The Junction Property Management

The Junction sits in Toronto’s west end, centred on the intersection of Dundas Street West and Keele Street, bounded roughly by St. Clair Avenue to the north, the rail corridor to the south, Runnymede Road to the west, and Symington Avenue to the east. The neighbourhood contains heritage church conversions, mid-rise condo buildings from the past decade, and a growing pipeline of new residential construction along the Dundas West corridor. A commercial strip that spent nearly a century under a liquor prohibition has transformed into one of the city’s most active independent retail and dining destinations. Successful The Junction property management needs to take all that into consideration when working on rental and management on behalf of investors.

The neighbourhood falls under TRREB district W02 (Toronto W02) in the Toronto Regional Real Estate Board’s MLS system. Buttonwood Property Management, a Toronto property management company, has managed investment properties in The Junction since 2011. Every tenancy we manage in the neighbourhood is subject to:

• Ontario Residential Tenancies Act

• Real Estate Council of Ontario (RECO)

• Ontario Human Rights Tribunal

• Ontario Building Code

• Ontario Fire Code

• Vacant Home Tax (City of Toronto)

• CRA’s Non-resident Tax Withholding on Rental Income (NR4/NR6)

History of The Junction

The Junction began as the Village of West Toronto Junction, founded in 1884 at the convergence of four railway lines near Dundas and Keele Streets. The railways drew manufacturing: foundries, mills, furniture assembly, meat processing, and the Heintzman piano company all established operations in the area. In 1889, the village merged with the nearby communities of Carlton and Davenport to form the Town of West Toronto Junction. After a series of reincorporations, the town was annexed by the City of Toronto in 1909.

What defined The Junction for most of the twentieth century was prohibition. In 1904, the neighbourhood voted to ban alcohol sales. The ban held for 94 years, making The Junction the last dry community in Toronto. It was not lifted until 1998. The prohibition suppressed commercial investment along Dundas Street West for decades, discouraging the restaurants, bars, and cafes that sustained comparable retail strips elsewhere in the city.

When the ban ended, The Junction’s commercial strip reopened to a different era. Independent restaurants, craft breweries, galleries, and boutique retailers moved into the vacant storefronts along Dundas West. The neighbourhood’s affordable rents relative to Queen West and King West attracted the same creative-sector tenants and small business operators who had been priced out of those corridors. Residential development followed, with mid-rise condo projects arriving through the 2010s and 2020s on former industrial and commercial sites.

Residential Buildings in The Junction

The Junction’s residential inventory is defined by mid-rise construction, boutique buildings, and heritage conversions rather than the tower-dominated stock of downtown Toronto.

• Junction House (2720 Dundas Street West). A 9-storey, 173-unit building by Slate Asset Management and Globizen Developments completed in 2021. The building won “Best Innovative Suite Design” at the 39th Annual BILD Awards for its two-storey “House Collection” suites. Ground-floor retail maintains the Dundas West streetscape. Suites range from 514 to 1,699 square feet.

• The Pacific (2946 Dundas Street West). An 8-storey, 94-unit mixed-use building by Old Stonehenge and Clifton Blake, completed in 2021. Located steps from the Keele and Dundas intersection at the heart of the neighbourhood’s commercial strip.

• DUKE Condos (530 Indian Grove). A 7-storey, 92-unit building by TAS, completed in 2017. Designed by BDP Quadrangle and awarded the Award of Merit at the 2019 Toronto Urban Design Awards. Includes five live-work laneway townhomes. Suites range from 445 to 1,537 square feet.

• Junction Square Condos (410 Keele Street). A 5-storey, 65-unit building by Block Developments, completed in 2024. Designed by RAW Design with industrial-style brick masonry referencing the neighbourhood’s manufacturing heritage. Units range from 404 to 1,021 square feet.

• Stockyards District Residences (2306 St. Clair Avenue West). A 10-storey, 242-unit building by Marlin Spring Developments, completed in 2022. Located at the northern boundary near the historic stockyards site. Suites range from 408 to 1,533 square feet.

