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RATEHUB.CA
Buzzer
reply 115 vote 5
 

What's the next HOT Toronto neighbourhood?

They were throwing the word 'gentrification' around in the recent 'Manhattanization of Toronto' article, and it got me thinking: which neighborhoods in Toronto are actually experiencing this right now?

In the article, it was mostly referencing the downtown core, which is definitely on the far side of gentrification. Even areas like Leslieville and Parkdale are easy to identify, but which are the next 'big' gentrification hoods?

Some personal observations:
- downtown real estate is limited and it's inevitable gentrification will spread to surrounding areas, if the core continues to grow
- this means areas like the stretch of Queen just East of Yonge will likely clean up (some may argue this is already underway)
- which are next?

- KM
22
Toronto / New Home Q&A
 
 
 
BRIAN PERSAUD
BabbleBee
reply 280 vote 17
 
 
1 BEST REPLY
Gentrification occurs best if the government supports it
See
Central King West
West Queen West
Entertainment District

Areas getting government focus:
West Don Lands, East Bayfront, Portlands, Mimico - Humber Bay shores
 
 
 
ANONYMOUS
BabbleBee
reply 301 vote 23
 
 
Bloor West - like Bloor and Dovercourt area. And, in 5 years, Bloor West West like West of Dufferin.
 
 
MATTHEW SLUTSKY
Senior Buzzer
reply 2299 vote 171
 
 
What about Dupont and Lansdowne? Check it on the map here: http://goo.gl/Y00XR
This area, with projects such as Fuse Condos, Junction Triangle Lofts and Cornerstone Lofts is thought to be the "next" Liberty Village.
Thoughts?
 
 
KEGLINTON
NewBee
reply 3 vote 1
 
 
1
I would categorize the gentrification areas as being 1. gentrifying rapidly where the neighbourhood is currently under massive transformation, 2. gentrification started, where some gentrification is starting to happen and 3. pre-gentrification, neighbourhoods which haven't yet been noticed for their full potential as gentrification candidates but have all the hallmarks of a potentially great neighbourhoods.
1. Gentrifying Rapidly: Leslieville, Upper Beach, Parkdale/Queen West West, Dundas West of Bathurst
2. Gentrification Started: Junction, East York, Mimico/Lakeshore Village, St Clair West of Bathurst, Riverside/Rivertown, Queensway
3. Pre-Gentrification: Upper Junction, Danforth east east, Weston Village, Mount Dennis, Scarborough Junction, St Clair West West, Gerrard East/Chinatown East
In the downtown core, its inevitable we will see many more high rises and that will appeal to the young urban crowd. But when they decided to have families, they will likely move into one of the above neighbourhoods or the already established hoods like the Annex, Riverdale, Bloor West Village, Roncy etc.
From both an investor and end-user perspective, you have to be able to view gentrification as something that will now start ot occur more beyond the DVP--Davenport--Dufferin--LakeOntario perimeter. This perimeter is already saturated and well under way to be high-rise city in the next 10-15 yrs because of the cost of land and construction, it will leave developers no choice but to build as high as possible to maximize returns within that perimeter.
The neighbourhoods outside this perimeter are the ones that hold a lot of promise and the lower cost of land will allow for savvy developers to create livable buildings (read: The Hive and some StreetcarDev projects).
 
 
SYMMETRY DEVELOPMENTS
Buzzer
reply 83 vote 5
 
 
1
Neighborhoods I'm big on:
Upper Beaches
Gerrard East/East ChinaTown
Junction
Queensway
East Danforth
Landsdowne and Dupont is NOT the next Liberty Village. Firstly the proposed architecture/pricing/finish
of Upside Down and Fuse is intended to create a low-income rental community.
Secondly there's a small matter of the most notorious building in the GTA, 1011 Landsdowne.
http://www.blogto.com/city/2006/11/notorious_1011_lansdowne_ave/
 
 
ANONYMOUS
 
 
Not sure if it's been mentioned already but the Corktown District just north of the new Pan Am Game village east of King/Parliament and pretty much all the way past Queen/Broadview.
 
 
URBANDREAMER
Buzzer
reply 96 vote 2
 
 
St Clair/Forest Hill Village area--not really gentrifying, but becoming more genteel with the addition of several thousand or more condo units over the next decade. Means more demand for better retail, more folks on the street keeping things open longer.
Yonge and Eglinton--transforming from a dull corporate 3rd rate Bay St to a real happening node of the city--watch for 10,000+ condos over the next 20 years to really give the area a boost--could be another Yonge&Bloor.
 
 
KEGLINTON
NewBee
reply 3 vote 1
 
 
Symmetry said:
Neighborhoods I'm big on:
Landsdowne and Dupont is NOT the next Liberty Village. Firstly the proposed architecture/pricing/finish
of Upside Down and Fuse is intended to create a low-income rental community.
Secondly there's a small matter of the most notorious building in the GTA, 1011 Landsdowne.
http://www.blogto.com/city/2006/11/notorious_1011_lansdowne_ave/

Agree with the above statement, its not the next Liberty Village, but this area does have potential to become something of a community. But the builders who have been involved so far have lack lustre projects and like you mentioned are indeed on their way to creating cheap investor owned rental units.
The large Galleria Mall site at Dufferin and Dupont which I believe has some applications in for condos/townhouses, would be interesting to see the plans for this site. Also further south of Lansdowne/Dupont, along Wallace, there have been some smaller projects and conversions that have been happening for some time now, the Wallace/Lansdowne/Symington area is definitely attracting the artists and smaller high-tech startups such as the Ubisoft video game developer who just recently opened their Toronto offices.
 
