Ever wondered why the disparate neighbourhoods of Harbourfront, Beaconsfield Village, and Little Italy are all lumped in together in this arbitrary real estate zone called C01? In the coming months, these zones will make much more sense once the Toronto Real Estate Board implements planned district changes across the GTA.
On July 5th TREB will be updating Toronto MLS districts with a new multi-tiered system that allows focusing on specific neighbourhoods. Instead of simply relying on major roads and geographic features to serve as boundaries, the new TREB districts are derived from actual community boundaries as indicated by various levels of government, and as commonly known by the public. Further, the new districts are actually called by their familiar neighbourhood names. As a side note for East Toronto "singularists", I must point out that the governmentally recognized name of The Beaches appears to have won out, despite all the signage in our community that calls it otherwise.
While these map improvements do make targeted searches easier for Toronto Realtors and home buyers, I would say that the changes are much more significant for those outside of the city. For instance, the rapidly developing town of Keswick will soon be separated from distinct and vast tracts of farm, cottage, and rural properties that stretch to Pefferlaw in the current district of N17.
I first received a sneak peak of the new districts at a workshop in early February, but TREB has only just made a broader announcement and release of the maps to member Realtors. I will post the new district maps as soon as comprehensive user-friendly version is available. If in the meantime you are curious about the 'new' name for your neighbourhood, please get in contact.