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Rosedale-Moore Park
Discovering Rosedale-Moore Park: A Guide to Living in One of Toronto’s Most Charming Neighbourhoods Rosedale-Moore Park is a charming neighborhood located in the heart of Toronto, Ontario. It is situated just north of downtown Toronto and is bordered by the Don Valley to the east, Yonge Street to the west, Bloor Street to the south, and St. Clair Avenue to the north. The neighborhood is known for its tree-lined streets, beautiful homes, and proximity to some of the city’s best parks and green spaces. In this article, we will explore the real estate market in Rosedale-Moore Park, highlight some of the neighborhood’s top features, and provide insights for those considering buying or investing in this area. Real Estate Market in Rosedale-Moore Park Rosedale-Moore Park is a highly sought-after neighborhood in Toronto’s real estate market. It is a high-end residential neighborhood that boasts some of the most expensive properties in the city. In this section, we will provide a detailed analysis of the current real estate market in Rosedale-Moore Park, including average housing prices, trends, and types of properties available. Overview of the current real estate market in Rosedale-Moore Park: The real estate market in Rosedale-Moore Park has remained stable and continues to be a seller’s market. The number of properties sold in 2021 decreased by 4.6% compared to the previous year, but the average selling price increased by 6.2% to $4.6 million. This trend is expected to continue into 2022 and 2023, with prices projected to increase by 5-7% per year. The demand for luxury homes in Rosedale-Moore Park has remained strong, with buyers attracted to the neighborhood’s high-end properties, prestigious schools, and proximity to downtown Toronto. The COVID-19 pandemic has also contributed to the increase in demand for homes in Rosedale-Moore Park, with many buyers seeking larger homes with more outdoor space. Average housing prices and trends: The average price of a home in Rosedale-Moore Park is among the highest in Toronto. As of 2022, the average selling price of a detached home in the neighborhood is $6.5 million, while the average selling price of a semi-detached home is $2.9 million. The average selling price of a condominium in Rosedale-Moore Park is $1.8 million. In terms of trends, the real estate market in Rosedale-Moore Park has seen a steady increase in housing prices over the past few years. In 2019, the average selling price of a detached home was $5.5 million, which increased to $6.1 million in 2020 and $6.5 million in 2021. The average selling price of a semi-detached home has also increased from $2.4 million in 2019 to $2.7 million in 2021. Types of properties available: Rosedale-Moore Park offers a mix of historic homes, modern condominiums, and luxury estates. The majority of the homes in this neighborhood are single-family homes, with some high-rise condominiums located along Yonge Street. The most common types of properties available in Rosedale-Moore Park are detached homes and semi-detached homes. Detached homes in Rosedale-Moore Park are typically large and spacious, with multiple bedrooms and bathrooms. Many of these homes are historic properties that have been updated with modern amenities, such as gourmet kitchens, home theaters, and spa-like bathrooms. Semi-detached homes in Rosedale-Moore Park are also highly sought-after and offer a more affordable option for those looking to buy in the neighborhood. In terms of condominiums, Rosedale-Moore Park offers a variety of options, including high-rise buildings and low-rise townhouses. Many of these properties offer luxurious amenities, such as concierge services, fitness centers, and rooftop patios. Overall, the real estate market in Rosedale-Moore Park is highly competitive, with limited inventory and high demand from buyers. The neighborhood’s high-end properties and proximity to downtown Toronto make it an attractive option for those looking to invest in real estate. Neighbourhood Highlights Rosedale-Moore Park is a charming and affluent neighborhood that offers its residents a unique blend of urban living and natural beauty. Here are some of the top highlights of the neighborhood: Community events and festivals: Rosedale Main Street Festival: This annual festival celebrates the local community with live music, food vendors, and a variety of family-friendly activities. Rosedale Fall Festival: This festival takes place every September and features a pumpkin carving contest, a petting zoo, and a farmer’s market. Parks and green spaces: Rosedale Park: This park is one of the largest in the neighborhood and features multiple sports fields, tennis courts, and a playground. Moore Park Ravine: This natural oasis is a popular spot for hiking and bird watching, and features several trails and lookout points. Chorley Park: This park offers stunning views of the city skyline and is a popular spot for picnics and events. Restaurants, bars, and cafes: Black Camel: This sandwich shop is a neighborhood favorite, known for its slow-roasted beef and pulled pork sandwiches. Terroni: This upscale Italian restaurant