David Dunlap Observatory’s Housing Development: Creating New Opportunities in Canada

“Canada is practically sitting on a Real Estate bubble that has only been expanding over the years and is now being predicted to burst shortly”, this is a statement made by every other industry analyst. Irrespective of the predictions, the marketplace has managed to upsurge rather beautifully. The reason is apparent – the Greater Toronto Area or more popularly called as GTA is one major hub for businesses, drawing fresh job hunters, from sophomores to seasoned professionals across Canada and the USA. As a result, the place has become densely populated. In such a scenario, suburbs in the vicinity of GTA are emerging as the canniest alternatives. This biased shift towards the outskirts of the city is thus attributed to two reasons – open green landscapes that attract people towards the picturesque beauty of suburbs and uprooting job opportunities in the downtown area. 

Reality-check for GTA Homebuyers: David Dunlap Observatory Area Could be Your Dream Home!

This year, the Canadian real estate story has been fascinating. For starters, despite many pessimistic industry experts, the market continued its upswing, selling premium properties in densely populated locales like Toronto and Vancouver. With the weakening of the Canadian dollar, more foreign investments in the housing sector poured in. Among these unpredictable trends, something that few could have foreseen surfaced—the emergence of Suburban Homes. These properties, located along the outskirts of cities like Toronto, have caught the attention of investors and families. The reason lies in the incredible pricing advantage, new townships being developed with modern infrastructure and a vast, green expanse. One such landscape is that of Observatory Hill where migrating families look upon the popular David Dunlap Observatory as a landmark—an identity to the place they now call home!