GTA-HOMES | info@gta-homes.com (647) 922-8493 | RE/MAX Ultimate Realty Inc., Brokerage

Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt
Filter by Custom Post Type

Garden District Neighbourhood

The Garden District is a neighbourhood that is bordered by Sherbourne Street to the east, Queen Street East to the south, Yonge Street to the west, and Carlton Street to the north. It is named for the Allan Gardens Conservatory that is positioned within its borders. It is a botanical greenhouse, containing a diverse mix of tropical plants from all over the globe.

The neighbourhood has an incredibly urban aesthetic to it, and it is a metropolitan hub with a great deal of traffic that traverses in and out of the neighbourhood at all times. The Garden District, although not considered a typical family neighbourhood, is home to many families that choose to make a happy home in the area. Allan Gardens and Moss Park are the primary parks in the district.

The majority of its inhabitants are young single professionals, students and working couples without children. The lack of primary and secondary schools in the neighbourhood, as well as the chaos and noise of downtown living tend to make this area extra attractive for those who crave the urban lifestyle. Most families with children in Toronto tend to live a bit further toward the fringes of the city.

There is, however, Ryerson University, which stretches across 121 acres of urban landscape.  It is known for numerous programs, most notably being the Ted Rogers School of Management, which is Canada's largest business school.

The Garden District largely features condos, accounting for 78% of sales, accompanied by townhouses at 9% and semi-detached houses at 7%. Condo apartments are the common trend and the majority of properties have two bedrooms. The average price in the Garden District over the past year was $485,296, an increase of 5% over the previous term. The average condo premium over the past year was $447,806 as compared to the average freehold price of $1,159,895, over the same timeframe.

Garden District Condos

It was originally a very exclusive district, but it declined in time as many of the aging Edwardian and Victorian detached and semi-detached houses became dilapidated and had to be bordered up. However, a surge of revitalization has begun in the area. Several newly developed condos have been popping up on every corner. The Garden District includes a mix of housing, from million-dollar condos, renovated Victorian villas, Edwardian row houses, to apartment co-operatives and everything in between.

As with all places in the city core, access to public transportation is exemplary. There are several easily accessible subway stops , as well as streetcar and buses, many of which run 24 hours. There are stops located on every major block. Investors should also consider that three of the most sought after intersections are located here.  Yonge and Dundas, Yonge and Gerrard, as well as Yonge and Carlton all fall within this neighbourhood's boundaries.

The average income for the area is $37,614, with a current population of 8,240. The average rent by housing type and size is as such: Studio/Bachelor: $1,000, 1-bedroom: $1,380, 2-bedroom: $1,850, 3-bedroom: $2,475. Compared to other neighbourhoods, The Garden District is 9% lower than the Downtown Toronto average.

Multitudes of high-rise condos are being built here. Prices remain quite high, especially on the nicer streets of the neighbourhood. Its unimaginably close proximity to everything means rental rates will likely go up. Homeownership in the Garden District is low, with a split of 65% renters to 35% owners among those living in the area.

It makes sense that finding the best neighbourhood to suit you and all your family needs is one of your top priorities when shopping for a new home. That is why you shouldn't pass up this great opportunity to purchase and invest in your future.

Questions About Projects In This Area? Register With Us For More Information

List of  New Condos in the Garden District Neighbourhood

Prime Condos

Development by: CentreCourt Developments
319 Jarvis St, Toronto, ON M5B 2C2
Condo Prices From The High $300,000’s CAD
Move in 2022

295 Jarvis Street Condos

Development by: Minto Group
295 Jarvis St, Toronto, ON M5B 2C2
Condo Prices From TBA CAD
Move in TBA

139 Church Street Condos

Development by: Pemberton Group
139 Church St, Toronto, ON M5B 1Y4
Condo Prices TBA CAD
Move in TBA

The Garden District Condo

Development by: The Sher Corporation and Hyde Park Homes
81 Shuter Street, Toronto, ON M5B 1B3
Condo Prices From The High $400,000’s CAD
Move in 2023

in.DE Condos

Development by: Menkes Development Ltd
219 Dundas St E, Toronto, ON M5A 1Z7
Condo Prices From The Low $400,000’s CAD
Move in 2021

The Grand Hotel Redevelopment at 225 Jarvis Street

Development by: Amexon Developments
225 Jarvis St, Toronto, ON M5B 2C1
Condo Prices TBA CAD
Move in TBA

New condo in the midst of shopping, dining, entertainment, and public transit.

Development by: Bazis Inc
60 – 64 Queen St E St, Toronto, ON M5C 2T3
Condo Prices TBA CAD
Move in TBA

308 Jarvis Street Condos

Development by: Duration Investments
308 – 314 Jarvis St, Toronto, ON M5B 2C5
Condo Prices TBA CAD
Move in TBA

88 East Condos

Development by: St. Thomas Developments Inc
88 Queen St E, Toronto, ON M4M 3H4
Condo Prices TBA CAD
Move in TBA

Life Style at 88 West Condos

Development by: St. Thomas Developments Inc
88 Queen St E, Toronto, ON M4M 3H4
Condo Prices TBA CAD
Move in TBA

Social Condos by Pemberton

Development by: Pemberton Group
229 Church St, Toronto, ON M5B 1E1
SOLD OUT
Move in 2021

Fleur Condos

Development by: Menkes Developments Ltd
60 Shuter St, Toronto, ON M5B 1A8
Condo Prices From The Mid $400,000’s CAD
Move in 2021

Ivy Condos

Development by: The Sher Corporation and Dream Unlimited Corp
69 Mutual St, Toronto, ON M5B 2A9
Condo Prices From The Low $400,000’s CAD
Move in 2021

Max Condos

Development by: Tribute Communities
75 Mutual Street, Toronto, ON M5B 2A9
SOLD OUT
Move in 2020

88 North Condos

Development by: St. Thomas Developments Inc.
88 Queen Street East, Toronto, ON M4M 3H4
SOLD OUT
Move in 2018

159SW Condos

Development by: Altera
159 Wellesley St E, Toronto, ON M4Y 1J4
Condo Prices From The High $400,000’s
Move in 2019

203 Jarvis Street Condos

Development by: Manga Hotels
203 Jarvis St, Toronto, ON M5B 2C1
Condo Prices From TBA CAD
Move in 2021

 

Platinum Registration
Learn More About The GTA Real Estate Market











GTA-Homes Team

Whether you're moving across the city, across the country or around the world, we have the expertise, knowledge and the resources to make your next move exciting and successful.

See more...

Brigitte Obregon
David Vu
Ngoc Lan Truong
Jacky Man
Ken-Sek
Brian La
Voula Mantis
david-bailis-200x200-sm
lifetime achievement
hall-of-fame
diamond-club
titan-club
chairmans-club
platinum-club
100%-club
Contact GTAHomes