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May 19th, 2012 
Joyce Linett
Broker
416-487-5131




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Yonge - Eglinton

Yonge and Eglinton, also known as Yonge-Eglinton or Uptown, is a neighbourhood in Midtown-Toronto, Ontario, Canada, which was once a part of the old Town of North Toronto. In recent years, its centralized location has spawned development, including a number of big-box retailers and tall, high density residential towers. Development has concentrated around the Eglinton subway station, and has resulted in a mixed-use neighbourhood with a mix of detached houses, townhouses, and high rises. It is home to a variety of small retail stores, restaurants, larger stores, and a mall/movie theatre complex. Numerous public high schools dot the neighbourhood, including North Toronto Collegiate Institute, Northern Secondary, Forest Hill Collegiate Institute, several private schools, and the TCDSB (Catholic board) Marshall McLuhan Catholic Secondary School and St. Monica's Catholic Elementary School. Public parks in the area include Eglinton Park, Oriole Park and the Belt Line Railway.

It is a popular neighbourhood for young professionals, a fact reflected in one of its nicknames, "Young & Eligible"[1]. Another nickname is "Yonge & Eg."

Average 2008 sale price:
$799,152
Property crime:
average
Crime against people:
very low
Neighbourhood map:
See map

 

 

With a mall, two cinemas and dozens of shops and restaurants, this bustling intersection is like a lighter version of Yonge and Dundas, minus the 905ers and tourists. More common are harried nannies pushing designer-clad tots in Bugaboos. The area is especially lively at lunchtime, when the office towers and three local high schools disgorge their hungry hordes (Starbucks and What a Bagel on Yonge Street are popular destinations). The vibrant retail core combined with quiet side streets make it a sought-after address, and highly reputable schools such as Allenby and the soon-to-be-rebuilt North Toronto Collegiate have filled the area with affluent families. Young and eligible 20-somethings snap up new condos, which are sprouting at an exponential rate—on Duplex Avenue alone, two proposals are in for 20- and 25-storey towers. Beyond shopping and eating, North Toronto Memorial Community Centre offers tennis, soccer, swimming and skating on a dog-friendly park that stretches from Eglinton to Roselawn.

 

HOUSING STOCK: In the North Toronto end, maple-shaded streets feature a mishmash of sizes and architectural styles. Down in Chaplin Estates, stately Tudor and Georgian homes fetch $1.5 million, but rarely see the market.

 

BARGAIN ZONES: Condos start in the mid $200,000s. North of Eglinton, the occasional three-bedroom, semi-detached fixer-upper can be had for around $500,000.

 

THE VERDICT: Young professional parents are drawn by the coveted school district and short subway ride to and from work. The broad range of houses allows homeowners to move up without leaving the ’hood.

 

 

 

 

 

 

 

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