| Dovercourt-Wallace-Emerson-Junction

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Towards the end of last year, I did a blog post about the top 10 neighbourhoods to buy in Toronto, as reported by Toronto Life. At the time, the full report wasn’t out, I was just giving you a sneak preview. Well, it finally is, so let’s go into more detail about where to buy now in Toronto according to Toronto Life.

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1. Mimico, “because it’s one lakefront revitalization that’s on schedule”:
-Waterfront views not blocked by the Gardiner
-Lakeshore Blvd. is showing signs of revitalization
-Big lot sizes
-Boundaries:

  • From Islington Ave to the Humber River
  • From the Gardiner Expressway to the lake

-Average prices:

  • 2010 $390,677
  • 2011 $441,642

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2. East End Danforth, “because million-dollar homes, modest semis and co-ops commingle close to the beach”:
-Great urban mix
-Anything goes here from brand new townhomes, to detached Edwardians to co-op housing mixed with parks and the boardwalk
-Boundaries:

  • Woodbine Ave to Victoria Park Ave
  • Doncaster Ave to Kingston Rd

-Average prices:

  • 2010 $470,180
  • 2011 $499,022

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3. Christie Pits, “because good parks make good neighbours”:
-Big community vibe with the garden and summer movie nights
-More toddlers and strollers vs. crime and drug dealers
-Homes with history
-How can you say no to the new Starbucks?
-Boundaries:

  • From Ossington Ave to Christie St
  • From the railroad tracks north of Dupont St to Bloor St W

-Average prices:

  • 2010 $533,213
  • 2011 $623,609

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4. St. Lawrence, “because everything an urbanite needs is within a five minute walk”:
-Spacious condo units
-Has the St. Lawrence market!
-New condo buildings being developed
-Very walker friendly, but anti-car
-Boundaries:

  • From Yonge St to Parliament St
  • From Front St E to the Gardiner Expressway

-Average prices:

  • 2010 $385,609
  • 2011 $401,811

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5. L’Amoreaux, “because the suburban ideal is alive in Scarborough”:
-Big lot sizes
-Majority of homes are 4 bedroom minimum
-Public schools have specialty programs
-Lot’s of greenery
-Boundaries:

  • From Victoria Park Ave to Kennedy Rd
  • From McNicoll Ave to Huntingwood Dr

Average prices:

  • 2010 $314,152
  • 2011 $322,496

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6. Blake-Jones, “because of the friendly cul-de-sacs in the pocket”:
-15 minute comunte to downtown
-Neighbours actually know each other
-Residents are committed to greening the area
-Boundaries:

  • From Pape Ave to Greenwood Ave
  • From Danforth Ave to the railroad tracks north of Gerrard

-Average prices:

  • 2010 $485,535
  • 2011 $584,455

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7. Davisville Village, “because it’s the last place under $1 million off Yonge”:
-Great schools
-Family friendly
-Beautiful homes between $600,000-$800,000 while having the conveniences of Yonge St
– Yummy cafes and restaurants
-Boundaries:

  • From Yonge St to Bayview Ave
  • From Eglinton to Mount Pleasant Cemetery

-Average prices:

  • 2010 $592,110
  • 2011 $604,556

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8. Corktown, “because the historic neighbourhood has lofty ambitions”:
– Turned into a booming neighbourhood with plenty of lofts
-River City development
-Regent Park revitalization
-Boundaries:

  • From Berkeley St to River St
  • From Shuter St to Front St

-Average prices:

  • 2010 $428,017
  • 2011 $501,055

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9. Wallace-Emerson, “because urban tastemakers and young families are changing the neighbourhood”:
-Hipsters are snatching up properties in this area
-Lot’s of new bars, cafes and restaurants
-Still affordable and close to downtown
-And it’s close to my hood!
-Boundaries:

  • From the railroad tracks west of Perth Ave to Dufferin St
  • From the railroad tracks above Dupont St to Bloor St

Average prices:

  • 2010 $418,698
  • 2011 $434, 112

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10. Brockton Village, “because Lansdowne’s shedding  its grundgy skin-without becoming generic”:
-Affordable yet urban
-Several hip shops, cafes, brunch spots and restaurants
-Old Victorian homes are a favourite
-Boundaries:

  • Railroad tracks off Dundas St W
  • Meeting at Dufferin and Queen West and Bloor St

-Average Prices:

  • 2010 $418,698
  • 2011 $434,112

Those are your top 10 neighbourhoods to buy in now! Let me know if your hood made the list or if you agree or disagree with the choices.

Have a great weekend!
***Maps via Wikipedia***
***Information via Toronto Life***
Aleks

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