490 spence street

The area around 490 Spence Street is dense with amenities, all within a 3-minute walk. You'll find a variety of dining options including Hot Pot House, Pho Hoi An, and Little Korea, along with cafes like Soap Opera. For daily needs, there are multiple convenience stores such as The Habesha Convenience Store Inc. and Juba Halal Foods, as well as a pharmacy and a walk-in clinic.

Recreational spaces include Saigon Park and Furby Tot Lot, both just a few minutes away. The presence of a school (Sister MacNamara School) and several fast-food outlets like 99 cent pizza #5 adds to the convenience of this central location.

Crime in the Spence neighbourhood has shown a dramatic improvement in recent years. After peaking in 2022 with 1334 property crimes and 379 violent incidents, total incidents dropped sharply in 2026 to just 55 property crimes and 23 violent incidents. Year-over-year declines of over 90% across all categories in 2026 point to a significant turnaround.

While earlier years (2017-2021) had consistently high crime rates, the steep drop in 2026 suggests enhanced safety measures or reporting changes. The trend is clearly improving, making the area more attractive for potential residents.

490 Spence Street is an excellent choice for first-time buyers and investors due to its central location, abundant nearby amenities, and drastically improving safety. The property offers strong transit connectivity via Routes F6 and D13, making it ideal for commuters without a car.

The proximity to schools like Sister MacNamara School and Collège Jeanne-Sauvé, along with parks and clinics, also makes it suitable for families. With the recent crime downturn, the neighbourhood is becoming more livable and appealing for long-term occupancy.