|
The Golden Mile
Continuing our 2026 newsletter series featuring Toronto Life Magazine’s “Twelve Neighbourhoods Destined for Great Things”, we’re highlighting another area they believe is poised for above-average growth based on transit, housing stock and overall desirability.
Next up, The Golden Mile.
North of the Danforth and east of East York, crossing over into Scarborough, The Golden Mile was once one of Canada’s first model industrial parks. These days, it is home to an emerging destination in Toronto’s food scene. The options are unpretentious, parking is abundant, and reservations are seldom required. 54% of the residents in the neighbourhoods surrounding the commercial strip are immigrants, predominantly from the Philippines, Sri Lanka, India and China. As a result, some of the best, most authentic, affordable and diverse dining spots can be found here. In addition to international dining choices, plenty of specialty grocery stores offer a wide range of ingredients such as Adonis, specializing in Middle Eastern and Mediterranean foods, Vienna Fin
Also a shopping destination, with big box stores, Eglinton Town Square, and the Golden Mile Plaza (once Canada’s largest shopping centre and at one point, visited by Queen Elizabeth II when the area was a booming manufacturing powerhouse), the area is now more connected than ever with the launch of the Eglinton Crosstown line and convenient connections to the Bloor Danforth line through Kennedy or Warden stations.
If none of the above has caught your attention yet, here’s the big reveal: the Golden Mile is currently undergoing one of the most massive urban transformations in North American history. The plan is to convert many of the open parking lots into 75 new residential towers (including rentals) and townhouse complexes, transforming the entire area into a massive mixed-use community including retail, commercial, and homes for a whopping 55,000-65,000 new residents. This “city within a city” will truly be a global neighbourhood.
Notable 2026 Sale Spotlight:
98 Howe Ave. | 3+1 bed, 3 bath Townhouse | Sold for $874,000 | E13449692
|
Post a comment