Centennial Park Toronto Real Estate and Homes for Sale
Centennial Park - Etobicoke
Tucked away in the extreme western quadrant of the City of Toronto, Centennial Park is a family-friendly community blessed with lush green spaces and a variety of homes for sale.
- Area Urban
- Commute17 mins DT
| CENTENNIAL PARK REAL ESTATE - TORONTO
Centennial Park Real Estate Overview
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Bounded by the Eglinton Avenue West on the north and Burnhamthorpe Road on the south, the neighbourhood is flanked by Highway 427 and the Etobicoke River Valley on the east and west respectively. An efficient bus service that runs throughout the community provides residents with great access to both Go Transit and TTC stations.
Conveniently located, this area is only 10 minutes away from Pearson International Airport. But residents say the area isn't affected by much noise and instead provides breath-taking views from the top of the Centennial Park skiing hill.
With a large number of schools, expansive parklands, and excellent access to shopping, sporting, and recreational facilities, this is an ideal community for growing families.
Who Lives In Centennial Park
Centennial Park is an ethnically diverse and family-friendly community with residents coming from different backgrounds. Comprising 38% of the population, couples are the largest demographic in the area, followed a close second by singles at 33% and lagging not too far behind, are families at 29%. Out of the latter, those with kids tend to have one child at home, and a considerable percentage of them are younger kids. And the top 3 spoken languages in the community are English, French, and German.
While 45% of the population, constitutes a younger demographic in the age group of 20 to 54 years, seniors in the 65+ years category contribute to 23% of the population. Though the overall average income per year is a little over $90,000, 51% of the population has an average income of $50,000 to $150,000 per annum. So the neighbourhood is an inclusive melting pot of people from all ages, backgrounds and income levels.
Centennial Park Homes Are Perfect For
Unquestionably, Centennial Park is a splendid community for families to raise their children. With an abundance of educational establishments and an array of outdoor recreational activities, this Toronto suburb is ideal for those parents who want their kids to have the right balance.
With the expansive park providing a plethora of sporting activities, Centennial Park is also an outdoor enthusiast’s haven. It is ideally suited to those who want to enjoy peaceful suburban living away from the bustling commercial terrain.
Centennial Park Homes Are Not So Perfect For
Since Centennial Park community is situated a little over 22 km away from the city of Toronto, for those folks who want a shorter commute to the heart of the city, this neighbourhood isn’t the most practical of options.
Though the community has its fair share of amenities and facilities, if you are on the lookout for a more urban landscape and a vibrant nightlife, then this area won't be on your shortlist either.
Life and Style, Amenities And Things To Do In Centennial Park
The Centennial Park community is generously endowed with a plethora of both natural and modern amenities. So residents enjoy plenty of family-friendly recreational options from shopping and dining to sports and leisure activities.
While Renforth Mall is a strip plaza situated on Renforth and Rathburn, both the Centennial Park Plaza and 401 West Mall are located an easy drive of just 8 minutes away, with Tomken Plaza a little further on. There are plenty of shopping options to suit a variety of lifestyle preferences, and most are within proximity, so residents never have to travel far.
When it comes to dining Centennial Park residents are always spoilt for choice because there is an array of eateries that cater to diverse palates. Some of the popular haunts are Prince Japanese Steak House, Palmyra Mediterranean House, FiAMMA Restaurant, Burrito Caliente & Cater, Plaka Restaurant, Bravo Bistro, and Chaska.
One of the standout features of the neighbourhood is The Centennial Park. Spread across an expansive 525 acres, The Centennial Park features a plethora of recreational facilities and is home to the Ski & Snowboard Centre, a conservatory and the 3,500-seater Centennial Park Stadium. One of the most noteworthy features in the park is the Etobicoke Olympium, which is a large multi-purpose athletic centre that hosts aquafit, aerobics, and rhythmic gymnastics programs.
Centennial Park showcases an eight-lane track and field facility, a go-cart track, seven soccer fields and two cricket pitches to 5 softball diamonds, one baseball diamond, a Splash pad, playground equipment and 120 acres dedicated to pristine golf courses. It is the ideal park for a fitness enthusiast.
But outdoor fun doesn't end there. While Elmbrook Park features a large kiddies' playground and the Elmbrook Public Library, Eringate Park is home to 3 baseball diamonds, an outdoor pool, and a playground as well. Plus, both Wellsworth and Broadacre Parks have playgrounds and a baseball diamond each. So regardless of the age group or ability, there isn't a shortage of fantastic recreational options.
The education needs of the children in the areas are provided by a host of well-established public and separate schools including Briarcrest Junior School, Broadacres Junior School, Wellesworth Junior School, Nativity of Our Lord Elementary, Mill Valley Junior School, Hollycrest Middle School, and Michael Power/St. Joseph Secondary, among others.
Centennial Park Real Estate Market
Residential construction and urban development in the Centennial Park neighbourhood commenced in the 1960s, transforming the area into the neat and comfortable homeowner haven it is today. A considerable number of the Centennial Park homes for sale feature large lot sizes with private driveways and a carport or a garage.
Today, there are a little over 6,600 dwellings in the community. While a large percentage of these homes are contemporary and ranch-style bungalows and two-storey homes, there are also a fair amount of semi-detached and detached homes for sale, which have been subdivided. And the average sales price for a home in Centennial Park is a little over $920,000.
Among the residents, 51% are homeowners and the remaining 49%, renters. In 2009, the Centennial Park neighbourhood garnered the coveted blue-chip status because the area recorded some of the highest real estate gains across the whole of Canada. Since then, the prices of homes haven't declined. So whether from a homeowner or an investor point of view, real estate investments in the vicinity is a smart acquisition.
As a culturally diverse community with plenty of families, a variety of housing options and a host of conveniences and amenities, it isn’t surprising that the Centennial Park community is indicative of Toronto's suburban living at its finest.
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