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Port Union is a neighborhood in the eastern part of Toronto, located in the Scarborough district. According to recent data from the Toronto Regional Real Estate Board (TRREB), the Port Union area has seen a steady increase in real estate prices over the past year. The average selling price for all home types in the area was around $900,000 in March 2021, an increase of over 20% compared to the same time last year.
The demand for real estate in Port Union is driven by its proximity to Lake Ontario, its natural green spaces and parks, and its easy access to major transportation routes, such as Highway 401 and the Rouge Hill GO Train Station.
In terms of housing types, detached homes are the most common property type in the area, followed by semi-detached and townhouses. The demand for detached homes in Port Union has been particularly strong, with prices increasing significantly over the past year.
Overall, the Port Union real estate market remains active and competitive, with homes selling quickly and often receiving multiple offers. If you’re considering buying or selling a home in Port Union, it’s important to work with an experienced real estate agent who can provide you with up-to-date market information and guide you through the process.
