Midtown Toronto is hard to describe, partly because it’s changed so much in recent years. Over the last two decades the growth of midtown has increased exponentially, and the neighbourhood’s forward movement shows no sign of slowing. There is also a growing abundance of reputable midtown condos.
As downtown Toronto becomes more and more expensive, many young buyers find the midtown area to be the next best option. In fact, it’s hardly a compromise anymore: not only is midtown Toronto affordable, but the area is also home to tons of amenities, venues, and attractions.
Affectionately nicknamed ‘Yonge and Eligible’ for its accessibility for young professionals, the Yonge and Eglinton neighbourhood is especially lively. In addition to these first-time buyers, plenty of families also call midtown home, many of which are drawn to the area for its more spacious housing options than might be found in downtown Toronto.
More urban than suburban, midtown is in fact another central business district in Toronto aside from downtown (for those who don’t already know, there are five in total throughout the city). Yonge-Eglinton can be thought of as the nucleus, yet there’s also a large quantity of retail businesses surrounding the intersection of Yonge and St. Clair. Ultimately, condo buyers are attracted to the area for its perfect combination of commercial action and residential comfort.
Midtown Toronto reaches as far south as Rosedale and Moore Park and as far north as Lawrence Park, allowing for much variation from neighbourhood to neighbourhood. The area even includes two of the most expensive neighbourhoods in the city, Forest Hill North and Forest Hill South and Rosedale. Then there’s Lawrence Park, which is more laid back with more of a suburban ambiance, while Wychwood feels as hip as the West End.
Not all neighbourhoods in midtown have been developed as much as Yonge and Eglinton. Some, like Davisville, feel untouched and almost serene, as condo high-rises have yet to go up there. Together there are over 200 midtown condos, providing prospective buyers and renters with plenty of choice in terms of style, size, and neighbourhood.
The single-family homes in Rosedale are extraordinary, and that’s certainly no secret – just check out the prices in the neighbourhood and you’ll see. Many of these houses are between 100 and 200 years old, and some originally functioned as farmhouses. Other styles popular in Rosedale include Edwardian, Tudor, Victorian, and Georgian, while Wychwood is filled with Arts and Crafts homes. There are a small handful of boutique condos in the Rosedale area, many having been converted from larger homes into small, 4 - 6 unit developments.
Older, more established buildings are just as common as sleek, contemporary condos in midtown Toronto. Those who prefer the former can check out the Imperial Plaza and the Granite Place, both of which are located on St. Clair; as for the latter, prospective buyers and renters can look no further than Yonge and Eglinton. The Madison at Yonge and Eglinton, built in 2016, contains almost 700 units, while the 2018-built 155 Redpath Condos is home to 452 suites.
Buyers uninterested in typical condos in midtown Toronto will be pleased to hear that there are also many townhouses in the area, such as the Redpath Townhomes, the Hampton Mews, Castle Terrace, and the Roehampton Townhomes. And last but not least, anyone looking to purchase a piece of Toronto history can start their search with hard lofts like the Madison Avenue Lofts or the Macpherson Church Lofts.
Driving around midtown Toronto is much less aggravating than trying to navigate downtown’s congested traffic. Car owners heading north or south can also make use of the Allen Expressway, which begins (or ends) at Eglinton Avenue.
Those without a car can still get around midtown with ease. Stations along the Yonge-University-Spadina subway line are scattered throughout the area, while buses and streetcars carry passengers north, south, east, and west along major arterial roads like Lawrence, Eglinton, and St. Clair.
The Locals: Young professionals, budding families, and longtime locals who were ahead of the curve 20 years ago.
Code of Conduct: Don’t move here if you’re afraid of change.
What You’ll Find: Affordable condos next to some of the most expensive real estate in the city.
What You Won’t Find: Countless museums, theatres, and concert venues.
The Homes: Every style under the sun, from Art Deco to Victorian.
Sealing the Deal: The knowledge that it’s only going to get better with age.