Moore Park Ravine Encompasses 32 Acres Along Mud Creek, Which Is One Of The Tributaries Of The Don River

Category: Finance, Real Estate.

Moore Park is a name that is applied to both a neighbourhood in the city of Toronto and the park which the neighbourhood surrounds. The park has preserved an important watershed within the limits of the city, keeping several areas natural and includes the lower Don Trail, a meandering path along the bottom of the ravine enjoyed by walkers all year round.

Moore Park Ravine encompasses 32 acres along Mud Creek, which is one of the tributaries of the Don River. The Moore Park neighbourhood is among Toronto s most affluent, a title that would sit well with the person who conceived of the area in the first place. Moore himself was involved in several investment opportunities aside from the development of real estate. John Thomas Moore owned the 100 hectares surrounding the ravine, and in 1889 the industrialist began to develop the area as a community for wealthy Toronto citizens. One of his most notorious efforts was the development of the Belt Line Railway, a railroad system that was conceived as a way of providing easy transportation from Toronto to its rapidly expanding suburbs. The rail line was a bit before its time, and Moore sank, though most of his fortune into its creation. The show piece of the line was the station that was located at Moore Park.

When Toronto was hit by a depression after the rail line opened, the line went bankrupt and Moore did so as well. By the end of the roaring twenties, the neighbourhood was, however entirely developed, with no more room for further building. This setback delayed the residential development of Moore Park for a couple of decades. It includes two of the original bridges built by the developer of the community, the steel bridge on St. The area remains in high demand today due to its exclusivity and its isolation from the city at large. Clair and the wooden bridge on Moore Avenue. The community is surrounded on all sides by natural barriers which set it apart from the city itself.

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