Articles

Etobicoke and Six Points - One to Watch.

Aug 01, 2017

With unrivaled transit connections a stone’s throw from the downtown core, Central Etobicoke and the Six Points district is transforming into a highly sought after neighbourhood within the GTA. The oldest communities in this area developed along Dundas Street to the south and centres around the Islington community, the former administrative centre of Etobicoke and later Etobicoke's downtown district beside the 'Six Points' intersection at its western boundary. In fact, it was recently named as one of the five top neighbourhoods to watch in 2017!

As the Etobicoke area developed in the 1800’s, low density residential areas were dotted across the previously rural district, with beautiful 19th century housing and tree-lined streets. Surrounding these neighbourhoods along the highway to both the east and west exists a mix of high-rise rental accommodation, townhouses and bungalows as is typical among suburban areas of the Greater Toronto Area. Islington, also known as Toronto’s Village of Murals”, shares the history of this area in 25 mural masterpieces by artist John Kuna spanning five blocks of the historic shopping district on Dundas Street West. The mural project, which started nine years ago in 2008, depict a cohesive history of the neighbourhood, its residents and community services, and is continually expanding to this day.

Downing Street currently has two investments in this area: 37 Advance Road and 212-216 Norseman Street, offering some of the very few remaining industrial / commercial nodes within walking distance of Toronto’s subway system as well as easy access to the GO Train. With close proximity to the Gardiner Expressway and Hwy 427, substantial parking and unrivalled access to transit, these properties offer all the conveniences of downtown spaces without the hefty price tag. The community also boasts a high-quality lifestyle, with Sherway Gardens nearby and High Park’s ponds, zoo and winding trails all a short spin away.

This area of Etobicoke is also at a pivotal point in it’s development, with a new a reconfiguration of the Six Points intersection underway, planned for completion in 2020. This redevelopment, following more than 10 years of planning, consultation, engineering, and design by the City of Toronto, will prioritize the safety of pedestrians and cyclists, with plans for wider sidewalks, trees, street furniture, and increased access to public transit. The original Six Points overpasses were completed in 1961 and were designed to maximize flow of traffic, and often referred to as a “Spaghetti Junction” however this car-centric vision is changing, and the remake of the area will make it smoother for all road users as well as unlock land for redevelopment.  The increased access to the Kipling subway station is another major improvement for the area as over the next two years this station is being expanded into a regional transit hub that will link the TTC with GO Transit trains and buses, as well as Mississauga bus lines.

This redevelopment is sure to spark major growth in the area, and as downtown real estate prices continue to soar, areas of Etobicoke such as this become an obvious place to invest.

For more information, please contact Marc Canale 
Tel: 416.248.6206 Ext. 267 
mcanale@downingstreet.com

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