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Tag Archives: affordable

West Toronto Junction

West Toronto Junc­tion has man­aged to retain its orig­i­nal small town charm and appeal despite it’s prime loca­tion in Toronto’s bustling west end. Iron­i­cally the same rail­way tracks that skirt this neigh­bour­hood and were respon­si­ble for it growth have seem­ingly also had the dual impact of shel­ter­ing the West Toronto Junc­tion from the wide­spread gen­tri­fi­ca­tion that has taken place in many Toronto neigh­bour­hoods. It is a lit­tle bit off the beat and path but well worth discovering.

Billed by many as the next West Queen West, The Junc­tion is already attract­ing artists and entre­pre­neurs for its cheaper rents and con­verted indus­trial and ware­house spaces. A raw food restau­rant and organic gro­cer are two recent addi­tions to the Dun­das West strip, join­ing estab­lished res­i­dents like Vesu­vio (touted by fans as the best pizza in the city). The neigh­bour­hood is also turn­ing into some­thing of a fur­ni­ture and design des­ti­na­tion, sport­ing three great shops in Post + Beam Recla­ma­tion, For­ever Inte­ri­ors and Smash.

Travel a few blocks east and you enter the Junc­tion Tri­an­gle, often taken as a sep­a­rate neigh­bour­hood, squeezed in between the Junc­tion, Ron­ce­valles and Blo­ordale Vil­lage (in the lit­eral tri­an­gle of rail lines bounded roughly by Dun­das, Lands­downe and Dupont). In 2009, a con­test was run to come up with a new name for the area, both to dis­tin­guish it from the Junc­tion proper, as well as to reflect its his­tor­i­cal ties to the railroad.

West Junction Real Estate Map

West Junc­tion Real Estate Map

So named for its loca­tion among four rail lines built in the late 1800s, The Junc­tion has shed its rep­u­ta­tion as a ’hood from the wrong side of the tracks. Thanks to cheaper rents and real estate val­ues, it’s home to bur­geon­ing num­bers of fam­i­lies and trans­planted down­town­ers who have been priced out of the core.

Close to High Park and Bloor West Vil­lage, The Junc­tion offers the same easy access to tran­sit and reli­ably good schools and its late 19th and early 20th cen­tury homes are more afford­able than its sis­ter neigh­bour­hoods (though the gap is shrinking).

West Toronto Junc­tion is still afford­able and appeals to a wide demo­graphic from young fam­i­lies, to artists to urban pro­fes­sion­als. This is as true a neigh­bour­hood as you are likely to find in Toronto. It has a strong sense of pride and his­tory, a beau­ti­ful main street shop­ping dis­trict on Dun­das Street West, cher­ished local schools, parks and library, and a diverse pop­u­la­tion that runs the gamut from gen­tri­fi­ca­tion to an edgy urban grittiness.

The com­mer­cial strip was belea­guered by empty store­fronts in the early aughts, but Dun­das has seen a boom in new busi­nesses (if there’s any doubt as to which direc­tion the dis­trict is head­ing, a Star­bucks recently opened in the area). The north­ern cor­ner is see­ing the devel­op­ment of big-box stores on the site of the for­mer stock­yards at St. Clair Avenue and Weston Road, but the neigh­bour­hood still retains a small-village feel. West of Keele and Dun­das, the streetscape is teem­ing with new restau­rants, inde­pen­dent shops and a con­glom­er­a­tion of stores spe­cial­iz­ing in vin­tage interiors.

Dundas Street West in the Junction

Dun­das Street West in the Junction

West Toronto Junc­tion has some of the finest archi­tec­ture in Toronto. The wind­ing tree-lined streets north of Annette Street fea­ture rich red brick Vic­to­rian houses on gen­er­ous size lots that boast dec­o­ra­tive fea­tures such as roof top tur­rets, whim­si­cal front porches and glam­orous arch­ways. There are some fine exam­ples of Queen Anne and Arts and Crafts style house in this part of the neighbourhood.

Closer to Dun­das Street the houses are Vic­to­rian in style but much smaller and much less descrip­tive. The lots at the north-end of the neigh­bour­hood are also nar­rower. You will find a that a fair num­ber of the larger houses par­tic­u­larly on the main streets have apart­ments with two or more units which help pay for the upkeep and prop­erty taxes.

West Toronto Junc­tion began as a rail­way town in the 1870s. A con­ver­gence of rail­way lines oper­ated nearby and opened sta­tions and rai­l­yards, attract­ing man­u­fac­tur­ers and their employ­ers to the area. Many of the houses clos­est to Dun­das Street housed the labour­ers and their fam­i­lies that first set­tled here. Exces­sive drink­ing and row­di­ness led to a pro­hi­bi­tion on alco­hol being sold on Dun­das Street West that lasted until 2000.

