01/05/2015
1.Yonge & Eglinton (Y & E) is the 2nd largest fastest growing employment centre of Toronto that saw a 28% increase (4,320 jobs) in the last five years (Since 2008)
2. 8 of every 10 jobs is in an office building
3.Currently offers approx. 19,760 jobs
4.Has a 93% Walk-Score. Y&E is lined with retail, commercial and offers a high end, young and exciting lifestyle. It’s arguably one of the most sought after locations to live, work and play. The new addition of the LRT on Eglinton sets this particular area up to one day become the CENTRE of The City of Toronto. The LRT will be completed by 2020 and stretches from Kennedy Station, all the way across Eglinton to Toronto International Pearson Airport. The total distance will be 19km
5.The office sector saw a growth of 37.5% in the last five years (Since 2008) and grew 14.2% between 2012-2013. With that being said, there is a massive plan ($100 Million upgrade) that is currently taking place at the Yonge and Eglinton Centre (North West Corner)
6.Y&E ‘s average home price over the last 12 months is $665,449 while nearby North York sits at $825,470. Y&E is surrounded by some of the wealthiest, affluent and most prestigious neighborhoods in the GTA. Forest Hill, Lawrence Park, Lytton Park, Davisville, and Rosedale to name a few
7.The population has been growing steadily and is currently hovering at 65,518 (Including smaller submarkets relevant to Y&E
8.Average Household Income - $128,973 (Toronto - $87,083)
9.Population Growth from 1996-2011 is 21%
10.79% have post-secondary certificate, diploma or degree (Compared to 58% in Toronto)
11.38% of area residents are between 25-45 years of age
12.76% RENT their homes in Y&E. (Gta: 32%)