Nortown Condos neighbourhood is on the central border in between Toronto and North York. It benefits from the flow of the Don Valley River, so there is plenty of green space and parks in the vicinity. It is also sneakily close to some of the best transit options in the GTA, which will only be improved with the pending completion of the city’s next big infrastructure project. The region is also filled with plenty of local amenities located on a integrated shopping stretch.
Most of the area is reserved for detached housing, which accounted for 74% of the total home sales last year, while condos accounted for 23% of sales. Homes here had an average price of $2,206,863, which can be divided into an average freehold price of $2,588,609 and an average condo price of $1,286,759. These trends show that the home prices in the area are more expensive than the city average.
While most of the homes in the region are detached houses, there are more condo developments coming to the area. Popular locations for these new developments are located along the major commercial streets, one of which being along Avenue Road. This stretch is full of different shopping options, and is the go to spot for restaurants, cafes, and bars.
Avenue Road isn’t the only commercial street nearby. The neighbourhood’s easternmost border is defined by Yonge Street. This is perhaps the most famous street in the country, and it comes with tons of shopping and dining choices. It is also the guiding street for the eastern side of TTC’s Line 1. York Mills and Lawrence stations are accessible from Nortown, and these stations are capable of taking riders down to Union Station in the Financial District or up towards North York.
The area is also a good choice for motorists. Its northern border is defined by the Ontario 401 Expressway, which is known to be the busiest highway in North America, and for good reason. It ably links up the entire GTA together. Scarborough, Downtown Toronto, North York, Etobicoke, Mississauga and beyond are all served by this arterial roadway, so there’s no where in the GTA you can’t reach!
The transit in the area is about to significantly improve. The Eglinton Crosstown is an approved LRT line that’s scheduled to run along Eglinton Avenue. It will stretch from Kennedy Station in the east to Mount Dennis in the west. This will greatly improve accessibility to the neighbourhood, and it’s going to catalyze residential and commercial growth throughout the entire region.
It’s also going to create a new transit hub in Midtown Toronto. Eglinton Station is one stop south of Lawrence Station, and this is where the Crosstown will have its transfer stop. This will be the next major hub for Toronto’s transit, which will be on par with Bloor/Yonge Station. It also signifies an economic and residential shift away from downtown. Businesses are running out of space to build in the Financial District, and so we’re seeing corporate offices spring up across different parts of the city.
The Don Valley River feeds into the neighbourhood, meaning there is plenty of green space in the area. One of the highlights in Ledbury Park, which has ample green space, as well as an outdoor pool and indoor skating rink.
Another benefit to having the Don Valley River close by is that it allows for lush green golf courses in the region. Rosedale Golf Course is located directly to the east of this neighbourhood. This private course was founded in 1893 and is regarded as one of the best classic golf courses in the nation. Located to the north, the Don Valley Golf Course is a public course owned by the city. It is renowned for its natural landscape, thanks in large part to the Don Valley that makes sure the course stays green and vibrant.
This is one of the most charming neighbourhoods in the GTA. It’s blend of residential streets and commercial districts means residents here get the best of both worlds. You can retreat to your quiet home, or go out to a lively bar. It’s up to you! With the implementation of the Eglinton Crosstown, the area is going to become far more central in the city’s layout, so this is your chance! Start looking for condos here before time runs out!
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