List of New Condos in St. Lawrence Market Neighbourhood
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Why Invest in St. Lawrence Market Real Estate?
Of the original six neighbourhoods that make up Old Town Toronto, St. Lawrence Market is undoubtedly the most bustling. It is bordered to the north by Queen Street East, to the east by Parliament Street, to the east by Yonge Street, and to the south by the Gardiner Expressway. In terms of urban real estate planning, the St. Lawrence Market neighbourhood has received high praise. It now acts as a blueprint for new neighbourhood design and planning across North America. The new condos and townhomes in the St. Lawrence Market neighbourhood were produced by some of Toronto’s renowned architects. For young professionals and couples in particular, St. Lawrence Market is a wonderful area to live and work. It offers everything, from lofts and ancient brick buildings to new condo developments, restaurants, and pubs. The St. Lawrence Market district is where modern Toronto meets old Toronto.
Why Should You Buy A New Condo Development In St Lawrence Market?
In recent years, the St. Lawrence Market real estate has seen the introduction of new condo developments made with luxury glass and steel condo that have spread across Toronto’s downtown core. The St. Lawrence Market neighbourhood is constantly transforming, and real estate is thriving. New Condos are in great demand here. St. Lawrence Market has home prices that are 20% higher than the average home price in Toronto. St. Lawrence Market is a significant part of downtown Toronto when taking into account its historic, urban, and residential components. The neighborhood is actively being developed, there is a booming real estate market, and the future seems bright. Whether you want to relocate here or purchase a new condo development as an investment, you made a timely and right decision.
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Recreation in St. Lawrence Market
David Crombie Park is a linear park that stretches along The Esplanade into the heart of the St. Lawrence Market neighbourhood. This park features beautiful walking and seating areas, a waterfall, a basketball court and a handball court. You can also find The St. Lawrence Community Recreation Centre on The Esplanade. There are a games room, a gymnasium, a piano room, squash courts, a swimming pool, and a weight room in this modern facility. Two main libraries in the St Lawrence neighbourhood are the Toronto Public Library at 171 St Front East and the Ontario Library Association at 50 Wellington St East. Young professionals make up the majority of the population at St. Lawrence Market. The proximity to other neighborhoods, such as Bayfront and the Beaches, the Distillery District and old Toronto, the Farmer’s Market, the Financial District, and Lake Ontario, has given St. Lawrence Market a diverse, multicultural, and multidimensional character. Over 30,000 people live in the neighbourhood, with more than half of them being single, a third being young couples, and the remainder being families. The vibrant St. Lawrence Market neighbourhood, one of Toronto’s oldest and most character-filled, is lively throughout the day and has a fantastic nightlife scene.
Average Prices Of Condos In St Lawrence Market
Condos are the main type of housing here, which account for 99 percent of the total home sales in the area. This is followed by condo townhouses which account for only 1 percent. Condominium apartments are very common here and most of the properties consist of a single bedroom. The price on average in this neighborhood over the last year stood at $571,369, which was a hike of 13 percent over the last term. One the other hand the average premium for condos over the previous year stood at $565,772, against $906,623 as the average freehold price. Homeownership in St Lawrence is high with 51 percent of the properties being owned while the remaining 49 percent being tenanted. This neighborhood is right in the middle of the downtown core and as such you have everything you need within a few steps away from your house. Besides amenities, St Lawrence is also home to the famous George Brown College. This institution is one of Downtown Toronto’s urban campuses and offers a wide range of programs which include 6 programs for degrees, 31 programs for advanced diploma and 35 programs for regular diploma. This college witnesses more than 25,000 students being enrolled annually.
Transit And Accessibility In St Lawrence Market
The fact that St. Lawrence Market has an excellent transit system is one of its outstanding qualities. Public transit is well-served in the region, making it simple to go anywhere within the city. There are various street-level transportation options available here, including bus services along Sherbourne and Parliament Streets and streetcar services along King Street. The St. Lawrence Market neighbourhood is within walking distance of Union Station. Union Station serves as a hub for TTC, Go Transit, and Via Rail services. St Lawrence Market also has easy access to major highways, making it perfect for drivers. The Lakeshore Boulevard, Don Valley Parkway, and the Gardiner Expressway are all within a few minutes’ drive of this neighbourhood. These roads connect to the remainder of the Greater Toronto Area.
Retail stores as well as other amenities may be found along the Esplanade, which runs through the St. Lawrence neighbourhood and serves its residents’ everyday needs. The restaurants, bars, and unique boutiques on the Esplanade draw both tourists and Torontonians from other neighbourhoods. Residents of St. Lawrence Market enjoy the privilege of being able to walk to the legendary St. Lawrence Market, a culinary emporium with over 200 merchants that draws visitors from everywhere. Enjoy a wide selection of gourmet delicacies, listen to live music, and shop for anything from fresh seafood to farm-fresh eggs and organic poultry as you walk around this Toronto landmark. You may also visit The Market Gallery on the upper floor and purchase gift items there. Head to King St. East for designer furniture and other retail shops.
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Find New Condos Developments By The Neighbourhood
Toronto Neighbourhoods
- Alexandra Park
- Bathurst Quay
- Bloor West Village
- Brockton Village
- Cabbagetown
- Chinatown
- Christie Pits
- Church & Wellesley
- Corktown
- Davisville
- Deer Park
- Dovercourt Park
- Downtown Toronto
- Dufferin Grove
- East Bayfront
- Entertainment District
- Fashion District
- Financial District
- Forest Hill
- Garden District
- High Park
- Junction Triangle
- Kensington Market
- King West
- Lambton
- Lawrence Park South
- Leaside
- Leslieville
- Liberty Village
- Lower Don Lands
- Midtown Toronto
- Niagara
- Port Lands
- Quayside
- Regent Park
- Riverdale
- Roncesvalles Village
- Runnymede
- St. Lawrence Market
- Stockyards District
- Swansea
- The Annex
- The Beaches
- The Danforth
- The Distillery District
- The Junction
- Trefann Court
- Upper Beaches
- Wallace Emerson
- Weston
- West Don Lands
- West Queen West
- Yonge & Eglinton
- Yorkville
