Midtown Toronto alive and right in the heart of the city
April 10, 2021
Mention Midtown Toronto to people, and they generally react in one of two ways. “Where exactly is that?? – the inference being that in a growing city of this size, pinpointing the centre is difficult, to say the least.
And once realizing “Midtown” is roughly defined by Bloor Street to the south, Eglinton Avenue to the north, Bayview to the east and around Dufferin Street to the west, people often think “Old Toronto.”
And in the context of real estate, that means high-priced.
Increasingly accessible
Indeed, with neighbourhoods such as Rosedale, Forest Hill, Deer Park, Summerhill and Yonge & Eglinton, Midtown is generally affluent and exclusive. Signature detached homes in any of these areas easily run into the multi-million-dollar range.
However, new developments coming on the scene, particularly some landmark highrise condominiums, are making the area increasingly accessible to a variety of residents.
Once commonly known as “Yonge & Eligible,” due to its popularity among young, single professionals, Yonge and Eglinton is quickly becoming one of Toronto’s most desirable neighbourhoods, appealing to a variety of lifestyles.
Boasting five-star restaurants, boutiques, diverse retail services, schools and corporate head offices, residents have plenty of options for work and play right outside their front door.
Crosstown traffic
If a great midtown location isn’t enough, proximity to transit is also a significant appeal of this area, being right on the Yonge Street subway line. And come 2022, moving about the city will get even easier, with the expected completion of the Eglinton Crosstown LRT.
Slightly off the beaten trail, wander over to nearby Davisville Village, Mount Pleasant Village and Forest Hill Village for a taste of what that Old Toronto was like, still with small, independent shops and nice little parkettes.
LOCATION, LOCATION, LOCATION
Bloor Street to the south, Eglinton Avenue to the north, Bayview Avenue to the east and around Dufferin Street to the west.
KEY LANDMARKS
- Yonge Eglinton Centre
- Casa Loma
- Spadina Park
- Forest Hill Village
- Davisville Village
- Mount Pleasant Village
SELECT CONDO DEVELOPMENTS
44 Broadway
By Collecdev
44broadway.ca
Avenue & Park
By Stafford Homes
avenueandpark.ca
E2 Condos
By Metropia
e2condominiums.com
Keewatin
By Freed Developments
freeddevelopments.com
Plaza Midtown
By Plaza
pureplaza.com
Untitled. Toronto
By Reserve Properties, Westdale Properties and Pharrell Williams
untitledtoronto.com
Y&S
By Tribute Communities
yongesoudan.ca
About Wayne Karl
Wayne Karl is an award-winning writer and editor with experience in real estate and business. Wayne explores the basics – such as economic fundamentals – you need to examine when buying property. wayne.karl@nexthome.ca