How Property Values in Toronto Will Benefit from New Public Transport
By Danny Papadopoulos, Offering Private & Second Mortgages in Toronto
(Homebase Mortgages)
It is often the case that politicians will clamor to take credit for new transportation improvements such as the opening of a new subway. Though certain figures and political parties will surely benefit from having better access to cheaper and easier transportation, no one could be happier than the residents of the area who would be reaping the benefits of such an event.Real Estate BenefitsEasier travel and commute is just the tip of the ice berg as far as the benefits of a new transport system can bring. Almost all the real estate along the route or the track is sure to gain an increase in value!It isn’t a secret that properties that have good access to roads and transportation generally are worth more than their less accessible counterparts. In fact, a US-based study showed that eve...
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