How was your commute to work today? Commuting – for many – is a fact of daily life. Yet we've found that the financial and emotional implications of commuting – which are surprisingly detrimental – are rarely considered by homebuyers, or rank too low on their home-buying criteria. We recently touched on the impact of transit on real estate values in our piece, 'The Value of Public Transit In Toronto'.
If you live near the downtown core – and it's famous subway horseshoe – you have the best of it when it comes to Toronto transit. According to a recently published Toronto Life Exposé, the core has an average of 34 TTC stops per square kilometre. Your luck in catching a bus, streetcar or subway dwindles as you move outward from Yonge Street; further out neighbourhoods like West Hill and Morningside have an average of just 10 stops per square kilometer, are less reliable, and often packed like a can of sardines. The average downtown and North York ’hoods both have 54 TTC stops overall. Downtown averages 34 stops per square kilometre, versus 15 up north.
If you want to explore the numbers in depth, check out Toronto Life. But here are some of the essentials:
Can you imagine having to commute from the suburbs? The numbers make the TTC service look threadbare, if not downright unreliable and unpleasant. Even those commuting from further out bedroom communities like Ajax or Rouge Hill have a dependable commute in the GO train, which runs – punctually – every half hour. We can't help but think of the cost of trying to get around in North York, for instance; if you spend a large chunk of your day – 5 days a week – commuting, the cost of less than reliable transit service must take it's toll. Check out out this post: What Are The Real Financial, Emotional And Health Costs Of Commuting?
If you're a Buyer looking to purchase a residence that will allow you to take advantage of the city's transit system, we're here to help!
~ Steven and the urbaneer team
– We're here to earn you trust, then your business –
Steven Fudge, Sales Representative
& The Innovative Urbaneer Team
Bosley Real Estate Ltd., Brokerage – (416) 322-8000
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*Statistics and images courtesy of Toronto Life