GTA HOUSING STATS

 
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Keeping You Informed!
 
GTA HOUSING STATS
 
 
 
Number of Freehold Homes on the Market
 
INVENTORY
KEEPS RISING
Good News For Buyers
 
 
?Number of Condos
on the Market
 
INVENTORY
VERY LOW
Demand Is Increasing
 
Toronto Is Changing Its Map Around
To Create 34 New Neighbourhoods
 
Toronto is redrawing its seemingly-ancient map of neighbourhoods to better reflect how more than a dozen monolithic regions across the city are actually divided in terms of population and use.
 
Freshly unveiled by the municipal government, these new boundaries present a Toronto with 158 different neighbourhoods — up from the current total of 140, which has been in place since the late 1990s.
 
It's not yet clear when the new boundaries will be formally recognized, but the city has released a map showing how large areas such as RougeDovercourt-Wallace Emerson-Junction and Islington-City Centre West are being divvied up. The latter, for instance, will be split in half horizontally, creating two new neighbourhoods called Islington and Etobicoke City Centre. With more than 43,000 residents as of the last Canadian census, this makes sense.
 
The area currently known as Willowdale East will be split into three new neighbourhoods called Empress, Avondale and Dunforest-Hollywood, which certainly people will eventually call "Hollywood North (of Bloor.)"
 
Downtown, the neighbourhood currently known as Niagara will be split into West Queen West and Fort York-Liberty Village. Waterfront Communities The Island will become three new neighbourhoods called Wellington Place, Harbourfront CityPlace, and St. Lawrence-East Bayview-The Islands.
 
In total, 16 old neighbourhoods are being replaced with 34 new ones. The rest will stay the same, as will the outer boundaries of all old neighbourhoods. Only internal lines are made for new neighbourhoods. This allows old neighbourhoods to be compared to newer ones.
 
In terms of the city's old neighbourhood numbering system, all areas being split up will effectively see their numbers retired. New neighbourhoods have been given numbers starting at 141 and going up to 174. Minus the old neighbourhoods, Toronto has 158 different areas that residents can call home on the new map.
 
Frivolous as it may seem to do all of this work just to rename a bunch of blocks, Toronto's neighbourhood profiles are more than a vanity project they exist to help government and community agencies with local planning by providing socio-economic data on a meaningful geographic scale.  
 
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Raza Mohammad
Broker of Record
Homelife Elite Services Realty Inc.
 
We look forward to working with you!
 
Not intended to solicit clients and properties already under contract.