List of New Core in South Core Neighbourhood

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Why Invest in South Core Real Estate?

South Core is located in the core of downtown Toronto, a thriving neighbourhood. Considered one of the fastest-growing neighbourhoods in the city, South Core is encircled by arterial downtown routes, Front Street to the north, Lower Jarvis Street to the east, Queens Quay in the South, and Lower Simcoe to the west. One of the many features new condos in South Core boast is the flawless location between two iconic Toronto districts, the Entertainment District and Financial District. Usually referred to as “SoCo”, the neighbourhood prides itself on receiving the nickname “mini Manhattan” due to its corporate offices and lively entertainment.

Why buy a Condo in South Core?

There has never been a better time to invest in South Core condos. SoCo is currently going through a rapid transformation with the development of new high-rises in the neighbourhood. SoCo receiving proposals to build corporate towers, as well as other homes, has marked SoCo’s future as the prime spot to live, work, and play. Surrounding neighbourhoods around SoCo from East Bayfront, the Port Lands, and Quayside have been undergoing drastic transformations as well. This can only mean that the waterfront’s urban centre, which incorporates all of these neighbourhoods, will be incomparable to its many life amenities. This will include connectivity to transits, local amenities, and employment opportunities. More so, the area is foreseen to add to the ever-growing tech industry of the city.

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Life in South Core

As the plans of building master-planned communities in South Core are still in the works, residents of South Core condos can easily access the Financial and Entertainment Districts of Toronto. The Financial District is home to banking companies, corporate headquarters, insurance companies, and so on. This can only mean that employment within the area is rich and versatile from corporate towers to fast-food and restaurant chains surrounding the area. After work, you can easily go to the Entertainment District to unwind. In need of a drink? Explore bars such as Flynn’s of Temple Bar, or Steam Whistle Brewery. Want to be a tourist in your city? Explore the iconic landmark of Toronto’s CN Tower and other great destinations such as Ripley’s Aquarium, Hockey Hall of Fame, Royal Alexandra Theatre and so much more. Activities in the Entertainment District are limitless and never dull and all of this is easy for you to take part in when living in South Core.

Average Prices of Condos in South Core

South Core has a balanced real estate market. According to the TREB data, the average price of all types of residences, including new condos in South Core is $938,504. In comparison to its neighbours, Mississauga averaged $1,187,122 in all types of residences. As of April 2022, new condos in South Core were priced on an average of $854,771 and spent an average of 13 days listed in the market. Rent in South Core is on an average of $2,000 per month for a 1-bedroom apartment.

Transit and Accessibility

South Core has one of the best transportation accessibility within the city. South Core condo residents will be happy to know whether it be walking, public transportation or personal driving will easily take them to their destination in no time. Union Station, the largest transportation hub in the city, is only a walk away. Commuters will enjoy having access to the University subway line that can transport them from the north and south of the city. Need to access the west or east end? Just switch lines on Line 2 Bloor-Danforth, commuting has never been easier. In need of a break from the city? The GO buses and trains within Union station take you as far as Niagara falls or far north in Barrie. In the future, you can expect the Waterfront LTR that will take commuters from Long Branch in Etobicoke to Union Station and even Line 5: Eglinton Crosstown. If public transportation is not for you, quickly get on the Gardiner Expressway that joins the Don Valley Parkway only minutes away.

Living in a new condo in South Core presents additional benefits for post-secondary students. The area provides access to top universities and colleges in the city. These post-secondary institutions include OCAD University and CMU College of MakeupArts and Design are prestigious schools for arts and craftsmanship. In addition, reputable universities such as Toronto Metropolitan University and the University of Toronto are only 15 minutes away through the streetcars. George Brown College also has its largest campus nearby, St. James Campus, a well-known business studies expert, along with its Waterfront campus specializing in medicinal studies and Daniels Waterfront school of design. Students can breeze through the city and access their institutions with ease and find endless local amenities to support them.

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