The Lowdown on Yonge & Eglinton

Your Typical Neighbour

Your typical neighbour here ranges from young professionals living in condominiums or ‘starter homes’ to single families who enjoy the quieter qualities of the area. This is generally a middle-upper class income area.

What We

This area is fun! There’s no shortage of things to do, places to go, or people to see here. This mixes nicely with the quieter side of Yonge & Eglinton. You can really get a little bit of everything here.

What We Don't

Yonge & Eglinton has somehow become one of Toronto’s most high-traffic areas - right around the subway station. It can feel slightly overwhelming, quite noisy, and incredibly frantic, if you’re not tucked away on residential side streets.

Homes in this area are generally attractive, moderately sized properties that offer an excellent place to put down some roots. Again, this is a competitive area of the city in terms of real estate - both because of proximity to transit, local amenities and schools as well as the charming family-oriented aspect of Yonge & Eglinton residential side streets. Right along Yonge Street, however, you can get some excellent value in newer condominiums that offer all the finishings and convenience a young professional could ask for.

HOUSE STATS

2015 2016 2017
AVERAGE PRICE $1,282,858 $1,714,248 $1,910,192
PRICE: Low-High $745,000-$2,230,000 $651,000-$4,250,000 $865,000-$4,497,000
AVERAGE DAYS ON MARKET 11 12 12
# OF SALES 34 89 67

CONDO STATS

2015 2016 2017
AVERAGE PRICE $639,421 $628,564 $772,508
PRICE: Low-High $280,000-$2,100,000 $31,000-$2,675,000 $23,000-$3,188,000
AVERAGE DAYS ON MARKET 27 26 16
# OF SALES 34 148 178

Area: 6,411

Population: 10,578

Demographics

Kids: 15%

Youth: 11%

Seniors: 12%

Visible Minority: 18%

Average Family Income: $96,588

Education

Lower Education: 12%

Higher Education: 88%

Home Ownership

Owned Homes: 29%

Tenanted Homes: 71%

Yonge street! Hello! Also, Yonge & Eglinton subway and easy access to Avenue Road. The future Eglinton Crosstown LRT is also drawing continued investment...once construction completes around 2021.

About Yonge & Eglinton

Often referred to as ‘Midtown’, Yonge & Eglinton is often lumped into ‘North Toronto’, however this is a more high density area of than the rest of North Toronto’s residential neighbourhoods, due to the many high rise buildings, condominiums, and local businesses along Yonge Street and clustered around Eglinton subway station.

City and industry planning has resulted in an area packed with modern condominium towers, businesses (such as the Canadian Tire HQ), local date spots and restaurants. Coupled with the convenience of living steps to the Yonge TTC line, this has attracted an influx of young professionals; Yonge & Eg is often dubbed ‘Yonge & Eligible’, due to this large population of predominantly single residents.

Locals who live on the more residential streets flanking each side of Yonge & Eglinton are made up of more young families, plus older parents or professionals who have lived in the area for many years.

These streets seem to be an abrupt transition from the hustle-and-bustle found directly on Yonge street, but offer an easy hideout, with tree-lined, moderately sized single family homes, and a neighbourly atmosphere. Residents who live here have excellent access to local parks and are walking distance to North Toronto arena (where the North Toronto kid’s hockey team plays!).

Residential streets in Yonge & Eglinton are never far from the more happening scene just around the corner on Yonge. There, locals can find restaurants, cafes, bars, shopping, salons, and more – including Silver City Movie Theater, The Pickle Barrel, Mendocino boutique, The Bagel Shoppe, The Rose & Crown, The Duke of Kent, Indigo, and Urban Outfitters.

This is a busy area of Toronto, with high foot traffic and an abundance of young professionals drawn by both convenience and style. Side streets provide shelter from the bustle, where middle-to-upper income families enjoy a family-oriented community. The resulting mixture of old-and-new, modern-and-traditional, high-rise-and-residential, somehow still works…and has created a competitive real estate market for this area of our city.


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