In its early days, Riverside was a mostly working class neighbourhood, with many of the residents employed by the nearby railway or one of the local market gardens. Some of the original cottages from this era still exist today. After Riverside Village officially joined the City of Toronto in the 1880s, many of the beautiful Victorian and Edwardian homes that now line the streets were built, which brought a new prosperity to the area.
Housing and Accommodation
With its close proximity to the downtown core, Riverside is remarkably affordable by Toronto standards. There are a variety of condominium living options available here ranging from trendy hard and soft lofts to condominium townhomes. Most of the houses in this neighbourhood are designated as Heritage Homes and feature Victorian, Second Empire or Edwardian architecture. The older semi-detached and attached townhomes are quite narrow and generally do not include off street parking.
JUST LISTED IN RIVERSIDE
Riverside includes some of Toronto’s most remarkable century-old buildings that provide a perfect backdrop for the many shops and restaurants that have recently sprung up in the area. Some might describe the area as Bohemian, due to the eclectic and artsy businesses along Queen Street and the mingling of people from all walks of life. Riverside is a neighbourhood that has drawn on its history as the impetus for a new era of prosperity and growth. The beautification of the neighbourhood is attributed to the Riverside Business Improvement Area, and a renewed pride of ownership in the community is evident in the area’s award-winning revitalization projects that include façade restorations and new pedestrian lighting.
When you are in Riverside it is hard to imagine you’re just a hop, skip, and a jump away from downtown Toronto. The railway corridor and the Don Valley that border this neighbourhood have resulted in a tightly knit community within a well defined area. Some notable neighbourhood landmarks are the New Broadview Hotel, Ralph Thornton Community Centre, The Opera House, Jimmy Simpson Park and Recreation Centre, Toronto’s East Chinatown, the recently revitalized Don Mount Court/Rivertowne mixed income public housing development, and De Grassi Street of television and Drake fame. While largely filmed elsewhere the vibe of the show De Grassi originated in this area and many exterior shots were filmed there.
Riverside, nestled between Leslieville and Corktown, is growing in popularity and remains an attractive neighbourhood in terms of real estate prices. Seeing the potential of the neighbourhood, developers are actively building condos and lofts in the area. The beautiful Broadview Lofts were one of the earliest in the area, and some newer buildings offer very attractively priced one- and two-bedroom units. These options are great for first-time buyers and young professionals who like the neighbourhood vibe while being close to downtown. If it’s a house you’re seeking, there is a small selection of fully detached houses that rarely hit the market, along with some older semi-detached and attached row houses that are more common, but can be quite narrow.
This is a culturally diverse area filled with young professionals and creative types.
This neighbourhood has easy access to the Gardiner Expressway, DVP and Lakeshore Boulevard.
The 65 Parliament and 75 Sherbourne busses connect you to the Bloor/Danforth subway. A brief walk to Union Station, connects you to the city’s main Subway Line heading east up Yonge or West up University. Also from Union you are connected to the 510 Spadina Streetcar and to GO Transit’s various commuter bus and train lines.
Area: 10km Population: 25,640
Kids: 13% Visible Minority: 47.8%
Youth: 11% Average Family Income: $75,333
Lower Education: 44.7% Higher Education: 6.4%
Owned Homes: 51% Tenanted Homes: 49%
- “Affordable” semi and detached homes
- Gives a small-neighbourhood vibe
- Easy access to the Gardiner Expressway and the Don Valley Parkway.
- Pockets of underdeveloped areas still exist.
- Only a small selection of fully detached homes.
- Hipsterville East: you have been warned.