features an extensive wine list and a menu of classic pasta dishes and wood-fired pizzas. Boxcar Social: This cozy cafe and bar serves up a selection of craft beers and specialty coffees. Schools and educational institutions: Whitney Junior Public School: This elementary school is known for its strong academic programs and focus on community involvement. Branksome Hall: This all-girls private school offers a rigorous academic program and a range of extracurricular activities. University of Toronto: This prestigious university is one of Canada’s top academic institutions, offering a wide range of undergraduate and graduate programs. Job Market in Rosedale-Moore Park Rosedale-Moore Park is home to several major companies, including TD Bank Group, Manulife Financial, and Hudson’s Bay Company. The neighborhood is also well-connected to Toronto’s downtown core, making it easy to commute to other parts of the city for work. Overview of the job market in Rosedale-Moore Park and Toronto: Toronto is home to a diverse range of industries, including finance, technology, and healthcare. The job market in Toronto has remained strong despite the challenges posed by the COVID-19 pandemic, with unemployment rates dropping from 10.7% in August 2020 to 6.9% in August 2021. Rosedale-Moore Park is home to several major companies, including: TD Bank Group: This Canadian multinational bank has its headquarters located in Toronto and employs over 85,000 people worldwide. Manulife Financial: This global financial services company offers a range of insurance and investment products and employs over 37,000 people worldwide. Hudson’s Bay Company: This Canadian retail company operates several department store chains, including Hudson’s Bay and Saks Fifth Avenue. Overall, Rosedale-Moore Park offers its residents a unique combination of natural beauty, community events, and access to job opportunities in some of Toronto’s top industries. While the real estate market in this neighborhood remains one of the most expensive in Toronto, the stable market trends and steady price increases suggest that investing in Rosedale-Moore Park could be a smart long-term investment. Transportation and Accessibility Rosedale-Moore Park is one of the most accessible neighborhoods in Toronto, with several transportation options available to residents. The neighborhood is well-connected to Toronto’s public transportation network, making it easy to commute to other parts of the city. Here are some of the key transportation options available in Rosedale-Moore Park: Access to public transportation: The neighborhood has several subway stations located within walking distance, including Rosedale Station, Summerhill Station, and Davisville Station. These stations provide easy access to other parts of the city, including the downtown core, financial district, and entertainment districts. In addition to the subway, Rosedale-Moore Park is also served by several bus routes and streetcar lines, providing convenient access to other parts of the city. Major highways and roads: Rosedale-Moore Park is located near several major highways and roads, including the Don Valley Parkway (DVP) and Yonge Street. The DVP is a major highway that connects the city’s northern suburbs to downtown Toronto, making it easy to commute to other parts of the city. Yonge Street is one of Toronto’s busiest streets, running north-south through the city and connecting several neighborhoods, including Rosedale-Moore Park. Bike lanes and walkability: Rosedale-Moore Park is a walkable neighborhood with several bike lanes and pedestrian-friendly streets. The neighborhood is known for its tree-lined streets and beautiful homes, making it a great place for a leisurely walk or bike ride. The nearby Beltline Trail is a popular walking and cycling path that stretches through several Toronto neighborhoods, including Rosedale-Moore Park. In recent years, there has been an increased focus on making Toronto a more bike-friendly city, with several new bike lanes and cycling infrastructure projects in the works. This is good news for residents of Rosedale-Moore Park, who will have even more options for cycling and walking in the future. Some Accessibility Analysis of Rosedale-Moore Park: The accessibility of Rosedale-Moore Park has made it a highly desirable neighborhood, with strong demand for housing and stable real estate prices. According to the Toronto Regional Real Estate Board (TRREB), the average price of a home in Rosedale-Moore Park was $4,714,080 in January 2022, a 7.9% increase compared to the previous year. The neighborhood has a mix of historic homes, modern condominiums, and luxury estates, with the majority of the homes being single-family homes. The availability of public transportation, major highways, and bike lanes in Rosedale-Moore Park has made it an attractive option for both homebuyers and investors. The neighborhood’s accessibility has also made it a popular location for businesses, with several major companies located in the area. Overall, the accessibility of Rosedale-Moore Park has contributed to its strong real estate market and desirability. The neighborhood’s proximity to public transportation, major