Downtown Toronto

Downtown Toronto is one of the most sought-after places in Toronto. Before the emergence of condo development in the neighborhood, it used to be an ideal destination for shopping and entertainment. Most of the condo developments in the neighborhood are situated along Yonge street and other major arteries. It is bordered by Richmond Street to the south, Alexander Streets and Grosvenor to the north, parts of Bond Street, Victoria Street and Church street to the east and, Bay Street to the west. Downtown Toronto is home to a vast array of residents which include executives, students and, arts and culture enthusiasts. Young professionals make up majority of the population here. You will find families too, but most are the ones with one kid who are generally younger. There are a wide range of buildings that you can find in Downtown Toronto, some of which are modern with art-deco features while the others are old factories that have been converted into residential buildings. The newer range of condo developments come with state-of-the-art facilities and have contemporary architecture. The prices of condos start at entry level and can go up to millions here. With constant development over the last twenty years, Downtown Toronto has become one of the most desired neighborhoods due to its central location and close proximity to other parts of the city. The neighborhood is vibrant and all amenities such as shopping, dining, entertainment, etc. are within reach. Daily errands can be done on foot as most essentials are available within walking distance without the need of using vehicles. The famous Eaton Centre is located in the neighborhood and features over three hundred of stores where you can do your shopping. Similar to the Times Square in New York, Toronto has its own Yonge/Dundas square which is in the neighborhood. Here you can find events, live music and flashing billboards all year round. In winter, residents can make use of the Toronto underground PATH retail concourse where most of downtown is interconnected and features several stores and services.

List of New Condos in the Downtown Toronto Neighbourhood

Why Invest in Downtown Toronto Real Estate?

Downtown Toronto is centrally located and serves convenient for most of its residents. Besides all the amenities that it offers, most parts of Toronto are easily accessible from here. This is one of the main reasons why majority of the population in the neighborhood consists of young professionals. Over the last decade, there has been an exponential growth in the number of condos that have emerged in the neighborhood. Considering this factor along with the demand for the neighborhood, makes it ideal to invest in real estate here. There has also been a gradual growth in the prices of real estate in Toronto. Investing now would help yield a better value in a few years. You can also be assured of a regular income through rent with the current rate of demand.

Transit Options

Thanks to its central location, Downtown Toronto offers world-class transportation. There are three subway stations here – College, Queen and Dundas. They are easily accessible and can connect you to other parts of the city within no time. You will also find TTC bus and streetcar services that run along these major roadways. For residents who prefer to drive, the Gardiner Expressway and the Lake Shore Boulevard are a few minutes away which can help in commuting in and out of the city.

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