2011/07/18


SOUTH RIVERDALE POCKET GETS ULTRA MODERN FREEHOLDS





Urbancorp has barely launched its development on Queen East (three sites- South Riverdale (aka Riverside), Leslieville, Beaches) and already they have almost sold out.
This  was predominantly from word of mouth sales.

Most impressive is the South Riverdale neighborhood development- Here Urbancorp managed to snag some land in a private pocket in south Riverdale (aka Riverside) that has been one of the east ends greatest hidden secrets. It is flanked by a cul-de-sac and Victorian homes, reminiscent of Toronto’s Cabbagetown. For decades this little pocket was hidden in obscurity with little fanfare, a lot of appeal and huge demand from savvy buyers trying to get in.  Now Urbancorp has proposed 44 new homes on the site of the elusive St. Ann’s Catholic School.

What is the appeal, you ask, for this particular site?
1) Quiet streets with Victorian and Edwardian architecture- this site is slated to become a Heritage Neighborhood in the next few years
2) A rare cul-de-sac (Howie Avenue) giving this downtown neighborhood some advantages of suburban life
3) Flanked by the famous Degrassi Street
4) Located ‘Riverside’ which is home to several outstanding Heritage buildings and some of the best historic architecture in Toronto’s east end
5) A ‘real’ neighborhood minutes from downtown, historic Riverside, Riverdale, Corktown, Leslieville, and central access to highways and TTC routes
6) Unusually quiet and cozy streets- only a few steps from the most gentrified parts of Queen East
7) A neighborhood of families, parkettes and hidden streets where kids and pets can play without the fear of traffic

The good news?? This cul-de-sac neighborhood is a harder to find (than the other proposed sites) and therefore there is a higher probability that there are ‘some’ houses still left for prospective buyers.

read more at Urbancorp

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