The Lowdown on Leaside

Your Typical Neighbour

As a Leaside resident your typical neighbours are families and professionals. Occasionally your neighbour might also be an elderly resident who has stayed in the neighborhood throughout the years (savvy real estate move!). Neighbours are typically well-heeled, friendly, and invested in the community.

What We

The village feel of Leaside can calm any city-dwellers’ nerves. A ‘Wonder Years’ quality still resides here and welcomes you in with open arms. High walkability to local shops and proximity to transit make for an ideal combination of urban and suburban living. This is a fantastic place to raise a family.

What We Don't

Leaside is a place where pride of ownership often means constant renovations and ‘keeping up with the Joneses’. The Truman Show could hit too close for some Leaside residents. Watch with caution!

When Leaside was incorporated into the borough of East York, in 1913, it had a total of only 43 homes. A developer’s dream, the CNR (Canadian Northern Railway) saw an opportunity for the area to accommodate up to 700 times that number.

By the 20th century, part of CNR’s railway expansion plans included creating thoroughly planned communities along their railway that would serve as both destinations for visitors taking the train, as well as excellent business trade opportunities along the railway route. Smart thinking, right?

Thus Leaside became one of the CNR’s 3 model towns – the others being Mount Royal (Quebec), and Port Mann (British Columbia). Mount Royal still stands, along with Leaside, as an middle-upper-class community that is highly sought-after by real estate investors and buyers globally.

Today, Leaside homes vary in look and feel – from traditional brick stone to modern new builds or revamped homes with sleek renovations. Many smaller homes on larger lots have been bought and torn down to make way for mega-mansions with all the bells and whistles a fancier Torontonian could dream of.

While once bidding on homes in Leaside meant you were competing with 1 or 2 other people (or couples) and going a few thousand dollars over asking, the landscape has most definitely shifted. Today, Leaside can be extremely competitive and bidding wars can send properties way over asking. For the serious buyer, this is nothing to be scared of - this is one well-kept neighbourhood that is certain to forever be a sound investment.

HOUSE STATS

2015 2016
AVERAGE PRICE $1,398,635 $1,596,882
PRICE: Low-High $722,000-$2,620,000 $800,000-$2,890,000
AVERAGE DAYS ON MARKET 12 10
# OF SALES 61 187

CONDO STATS

2015 2016
AVERAGE PRICE $663,804 $734,681
PRICE: Low-High $295,000-$2,225,000 $225,990-$2,800,000
AVERAGE DAYS ON MARKET 31 24
# OF SALES 40 101

Area: 3,650

Population: 17,011

Demographics

Kids: 20%

Youth: 12%

Seniors: 16%

Visible Minority: 13%

Average Family Income: $125,727

Education

Lower Education: 15%

Higher Education: 85%

Home Ownership

Owned Homes: 76%

Tenanted Homes: 24%

There are regular buses to Leaside that run from Eglinton subway station, at Yonge & Eglinton, as well as the Yonge Streetcar which can also take you both North and Southbound.

About Leaside

Leaside is located northeast of downtown Toronto, stretching eastward from the intersection of Eglinton Avenue East and Bayview Avenue. The area gains its name from the Lea family, who settled in the region earlier in the nineteenth century.

Originally developed as farmland, Leaside was incorporated as a town in 1913 and later amalgamated with the township of East York, forming a borough, aptly known as: East York. In 1998, Leaside became a part of the city of Toronto.

Whisperings once touted Leaside as ‘Toronto’s new Rosedale’, and as the city has evolved, this has in some ways come to be true. Once considered a more middle-class neighborhood, the area now hosts predominantly upper-class families who can buy into the area’s big-ticket real estate and accompanying lifestyle.

Well-manicured lawns, homes with plenty of curb appeal, pride of ownership, quiet tree-lined residential streets, greenspace/ravines/trails, a family-oriented vibe, and neighbourliness, are rampant in this part of T.O. With its picturesque scenery and excellent walkability, Leasiders are nestled into a village-like atmosphere where people know your name, families carpool to skating competitions, kids play house league hockey together, and people actually wave and say ‘hi’ on their way into their homes.

This fusion of urban and suburban qualities make Leaside a beautiful neighbourhood to raise a family, settle down or just escape the noise and hustle of everyday downtown city life. Families who live in Leaside benefit from proximity to excellent schools and transit.

The many shire-like qualities of Leaside can be attributed to its thoughtful urban layout – residential blocks are quiet and bordered by a periphery of major roadways that draw street traffic to the outside of the residential area, rather than inside. This provides a calm escape from heavier car-laden streets.

Local hot spots in Leaside include: McSorley’s, the Leaside Pub, The Old Yorke, Pilot Coffee Roasters, Patisserie la Cigogne, and Leaside Yoga.


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