With so many neighbourhoods in Toronto and such a variety of differences between them, it may be hard for new families to choose where to settle down. For young families, entertainment and activities, parks, schools, transportation, the price of real estate, and much more all play a role in where to buy a home. For young families with children trying to find the perfect neighbourhood, this article lists 10 Toronto areas to consider for settling down.
Avg Price of Detached home (Q2 2018): $2,112,706 (Yonge-Eglinton)
Avg Price of Condo (Q2 2018): $628,187 (Yonge-Eglinton)
School rating score: 84.5/100
North Toronto includes the Yonge-Eglinton intersection and the area surrounding it. The neighbourhood was named “best Toronto neighbourhood to live in” among the 140 neighbourhoods in Toronto by Toronto Life. And North Toronto upholds its reputation with its easy subway access, variety of strong educational institutions, numerous parks, and much more. While the $2 million detached homes in the area may seem unaffordable for new families, Yonge-Eglinton offers many family-oriented, entry-level condos at a much lower price.
Avg Price of Detached home (Q2 2018): $2,318,121
Avg Price of Condo (Q2 2018): $599,018
School rating score: 93/100
Though the price of a detached home averages $2.3 million in the Banbury-Don Mills area, it’s similar to North Toronto in the sense that young families can still move into the area with a cheaper, family-oriented condo. The neighbourhood has CF Shops at Don Mill at the centre, which is filled with amazing retailers and restaurants. Fairview mall is also close by and other activities, such as the Aga Khan Museum, aren’t too far away. The area provides a city-suburb feel and is close to the highway, making morning commutes to work that much easier.
Avg Price of Detached home (Q2 2018): $3,235,889 (Yonge-St. Clair)
Avg Price of Condo (Q2 2018): $898,997 (Yonge-St. Clair)
School rating score: N/A
Yonge-St. Clair is a busy intersection filled with shopping, entertainment, and businesses. There are a variety of older detached houses, newer townhouses, and everything in between. The area has great schools, with the prestigious Upper Canada College right in the neighbourhood. David A. Balfour Park and Oriole Park provide some much needed green space in this midtown concrete jungle. David A. Balfour Park alone has over 20 hectares of space and features a flower garden, the Rosehill reservoir, and a waterfall.
Avg Price of Detached home (Q2 2018): $1,725,667
Avg Price of Condo (Q2 2018): N/A
School rating score: 95.8/100
North Riverdale is a highly desirable neighbourhood in Toronto due to its proximity to the downtown core and to expressways, its variety of green spaces, and its beautiful Victorian-style homes. One of its most notable spaces is Riverdale park which has steep hills for tobogganing and an outdoor pool. North Riverdale is also home to Greektown, which hosts the annual Taste of Danforth. $1.7 million for a detached home is a high price, but an alternative is South Riverdale, only steps away, where detached prices averaged $1.3 million.
Avg Price of Detached home (Q2 2018): $1,801,326
Avg Price of Condo (Q2 2018): $693,408
School rating score: 81.7/100
The Beaches features beautiful boardwalks and easy access to the Gardiner and Lakeshore expressways. Accessing the downtown core is only one streetcar away. The area has many annual events such as the Christmas Tree and Menorah lighting festival, the annual jazz festival, and much more. Although the average home price is high, the price is brought up by many of the expensive homes along the boardwalk. Properties not along the boardwalk are likely more affordable.
Avg Price of Detached home (Q2 2018): $861,633
Avg Price of Condo (Q2 2018): $384,500
School rating score: 80.3/100
If you’re looking for more affordable real estate prices, Milliken may be the place for you. It’s quite far from the downtown core and a bit of a drive just to hit the highway, but the average price of detached homes here are half the price of many midtown and downtown areas. Milliken also has many reputable schools and a lot of ethnic diversity. There are also great restaurant options, especially for East- and Southeast-Asian cuisine.
Avg Price of Detached home (Q2 2018): $1,542,357
Avg Price of Condo (Q2 2018): $793,032
School rating score: 31.0/100
Roncesvalles is a convenient location due to its closeness to the downtown core, High Park, and the Toronto waterfront. High Park is only steps away and has children’s playgrounds and a small zoo. Other parks in the area include Charles G. Williams and Sorauren park. While Roncesvalles didn’t score well on the Toronto Life school rating, it’s partially due to schools clustering in the adjacent High Park-Swansea neighbourhood, which had a school rating of 88.7. Roncesvalles may be the better choice than its neighbour, however, as High Park-Swansea detached homes average $1.8 million.
Avg Price of Detached home (Q2 2018): $1,232,107
Avg Price of Condo (Q2 2018): N/A
School rating score: 39.4/100
Runnymede-Bloor West Village is north-west of High Park and is walking distance to the popular green space. The area is a popular shopping and restaurant district with plenty of bakeries, delicatessens, specialty food shops, cafes, and much more. Similar to Roncesvalles, it’s very close to the downtown core, but as an added bonus, Runnymede-Bloor is also close to the Runnymede and Jane subway stations. Again, though the area scores low on its Toronto Life school rating, it’s partially due to schools clustering in the adjacent High-Park Swansea neighbourhood.
Avg Price of Detached home (Q2 2018):$924,459
Avg Price of Condo (Q2 2018): $432,767
School rating score: N/A
Etobicoke West Mall is a great area that’s a lot more affordable than most of Toronto. It’s just west of highway 427 and has TTC busses that take you straight to the Kipling subway station. Just south is CF Sherway gardens as well as Cloverdale Mall on the other side of the 427. The West and East Mall parks are close by, as well. Each park has a tennis court, baseball diamond, and children’s playground, and the West Mall park has an additional ice rink and outdoor swimming pool.
Avg Price of Detached home (Q2 2018): $2,154,798
Avg Price of Condo (Q2 2018): $560,382
School rating score: 90.1/100
Stationed right by Humber River, Humber Valley Village has a huge network of parks along the waterway. The neighbourhood is also 20 minutes away from the downtown core and 10 minutes away from Pearson airport. A short TTC ride can get you to the subway line if that’s your prefered method of transportation, and the nearby golf courses and shopping centres make for perfect weekend activities. Similar to other expensive areas, a family condo may be better than a detached home if you choose to settle in Humber Valley.