Victoria Village

Victoria Village in Toronto is currently in a buyer's market with more supply than demand. Buyers have stronger negotiating power and listings tend to sit longer.

The average sale price in Victoria Village is $545,775, with an average price per square foot of $566. See the full Toronto market report for city-wide trends.

Beginning as farmland, Victoria Village remained rural until the 1950s, when investors led by an MP named Robert Henry McGregor — if you immediately thought of a loud Irishman who fights people for a living, no, they’re probably not related — purchased the land, and the neighbourhood was constructed.In modern day, this middle class North York neighbourhood is home to a diverse population of well-educated residents, most of whom live in apartments. Those interested in detached houses have options; bungalows, split levels, and some 2-storey houses. Prices are still affordable — by GTA standards — and the neighbourhood has attracted many young professionals and growing families.Victoria Village condos are by far the most affordable homes in the neighbourhood, and there’s plenty of choices, with over a dozen buildings and more on the horizon. Residents have dining and shopping on Lawrence Ave, and additional restaurants and retail stores just east of the neighbourhood on Eglinton Ave. As well, there’s offices, athletic clubs, and service based businesses just south of Lawrence.In keeping with the family theme, residents have several schools in the neighbourhood, and a massive conservation area; Charles Sauriol Conservation Area has walking trails with stunning views and nearby parks. If you’re a first-time home buyer trying to crack the market, Victoria Village condos are a great choice; condos in the neighbourhood have generous floor plans — there are many 1 bedroom units over 800 square feet — and prices can be shockingly low.There’s also a nice variety of styles; low-rises, mid-rises, high-rises, and townhomes. Those who favour amenities can go for a unit in a modern mid-rise like Paradise at The Oasis, and get an extensive list of extras to go with their new condo. Likewise, buyers who want privacy might opt for Victoria Village Townhomes, which have modest extras but a very private living environment.The majority of Victoria Village condos are located near Victoria Park Ave, which places residents on transit lines and within walking distance of a small number of restaurants. Victoria Village has a 71 Walk Score — allowing for some errands to be completed on foot. The neighbourhood also has decent public transit; there are bus routes on all major roads, with a few stops on residential streets — but a lack of subway stations or GO Transit could be a let down for some.As is often the case in North York — driver’s have it easy. The Don Valley Parkway sits on the western boundary of the neighbourhood, granting a quick commute for those who work in downtown Toronto.