Significant infrastructure investments, especially in transportation, are improving neighbourhoods across traditionally undervalued urban and suburban areas, according to REMAX’s Next Neighbourhoods Report.
The report specifically explores ten real estate regions across Greater Toronto and Greater Vancouver—two areas experiencing population growth more than three per cent annually.
“New transportation links, often developed alongside housing, are transforming once overlooked and undervalued neighbourhoods into magnets for buyers seeking shorter commute times while achieving better affordability,” said Don Kottick, president of REMAX Canada. “Expanding access strengthens connectivity in community and creates excellent potential for long-term liveability and value.”
Greater Toronto Area
Scarborough remains one of the most undervalued areas in the region. For decades, many have harboured misconceptions about Scarborough due to a variety of outdated biases, however, it’s incredibly safe, has a diversity of housing stock and many positive attributes, including a renowned performing arts school with students coming from across the city to attend.
“Rapid development of construction has improved affordability in Scarborough communities,” says Cameron Forbes, RE/MAX Realtron Realty Inc. “The average price of a Leaside/Don Mills home–a neighbourhood that’s seeing thousands of units coming onto the market–costs a lot more than Clairlea-Birchmount, easily upwards of $300,000. With studios, one-, two- and three-bedroom units also coming on the market soon, combined with vibrant independent businesses, restaurants and cultural vibrancy, there are lots of attractive options for homebuyers.”
East York has also seen rapid population and infrastructure growth, which has improved affordability, especially with studios and larger condominium units now available. Buyers in the area are more focused on proximity to public transit, and the expected opening of the Eglinton Crosstown this fall will have a significant impact on the desirability of the east end, particularly pockets around Birchmount, Victoria Park, Warden and Wexford.
“Expansions like the Eglinton Crosstown and Ontario Line, which cut through the city, mark investment opportunities for savvy buyers,” Forbes adds.
Hamilton is seeing buyers from Toronto moving out in search of greater affordability and more space. The area is becoming increasingly popular with a reputation for a strong sense of community. Conrad Zurini, broker and owner of RE/MAX Escarpment and Niagara notes that many residents appreciate smaller businesses, the growing cultural and arts scene and the opportunity to shop locally in lieu of big box retailers.
Up-and-Coming Neighbourhoods Across the Greater Toronto Area
Clairlea-Birchmount (Toronto) has grown in popularity for its blend of urban and suburban living, transit access, and diverse neighbourhoods that appeal to young professionals and families. Its proximity to Taylor Creek Park adds ample green space. Average house price: $932,014
Wexford-Maryvale (Toronto) is a family-friendly neighbourhood offering a cozy, suburban feel with quick access to the Don Valley and 401. Just minutes from downtown Toronto, it features mostly low-rise 1–2 story homes and brick bungalows. Average house price: $1,070,857
Crown Point (Hamilton) in west Hamilton is a diverse, mostly residential neighbourhood with affordable, owner-occupied detached homes featuring finished basements and backyards. It offers easy highway access, schools, amenities, and a trendy yet exclusive feel close to work hubs. Average house price: $570,000
Aldershot South (Burlington) on Burlington Bay’s west end, offers easy highway and GO Transit access, a mix of housing, and plentiful parks, green spaces, and waterfront views. It’s growing into a vibrant, well-connected community without heavy traffic. Average House Price: $899,000
Downtown Markham (Markham) has a new York University campus, rising condo developments, and improved transit, and this growing hub offers restaurants, activities, and cultural attractions. Average house price: $660,000 to $1,625,000.
Seaton (Pickering) is a rapidly developing master-planned community in Pickering and is gaining attention for its strategic location and infrastructure. Average house price: $1,013,326
Don Mills – Victoria Village (Toronto) has been shaped by the Eglinton Crosstown, among many other East end communities, improving downtown access. They offer top arts schools, larger, more affordable homes than Don Mills/Leaside, and spacious lots with post-WWII heritage. Average house price: $1,126,000
Greater Vancouver Area
In the Greater Vancouver area, access to the SkyTrain and major highways has improved over the last two years and influenced the assessment of “next neighbourhoods” in the region.
According to Tim Hill, RE/MAX All Points Realty, Sapperton, New Westminster, and Mount Pleasant East, in Vancouver, neighbourhoods are seeing an exodus from the downtown core. “Restaurants and breweries are popping up in Mount Pleasant East which is more walkable and has a better vibe. The growing food and beverages scenes, matched with better affordability than downtown makes this neighbourhood a top up-and–comer.” Hill added. Mount Pleasant East has an average house price of $873,933, while Sapperton is slightly more expensive at $1,388,000 on average.
