In addition to our Market Watch and Mortgages feature, we’re doing a monthly focus on neighbourhoods that offer great value and lifestyle.
This month we thought we’d start with our home turf – the Upper Beach!
A combination of new developments and heritage conservation, we love this area for the quiet, family vibe where ‘game on – game off’ is a common sound and the value for your dollar is great. Here are the highlights:
Based on homes sold over the past few months, you can get into a semi-detached that needs work in the mid $300k’s and get a well renovated semi for mid to high $400k’s. Compare that to $500,000 to $700,000 for prime Beach.
Check out this recently sold home that went for $495,000 www.37Pickering.com
Detached homes have a fairly wide range in this area depending on pocket and lot size. There are some great values in bungalows that may need some TLC in the $400,000 range.
Detached 3+ bedroom homes needing work range from $600,000-800,000 and fully renovated 4 bedroom homes with great lots start at around $800,000+. Prime Beach will run you about $800,000 -$2M depending on the home and location.
Family, Not Tourists
Perhaps we’re a bit sensitive here as we used to live just north of Queen on Kenilworth, right in the thick of tourist traffic. People always say it’s so nice and quiet up here and we agree. There is a solid density of schools up here which gives the area a buzz around lunch and when school starts and ends but other than that it’s just so nice a peaceful.
We are a 10 minute walk to Queen Street, an equal walk to the subway and have everything we need within reach with easy access to the highway via Kingston Road.
Shops & Restaurants
With the new development on Gerrard, Main Street and beyond are really gentrifying. I’ve always said look for the coffee shops…when a cool one pops up, start buying.
Case in point – Grinder located a Main & Gerrard, known as “the best little coffee shop in Toronto’s east end”. Having been here for two years, the owner, James says the best part about this location is the people – the Grinder has the atmosphere of a pub where everyone gets to know each other. This obviously true since I’ve run into two people since I’ve been sitting here writing!
Some of Queen Street’s most popular retailers have said ‘no thanks’ to the atrociously high rents and have moved ‘uptown’…Cool Green and Shady at Kingston & Main, Threads at Kingston and Silverbirch, and more to come.
One of the best kept secrets is Norwood Park – it has a great playground, a fenced off-leash dog zone, tons of green space and tennis courts. Just head north on Main, left on Benlamond and you’re there.
Just up the street on Main is the Main St. Recreation Center, one of the newest centers with a great swimming pool and at the intersection of Main & Gerrard, there is the Ted Reeve hockey arena. Just to the south is the public library. The kids section upstairs is massive with much more room for kids to play than the Queen Street location and it’s not nearly as busy.
In summary, the Upper Beach is growing and will only get better. If you are not interested in paying the premium for living in prime Beach and want a quieter family vibe with great new shops and places to check out, this is the neighbourhood for you.
To see what is currently for sale in this area, send me an email and I’ll send you the listings.