The Lowdown on Beaconsfield

Your Typical Neighbour:  The area remains a Portuguese hotbed, though young families and urban professionals - especially on the southern end closer to Queen - have penetrated the neighbourhood looking to capitalize on the the myriad nightlife offerings.

What We : Anywhere in this area you reap the rewards of both West Queen West and Dundas West, rich in culture, and teeming with amazing bars, restaurants and coffee shops.

What We Don't: Opportunity to buy here is rare, and popularity often leads to offers that are far higher than they should be. Emotional buyers beware!

What's Nearby

The Real Estate Scoop*

Laden with beautiful late 1800’s Victorian row and semi-detached homes, this neighbourhood is one of our favourites architecturally. Some of the more renovated properties can be stunning examples of the classic charm meeting modern amenities, and many have been proportioned to allow for rental income - helpful in offsetting the cost to purchase here.

This is not typically a first time buyer neighbourhood, as prices tend to be out of starter home territory, although a handful of loft buildings, both conversion and soft builds, are changing the landscape for younger buyers who want to take advantage of the West Queen West landscape. The Argyle Lofts is a beautiful example of hard loft conversion, housed in a building that was originally part of the Dempster Bakery Empire, and dating to 1873. There are some beautiful spaces here, though relatively high maintenance fees CAN make this a difficult to obtain location, and parking is scarce.

If you’re willing to entertain some dated aesthetics or put a little love into a house with some solid bones, there are still some great finds to be had here. Doing your homework is key if you’re hoping to find yourself on the winning end of an offer. The popularity of the area is widespread, and bidding is a constant in the area.

HOUSE STATS

2013 2014 2015
AVERAGE PRICE $865,783 $908,730 $961,751
PRICE: Low-High $385,000-$2,320,000 $470,000-$1,855,000 $374,000-$2,155,000
AVERAGE DAYS ON MARKET 16 18 12
# OF SALES 50 52 37

CONDO STATS

2013 2014 2015
AVERAGE PRICE $382,804 $471,171 $449,384
PRICE: Low-High $250,900-$599,900 $274,900-$780,000 $295,008-$1,230,000
AVERAGE DAYS ON MARKET 38 25 23
# OF SALES 25 31 42



*Data from the Toronto Real Estate Board.

Who Lives Here*

Area: 1km
Population: 12,055

Demographics

Kids: 10%
Visible Minority: 26.9%
Youth: 10%
Average Family Income: $63,544
Seniors: 16%

Education

Lower Education: 39.8%
High Education: 6.9%

Home Ownership

Owned Homes: 40%
Tenanted Homes: 60%



*Statistics compiled from the City of Toronto Well Being Toronto website. Neighbourhood boundaries may not correlate exactly to the boundaries used in this site.

Schools

This spot is smack dab in the centre of a number of heavily residential neighbourhoods, and as such school offerings are plentiful.

ELEMENTARY SCHOOLS

Alexander Muir/Gladstone Ave Junior and Senior Public School
Senhor Santo Cristo Catholic School
The Grove Community School

Transit & Commuting

Streetcars are all around, and the Dufferin Bus offers easy access to the Bloor Danforth Subway Line. Dufferin is also a quick route to the Gardiner and Lakeshore Blvd.

About Beaconsfield

Beaconsfield is anchored by The Drake Hotel, at it’s southern point. In fact, ‘The Drake’ reigns as one of the very first visible signs of gentrification in the Beaconsfield area – after nearly $6 million was invested in a full face-lift for the building in 2004. It’s a true testament to the classic film saying “If you build it, they will come” (courtesy of W.P Kinsella’s ‘Field of Dreams’). The resulting increased investment, and migration, to this pocket of the city’s west-end is attributed to the vision, and success stories, of entrepreneurs, immigrants, business investors, and builders, who saw what it could be. Today, young creative professionals, families, ‘hipsters’, artists, and real estate investors, have all planted-ground in Toronto’s trendy Beaconsfield area.

Along Dundas Street, west of Ossington, you will find Rua Acores – a nod to Beaconsfield’s Portuguese influence – where there are beautiful cafes, fruit and veggie markets, bakeries, and gift shops. This colourful street offers residents convenient, local, shopping for everyday essentials. Just shy of the neighbourhood you’re also greeted by West Queen West – another awesome place to shop, scour for vintage finds, or enjoy a dinner or social night out.

Residential streets in the Beaconsfield area are preserved with Victorian row and semi-detached houses. The Toronto Historical Board even recognizes Beaconsfield Avenue for its stunning homes built in the 1880’s and 1890’s. On any given day families can be seen strolling down tree-lined streets, venturing for coffee, dinner, or running errands. Millenials can be seen toting laptop cases, adjusting hats, and walking in well-heeled shoe choices, en-route home to get ready for a night on the town. And, an older (and very wise) generation can be seen sitting on porches, watching the neighbourhood, planting, pruning, and enjoying the day. The makeup of Beaconsfield is one full of character and the unexpected – the perfect reflection of it’s city.

With Bloor and Danforth subway lines around your corner, the Gardiner Expressway within accessible distance, arm’s reach for unique shops and worthwhile dining experiences, and tight-knit community ‘vibe’, Beaconsfield is a great place to live in Toronto.

It may even leave you asking: “Is this Heaven?”.

No, it’s not.

It’s Beaconsfield.