West Toronto Junction Real Estate

West Toronto Junc­tion Real Estate

In 1882 an ambi­tious young lawyer named D.W Clen­de­nan in part­ner­ship with his uncle D. J. Laws pur­chased the Carl­ton Race Course prop­erty (the first run­ning of the Queens Plate was held there in 1860owned by the Keele fam­ily. They then reg­is­tered the West Toronto Junc­tion plan of sub­di­vi­sion. By 1884 lots were being sold with ads in news­pa­pers beck­on­ing buy­ers to West Toronto Junc­tion where they would enjoy com­mand­ing views of Lake Ontario and High Park. There were 5 miles of streets paved and over 1500 shade trees planted.

By 1888 West Toronto Junc­tion had enough res­i­dents to incor­po­rate as a Vil­lage and by 1891 a Town with a pop­u­la­tion of 5,000. Churches, libraries and schools would soon fol­low. Through­out it’s early his­tory the West Toronto Junc­tion expe­ri­enced boom and busts cycles. In 1909 the increased demand for more util­i­ties and bet­ter roads led the ratepay­ers to vote in favour of annex­a­tion with the City of Toronto.

Once a gritty rail­road town, it was annexed by the City of Toronto in 1909 and remained under the real estate radar for nine decades as a place with “a fierce, inde­pen­dent spirit,” says Mr. Wencer. Since the late 1990s, how­ever, the secret’s been out as artists look­ing for cheap stu­dio space and bargain-hunting hip­ster cou­ples dis­cover its rough charm.

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Con­tact the Jef­frey Team for more infor­ma­tion – 416−388−1960

Lau­rin & Natalie Jef­frey are Toronto Real­tors with Cen­tury 21 Regal Realty.
They did not write these arti­cles, they just repro­duce them here for peo­ple
who are inter­ested in Toronto real estate. They do not work for any builders.

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  • Investing in Toronto condos for life

    by Denise Lash

    In the same way a chameleon changes colour to suit its surroundings, a well-thought-out condo purchase will adapt to its owner’s changing circumstances. A realistic assessment of your needs, a modest amount of investigation and planning, and a bit of luck are all that are required to make your condo a multi-purpose living space and a sound investment for years to come.

    My friend’s son recently started university in Toronto. Faced with the realization that his rent was going to form a substantial part of his bill, she bought a two-bedroom condominium for him. The “rent” he pays is just enough to cover the mortgage and monthly common expenses, but is still below market rates. He can put his savings towards other expenses and she can use the rent to pay down the condo, effectively keeping the money in the family. As her other children graduate and enter the workforce, the condo may see double duty as an affordable first home for them.

    The choice of the unit was made with an eye to her own future. She hopes to travel in her retirement and the condo will give her the security and peace of mind to remain absent for extended periods. My friend is also realistic. She loves her current home, but knows there will come a time when it will be too much for her to handle. At that point, with the nest empty, she can downsize into the condo. In the years in between, she plans to rent the condo and use that income to pay down the mortgage.

    What factors should you look for if you’re considering this strategy? First, since you’re in for the long haul, look for a unit built by a reputable developer. Speak to other owners and search the Internet. And don’t overlook the obvious: examine the construction materials and finishings in the unit. You don’t have to be an expert to recognize quality at this level.

    Next, look for an active board of directors and management. Are the grounds and common facilities maintained? Is the parking garage in disrepair? Regular and attentive maintenance can prevent owners from being faced with potentially crippling special assessments to carry out major structural repairs down the road. Consult with your lawyer or agent to ensure that the condo’s rules and regulations will be appropriate for your needs.

    You also require a building that will suit your needs and those of your children over time. If you plan to live in the unit in your retirement, you may place a premium on a building that offers guest suites and has adequate guest parking. Is having handicap access likely to be an issue for you in the future? You may also want to have 24-hour security and indoor parking.

    Another factor you need to consider is location. If the condo is going to serve as student housing for your children, proximity to the college or university is important. Try to get a sense of the local community. Is the character of the area likely to remain the same or is it changing? If you are counting on an unobstructed view from your balcony, avoid purchasing in a building where other properties in the immediate vicinity are likely to be developed.

    Of course, life doesn’t always go according to plan, so be realistic about whether you want the financial commitment of a second home. You also have to be prepared to take on the time-consuming duties of a landlord—or pay someone else to perform that role for you. But a condo can offer many years of varied use to all members of your family.

    Denise Lash is a condominium lawyer at Miller Thomson LLP and host of the television show MondoCondo.

