The Church-Yonge Corridor was considered Toronto's most fashionable suburb up until the early 1900s. Some of the most affluent families lived in this area, and the street names are the give away; Jarvis street is named after William Jarvis, the former provincial secretary of Upper Canada, Homewood Avenue is named after George Allan, and McGill Street is named after Captain John McGill.
Today there are many rental accommodations in this area, reflecting the mobility of the population. Moreover, the new condo developments are gradually changing the character of this downtown neighbourhood, making it a lot more chic. The high end boutiques on Bloor street add even more pizzazz. Aside from these high-end fashion stores, there are also trendy hops and restaurants on Church Street. Also nearby is the Eaton Centre which offers more than three hundred stores and is Toronto's largest indoor shopping mall. The Yonge-Dundas Square is Toronto's version of New York's Time Square, in this area you will find over 600 retail stores, 150 bars and restaurants, 8 hotels, and 4 theatres. The John Innes Community Centre is located at 150 Sherbourne Street which has a swimming pool, gym, running track, weight room, cardio training room, games room, and a woodworking shop and craft room. For those that prefer to be outdoors, here you will find Allan Gardens, the largest public park in the Downtown core. In this park you will find the Allan Gardens Conservatory, a botanical garden with six greenhouses that feature unusual exotic plants from all over the world. Year round events are held in this very park which includes the; spring, Easter, and fall flower shows, and a Victorian Christmas show. The Moss Park Arena is also near by which offers pleasure and power skating programs, hockey leagues and a summer hockey camp.
In terms of housing this area offers a diverse selection. The downtown Victorian houses which were built in the 1800s have been converted to commercial use and into multi family homes, you will also find a large number of fashionable townhouses built in the 1970s and 1980s. There is a variety of apartment buildings to choose from as well such as the; art-deco design walk-up apartment buildings built in the 1920s, high-rise apartment buildings from the 1950s, and the new condo apartment buildings.
According to the TREB Market watch for July 2015 the average selling price for all home types in this area stands at $498,743. The average price for the single detached home is $2,050,000. The average price for the semi-detached home is $1,450,000. Condominium town-homes are selling for the average price of $562,425, and lastly condominium apartments are selling for the average price of $456,016.