Not too long ago, the downtown area of any major city was the last place a home buyer with means would look for real estate. The condition of many downtown neighbourhoods was dismal, as factories began to shut down and slum conditions began to take over. Toronto was no exception; as recently as the 1960s, many of the downtown areas in the city were looking quite rundown, almost like something out of the movie Gangs of New York. The deterioration of downtown centres everywhere, and Toronto was no exception, was part of the reason for the phenomenon which became known as suburbanization. (read the definition here)
As the 20th century progressed, however, major cities all over North America began to develop new visions about what city living should look like. There were many negative aspects to the process of suburbanization. Not the least of these was that no one could make any new land; development had begun to stretch as far as it could go, the result being that people were paying higher prices for houses further out from where they needed to be because they couldn't afford those in places in big cities like New York. The result in cities all over was a new vision of what neighbourhoods should look like, a vision which downtown Toronto, Chicago, Los Angeles and others would profit from.
Today, those interested in the kind of homes offered within downtown Toronto will find a huge range of housing options. While Toronto has a reputation of having very expensively-priced homes, particularly standalone, there are several neighbourhoods within the downtown core that are still considered quite affordable. You don't have to move all the way out to a rural area. In large part, this is due to the fact that these neighbourhoods have not imprinted themselves on the public consciousness yet. They have been rejuvenated and boast some of the most beautiful architecture in the area, but have been overlooked for more widely known neighbourhoods within the city.
In this section of our site, we are going to take a look at the variety of neighbourhoods and real estate listings in what is considered the downtown area. These homes are all close to the heart of the city, which means easy access to all the entertainment, shopping, and work opportunities the metropolis has to offer. What's more, you can find every type of real estate you are interested in within this area, whether you are looking for a standalone home or a condo. Central Toronto is the hippest place in Canada and we think you will find the many different homes to be found here an interesting study.
There are some parts of downtown Toronto that are quite exclusive, and we will take a look at these areas in detail as well. In some cases, it can be an exercise for those interested in the history of the city; many of the finest neighbourhoods were established and developed in the middle of the 20th century as part of commercial real estate Toronto. Exclusivity is not due to price, either. We will take a look at a couple of fascinating Toronto neighbourhoods everyone wants in on but only a lucky few can get into. You don't have to look for affordable homes in outlying areas like Leslieville; downtown Toronto has plenty to choose from for buyers interested in any kind of home. We will take a look at the specifics in this section. This content was provided by local Toronto business, Physio Plus Health Group.