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About Etobicoke

Etobicoke, recognized as the fourth-largest head office center in Canada, distinguishes itself as a vibrant business hub. Home to approximately 18,000 businesses, half of which operate in corporate, product distribution, or manufacturing sectors, Etobicoke stands as a dynamic economic powerhouse. Key industries, such as chemical, automotive parts, electronics, computers, and pharmaceuticals, collectively contribute to its robust business landscape. The real estate market in Etobicoke is undergoing significant growth, particularly evident in the development of numerous condominium towers along Bloor St. and the waterfront near Humber Bay. The central areas of Etobicoke, traditionally middle-class, are experiencing a transformation with the emergence of high-density residential projects amid expansive parks and fields, elevating the overall living experience. Investing in Etobicoke’s real estate market emerges as a strategic decision, given the recent population increase following a brief decline. Presently housing 365,143 residents, Etobicoke has evolved into a melting pot of diverse cultures and backgrounds. The average household income of $112,106 signifies a financially stable community, and with an unemployment rate of 6.3 percent, the area demonstrates economic resilience. In summary, the thriving business environment, ongoing real estate development, diverse population, and economic stability collectively position Etobicoke as an enticing destination for real estate investment.

Average Condo Prices

Price per Square Foot: The average cost per square foot for a pre-construction home in Etobicoke stands at $949.

Appreciation Rate: Over the past decade, these homes have shown an annual appreciation rate of 9.9%.

Resale Homes:

Average Resale Price: The current average resale price for homes, encompassing condos, in Etobicoke is approximately $1,132,733.

Resale Appreciation Rate: Over the last 10 years, the resale value has experienced an annual growth of 15.3%.

Rental Properties:

Average Rental Rate: Renting a home in Etobicoke carries an average cost of $1,840.

Rental Appreciation Rate: Over the previous decade, rental rates have seen an annual increase of 5.7%.

Condo Demand: Condos are highly sought after, with a low vacancy rate of 1.6%.

New Condos in Etobicoke

The Queensway, Toronto
VIP Sales

joya Condos

Joya Condos at Islington Ave & The Queensway, Toronto. With a contemporary design, strategic location, and exclusive assignment options, Joya Condos offers a unique opportunity to own a piece of the vibrant south Etobicoke region. Discover the perfect blend of affordability, convenience, and style with Joya Condos – your gateway to contemporary urban living
Construction Status: Pre-Construction Sale Type: Pre-Construction
2027
Etobicoke, Toronto
Public Sales

Kipling Station Condos

Location: 5251 Dundas Street West, Etobicoke, ON, Canada City: Etobicoke Developer: CentreCourt Developments Selling Status: Platinum Access Platinum Access Price: From $501,000 - $975,000
Construction Status: Pre-Construction Sale Type: Pre-Construction
2026
South Etobicoke, Islington-City Centre West

Blvd Q Condos

BLVD. Q Condos is situated in the distinctive and character-rich area of The Queensway and South Etobicoke, offering a unique atmosphere and ambiance. Address: 935 The Queensway, Etobicoke
Construction Status: Pre-Construction Sale Type: Pre-Construction
2026

Transportation and accessibility in Etobicoke

Exploring Etobicoke is effortlessly facilitated by a diverse range of transportation options. The presence of major highways, buses, GO trains, and the subway ensures a seamless and convenient commute for residents. Etobicoke is crisscrossed by key highways such as 27, 401, 407, 427, and the QEW, creating an ideal environment for those relying on automobile transportation.

Despite the intricate street layout characteristic of Toronto, Etobicoke stands out with exceptions like overpasses and intersections, notably Bloor/Kipling/Dundas West (Six-Points), designed to navigate planning anomalies. The area surrounding Islington subway station, situated at Bloor Street and Islington Avenue, has undergone a transformation into a vibrant transit-oriented hub, featuring street-level shops, restaurants, and new high-rise condominium projects.

The Bloor/Danforth subway line reaches its western terminus with Kipling Avenue and Dundas Street serving as its terminal depot. Islington Station serves as a transit nexus for bus routes extending into Mississauga. Etobicoke is well-connected by numerous bus routes, and future plans include an LRT line along Finch Avenue, connecting to the Yonge-University-Spadina subway line. Additionally, Etobicoke is home to four GO stations: Etobicoke North, Kipling, Long Branch, and Mimico.

Beyond Transportation, Etobicoke offers accessibility through its abundant public parks and trails. James Gardens, nestled along the lakeside of the Humber River, features a rock garden, walkways, and scenic views. Other notable parks, such as Colonel Samuel Smith Park, Humber Bay Park, and Centennial Park, provide opportunities for biking, jogging, and leisurely walks.

Looking ahead, the Bloor West corridor anticipates a surge in new condo projects from Highway 427 to the Humber River, leaving a lasting impact on the area’s development. As Etobicoke strides into the 21st century, embracing the motto “Tradition – Progress,” it remains a highly sought-after residential destination. With a plethora of new condos for sale, the current moment presents an opportune time to secure your place before they are sold out.

Why to invest in Etobicoke

Investing in Etobicoke, Toronto, offers a compelling opportunity supported by various factors:

  1. Growing Real Estate Market: Etobicoke has witnessed substantial growth in its real estate market, making it an enticing prospect for investors. The heightened demand for housing suggests the potential for property value appreciation over time.

  2. Proximity to Downtown Toronto: Positioned strategically, Etobicoke provides residents with close access to downtown Toronto. This proximity appeals to professionals and individuals seeking city amenities while enjoying a more relaxed environment outside the immediate downtown hustle.

  3. Diverse Housing Options: Etobicoke presents a diverse range of housing options, from condominiums and townhouses to detached homes. This variety caters to different preferences and budgets, attracting a broad spectrum of potential tenants or buyers.

  4. Cultural and Recreational Amenities: The area boasts cultural attractions, recreational facilities, and green spaces. Parks, museums, theaters, and community events contribute to a vibrant and engaging lifestyle for residents.

  5. Transit Connectivity: Etobicoke is well-connected through public transit, facilitating easy commuting within the neighborhood and beyond. Efficient transit options enhance the overall accessibility and appeal of the area.

  6. Educational Institutions: The presence of schools, colleges, and educational institutions enhances Etobicoke’s desirability for families. Proximity to quality education is a significant factor for those with school-aged children.

  7. Economic Opportunities: Various commercial and business districts within Etobicoke provide employment opportunities. The proximity to job centers and business districts contributes to the economic vitality of the region.

  8. Infrastructure Development: Ongoing and planned infrastructure developments, such as improved transit systems and community facilities, contribute to the long-term value and livability of Etobicoke.

  9. Quality of Life: Etobicoke offers a high quality of life by combining urban amenities with suburban tranquility. Residents can enjoy the conveniences of city living while being surrounded by parks and green spaces.

  10. Community Engagement: Etobicoke fosters a sense of community through numerous local events, farmers’ markets, and community initiatives. This community spirit enhances the overall living experience for residents.

In summary, investing in Etobicoke provides a harmonious blend of urban convenience, cultural richness, and diverse housing options. The area’s growth, connectivity, and amenities contribute to its appeal as a favorable location for real estate investment.