REASONS TO BUY
POPULATION GROWTH & ECONOMIC PROSPECTS
Scarborough, located in the eastern district of Toronto, the largest city in Canada, is home to over 2.7 million people and continues to experience growth. With projections indicating a need for an additional 259,000 new homes by 2031 to accommodate Toronto's expanding population, but only an estimated 157,800 homes expected to be provided, a shortfall of over 100,000 homes is anticipated. This shortage will drive up demand for existing housing, leading to increased real estate values and rental rates.
Toronto's status as a world-class city is underscored by its vibrant economy and exceptional living standards. Internationally recognized as the most diverse and multicultural city in the world, it serves as a beacon of inclusivity. Moreover, it stands as a hub for innovation, boasting the second-largest financial center in North America and one of the fastest-growing tech sectors on the continent. With three esteemed universities—University of Toronto, Toronto Metropolitan University, and York University—Toronto further solidifies its reputation as a center of academic excellence.
Prime LOCATION
Scarborough offers a multitude of transportation options, including TTC bus transit, GO Transit, subway transit, and access to Highway 401, facilitating convenient travel to downtown and various GTA areas. Presently, the city is expanding Line 2 subway service by nearly 8 km into Scarborough, promising efficient transit for commuters journeying to and from the downtown core, as well as within Scarborough itself. Moreover, numerous stations along the upcoming Eglinton Crosstown LRT will soon be operational, significantly reducing travel times across the city by up to 60%.
Positioned advantageously, Scarborough provides swift and hassle-free access to Toronto's vibrant downtown core via both private and public transportation options, rendering it an appealing residential choice for those desiring suburban tranquility without sacrificing urban conveniences. Bounded by the picturesque Lake Ontario, Scarborough boasts an array of parks, trails, and beaches offering stunning waterfront vistas, including the iconic Scarborough Bluffs and the serene Rouge National Urban Park. Furthermore, within its boundaries lie notable landmarks such as the expansive Scarborough Town Centre, the premier shopping destination in Toronto's eastern precincts, the renowned Toronto Zoo, and the esteemed University of Toronto Scarborough Campus.
TRUSTED DEVELOPER
Insoho Developments stands as a distinguished developer with an impressive track record spanning over four decades in the industry. Their expertise is renowned, with accolades such as being honored by the prestigious industry organization BILD for their exceptional work in crafting one of the Greater Toronto Area's premier new communities, the contemporary detached residences of WE26 situated north of Eglinton on Warden.