 
WARREN GYULAY
Buzzer
reply 21
 
 
Matthew said:
What about Dupont and Lansdowne? Check it on the map here: http://goo.gl/Y00XR
This area, with projects such as Fuse Condos, Junction Triangle Lofts and Cornerstone Lofts is thought to be the "next" Liberty Village.
Thoughts?

Our studio is just around the corner from there. Being Interior Designers, we took note that it will be the next hot area. Shoppers Drug Mart just signed on along with Metro Grocery Store. We love it here in junction triangle and junction area!
I know this area quite well. I use to rent a house about 18 years back so I have clearly seen the changes over time.
If your ever in the area, don't forget to check out the new design shops and amazing cafes:
http://www.junctiontriangle.ca and http://thejunctionbia.com/Home.aspx
 
 
TRONTSIES ONTARIO
Buzzer
reply 103 vote 1
 
 
Cliff said:
Bloor West - like Bloor and Dovercourt area. And, in 5 years, Bloor West West like West of Dufferin.

I've been living in this area (between Lansdowne and Dufferin) for over a year now and the amount of change I've seen thus far indicates that this 'hood should be watched closely over the next little while.
Trendy bars, coffee shops, fashion stores and more are beginning to pop up. There's even a new restaurant with no name that only opens 4 or 5 days a week and doesn't take reservations - this to me is the proverbial personification of the hipster movement. The place will be over-run in no time!
Definitely one to keep an eye on!
 
 
NICANORTO
NewBee
reply 8
 
 
West Don Lands is definitely getting attention. Expect major transformations.
Another area not to be overlooked is Regent Park.
 
 
MATTHEW SLUTSKY
Senior Buzzer
reply 2299 vote 171
 
 
It would be nice to see all of Bathurst gentrify.... looks like @Symmetry is working on it!
 
 
ANONYMOUS
BabbleBee
reply 301 vote 23
 
 
@Matthew agreed. What's with Bathurst anyway - its got a very unattractive vibe. Avenue Road is cool, Bathurst is not cool. Why is this?
 
 
URBANDREAMER
Buzzer
reply 96 vote 2
 
 
Downtown Yonge. Perhaps from roughly Bloor Street to Front, but especially the main drag between Wellesley and Dundas will be hugely impacted by the thousands of new condo residents coming to the area--from Casa II, 5ive, Nicholas, 501-yonge, a bunch of Wellesley condos coming soon, Massey Tower, new office tower at the Eaton Centre, and more condos etc on the way.
 
 
CONDO CHRIS
Buzzer
reply 99 vote 54
 
 
Love junction. Love wallace/Emerson. Even Oakwood/St Clair . Just bought a house for myself in Moss Park. I'm all about the ghetto.
 
 
MATTHEW SLUTSKY
Senior Buzzer
reply 2299 vote 171
 
 
urbandreamer said:
Downtown Yonge. Perhaps from roughly Bloor Street to Front, but especially the main drag between Wellesley and Dundas will be hugely impacted by the thousands of new condo residents coming to the area--from Casa II, 5ive, Nicholas, 501-yonge, a bunch of Wellesley condos coming soon, Massey Tower, new office tower at the Eaton Centre, and more condos etc on the way.

Great one! One that is often overlooked as an "upcoming" neighbourhood.
 
 
ANDYB
Buzzer
reply 29
 
 
The King & Bathurst / Front & Bathurst neighbourhood is pretty hot and it will be a much hotter hood in the next few years!
 
 
GIOVANNI MARSICO
Buzzer
reply 23 vote 3
 
 
1
The areas I'm watching the most are Yonge between Wellesley to Queen, the waterfront east of Jarvis (including West Don Lands and eventually Lower Don Lands), Regent Park, and King West between Spadina and University.
I have a feeling people will be most shocked or pleasantly surprised when they see Regent Park and West Don Lands in 5 years.
I'm also curious to see what happens with Ontario Place as well...
 
 
THEMASH
NewBee
reply 1
 
 
Sherbourne and Shuter!
 
 
MATTHEW SLUTSKY
Senior Buzzer
reply 2299 vote 171
 
 
@theMASH, did you buy at O2?
 
 
DANIEL DE MELIS
Buzzer
reply 249 vote 54
 
 
This convo needs an update. :).
 
 
MARCO DIFOTI
Senior Buzzer
reply 550 vote 45
 
 
People can talk and talk about all these outter areas, but IMHO, the next "area" is anywhere along Yonge Street.

Yonge is the most under appreciated street in Toronto.

It has the best transit. Best connections. Best buildings. This all equates to potential.  
 
 
 
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