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    Rizwan Wali

    BROKER, MBA, SRS, PSA

    RE/MAX Aboutowne Realty Corp., Brokerage

    EXPECT EXCEPTIONAL

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      Rizwan Wali

      BROKER, MBA, SRS, PSA

      RE/MAX Aboutowne Realty Corp., Brokerage

      EXPECT EXCEPTIONAL

      Located on the western edge of downtown Toronto, along Lake Ontario, Parkdale was founded as an independent settlement within York County in the 1850s. It became an incorporated village in 1879 and joined Toronto in 1889. It was a summer haven for the wealthy until the Gardiner Expressway was built, cutting the stately homes off from the water and causing an exodus. Those large homes were subdivided and became rental units and boarding homes. Today, there are about 21,000 residents living in the South Parkdale neighbourhood of Toronto, which includes the area on the far western edge of the Old City of Toronto, south of Queen Street West and north of Lake Ontario. According to the City of Toronto, South Parkdale stretches east to about Hanna Avenue in Liberty Village. South Parkdale is made up largely of rental units, however the residents are increasingly being converted back into single family homes, which rarely sell from under $800,000. The main strip of South Parkdale is trendy Queen Street West, which is home to a high concentration of bars and restaurants.

      (Image from Sunnyside Postcard.)

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