Wilson Heights: on the fast track to growthSeptember 13, 2019
If the number of new construction sites is any indication, Wilson Heights is on the fast track to becoming one of the city’s most thriving neighbourhoods. In fact, you don’t even need to count the cranes (which, according to an article in Urban Toronto, will lay the groundwork for thousands of new residents in a variety of rental, affordable, and condo unit types); you simply need to note the fact that, in 2015 Wilson Heights was earmarked for regeneration on the Toronto master plan, and it’s been growing ever since. That’s why now is the perfect time to snap up a home at Nørdic and secure your future in this exciting hub of investment, innovation, and growth.
A SMART INVESTMENT
The area around Wilson Avenue and Allen Road is home to the most ambitious collection of newly emerging master planned communities in Toronto. All four corners are slated for redevelopment, creating colourful and connected neighbourhoods where there was once empty space. Together, the municipal, provincial, and federal governments have committed more than $3 billion to the area’s regeneration, proving that Wilson Heights is a safe and smart place to invest.
A CONNECTED LOCATION
At Collecdev, we know what elements contribute to the best communities and connectivity tops the list. Nørdic sits steps from Wilson subway station and in close proximity to Yorkdale Subway Station, Sheppard West Subway Station, GO Transit, Allen Road, and the 401. That convenient access is what gives Wilson Heights such exceptional Transit Scores (Nørdic sits at 90%), and the Finch West LRT expansion (an 11-kilometre light rail transit line with 18 new stops) as well as the Toronto-York Spadina Subway Extension (connecting Downsview Station to Vaughan Metropolitan Centre) are sure to push the community even closer to a perfect score.
STRONG BUSINESS GROWTH
The community surrounding Nørdic is home to nearly 100,000 jobs with internationally recognized employers like Bombardier Aerospace, RBC Royal Bank, Humber River Hospital, Nestle, Randstad, and the TTC. The local business hubs around Dufferin, Keele, and Highway 400 are seeing, on average, double-digit employment growth, creating promising opportunities for professionals at every level and boosting the area’s already high average household income.
INNOVATION & EDUCATION
Today, over 50,000 students commute to nearby school campuses, with an average commute time of 1 hour or more, and more than 6,000 international students are in need of rental accommodation nearby. The Wilson Heights area is in high demand and students (and their parents) are willing to pay a premium for well-designed rentals that offer easy access to:
- Centennial College Downsview Campus (featuring a state-of-the-art $72M Aerospace & Innovation Hub) | 7 minute drive
- York University (Canada’s 3rd largest university) | 10 minute drive
- Seneca’s York U satellite campus | 10 minute drive
- University of Toronto | 17 minutes via TTC
- Ryerson University | 35 minutes via TTC
THE DEVELOPMENT OF DOWNSVIEW
Wilson Heights is home to Downsview Park, already a city favourite for activity, entertainment, and connecting with nature, but a number of exciting new plans will see the area reach even greater heights. The park itself has been earmarked by the federal government as a National Urban Park with an extensive network of new pedestrian and cycling trails. Downsview Lands will see an anticipated 42,000 new jobs and residences. And the Downsview Airport Redevelopment will see a 375-acre urban plot (10 times larger than Liberty Village or Concord City Place) redeveloped as a true mixed-use development, an urban renewal project of massive international scale.
Everywhere you look, growth is in high gear, from expanding transit, to parkland redevelopment, from booming educational and employment hubs, to advancing urban infrastructure. In the coming years, Wilson Heights and the surrounding neighbourhoods will see hundreds of thousands of new residents, an extraordinary collection of new condominiums and homes, and millions of additional square feet of retail and office space added. Be part of the story. Register for Nørdic today.