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    Homes for Sale in Regent Park, Toronto, ON

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    Buying a home in Regent Park

    The small yet central downtown Toronto neighbourhood known as Regent Park has a history of serving a singular purpose; offering government-assisted housing to low-income residents. Toronto has developed and changed over the years, however, and as of late so has the dynamics of this very neighbourhood; if you’re currently looking for Regent Park condos for sale, then this isn’t news to you.

    For one, the average income level for the area has been on the rise, and as of 2006 the median income for the neighbourhood has consistently been higher than the provincial median. One thing hasn’t changed though, and that’s the multicultural demographic of Regent Park; immigrants new to the country came to this affordable neighbourhood back in the 1960s and 70s, and many of them have never left.

    Government housing initially opened in Regent Park in the late 1940s, on the land that was formerly known as Cabbagetown. At that point, Cabbagetown moved slightly north, and the older homes between Parliament, River, Queen, and Gerrard Streets were all demolished to make room for the new, city-run housing development.

    It took nearly half a century, but eventually many of these buildings fell into disrepair, forcing city officials to plan for a revitalization of the neighbourhood. The redevelopment, which began in 2005, aimed to simultaneously desegregate Regent Park from surrounding neighbourhoods.

    Toronto Community Housing Corp. partnered with Daniels Corp., a condo developer with experience in co-op housing, for the project that would cost over 1 billion dollars. As for the design, an architectural competition was held by then-mayor David Miller, with ArchitectsAlliance taking home the gold.

    Previously dedicated to public housing, the redevelopment of the Regent Park neighbourhood has not only attracted more commercial businesses to the area, but it has also resulted in the creation of a number of public recreation facilities. Locals now have access to the community arts hub known as Daniels Spectrum, where arts-oriented non-profit organizations — including Artscape — have set up shop.

    The Regent Park Aquatic Centre even embraces the multicultural nature of the neighbourhood: during designated hours the pool is partitioned by a screen so that Muslim women can swim separately from men. While new amenities are certainly exciting, certain long standing traditions have persisted in Regent Park; during the annual Taste of Regent Park, community members cook up a pay-what-you-can meal, and locals gather to enjoy the live entertainment.

    Condo Life in Regent Park

    Originally only home to residential buildings managed by Toronto Community Housing, there are now 18 condo buildings in Regent Park. Many consist of glass towers set atop red brick podiums, like One Park Place North Tower and One Park Place South Tower. There are, however, Regent Park condos in low rise buildings and loft residences as well.

    A few notable hard lofts now occupy historical buildings: The Vinegar Lofts at 19 River Street is set within a vinegar warehouse built in 1907; the Tannery Lofts at 736 Dundas East is located inside an early 20th century factory that once produced soap, and then cigar boxes; The Knitting Mill Lofts at 426 Queen East is a former fabric factory that now holds a heritage designation.

    Regent Park condos offer amenities in accordance with the usual building styles — hard loft conversions offers very little and, in some cases, no amenities at all. High-rises in the neighbourhood come with plenty of relaxing extras; One Park Place South Tower has amenities that can rival any building in the GTA

    Unlike most neighbourhoods that have clusters of condo buildings, Regent Park condos are evenly dispersed throughout the neighbourhood, and the vast majority of residents are within walking distance of local shops and businesses.

    Transportation

    Regent Park is one of very few neighbourhoods which can offer great transit options regardless of preference — residents who love to get things done on foot will have an easy time accomplishing their errands here.

    Thanks to its central locale, residents of Regent Park have no trouble traveling throughout the city. Between the Parliament bus, streetcars along Dundas, Gerrard, and Queen, and the nearby Yonge subway line, even those without cars are well situated.

    Car owners who commute have easy access to two major highways: The Don Valley Parkway is just to the east of the neighbourhood for travel to the north, while the Gardiner Expressway is just a quick drive south, ideal for anyone who needs to head west of the city.

    Regent Park Overview

    The Locals: A motley crew of income levels and countries of origin.

    Code of Conduct: With the redevelopment only having commenced recently, it may take time before a real sense of community takes hold.

    What You’ll Find: Brand new public facilities, including an indoor swimming pool.

    What You Won’t Find: A large quantity of detached and semi-detached single-family homes.

    The Homes: Partly community housing, and partly contemporary condos.

    Sealing the Deal: The chance to live in the middle of downtown Toronto.