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This residential neighbourhood is located on the western side of Toronto’s downtown core, and it finds itself at the centre of some of Toronto’s most affluent neighbourhoods. Its borders Bloor West Village to the south, which is one of the GTA’s major shopping hubs. It’s easy to see why people flock to this area, because High Park is located right around the corner. The neighbourhood’s initial development came with the streetcar line that was built in the early 20th century, and that character stays true today because of its continued reputation as a transit hub.
Runnymede is a neighbourhood primarily full of detached housing, which accounted for 51% of home sales last year. 33% of sales were for semi-detached houses and 5% was for condos. The average price during that time was $978,764, which is a 20% increase over last year. This can be broken down into freehold homes costing an average $1,000,143, and condos at $797,150.
The southern borders of this neighbourhood are defined by Bloor Street West. This is Bloor West Village, and it is commonly regarded as one of the best shopping districts in the entire GTA. This area stretches from Jane Street to Ellis Park Road, and it encompasses more than 400 stores. If the rest of Toronto is any indication, with good shopping comes great food.
Trendy bars and restaurants line both sides of the street, and they’re great places to stop for a quick bite after a long day of shopping, or maybe a quick drink instead. Another one of the neighbourhood’s charms is that despite the hustle and bustle of Bloor West Village, the interior streets are very quiet, so even though this is a vibrant and dynamic area, you can still enjoy quiet peaceful living.
It isn’t just Bloor West Village that attracts people to this part of town. High Park is a massive green space located in the western part of Toronto. It spans 400 acres, and it has multiple walking trails, as well as Grenadier Pond. This park is where Torontonians go when they need to get away from the city. This is because the park is so vast that you’ll completely forget that you’re in the heart of the GTA. Locals should keep their eyes on the cherry trees, which blossom every spring.
The area may have sprung up because of the streetcar line, but it’s the subway that continues to connect the neighbourhood with the rest of the city. You can find a subway station at either of its southern borders - Jane Station to the east and Runnymede to the west. These stops connect the area with the rest of the GTA. Residents can make it to Union Station in under 30 minutes, and all the way across to Kennedy station in under 45 minutes. For drivers, it’s easy to get to the Gardiner Expressway, which acts as one of the major passageways for the GTA.
This neighbourhood is full of character and amenities. The Bloor West Village offers a wide scale shopping district, complete with some amazing dining options. High Park allows residents to stroll through serene green space after a tough day at the office. There are few places in Toronto that have better transit options. From here, you can get anywhere you need in Toronto. Any condo that pops up here presents a rare opportunity to invest in one of the most exciting neighbourhoods in the city.