Thinking of buying a home in the GTA? It’s no secret that the cost of living in Toronto is high and that homeownership is challenging, to say the least. Limited housing choices, bidding wars and sky-high prices make the GTA a difficult housing market to maneuver, even for the best of us. It can be frustrating pouring your hard-earned money into a mortgage that leaves little in the way of lifestyle expenses, travel, or recreational activities.
A move from Toronto to Edmonton can allow you to live the lifestyle you want while leaving more money in your pocket. You’ll be able to avoid the hazards of the DVP and spend less time sitting in traffic on the 401. Edmonton’s traffic grid ensures the easy flow of traffic and includes a circumferential highway to ensure you get to where you’re going fast.
Sign up to learn more about Edmonton’s Best Communities
More Affordable Home Prices
The average single-family home price in Toronto is approximately $1.3 million, while Edmonton’s latest real estate reports show the average home price is $450,000 for a three-bedroom, single-family home. Comparatively, purchasing a single parking spot in downtown Toronto can cost upwards of $100 000. Instead, pocket that money and make the move to Edmonton. At these prices, you’ll have significantly more money in your pocket after paying your mortgage every month.
In the City of Edmonton—and its surrounding communities—there is a wide variety of new communities to choose from, offering beautiful green spaces, walking trails, quiet living, and access to major thoroughfares and amenities. Pacesetter Homes offers brand new homes in more of these communities than any other builder in the area, giving you more choice in the type of neighbourhood you want to live in.
Better Commute Times
Traffic in Toronto can be frustrating with its bottlenecks and bumper-to-bumper rush hours. The GTA is frequently affected by highway shutdowns on the 400-series highways due to multi-vehicle pileups and traffic unable to maneuver through the snow-laden streets.
Edmonton’s ring road, the Anthony Henday Drive, connects every quadrant of the city, making your commute far more efficient. Even if you work downtown and live in another part of the city, your commute would be within 30 minutes. Edmonton’s events and amenities are spread throughout the city, rather than being condensed solely into one downtown core, which helps keep traffic flowing in various parts of the city. If you work from home, our single-family floor plans come with plenty of extra living space to create a comfortable home office.
Our city offers many areas to enjoy outdoor activities, eating and drinking with friends, and shopping. Our River Valley area boasts dozens of green spaces and parks, including a golf course, endless trails, and beautiful scenery, and is a highly sought-after area in which to live and work.
Southwest Edmonton offers some of the fastest growth in the city, with dozens of brand-new residential communities, commercial areas, and amenities. These neighbourhoods offer a variety of home styles, including multi-family townhomes, single-family homes, and luxury estates.
124 Street in downtown Edmonton is known as the Arts District and is home to a wide selection of galleries, eclectic restaurants, and arts-related shopping. The Mercer Warehouse is located on 104 Avenue, just down the street from Rogers Place, offering quality restaurants and a place to gather before or after a hockey game or concert.
The Brewery District is a collection of modern restaurants, shopping, and great hang-out spots, located on 104 Avenue east of 121 Street. Also, the infamous West Edmonton Mall puts the Eaton Centre to shame. As the largest mall in Canada, it has everything you need including high-end stores such as Gucci, Louis Vuitton, and more.
Edmonton is a Festival City
Edmonton is well known for its annual events and festivals. Throughout the year, a variety of events are held in all parts of the city. Fort Edmonton Park is a year-round permanent exhibition showcasing the history of our city and is a unique, time-travelling experience.
Heritage Days takes place on the August long weekend each year, celebrating our cultural diversity. Enjoy pavilions from around the world with traditional food, dancing, and demonstrations. If you love the performing arts, the Fringe Festival offers street performances and live productions around Whyte Avenue every summer.
The Taste of Edmonton is a foodie’s dream, offering a sampling of the city’s best and tastiest dishes. Try something new while enjoying the vibrant atmosphere of downtown.
Winter is celebrated in our city in various forms, with plenty of winter festivals to choose from. The Legislature Grounds are lit up with millions of twinkling lights each year, and the University of Alberta Botanic Garden lights up with Luminaria. And if you love ice sculptures, carving, and a huge ice slide, Ice on Whyte is a spectacle to see and enjoy.
The Pacesetter Difference
Moving from Toronto to Edmonton is a major decision, but one that could make a big impact on your wallet. Pacesetter Homes offers the widest selections of any builder in home models in Edmonton and all surrounding areas. Not only is there a large selection of quality homes available at more affordable prices, but we are proud to offer you the freedom to personalize your new home with alternative floor plans to suit your needs.
Make the Move
If living in Toronto is draining your hard-earned money, consider making the move to Edmonton. You’ll enjoy the same quality lifestyle (perhaps even better) at a far more affordable cost of living. Leave the traffic, crowded spaces, and unaffordable housing market of the GTA behind and embrace Edmonton’s tranquil green spaces, cultural centers, and friendly atmosphere. Pacesetter Homes has the perfect home for you, and we are ready to help you relocate.