{"id":313310,"date":"2025-10-23T11:29:36","date_gmt":"2025-10-23T15:29:36","guid":{"rendered":"https:\/\/wahi.com\/ca\/en\/?p=313310"},"modified":"2025-10-23T11:29:36","modified_gmt":"2025-10-23T15:29:36","slug":"heres-how-much-it-costs-to-buy-a-home-near-the-greater-toronto-areas-top-elementary-schools","status":"publish","type":"post","link":"https:\/\/wahi.com\/ca\/en\/learning-centre\/real-estate-101\/buy\/home-prices-near-top-greater-toronto-area-schools\/","title":{"rendered":"Here\u2019s How Much It Costs to Buy a Home Near the Greater Toronto Area\u2019s Top Elementary Schools"},"content":{"rendered":"\n[et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”0px||3px|||” da_disable_devices=”off|off|off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.20.2″ 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The latest analysis from Wahi compares home prices across about 60 Greater Toronto<\/a> Area neighbourhoods with some of the province\u2019s top-ranked elementary schools.<\/span><\/p>[\/et_pb_text][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”21px” text_line_height=”1.6em” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.3em” header_3_font_size=”1.25rem” header_3_line_height=”1.88rem” header_4_font=”|700|||||||” header_4_font_size=”1.25rem” header_4_line_height=”1.88rem” custom_margin=”||11px|||” hover_enabled=”0″ text_font_size_tablet=”21px” text_font_size_phone=”16px” text_font_size_last_edited=”on|phone” header_2_font_size_tablet=”36px” header_2_font_size_phone=”25px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}” sticky_enabled=”0″]

By Josh Sherman<\/a>\u00a0<\/span>| 3 minute read<\/p>[\/et_pb_text][et_pb_post_title title=”off” author=”off” date_format=”M j” categories=”off” comments=”off” featured_image=”off” _builder_version=”4.18.0″ _module_preset=”default” custom_margin=”||26px|||” global_colors_info=”{}”][\/et_pb_post_title][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”0px||3px|||” da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” width_tablet=”” width_phone=”100%” width_last_edited=”on|desktop” custom_padding=”0px||9px|||” global_colors_info=”{}” width__hover_enabled=”off|desktop”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_image src=”https:\/\/wahi.com\/wp-content\/uploads\/2025\/10\/Top-rated-schools.jpg” alt=”The number of homes on the market continues to climb in major Canadian cities giving some buyers a shot at a discount.” title_text=”Top-rated-schools” align=”center” force_fullwidth=”on” _builder_version=”4.27.4″ _module_preset=”default” custom_margin=”1px||29px|||” hover_enabled=”0″ border_radii=”on|32px|32px|32px|32px” border_radii_tablet=”on|32px|32px|32px|32px” border_radii_phone=”on|0px|0px|0px|0px” border_radii_last_edited=”on|desktop” global_colors_info=”{}” sticky_enabled=”0″][\/et_pb_image][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”1.13rem” text_line_height=”1.75rem” custom_margin=”-18px||2px|||” custom_padding=”||7px||false|true” custom_padding_tablet=”||7px||false|true” custom_padding_phone=”|15px|7px|15px|false|true” custom_padding_last_edited=”on|phone” hover_enabled=”0″ text_font_size_tablet=”1.13rem” text_font_size_phone=”0.9rem” text_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}” sticky_enabled=”0″]

Among GTA<\/a> neighbourhoods with top-rated schools, the median price of a home is typically more than $1 million, though there are notable exceptions. <\/span><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.18.0″ _module_preset=”default” min_height=”791.1px” custom_padding=”32px||23px|||” da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row _builder_version=”4.18.0″ _module_preset=”default” custom_padding=”0px||0px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” text_font_size=”21px” text_line_height=”1.6em” header_2_font=”||||||||” header_2_font_size=”36px” header_2_line_height=”1.3em” header_3_font_size=”1.25rem” header_3_line_height=”1.88rem” header_4_font=”|700|||||||” header_4_font_size=”1.25rem” header_4_line_height=”1.88rem” min_height=”765.1px” custom_margin=”||-48px|||” custom_padding=”6px||68px|||” hover_enabled=”0″ text_font_size_tablet=”21px” text_font_size_phone=”16px” text_font_size_last_edited=”on|phone” header_2_font_size_tablet=”36px” header_2_font_size_phone=”25px” header_2_font_size_last_edited=”on|phone” global_colors_info=”{}” sticky_enabled=”0″]

When deciding where to put down roots, picking a neighbourhood with a good school is a no-brainer for many young families. <\/span>
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<\/span>To parents, a child\u2019s education is a common top priority. But there\u2019s an added perk to having an address near a high-scoring school. \u201cIt\u2019s accepted real estate wisdom that close proximity to a school boosts property values in Canada \u2014 and <\/span>academic research<\/span><\/a> supports the claim,\u201d notes Ryan McLaughlin, an economist at Wahi, a leading Canadian real estate platform and brokerage.<\/span>
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<\/span>But what does it cost to live near some of the Greater Toronto Area\u2019s top-rated schools? The latest analysis from Wahi sought to answer this question. To do so, Wahi analyzed median home prices in the third quarter of this year in neighbourhoods with elementary schools that had achieved a score of 9.0 or higher out of 10 in the most recent annual <\/span>Report Card on Ontario\u2019s Elementary Schools<\/span><\/a>. The rankings, created by Canadian think tank the Fraser Institute, are based on Education Quality and Accountability Office (EQAO) assessments. And the average score for all schools is 6.0.<\/span>
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<\/span>About 60 public, Catholic and private elementary schools out of nearly 1,100 across the GTA achieved a grade of at least 9.0, in the 2022-2023 school year. In the neighbourhoods in which these schools are located, Wahi found that home prices can vary significantly. \u201cIt\u2019s difficult to say exactly how much school zones affect local home prices in the GTA, since so many factors are at play,\u201d explains Wahi Economist Ryan McLaughlin. From current market conditions, to the types of homes available in a neighbourhood, local property can fluctuate considerably from place to place, he continues. \u201cHowever, we did observe that in many neighbourhoods with a top school, the median home price was well above the GTA-wide median home price,\u201d McLaughlin adds.<\/span>
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