• Victoria Lofts (152 Annette Street). A 34-unit heritage conversion of the former Victoria Presbyterian Church, dating to 1885. Preserved exposed brick, cathedral windows, vaulted ceilings, and private balconies carved into the original brick arches. Turnover in buildings with this kind of architectural character tends to be low.

Buildings Under Construction in The Junction

New development in The Junction continues along Dundas Street West and the adjacent industrial corridor.

• Craft Residences (3194-3206 Dundas Street West, Toronto, ON M6P 2A3). A 9-storey, 87-unit building by Gairloch Developments and Tenblock. Construction began in February 2025 and the building was approaching its final height by early 2026. Designed by BDP Quadrangle with interior design by Mason Studio. Estimated completion in 2026.

• House of Assembly at Sterling Junction (158 Sterling Road, Toronto, ON). A 16-storey, 256-unit development by Marlin Spring Developments and Greybrook Realty Partners at the Perth and Sterling Road intersection. Pre-construction.

• 43 Junction Road (43 Junction Road, Toronto, ON M6N 1B5). A master-planned community by Diamondcorp proposing six towers ranging from 15 to 35 storeys and approximately 2,000 residential units. Pre-construction.

Each new building adds rental inventory that requires professional rental and management services from day one. For landlords purchasing pre-construction units as investments in the Greater Toronto Area, the management partner they select before occupancy will determine how the asset performs and overall returns on investment.

Market Prices: Renting and Buying in The Junction

What does it cost to rent or own in The Junction? The data from MLS activity tracked through TRREB district W02 provides a clear picture for investors evaluating yield against acquisition cost.

Rental prices. The median monthly rent in The Junction sits at approximately $1,795 for a one-bedroom and $2,600 for a two-bedroom as of early 2026. Rents have decreased approximately 1% year over year, consistent with the broader softening across Toronto’s rental market. The Junction’s rents sit below downtown core levels, reflecting the neighbourhood’s west-end location, but the gap has narrowed as demand from tenants priced out of King West and Queen West has shifted westward.

Sale prices. The average condo listing price in The Junction sits at approximately $711,000, with an average price per square foot around $772 for resale units. New pre-construction projects in the neighbourhood are priced at approximately $1,500 per square foot. For investors, The Junction offers a lower entry point than the downtown core while drawing from the same tenant pool of young professionals and creative-sector workers who value walkability and independent retail.

Current Listings Managed by Buttonwood

Buttonwood manages rental properties across The Junction’s residential buildings, from heritage loft conversions at Victoria Lofts to recently delivered condo units at Junction Square. Current availability changes throughout the year; visit the Buttonwood listings page for up-to-date inventory.

How Tenants Commute from The Junction

Walk Score data rates The Junction at 97 out of 100 for walkability (Walker’s Paradise), 76 out of 100 for transit (Excellent Transit), and 89 out of 100 for cycling (Very Bikeable).

Public transit. The 40 Junction bus runs along Dundas Street West, connecting the neighbourhood to Dundas West Station on Line 2 (Bloor-Danforth). The 41 Keele bus provides north-south service along Keele Street between Keele Station and Pioneer Village Station. Dundas West Station serves as the primary subway connection, with the adjacent Bloor GO/UP Express station providing access to the Kitchener GO line and UP Express service to Pearson Airport. A new pedestrian tunnel connecting the two stations is under construction.

Cycling. Flat terrain and dedicated bike lanes along surrounding routes contribute to The Junction’s strong cycling score. The Railpath, a multi-use trail built on a former rail corridor, runs along the southern edge of the neighbourhood and connects to the West Toronto Diamond and points south.

Driving. The Junction’s location near the intersection of Dundas and Keele provides access to St. Clair Avenue, the Gardiner Expressway via Lake Shore Boulevard, and Highway 401 via Keele Street northbound.

