Category: Centennial

  • Centennial (Port Union): The Ultimate Neighbourhood Guide

    Living in Centennial (Port Union)

    Centennial (Port Union) is a neighbourhood  bound on the south by the railway and to the west by Colonel Danforth Park – a well wooded ravine valley that ushers the Highland Creek on the last leg of its journey into Lake Ontario. This area grew from Port Union, which runs along the water starting below Lawrence and extending just east of Port Union Road the Go Train station.

    This is a very lush area with a combination of linear and sweeping streets, lined with beautiful mature trees. West Centennial typically has larger more mature properties, while East Centennial is a new area with more symmetrical street layouts, newer homes (circa mid 60s to late 70s) and with some newer developments now in the North East pocket. At the southern point of this neighbourhood is nesteled older Port Union with an quaint historical flavour and some of the finest stands of pine trees in the City of Toronto. For more great information on this neighbouhood please visit the website.

    Why is Port Union Called Port Union?

    Port Union was, at one time, an actual port for shipping. It was so named because the road itself was the original dividing line between Scarborough and Pickering Townships (or where the two united). The wharf ceased to exist as the railway took away its business and cut it off from the mainland and roads. 

    History of Centennial (Port Union)

    In the 1800’s, Centennial (Port Union) was a booming waterfront village with thriving ship building and commercial fishing industries, two hotels, a commercial wharf, and a variety of small businesses. In 1856, the Grand Trunk Railway opened a station in Port Union which added to the importance of this waterfront village. By 1865, Port Union’s population had reached 100 people and it was granted its own post office. The two hotels that operated in Port Union during these boom times were said to have served “knock-em stiff” whiskey and “40 Rod Whiskey.”

    By the late 1800’s Centennial (Port Union) shipping industry had lost most of it’s business to the railway and subsequently shut down. Port Union then went into a period of decline that lasted until the late 1940’s, when the return of industry to this area sparked a residential housing boom. In the 1990’s, Port Union reclaimed its waterfront with a new housing subdivision that has helped connect this neighbourhood to its illustrious past.

    Port Union Village is now referred to as the area south of Lawrence Avenue, and surrounding, more communities grew to the north. The area is now referred to as Centennial, which makes reference to the north-south street which runs through the centre of this community. Centennial Street was named after Centennial Church, circa 1891, which still stands at the north end of Centennial Road off Kingston Road.

    First, the West portion of Centennial was settled with larger properties and homes. By the early sixties, Centennial East had also become a popular residential area with new homes being built steadily through the sixties and seventies.

    Homes in Centennial (Port Union)

    This neighbourhood features a playful mix of architectural styles with elements of English, Spanish and Swiss designs woven into the tapestry of the houses found here. Many of the houses date from the 1940’s and 50’s, and include frame cottages, ranch style bungalows, split-level homes, and two-storey houses. There are also a fair number of new, custom-designed houses here. Centennial lies to the north of Lawrence and runs East to Port Union Road.

    The western portion was the first to be developed pre 1960s with large homes on expansive properties. In the early 60’s to late 70’s the eastern part of Centennial was further developed with smaller more uniform lots and smaller homes as well. Port Union Village – a new home subdivision located south of Lawrence Avenue features a waterfront inspired collection of semi-detached and detached houses as well as townhomes. These houses feature decorative architectural accents such as sweeping front porches, second-storey front decks and whimsical turrets that are designed to take advantage of Port Union Village’s prime location overlooking Lake Ontario.

    Lifestyle in Centennial (Port Union)

    Centennial Plaza, located on the north-west corner of Port Union Road and Lawrence Avenue, features a deli and bakery, a hardware store, a video store, a flower store, a hair salon, a travel agency, professional offices, a pet store and animal clinic, a coffee shop, beer and liquor stores, restaurants, convenience stores, a medical centre, professional offices, and fast food restaurants.

    The Lawson Road Plaza is a small shopping plaza serving the daily household needs of the residents located at the north end of this neighbourhood. This plaza includes a food market, a restaurant, banks, a hair salon, a dry cleaner, and a gas station.

    Recreation in Centennial (Port Union)

    The Port Union Recreation Centre and Public Library, located at 5450 Lawrence Avenue East, is a multi-use facility that includes a fitness centre, a seniors centre, two activity rooms, and a large banquet hall.

