Are you looking for a home in Toronto Junction? To help you get to know the area and what’s around the Junction, our team has put together a quick guide outlining what’s available in this part of Toronto from Dundas Street to St. Clair.
The Neighborhood
Junction is a quaint neighbourhood in the west end of Toronto, that is rich in history, which is reflected in its shops and restaurants. Junction is surrounded by the boundary streets St. Clair, Keele, Annette and Runnymede. The homes and developments in this Toronto neighbourhood is suited for small families and young processionals for decent prices.
Transit is convenient in the neighbourhood with access to bus services and the subway line that can take you downtown in a jiffy. As a developing area, Junction is quickly becoming one of Toronto’s up-and-coming neighbourhoods.
What’s for Sale
You will see Junction House condos available on the market when shopping around for a place to call home in west Toronto. There are one to two bedroom condos available as well as detached homes, which is what the area is known for. The real estate in this area hasn’t quite seen the spike that has hit other areas, with about an 18% increase since the last year.
You can get in early with pre construction condos that take up about 33% of the entire real estate market. Detached home developments make up about 38% with semi-detached ones taking up 12%.
Price
You may be wondering about the price range, and our team ballparks an around 500-700 sq ft small single bedroom or double bedroom apartment to cost anywhere around $1500 per month to rent. If you’re looking to purchase a new home, then you could be looking at anywhere between half to over a million Canadian dollars depending on the type of space you are choosing and the age of the building.
Conclusion
The Junction is great for artsy individuals as the area has its fair share of art galleries, parks and museums as well. The area is an excellent place to set up shop because prices aren’t sky high for what you can find on the market with many condo developments cropping up each year.
It’s a quiet part of the city that retains an endearing charm despite property values steadily rising and more construction happening over the years.
