Over the last several years, Toronto real estate has proven to be a great investment, providing significant ROI for those who chose to purchase property in the GTA. But like anywhere else in the country, there are some places in Toronto that are simply better for investors than others. In this article we are going to discuss the neighbourhood of Leaside and why it should be on your short-list if you are looking for your next real estate investment in Toronto.
The neighbourhood of Leaside is named after William Lea and his family who were the first family to settle in the area in the 19th century. Leaside is located near Eglinton Avenue East and Bayview Avenue, just northeast of downtown Toronto. Today, the neighbourhood is among the most exclusive in Toronto.
Leaside offers many amenities which makes it in particularly high demand with upper middle-class families.
Shopping and Dining
Leaside offers a selection of excellent shopping and dining venues. In fact, Sunnybrook Plaza which is located on the corner of Eglinton Avenue East and Bayview, was one of the first shopping centres in Toronto. The neighbourhood is also a hot spot for foodies with Bayview Avenue alone bursting with popular restaurants featuring an eclectic choice of foods from every corner of the globe.
If you are raising a family, Leaside is also a great spot to ensure your children get an excellent education. Schools in Leaside include Northlea Elementary and Middle School which offers both French and English programs from JK to Grade 8, Rolph Elementary School, and Leaside High School.
Green Space and Recreation
Leaside also offers abundant recreational facilities including Leaside Memorial Gardens which includes a large auditorium, curling rink and indoor swimming pool as well as Leaside Tennis club, where you can practice your serve on one of their six tennis courts.
Or if you prefer, you and your family can use some of Leaside’s ample green space for picnicking, hiking or cross-country skiing. Among the neighbourhood’s many parks are Serena Gundy Park, Trace Manes Park and Howard Talbot Park.
World Class Healthcare Facilities
Leaside is also home to Sunnybrook Hospital. This facility which started out as a veterans’ hospital is now an internationally recognized teaching hospital that is affiliated with the University of Toronto. Also, in Leaside, you will find Holland Bloorview Kids Rehabilitation Hospital and Toronto Rehabilitation Institute Lyndhurst Centre as well as a host of retirement living and nursing care facilities.
For all of these reasons and more, real estate in Leaside is extremely competitive and never stays on the market for very long. Investors will find that Leaside offers a variety of property types ranging from quaint mid-century homes to modern detached bungalows complete with smart home features and gadgets.
If you are looking to make your next home in Leaside, we would love to help. Contact us today and let us help you find your ideal Leaside property.