High Park Property Management

Located in the west wing of Toronto, is a neighbourhood rich in culture, diversity, and nature. A place where the streets are lined with rare oak trees, and the homes resemble the charm of the early 19th century.

High Park North, as some may call it, is an area with a diverse ecological background, ample local restaurants, bars, coffee shops, and other family fun activities. The neighbourhood is more commonly known for the park which it borders, one of Toronto’s most well-preserved natural parks right on the banks of Lake Ontario.

The neighbourhood, which gets its name from the park, accommodates residents from every type of background. The neighbors here are young working professionals, small to medium-sized families, and a scattering of retired residents.

High Park truly has some exceptional charm, and it’s why so many have now called this community their home. The neighbourhood is the picture-perfect combination of city and suburbia, right on the shore of Lake Ontario, making it a notable part of the real estate market.

Information on High Park Neighbourhood

A lot can be said about the history of the area, but one has to visit in order to experience it first hand. The houses are a blend of 1800 Tudor, Edwardian, and 19000 Victorian-style homes. Although rich in historical architecture, these buildings now provide needed housing to the residents of High Park.

For some part, these homes make up a chunk of the area’s charm. There is a big concentration of local merchants and businesses, organic produce markets, the proximity to Bloor West Village makes it easy to visit a variety of foreign shops, restaurants, and bars over a weekend.

Of course, for those who want to experience nature a bit better, High Park has an almost endless list of outdoor activities and recreational facilities. Fishing ponds, tennis courts, flower gardens, picnic areas, and sporting fields. These are just a few of the best spots frequented by the residents of High Park, Roncesvalles, and Swansea.

Nothing can quite match the beauty and tranquility that High Park has to offer. It boasts opportunities for investors and developers alike, as most of the area has become popular for younger individuals who are looking for the perfect home close to the city and in a range with large green parks and amenities. Property management services are also in high demand to maintain the quality and value of these homes.

Overview of the Neighbourhood

High Park is a charming and diverse neighbourhood located in the west wing of Toronto, Canada. It is a vibrant community rich in culture, diversity, and nature, offering a unique blend of city and suburban life. The streets are lined with rare oak trees and early 19th-century-style homes, adding to the area’s historical charm. High Park borders one of Toronto’s most well-preserved natural parks, providing residents with ample green space and recreational opportunities. The neighbourhood accommodates a wide range of residents, including young professionals, families, and retirees, making it a dynamic and inclusive community.

Walk Score

Seeing as the area is located so close to some popular attractions and a 400-acre park with numerous public amenities, a majority of the neighbourhood is largely walkable, as High Park has a total walk score of 74, making it the 41st most walkable neighbourhood in Toronto.

Public Transportation

Getting around without a car is quite easy as one has a wide variety of transit options to choose from. Bus lines 41, 80, 89, and 941 serve the area, with most of the bus stops located on Annette Street.

There’s also train line UP, and Subway line 2, with subway stations located on Keele Street and Dundas West. Finally, you can also make use of Streetcars 501 and 506 to access adjacent neighbourhoods.

Bike Score

With more than 21,239 residents living in the area, the average bike score of High Park is 74. As a large majority of residents are quite young, most of the bike around to their favorite spots, work, and recreational facilities. 

School District Ratings

There’s also a small enclave of families that reside here, which makes educational facilities and schools high in demand. Average ratings of schools here vary between 6.8 and 7.4.

Some of the most popular schools include Garden Avenue Public School, Annette Street Public School, Keele Street Public School, Howard Public School, and Runnymede Junior & Senior Public School.

Average Rent and Sale Prices

Seeing as the neighbourhood has become relatively popular among younger residents, the housing market for apartments is currently in high demand. A one-bedroom apartment rents for CAD 1,750 per month, while a two-bedroom can go for CAD 2,650 per month. Studio apartments can go for anything between CAD 1,450 and CAD 1,650 per month, with a 4% increase in rental prices in the last few months.

