This part of the Entertainment District sits in the downtown Toronto “Urban Growth Centre,” as designated by the province of Ontario. These areas are primed for a significant population growth in the coming years, both residentially and commercially, making them great neighbourhoods to invest in.
Condos in the Entertainment District command some of the city’s highest rental rates and are in demand with young professionals, urbanites and executives who work in the nearby Financial District. It’s an exciting and vibrant place to live, surrounded by some of the city’s hottest clubs and restaurants, yet some of the city’s most charming historic buildings. There are several exciting developments planned here for the next few years, including the addition of a new OCAD campus. Arts and culture are both at your fingertips, with an abundance of galleries in the area, and some of the city’s most beloved theatres.
The site of this Entertainment District condo is steps from two 24-hour streetcar lines, as well as St Andrews Station, just a few blocks away. From there, it’s just a single stop to Union Station, which connects with the GO Train and the Union Pearson Express line. so it’s not surprising that the site scores a perfect 100 on both its Walk and Transit scores.
It’s really a neighbourhood with everything going for it; shopping, cuisine, entertainment and transit. Pair that with its expected growth and it’s a great option for investors and those looking for an income property in one of the city’s hottest districts.