If you think Toronto real estate is out of reach, you're not alone — but there's hope! A handful of Toronto neighbourhoods are flying under the radar, offering a mix of affordability, lifestyle perks, and serious growth potential.
RE/MAX Canada has highlighted these emerging areas in its latest Next Neighbourhoods Report, which focuses on places in the GTA and Greater Vancouver that are gaining momentum due to population growth, new developments, and improved infrastructure.
Compared to high-end neighbourhoods like the Bridle Path (where homes average $5 million), Lawrence Park ($3 million), or Rosedale ($2.5 million), these emerging areas provide a much more accessible entry point into the market.
They may not have made the "it list" yet, but they're steadily becoming some of the most promising places to buy, without the sky-high price tags that dominate the market.
If you're in the market for an affordable property in an up-and-coming neighbourhood in Toronto, here's a list of some areas you should be looking at.
Clairlea-Birchmount
This neighbourhood earned a spot on the list for striking a balance between urban convenience and a laid-back feel. If you like the idea of city vibes with a family-friendly twist, this Scarborough pocket is one to watch.
The Eglinton Crosstown LRT, planned to open in September 2025, will connect you with the entire GTA.
With 13 parks, 22 schools and 48 recreational facilities, RE/MAX says that Clairlea-Birchmount is ideal for young professionals and growing families.
Taylor Creek Park is also an added bonus as it brings High Park energy to the east end.
Its average home price sits at around $788,000, according to the MLS Home Price Index.
Wexford-Maryvale
Tucked into the western edge of Scarborough, this neighbourhood scores big on convenience thanks to its close access to both the Don Valley Parkway and Highway 401, making commutes across the GTA a breeze.
RE/MAX reports that nearly half the residents here are families, which adds to its warm, community-driven vibe.
Although the Eglinton Crosstown won't run directly through the area, transit options remain solid, and highway access is a significant perk.
The streets are lined mostly with low-rise, detached homes, giving it that cozy, suburban feel without sacrificing connection to the city.
Just like Clairlea-Birchmount, the average housing cost in Wexford-Marydale is around $788,000.
Don Mills and Victoria Village
Though technically two distinct neighbourhoods, Don Mills and Victoria Village are often grouped together, and it's easy to see why.
Just on either side of the Don Valley Parkway, these adjacent areas are both set to benefit from the upcoming Eglinton Crosstown LRT, which will make getting downtown faster and easier.
According to RE/MAX, the neighbourhoods are known for their arts-focused schools, mid-century character homes with big lots, and more affordable price points compared to nearby communities.
With everything from condos to low-rise and detached houses, plus leafy views along the Don River, the area offers a unique blend of space, charm, and variety.
The average house price is $840,900.
Downtown Markham
Downtown Markham is quickly becoming one of the GTA's most vibrant urban centres, boasting a diverse range of global food options, entertainment, and cultural attractions.
At its core, Gallery Square is undergoing a significant transformation, with future plans that include a new civic centre, library, community hub, and a state-of-the-art performing arts venue.
According to RE/MAX, the area is also set to benefit from the addition of a brand-new York University campus, adding even more energy (and opportunity) to this fast-growing neighbourhood.
Its average housing price is set at $1,174,900.
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Most competitve real estate markets in Ontario.