Everything You Need To Know About Buying A Home In Humber Valley

Humber Valley is one of the most exclusive and desirable neighbourhoods in Etobicoke with some of the most expensive real estate in the west GTA. It’s not a surprise that over the last couple of years, home prices have been on the rise as demand for properties outstripped the available supply of homes for sale in this area.

A Sudden Change To The Market

However, you may have heard recently that the market has shifted. With all of the media buzz regarding interest rate hikes and rising inflation, consumer confidence has dropped. Many people are now hesitant to invest in a large purchase like a house.

Suddenly, competition between buyers has dwindled, and the news has prompted more homeowners to list before the market drops off even further.

As a result, there are now more houses available for buyers to choose from, even in the enviable Humber Valley area!

Has the time come to begin searching for your new home? Here are some other posts you may find helpful:

• Our Advice For Buying A Home In Etobicoke in 2022
• The Thompson Sells Process For Buying A Home
• Etobicoke Real Estate? Then and Now

Not only are there more listings now, but there is also less competition as many prospective buyers drop out of the market. This means fewer bidding wars, and homes are taking longer to sell.

The Time Is Right For Buyers

After years of bidding wars, multiple offers and houses selling way over list price, it’s now time for buyers to be in the limelight.

Take a look at a few of the recent changes in the market:

• For years, most homes were SOLD with an offer night. This meant that buyers were competing with other buyers for the property. Today more homes are being SOLD with offers anytime versus an offer night. Buyers now can purchase a home without competition from other buyers!
• In the past, homes in this area were selling well above the list price. Today, that average price is actually under the list price

There is no question about it – this is an exciting time for buyers.

Why Buy in Humber Valley?

Humber Valley is a beautiful, scenic neighbourhood that is especially popular with professionals and families with young children. It is one of the safest places in Toronto to raise a family, and not just because there is very little crime. Humber Valley is a relatively quiet area in the city. The streets are safe with very little traffic. To top it all off, there are many parks and green spaces for children to play in where they are out of harm’s way.

The neighbourhood has a warm sense of community where people come together and watch out for each other. However, larger than average-sized lots ensure plenty of privacy and quiet when you want it.

Top Rated Schools

Humber Valley ranks highly when it comes to education. You’ll have your choice of top-rated, private, public and Catholic schools for your child. Kingsway College School is an excellent private school for children from pre-kindergarten to grade 8. Their innovative teaching methods are designed for academic results, with a focus on persistence, resilience and leadership skills. The Kingsway College Senior School launched in the fall of 2021 with Grade 9 and the school grow to include grade 12 by 2024

Humber Valley Village Junior Middle School is a highly desired public elementary school in the area. It has an 8.5 rating by the Fraser Institute and places 149 out of 3037 schools. A computer lab, music room and science lab help students receive a well-rounded education, and two gymnasiums encourage children to stay healthy and active.

The Convenience

Beautiful, safe and convenient? Humber Valley truly offers it all. You’ll find everything you can possibly need right in the neighbourhood. The Humbertown Shopping Centre is the go-to retail outlet in the area, where you’ll find grocery stores, hair salons, bakeries, pet supplies, banks, pharmacies and restaurants. If you’re looking for a more expansive shopping experience, head on over to the Kingsway Mills Shopping Centre, where you’ll find free parking and more than 15 stores to browse.

Commuting to and from Humber Valley is a breeze. You’re 25 minutes away from downtown Toronto, and have easy access to the QEW and the 401. If you prefer not to drive, public transit is convenient and affordable. Most homes in Humber Valley are in close proximity to the Islington or Royal York Subway Stations.

There’s too much to say about our neighbourhood to squeeze into one post! Here are 5 More Things That We Love About Humber Valley.

The Must-Sees of Humber Valley

If you love experiencing the joy of nature, then Humber Vally is the perfect place to call home. James Gardens is one of our most beautiful attractions, and it’s free to visit! Stroll down the stone pathways as you take in the tall trees and well-kept flower gardens. In the summer, you might try your hand at lawn bowling. In the winter, strap on your skis for a cross-country adventure!

Do you love hiking? You’ll spend many long afternoons exploring the forested trails of Lambton Woods. 

Golf enthusiasts will find a home away from home at the St. George Golf & Country Club. Well-designed courses have earned St. George a reputation as one of the finest golf clubs in the country.

Real Estate in Humber Valley

Humber Valley offers a wide variety of real estate options, ranging from $650,000 to $8 million. You’ll find cozy bungalows, modern architecture, majestic Colonials and Tudors, English Cottages and even newly built condos. Humber Valley is such a highly desired neighbourhood that listings get snapped up quickly even as the overall market slows down. 

Do you want to see what properties are available in Humber Valley and Etobicoke right now? You can view our listings right here.