Building overview
502 Eastern Avenue is a residential building located in Toronto, Ontario. Built in 1989, the structure comprises a total of 19 registered units. Its design is typical of late 20th-century architecture, reflecting the urban growth and development trends of that period. While specific architectural details were not confirmed, the building generally features a brick facade with residential elements catering to a diverse population. The building is positioned in a way that utilizes the available lot effectively, providing residents with optimal living space in an urban setting.
Neighbourhood
The building is situated in a vibrant part of Toronto, characterized by a mix of residential, commercial, and cultural elements. The neighborhood is known for its proximity to various parks and recreational areas, making it an attractive option for individuals and families alike. The surrounding area has experienced significant growth and revitalization over the past few years, leading to an influx of new businesses and amenities. This development has enriched the community dynamic and attracted a diverse demographic, including young professionals and families.
As part of Ward 14, the area is well-served by various municipal services and community programs. The neighborhood boasts a mix of historical and contemporary architecture, underscoring its appeal and livability. Proximity to local attractions and essential services makes it a desirable location for residents.
Transit and access
502 Eastern Avenue benefits from a well-connected public transit system in Toronto. Nearby transit options include bus routes, streetcar services, and access to the subway, offering convenient travel across the city. Major roadways are also accessible, providing routes for personal vehicle commuting. This connectivity facilitates easy access to downtown Toronto and surrounding neighborhoods, enhancing the overall convenience for residents.
Additionally, the area is pedestrian-friendly, promoting walking and cycling. This approach aligns with Toronto's urban development goals, which emphasize sustainable transportation options.
Nearby amenities
Residents of 502 Eastern Avenue have access to a range of amenities and services in the vicinity. Grocery stores, coffee shops, restaurants, and local boutiques are within walking distance, catering to everyday needs and leisure activities. Parks and recreational facilities are also nearby, providing green space for outdoor activities, community gatherings, and family outings.
Cultural institutions, including art galleries and theaters, contribute to the vibrant atmosphere of the neighborhood, ensuring that residents can engage with cultural offerings without venturing far from home. Local schools and healthcare facilities further enhance the community's livability, making it an attractive prospect for families.
Rental considerations
While specific rental prices for units at 502 Eastern Avenue were not publicly confirmed, potential tenants should consider the general market trends in the area. The neighborhood's desirability and access to amenities can influence rental costs. Prospective renters may find various unit sizes and configurations, as is often the case in residential buildings of this scale.
Additionally, prospective tenants may wish to explore the management structure and lease requirements associated with the property. Understanding regulations regarding pets, guest policies, and maintenance could impact the rental experience. Given the building's established presence since 1989, residents can benefit from historical knowledge about the property, adding to the overall understanding of living in this area.