The Red Pin real estate site has put out maps, based on data from May 2017, showing how much it costs to live near a subway stop in a one-bedroom condo or house.
Proximity to transit leads to a more expensive home, Hyder Owainati, with The Red Pin, says.
“We looked at exact GPS coordinates and pulled the prices from the Multiple Listing Service (for all listings types) that are within a two-kilometre radius of each subway station,” Owainati said.
When it comes to houses, the most expensive are on Line 1 around the Lawrence Station with an average price tag of $2.7 million.
The highest priced condos are on Line 2 near the Pape Station in the range of $630,000.
The map reflects the housing market prices for the month of May.The Red Pin plans to produce the maps annually. TTC spokesman Brad Ross says the commission has “no issue” with its map being used in this fashion.
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