The Lowdown on Regent Park

Your Typical Neighbour

The recent sweeping changes to the neighbourhood make ‘typical’ the least appropriate word here. New Canadians. Young single-parent families. International cultural backgrounds. Young professionals in their first home.

What We

This area is still in its early years where real estate values are concerned. The opportunity for longer term return on investment is still significant.

 

 

What We Don't

Growing pains aren’t fun for anyone. There continues to be a constant construction happening here, and it will be many more years before the dust settles and the neighbourhood grows into its new skin.

Property Statistics in Regent Park

All Properties - Statistics

Q4 2023

$663,015.00

Average Price

73

New Listings

24

Properties Sold

22

Average Days on Market

100%

% of Asking Price

Detached Houses - Statistics

Q4 2023

n/a

Average Price

0

New Listings

0

Properties Sold

n/a

Average Days on Market

n/a

% of Asking Price

semi-detached - Statistics

Q4 2023

n/a

Average Price

2

New Listings

0

Properties Sold

n/a

Average Days on Market

n/a

% of Asking Price

Condos - Statistics

Q4 2023

$663,000.00

Average Price

67

New Listings

24

Properties Sold

22

Average Days on Market

100%

% of Asking Price

Source: TREB Statistics

This Billion-dollar city-driven Regent Park Revitalization project is opening up ownership opportunity on a broader level, as new condo and townhouse construction has been cleverly intermingled with subsidized housing. And more change is on the way! With the start of phases 4 and 5 of the long-term redevelopment plan. At the time of writing (2022) the project is in the late stages of phase 3  with three more buildings to be constructed. Since the start of the revitalization project, real estate values have skyrocketed and a simultaneous condo boom and housing crisis has occurred. The final stages of the revitalization project looks to address this by proposing to build another 3,000 residential units with 1,792 market units and 1,181 TCHC-owned rental units. In addition, a brand new Toronto Public Library branch will be built. With continued investment into the area, the opportunity for longer term return on investment is still significant.

What you won’t find here is a healthy stock of actual houses. North of Gerrard (into Cabbagetown) these become more prevalent, and there are a handful along the south bordering Shuter, but the mixed-use idea has been fully embraced in the area and the most efficient way to make it work involves the condo and townhome projects that are in various stages of completion in the neighbourhood. Significant consideration has also been given to local business, and most of the buildings that have gone (or will go) up have significant space on the ground floors earmarked for retail opportunity.

Area: 1km

Population: 10,010

Demographics

Kids: 20%

Youth: 16%

Seniors: 6%

Visible Minority: 78.8%

Average Family Income: $39,521

Education

Lower Education: 47.2%

Higher Education: 4.4%

Home Ownership

Owned Homes: 11%

Tenanted Homes: 89%

The above average percentage of school age residents equate to school options in both the separate and public school boards, though the separate schools are bit further away.

ELEMENTARY SCHOOLS

Regent Park/Duke of York Junior Public School
Nelson Mandela Park Public School
Lord Dufferin Jr. & Sr. Public School

SENIOR SCHOOLS

Jarvis Collegiate Institute

CATHOLIC & PRIVATE SCHOOLS

Momentum Montessori
St.Paul Catholic School
Liberty Prep
Richland Academy

Streetcars on Parliament and Dundas make easy work of getting to a subway, and there’s quick access to the DVP and Gardiner.

About Regent Park

Welcome to Toronto’s Regent Park neighbourhood!

Regent Park is one of the most culturally diverse neighbourhoods in Toronto. There are more than 60 different first languages spoken here and a cornucopia of backgrounds. At once considered a danger zone in Toronto’s footprint, with higher crime rates, and a whirlwind of subsidized housing, Regent Park has since become a sought-after place for the real estate savvy to invest.

Beginning in 2005, a master plan was introduced by the government to redevelop Regent Park into a more mixed-income neighbourhood by investing in the renewal of the area’s buildings, architecture, and local offerings. Today, Regent Park’s revitalization can be seen in it’s sparkling recreational facilities, updated buildings, the investment of entrepreneurial local businesses and shops, and an array of local visitors.

Sandwiched in-between Cabbagetown, Queen street, Riverdale and Toronto’s downtown core – Regent Park sits on a prime, and coveted pocket of Toronto real estate. Investment in the area is only just beginning and perception of the neighbourhood continues to change positively. The collective drive to bring more prosperity and investment from local businesses to the area is palpable.

Although once this city’s largest social housing project, house-hunters looking to get in on the cutting edge of the market can find beautiful condo buildings – such as the PaintBox condos and One Park Place, handsome townhomes, community gardens, convenience, and neighbourliness, in this burgeoning Toronto neighbourhood. There are also some tasty eats! Some local hotspots include (but are not limited to): Fig Breakfast, Dominion Pub, Kibo Sushi House, King Solomon & Queen of Sheba, and Jerk Paradise.


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Send us a message below, call us at 416-274-2068 or text 416-568-0427.