highways, and bike lanes make it easy to commute to other parts of the city, while its walkability and green spaces make it a pleasant place to live. As Toronto continues to focus on making the city more accessible, Rosedale-Moore Park is likely to remain a highly desirable neighborhood for years to come. Factors to Consider When Buying or Investing in Rosedale-Moore Park Investing in Rosedale-Moore Park can be a great option for those looking for a high-end neighborhood with a strong real estate market. However, there are several factors to consider before making a purchase, including affordability and budget considerations, the type of property and investment goals, local zoning and regulations, and neighborhood trends and future developments. Affordability and budget considerations: Rosedale-Moore Park is one of the most expensive neighborhoods in Toronto, with an average home price of $3.5 million. This can make it difficult for some buyers to afford a home in the area, especially those on a tight budget. However, there are still opportunities for buyers to find affordable homes in Rosedale-Moore Park. For example, some older homes in the area may be more affordable than newer builds or renovated properties. Additionally, buyers can consider purchasing a condominium or townhouse instead of a single-family home, which may be more affordable. It is important for buyers to carefully consider their budget and affordability when purchasing a home in Rosedale-Moore Park, to avoid stretching themselves too thin financially. Type of property and investment goals: When considering buying or investing in Rosedale-Moore Park, it is important to think about the type of property and investment goals. Single-family homes in the area tend to be more expensive, but they may also offer more potential for long-term appreciation and rental income. Condominiums and townhouses may be more affordable, but may also have lower appreciation potential. Buyers should also consider their investment goals when purchasing in Rosedale-Moore Park. For example, if they plan to rent out the property, they should consider the rental market in the area and the potential for rental income. They should also think about their long-term goals, such as whether they plan to sell the property in the future or hold onto it as a long-term investment. Local zoning and regulations: Before investing in Rosedale-Moore Park, it is important to understand the local zoning and regulations. This can impact the type of property that can be built or renovated in the area, as well as the potential for future development. The City of Toronto has specific zoning bylaws that dictate how land can be used and developed. Buyers should consult with a real estate lawyer or city planner to understand the zoning in the area and how it may impact their investment. Neighborhood trends and future developments: Finally, it is important to consider the neighborhood trends and future developments when investing in Rosedale-Moore Park. This can impact the potential for long-term appreciation and rental income. Currently, the real estate market in Rosedale-Moore Park is strong, with prices increasing steadily over the past few years. According to the Toronto Regional Real Estate Board, the average price of a home in Rosedale-Moore Park increased by 20.6% in 2021 compared to the previous year. There are also several new developments in the area that may impact the real estate market in the future. For example, the redevelopment of the former Imperial Oil site on St. Clair Avenue is expected to bring new residential and commercial developments to the area. Buyers should stay informed about neighborhood trends and future developments to make informed investment decisions in Rosedale-Moore Park. Overall, investing in Rosedale-Moore Park can be a great option for those looking for a high-end neighborhood with a strong real estate market. However, buyers should carefully consider affordability and budget considerations, the type of property and investment goals, local zoning and regulations, and neighborhood trends and future developments before making a purchase. Conclusion Rosedale-Moore Park is a beautiful and affluent neighborhood in the heart of Toronto, offering its residents a blend of urban living and natural beauty. The real estate market in the neighborhood is highly competitive, with limited inventory and high demand from buyers, making it a seller’s market. The neighborhood’s high-end properties and proximity to downtown Toronto make it an attractive option for those looking to invest in real estate. Rosedale-Moore Park boasts a mix of historic homes, modern condominiums, and luxury estates, with detached and semi-detached homes being the most common types of properties available. The average selling price of a detached home in the neighborhood is $6.5 million, while the average selling price of a semi-detached home is $2.9 million, and the average selling price of a condominium is $1.8 million. Additionally, the neighborhood offers a variety of community events and festivals, parks and green spaces, restaurants, bars, and cafes, as well as reputable schools and educational institutions.
