Location, location, location - in real estate, this is considered one of the most important factors when determining which home to buy, in addition to price and the actual property itself. Whether a seasoned homebuyer or first-timer, location is always a priority, and developers are well aware of this fact.

In recent years, emphasis has been placed on the neighbourhood in which the home is located. Particularly true for home buying in the city, the convenience of well-situated shops, restaurants, entertainment outlets, and attractions within the neighbourhood can easily boost property value. Accessibility to public transportation is also considered vital. This type of area is known as a sustainable neighbourhood.

Finding everything you need in your own neighbourhood to facilitate daily living is environmentally sound, because it minimizes energy consumption. This is the essence of a sustainable neighbourhood.

For example, Liberty Village in the trendy neighbourhood of King West has been deemed a planned community by both the developers of the condos, lofts and townhomes in the area, and also by residents and media alike. Considered 45 acres of a "neighbourhood within a neighbourhood", it is a perfect example of a sustainable neighbourhood. Its budding popularity has been attributed to the variety of amenities located well within easy walking distance of all the residences in the community, making a car redundant and reducing traffic on the roads. Plus, other amenities can be accessed simply by walking just outside of its boundaries into King West Village. Liberty Village epitomizes convenience, efficiency, and accessibility.

Well-planned and sustainable neighbourhoods like Liberty Village have set a trend in Toronto.

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