Richard Silver

TORONTO NEIGHBOURHOOD IN FOCUS: Yonge Street Corridor

Bloor on the south, St Clair on the north, Yonge on the east and Avenue Rd on the west — as they say in real estate parlance, “Location, location, location.”

Centrally situated, this neighbourhood includes grand Victorian and Edwardian detached and semi-detached homes on east-west streets accessible to the subway and great shopping. The shops include the legendary “Five Thieves,” the name given by locals to the specialty food stores just south of the Summerhill LCBO. As the name suggests, make sure you bring a charge card with no limits — your wildest requests will be met.

Just behind these shops at Summerhill you will find one of the strongest condominiums in the downtown condo market. They are built by Crestwood, designed by Brian Gluckstein and named after long-time politician Margaret Scrivener. The suites are well finished and in keeping with the high-end level of the neighbourhood.

THE GOOD NEWS
Great shopping, restaurants and take-out food abound, like All the Best Fine Foods (1101 Yonge St), Le Petit Gourmet (1064 Yonge St), a long-time Toronto landmark, and one of my faves, Patachou (1120 Yonge St), for great salads, bowl-size lattes, amazing desserts and breads. Wine lovers can enjoy the premier LCBO, with its great selection of wines, cooking classes and Saturday wine tastings, all housed in a grand, renovated railway station.

THE BAD NEWS
There are no housing bargains. Prices start over the $1-million mark. And there is a railway that dissects the neighbourhood. The trains are noisy to newcomers but most residents will look askance when you mention it then tell you that you get used to it.

BOTTOM LINE
If you want convenience in the downtown core you can do no better… as long as you can afford the tariff!

This entry was posted on Sunday, May 8th, 2011 at 4:20 am and is filed under Condominium, Downtown Toronto, Neighborhoods, Real Estate, Toronto. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. Ahmed Amin said at May 16th, 2011 at 1:59 pm

   Nice article, Much appreciated

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