New Condos Islington City Centre
Islington City Centre is a beautiful neighbourhood at the centre of old city of Etobicoke close to downtown Toronto. It is surrounded by Rathburn Road in the north, Bloor Street on the south, Islington Avenue on the south, and Highway 427 on its west. Islington City Centre not only has townhouses, condominiums, and single-family homes but also big commercial establishments in its midst. This charming community is family friendly and famous for its wide open green spaces. It has many recreational facilities including parks and trails for families to have loads of fun.
Islington is a community dominated by condos when it comes to its real estate market. New condos on Islington constitute 72% of total sales while 24% sales here is that of detached houses. With young families being the largest type of household in Islington, two-bedroom condos are most popular. Median home prices here are $736,201 which reflects an increase of 32% from prices last year. In contrast, median condo prices are $444,304. Therefore, there is such a strong demand for new condos Islington City Centre.
Nearly 61% of the households are those that live in own homes while 39% of the households are renters. Population of this neighbourhood is 38,084 and median household income is $125,035. This population is increasing all the time and new condos in Islington Village are coming up to cater to the requirements of these families.
Residents of Islington City Centre find it easy to commute to other parts of the city using TTC with bus services available at railway stations of Kipling Avenue and Islington Avenue. Residents using their own cars also find it easy to move because of major roads like Gardiner Expressway and Highways 401 and 427.
For those fond of shopping, Islington City Centre is like a paradise. Not only does it have SmartCentre but also Home Depot, Best Buy, and Walmart Super Centre. The neighbourhood also boasts of an Ikea store.
More and more new condos Islington City Centre are being constructed on vacant industrial land. The overall landscape of the neighbourhood is slowly getting dominated by these high-rise buildings. Some places where one can see these condo projects going on are Bloor Street West, Kipling Avenue, and Dundas Street West. These builders are also providing many shopping and dining facilities to their residents. If you compare prices of condos here with adjacent areas, you will find that Islington City Centre is a perfect neighbourhood to buy a home for your family.