Best affordable neighbourhoods in North York

  Sunday, Oct 13, 2024

North York, a diverse and vibrant area in Toronto, offers a variety of more affordable neighborhoods. While some parts of North York, like Willowdale and York Mills, are known for their high-end real estate, there are still pockets with relatively affordable housing options for renters and first-time buyers. Here are some of the best affordable neighborhoods in North York:


1. Jane and Finch

  • Description: Known for its affordability, Jane and Finch offers diverse housing options, including apartments, condos, and townhouses. It has a tight-knit community and access to transit.
  • Pros: Affordable rental prices, improving community initiatives, access to York University.
  • Cons: Area in transition with some historical concerns about safety.

2. Bathurst Manor

  • Description: Located near Sheppard Avenue West and Allen Road, this area offers mid-century homes, condos, and rentals at reasonable prices.
  • Pros: Good access to transit (Sheppard West subway station), close to Yorkdale Mall, quiet residential streets.
  • Cons: Some homes are older and may need renovation.

3. Flemingdon Park

  • Description: A multicultural neighborhood with a mix of apartment buildings and condos, known for its affordable rents and green spaces.
  • Pros: Close to the Don Valley Parkway and public transit, access to Flemingdon Park and the Science Centre, diverse community.
  • Cons: Primarily high-rise living, limited newer developments.

4. Don Valley Village

  • Description: Located near Don Mills Road and Finch Avenue, this neighborhood offers a mix of affordable condos, townhomes, and apartment rentals.
  • Pros: Close to Fairview Mall, Seneca College, and public transit (Don Mills subway station).
  • Cons: Traffic congestion along main roads.

5. Black Creek

  • Description: Adjacent to Jane and Finch, Black Creek is another affordable neighborhood with a similar housing profile, including apartments and townhomes.
  • Pros: Proximity to York University and the new Finch West LRT (under development), improving infrastructure.
  • Cons: The area is evolving, with ongoing revitalization efforts.

6. Parkway Forest

  • Description: A compact neighborhood near Don Mills and Sheppard, Parkway Forest offers a variety of rental options and condos at reasonable prices.
  • Pros: Close to Fairview Mall and Don Mills subway, access to parks and community amenities.
  • Cons: Limited single-family homes, as it is predominantly high-rise living.

7. Victoria Village

  • Description: Located on the border of North York and East York, Victoria Village offers affordable homes, including bungalows, condos, and rentals.
  • Pros: Access to the Don Valley Parkway, green spaces like Charles Sauriol Conservation Area.
  • Cons: Some homes are older and may require updates.

8. York University Heights

  • Description: Near the Keele-Finch intersection, this area offers affordable rental apartments, particularly for students attending York University.
  • Pros: Proximity to York University, transit options with the TTC subway and future LRT.
  • Cons: Mostly student-dominated population, limited detached homes.

These neighborhoods offer a mix of affordability, access to public transit, green spaces, and proximity to educational institutions. While some areas may still be developing or have challenges, they present opportunities for those looking to find budget-friendly housing options in North York.

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