Corktown’s name reflects its rich cultural history as it was initially the home of new Canadians who had emigrated from Ireland’s County Cork. These new residents settled in the mid-to-late 1800s and many found work at the local breweries and brickyards.
Housing and Accommodation
Tucked away off the main streets in Corktown are some of the city’s oldest Victorian row-houses, many who were built in the 1850s. Recently, new and more relaxed zoning bylaws have enabled the conversion of a number of commercial buildings into live-work studios, condominium lofts and professional offices, which have revitalized the entire neighbourhood. Corktown is increasingly popular among young professionals who find its location convenient to Toronto’s business and entertainment districts.
JUST LISTED IN CORKTOWN
Corktown lies just south of the revitalized area of Regent Park and north of the Gardiner Expressway. Corktown’s demographic is continuing to shift towards young professionals and families who are drawn to the area’s classic and historically rich charms.
Walking through Corktown you can see the positive effects that the reshaping and investment in neighbouring Regent Park has had on the wider area, as well as the benefits from the massive West Don Development project that has revitalized an important green space. These projects are bringing thousands of new residents to this central area that will increase the prosperity of local businesses and residential investors alike.
Corktown is one of the more affordable neighbourhoods in downtown Toronto. Excellent shopping, fine restaurants, cafes and art galleries are all within walking distance of Corktown. Its proximity to both St. Lawrence Market and Toronto’s Historic Distillery District make Corktown a highly desirable neighbourhood.
After the successful development of the Pan Am Village in the West Don Lands, Corktown has become a neighbourhood to watch. Sales in this area are largely made up of condos and industrial-turned to live-work spaces, which make up about 65% of sales, followed by townhouses, which are about 16%, and 6% are the few semi-detached homes.
Corktown in home to savvy professionals who appreciate the affordability of this neighbourhood while understanding the huge benefits of a short commute to downtown Toronto.
Corktown is served by access to four major public transit routes: the 65 Parliament Bus, the 504 King Streetcar, the 501 Queen Streetcar, and the new 514 Cherry Streetcar.
For Corktown motorists, the Don Vally Parkway (DVP), the Gardiner Expressway and Lakeshore Boulevard are all easily accessible.
Area: 1km Population: 29,180
Kids: 8% Visible Minority: 20.6%
Youth: 13% Average Family Income: $203,150
Lower Education: 15% Higher Education: 31.4%
Owned Homes: 36% Tenanted Homes: 64%
- An affordable, downtown neighbourhood.
- Close to nature with Corktown Common and a number of nearby bike paths and parks.
- Easy access to the express lanes: The DVP and Gardiner Expressway are close by.
- High turnover in local businesses: new restaurants, stores and cafes seem to come and go.
- It’s a long walk…to groceries and other necessities.
- The affordability of this appealing neighbourhood may be evaporating quickly.