People Are Abandoning Toronto To Buy Homes In Niagara & It's Not Just Because Of The Wine

A realtor reveals why people are moving to Niagara.

People Are Abandoning Toronto To Buy Homes In Niagara & It's Not Just Because Of The Wine
Jiawangkun | Dreamstime
Contributing Writer

The pandemic has likely caused many people to rethink their future in the GTA, and with plenty of other cheaper, vibrant Ontario regions to choose from, some home buyers are fleeing Toronto.

Chris Knighton, team leader at Knighton Real Estate Advisors, weighed in on the issue this week, and said that Niagara is one of the most popular spots for new home buyers.

Knighton said that some of the top reasons people are choosing to leave the GTA for this spot include cheaper pricing, vibrant culture and a sense of community.

"With the ability to work from home and the expanding public transit from Niagara to Toronto, moving away from the GTA has been a popular choice for homeowners looking to stretch their dollar," Knighton said.

"We are witnessing a trend within young adults and families who recently moved to Niagara, as it offers the space, amenities and schools that growing families struggle to find in urban areas," he added.

According to RE/MAX, the predicted average house price for 2021 in Toronto is $974,015, while the prediction for Niagara is much lower at $597,181.

From Your Site Articles
house prices in ontariohomes for sale ontarioreal estate
TorontoCanadaReal EstateReal Estate
  • Patrick John Gilson

    Contributing Writer

    Patrick John Gilson (he/him) is a Contributing Writer with Narcity Media. He is a pro at ensuring his content is both exciting and tailored to millennials. He specializes in breaking news and investigative stories that require him to be on scene— something he enjoys and thrives in.

Canadians say they'd 'love' to move to this lakeside Ontario town with Victorian-era streets

It's a beautiful spot to call home.

This beautiful lakeside city under 1 hour from Toronto was named among Canada's most liveable

It has dreamy gardens and quaint shops.

Ontario's cheapest cities were revealed and you could save $26,000/year by leaving Toronto

Here's what income you need for a "comfortable" life in 36 cities across Ontario. 👇

Here's how much it actually costs to live in Toronto vs. 9 other spots in Ontario

You could save over $11K a year by moving an hour and a half away. 👀

CRA offers automatic tax filing and it could help 'put more money in your pocket'

You could be eligible for the service without even knowing it.

Lotto Max winning numbers for Tuesday, March 3 are out and there's a $75 million jackpot

Check your tickets because the jackpot has been won! 🚨

A meteor in Vancouver last night caused a giant fireball & sonic boom (VIDEO)

The sonic boom was strong enough to register on seismographs. ☄️

Canada's best grocery stores were ranked and these retailers have the 'best value'

"Best value is the expensive stores." 👀

2 Canadian tourists have died in a bus crash in the Dominican Republic

13 other Canadians were injured in the crash.

A dessert product sold at Costco has been recalled and you can get a full refund

Some ingredients could cause "potentially life-threatening" reactions.

I grew up in Vancouver — here's what other Canadians will never understand about us

If you get these, you're officially Vancouver-verified. ✅

Daughter of a Canadian woman killed in the Dominican bus crash still has no info on her dad

She first learned of the crash from her uncle, who was also on the bus.

BC's switch to permanent daylight saving time could cause chaos in some areas

From 10 a.m. sunrises to confusing time zone borders, here's why the move has some residents concerned.

Mark Carney says Canada's support for US strikes on Iran came 'with regret'

He also said the strikes appeared "inconsistent with international law."