Midtown Toronto StreetRecently, Toronto Life released their “Ultimate Neighbourhood Rankings”. In it, they compared Toronto neighbourhoods in categories of shopping, transit, entertainment, close proximity to parks, and so on. In their research, they settled on a verdict that the Yonge and Eglinton neighbourhood was the number one neighbourhood to live in. This attractive, vibrant neighbourhood is always and demand, and represents Midtown Toronto well. The allure of this part of the city has Torontonians snatching up Midtown toronto apartment rentals as soon as they become available.

Areas along Yonge street in Midtown possess all the attributes that easily completes the checklist of most prospective renters. They are all easily accessible by car and transit, there is great shopping, nightlife, entertainment, dining, and many of the other essentials that make a neighbourhood great.

While residents can take pride in their neighbourhood being ranked consistently high, there are also many great things yet to come to the bastion of midtown Toronto. Today, we will explore how shopping, transit, and living in Midtown Toronto is about to get even better.

1. The Eglinton Crosstown LRT Project

Eglinton station provides quick transport to downtown Toronto by subway, as well as several bus connections elsewhere in the city. In 2014, the average weekday would see 77,530 passengers go through the turnstiles at the subway, not counting the other several thousand who are there for the bus. With new transit upgrades on the way, there will be more people, moving more efficiently.Eglinton Crosstown construction

Metrolinx and the Ontario Government will be driving further traffic to the station with a combined investment of 5.3 billion dollars in its latest transit project. In 2021, the Eglinton Crosstown LRT will be connecting residents as far west as Mount Dennis, through the Yonge-Eglinton Centre, and straight through to Scarborough’s Kennedy Subway Station. This upgrade will make the midtown of Toronto far more accessible.

With the ability to move crosstown at a speed of 28 km/h, opposed to the Eglinton buses that travel at an average rate of 17 km/h. It will also provide residents in the Yonge and Eglinton neighbourhood quicker access to the Pearson Airport and other sections of the city.

2. Yonge-Eglinton Centre Nearing Completion

Most of the shopping in Midtown Toronto is done at the Yonge and Eglinton Centre. In it, there is a supermarket, several retailers (Reitmans, Indigo, Sephora, etc.), a food court, a Goodlife Fitness, and a Cineplex movie theatre.

Yonge-Eglinton Centre

Since just over three years ago, visitors to the mall became used to the constant construction and roped off areas. Little by little, the modernized upgrades the centre was receiving were slowly being unveiled much to the chagrin of some shoppers.

Now in 2016, the centre is almost fully complete. With the newly proposed Eglinton CrossTown LRT driving traffic right into the centre, the retailers can expect to see a much higher volume of traffic than its regular 30,000 regular daily shoppers. In anticipation, the Yonge-Eglinton Centre is getting bigger. The total complex will be 1,014,517 square feet, with 264,418 square footage being available to 70 retailers. The newly renovated shopping centre will become more spacious and modern and will include some features to look for including improved bike parking, a public stage for concerts, and a new rooftop patio for public use.

With the future of the RioCan Yonge-Eglinton centre looking so bright, it wouldn’t be a surprise to see them challenge the Eaton Centre and Yorkdale mall for Toronto’s best in the near future.

3. Lillian Park and Balliol Park Midtown Toronto Apartments

The excitement in Midtown has never been higher. The two upcoming major improvements mentioned previously, are going to attract many people to living in the Yonge and Eglinton area. The renovated shopping centre and the new Crosstown LRT are going to usher more opportunities, more restaurateurs, local businesses, stores, and other exciting new developments.

Balliol Park - Shiplake

The excitement continues with the two new upcoming apartment rentals from Shiplake Properties. The new Lillian Park location is currently in pre-construction and the Balliol Park project located just south at Davisville is becoming available to rent for the first time this summer 2016. If you’re more eager to make the move to the neighbourhood now, The Torontonian is located just to the east of the Yonge and Eglinton intersection and has limited rooms available.

All of the Midtown Toronto apartment rentals available from Shiplake feature all of the amenities you could ever need in a Toronto apartment. Close to the excitement of the city, yet also close to some of Toronto’s quiet and scenic parks and trails.

At Shiplake Properties, we are all about putting you right in the excitement. Our goal is to redefine midtown living by developing new residential communities that make the most of your time spent in Toronto. Visit our site to see floor plans, amenities, and learn more about some of our upcoming properties.