The six former cities of Toronto
Reverse mortgages in Toronto's six areas
The rules for a reverse mortgage are the same in every part of Toronto. What changes from one area to the next is the home: its type, its age, its value, and so the amount you could borrow. Pick your part of the city for local home values and the questions people there ask most.
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Scarborough
Post-war bungalows on wide lots, Toronto's lowest average prices and the highest share of residents 65 and older.
North York
1950s bungalows beside large new houses, the Yonge-Sheppard condo towers, and detached benchmarks from $1,010,200 to $3,061,400.
Etobicoke
English-inspired Kingsway homes, post-war houses in Etobicoke Centre, lakeshore condos in Mimico and Humber Bay, and Rexdale's lower prices.
Old Toronto
The former City of Toronto: downtown condos, Victorian semis and row houses, and midtown houses worth millions.
East York
The former Borough of East York: 1940s veterans' houses, Leaside's planned streets and Thorncliffe Park's apartment towers.
York
The former City of York, inside Toronto: older, more modestly priced houses and five new Line 5 Eglinton stations.