Once a growing town with a prosperous manufacturing industry, one could assume that residents of New Toronto imagined themselves as laying the foundation for what would one day be a city that rivaled its next door neighbour; Toronto.
Of course, that didn’t really pan out. The final blow to New Toronto’s manufacturing industry was struck in 1987, when Goodyear Canada Inc closed their plant, leading to widespread job losses for much of the community. There’s still a small industrial sector in the area, but it’s a far cry from what it was.
Today, New Toronto is a small neighbourhood nestled against the shores of Lake Ontario. While trendy lakeside neighbourhoods like The Beaches get most of the attention, Toronto condos for sale in this neighbourhood offer a lifestyle which is very much the same — without the high price tags.
On residential streets you’ll encounter 2-storey houses, world war II style homes, duplexes and bungalows; plus, a reasonable selection of schools dispersed throughout the neighbourhood. New Toronto condos offer the same benefits as single-family homes in the area, if not an extra layer of convenience.
Green spaces are plentiful, the largest being Colonel Samuel Smith Park which offers lakeside walking trails, woodlands, and unobstructed views of the Toronto skyline. The neighbourhood has a wealth of playgrounds, dog parks, and recreation facilities — everything a growing family could need.
Lake Shore Boulevard runs through the area, home to restaurants, pubs, salons, and offices. Toronto Police College and Humber College have campuses in the neighbourhood, and there’s a small commercial space in the north end.
There are 4 condo buildings in New Toronto, all located on or near Lake Shore Boulevard. New Toronto condos aren’t as flashy as their downtown counterparts, but condos in this area have great value and are well below the price per square foot of units more urban neighbourhoods.
Buyers who are looking for the most bang for their buck would be wise to check out Birmingham, which offers large suites — ranging from 1200 to 1700 square feet — in a townhome setting. Prospective buyers who want the most affordable units should consider a 1 bedroom suite at The Wave Condos.
New Toronto condos have amenities that are consistent with what you’d expect — condos offer the usual combination of gyms, party rooms, and on-site security, and townhomes offer just the basics.
New Toronto has a 79 Walk Score — with Lake Shore Blvd in the middle of the neighbourhood, most residents can run errands on foot. Public transit users have bus routes on major roads and streetcar service on Lake Shore Blvd.
Drivers who commute have it easy here; heading east on Lake Shore will bring you to the Gardiner Expressway, or heading north on Islington will allow you to go west on the Gardiner for the QEW.
The Locals: Students, professionals, and growing families who enjoy a slower pace.
Code of Conduct: Drivers are relaxed in New Toronto, even when stuck behind a streetcar.
What You’ll Find: A neighbourhood with a small town feel.
What You Won't Find: A superior version of Toronto.
The Homes: 2-storey houses, bungalows, world war II homes, townhomes, and mid-rise condos.
Sealing the Deal: Lakefront living at discounted prices.