Home values on the rise in sought-after Willowdale neighbourhoods
Home to over 80,000 people, Willowdale is a very multicultural community, with well over half of all residents being immigrants and newcomers to Canada. Every year more and more of Willowdale’s original post-war bungalows and two-storey homes are demolished to make room for luxury, condominiums, townhouses and new custom-built mansions. Thanks largely to Mel Lastman, former Toronto mayor who rallied tirelessly to get the city centre built and the Sheppard subway line dug in North York, a huge increase of development has occurred in the area in recent years. Home values in Willowdale are continuously on the rise, with the average price for detached houses coming in at well over a million dollars. And as the Yonge corridor progressively develops