Every type of buyer has their own unique needs when it comes to buying real estate. And for young professionals, these needs may likely include living close to work while being surrounded by plenty of things to do.
Luckily, Toronto is filled with fabulous neighbourhoods that seem to be tailor-made for young professionals. The city is loaded with employment opportunities and a vibrant cultural scene, making it one of the best cities in North America to live and thrive in.
Without further ado, here are the top neighbourhoods for young professionals in Toronto.
Yonge and Eglinton
With a ton of employment opportunities, plenty of spots for dining out and meeting up with friends, all sorts of residential options, and the TTC subway easily accessible, Yonge and Eglinton makes the ideal spot for the young professional.
And with great schools and loads of detached homes with decent lot sizes in the area as well, these urbanites can safely plant their roots here and grow with their families. And each year, a new condo development seems to pop up in the area, which continues to draw in young professionals.
Living downtown doesn’t necessarily have to mean spending a million bucks to realize that dream thanks to relatively affordable condos in the King West neighbourhood of Toronto. And with a growing number of condos springing up in the area every so often, there’s plenty for buyers to choose from.
Young professionals will especially appreciate the wide array of corporations that call King West home, offering all sorts of opportunities to live within walking distance to a well-paying job. And with all the entertainment options in and around the area – as well as the close proximity of the Entertainment District – King West offers young professionals a great opportunity to live, work, and play all in one convenient location.
Rejuvenated and revitalized over the recent past, The Junction has become a highly sought-after neighbourhood among buyers – including young professionals – for good reason. Despite its close proximity to the downtown core and all the shops, restaurants, and points of entertainment, it’s still relatively affordable for those who are just getting their careers off the ground.
Young professionals will have their pick of the litter when it comes to affordable rent prices, as well as more traditional dwellings. Reunion Crossing, a new and unique 11-storey brick condominium and 5-block urban townhouse complex in The Junction, offers extensive landscaped areas, private outdoor play area, covered bicycle parking, and a public park with a splash pad for children.
And with the St. Clair streetcar right at your doorstep, commuting has never been more convenient. Plus, the liveliness of the community will keep residents constantly entertained.
The historic community of the Distillery District is as picturesque as it is convenient for young professionals. Just east of the downtown core, the Distillery District was once a whiskey distillery – hence the name – but has since has been turned into a mixed-use area of both residential and commercial spaces.
There are tons of architecturally-rich condos to snatch up, many of which are in the starter-home price range. There are always events happening, and the plethora of bars, cafes, and eateries will keep residents thoroughly entertained after work. And with such close proximity to the Financial District and various corporations, young professionals will have no shortage of employment opportunities to take advantage of.
Probably one of the better known and frequently visited areas of Toronto is Queen West. Easily one of the hippest and artsier areas of Toronto, Queen West is home to just about every type of store, cafe, restaurant, bar, and art gallery under the sun. In fact, Vogue Magazine recently named Queen West the second coolest neighbourhood across the globe, second only to Tokyo!
Aside from its incredibly vibrant entertainment scene, Queen West also offers a number of residential options, including several row houses, condo buildings, and some detached dwellings.
Perhaps one of the more popular Toronto communities for the young professional is Liberty Village. Just a quick streetcar ride will take residents directly to the downtown core to report for duty. Liberty Village is home to a myriad of trendy and modern condo developments, many of which are also available for rent for those who are just breaking into the real estate market and are not yet ready to commit to anything just yet.
Young professionals are not only within close proximity to work, but they’ve got plenty of amenities and entertainment options at their doorstep. Plus, Liberty Village is known to be a haven for the artistic type, making it the ideal spot for creatives to settle in.
Popular both for young families with children as well as young professionals, Leslieville is a quaint suburban-like neighbourhood just east of Toronto’s downtown.
Many young hip creatives have set up shop in this community, and plenty of businesses are headquartered here as well, making it a great place to live and work. But for those who are looking for a great neighbourhood with a suburban feel to call home that’s still within close proximity to Toronto, Leslieville makes a great option.
For those who want to live right at the foot of their offices, the Financial District also offers plenty of residential options for the young professional.
But having the privilege of living and working in the same place does come at a cost, as the residences in this particular Toronto neighbourhood are relatively expensive. That said, those who have a healthy income and a thirst for an active and energetic lifestyle will find the Financial District everything they need and want.
Yonge and Finch
Conveniently located on the TTC subway line for a quick commute to the downtown core, Yonge and Finch is a popular uptown neighbourhood among young professionals. There are plenty of corporations in the area itself, offering plenty of professional employment opportunities. Otherwise, the Financial District is just a quick train ride away!
Residential options are vast, including Azura, a stunning 32-floor condominium in the heart of Yonge and Finch that offers gorgeous award-winning architectural and interior design. You’ll have the convenience of a 24-hour concierge, 4th floor amenity terrace, sustainable rainwater harvesting system used for irrigation, and even individual suite water and electricity metering. The suites themselves offer 9’ smooth-finish ceilings, as per plan, floor-to-ceiling windows, and a wide range of premium finishes.
Characterized by lovely, well-preserved and revitalized Victorian homes, Cabbagetown is home to plenty of young professionals who appreciate the close proximity to work and the downtown core as well as the amazing architecture of the buildings that decorate the area.
One particular stand-out development in the area is Daniels Artworks Tower, a fabulous condominium that’s mere steps from the Regent Park Aquatic Centre and Community Centre, a quick stroll to Leslieville, the Distillery District, Riverdale and the downtown core, and TTC at your doorstep!
The building’s amenities include everything you could possibly need to stay active and be comfortable, including a MEGA gym, indoor and outdoor CrossFit activations, arcade, kids’ zone, outdoor terrace, and a quaint pedestrian walkway with landscape features, bike parking, and bistro string lighting.
Not only can young professionals be close to all the action, but they can also benefit from the neighbourhood’s quaint cafes, eateries, and even a farm!