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Condo Living on the Danforth

Last week the Toronto Star published a story about our alternative TTC map that revealed local condo values around Toronto’s subway stations. In the article, Carl Langschmidt noted the Danforth as a great Toronto neighbourhood that has been undervalued when it comes to condo living. With new buildings like Carmelina Condos offering modern condos for sale, we wanted to showcase what makes the Danforth such a great place to live.

Carmelina condos for sale in Toronto

Carmelina Condos at Woodbine and Danforth

First of all, the Danforth is home to Toronto’s celebrated Greek Town, as well as Taste of the Danforth, Canada’s largest street festival that showcases local culinary culture in classic Greek fashion (lots of plate smashing, Zorba dancing, and more!).

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The sense of community on the Danforth is both vibrant and relaxed. Residents appear to stroll from shop to shop, resting on patios for a late lunch or an early afternoon drink, while at other times the community rallies together to host exciting events like the upcoming Danforth yard sale, which will possibly be the largest yard sale ever in Toronto.

And, of course, the iconic Danforth Music Hall is a major neighbourhood attraction for lovers of live concerts, celebrity performances, and special events. The remodelled venue space draws local and international artists, with performances every night of the week.

Danforth music hall

Danforth Music Hall upcoming shows

All along Danforth Avenue from Broadview to Victoria Park, there are boutique shops and cafes that you won’t find anywhere else in the city. You can’t count the number of authentic Greek gyro and souvlaki houses, not to mention the colourful patios, local butchers and bakeries, record shops and bookstores, classic food joints like Square Boy or Bus Terminal Diner, and several specialty pet stores.

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The number of condos for sale on the Danforth is surprisingly limited, considering the neighbourhood offers such fantastic community amenities. In addition to Carmelina Condos, there is a high-rise condo development further north along Broadview called Minto Skyy. While still within walking distance to Danforth Avenue, the building feels a bit more secluded and overlooks the Todmorden Mills Park along the lower Don River.

Over on Donlands Avenue, in a quieter, residential corner of the neighbourhood, The East Yorker condos is an 11-storey building that was built in 2015. Also within walking distance to Danforth Avenue, The East Yorker is likely to attract first-time buyers because of it’s lower PSF, averaging $592 compared to around $648 for the Danforth area in general.*

The Glebe Lofts on Pape Avenue is a unique property. Formerly the Riverdale Presbyterian Church, the restored building is now home to 32 hard loft conversions.

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Like Carl said in the Toronto Star article, we think the Danforth is a great neighbourhood with so much to offer in the way of local amenities and convenience, including nine TTC subway stations. As Toronto’s East End continues to grow and revitalize, we hope to see more housing options come to the Danforth, offering more people the opportunity to experience this wonderful area.

 

 

 

*Average PSF for Danforth area based on recent sales data from four surrounding neighbourhoods: Broadview North, Danforth Village-East York, Woodbine Corridor, and East End-Danforth.