Increasingly Bridgeport, a Richmond neighbourhood, offers better affordability. Properties in Bridgeport offer older detached homes at an average price of $300,000 cheaper than its neighbour Steveston – only 20 minutes away. “Buyers are prioritizing affordability, with walkable and complete communities falling second,” says Adam Wachtel, REMAX West Coast. The average single detached house price in Bridgeport is $1,771,763 with more affordability for apartments at $670,600.
For buyers in the Vancouver area, there remains a strong stigma to living in close proximity to the bridges and tunnels connecting the city centre. However, these neighbourhoods are more affordable if buyers are willing to compromise.
Up-and-Coming Neighbourhoods Across the Greater Vancouver Area
Bridgeport (Richmond) known as an established neighbourhood with homes averaging 30 years old and located about 20 minutes from Steveston, Bridgepoint offers strong transit access and prices up to $300,000 lower than Steveston. Average house price: $$1,069,900
Ladner (South Delta): Ladner, on the Surrey/Richmond border, offers homes nearly $1 million less than the GVA average. However, the tunnel creates a mental barrier for some due to traffic and infrastructure work. For flexible commuters, the savings are well worth it. Average house price: $1,149,100
Mount Pleasant East (Vancouver) blends historic charm with modern flair, offering one of Vancouver’s largest parks—Everett Crowley. Known for its rising affordability and trendiness, it features great dining, shops, nightlife, and colorful wall murals. Average house price: $873,933
Willoughby Heights (Langley) offers city access via Highway 1, more space, greater affordability, and growing infrastructure, including transit, shops, schools, and recreation. Average house price: $894,516
Fraser Mills (Coquitlam) is under development, mainly for high-rise condos, offering waterfront access and growing amenities. Despite ongoing construction, it’s a promising long-term investment as the area continues to develop. Home prices range between $732,000 and $1,796,600.
Coquitlam West (Coquitlam) is a land assembly project which converts industrial land into housing near the SkyTrain, offering early investment potential. Transit-connected areas like this are primed for high-value growth. Home prices range between $838,071 and $1,963,039.
Capstan Way (Northern Downtown Richmond) offers investment potential with ongoing developments, despite some ownership delays. As revitalization continues, businesses and residents are moving in. Average house price: $899,000.
Making Compromises for Liveability
An Angus Reid survey commissioned by REMAX Canada found that 37 per cent of Canadians have made compromises to live closer to urban centres, including accepting a higher cost of housing. Almost half (41 per cent) of GTA residents and 35 per cent of GVA residents compromised on price to land a location closer to an urban centre.
More than half of Canadians said they love their neighbourhoods, despite these compromises, and agree that their lifestyle aligns with the neighbourhood they live.
“Liveability is important to Canadians, and many buyers know what they’re willing to compromise on, in order to get more on their must-have list,” Kottick adds. “Every market has something for everyone, but not all things. Compromise has always been part of the buying process, which includes managing expectations and setting realistic goals.”
Based on the criteria of affordability, quality of life and a buyer’s return on investment, two types of emerging neighbourhoods surfaced: up-and-coming communities seeing advanced development, and regions that have traditionally been undervalued due to a lack of transportation access and misconceptions.
Affordability and Liveability Remain Top Priorities
Thirty-seven per cent of Canadians said affordability is a top factor in choosing their neighbourhoods. This is down from 44 per cent in a similar 2024 survey. Proximity to amenities and convenient access to public transit were also important.
As well, Canadians said they want to spend more time in their neighbourhoods shopping at local stores (58 per cent), dining out (52 per cent) and socializing with friends, family and neighbours (43 per cent), underpinning the impact a chosen community has on day-to-day liveability.
Most Canadians said new infrastructure and community revitalization bring added benefits to their communities, with more businesses and restaurants having the greatest impact. Transit development ranked lower at 41 per cent, but is viewed as having the biggest impact on the emergence of a “next neighbourhood.”
Increasing Transit Development
Transit infrastructure is playing a role in up-and-coming neighbourhoods.
“Communities often experience transit development before and alongside new residential housing,” adds Kottick. “In Ontario, we’ve seen rapid housing developments labeled Transit-Oriented Communities hugging the new Ontario Line actively under construction.”
New public transit systems in the GTA and GVA aim to better connect neighbourhoods to downtown cores.
“As populations grow, especially in places like Surrey, which is adding about 2,000 residents each month, transit is essential for long-term sustainability,” says Kottick. “These short-term growing pains will ultimately strengthen communities by supporting shorter commutes and creating more time to connect within neighbourhoods.”
The SkyTrain, Eglinton Crosstown, Ontario Line, and GO Transit projects are promised to bring greater diversity of connectivity, affordability, and quality of living to current and future residents.
“Canada needs to look at alternative housing models including factory-made construction to drastically increase housing starts to address the ongoing supply issue,” added Ben Tal, deputy chief economist at CIBC. “Expanding transit and other infrastructure is also just as important, as it adds affordability and connectivity to traditionally less-accessible communities.”