Condos in Toronto’s Garden District have the advantage of being centrally located in the heart of the city. This small pocket, just east of Dundas Square, is located in the “downtown area” of Toronto’s official plan, an area considered a cornerstone of the city’s growth management strategy and the pre-eminent urban growth centre within the GTA.
The site of this new building and the surrounding block sit in the midst of a diverse and rapidly-developing downtown area that has seen a significant increase in residential and mixed-use revitalization, particularly over the last decade. Immediately west of the site is a large-scale, mixed-use project, which includes three 28-storey towers with retail and commercial use at street level. Other developments proposed in the immediate area include a luxury hotel and condominium building and a mixed-use development including a public park. It’s an exciting and rapidly-growing place to invest in and its proximity to the downtown core will likely continue to attract residents who crave a high-energy, urban environment.
Many other major attractions nearby have also been growing, including the newly-expanded Ryerson University – just north – and St. Michael’s Hospital, a world-class medical facility. The site is close to the Eaton Centre and a wealth of shopping, dining and entertainment options in the area around Dundas Square, just west of the site.
Two streetcars are just steps from the site and Dundas station is a few minutes’ walk, putting you right at the epicentre of downtown transit. From there, it’s a short commute to a number of high-density employment districts, like the Financial District and the Bay Street Corridor. Many of the region’s top post-secondary institutions, such as Ryerson University, George Brown College and the University of Toronto are equally easy to get to, making this spot an excellent option if you’re in the market for an income property.