Hiilcrest Village is a family oriented midtown Toronto neighbourhood in great demand with homebuyers. It is affordable by midtown standards and the neighbourhood amenities are superb. Some of these neighbourhood attractions include Hillcrest Public School, Hillcrest Park, and the landmark Wychwood Barns which hosts many artistic and cultural events as well as a popular Farmers' market that is open year round. The Hillcrest Community Centre and Wychwood Public Library are also neighbourhood landmarks. 

The TorontoNeighbourhoodGuide.com real estate sponsors for this neighbourhood are Michael Loewith and Jennifer Greenberg, Sales Representatives with Harvey Kalles Real Estate Ltd. For prospective homebuyers in this neighbourhood Loewith and Greenberg point out: "The housing market in Hillcrest is strong. As with many neighbourhoods in and around the City core, Hillcrest has become a destination for the young professional couple. With its ease of transport to and from downtown and all the major highways, Hillcrest has become a neighbourhood on the rise. With the influx of young families moving and renovating homes, Hillcrest has enjoyed a cultural, social and commercial revitalization.

In the last 12 months fifty Hillcrest Village houses were sold. These sales ranged from an entry level price of $400,000 to all the way over $1.2 million. The average price of a house in this neighbourhood is currently $638,000. House sales under the neighbourhood average consisted mostly of semi-detached starter homes on narrow lots. Most of these homes do not have driveways, however parking is quite often available off a laneway at the rear of the property. Detached houses start in the $700,000 range. These are architecturally whimsical two and three storey houses with pretty front porches and street facing roof gables with inset dormer accents.

Loewith and Greenberg attribute the surge in real estate in Hillcrest to the following: "People are choosing Hillcrest as their home for many reasons. Location as we all know in real estate is key. Hillcrest is situated 10 mins from downtown and the 401. Today, Hillcrest has become a destination and cultural centre providing, great new shops and restaurants, leading edge schools, and its thriving arts community and weekend farmers market.

Hillcrest Village real estate is poised to take off with the recent completion of the St. Clair streetcar line which has helped to revitalize this entire area. Many excellent restaurants and retail shops have recently moved into the area. The growing popularity of this neighbourhood is evidenced by the fact that houses in Hillcrest Village have been selling on avaerage in just 14 days and the list to sale price ratio achieved on these sales has been an impressive 103%. 

Loewith and Greenberg add: "The social hub of the Hillcrest neighbourhood has become The Artscape Wychwood Barns or (The Barns). The huge repurposed barns cover a massive 5,574 square meters (60,000 square feet!) and house space for artists, public green areas, a conservatory, and a must visit weekend farmer's market. Located within blocks of several “destination” restaurants, shops, and the St Clair street car, The Barns has become not only a weekend hot spot, but a cultural and social meeting place for the community".

With so many great amenities and a prime midtown location it is no wonder that this neighbourhood has emerged as a hot spot for Toronto homebuyers looking for value close to the downtown core. 

(c) www.TorontoNeighbourhoodGuide.com

* Michael Loewith and Jennifer Greenberg sales representatives with Harvey Kalles Real Estate Ltd. are the TorontoNeighbourhoodGuide.com real estate sponsors for the Hillcrest Village neighbourhood. Michael and Jennifer can be contacted at their email: m@loewithgreenberg.com or direct 416-857-2697 or through their office 416-441-2888

The information shown here is complied from source data obtained from the Toronto Real Estate Board. It is presented here for information purpose only. All data are subject to updates and revisions. The author assumes no responsibility for the accuracy of any information shown.