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PLANIT Real Estate
Brokerage
44 Upjohn Road
Toronto, ON M3B 2W1

416.951.0110

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New Toronto Real Estate

Neighbourhood Profiles

New Toronto

Map of the New Toronto area, Toronto

New Toronto is located along Toronto's western beaches. It is a neighbourhood in transition as the industrial corridor located at the north end of the neighbourhood has recently been converted to residential zoning. Industry is gradually moving out of New Toronto and plans are underway for new home developments in this part of the neighbourhood.

At present New Toronto is home to residents from a wide mix of cultures and incomes and includes a large seniors population. Some of the selling features of this neighbourhood are the bicycle trail, convenient TTC and Go Transit service, affordable homes and quick access to downtown Toronto via Lake Shore Boulevard.

HISTORY


New Toronto's history dates back to the 1890's when it was planned as a working town. This plan became a reality in 1906 when the Grand Trunk Railway opened repair shops, a roundhouse and a freight yard in New Toronto. The railway attracted industry to New Toronto. The areas largest employer was the Goodyear Tire and Rubber Company which established a plant here in 1917.

New Toronto's rapid growth led to its incorporation as a Town in 1920. Frank Longstaff, in Villages of Etobicoke, recalls that during this period of prosperity, New Toronto touted itself as having the "highest value of manufacturing per square mile in North America." Thanks to this strong industrial base New Toronto was able to maintain one of the lowest residential tax rates in the Toronto area throughout much of its history.

In 1967, New Toronto was amalgamated with the former Township of Etobicoke, however it never lost its sense of identity as a working class town. Now, in the 1990's, the local industry is gradually being replaced with new home developments which are attracting more professional people to this neighbourhood.

New Toronto, Toronto


**The Toronto neighbourhood text profiles, sketches and maps displayed on this web site were originally published in “Your Guide to Toronto Neighbourhoods”, are &$169; Maple Tree Publishing Inc. and have been reproduced by Toronto Real Estate Board under license.

 

PLANIT Real Estate Inc.
Brokerage

44 Upjohn Road, Toronto, ON M3B 2W1

Tel: 416-951-0110  Fax: 416-628-6860  Toll: 1-855-951-0111



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