Realtors in the area report that more Torontonians are leaving the city’s hustle and bustle for the quieter, sports-filled lifestyle of The Blue Mountains and Collingwood.
Eva Landreth of Century 21 Millennium explains, “A lot of families are moving here for a better quality of life for their kids. There’s more space, it’s safer, they can walk home from school, and there are plenty of programs.” She mentions that 90% of her clients are from the GTA and include active retirees, families, and individuals looking for a secondary home.
Many can work remotely or commute to Toronto a couple of days a week to enjoy the benefits of living in a quieter area.
Recent population boom makes it a ‘very welcoming place’
According to 2021 Census data from Statistics Canada, The Blue Mountains experienced significant population growth, with a 33% increase from 2016 to 2021. Collingwood also saw a 13.8% increase in population during the same period.
Many newcomers have settled in the region, making it a welcoming community for those seeking a quieter lifestyle.
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Increased pandemic prices now stabilized to GTA ranges
Housing prices in the area saw a 20-30% increase during COVID but have now stabilized, reaching levels comparable to the GTA. The median list price for homes in The Blue Mountains was $1.128 million in May.
Realtor Sarah Swackhammer notes a correction in house prices but believes the market has balanced out. She recently sold a home in Collingwood above the list price in just two days.
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‘Having what I would want in the GTA wouldn’t be possible’
Newcomer Jess Annand built her home in The Blue Mountains for less than the selling price of her Toronto condominium, seeking more space and a better financial situation. She notes the area’s transformation into a four-season community.
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An easier way to live without commutes and traffic
Julia Riley and her husband enjoy the lifestyle in Collingwood, including skiing and cycling, and have no desire to return to Toronto. She finds the proximity to the city for occasional visits convenient.
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