Original article via BuzzBuzzHome.
One of the questions I get asked more often is: What is the next hot market? In 2010, I said Toronto’s downtown east — it made no sense to me that projects a ten minute walk east of Yonge Street were selling for $475 per-square-foot, while projects in the west end were selling for over $600 per-square-foot. I could see that the Regent Park revitalization, expansion of Ryerson University, transformation of the West Don Lands and the waterfront, and popularity of the Distillery District would help boost values. Sure enough, sites in the east end that developers wouldn’t have looked at eight years ago are now selling at $1,000 per-square-foot.VIEW ORIGINAL ARTICLE