From an investor's perspective, property value is driven by land ownership, appreciation potential, and minimizing ongoing maintenance liabilities (like condo fees). Below is the hierarchy from most to least valuable.
A) Investor Preference: Most to Least Valuable
1
Detached 2 Story FreeholdHighest land value, highest appreciation, total control.
2
Bungalow FreeholdLarge lots, excellent redevelopment and secondary suite potential.
3
Semi-DetachedOwn the land, strong appreciation, zero condo fees.
Freehold Attached/Row/Townhouse 3 StoryZero condo fees, though slightly less accessible than 2 story.
6
Condo Townhouse 2 StoryFeels like a home, but monthly maintenance fees cut into ROI.
7
Condo Townhouse 3 StorySimilar to 2 story condo town, slightly narrower demographic appeal.
8
Stacked TownhouseShares ceiling/floors, lower appreciation, has condo fees.
9
Condo ApartmentLowest land value ownership, highest relative maintenance fees.
Data & Research References
TRREB (Toronto Regional Real Estate Board): Benchmark pricing and historical property appreciation data.
View TRREB Market Data
Statistics Canada (CHSP): Residential land valuation vs. physical structure depreciation metrics.
Read StatCan Report
CMHC (Canada Mortgage and Housing Corporation): Analysis on condominium carrying costs, reserve fund liabilities, and investor net yields.
View CMHC Study