The Lowdown on Church-Yonge Corridor

Your Typical Neighbour

The Church-Yonge Corridor is one of the city’s most diverse hoods. The locals will be a mix of University students--both native and international students, as well as career-driven Bay Street professionals. Families with children are not the norm in this hood. 

What We

The ultimate urban lifestyle. All the essentials for a busy on-the-go lifestyle is at your fingertips.  

What We Don't

Having the ultimate urban lifestyle comes with a steep price tag. Not to mention, all the noise and commotion that also comes with city life is hard to escape here. Driving in this area can be a pain - especially during rush hour. 

Property Statistics in Church-Yonge Corridor

Detached Houses - Statistics

Q1 2020

$0

Average Price

0

New Listings

0

Properties Sold

0

Average Days on Market

0.0 %

% of Asking Price

$0

$ Volume of Sales

Condos - Statistics

Q1 2020

$797,887

Average Price

350

New Listings

202

Properties Sold

19

Average Days on Market

102.3 %

% of Asking Price

$161,173,071

$ Volume of Sales

Source: TREB Statistics

Church-Yonge Corridor is filled with a mix of commercial retail, single-family homes, and high rise condo buildings. With a large student population, there are lots of rental properties with 71% of the residents living in the area being tenants. 

It is here in the Church-Yonge Corridor you will find Toronto’s most diverse selection of housing. About 30% of the properties in this hood were built after the year 2000 with a majority of them being high rise condo buildings. Many of the remaining homes were constructed in the 1960’s. There is a mix of Art Deco walk-up apartment buildings, to high-rise apartment buildings, newer luxurious condo buildings, plus Victorian Townhomes. With such a diverse mix of housing, prices in this hood vary A LOT. Prices can range from entry-level to well into the millions.

With high rise condo buildings springing up on every block, this neighbourhood has transformed into a metropolitan powerhouse over the last few years. With its new city chic status, luxurious high-rise condo buildings continue to spring up throughout the neighbourhood, adding to an increase in housing options and prices. 

 

Area:

Population: 31,340

Demographics

Kids: 4%

Youth: 15%

Seniors: 10%

Visible Minority: 41%

Average Family Income: $90,519

Education

Lower Education: 16%

Higher Education: 81%

Home Ownership

Owned Homes: 29%

Tenanted Homes: 71%

About Church-Yonge Corridor

The Church-Yonge Corridor is where the big city hustle bustle is. There is so much to see and do here, from browsing the trendy shops on Church Street, taking a stroll through Allan Gardens, immersing yourself in a live theatre performance or visiting an iconic attraction. It’s easy to see why the Church-Yonge Corridor is considered one of Toronto’s most happening hoods. 

Yonge Street (formerly listed as “the longest street in the world” by Guinness Book of Records) serves as the west side boundary, while Jarvis serves as the east. This happening hood is one of the city’s most heavily populated and busy areas. It includes the Church-Wellesley Village which hosts the city’s LGBT community, and every year when millions from around the world flock to the city for Pride Week, this is the centre of the action. The festival is a week-long celebration with concerts, exhibits, and of course the legendary Pride Parade. 

The heart of Church-Yonge Corridor can be found at Yonge-Dundas Square, Toronto’s version of New York’s Times Square. It serves as a community gathering place for events and hosts many year round concerts and community celebrations. 

Shopping in this hood is a breeze with so many different options from the high-end fashion stores on Bloor, to the trendy boutiques on Church, to the day-to-day retail that is found throughout the neighbourhood. The biggest shopping attraction is the Eaton Centre, with over 300+ retailers it is one of the city’s largest indoor shopping centres. 

Even though Church-Yonge Corridor is right-smack-dab in the heart of the city, there are still many green spaces to enjoy a nice afternoon stroll. The largest is Allan Gardens Conservatory, also one of the city’s oldest parks. This iconic spot is a 16,000 sq ft  indoor botanical garden housing 6 greenhouses, and the park outside even features an off-leash dog area and playground. St. James Park right beside the iconic attraction St. James Cathedral is a stunning scenic park with walking trails, flower gardens and a playground for the kiddies. Other green spaces in the hood include Cawthra Square, Ryerson Community Park, and Norman Jewison Park.

Entertainment in this hood can be found in many forms, including catching a live theatre or music show at the renowned Massey Hall (and possibly getting a celebrity sighting). Musical, drama, and comedy performances are regular theatrical productions at The Elgin and Winter Garden Theatres and if you are in the mood for a. Buddies in Bad Times hosts 

Church-Yonge Corridor is ranked as the 3rd most walkable hood in the city. Residents literally have everything they need just outside their doorstep. Public transit is well serviced in this area with subway stations running all along Yonge and the Yonge and Bloor lines are the two largest in the city with busses/TTC running from each. Motorists looking to leave the area have easy access to Lakeshore and the Gardiner from Bloor Street.  

 

 


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