Parkdale is a recently-revitalized neighbourhood located west of the city between Bloor Street West to the north, the waterfront to the south, Roncesvalles Avenue to the west, and the railway and Dufferin Street to the east. Not long ago, Parkdale was once considered a sketchy part of the city, despite being one of the most desirable places to live in Toronto. With careful urban planning, Parkdale is again considered one of the more sought-after communities in Toronto.
The housing market in Parkdale is a hot one, and inventory is rather tight given how in-demand the area is for buyers. In fact, there are usually few listings at any one time in the real estate market in Parkdale.
Parkdale's housing market consists of a myriad of different types of residences, including a mix of condo high-rises and low-rises, houses, and Victorian mansions that date back as far as the late 1800s. Prices for housing in Parkdale have skyrocketed over the past few years, with the average price for houses commanding over $1.7 million. Condos average around $560,000. There are also opportunities to lease in Parkdale, with the average price for condos going for around $2,100 and houses going for about $3,000 per month.
AVERAGE HOME PRICES
|Average Sale Price|
Number of Sales
# Days on Market
|Average Sale Price||$414,007||$459,059||$530,707|
|Number of Sales||57||69||60|
|# Days on Market||28||33||15|
Parkdale is a diverse community that's home to some authentic North African, West Indian, and Polish-inspired eateries and cuisine. In fact, Parkdale's strong Polish presence plays a key role many markets, delis, and restaurants in the neighbourhood. Residents and visitors can also enjoy the eclectic bar scene, as well as the plethora of unique shops in the area, including vintage fashion and furniture stores.
Queen Street offers the most selection in terms of shops and eateries, though nearby Roncesvalles Village is within a short distance for locals who want to check out another shopping district close by.
Those who appreciate spending some active time outdoors can enjoy the infamous High Park within walking distance, the largest park in the city. High Park expands more than 400 acres of green space with trails, tennis courts, and a zoo, to keep people active and entertained. Parkdale also offers several walking paths meandering along the waterfront.
Children and adolescents who dwell within the confines of Parkdale's borders have a number of schools to choose from, including Parkdale Junior and Senior Public School, Garden Avenue Junior Public School, Fern Ave Junior and Senior Public School, and St. Vincent de Paul.
Parks & Recreation
Residents of Parkdale can easily access all of their daily amenities with a short walk, though there are also public transit and roadway options for those wishing to commute in and out of the neighbourhood. Streetcars regularly run along Queen Street, King Street, Roncesvalles Avenue, and Dundas Street, many of which are linked to subway stations. Those travelling by car are within easy reach of Lakeshore Boulevard and the Gardiner Expressway.
*Neighbourhood information provided by HoodQ