BonkTastic
ಠ_ಠ
I still think Centertown offers the best value for your buck in the downtown area - 15/20 minute walk to Parliament, 5 minute walk to Little Italy/Preston, 20/25 minute walk to the market, 10 minute walk to Lebreton Station for the largest train/bus hub in the city... it's central, and inexpensive. You can still get 1-bedroom places for $700-900/mo in nice buildings/duplexes if you look hard enough.
Prices are down because there is still a lot of stigma about the area south of Gladstone (which is still not great, avoid the infamous Fairview Towers like the plague OP, that place is a great building to either buy drugs in or get stabbled over a drug deal), but everywhere north has been massively re-gentrified in the last 10 years, and prices still haven't gone up in kind with the rest of the downtown core.
Prices are down because there is still a lot of stigma about the area south of Gladstone (which is still not great, avoid the infamous Fairview Towers like the plague OP, that place is a great building to either buy drugs in or get stabbled over a drug deal), but everywhere north has been massively re-gentrified in the last 10 years, and prices still haven't gone up in kind with the rest of the downtown core.