The neighborhood of Niagara lies in the western part of Downtown Toronto and is one of the most happening areas in the city. Niagara is directly adjacent to Lake Ontario and as a result the residents out here get treated to a daily view of the waterfront. The area also has several parks and performance venues which adds to the list of things you can do out here. Another major attraction in the neighborhood is Fort York, which is a historic military site that attracts visitors from all over the world. Niagara has seen an exponential rise in the number of condos in the past year which accounted for 73% of total sales. Condo townhouses were right behind with 15% of total sales while regular townhouses accounted for 5%. Majority of the condos in Niagara have one bedroom. Residents have access to all local amenities within reach and as such, the need for using vehicles are negated. Lyn Williams Street is home to The Metro, which serves as grocery store that provides for the entire neighborhood. It is part of a local shopping arena where you can find other essential stores such as Kitchen Stuff Plus, LCBO and Bulk Barn along with several restaurants that serve a variety of cuisines. One of the main highlights however is Mildred’s Temple Kitchen, where you get to select from a diverse menu within a contemporary-themed environment.
The proximity to the water also results in the neighborhood having some of the best parks in the city. Rose Garden is one notable example which features numerous walking trails where locals can stroll by the waterfront. The Marilyn Bell Park too is another example which consists of a vast area of green space overlooking Lake Ontario. Niagara has Exhibition Place within its boundaries which provides you with plenty of things to do if you live here. Every year at the end of August until early September, the annual Canadian National Exhibition is held where grounds are filled with various games and rides for the whole the family. The exhibition also hosts a variety of shows ranging from kids’ entertainment to musical performances and busker shows. The BMO Field is also another attraction which is located adjacent to the exhibition ground and hosts two of GTA’s beloved sports teams – The Toronto FC and The Argonauts. Another main attraction in the neighborhood is the famous ‘Medieval Times’, which is a medieval themed dinner show with live tournaments. Suitable for families, corporate groups or simply a group of friends, this unique dining experience is one to look out for. The stretch along King Street West in Niagara is regarded as one of the most vibrant destinations for an amazing nightlife experience. It was once upon a time regarded as an industrial wasteland but has developed in the recent times and even rivals other happening spots such as the West Queen West.
List of New Condos in Niagara
Why invest in Niagara Real Estate?
The neighborhood of Niagara is undoubtedly one of the best places to live in Toronto. With all amenities such as shopping, dining, bars, entertainment and much more available within walking distance, residents will never find the need to use vehicles. Besides amenities, the development of new condos along with its convenient location close to downtown area attracts several young professionals to reside here. Another factor for people choosing to live here is its excellent transit and road system thanks to the Toronto Transit Commission. Investing in real estate out here provides a scope of monthly revenue through rent as there are plenty of tenants available. With the trend of annual rise in prices of real estate in Toronto, you will also be ensured of a much higher value for your investment in a few years.
The neighborhood of Niagara has access to world class transit services. One of the vital locations in this neighborhood is the intersection of Dufferin and King West where you will find streetcars running down from both sides. The proximity of the neighborhood to Lake Ontario also means that Gardiner Expressway is easily accessible. This provides an excellent route for residents who prefer driving, allowing them to connect to other parts of the city within no time. The Gardiner Expressway also extends to The Queen Elizabeth Way which can be availed to get a passage into Mississauga and other cities beyond.