Crescent Town Real Estate, Toronto

Crescent Town neighbourhood in Toronto. Popular communities include Danforth Village East York, Danforth, Woodbine Corridor, Woodbine Lumsden, Oakridge.

Crescent Town has 27 homes on the market. Of the 23298 total properties listed in Toronto, Crescent Town makes up just 0.1%. The average asking price of a property in Crescent Town is $987,827, with an estimated mortgage of $3,346 per month. That is 1.5 times less of the average asking price of $1,462,381 in Toronto. Properties listed in Crescent Town are an average of 527 square feet, with 1.9 beds and 1.6 baths. Crescent Town has 40.7% apartments relative to all the other listings in this neighbourhood.

Crescent Town Neighbourhood Guide

Crescent Town is a neighbourhood in the former East York borough of Toronto. It is positioned near Victoria Park Avenue and Danforth Avenue. This community consists of mainly high-rise apartment buildings. These complexes were originally constructed to take advantage of the opening of the adjoining Victoria Park subway station, which links to the central quadrangle via a partly covered walkway.

Real estate in Crescent Town can be found within a self contained community of roughly ten thousand people nestled away in a woods-like setting in the east Don Valley Parklands.

This community is an interesting experiment in neighbourhood planning since all of its pedestrian walkways are situated above the street level. These walkways safely guide Crescent Town residents to their own local school, recreation centre, market place and town hall.

The Taylor Creek Park is conveniently positioned at the north end of Crescent Town. This extensive and narrow valley is densely wooded and is ideal for walking, bird watching as well as photography. Taylor Creek Park also has a well-liked exercise trail and several picnic sites. The access point to the park is situated off Dawes Road.

Homes

Condos for sale in Crescent Town like the buildings at Massey Square are sometimes listed on the MLS. A majority of the residential towers in the neighbourhood are rental apartments like Crescent Place or stacked condo townhouses. High and low-rise apartment buildings are also available within the community.

Crescent Town is a multicultural area, whose inhabitants include high numbers of Bengali, Jamaican, Pakistani, and Tamil Canadians. There are many Bangladeshi-owned businesses within close proximity to the neighbourhood, especially on Victoria Park-Danforth.

What is great about this community is that everything residents might need is easily accessible. There are many shopping opportunities and amenities as well as entertainment attractions and recreational fun that can be found in Crescent Town.

History

The history of Crescent Town is interesting since it can trace its roots back to 1887 when Walter Massey bought a 240 acre country estate positioned around Dawes Road and Victoria Park Avenue.

The Massey farm was dubbed Detonia after Mrs. Massey's family whose surname was Denton. The Massey farm sold fresh eggs, poultry and fresh trout which were caught in the numerous creeks and streams that surrounded the farm. The Massey farm was also the place of the City Dairy Company which manufactured the first pasteurized milk in Canada.

In 1933, Susan Massey openhandedly gave forty acres of Detonia to Crescent School where her grandsons were taught. Crescent School operated at Detonia until 1969 when this land was sold to the developers who purchased the present day Crescent Town neighbourhood.

Transportation

MLS listings may note that most errands can be accomplished on foot in Crescent Town.

The residents in this area can access the Victoria Park subway station on the Bloor-Danforth subway line through an internal pedestrian walkway that links directly to the Victoria Park station. The Dawes Road and Victoria Park buses also link to this station.

Danforth Avenue is the major arterial roadway in this region. Danforth Avenue comes to an end at the Bloor Street Viaduct which links motorists into the downtown core.

Retail and Schools

Crescent Town real estate agents will inform potential buyers that the neighbourhood has its own "Market Place" situated in a concourse strolling area in the centre of the neighbourhood. The Market Place includes medical and professional offices, a neighbourhood restaurant, a grocery store, a variety store, a bank, a drug store, a dry cleaner and a hair salon.

Crescent Town residents are also within walking distance to the busy shopping quarter on Danforth Avenue which includes Shoppers World at the corner of Danforth and Victoria Park Avenues.

An amenity of living within the neighbourhood is the close proximity to Detonia Park Golf Course on the east side of Victoria Park Avenue. This beautiful eighteen hole golf course is rated as fairly difficult by the Metropolitan Toronto Parks Department. Dentonia Park Golf Course (781 Victoria Park Avenue) is a public golf course which is less than a one-minute walk from the Victoria Park subway station.

Entertainment

Entertainment attractions in this community include the Crescent Town Hall, which takes up the ground floor of building number five. It is the social hub of this community that contains a library, a church, and meeting rooms for a variety of clubs and social purposes.

The Crescent Town Club (2A The Market Place) is a contemporary multi - recreational complex including a full size gymnasium, 25 metre swimming pool, an indoor track, squash, racquetball and handball courts. The Crescent Town Club also serves as a community centre and offers numerous programs for children, teens, adults, and seniors. Taylor Creek Park is expediently situated at the north edge of the Crescent Town community.