transit & Connectivity In Etobicoke
Etobicoke is well-connected by public transport, including multiple stations of TTC buses and streetcars and GTA’s GO transit. Residents can also easily access the 400 series highways and drive to nearby municipalities in the GTA along the northern, western and eastern corridors with HWY 401, 403, 407 and 400. GO Transit stations in the area include Etobicoke North, Long Branch GO and Mimico GO.
Average Condo Price
$100,000
$100,000
Average Townhome Price
$100,000
$100,000
Average Detached Price
$100,000
$100,000
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