The Cost of Homes in the Toronto Top School Boundaries

If you live in Toronto, it will not come to you as a big secret that prices for real estate here grow more and more high every single day. What is surprising, though, is that homes placed in the area of elementary and public schools cost several thousands of dollars. Data collected via Zoocasa’s school search function shows that premium for living in close proximity to the best schools in Toronto can rise up to $800,000.
The high price for living near the schools in Toronto can be explained by the fact that such homes are in high demand as parents strive to get their children into a highly-regarded educational institution even during the downturns in the economy.
In order to help Canadians who face the challenge of buying a home, the infographic below shows data compiled by Zoocasa about the average sale prices of homes with three or more bedrooms in the top-rated learning institutions boundaries in six Toronto’s boroughs.

Infographic Source: https://insureye.com/the-home-price-premium-in-torontos-best-school-districts/