Discovering Rosedale-Moore Park: A Guide to Living in One of Toronto’s Most Charming Neighbourhoods
Rosedale-Moore Park is a charming neighborhood located in the heart of Toronto, Ontario. It is situated just north of downtown Toronto and is bordered by the Don Valley to the east, Yonge Street to the west, Bloor Street to the south, and St. Clair Avenue to the north. The neighborhood is known for its tree-lined streets, beautiful homes, and proximity to some of the city’s best parks and green spaces. In this article, we will explore the real estate market in Rosedale-Moore Park, highlight some of the neighborhood’s top features, and provide insights for those considering buying or investing in this area.
Real Estate Market in Rosedale-Moore Park
Rosedale-Moore Park is a highly sought-after neighborhood in Toronto’s real estate market. It is a high-end residential neighborhood that boasts some of the most expensive properties in the city. In this section, we will provide a detailed analysis of the current real estate market in Rosedale-Moore Park, including average housing prices, trends, and types of properties available.
Overview of the current real estate market in Rosedale-Moore Park:
The real estate market in Rosedale-Moore Park has remained stable and continues to be a seller’s market. The number of properties sold in 2021 decreased by 4.6% compared to the previous year, but the average selling price increased by 6.2% to $4.6 million. This trend is expected to continue into 2022 and 2023, with prices projected to increase by 5-7% per year.
The demand for luxury homes in Rosedale-Moore Park has remained strong, with buyers attracted to the neighborhood’s high-end properties, prestigious schools, and proximity to downtown Toronto. The COVID-19 pandemic has also contributed to the increase in demand for homes in Rosedale-Moore Park, with many buyers seeking larger homes with more outdoor space.
Average housing prices and trends:
The average price of a home in Rosedale-Moore Park is among the highest in Toronto. As of 2022, the average selling price of a detached home in the neighborhood is $6.5 million, while the average selling price of a semi-detached home is $2.9 million. The average selling price of a condominium in Rosedale-Moore Park is $1.8 million.
In terms of trends, the real estate market in Rosedale-Moore Park has seen a steady increase in housing prices over the past few years. In 2019, the average selling price of a detached home was $5.5 million, which increased to $6.1 million in 2020 and $6.5 million in 2021. The average selling price of a semi-detached home has also increased from $2.4 million in 2019 to $2.7 million in 2021.
Types of properties available:
Rosedale-Moore Park offers a mix of historic homes, modern condominiums, and luxury estates. The majority of the homes in this neighborhood are single-family homes, with some high-rise condominiums located along Yonge Street. The most common types of properties available in Rosedale-Moore Park are detached homes and semi-detached homes.
Detached homes in Rosedale-Moore Park are typically large and spacious, with multiple bedrooms and bathrooms. Many of these homes are historic properties that have been updated with modern amenities, such as gourmet kitchens, home theaters, and spa-like bathrooms. Semi-detached homes in Rosedale-Moore Park are also highly sought-after and offer a more affordable option for those looking to buy in the neighborhood.
In terms of condominiums, Rosedale-Moore Park offers a variety of options, including high-rise buildings and low-rise townhouses. Many of these properties offer luxurious amenities, such as concierge services, fitness centers, and rooftop patios.
Overall, the real estate market in Rosedale-Moore Park is highly competitive, with limited inventory and high demand from buyers. The neighborhood’s high-end properties and proximity to downtown Toronto make it an attractive option for those looking to invest in real estate.
Neighbourhood Highlights
Rosedale-Moore Park is a charming and affluent neighborhood that offers its residents a unique blend of urban living and natural beauty. Here are some of the top highlights of the neighborhood:
Community events and festivals:
- Rosedale Main Street Festival: This annual festival celebrates the local community with live music, food vendors, and a variety of family-friendly activities.
- Rosedale Fall Festival: This festival takes place every September and features a pumpkin carving contest, a petting zoo, and a farmer’s market.
Parks and green spaces:
- Rosedale Park: This park is one of the largest in the neighborhood and features multiple sports fields, tennis courts, and a playground.
- Moore Park Ravine: This natural oasis is a popular spot for hiking and bird watching, and features several trails and lookout points.
- Chorley Park: This park offers stunning views of the city skyline and is a popular spot for picnics and events.