Schools in The Junction

Families renting in The Junction have access to TDSB schools within the neighbourhood.

Keele Street Public School (99 Mountview Avenue, JK-8) serves approximately 560 students and shares its campus with Keele Community Centre, which includes a swimming pool.

Annette Street Junior and Senior Public School (265 Annette Street, JK-8) is located in the heart of The Junction and serves the surrounding residential blocks.

Humberside Collegiate Institute (280 Quebec Avenue, Grades 9-12) has operated since 1892, originally as Toronto Junction High School. The school serves approximately 1,460 students from The Junction, Bloor West Village, Baby Point, and High Park North.

St. Joseph’s Health Centre (Unity Health Toronto, 30 The Queensway), a full-service community teaching hospital, is accessible from The Junction via Dundas West Station.

How Buttonwood Manages Properties in The Junction

Tenant screening is where outcomes are determined. The process Buttonwood uses was developed across thousands of tenancies throughout the GTA since 2011, and the result is six evictions in that entire period for non-payment of rent. These phenomenal results are driven by proprietary tenant screening processes and procedures that Buttonwood perfected over time.

Once a qualified tenant is placed, management covers rent collection, maintenance coordination, lease renewal tracking, and annual rent increase notices issued under the Ontario Residential Tenancies Act. Property owners based outside Canada benefit from our non-resident tax compliance services, including CRA withholding obligations and NR4/NR6 reporting on rental income.

The Junction’s rental market draws a mix of young professionals, creative-sector workers, and families attracted to the neighbourhood’s walkability and independent retail corridor.

Working with Junction Landlords

Landlords who own a condo unit in The Junction, whether at Junction House, a unit at DUKE Condos, or a recently delivered unit at Junction Square, are managing an asset in one of Toronto’s most actively evolving west-end neighbourhoods. The management partner they choose should reflect that.

Buttonwood delivers a value proposition that is affordable, carries the best reputation within the industry, and applies an uncommon level of expertise and ethical standard that both landlords and tenants deserve. More than 70% of our business comes through referrals.

• #1 Individual Associate – Units KW Canada 2025 – Top 5 Individuals (Keller Williams Portfolio Realty)
• Platinum Award 2024 (iPro Realty Ltd.)
• Platinum Award 2023 (iPro Realty Ltd.)
• Platinum Award 2022 (iPro Realty Ltd.)
• President’s Award 2021 (iPro Realty Ltd.)
• Platinum Award 2020 (iPro Realty Ltd.)
• President’s Award 2019 (iPro Realty Ltd.)
• Executive’s Club Award 2017 (Kingsway Real Estate Brokerage)
• 100 Percent Club Award 2016 (Kingsway Real Estate Brokerage)

Those are not marketing claims; they are measurable results over 14 plus years of rental and management services in The Greater Toronto Area.

A Neighbourhood That Rewards Careful Management

The Junction’s transformation from a dry industrial corridor to one of Toronto’s most sought-after independent retail strips has been one of the city’s most notable neighbourhood stories of the past two decades. The Dundas West commercial strip, the Stockyards retail district, and the growing residential density along Keele Street all contribute to the quality-of-life profile that draws stable, long-term renters to this neighbourhood.

Vacancy risk in The Junction is low. Tenant-selection risk is not. With large-scale projects like 43 Junction Road proposing approximately 2,000 new units, the neighbourhood’s rental inventory is set to expand significantly. That growth makes disciplined screening and consistent management more important, not less. It is the part of Junction property management that Buttonwood has spent 14 years getting right.

Our west-end portfolio extends beyond The Junction. We manage investment properties in Bloor West Village to the west, High Park to the southwest, York to the north, and Trinity Bellwoods to the east.

Contact Buttonwood to discuss management of your Junction investment property. Whether you own a heritage loft conversion or a condo unit in one of the neighbourhood’s newest buildings, we can provide a direct assessment of what your property requires.