You can throw Yonge and Lawrence in with all the other neighbourhoods that have undergone sweeping changes in recent years at the hands of progress. By all rights, this is still a family neighbourhood, and unlike other neighbourhoods that have been inundated with new condo developments, Yonge and Lawrence condos are still scarce.
Being located near Lawrence Park all but ensures that Yonge and Lawrence will stay affluent; homes sell for significantly high prices, excellent schools continue to draw families to the neighbourhood, and parks and playgrounds give children something to do when not in school.
The change is most notable on Yonge Street, where an assortment of new restaurants are altering the dining landscape of the area — posh bakeries such as Bobbette & Belle, and high-end restaurants like Coppi are now the norm. But it’s not all glitz and glamour, as lunch spots like Belly Buster Submarine feel more like they belong downtown than in midtown Toronto.
This neighbourhood is also beginning to gain a reputation for shopping, due to the number of specialized boutiques — local favourites include The Coop for men’s fashion, and Melmira Bra & Swimsuits Inc. for women. While Yonge doesn’t rival Queen West or Bloor for fashion, it’s certain to see many more boutiques open their doors in the coming years.
As much as this neighbourhood has seen plenty of development, the condo scene has lagged behind. As it stands, there are only 2 options for Yonge and Lawrence condos — The Residences of Wanless Park, and 217 Roslin — both of which can be pricey.
The Residences of Wanless Park is a 7-storey buildings housing just 65 units; suite sizes range from 622 square feet to 1419. While this property does have a price per square foot that’s below the average price of most Toronto condos for sale, suite sizes drive prices up, and 2 bedroom units in this building can go for 7 figures. Amenities include a gym, party room, meeting room, shared rooftop deck, and a parking garage.
217 Roslin is the other option for buyers in the neighbourhood — this townhouse complex offers an enhanced level of privacy, providing its residents with a private community feel. These units are best suited to families, as all suites are over 2000 square feet. Of course, in keeping with the neighbourhood theme, there isn’t a hint of affordability here.
217 Roslin is situated on Roslin Avenue in amongst residential streets, while The Residences of Wanless Park is on Wanless Avenue, just minutes from Yonge.
Yonge and Lawrence condos are ideal for residents who enjoy running errands on foot, but don’t mind needing a vehicle or public transit from time to time. Buses on Yonge, Lawrence, and Mount Pleasant make it extremely easy to get around, and for trips downtown — Lawrence Station is located in the southwest corner of the neighbourhood for subway lines.
Car owners might not enjoy driving on Yonge, but they can quickly access the 401 via the Yonge on-ramp just north of the neighbourhood.
The Locals: Families of all ages with a large number of young children, and also empty nesters who are fending off buyers who are eager for them to sell.
Code of Conduct: Residents enjoy dining in their own neighbourhood — whether its pastries, hefty submarine sandwiches, or upscale international cuisine.
What You’ll Find: Quiet residential streets, large green spaces, and great access to public transit.
What You Won’t Find: Affordable housing.
The Homes: Large 2-storey homes on reasonably sized lots, luxury condos and townhomes.
Sealing the Deal: Excellent restaurants with more being added all the time.