Restaurants, bars, and cafes:
- Black Camel: This sandwich shop is a neighborhood favorite, known for its slow-roasted beef and pulled pork sandwiches.
- Terroni: This upscale Italian restaurant features an extensive wine list and a menu of classic pasta dishes and wood-fired pizzas.
- Boxcar Social: This cozy cafe and bar serves up a selection of craft beers and specialty coffees.
Schools and educational institutions:
- Whitney Junior Public School: This elementary school is known for its strong academic programs and focus on community involvement.
- Branksome Hall: This all-girls private school offers a rigorous academic program and a range of extracurricular activities.
- University of Toronto: This prestigious university is one of Canada’s top academic institutions, offering a wide range of undergraduate and graduate programs.
Job Market in Rosedale-Moore Park
Rosedale-Moore Park is home to several major companies, including TD Bank Group, Manulife Financial, and Hudson’s Bay Company. The neighborhood is also well-connected to Toronto’s downtown core, making it easy to commute to other parts of the city for work.
Overview of the job market in Rosedale-Moore Park and Toronto:
Toronto is home to a diverse range of industries, including finance, technology, and healthcare. The job market in Toronto has remained strong despite the challenges posed by the COVID-19 pandemic, with unemployment rates dropping from 10.7% in August 2020 to 6.9% in August 2021.
Rosedale-Moore Park is home to several major companies, including:
- TD Bank Group: This Canadian multinational bank has its headquarters located in Toronto and employs over 85,000 people worldwide.
- Manulife Financial: This global financial services company offers a range of insurance and investment products and employs over 37,000 people worldwide.
- Hudson’s Bay Company: This Canadian retail company operates several department store chains, including Hudson’s Bay and Saks Fifth Avenue.
Overall, Rosedale-Moore Park offers its residents a unique combination of natural beauty, community events, and access to job opportunities in some of Toronto’s top industries. While the real estate market in this neighborhood remains one of the most expensive in Toronto, the stable market trends and steady price increases suggest that investing in Rosedale-Moore Park could be a smart long-term investment.
Transportation and Accessibility
Rosedale-Moore Park is one of the most accessible neighborhoods in Toronto, with several transportation options available to residents. The neighborhood is well-connected to Toronto’s public transportation network, making it easy to commute to other parts of the city. Here are some of the key transportation options available in Rosedale-Moore Park:
Access to public transportation:
The neighborhood has several subway stations located within walking distance, including Rosedale Station, Summerhill Station, and Davisville Station. These stations provide easy access to other parts of the city, including the downtown core, financial district, and entertainment districts. In addition to the subway, Rosedale-Moore Park is also served by several bus routes and streetcar lines, providing convenient access to other parts of the city.
Major highways and roads:
Rosedale-Moore Park is located near several major highways and roads, including the Don Valley Parkway (DVP) and Yonge Street. The DVP is a major highway that connects the city’s northern suburbs to downtown Toronto, making it easy to commute to other parts of the city. Yonge Street is one of Toronto’s busiest streets, running north-south through the city and connecting several neighborhoods, including Rosedale-Moore Park.
Bike lanes and walkability:
Rosedale-Moore Park is a walkable neighborhood with several bike lanes and pedestrian-friendly streets. The neighborhood is known for its tree-lined streets and beautiful homes, making it a great place for a leisurely walk or bike ride. The nearby Beltline Trail is a popular walking and cycling path that stretches through several Toronto neighborhoods, including Rosedale-Moore Park.
In recent years, there has been an increased focus on making Toronto a more bike-friendly city, with several new bike lanes and cycling infrastructure projects in the works. This is good news for residents of Rosedale-Moore Park, who will have even more options for cycling and walking in the future.
Some Accessibility Analysis of Rosedale-Moore Park:
The accessibility of Rosedale-Moore Park has made it a highly desirable neighborhood, with strong demand for housing and stable real estate prices. According to the Toronto Regional Real Estate Board (TRREB), the average price of a home in Rosedale-Moore Park was $4,714,080 in January 2022, a 7.9% increase compared to the previous year. The neighborhood has a mix of historic homes, modern condominiums, and luxury estates, with the majority of the homes being single-family homes.
The availability of public transportation, major highways, and bike lanes in Rosedale-Moore Park has made it an attractive option for both homebuyers and investors. The neighborhood’s accessibility has also made it a popular location for businesses, with several major companies located in the area.
