List of New Condos in Niagara Neighbourhood

Why Invest in Niagara Real Estate?

When you hear Niagara you immediately think of the region rather than this Toronto neighbourhood. However, the neighbourhood version of Niagara does not lack in any aspect. This western community of Downtown Toronto is set to becoming the hottest address in the GTA. Residing directly in front of the waterfront, residents have the majestic view of Lake Ontario. Niagara’s most attractive feature is its recreational activities, from the surrounding parks to many performance venues in the area, Niagara is just at proximity or hosts these events. For many, Niagara’s most defining feature is its community, from its historic past due to Fort York to now an urban residential area, Niagara sets a different environment in comparison to other Downtown neighbourhoods.

Why Buy New Condo Developments in Niagara?

Investing in a pre-construction condo in Niagara means a bounty of life amenities. Niagara is littered with amenities wherever its residents go, in fact many residents choose to walk rather than drive as these benefits are just within proximity. From parks such as Rose Park, Coronation Park, the BMO field to commercial areas such as King West Village and the Fashion District just outside the neighbourhood. Transportation here has been made easy with the Gardiner Expressway is easily accessible to take you anywhere Downtown Toronto. However, its real strength truly lies on the public transportation making it easy for residents to commute anytime and anywhere! Within the neighbourhood comes many different forms of entertainment such as nightlife, recreation, events, and more! It’s no doubt that Niagara is truly the most sought out neighbourhood in Toronto.

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Entertainment in Niagara

No matter the season or the time of day Niagara has something to offer for its residents. During the late Summer months, The Canadian National Exhibition is held here every year. This fair has a variety of rides, games, and delights for families to come and enjoy. The Canadian National Exhibition is also a great place to view shows ranging from children’s entertainment to musical performance and even busker shows! For those who love sports, the BMO field is here for its residents to cheer for two of Toronto’s most beloved teams – the Toronto FC and the Argonauts. Another great place to visit would be, Medieval Times, a dinner and tournament show that many Toronians garner and watch together. If nightlife is what you’re looking for, King Street West on the northern part of the neighbourhood offers many iconic spots such as Ruby Soho. King Street West is lively and full of many bars and restaurants to visit.

Condos HQ | Niagara Condos

Average Prices of Condos in Niagara

According to the TREB data, the average price of all types of residences, including new condos in Niagara is $925,247. In comparison to its neighbour region, Mississauga averaged $1,187,122 in all types of residences. As of May 2022, condos in Niagara were priced on an average of $839,596 and spent an average of 14 days listed in the market. Rent in Niagara is on an average of $2,400 per month for a 1-bedroom apartment with a 9% increase in comparison to its previous year.

Getting Around the City

Niagara condo residents are well provided with transportation options. In the middle of the neighbourhood runs the 509 streetcar that stops at Union Subway Station. Union Subway Station is the largest transportation hub in all of Toronto. This Subway Station offers a variety of modes such as Go Bus, Go Trains, Subway Lines, Buses, and Street car options for everywhere in the GTA. In detail, residents can take the 509 and use the Go Train for outside regions such as Hamilton or Bulington. If residents are looking to ride up north, Union Station Subway Station can easily take you to either Finch Subway Station Or Vaughan Subway Station. For those looking to explore the east and west ends, taking the subway line north is just 5 stops away from Bloor-Yonge Station and St. George Station where you can easily transfer to the Line 2: Bloor -Danforth Line. Other streetcar options within the neighbourhood is the 507, taking residents to St. Andrew Station, just 1 stop away from Union Station. For those who prefer personal vehicles, the Gardiner Expressway is joined to the Don Valley Parkway and Queen Elizabeth Way, taking you anywhere in Toronto and outside regions.

Condos HQ | Niagara Condos
Condos HQ | Niagara Condos

When talking about the beautiful community of Niagara you simply cannot ignore the view and pathway of Lake Ontario. This scenery has influenced how Niagara has grown as a neighbourhood. To continue the blessing of nature in the community, many parks have been situated in the area for its residents to enjoy. Rose Garden has many walking trails that allow everyone to view the scenery of the waterfront. If we’re talking about views, Marilyn Bell Park is another hot destination for its lush green space that overlooks Lake Ontario. Many other parks are situated in the area as well that are far from the water such as Garrison Common, Liberty Village Park, and Centennial Park. Residents here can have the tranquility of nature whilst being in an urban core space.

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