If you're looking for homes for sale, Oshawa, Whitby, Guelph and the other
outlying suburbs are your best bet for the Greater Toronto Area, if you want
the type of home you find to be both spacious and affordable. However, if you've
got the money, downtown Toronto can offer you great views, upscale neighbourhoods,
and historic old mansions set right in the heart of the hustle and bustle of
the busiest city in Canada. If you're thinking of looking into downtown
real estate, we've created several sets of articles to help you familiarize
yourself with the area. Under the downtown heading, we have no
fewer than three divisions: west, central, and east, to break the bustle into
The portion of downtown Toronto we'll be dealing with in this round is
the eastern portion of downtown. For our purposes and the purposes of the realtors
who have to keep the real estate listings organized, we define 'eastern'
downtown by street borders. To the west, this district begins at the Don Valley
Parkway and continues eastward until we hit Victoria Park Avenue. The northern
and southern borders of the district are just north of Danforth Avenue and the
shoreline of Lake Ontario, respectively.
The eastern portion of downtown as we have defined it contains a wide variety
of land use types that make for a multitude of home and business ownership options.
A large portion of the port lands are included in east downtown as are the Toronto
beach homes in the Beaches neighbourhood and the retail stores of the Riverdale
shopping center. There is also a lot of parkland including Ashbridges Bay Park,
Monarch Park, Fairmont Park, Kew Gardens and Glen Stewart Park, which makes
for nice views and great opportunities for relaxing or taking walks.
Sub-neighbourhoods within this area vary widely in style and character. You
can buy a Danforth home for sale in the Player Estates neighbourhoods which
has a Victorian or Tudor style. Player Estates has mainly detached homes with
gardens, which is quite a shift from the more dangerous and unappealing areas
around the industrial lands and rail yards. Other neighbourhoods in eastern
downtown include Leslieville, Riverdale, Norwood Park, Greektown, and Moncur
Park. Home types available occupy all points of the spectrum, from bachelor
apartments to brand new high-rise condos, and small row houses to enormous manor
homes that date back to the turn of the previous century.
The biggest market lies in central and west downtown where
most of the huge office buildings and upscale shopping boutiques are located.
Eastern downtown still has condos, especially along the waterfront, but in character
the whole area has a much more laid-back feel to it. This is owing not just
to the relative absence of busy subway stations and financial centers, but also
to the presence of Woodbine Beach, Balmy Beach, and Beaches Park. Sand, rippling
water, and opportunities for swimming and picnicking with friends have a way
of mellowing people out. The area is still much busier and more crowded than
the outlying suburbs, however.