Townhouses For Sale in New Toronto, Etobicoke

A factory town planned in 1890

A group of Toronto industrialists laid out New Toronto in 1890 as a manufacturing town, with housing and retail included. Early worker housing went up on Fifth and Sixth Streets, but residential growth was slow until after the First World War. New Toronto became a village in 1913 and a town in 1920, joined Metro Toronto in 1953 and merged into Etobicoke in 1967.

The numbered streets running north from the lake are a legacy of that planned grid.

Goodyear's closing in 1987 was a major loss of local jobs, and the neighbourhood has been in transition ever since, with the former industrial corridor gradually redeveloped. That gradual change is why townhouses here range from older units on the Goodyear site to newer infill on smaller parcels nearby. Buyers should expect some construction and change to continue along the old industrial edges.

Lakeshore Village on the old Goodyear site

For roughly seven decades the Goodyear tire works anchored New Toronto's economy, from its opening during the First World War until it shut in 1987. The land then became Lakeshore Village, a planned mix of co-op housing, condos and townhouses. Much of the area's townhouse stock is here.

The mix matters for buyers. Co-op units are generally not bought and sold like freehold or condo homes, so check each listing's tenure. For condo townhouses, read the status certificate and reserve fund study. For freehold towns on a private road, ask about any common-elements agreement.

Because these units were built together on one large site, many share similar ages and repair timelines. Comparing a few corporations in Lakeshore Village side by side can show which have kept up with maintenance and reserves, and which may face larger bills soon.

The Lakeshore Grounds and Humber's campus

The province bought a farm here in the 1880s and opened the Mimico Asylum in 1888 to relieve overcrowding in Toronto. Later renamed the Lakeshore Psychiatric Hospital, its grounds now hold Humber College's Lakeshore campus at the foot of Kipling. The Lakeshore Grounds extend from Lake Shore Boulevard West to the water and are a large open space for townhouse residents nearby.

The college brings rental demand and activity during the school year, which is worth considering if a complex is close to campus.

Streetcar yes, train station no

The 501 Queen streetcar runs along Lake Shore to downtown. GO trains pass through the north of the neighbourhood, but there's no station here; Mimico GO is the nearest, just east. Buses on routes 44, 110 and 944 connect north to Line 2.

For commuters, that means choosing between a streetcar ride downtown, a short trip to Mimico GO, or a bus to the subway. Test the route that matters to you.

Drivers reach the Gardiner and QEW via Kipling or Islington. Because there's no station in New Toronto itself, townhouses closest to the Mimico end of the neighbourhood have the easiest train access.

What New Toronto buyers often weigh

Buyers here often compare a townhouse in Lakeshore Village with an older house on the numbered streets. Townhouses are newer and lower-maintenance; houses come with land and older systems. For units on the former industrial site, ask what environmental work was done during redevelopment. Families tend to value the parks and pools near Twentieth Street, including Lakeshore Lions Arena and Gus Ryder Pool.