Overall, the accessibility of Rosedale-Moore Park has contributed to its strong real estate market and desirability. The neighborhood’s proximity to public transportation, major highways, and bike lanes make it easy to commute to other parts of the city, while its walkability and green spaces make it a pleasant place to live. As Toronto continues to focus on making the city more accessible, Rosedale-Moore Park is likely to remain a highly desirable neighborhood for years to come.
Factors to Consider When Buying or Investing in Rosedale-Moore Park
Investing in Rosedale-Moore Park can be a great option for those looking for a high-end neighborhood with a strong real estate market. However, there are several factors to consider before making a purchase, including affordability and budget considerations, the type of property and investment goals, local zoning and regulations, and neighborhood trends and future developments.
Affordability and budget considerations:
Rosedale-Moore Park is one of the most expensive neighborhoods in Toronto, with an average home price of $3.5 million. This can make it difficult for some buyers to afford a home in the area, especially those on a tight budget.
However, there are still opportunities for buyers to find affordable homes in Rosedale-Moore Park. For example, some older homes in the area may be more affordable than newer builds or renovated properties. Additionally, buyers can consider purchasing a condominium or townhouse instead of a single-family home, which may be more affordable.
It is important for buyers to carefully consider their budget and affordability when purchasing a home in Rosedale-Moore Park, to avoid stretching themselves too thin financially.
Type of property and investment goals:
When considering buying or investing in Rosedale-Moore Park, it is important to think about the type of property and investment goals. Single-family homes in the area tend to be more expensive, but they may also offer more potential for long-term appreciation and rental income. Condominiums and townhouses may be more affordable, but may also have lower appreciation potential.
Buyers should also consider their investment goals when purchasing in Rosedale-Moore Park. For example, if they plan to rent out the property, they should consider the rental market in the area and the potential for rental income. They should also think about their long-term goals, such as whether they plan to sell the property in the future or hold onto it as a long-term investment.
Local zoning and regulations:
Before investing in Rosedale-Moore Park, it is important to understand the local zoning and regulations. This can impact the type of property that can be built or renovated in the area, as well as the potential for future development.
The City of Toronto has specific zoning bylaws that dictate how land can be used and developed. Buyers should consult with a real estate lawyer or city planner to understand the zoning in the area and how it may impact their investment.
Neighborhood trends and future developments:
Finally, it is important to consider the neighborhood trends and future developments when investing in Rosedale-Moore Park. This can impact the potential for long-term appreciation and rental income.
Currently, the real estate market in Rosedale-Moore Park is strong, with prices increasing steadily over the past few years. According to the Toronto Regional Real Estate Board, the average price of a home in Rosedale-Moore Park increased by 20.6% in 2021 compared to the previous year.
There are also several new developments in the area that may impact the real estate market in the future. For example, the redevelopment of the former Imperial Oil site on St. Clair Avenue is expected to bring new residential and commercial developments to the area.
Buyers should stay informed about neighborhood trends and future developments to make informed investment decisions in Rosedale-Moore Park.
Overall, investing in Rosedale-Moore Park can be a great option for those looking for a high-end neighborhood with a strong real estate market. However, buyers should carefully consider affordability and budget considerations, the type of property and investment goals, local zoning and regulations, and neighborhood trends and future developments before making a purchase.
Conclusion
Rosedale-Moore Park is a beautiful and affluent neighborhood in the heart of Toronto, offering its residents a blend of urban living and natural beauty. The real estate market in the neighborhood is highly competitive, with limited inventory and high demand from buyers, making it a seller’s market. The neighborhood’s high-end properties and proximity to downtown Toronto make it an attractive option for those looking to invest in real estate. Rosedale-Moore Park boasts a mix of historic homes, modern condominiums, and luxury estates, with detached and semi-detached homes being the most common types of properties available. The average selling price of a detached home in the neighborhood is $6.5 million, while the average selling price of a semi-detached home is $2.9 million, and the average selling price of a condominium is $1.8 million. Additionally, the neighborhood offers a variety of community events and festivals, parks and green spaces, restaurants, bars, and cafes, as well as reputable schools and educational institutions.
