Toronto, the capital of the province of Ontario, is the largest city in Canada. It is the heart of the nation’s financial, commercial, industrial, cultural life, and one of the world’s most livable urban centres. With low crime rates, generally high standard living, a clean environment and multicultural diversity, Toronto is, without fail, rated one of the most popular cities to live in each year. In fact, it is one of the world’s top financial centres and because of its international and cosmopolitan population, also considered a global city.
Downtown Toronto contains the headquarters of many Canadian companies, and yet it has a large residential population. Numerous large high-rise condos have been developed in recent years catering to those who seek a downtown urban lifestyle.
Toronto Central is divided into distinct neighbourhoods, each with its unique characteristics and specialties. For instance, Bloor Yorkville has over 700 restaurants, hotels, spas, designer boutiques, and world-class galleries. The core centre, Downtown Yonge, boasts more than 600 retail stores, 150 restaurants and bars, and 7 hotels. It is famous for shopping, entertainment, and historical landmarks. Old Town Toronto highlights heritage buildings, music, dining, pubs and theatres. To the western border of Old Town is the St. Lawrence Market, rated one of the world’s 25 best markets by the Food and Wine Magazine. Lastly, the Entertainment District hosts hundreds of restaurants, sporting facilities, nightclubs, boutiques, live theatre, and attractions. Notably, this district hosts four major league sports teams whose facilities are within three blocks to each other. There is an extensive network of tunnels called the PATH Underground, which connects to various buildings in the area, keeping people safe off the streets, protected from the weather, and shopping areas easily accessible.
Because of its proximity to Lake Ontario, Toronto’s climate is moderate for Canada. The city experiences four distinct seasons with warm, humid summers to cold winters. Temperatures remain below -10°C in the winter and reach to 35°C in the summer. The spring and autumn seasons are generally mild or cold.
A recent MLS Listing in 2008 showed an average selling price of $380,000 for a home in Ontario. Condos generally range from $200,000 to $500,000 depending on size, but can also be substantially higher depending on the neighbourhood. Downtown living on the waterfront of Lake Ontario contains access to Toronto Island, public transportation to all city attractions as well as all of Toronto’s diverse neighbourhoods within fifteen minutes. Use the form on this page to search for your high rise condo, townhouse or low-rise apartment on the waterfront or right in the heart of Toronto today!
