Comment 71656

By Borrelli (registered) | Posted November 28, 2011 at 09:31:30

Meanwhile, down the QEW in a market (apparently) immune to real estate bubbles, the 'burbs and beyond are still the prime destination for many Torontoians, especially those who fulfill their genetic destiny, and then quickly realize that raising a family of 5 in a 2bdrm condo is pure lunacy.

With modest townhomes going for $1M+ in tonier parts of the city, the migration of families to Toronto's burbs continues (a SFH with a backyard? Land? LAND!!!), and was captured pretty well in the August issue of Toronto Life.

From that article: "Last year, Statistics Canada published a study showing that, for every person who moved from a neighbouring municipality into Toronto, 3.5 people made the opposite move."

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