Up
until the last few years, there wasn’t much new condo activity
east of Yonge Street except in the first block or two east. As the popularity
of the areas west of Yonge grew, and condo suite prices increased, land
east of Yonge looked much more attractive.
Now there are new buildings
going up on many of the major and side-streets and the momentum is building
on itself. As more residents move in and take over the streets, the
area becomes more attractive and that inspires more singles and couples
to make the move themselves.
Although some of the condo
buildings south of Front in the St Lawrence Market area have been around
since the early 1990’s, much of the new building has taken place
going north all the way up to Bloor.
Suite prices are typically
less on a per-square-foot basis than west of Yonge and there’s
lots of choice for any condominium buyer’s taste.
