mardi 14 janvier 2020

Rosedale Toronto Real Estate Spotlight

Toronto is blessed with several charming neighbourhoods not far from the heart of the city where tree-lined streets, impressive property size and large stately homes preside. One of the most desirable of these neighbourhoods is Rosedale.

Nestled between Yonge and Bayview just north of Bloor, you would think it would be a bustling neighbourhood congested with traffic…it is certainly not.

Rosedale is an idyllic area where locals live in a parklike setting thanks to the Rosedale Valley. As one of Toronto’s oldest and most prestigious neighbourhoods, Rosedale is not surprisingly home to some of Canada’s wealthiest.

Real Estate in Rosedale

Other than the idyllic location, the homes of Rosedale are the area’s biggest draw. These are grand old homes that still hold the prestige and distinction of a long-gone society. The perfect mix of architectural styles range from Victorian to Georgian and Tudor to Edwardian.

For the most part, the earliest homes of the area were built in the 1860’s and development continued into the early 1930s. Toronto’s Historical Board has many of the properties in the area listed on their Inventory of Heritage Properties.

Thanks to a building boom in the area in 1912, you will also find some perfect examples of arts and crafts homes. Later architecture leans towards the modern period with work by prominent architects including Ron Thom and Barton Myers.

Because of its downtown location, there are also a selection of condominiums and co-operative/co-ownership apartment buildings. You might be surprised at the affordability of these units considering their location.

Thanks to Mary Jarvis’ daily rambles, the streets of Rosedale are winding and wide. Shaded by mature trees, the stately homes appear peaceful with lovely properties that are perfectly maintained. With the stunning backdrop of the ravines in the area, the green parkland creates a feeling of separateness from the city, offering lucky homeowners the best of both worlds.

The average home price sits at $2,108,017 with median days on market at just 18 days. Clearly despite the high price tag, these homes remain in high demand for the Toronto real estate market.

Some houses for sale in Rosedale:

You can find more listings here.

The Rosedale Lifestyle

Rosedale is a highly concentrated residential area within walking distance of everything you need. It is close to the most upscale shopping area in Toronto at Bay and Bloor with access to high-end dining as well. You have your pick of areas to frequent whether it is Yorkville, uptown shops and restaurants along Yonge, or even a trip across the Bloor viaduct to spend some time on the Danforth. Either way, you are always minutes away from all things trendy, chic, hip and happening.

Rosedale is close to both subway lines with easy access to Rosedale, Summerhill, Sherbourne, Castle Frank and Yonge-Bloor subway stations. If you drive, you are right off Yonge and just 10 minutes from the Don Valley Parkway.

One can’t forget the parks of Rosedale when considering the lifestyle of the area. Green areas include:

  • Chorley Park
  • Park Drive Reservation Lands
  • Beaumont Park
  • Craigleigh Gardens

There is also access to the cool shaded ravines of Rosedale perfect for walks that bring you closer to nature. You are also very near:

  • The Toronto Reference Library
  • Toronto Public Library branch in Yorkville
  • The Evergreen Brick Works
  • The Royal Ontario Museum

You will never be bored living in the heart of Toronto’s most desirable neighbourhood.

Schools of Rosedale

As with most upscale neighbourhoods, Rosedale is home to many of the finest schools in Toronto.

Parents can choose from a long list of private schools or enroll their children in the many highly-rated public or Catholic schools in the area. Both primary and secondary schools are available.

If you would like more information on the homes available in the prestigious Rosedale area, speak to one of our local experts today.

Where is Rosedale?

Rosedale is so close to downtown that its main crossroads are Yonge and Bloor. You can’t get more central than that. It has its own subway station just north of Bloor and is bordered by Bayview to the east and ends roughly just below St. Clair Avenue to the north. The lovely Mount Pleasant Road is one of the main roads running north-south through the area.

History of Rosedale

In the 1820’s, Mary and Sherriff William Botsford Jarvis built their estate in what would now be considered South Rosedale. The 110-acre property was purchased in 1824. Mary Jarvis named the area after the wild roses that grew naturally across the hillside of their estate. The lovely streets of Rosedale were the original horse and hiking trails marked by Mary’s daily jaunts.

The family sold their home in 1864, making way for the subdivision of South Rosedale. In 1909, the development of North Rosedale began thanks to the bridge built to connect the two areas on either side of the Park Side ravine.

This is the area where St. Andrews College and the Rosedale Golf Club were located at the time. In fact, the first Grey Cup was played at the old site of the lacrosse grounds in the area. Rosedale North and South are both designated as heritage conservation districts based on the distinct historical architecture of the homes in the area. The gardens and homes of South Rosedale will forever be preserved thanks to the efforts of the South Rosedale Ratepayers’ Association that achieved heritage status for the neighbourhood in 2003.

At the time the Glen Road Bridge was constructed in 1881, Scottish Highland shareholders registered a subdivision plan in the area called Rosedale Park. The names of the streets in the area pay homage to the principles in the development of the subdivision along with some of Ontario’s most distinguished citizens at the time. North Rosedale was completed by the early 1930s and became a heritage district in 2005.

The post Rosedale Toronto Real Estate Spotlight appeared first on Guide You Home.



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