If you’ve been considering investing in the Toronto condo market, here is an excellent new opportunity! Stockyards District Residences is a new luxury building, to be built in one of Toronto’s hottest up and coming neighbourhoods.

The Stockyards District currently has no existing condo buildings and is primed for growth with 33 zoning applications in the area, but only 4 of them for condo developments. The commercial development is key to the growth story and the Stockyards area has prime industrial space that will become future tech companies and office space.

If you’re not familiar with the Stockyards District here are just a few reasons why this is one of the most desirable neighbourhoods:

Stockyards Village Shopping Centre – Major neighbourhood revitalization recently adding over 50 new shops and restaurants including some of the largest retailers

One of Toronto’s Top Neighbourhoods – Recently ranked as one of the most desirable neighbourhoods to live in Toronto by Blog TO

Gentrification – New transit, shops and restaurants have helped revitalize the neighbourhood, with price appreciation of 17% vs 7% for the rest of Toronto, and 3% for the GTA year-over-year

Positive Cash Flow – Incredibly strong condo rental market averaging 8.09% annual growth in the W02 district over the past 5 years