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How Much is a Toronto Waterfront View *Actually* Worth? [INVESTIGATION]

Author: 
Robert Van Rhijn
Publication date:
June 4, 2022
Article Summary: 

This article investigates the value of a Toronto waterfront view by comparing the sales prices of 20 pairs of nearly identical units, with one unit facing north and the other facing south. The analysis shows that a waterfront view commands an 8% premium. The article discusses the subjective nature of whether the added cost is worth it, with some buyers valuing a waterfront view for the emotional calm it brings and others seeing it as a good investment. The article concludes that owning a waterfront property in Toronto is never a bad idea.

Keywords: 

Toronto, waterfront view, premium, sales prices, investment, emotional value, scarcity, ROI.



Source Citation: 
Robert Van Rhijn
How Much is a Toronto Waterfront View *Actually* Worth? [INVESTIGATION]
June 4, 2022
https://strata.ca/blog/how-much-is-a-toronto-waterfront-view-actually-worth-investigation
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