{"id":339,"date":"2011-08-30T22:25:42","date_gmt":"2011-08-31T02:25:42","guid":{"rendered":"https:\/\/steveroblin.com\/?p=339"},"modified":"2023-11-28T16:23:48","modified_gmt":"2023-11-28T21:23:48","slug":"torontoexodus","status":"publish","type":"post","link":"https:\/\/steveroblin.com\/torontoexodus\/","title":{"rendered":"Toronto Exodus??? Article stirs debate."},"content":{"rendered":"
<\/a> Is Toronto too costly, too crowded? Does Toronto only work for the rich or the childless?\u00a0Do the benefits to leave outweigh the costs to stay? The cover of this months Toronto Life depicts a young family happy with their decision to ditch the 416 for a smaller town where “the houses are bigger, the people […]<\/p>\n","protected":false},"author":3,"featured_media":340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-posts"],"acf":[],"yoast_head":"\n
\nIs Toronto too costly, too crowded? Does Toronto only work for the rich or the childless?\u00a0Do the benefits to leave outweigh the costs to stay?
\nThe cover of this months Toronto Life depicts a young family happy with their decision to ditch the 416 for a smaller town where “the houses are bigger, the people are nicer and the comunte doesn’t suck”. \u00a0 This is the focus of Philip Preville’s article “Exodus to the Burbs” found in the September issue of Toronto Life.
\nRead a snippet of the article\u00a0here<\/a>
\nWhile there is no denying that your money does go farther in cities like Dundas, Creemore and Cobourg (which despite claims in the article are not suburbs of Toronto, but that is another topic). \u00a0Some of the arguments made by Mr. Preville are stirring up quite the debate<\/a>.
\nMr. Preville discusses a statistic from Statistics Canada where he states that \u00a0between 2001 and 2006, 224,000 Torontonians left for the suburbs. \u00a0This while 60,000 made the opposite move, going from the “burbs” to the “Big Smoke”.
\nAs\u00a0a former resident of Toronto my wife and I are one of the 224,000. \u00a0We decided that when we were ready to purchase our first home we didn’t want to compete with 20-30 other offers, pay way over asking and put ourselves behind just when we were about to start out. \u00a0 So we decided to “take a chance” and move to where our money went further, Dundas, Ontario. \u00a0And we haven’t looked back since.
\nHere in Dundas we were able to get our first house for 150,000-300,000 less than our friends that decided to stay in the city. \u00a0 We \u00a0still enjoy Toronto but much prefer everything that a small town has to offer. \u00a0This includes a warm community feel, access to nature and hiking at our doorstep and of course lower mortgage payments.
\nThere are many great opportunities to invest in the Dundas, Hamilton, Ancaster and surround areas. \u00a0 Whether it is an income property or you want to join the “migration” give the outlying communities a good look!
\nWhat do you think? Leave a comment to discuss.
\n <\/p>\n","protected":false},"excerpt":{"rendered":"