>MILLENNIAL HOT SPOTS
The RedPin.com realty firm decided to take a look at the top Toronto neighbourhoods where millennials live and found 13 of the 15 were in prime locations near the heart of the city. The only exceptions were Willowdale East in the Finch and Yonge area, and the York University area. Information came from Statistics Canada 2011 census data and Toronto Real Estate Board data as of October. (Percentages reflect proportion of residents who are millennials.) 1. Bay St. corridor: 49 per cent Median purchase price of onebedroom condo: $418,328 Median rental price of condo: $1,828 2. Waterfront-downtown entertainment district: 49 per cent Median purchase price of onebedroom condo: $360,492 Median rental price of condo: $1,666 3. Niagara St. neighbourhood: 48 per cent Median purchase price of onebedroom condo: $341,264 Median rental price of condo: $1,683 4. Church-Yonge corridor near Wellesley: 44 per cent Median purchase price of onebedroom condo: $370,339 Median rental price of condo: $1,750 5. University of Toronto-Harbord: 42 per cent Median purchase price of onebedroom condo: $412,000 Median rental price of condo: $1,700 6. Palmerston-Little Italy: 39 per cent Median purchase price of onebedroom condo: $378,450 Median rental price of condo: $1,850 7. Kensington-Chinatown: 38 per cent Median purchase price of onebedroom condo: $371,000 Median rental price of condo: $1,750 8. Yonge-Eglinton: 38 per cent Median purchase price of onebedroom condo: $392,000 Median rental price of condo: $1,750 9. Bloor-Sherbourne: 34 per cent Median purchase price of onebedroom condo: $340,100 Median rental price of condo: $1,650 10. Trinity-Bellwoods: 33 per cent Median purchase price of onebedroom condo: $402,450 Median rental price of condo: $1,700