Junction Triangle

Junction Triangle is a tiny neighborhood within a neighborhood in the western side of Toronto. The area is surrounded by three major railway lines which form a triangle. The Metrolinx GO transit Barrie line is located to the neighborhood’s east, the CNR/CPR mainline to its west and the CPR east-west railway line to its north. Although Junction Triangle had struggles in the past, it is now anticipated to be one of the most sought-after neighborhoods in the city. This neighborhood has a population of approximately 10,483 residents and continues to grow rapidly with the development of new condos in the area. This influx of new residents is believed to completely alter the identity of the neighborhood. The average income of the area is $28,067 which stands at a good deal below the average income of Toronto. 32 percent of the homes here are under ownership while the remaining 68 percent are tenanted. The neighborhood has caught attention from developers because of its close proximity to downtown core and High Park. Junction Triangle has gone through a major transformation over the years from being an industrial core to seeing new residential lofts, townhomes and low to mid-rise condominiums. There are plans to turn this neighborhood into a mix-use neighborhood with multi-storey buildings that will also have affordable live-work spaces. The development of such projects will help in generating an approximate 3000 jobs in the area.

List of New Condos in the Junction Triangle Neighbourhood

Why Invest in Junction Triangle Real Estate?

When it comes to real estate, Junction Triangle has seen some of the best returns in the last decade compared to other neighborhoods in Toronto. The neighborhood seems to be attracting young professionals, young families and couples. Buyers who had invested here on condos had taken a huge risk but later found that it had paid off quite well. One of the main factors that attract people to reside here is its location. The neighborhood being in close proximity to downtown core makes it convenient for commuting. The neighborhood also has excellent transit system which is a high priority to most people looking for houses. Junction Triangle also has plans of becoming a mix-use neighborhood with affordable commercial spaces that will generate jobs. This will soon lead to a huge influx of young professionals who would prefer to stay within the same neighborhood as their workplace. Not only will this generate income every month but will also help in getting good returns on your investment.

Transit Options

Junction Triangle features an excellent access to public transportation. You will be able to avail bus services along Symington Avenue, Lansdowne Avenue, Dupont Street, Keele Street and Dundas Street. You can also use the subway services in the neighborhood at the Dupont, Lansdowne and Dundas West stations. Residents who prefer driving can make use of Dundas Street West or Bloor Street West and reach downtown in 10 minutes. More transit options are also coming up with Metrolinx’s new GO station which has been proposed and planned to be set up at the corner of Lansdowne and Bloor.

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