AVERAGE HOME PRICES
New Toronto is truly a mix of old and new, from the buildings to the faces in the community. Like Long Branch, the community is in transition as the industrial corridor located at its north end is being redeveloped after lying vacant and fallow for many years. Plans are currently underway for new homes in this part of the community, as well as institutional uses.
Homes in New Toronto are more affordable than most areas of the city and range from detached two-storey homes and bungalows to townhouses, apartments and government-funded housing mainly located between 9th and 13th streets. While there are only a handful of condominiums, values have seen continued growth over the past decade, so future development is anticipated.
Nearly 11,500 people live in New Toronto, of which 28% are of pre-retirement age (55-64) or seniors. This demographic has seen the greatest growth in recent years, followed by young adults (age 20-29). The eclectic community is home to residents from a wide mix of cultures and wage levels. The median family income is $78,272. There are more renters (57%) than homeowners (43%) in the community.
The small-town vibe of this community, unobstructed waterfront access and variety of local amenities makes New Toronto an ideal alternative to its east-end counterpart, The Beaches, without the skyrocketing real estate prices.
Further, New Toronto boasts great green space, with Colonel Samuel Smith Park being the highlight. Located along a stretch of wooded shoreline, it offers a panoramic view of the city and features a network of paths, the city’s first ice skating trail, a playground, off-leash dog area and spots for fishing. The park also organizes several special events, including the Spring Bird Festival and Lakeshore Mardi Gras. Just to the east is Rotary Peace Park, which includes a lit baseball diamond, tennis courts, a splash pad and children’s playground.
If travelling by car, Lake Shore Boulevard provides the most direct route to downtown Toronto. Two streetcar lines, the 508 Lake Shore and 501 Queen, also traverse the main arterial road, the latter of which can take you all the way to the other end of the city on just one ride. A Go Transit station is located in neighbouring Mimico, providing convenient rail travel as far east as Oshawa, and Hamilton to the west. TTC buses run north-south on Islington and Kipling avenues, connecting commuters to the Bloor-Danforth subway line. There’s also an express bus that provides east-west service between south Etobicoke and downtown Toronto during weekday morning and afternoon rush hours. New Toronto has a transit score of 78 out of 100.
Seven schools, two of which are high schools (Lakeshore Collegiate Institute and Father John Redmond Catholic Secondary School and Regional Arts Centre) call the community home, the newest addition being St. Josaphat. The Eastern Rite school permanently moved from its former location in Long Branch to New Toronto in September 2018. The designated attendance boundary for St. Leo also falls within the area.
Second Street Junior Middle School (JK – Grade 8)*
Seventh Street Junior School (JK – Grade 5)*
St. Josaphat Catholic School (JK – Grade 8)*
St. Leo Catholic School (JK – Grade 8)
The Holy Trinity Catholic School (JK – Grade 8)*
Twentieth Street Junior School (JK – Grade 5)*
*Schools located in New Toronto.
NOTE: Designated attendance boundaries for 2019/2020 school year.
Neighbourhood Property Alert
Want to know what properties are selling for in New Toronto? Or are you interested in another neighbourhood? Simply fill out the form below and get new listing updates for your preferred community delivered directly to your email inbox. If you like a property you see or want additional information, contact me.
Average home prices are based on sold prices for Q2 2020. Freehold prices are for all home types. Semi-detached prices are for two-storey homes. Two-storey prices are for detached homes. Community information based on data collected by Statistics Canada for its 2016 census study. Accuracy is of upmost importance and every effort is made to verify the information displayed. However, it should be used for reference only as details are subject to change without notice.