I think you chose the right hood to move into, Brian. St Clair/Blakely is defintately hot'ish right now with the best yet to come (just wait for LRT).
Just a tip: there are ghetto ghetto ghetto condos for sale @ Main/Wentworth. $50,000 each. Mostly reno'd with some that have Washer/Drier stand-ups.
The bldg is pretty ghetto right now, but from what I hear (from one of the unit owners) is that they have been agressively evicting the old tenants and trying to replace with owners and/or decent tenants. Kind of like what most of the mid-rise mid-century apt bldgs along Main are doing (the ones across from Gage Park come to mind too).
So if anyone's willing to sit on a property for a cpl years, or if you're patient enough, buy now. If I were a lil older with an established career I would totally snag up a unit there. By 2015 it may be worth $250,000!
EDIT: My bad! They're actually $25,000!!
http://www.mls.ca/PropertyDetails.as...ertyID=7365114