The Lowdown on Dovercourt Park

Your Typical Neighbour

Young families with an income below the Toronto average. Chances are about 50/50 that you have more neighbours than you’d expect in the divided house next to you.

What We

Momentum. Retail is improving, leaseholds are getting facelifts and even the Dufferin Station bus platform just got a makeover. Not too mention the Galleria Mall redevelopment that is currently taking place. Scheduled to be completed in 2023, the redevelopment will transform the 20 acre Galleria Mall into a high-rise mixed-use residential community.

 

 

 

What We Don't

The lower income apartment buildings aren’t going away anytime soon. They are, of course necessary (and are the reason there is so much excellent recreational programming), but there’s no denying they create downward pressure on property value.

Property Statistics in Dovercourt Park

Source: TREB Statistics

Most of the Single-family dwelling stock that lives here was built between 1900 and 1925. The nature of the demographic here led to a good majority of these Edwardian style homes being converted into multi-unit buildings by investors who saw the opportunity in renting multiple smaller spaces. More recently these homes are being returned to single-family dwellings, as the area has grown in popularity in recent years spurred on relatively affordable purchase prices compared to some of the more popular southerly neighbourhoods. Clean streetscapes lined with mature trees and above-average neighbourhood curb appeal are changing the demographic searching here more recently as well.

There is irony in the slow and steady gentrification here. Most of the buildings along the Bloor street stretch are two and three-story mixed-use commercial and residential buildings that see storefronts on the street with office or more likely residential space above. These buildings are some of the oldest in the area, and often in varying levels of disrepair. There are also a number of low and mid-rise apartment buildings in the area that are rental-focused and address the lower and middle-income housing need that is strong here.

The bottom line? Dovercourt and neighbouring Wallace-Emerson represent the most affordable stretch along the subway anywhere close to downtown. Look east, west and south and from almost every direction there is price pressure moving this way - just look at what’s happened to formerly scruffy Junction Triangle in recent years.

Area: 4km

Population: 34,635

Demographics

Kids: 13%

Youth: 13%

Seniors: 12%

Visible Minority: 37.1%

Average Family Income: $60,650

Education

Lower Education: 37.5%

Higher Education: *61%

Home Ownership

Owned Homes: 53%

Tenanted Homes: 47%

Subways and blue light Bus lines cross the city on Bloor at all hours of the day. Dufferin is a direct route South to the highway or North towards midtown.

About Dovercourt Park

Welcome to Toronto’s Dovercourt Park neighbourhood.

Strolling down residential streets in Dovercourt Park it’s amazing to think that they were once farmers fields. The landed gentry of the area, the Denison family, rented out plots of land to farmers in the 1800s. The area was named after their clan’s estate ‘Dover Court’ and later (many years later) annexed by the city of York and then the City of Toronto. But if history bores you, let’s talk about what makes it so special today.

Today, Dovercourt Park gets high marks for its variety of residential housing, local green space, proximity to public transit, and tight-knit community. Housing options in the area range from traditional brick detached, and semi-detached, to modern builds, and even a few fancy church-loft conversions. Droves of young professionals and new families have flocked to this area of the city giving it a family-friendly feel. The local Dovercourt Boys and Girls Club provides after-school programming for kids and a social outlet for neighbouring parents to get to know one another. And, just a short and easy stroll along side streets takes residents to the Bloor subway line, that whisks passengers between Ossington and Yonge stations.

Reflecting the increased prosperity of the area, nearby startup businesses – restaurants, cafes, pubs, boutiques – have been flourishing. Favourites among the Dovercourt Community include (but are sure as ‘heck’ not limited to): Campo, Field Trip Cafe, Nazareth Restaurant, The Hogtown Vegan, Gus Tacos, Pam’s Caribbean Kitchen, and Pause Beauty Boutique.

We can no longer describe Dovercourt Park as an area that is merely ‘up-and-coming’. This is a pocket of Toronto real estate that has seen a rise in popularity that now positions it as a highly in-demand fraction of Toronto’s real estate market. And, it is clear to see why.


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