New Condos in the Kingsway
The Kingsway is a very upscale neighbourhood in Etobicoke. It forms the western edge of the city and is famous for its affluent residents. The Kingsway borders Humber River on East, Mimico Creek on the West, Dundas Street to the North, and Bloor Street to the South. This neighbourhood is known for traditional and heritage homes on every street. Now, many new condos are available on The Kingsway that are attracting many young families to this secluded community.
Set in lush green surroundings of the valley formed by the Humber River, the majestic houses and the quiet streets of The Kingsway catches the attention of all visitors. Out of the thousands of homes in this neighbourhood, most are owned by long-term residents. The Kingsway has a small population with walkable spaces along Bloor Street that contains many shops, restaurants, transit, and grocery stores. The Kingsway is a paradise for those fond of outdoors activities. It has many trails at Tom Riley Park and King’s Mill Park where outdoor enthusiasts come to enjoy activities like biking, hiking, running, and rollerblading.
If anyone looks at The Kingsway as a neighbourhood for investment, you are in luck, most of the homes are detached and many new condominium opportunities are coming in the next few years. While there is an opportunity for townhouses, many residents in the area prefer to downsize in a condo. Most of the homes in Kingsway are two-storey containing 2-4 bedrooms. Median prices of these homes are expected to be over $2,000,000 and with a positive appreciation year over year. In contrast, The Kingsway’s new condo projects will normally start from the low $400,000’s which reflects a massive price advantage for new home buyers and downsizers.
Majority of new condos are constructed in prime locations on The Kingsway, Dundas & Royal York with access to schools, hospitals, churches, parks, restaurants, and shopping centres. What’s more, The Kingsway is considered a very quiet and peaceful community in sharp contrast to Bloor West Village which is noticeably more busier. If you are looking for a quiet and relaxed lifestyle, The Kingsway is a perfect neighbourhood for you.
