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Original guide information
The following guide was last updated 2024-06-15. Prices, statistics and availability in this historical text may have changed. Refer to the project pages or contact us for current information.
Why Invest in Summerhill Real Estate?
There is no other community like Summerhill that possesses such a distinct aesthetic. Summer hill is an old
Toronto neighbourhood that is known for its lavish lifestyle and distinctive community. Stretching back to the city’s early beginnings, Summerhill has set their community unique to their own. New condos in Summerhill will find themselves bordered by arterial routes, due to the history that Summerhill carries. Summerhill started its development after the construction of the North Toronto Railway Station starting with railway labour cottages and a litter of row houses. As modern day transportation took over the city, Summerhill found its residential development grew in 1954 after the construction of the TTC Summerhill Station.
Why Buy New Condos in Summerhill?
Investing in a pre-construction condo in Summerhill condo means taking part of the affluent culture within the community. Summerhill is neighbours to other noteworthy communities such as Rosedale, Forest Hill, and Deer Park, however Summerhill remains to be a front runner of one of the most favoured and sought out after real estate markets. Summerhill has a history that can be seen through the architecture of
low-rise contemporary homes and Victorian and Edwardian houses, this gave the community such a character and uniqueness that made it rise above. Along with its proximity to Downtown Toronto and its highly accessible transit options from the Line 1: University Subway Line has made Summerhill such an attractive and worthy investment for many.
Education in Summerhill
Owning a new condo in Summerhill, a prestigious neighbourhood that lists many achievements, boasts attracting many strong educational institutions. Upper Canada College, George Brown College Casa Loma Campus, Branksome Hall (girls private school), and Jarvis CI. With education around the corner, young families would be thrilled to know that the area is at such a close distance from all educational levels. If these schools aren’t for you, Summerhill still has not lost its sparkle. From the University Subway Line easily accessible you can reach top universities such as University of Toronto, Toronto Metropolitan University, OCAD University, all residing in Downtown Toronto which would only be a few subway stops away.
Education in Summerhill
Minutes away from the only castle in Toronto, the valuable, historical, and iconic landmark of Casa Loma
Education in Summerhill
Rich in history with the emphasis on creative architecture of modern victorian and edwardian houses
Education in Summerhill
The city is accessible through both public transportation via Summerhill Subway Station on the University Subway Line. With other stations nearby as well such as Rosedale Station, St Clair West Station, and Dupont Station
Education in Summerhill
Rich in education in all levels with the presence of schools such as George Brown College Casa Loma Campus, Upper Canada College, and Jarvis Collegiate Institute
Education in Summerhill
Have access to countless amenities through a commercial area. Yonge Street in Summerhill is a highly concentrated area for commercial activities
Education in Summerhill
Abundant amount of nature with Ramsden Park, David A Balfour Park, and Spadina Road Park all for exploring and relaxing
Average Prices of Condos in Summerhill
According to the TREB data, the average price of all types of residences, including new condos in Summerhill, is $1,827,630. In comparison to its neighbour, Etobicoke averaged $1,201,504 in all types of residences. As of April 2022, new condos in Summerhill were priced on an average of $1,346,454 and spent an average of 14 days listed in the market. Rent in Summerhill is on an average of $2,095 per month for a 1-bedroom apartment.
Transit And Accessibility
Summer hill is an incredibly walkable neighbourhood paired with access to a well-connected transit system. The area has its own Summerhill subway station, with Rosedale station located nearby as well. Also conveniently situated are Line 1 St Clair and Dupont station. The neighbourhood is also served by streetcar and bus routes, and is situated next to the soon-to-be completed Eglinton light rail route. There are also talks of the nearby North Toronto Station being reopened as a transportation hub for future GO transportation down the midtown corridor. In addition to multiple public transportation options, Summerhill is a neighbourhood designed with walkability in mind.
Summerhill Condos
A new condo in Summerhill presents itself to be unique as you can have it all within your own community. Summerhill has a concentrated commercial area by Yonge Street, running directly down in the middle of the neighbourhood. Businesses have developed in this commercial area including high-end bistros such as Atai Bistro, international cuisine such as Kibo Sushi, and other daily life necessities such as banks and pharmacies. This area alone could be completed without any transportation at all. With a whopping score of 92 in walkability, the area is deemed to be “Walker’s Paradise” where commercial activities can be completed without any use of transport. If the commercial district is not what you're after, you’ll be pleased to know that Summerhill offers beautiful and bountiful spaces for greenery. From David A Balfour Park in the east , Ramsden Park in the south, and Spadina Road Park in the west, the area is brimming with nature all yours to indulge in. Being part of this neighbourhood means you have eyes on one of Canada’s historical monuments, the Casa Loma.
How Is Healthcare in Summerhill?
Condos in Summerhill have access to healthcare in nearby health services. From Summerhill Health Centre to Precision Health Centre all offering various specialties from chiropractors to general medicine. Due to its proximity to Downtown Toronto, Summerhill can also rely on world class hospitals such as Sick Kids The Hospital for Sick Children nearby.
Is It Worth Investing into a New Condo Development in Summerhill?
Investing in a pre construction condo in Summerhill would be a lifetime investment that carries many benefits. From customizing your unit, earning a profit, saving money on inflated rent prices, and the amenities of living in a posh neighbourhood. Being part of Toronto’s most developed and one of the richest neighbourhoods within the largest city in Canada, you can expect a growth in condo units’ value profitable for later decisions. Additionally, opportunities of employment, life amenities, culture, and lifestyle will be all yours to take part in.
