After years of delays, the Finch West LRT (Line 6) officially opens this Sunday, and riders can take the new line for free on opening day. Spanning 10.3 km with 18 stops, the new LRT connects Humber College’s north campus to Finch West Station, linking riders to TTC Line 1, 30 TTC bus routes, and regional transit including York Region Transit and MiWay.
This isn’t just a transit update
—it’s a real estate and mortgage update, too.
Transit infrastructure has historically boosted nearby property values, borrower demand, and investment opportunities. With Line 6 finally live, we’re about to see another shift in Toronto’s west end.
Below is what homeowners, investors, and borrowers need to know.
1. Transit Access = Higher Property Values (Especially in Undervalued Areas)
Neighbourhoods along Finch West — including Emery, Glenfield-Jane Heights, Humber Summit, and Humberwood — have long been undervalued compared to downtown and midtown Toronto.
But transit-accessible properties typically see a 5–15% value lift over time.
Now that the line is officially running:
Homes near LRT stops become more attractive to buyers
Investors gain confidence in long-term appreciation
Renters value easier commutes, boosting rental demand
Equity in these areas strengthens over time — unlocking more borrowing power
For borrowers, this matters.
More equity = better private mortgage options, lower risk, and faster approvals.
2. The Finch Corridor Becomes a Hotspot for Refinancing and Equity Take-Out
Anytime a major transit line opens, homeowners in the surrounding corridor start to:
✔ Refinance to fund renovations
✔ Consolidate debt using newfound equity
✔ Take out HELOCs or private second mortgages
✔ Tap equity to purchase investment properties
Why? Because infrastructure projects typically stabilize price floors and boost lender confidence.
For clients near Finch West, this opening represents a new window of opportunity to pull out equity while rates remain favourable.
3. Investors Are Watching Closely — Especially with Crosstown Delayed Again
Premier Doug Ford confirmed Friday that the Eglinton Crosstown LRT won’t open until at least 2026, despite construction beginning long before Finch West.
That delay means:
Investors may shift their focus away from Eglinton
More capital flows into areas that ARE growing now, like the Finch corridor
Borrowers looking to invest in pre-construction or multi-unit properties near Line 6 may act sooner rather than later
For borrowers using private financing, this is the moment when leverage matters.
Early movers often see the greatest gains.
4. Free Rides Sunday — But Bigger Savings May Come From Lower Borrowing Costs
The TTC confirmed fares will be free on opening day, and potentially frozen again for 2026, marking the third straight year.
Lower transit costs = improved affordability for homeowners already stretched by inflation and rate movements.
For borrowers, every monthly saving helps with:
TDS/GDS ratios
Underwriting flexibility
Qualification for private loans
Even small improvements in affordability can help borderline files get approved — especially when lenders like Lendworth focus on equity-first lending, not credit scores.
5. What Finch West Homeowners Should Do Now
If you own property along Finch Avenue West — or are thinking of buying — here’s what you should consider:
✔ Check your home’s new equity value
Transit announcements often trigger immediate changes in comparative sales.
✔ Explore refinancing before values climb further
Equity-based mortgages allow you to take advantage of today’s valuation before competition intensifies.
✔ Consider adding a basement suite or improvement
Improving rental income near a major transit line can significantly boost property value.
✔ Investors: Look for underpriced opportunities
Neighbourhoods with new transit lines often see the strongest long-term returns.
Lendworth can help evaluate borrowing options tied to equity, rental potential, and investment goals.
A Transit Line That Could Reshape West Toronto’s Mortgage Landscape
The Finch West LRT isn’t just a transportation upgrade — it’s an economic catalyst.
Homeowners get stronger equity.
Borrowers gain new financing opportunities.
Investors see new growth corridors.
And with the Crosstown delayed yet again, the west end finally gets its moment.
If you’re looking to refinance, consolidate debt, buy a new property, or unlock your home’s equity in Toronto’s rapidly evolving market, now is the time to act.
Want a Finch-area mortgage or equity review? Get approved in 24 hours.
Lendworth specializes in fast, equity-based first and second mortgages anywhere in Toronto.