Regal Heights is a small, character filled neighbourhood situated at least fifty feet above Lake Ontario thus offering stunning city and lake views. Esther Shron, a proud resident for fifteen years, boasts that Regal Road Public School’s playground flaunts a view of the city that is truly spectacular. In my opinion, this family friendly neighborhood offers some of the best home values in central Toronto today.
Regal Road Public School offers the popular French Immersion program and, according to Fraser Institute’s school rating in the most recent five years, it ranks 7.4 to Humewood School’s 6.9 and Hillcrest School’s 6.5 in their academic standing. This is quite an accomplishment and credited partly to its supportive Parent Council who also organizes the community Spring Fair, a Halloween Movie Night and Festival of Lights potluck event.
This hilly area and its tree-lined streets adjoin Corso Italia, a neighbourhood inhabited by many descendants of Italian immigrants, imparting an Italian flair to its shops, restaurants, markets and cafes.
Enjoy authentic Italian food at Marcello’s, marvel at the produce at Diana Meat Groceries, savour the smells of the freshly baked bread at the Deleo family owned Tre Mari Bakery, relish in the comfort food at Emma’s Country Kitchen, scout the exclusive European haute couture collections at Christian Boutique meticulously chosen by the Bianco family since 1974 and enroll your children at the renowned Ontario School of Ballet nearby.
Esther Shron says “It’s a wonderful neighbourhood to raise a family. It’s walking distance to two Community Centres, Wychwood tennis courts, after school programs run by St Alban’s and Regal Road School as well as a swimming program at Winona Senior School. There are many TTC options convenient to both subway lines. Either walking or driving, you are close to everything, including two Loblaws, Fiesta Farms, 24 hour Sobey’s, No Frills and Fresh Co”.
Although the average sale price of a house in Regal Heights has gone up a whopping 24.6% when comparing Jan to Sept 2012 to the same period in 2013, it’s still much cheaper to buy a large family home here than in neighbouring Hillcrest Village or Cedarvale.
For example, we sold 23 Northcliffe in Regal Heights for $1,225,000 to our buyer. It was a totally renovated three storey five bedroom four bathroom home nestled on a 35 foot frontage with a private drive, perfect for today’s modern family.
Contrast it to 120 Everden in Cedarvale, a smaller two storey four bedroom four bathroom home on a 25 foot frontage with a mutual drive, which sold to our buyer for $1,255,000 and 1 Wellwood in Hillcrest Village, a small home in need of an addition to accommodate a family, which sold for $1,149,000 and it’s clear why Regal Heights offers good real estate value.
Buyers who recognize the merits of making Regal Heights home will be a part of a vibrant community while enjoying solid real estate values for years to come.