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    Contact the Jeffrey Team for more information


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  • Toronto Neighbourhoods — Riverdale

    By Rebecca Laing

    Riverdale Homes

    In a metropolis known as “the city of neighbourhoods”, how does one find their place? Because of the unique characteristics and vitality of its many communities, Toronto has upwards of 240 distinct and named neighbourhoods within its boundaries. As you can imagine, selecting a single neighbourhood as my favourite choice of residence is a difficult feat. But, the lure of Riverdale prevails…

    Why Riverdale? It’s absolutely lovely here. Riverdale has a beautiful assemblage of mostly older homes laden with character, as well as a handful of very tastefully built newer homes. There are wonderful parks, excellent schools, and fantastic shopping and dining on the Danforth. Riverdale is convenient, with quick accessibility to downtown Toronto through multiple subway stops, TTC streetcars, and the Don Valley Parkway. Overall, Riverdale is a superb community, especially for young families. I know you will love Riverdale as much as I do!

    North Riverdale Homes

    North Riverdale stretches from Gerrard Street East in the south, to as far north as Mortimer Avenue in spots, reaching to as far as Greenwood Avenue in the east, with the Don Valley Parkway serving as its western boundary. (Note that borders are imprecise and non-linear throughout Riverdale). The area’s residents are mainly young professionals and upper-middle class families, as well as some long-term residents who have lived here their entire lives.

    North Riverdale homes display both Edwardian and Victorian architecture, dating from the late 1800s to the 1920s. Homes are mostly two and three stories, and range from very large detached homes, to tall and skinny semis and rowhouses. Many North Riverdale homes have been wonderfully restored, with the utmost attention to detail.

    Other than in multi-million dollar renos and design magazines, never have I seen finer materials and more exquisite décor than in some of these renovated Riverdale gems. It is the trend here; residents take great pride in their homes, both inside and out. The gardens are lovely, full of perennials, and enhance the beautiful architectural details of these historic buildings. The streets here are hilly, winding, and tree laden, setting a perfect backdrop for these inviting residences.

    In the part of North Riverdale above the Danforthh, proximity to Jackman Public School, and the Danforth itself, are major drivers of real estate prices. South of the Danforth, Withrow Park serves as a hub of the community; homes close to Withrow are the most in demand. This entire stretch of North Riverdale above Riverdale Avenue is referred to as Upper Riverdale, or Prime Riverdale.

    Of course, one of the best parts of living in North Riverdale is having the vibrant and cosmopolitan Greektown around the corner. Greektown on The Danforth offers something for everyone, whether it be shopping, strolling, relaxing on a patio, or people watching.

    No longer just a place to get a souvlaki fix, Greektown is now a multicultural dining destination, with its myriad of restaurants offering foods from virtually every nationality found in Toronto. Fine boutiques and purveyors of natural products and health-promoting services round out this dynamic retail landscape.

    South Riverdale Homes

    South Riverdale lies south of Gerrard and west of the Don Valley Parkway, extending down to Eastern Avenue. The eastern boundary is most disputed; although technically, South Riverdale is oft described as extending past Greenwood, even to as far as Coxwell Avenue, most of my Riverdale home buyers find that once you are east of Leslie, the character really changes to that of Leslieville. I could further confuse matters by bringing Little India and Riverside (formerly Queen-Broadview Village) into the discussion, and stating how Leslieville is arguably a sub-neighbourhood of South Riverdale, but this is confusing enough already.

    Homes in South Riverdale are more affordable than those to the north; the Riverdale area is hence home to more working class families and young couples. South Riverdale homes are largely Victorian in style. Two and three storey gothic rowhouses and semis are common, as are gingerbread cottages, such as those found on Degrassi Street (made famous by the series of Degrassi TV shows filmed in and around Leslieville and Riverdale, though the actual school locations were in East York and West Toronto).

    For those more inclined towards a condo lifestyle, the newer Broadview Lofts and Riverside Lofts feature modern urban styling, while the Carlaw Lofts offer authentic loft-living in a converted Soho-style warehouse.

    Although South Riverdale is a bit of a hike from the Danforth subway, it does offer the convenience of the Broadview, Gerrard, and Queen streetcar routes. For those looking for a little shopping or nightlife, Riverside (at Queen and Broadview) is now exploding new with shops and cafes, and the downtown core is just a brief bicycle or streetcar ride away.

    Riverdale Real Estate Boundaries

    As mentioned, the boundaries of Riverdale and its various sub-communities are jagged and porous on all sides, thereby making them often subject to debate. Using its most generous boundaries, Riverdale stretches from as far west as the Don Valley Parkway to as far east as Coxwell, and from Eastern Avenue in the south to as far north as Mortimer Avenue.

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    Contact the Jeffrey Team for more information


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