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New Listings in Old Town, Toronto

New Listings in Old Town, Toronto

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Old Town Market

Use our home price trends to better gauge local market conditions and plan your next move. The graphs below show benchmark or average prices of homes sold in the area. Data generated by MLS® Systems and the MLS® Home Price Index (HPI) — Canada’s most advanced tool to gauge local home price levels and trends.
Year over year
Past 10 years
Market Price (CAD)
$934,600
Difference over last year (%)
-4.6

Old Town

Old Town is a neighbourhood within Toronto, Ontario, which is situated in the Greater Toronto Area metropolitan area.

Transportation

Old Town affords property owners the choice between various modes of transportation. The public transit network in this area is very convenient owing to plenty of nearby rapid transit stations with access to the Line 1 (Yonge-University), and about 20 nearby bus lines. Home buyers who value living in a walkable community will also welcome the particularly pedestrian-friendly character of Old Town; most daily needs are very convenient to carry out without the use of a car, and a variety of businesses are particularly close at hand. A good number of residents in the area use their bike as bike-share stations are seldomly more than a few blocks away, and the bicycling network is fairly extensive.

Services

Property owners in Old Town will be pleased to learn that a general and a specialty grocery store is always only a very short walk away. Likewise, those who are fond of dining out won't have to travel far in Old Town, where over 300 restaurants and over 50 coffee shops are available. It is also especially convenient to reach a number of clothing stores without a car, for example along Front Street. Regarding education, families will find that no matter where their home is situated in Old Town, schools and daycares are nearby.

Character

No matter what type of character home buyers prefer in a neighbourhood, Old Town is a good option. There are a very large number of things to do in this neighbourhood to check out. There is a vast selection of entertainment venues, the streets are usually busy with people, and with its approximately 30 bars, there are options for nighttime activities. Old Town is reasonably quiet, as the streets are usually quite peaceful. There is a very small amount of greenery in this area; although, the majority of locations in the neighbourhood have fairly good access to public green spaces, like Allan Gardens, since there are over 50 of them nearby for residents to explore.

Housing

A majority of the housing growth in Old Town has happened following the year 2000. In this neighbourhood, about 90% of dwellings are large apartment buildings, and the remaining dwellings are mainly small apartment buildings. Around 55% of the properties in the neighbourhood are occupied by homeowners and 45% are rented. However this area is particularly good for those looking for one bedroom homes.