ayc condos

Beautiful Toronto Condo Neighbourhoods Just Out of the Downtown Core

The hustle and bustle of living inside Toronto’s ever-growing downtown core care be intimidating for some Torontonians looking to reside in nice quiet Toronto neighbourhood. Many couples and young families living in Toronto are looking for an ideal location that feels as though it’s far away from the downtown core, but also offers quick access to the city. Toronto’s parks, waterfronts and trails can give you that feeling of being further from the city than you actually are. There are many prime condo neighbourhoods on the fringe of the downtown core area that are becoming more rare as the city continues to expand at a rapid rate.

Will the Manhattanization of Toronto increase these neighbourhoods value?

manhattanization of torontoThe term ‘Manhattanization’ in relation to Toronto refers to the expedited increase of tall building in the downtown. Everyday the Toronto skyline is going to become more filled out by the construction cranes, tall condo buildings and office towers that continue to expand and cover the surface area of the downtown core.

Currently the city population of those living in the downtown area is about 250,000 and is projected to increase to roughly 475,000 by the year 2041. With the core projected to expand so quickly, it will be interesting to see the correlation between the rapid growth of the downtown core to the value of a condo in these increasingly rarer neighbourhoods just outside the borders of the downtown play out.

Where are these great neighbourhoods?

toronto's downtown coreThere are many areas just outside Toronto’s downtown core that still offer quick transit for those looking to head into the heart of the city. So what constitutes as being just outside of downtown? Most Torontonians will draw the line at anything north of Bloor Street and anything west of Bathurst and east of the Don Valley.

A condo outside of the downtown core boundary that has many great parks, clean sidewalks and quiet neighbourhoods is always highly sought after. When that same condo also boasts some of the great transit to the downtown core then you should witness a great rise in value.

Neighbourhoods to Look For

If you’re looking to invest in a beautiful neighbourhood free from the Manhattanization of the city, that still offers a close proximity, then make sure to include some of the following neighbourhoods in your research.

Mimico Humber-Bay Park

Any condo project placed in this neighbourhood is located just steps to Lake Ontario and its many kilometers of walking and cycling trails. The view of the downtown can be breathtaking and only a couple minutes away by vehicle, the TTC streetcar, or by a bike ride down the waterfront trail. Map of Mimico Humber-Bay Park.

Vita on the Lake Condos

vita on the lakeMattamy Homes is looking to take advantage of the unique beautiful view of the city and lake that only this neighbourhood can offer. This 53 storey project will be launching soon and more details will soon be released.

Find more information the on Vita on the Lake Condo Project by Biddington Homes and Mattamy Homes.

South-Hill

Just to the west of the “Casa Loma” neighbourhood, north of the Canadian Pacific railway tracks South-hill offers its residents a quiet area full of beauty. There are many great streets to walk down, many parks to take advantage of and many great vantage points of the city given the height of the neighbourhood.. Map of South-Hill Neighbourhood.

200 Russell Hill Condos

russel hillLocated just south of Forest Hill, this new luxury condo project is set to take advantage of the beautiful Casa Loma/South-Hill area of the city. Nestled up to Sir Winston Churchill Park, it can be difficult to remember that you are living so close to the city. If you do forget, you have quick access to the TTC and you can be downtown before your know it.

Find more information the on 200 Russell Hill Condos Project by the Hirsh Development Group.

The Annex

Perhaps the closest you can get to the downtown core, without sacrificing the peace and beauty of your dream neighbourhood can be found just north of bloor in the Annex. The Annex is where many of Toronto’s more traditional homes, beautiful parks and heritage buildings can be found. Not too far away is the premiere shops, cafes, restaurants and the luxurious nightlife that only Toronto’s Yorkville district can offer.  Map of the Annex Neighbourhood.

ayc condosAYC – Annex Yorkville Connection Condos

For the best of both the Annex and Yorkville, this brand new pre-construction condominium located at Avenue & Davenport at 181 Bedford Road might be what you’re looking for. Located close to the Annex and Yorkville border, it’s earned its name “AYC – Annex Yorkville Connection”.

Find more information the on Annex Yorkville Connection Condo Project by Metropia Urban Landscapes.

There are many other peaceful pockets in the city that are prime for condo development. With the demand of condos near Toronto’s core rising, and the Manhattanization of Toronto making these spots more rare and valuable, it’s a great time to invest. Use this interactive condo map to see some of the prime condo developments in these great quiet neighbourhoods.

If you are looking for your secret condo oasis close to the city or any of the other Toronto condominiums, get in touch with some of the Toronto’s best Condo experts or register for your new condo on the TalkCondo website today!

Roy Bhandari