There’s lots to love about downtown living. The energy, the entertainment, the connectivity and convenience, many homebuyers are choosing it over the alternate allure of the suburbs. With Millennials making up the largest segment of homebuyers today, and Generation Z expected to outnumber them within a year, there’s definitely a renewed interest in being in the hub of it all. Is downtown living your scene?

7 Pros of Downtown Living

Image Alt Text

Urban Conveniences

Downtown living offers a level of convenience that is totally unique. Everything is at your fingertips. The office is within walking distance. Your favourite restaurant and the bar are just a couple blocks away. For trips further afield, public transit is just outside your door, ready to roll when you are.

Image Alt Text

Unique Neighbourhoods

Downtown neighbourhoods are by nature older than their younger, suburban counterparts, and often steeped in culture and history, with a unique flair all their own. Whether it’s Vancouver’s historic Yaletown neighbourhood or Toronto’s off-beat Kensington Market, no two neighbourhoods in a city are alike.

Image Alt Text

Up and Comers

Many older downtown neighbourhoods have experienced a revival, prompted by new residents moving in, scooping up fixer-uppers at lower prices, supporting new businesses or opening their own, and in time, transforming a down-and-out neighbourhood into the next hot ‘hood.

Image Alt Text

One-of-a-Kind Homes

While suburban homes are typically brand new and beautiful, some have also been bestowed the moniker “cookie cutter home.” If you appreciate a home with history and the quirks of previous dwellers, downtown living could be right for you. As they say, they don’t make ‘em like they used to! Historic homes after feature things like vintage stained-glass window panels, antique door hardware, laundry shoots and more.

Image Alt Text

Higher Property Values

The suburbs give you more home for your money, downtown dwellers often enjoy a greater return on their long-term investment. And depending on which city you live in (or aspire to!) you can still find “affordable” homes in up-and-coming communities – if you can get in before the boom!

Image Alt Text

Heart of the City

A home in a central location will naturally become a meeting place for family and friends. Your suburban bros can come get their urban fix, and having public transit at your door makes it super simple to get around. BONUS: You can just walk home after you’ve had a few bevvies!

Image Alt Text

The views

For downtown dwellers who call a condo suite “home,” you won’t see views like this in the suburbs, with local landmarks and the buzzing streets at your feet. And if your unit is high up enough, you might even be able to see the ‘burbs from your balcony!

More to Explore

The Difference Between Condos and Apartments

The Difference Between Condos and Apartments

January 29, 2025

Best Places to Retire in Canada

January 27, 2025

Canada’s Weirdest Homeowner Laws_purple door myth

Canada’s Weirdest Homeowner Laws: Fact-Checked

January 25, 2025

breaking bad house in albuquerque new mexico is up for sale

The ‘Breaking Bad’ House is Up for Sale

January 24, 2025

Bank of Canada Interest Rate Announcement

How Will the BoC Interest Rate Impact My Mortgage?

January 23, 2025

Canadian Real Estate_front door open

Are Canadian Real Estate Prices Overvalued?

January 23, 2025

RE/MAX Advice You Need Campaign 2025

RE/MAX Campaign Delivers Same Solid Advice with Exciting New Talent

January 22, 2025

RE/MAX Agent with home-buying clients

28 RE/MAX® Agents Ranked in the Top 100 in Canada-Based Online Reviews

January 21, 2025

assignment sales

Assignment Sales in Ontario – Your Questions Answered

January 20, 2025

Find the
Right Agent

Sign up
For Our Newsletter

This field is hidden when viewing the form

Next Steps: Sync an Email Add-On

To get the most out of your form, we suggest that you sync this form with an email add-on. To learn more about your email add-on options, visit the following page (https://www.gravityforms.com/the-8-best-email-plugins-for-wordpress-in-2020/). Important: Delete this tip before you publish the form.
Untitled(Required)

*RE/MAX, LLC, 5075 S. Syracuse St., Denver CO, 80237; RE/MAX Western Canada and RE/MAX Ontario-Atlantic, 639 Queen Street West, Toronto, ON M5V 2B7, 905-542-2400