East Toronto Condos For Sale

Location

East Toronto, or "The East End" is a region of the core city of Toronto. Original the most easterly portion of the Old City of Toronto, it is known for it's vibrant culture and neighbourhoods like Greektown, Leslieville, Riverside, and the Beaches.

Stretching from the shores of Lake Ontario, and up to the Danforth, bordering Scarborough to the East, East York to the North, and the Downtown Core of the City to the west, the East End of Toronto is a central and crucial part of the cultural tapestry of Toronto, and a neighbourhood on the rise within the housing market. An attractive area for young families and single professionals looking for a downtown lifestyle with a twist, the East End is facing an exciting few years of development and growth.

Transportation

The East End is bordered to the west by the famous Don Valley Parkway, one of the most travelled highways in the city, nestled within the City's distinctive ravine system. The DVP connects with most of Toronto's major highways like the 401, the 400, and the 404 which tie together and go their separate ways across the GTA, reaching the eastern region of Durham and beyond to communities like Kingston, and Peterborough, further west with Peel Region and Halton, as well as Hamilton and the rest of Southern Ontario, and also up north to Barrie and the "cottage country" of the Muskoka region. No matter how central within Eastern Toronto you live or work, the rest of the province is just a short trip away, with the city sitting right in the middle of the famous Quebec-Windsor Corridor, the most populous area in all of Canada.

Travel throughout the East End is easy thanks to the TTC - a great deal of the Line 2 Bloor-Danforth line travels directly through the East Ends norther half, with stops in Broadview, Chester, Pape and the Donlands as well as Coxwell and Woodbine. The TTC also offers a number of Street Car and bus lines throughout the eastern segment of downtown, like the 501 East which serves the entire breadth of the East End with marked stops in the Riverside District, Leslieville and the Beach.

Residents looking to reduce their carbon footprint and get a little exercise, will be happy to know that the East End has perhaps the most impressive bike path infrastructure in the entire city. Taking advantage of the city's distinctive ravines, bike paths twist throughout the city under a gorgeous canopy of trees. Take one of many paths that run parallel to Bloor Street and the Danforth. Have a break at the Prince Edward Viaduct for a spectacular view of the Don Valley and the skyline of Downtown.

Job opportunity

Toronto is an international centre for business and finance, known the world over for it's stock exchange and international financial institutions. All the largest banks, as well as Bell Media, Rogers, Manulife, and Hudson's Bay all hold headquarters and towering office buildings within or very close to the East End.

As the East End continues to grow, diversify, and densify, so too does it's economy. Rail connections and commuting make working throughout the GTA easy and simple, but countless jobs are springing up as the area becomes more and more attractive to new families and young professionals, looking to build community ties through new restaurants, services, festivals and community spaces. Though sometimes known for a history of unemployment, The East End is changing rapidly, seeing an increase of 2.7% year-by-year for the past decade.

School, parks

Like many regions in Toronto, the East End offers a wide choice of education options for new families, with Toronto District School Board making the largest and most well- known, as well as three other school boards that provide english and french education in both Catholic and secular curriculums.

It's also home to many post-secondary opportunities, and close to some of Toronto's largest educational institutions, like Ryerson University, Glendon Campus of York University, Victoria University and Centennial College.

The East End is perhaps best known for it's many beautiful greenspaces and parks. Woodbine Park in particular, is a destination in itself, with volleyball courts, parks, picnic areas, barbecue sites, a boardwalk and so much more. Other parks like Kew Gardens with it's neighbourhood jaxx festival, Ashbridge's Bay, and the Lower Don River Trail provide much needed escapes from the hustle and bustle of downtown life.

Take a walk through Toronto's distinctive ravine system, and watch the leaves change colour in Glen Steward Ravine, or catch some sun and play with your furry friend (while taking in a breathtaking skyline view) at Cherry Beach and Clarke Beach, Toronto's best dog-friendly beach parks.

Average household income

The median household income in Toronto, is around $65K, this sits somewhat lower than many other areas in Toronto, but can largely be explained by a much higher frequency of single person households within the city. Median incomes are around the national average, somewhere between $44K-$70K, and in the East End, these numbers are expected to rise within the next decade.

Condo/ Housing trend

Much is discussed about the West End of Toronto, but for condo development and densification, nowhere beats the East End. Homes north of Danforth are selling fast, with neighbourhoods like Leslieville, Riverside and Riverdale not far behind.

Sometimes called the last-refuge for affordable homes in downtown Toronto, the East End is a hot spot for condo activity. Tired neighbourhoods, and old industry properties are being repurposed with emphasis on density, and community building. Many of the city's hottest new condos are being build in the east end, with most units being snatched up before the foundations are even laid.

Median prices for homes in the East End fall somewhere in the mid $600K range usually spend no more than 20 days on the market, and demand for condos is increasing every year as the downtown core continues it's meteoric rise and workers look for urban, trendy places to set down roots.

Decades of gentrification have led to beautiful new homes but has not robbed the East End of it's vibrant communities, parks and "beach atmosphere". Now is a fantastic time to look into homes and condos within the East End.