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Rosedale Neighbourhood

One of oldest suburbs of downtown Toronto, Rosedale covers the area that was formerly the estate of William Botsford Jarvis in the 1820’s. Jarvis’ wife took frequent walks around the grounds and named the area for the wild roses that grew in abundance along her route.

Today, Rosedale is touted as one of wealthiest and highly priced neighbourhoods in the county. Many of Toronto’s most established families and highest executives call Rosedale home. Built among three large ravines and a system of parklands, Rosedale’s convoluted routes make for limited vehicle traffic within its residential streets despite being located in the heart of midtown. City traffic can be only faintly heard beyond the mature trees and plentiful foliage of the neighbourhood.

Rosedale Homes

Considering Rosedale’s long-time history, it’s no wonder that many of its homes are over 100 years old, with several being designated as Ontario Heritage Properties. Developed mainly between 1860 and 1930, Victorian, Georgian, Tudor, and Edwardian mansions line the streets with large and relatively private properties providing slight separation between neighbouring lots. North Rosedale is made up almost exclusively of large, detached homes, while South Rosedale introduces a small selection of luxury condos and townhomes.

Rosedale Real Estate Market

Homes in Rosedale are among the most coveted in the country, with the price tags to match. Due to the neighbourhood’s high and relatively restrictive average price range, property turnover is not extremely frequent, and homes for sale tend to take slightly longer to find a suitable buyer. That said, Rosedale is a consistent and aspirational real estate purchase among the affluent community.

South Rosedale offers a handful of high-end condominium and co-operative buildings at a slightly lower price point than the area’s detached homes, providing an entry point into the neighbourhood or an excellent option for downsizers who want to remain in their beloved midtown locale.

Rosedale Schools

The quality of Rosedale area schools is on par with the quality of properties within the neighbourhood.

Living in Rosedale

Rosedale is considered such a prime city neighbourhood, not only for its beautiful homes and properties but also for its ideal midtown location and access to both uptown and downtown Toronto. Rosedale homes west of Mount Pleasant are within walking distance to the Yonge Street shops of Rosedale and Summerhill, while homes east of Mount Pleasant enjoy a small shopping area at the north end of the neighbourhood on Summerhill Avenue.

Green space is never in short supply, with various parks, parkettes and ravines. Rosedale Park (at Schofield Avenue) boasts eight tennis courts, a sports field, an artificial ice surface and a wading pool. Ramsden Park (on Yonge Street) similarly features four tennis courts, an artificial ice surface and a wading pool of its own.

Access points throughout the neighbourhood lead to the area’s three ravines (David Balfour Park, Moore Park, and Rosedale Valley).

The community also tends to congregate at popular Mooredale House, which offers year round camps and programming for children and adults. ‘Mayfair’ (occurring annually on the first Saturday in May) is a much-anticipated and attended event each year.

Neighbourhood institutions include; bustling coffee spot, Café Doria; the old CP Railway station turned Summerhill LCBO; a strip of fine foods shops nicknamed ‘The Five Thieves’; and local favourite, Summerhill Market.

Rosedale Area Transportation

Regular TTC bus service runs along Yonge Street, South Drive, Crescent Road, Glen Road, Summerhill Avenue, Maclennan Avenue, Highland Avenue and Elm Avenue, all connecting to Rosedale subways station on the Yonge-University-Spadina line.

5 minute drive to Don Valley Parkway

5 minute drive to Bloor Street shopping

10 minute drive to downtown Toronto

*Courtesy of Chestnut Park Real Estate Limited, Brokerage