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Crescent Town, Toronto is a central Toronto neighbourhood known for a high number of public transit users, cyclists, renters, sales / service workers, and young kids. It is a diverse neighbourhood notable for a high number of Bengali, Romanian, Urdu, Turkish, and Serbian speakers.
Crescent Town largely features condos, accounting for 49% of sales, followed by detached houses at 29% and semi-detached houses at 16%. Condo apartments are the most common style and the majority of properties have 2 bedrooms. The average price in Crescent Town over the past 12 months is $502,819, an increase of 14% over the same period last year. The average condo price over the past 12 months is $278,077 as compared to the average freehold price of $798,535 over the same period.