Famed for its diversity, Toronto is an exciting city with unique neighbourhoods and lifestyles. If you are planning to move to this city, it would be great to find out the best neighbourhoods to live in, as most neighbourhood have a unique charm and identity.
Your choice of neighbourhood in Toronto will depend on your lifestyle and preferences. This article discusses three of the best neighbourhoods to live and invest in Toronto, their main characteristics and facts about each of them so you can make an informed decision as you choose a place you feel is best for you.
Yonge and Bloor
Located in the midtown heart of Toronto, the Yonge and Bloor intersection is a place that offers a unique sense of character, culture and urban lifestyle. One of the biggest perks of living in this area is that it is walkable; within 15 minutes or less, you can easily get to school, parks and shops.
The recent installation of bike lanes along Bloor Street underlines the city’s efforts to ensure different modes of transportation. The Bayview Extension and the Don Valley, as well as other major arterial roads to the east along Bloor provides easy exit routes to the lakeshore and the countryside. With Yonge and Bloor’s level of growth on an exponential trend, it is no wonder the area has become a top pick for investors and developers.
Midtown
There’s a lot to love about living in Midtown Toronto; the entertainment, nightlife, shopping – plus lots of interesting events and festivals. The area also has lots of parks and playgrounds where you can have a picnic or simply enjoy the outdoors.
The food is another perk of living in Midtown Toronto. On days when you do not feel like cooking or when you wish to treat yourself to a special meal, the area offers a number of great options within walking distance. Outlets like Caffe Dametre, Banh Mi Boys and Boom Breakfast offer different kinds of delicacies – from sandwiches to desserts and brunches.
However, Midtown Toronto offers more than just a great living environment. Home to a cluster of neighbourhoods between the downtown core and North Toronto, the midtown area offers condo buyers and real estate investors many options. There is a huge selection of exclusive properties, with each neighbourhood in the area offering not only a unique distinct character, but a range of stunning condo buildings.
Junction Triangle
Many potential homeowners who are looking to move into their first home have Junction Triangle atop their list. Sandwiched between the Junction and Bloordale Village, Junction Triangle used to be one of Toronto’s best kept secrets. With charming restaurants, cafes, a burgeoning art scene, as well as easy access to downtown Toronto, Junction Triangle has become the choice neighbourhood for young families looking for the right neighbourhood.
Construction, new businesses and the neighbourhood’s ‘shop local’ mentality makes it a perfect place for investors and buyers. Junction Triangle’s proximity to High Park, the Junction Gardens shopping district, and easy access to the Bloor subway line makes it an attractive area for developers. Withpout a doubt, Junction Triangle continues to show power in reinvention.
Final Thoughts
Although your taste, budget and lifestyle will ultimately play a role in your choice neighbourhood, knowledge of the different neighbourhoods will prove to be worth it in the long run. This will address every concern you may have before you finally choose a neighbourhood for yourself – whether you are looking to buy or rent a home.