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Eglinton East Condos
Eglinton East Neighbourhood
This neighbourhood is located in the eastern district of Scarborough, and it is one of its most comprehensive regions due to the number of local amenities around such as shops, restaurants, parks, public transit, arterial roads, and more. It’s also a great place to call home, evidenced by the different home types in the area. This is all about to get even better with the future development of a mobility hub.
For years, it was known to be filled with low-rise housing, but the demographics are shifting. Condos were the most commonly sold homes last year, accounting for a total of 46% of total sales. The other most commonly sold home types in the region are detached houses , which accounted for 32% of sales. The average price in this neighbourhood over the past year was $493,203, which can be divided into an average condo price of $357,791, and an average freehold price of $745,634.
This neighbourhood is bounded by the creek that passes through Knob Hill Park to the north, Bellamy Road to the east, McCowan District Park to the south, and the western border winds through Brimley Road, Eglinton Avenue East, and Midland Avenue.
Eglinton acts as the area’s main commercial district, outfitted with loads of different stores, shops and restaurants. The restaurants mostly offer quick bites that you can pick up on your way home from a busy day at work. There are staples like McDonalds and Tim Hortons, but also independent place like Amazing Shawarma and Wok & Fortune.
This is a great starting point for commuters who must travel throughout the GTA for work. The Eglinton GO Station is located on the southeastern corner of this neighbourhood and it can take you to Union Station in 24 minutes. Kennedy Station is on the southwestern section too, and this is the terminus station for both Line 2 Bloor-Danforth and Line 3 Scarborough. It provides a access to the entire GTA, including multiple employment centres, and it’s about to get a whole lot better.
This will also be the terminus station for the incoming Eglinton Crosstown LRT, the brand new train line in Midtown Toronto. Employment and recreation has bled outside of central downtown in Toronto, and Midtown is transforming into an integral part of our thriving metropolis. Soon, residents will be about to use Kennedy Station as a direct route along the Eglinton Corridor, which is sure to see drastic growth in coming years due to the Crosstown.
The plans for the Eglinton Crosstown LRT also call for an extension that will bisect this neighbourhood. This will greatly improve the transit in the region as residents will have a quicker option for travelling locally, as well as more stations to bring them into Downtown Toronto.
It’s a great starting point for drivers too because of the the integrated network of highways throughout the city. Motorists can use Brimley Road to travel up to the Ontario Highway 401. This provides access to the northern reaches of the GTA, including North York, Brampton, and Vaughan. McCowan Road can provide a route to Markham too, which is widely recognized as one of Canada’s tech centres, even earning the name “Silicon Valley North.”
Parks and green space are crucial to a thriving neighbourhood, and that’s not a concern here as the northern and southern borders are both defined by parkland. Both of these parks are defined by a thick swathe of trees that are capable of making you forget that you’re in the heart of urbanity. They are also outfitted with public amenities such as an outdoor pool, playground, sports field, baseball diamonds, and tennis courts.
Condos in the vicinity are a tremendous investment. The savvy investor recognizes the improved transit as an opportunity to be a part of an exciting new transit project that will further connect the city together, and they are also able to look toward the future as the Crosstown extension will create even more mobility in the region. Eglinton Avenue acts as the commercial district in the area, and while it is filled fast food restaurants today, it’s entirely possible that it will become the future site for trendy restaurants and forward thinking cuisine in Scarborough. Transit hubs can do wonderful things for growing cities.
So what are you waiting for? Condos in the region aren’t going to stay a secret forever, so make sure you register to find out the latest information about incoming projects to the area.
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