List of New Condos in Dovercourt Park Neighbourhood

Why Invest In Dovercourt Park Real Estate?

Dovercourt Park is now known for its diverse residential housing, local open space, close proximity to public transportation, and close-knit community. Traditional brick detached and semi-detached houses and new townhomes. This region of the city has attracted a large number of young professionals and new families, giving it a family-friendly ambiance. The region is merged with areas to & from Dovercourt-Wallace Emerson-Junction for city demographic considerations. It’s a multi-ethnic neighbourhood. The majority of locals are bilingual (Portuguese, Italian, and English). There is also a sizable Ethiopian population in the neighbourhood. Along Bloor Street, there are numerous shops catering to the Portuguese and Ethiopian cultures.

Why Invest in Dovercourt Park Real Estate?

Not only is this neighborhood a great place to live but is also a great investment opportunity. One of the main factors lies in the fact that it is centrally located and is an ideal residing place for working professionals who travel on a daily basis. The neighborhood being a commercial hub also has its own commercial buildings and is convenient for the employees as they can literally walk to work. The great location along with the availability of several transport options make this neighborhood very desirable. Investing in real estate in this neighborhood promises you assured regular income through rent. Even if you decide you stay here, you will end up saving money on commuting thanks to its central location. The neighborhood also has all amenities around like malls, stores, services, etc. within walking distance that negates the need for using vehicles which in turn helps you save money on gas.

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Why Buy New Condos In Dovercourt Park?

Nearby startup businesses – restaurants, cafes, bars, and shops – have been thriving, reflecting the area’s rising affluence. Village Pizza, Pam’s Caribbean Kitchen, Field Trip Cafe, Campo, The Hogtown Vegan, Nazareth Restaurant and Pause Beauty Boutique are among the Dovercourt Community’s favourites. The Dufferin Mall is also nearby, and it offers all of your necessities and comforts in one location. The Galleria Mall, which is also located north of the area, offers a diverse range of shops and services. Dovercourt Park is no longer considered an ‘up-and-coming’ neighbourhood. This is a section of Toronto real estate that has grown in popularity to the point where it is now a highly sought-after segment of the market. And it’s easy to understand why.

Average Price Of Condos In Dovercourt Park

Semi-detached houses make up the majority of the housing stock in the area and made up 53% of all home sales in the previous year. Townhomes accounted for 18% of sales at that time, while detached homes made up 21%. The average price of a home was $1,027,633, which equals an average freehold home price of $1,009,422 and an average condo price of $1,327,250. One of Toronto’s most intriguing neighbourhoods is developing here.

Transit in Dovercourt Park

Residents can also access the Bloor subway line, which runs between Ossington and Yonge stations, by taking a short and easy stroll through side streets. Dovercourt has you covered on all fronts when it comes to transportation alternatives. The neighbourhood’s central location makes it easy to get around, with TTC buses, streetcars, and subways all available. TTC’s Line 1 subway runs down Bloor Street West, which runs along the southern border of the neighbourhood, and as a result, there are two subway stations at each southern corner of the neighbourhood, namely Ossington to the east and Dufferin Grove to the west. Residents who like to drive their own cars will appreciate how accessible this community is to many major highways in Toronto.

The most common type of housing in Dovercourt is low-rise condo townhomes. Among which 59% are homeowners and 41% are renters. The average household income in this neighbourhood is around $80,000. If you are looking for investment opportunities in this area then you are looking at the right spot. This region is popular among renters as it’s closer to Downtown Toronto and has below average rental rates than other neighbourhoods in Toronto. Dovercourt Park’s new real estate developments are populated by young professionals and small families.

Questions & Answers

Are there any new condo developments in Dovercourt Park?
Should I buy a pre-construction project in Dovercourt Park?
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