    A public library is situated in the west wing of this centre. Colonel Danforth Park, located along the western boundary of this neighbourhood, is a deep and heavily wooded ravine valley that is popular for family picnics, bike rides, casual strolls and hikes. Access to this park is available of Beechgrove Drive just south of Lawrence Avenue, and off Old Kingston Road just to the west of Meadowvale Road. Adams Park, situated just west of Port Union Road on Lawson Road, is a popular neighbourhood landmark for families. This park contains a wading pool, a children’s playground, sports fields, baseball diamonds, flower gardens and many excellent picnic spots.

    Transportation in Centennial (Port Union)

    Bus services along Lawrence Avenue, Lawson Road and Port Union Road connect passengers to the Rouge Hill Go Train station situated on Lawrence Avenue, west of Port Union Road. The Go Train provides a connecting route to downtown Toronto’s Union Station and the Yonge-University-Spadina subway line. Motorists can quickly access the Highway 401 on-ramp off Port Union Road or Highway 2 at Kingston Road. These commuter highways usher motorists to Toronto’s business and entertainment districts.

    Be sure to check out the Centennial real estate page where we explore topics like:

    • Port Union homes for sale
    • New homes in Scarborough port union
    • Freehold townhouse for sale port union
    • Is port union a good area port union Pickering

    Click here to visit the page.

  • Houses That Sold in West Rouge – March 2023

    The real estate market in West Rouge, Centennial, and Highland Creek was active in March seeing 23 houses sold.

    Most of the selling activity was in West Rouge and Centennial. Highland Creek, with it’s high entry price into the neighbourhood, was stale in terms of sales. This may be because of continued unrealistic price expectations in the neighbourhood, homeowners wanting way more than the house is actuall worth, and would-be home buyers who are armed with knowledge and won’t buy a lump just for the sake of getting into the market.

    Spring is just around the corner, we’ve had almost a full year of price and interest rate adjustments and the market looks primed to bounce back just like it did in 2008 (and I said it would).

    Let’s take a look at what’s been happening…

    WEST ROUGE

    There were a total of 13 houses for sale in West Rouge. 10 of the houses for sale sold, 2 are sold conditionally, which leaves 1 house on the market for sale for buyers to choose from.

    Yikes. That homeowner must be wondering why theirs was the only one that didn’t sell!

    Year-over-year sold prices are down -14.84%.

    The average listing price in West Rouge was $1,082,829. The average selling price was $1,151,600, 107% of the asking price, or 6.35% higher than the listed price, and the average time it took a house to sell was 9 days.

    With only one house available, the months of inventory is 1.08 and the demand rate is .92 meaning there are approximately 8 buyers per house in West Rouge.

    West Rouge March 2023 real estate market update

    CENTENNIAL

    There were a total of 18 houses listed for sale in Centennial, and much like West Rouge, 10 of the houses for sale sold.

    Year-over-year sold prices are down -16.32%.

    The average listing price in Centennial was $1,224,290. The average selling price was $1,245,300, 102% of the asking price, or 1.72% higher than the listed price, and the average time it took a house to sell was 10 days.

    With 8 houses on the market (at the time of writing this), the months of inventory is 1.8 and the demand rate is .56 meaning there are approximately 4.5 buyers per house in Centennial.

    Centennial March 2023 real estate market update

    HIGHLAND CREEK

    In Highland Creek, there were a total of 12 houses listed for sale, but only 3 of the houses sale sold. I have toured every home that was for sale in Highland Creek and I think the listing prices put the ‘high’ in Highland Creek. Seriously, it must be the new cannabis shop there…

    The average listing price in Highland Creek was $1,145,633. The average selling price was $1,420,000, (that’s one heck of a coincidence with my listing price comment!) 124% of the asking price, or 19.3% higher than the listed price, and the average time it took a house to sell was 4 days.

    Year-over-year sold prices are down -10.9%.

    8 houses on the market in Highland Creek (at the time of writing this) will take 4.3 months to sell and the demand rate is .14 meaning there are approximately 1.25 houses per buyer.

    Highland Creek March 2023 real estate market update

    Thinking about buying or selling this year?

    What I see is a market on the rise. It’s been almost a full year since the interest rate increases and the prices have adjusted down as much as I think they’re going to be.

    Looking at the demand rate of the neighbourhoods, we can see that buyer confidence is strengthening. Buyers are not dumb. They are well-informed (maybe they know more than most agents actually) and are not interested in buying an over-priced turkey.

    Please reach out to me and let’s start the conversation about when would be a good time to buy a new home and list your home for sale.

    Download your copy of the houses that sold here.