Why Invest in High Park Real Estate?

High Park is one of Toronto’s most desirable neighbourhoods since it is one of the city’s most historic, greenest, and liveliest neighbourhoods. The neighborhood is as full of character as it is whimsical because of its rich cultural heritage and abundance of exquisite houses that date back to the late 19th century. The High Park neighbourhood is bounded to the north by Dundas Street West, to the east by Sorauren Avenue, to the south by Lake Ontario, and to the west by the Humber River. When it comes to High Park real estate, there are a wide range of options offered within the neighborhood’s large territory. Many condos and high-rise complexes can be found in the neighbourhood around major streets such as Bloor Street West and the lakeside region. For many homeowners, having a view of one of Toronto’s most recognized and picturesque parks is a dream come true. It’s understandable why people wishing to live in Toronto’s west end choose High Park, which offers both a short subway journey to the downtown core and the peaceful surroundings.

List of New Condos in High Park Neighbourhood

Why Buy New Condo Developments in High Park?

Thanks to the area’s closeness to the subway line, there are a handful of apartment and new condo developments in addition to the majority of freehold, semi-detached homes. Since 2011, the neighbourhood has started to undergo a significant makeover. Newer condos are luring a surge of young families, as well as some individuals and couples, to the neighborhood. New condo developments can be found in the High Park neighbourhood along Quebec Avenue, just north of Bloor Street. These condos fall into the budget bracket. They contain balconies, some of which provide views of High Park and Lake Ontario in the south. It’s no wonder that the High Park neighbourhood is highly sought after by both homeowners and investors because it constantly aspires to offer unparalleled urban amenities.

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High Park Neighbourhood

High Park, a sizable green space on a prominent hill with a south-facing location and a view of Lake Ontario, is whence the neighbourhood derives its name. There are now 23,925 people living in the High Park neighbourhood, with 10,875 families. High Park, like the majority of Toronto’s west end residential communities, is praised for its friendly, community-focus vibe. The majority of the area’s population are families or family-friendly homeowners who appreciate living in the close-knit villages that comprise High Park. The 400-acre High Park is just next to this neighborhood, which is constantly bustling with activities: from summertime activities by the lake to Eastern Europe festivals. festivals in Eastern Europe to lakeside activities in the summer. Spend the afternoon enjoying the park’s splendour while relaxing on a picnic blanket. Don’t miss the Japanese Sakura Cherry trees from late April to early May when they are in full bloom. High Park also features sports facilities such as a baseball diamond, lawn bowling, skating rink, soccer fields, swimming pool, and tennis courts. The park also has walking, jogging, and cycling routes. You can also visit the Runnymede Public Library on Bloor Street or the High Park Public Library and check their collection of books.

Average Prices for Condos in High Park

High Park’s real estate market is currently hot, with only a three-month inventory level. High Park’s real estate had an average sales price of $1,935,163 in June 2022, with most transactions costing above $2 million. Detached homes make up the majority of real estate transactions in High Park (39 percent), followed by condos (38 percent) and semi-detached homes (20 percent). Properties typically contain four bedrooms. In June 2022, condos sold in High Park on average for $888,528, a 12.4 percent increase over the same month the previous year.

High Park Transit & Accessibility

High Park has an outstanding public transit system. Most homes are within walking distance of a bus or streetcar stop. The High Park neighbourhood is served by three subway stations on the Bloor-Danforth line: High Park, Keele and Runnymede. The neighbourhood is both walkable and bicycle-friendly because of its proximity to Bloor Street. For people who prefer to drive, the Queensway is only a five-minute drive away and links to major roads such as the Gardiner Expressway and Lake Shore Boulevard.

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