Starbucks Coming Soon To Danforth and Monarch Park – Episode #197

There is a Starbucks coming soon to the transitioning neighbourhood on Danforth between Coxwell and Greenwood! This is BIG news for investors, residents, buyers and sellers.

As we are all aware, Starbucks does a lot of homework and research on where they will open up their stores. This section of the Danforth has been known in the past as “no man’s land” and over the last several years has been going through positive changes especially with businesses. Real estate values have been slower than other prime locations near by, but over the last few years new and existing property owners have really stepped up and have been renovating their homes and cleaning up. Pride of ownership is starting to show and the area in general is reflecting these changes. These are definitely some of the trends that Starbucks can see on this section of the Danforth.

We all know what happened at Queen Street East and Logan Ave when Starbucks opened 7 or 8 years ago. We all see what’s happening at Gerrard and Jones as well as Main Street and Kingston Rd. Starbucks is NOT the reason why this growth is happening, but I believe it definitely has an influence. Maybe it is a good company to follow seeing how successful they have been when opening new stores.

Watch my other video blogs that have introduced Starbucks in other locations:
Starbucks at Gerrard and Jones – Episode #3
Starbucks at Kingston Rd and Main St – Episode #64
Starbucks at O’Connor Dr and Coxwell – Episode #112

Starbucks Arrives In East York – Episode #112

This is the first Starbucks that has opened up in East York! This is BIG news for investors, residents, buyers and sellers.

As we are all aware, Starbucks does a lot of homework and research on where they will open up their stores. East York has become a very desirable place to live over the years. In 2011, East York appreciated in real estate values on average by 17%. There has been a growing trend on “Top Ups” and Massive Home Renovations in the area. East York has been known for being one of the most affordable places to live this close to Downtown Toronto. These are definitely some of the trends that Starbucks can see in East York.

We all know what happened at Queen Street East and Logan Ave when Starbucks opened 5 or 6 years ago. We all see what’s happening at Gerrard and Jones as well as Main Street and Kingston Rd. Starbucks is NOT the reason why this growth is happening, but I believe it definitely has an influence. Maybe it is a good company to follow seeing how successful they have been when opening new stores.

Watch my other video blogs that have introduced Starbucks in other locations:

Starbucks at Gerrard and Jones – Episode #3
Starbucks at Kingston Rd and Main St – Episode #64

Starbucks Opens at Kingston Road and Main Street – Episode #64

Starbucks has made its way to Kingston Road and Main Street. The “Impact of Starbucks” has become a popular term used over the years and here are some examples:

We are all aware that Starbucks opened up at Queen and Logan about 6 years ago and that area has experienced positive transition and an increase in real estate values since then. In 2006, the average price in Leslieville/Riverdale was $347,000 and in 2011, the average price was $545,000. That is a 57% increase! Obviously this is not all because of Starbucks, but Starbucks sure knows how to choose their locations well. They have a massive research team that does their homework and ensures that they will not fail.

Last year Starbucks opened up at Gerrard and Jones (which I filmed in Episode #3) and we have already seen some positive transition in that area.

Now Starbucks has made the move to Kingston Road and Main Street. Could the “Impact of Starbucks” be felt here too? Economic Fundamentals play an important role here as well. There is a GO Train Station (GO Danforth) up the street that takes you to Downtown Toronto and there is also a public Street Car that does the same.

The Impact of Starbucks – Episode #3

Is the area surrounding Gerrard and Jones the next “hot spot”? How does Starbucks and other major chain stores impact real estate values in the area they enter?