When considering homes for sale in Toronto's Alexandra Park area, you first have to decide on a condo or house as that will dictate which part of the neighourhood to search within.

The neighbourhood has two sections. The first is the newer area near Kensington and Chinatown which is dedicated to the Atkinson Housing Cooperative, providing partially-subsidized housing across an 18-acre site. The area is currently undergoing a massive, 10-15 year long revitalization project led by the Toronto Community Housing Corporation. Many of the older housing units are being torn down and replaced by new townhouses and condos and new streets are being created to open up the area.

One of the most anticipated new condo buildings is the SQ by Tridel at Spadina and Queen.

The second area lies to the south of the neighbourhood. This is the older part of Alexandra Park which consists largely of townhouses and freehold row houses from the late 1800’s. There are however some semi-detached houses and bungalows from the 1920’s to 1930’s as well.

Here, with a bit of watching and waiting, you can find Toronto homes for sale for less than nearby neighbourhoods north of Dundas. But you're rolling the dice on the neighbourhood revitalization being as successful as its contemporary in Regent Park and early signs aren't pointing to the same level of positive change.

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