Larger, more family-style dwellings are quite popular as well, with the average selling price of CAD 1.3 million, being available for around 13 days on the market. There has been a 17.4% yearly change to real estate prices, and the area has seen in one month, home prices soar by more than 11.5%.

Anything from a two-bedroom detached house, to a five-bedroom detached house, will cost between CAD 1.2 million or CAD 1.7 million respectively.

Investing in High Park

Both commercial and residential property investments are in high demand. With a lot of retail and commercial spaces currently available, investors will be glad to hear that some commercial spaces can go for quite cheap. 

Small retail spaces range between CAD 699,000 to CAD 1.2 million. There are of course large industrial and warehouse-sized commercial spaces available with a median price of CAD 5.6 million and higher. For those who want to own a piece of retail space in popular and high-traffic areas, prices can average between CAD 2.6 million and CAD 3.8 million. 

On the other side, residential property is quite hard to come by, especially if you’re an investor. Popular and modern condos such as The Address at High Park is one of a few condo apartment buildings that draw in a lot of investors. 

There are a few pre-development investment opportunities currently available, but those can be hard to come by, as young individuals are quick to snag those opportunities. 

Market Trends and Growth Potential

The High Park neighbourhood is experiencing a surge in popularity, driven by its natural beauty, cultural diversity, and proximity to amenities. This has led to a strong demand for rental properties, particularly apartments, with a limited supply available. Young professionals and families are increasingly drawn to the area, making it an attractive location for property owners and investors. The rental market is robust, and the growing interest in investment opportunities highlights the neighbourhood’s potential for significant returns. High Park’s appeal continues to grow, making it a prime area for those looking to capitalize on the thriving real estate market.

Buttonwood Property Management

While it may be difficult to find the perfect home or retail shop in High Park, Buttonwood, a property management company, works towards excellence. Helping to create opportunities for any family or individual, and lending a helping hand to investors who want to own a piece of the charming High Park neighbourhood.

Expertise and Experience

Our management team boasts extensive experience in the High Park real estate market, with a deep understanding of local rental trends and a proven track record of success. We have cultivated a strong network of contacts and possess thorough knowledge of the area, enabling us to provide expert advice and guidance to property owners and investors. Our team is dedicated to delivering exceptional service, ensuring that our clients achieve the best possible returns on their investments. With our expertise, we help clients navigate the complexities of the market and make informed decisions that align with their investment goals.

Property Management Solutions

We offer a comprehensive range of property management solutions tailored to meet the needs of property owners and investors in the High Park area. Our services are designed to maximize the value of your property and ensure a seamless management experience. From tenant screening to property maintenance, we handle all aspects of property management with professionalism and care. Our goal is to provide property owners with peace of mind, knowing that their investments are in capable hands. Whether you own a single apartment or multiple rental properties, our team is equipped to manage your assets efficiently and effectively.

Leasing and Marketing Services

Our leasing and marketing services are crafted to attract good tenants and maximize rental income. We employ a variety of marketing strategies, including online advertising, social media, and local listings, to promote properties effectively. Our team is skilled in screening potential tenants, ensuring that only the most reliable and responsible individuals are selected. We also nxegotiate leases to secure the best possible terms for our clients. By leveraging our expertise in marketing and tenant relations, we help property owners achieve optimal occupancy rates and rental income.

Maximizing Rental Income and Minimizing Vacancy

We understand the critical importance of maximizing rental income and minimizing vacancy rates. Our team collaborates closely with property owners to determine the optimal rental price for their properties, taking into account market trends and property conditions. We provide regular market updates and offer advice on property improvements that can attract higher-paying tenants. Our comprehensive approach includes rent collection, accounting, property maintenance, tenant screening, lease negotiation, and market analysis. Our commitment is to ensure that our clients receive the highest possible returns on their investments while providing a safe and comfortable living environment for their tenants.

Our team is dedicated to building long-term relationships with our clients, offering the expertise and support needed to succeed in the High Park real estate market. We strive to deliver exceptional service and results, making us the trusted choice for property management in High Park.