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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.

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List of  New Condos in the Garden District Neighbourhood

The Grand Hotel Redevelopment at 225 Jarvis Street
Coming Soon

225 Jarvis St

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

203 Jarvis Street Condos
Coming Soon

203 Jarvis Street

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

 

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

60 Queen St E

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

88 North Condos
Sold Out

88 North Condos

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

308 Jarvis Street Condos
Coming Soon

308 Jarvis St

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

Max Condos
Now Selling

Max Condos

Development by: Tribute Communities
75 Mutual Street, Toronto, ON M5B 2A9
Condo Prices From The High $600,000’s CAD
Move in 2020

295 Jarvis Street Condos
Coming Soon

295 Jarvis St

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

Fleur Condos
Now Selling

Fleur Condos

Development by: Menkes Developments Ltd
60 Shuter St, Toronto, ON M5B 1A8
Condo Prices From The Low $600,000’s CAD
Move in 2021

90 Queen Street East Condos
Coming Soon

90 Queen St E

Development by: Parallax Development Corporation
90 Queen St E, Toronto, ON M5C 1S6
Condo Prices TBA CAD
Move in TBA

Ivy Condos
Sold Out

Ivy Condos

Development by: The Sher Corporation and Dream Unlimited Corp
69 Mutual St, Toronto, ON M5B 2A9
SOLD OUT
Move in 2021

133 Queen Street East Condos
Coming Soon

133 Queen St E

Development by: TBA
133 Queen St E , Toronto, ON M5C 1S1
Condo Prices TBA CAD
Move in TBA

MODE Condos
Coming Soon

MODE Condos

Development by: CentreCourt Developments
199-201 Church St, Toronto, ON M5B 1Y7
Condo Prices TBA CAD
Move in TBA

88 South Condos
Coming Soon

88 South Condos

Development by: St. Thomas Developments
88 Queen St E, Toronto, ON M5C 1S1
Condo Prices TBA CAD
Move in TBA

Prime Condos
Coming Soon

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

Social Condos by Pemberton
Sold Out

Social Condos

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

139 Church Street Condos
Coming Soon

139 Church St

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

159SW Condos
Sold Out

159SW Condos

Development by: Alterra
159 Wellesley St E, Toronto, ON M4Y 1J4
SOLD OUT
Move in 2019

in.DE Condos
Now Selling

in.DE Condos

Development by: Menkes Development Ltd
219 Dundas St E, Toronto, ON M5A 1Z7
Condo Prices From The Mid $600,000’s CAD
Move in 2021

The Garden District Condo
Now Selling

Garden District Condominiums

Development by: The Sher Corporation and Hyde Park Homes
81 Shuter Street, Toronto, ON M5B 1B3
Condo Prices From The High $700,000’s CAD
Move in 2023

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