Grange Park - Downtown
Cocooned in Toronto’s downtown area, Grange Park is a predominantly residential real estate market . It boasts a diverse commercial terrain synonymous with the city's Chinatown district in Kensington and home to the famous Art Gallery of Ontario (AGO).
- Area Core
- AmenitiesEaton Centre
- Commute7 mins DT
- IncomeLower Mid
Grange Park Real Estate Overview
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It is named after the public park nestled near a historical manor, The Grange, which was previously home to the AGO. The neighbourhood between Spadina and University Avenue with Queen Street East and College Street making up its south and north boundaries.
While there are three conveniently located subway stations in the community, there are also several streetcars, so residents enjoy plenty of alternative transport options.
Both the University of Toronto (UOT) and the prestigious Ontario College of Art Design (OCAD) are nearby as well, which makes the neighbourhood a popular student destination. With an abundance of shops, restaurants, art galleries, offices, and amenities in the area, residents enjoy a spirited communal vibe with practically everything at their threshold.
Who Lives In Grange Park Homes
Grange Park is home to a middle-class community who come from culturally different backgrounds. While a large number of working-class families with young kids reside here, there is also a large population of college-going students in the area because of its proximity to the OCAD and UOT.
Singles make up the largest percentage of dwellers in the neighbourhood at 49%, followed by couples and families at 31% and 20% respectively. And about 67% of the population are in the 20 to 54 years age group. In essence, the community is home to a sizeable younger demographic.
Grange Park Homes Are Perfect For
Ideally situated only 3 minutes away from the University of Toronto and the OCAD, this residential area provides the perfect backdrop for students who attend those schools.
The community is only a few minutes away from the throbbing hub of downtown Toronto. It is a perfect place for young professionals who are looking for shorter commutes to and from work.
Much for the same reason, there is also a sizeable percentage of families in the community, so the area is well suited to middle-income families, couples and singles.
Grange Park Homes Are Not So Perfect For
Most of the real estate for sale in Grange Park constitutes townhouses and apartment buildings with only a smaller percentage of detached houses in the area. So, people who are interested in more economical real estate investments, Grange Park might not be the most viable option.
Life And Style, Amenities, And Things To Do In Grange Park
Grange Park is an ideal place to live in. With a myriad of shops, eateries and recreational options including the commercial district, which is just a few minutes away, there is an abundance of services, facilities, and conveniences in and around the neighbourhood.
Wt three near by shopping districts, residents enjoys a plethora of options to suit varied needs, right at their doorstep. While Baldwin Village lies between McCaul and Beverly, Chinatown, which is encompassed by Dundas and Spadina is home to an eclectic mix of shops from grocery shops to quaint trinket stores. Plus, Queen Street West is another popular haunt which forms the backdrop for specialty boutiques, shops, art galleries, restaurants, and cafés.
Grange Park is a foodie haven too because it has a variety of restaurants that cater to a range of diverse palates from Italian to Japanese. A standout feature is the food court at the Village of Grange shopping area in Chinatown. With the distinction of being voted as the best food court in Toronto, it isn't difficult to see why residents make a beeline for this place.
Thanks to the many art galleries that dot the area, the neighbourhood is also an art aficionado’s paradise. Most notable is the AGO, spanning 583,000 square feet of space with over 80,000 stunning works of art, it is one of the country's most important cultural treasure houses.
With several exhibitions held here on the weekends, art lovers from all over the country visit the area for fun weekend getaways.
When the weather’s good, residents of the community head on over to the Grange Public Park, which underwent a revitalized facelift in July 2017. With playground facilities, an off-leash area for dogs, an idyllic carriage path that encircles the park, a splash pad and vibrant farmer's market that are both operational during the summer, there is a lot of recreational activities for people of all ages.
Even when it comes to schooling, there are a host of well-established institutions in the vicinity right from primary to post-secondary education. Between Ogden Park Junior Public School, Beverly School, The Orde Street Public School and Heyden Park Secondary Schoo, parents and younger kids in the area have good schooling options to choose from. And of course, the UOT, Braemer College and the OCAD, which is one of Toronto's leading design schools are all nearby as well, which is why Grange Park is a popular destination for growing families and couples.
Grange Park Real Estate Market
Grange Park has an eclectic mix of housing options that includes Victorian-style cottages and detached houses constructed in the 19th century. Plus there also are a significant number of townhouses, rowhouses, and quite a few apartment buildings and condominiums for sale in the area as well.
While several mansions run along Beverly Street, some homes have been converted into art galleries, shop, restaurants and multi-unit residences for rent and there a little over 7,600 addresses in the neighbourhood.
Students love the area because, in addition to being a stone's throw from the UOT and the OCAD, they also have access to affordable housing options. The average rents for bachelor, 1 and 2 bedroom units range from a little under $1000 to approximately $1,800, and that is lower than the Toronto average. Renters make up about 69% of the demographic and the remaining 31% are owners, so there are good housing options for investors.
Being an eclectic mix of everything from food to housing, Grange Park is a perfect destination for anyone looking for a vibrant neighbourhood in the heart of the downtown area. With a range of residential options to choose from and a host of services and amenities, it is no surprise that this ethnically diverse community is a popular homeowner destination.
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