Toronto is one of the busiest cities in Ontario, offering top-notch living for everyone. The city, including its suburbs, is home to various residential property types. You’ll find condominiums, lofts, townhouses, semi-detached and detached homes, and bungalows in the city.
For condo lovers, we bring you a free list of condos for sale in Toronto. Here, you may find your new house based on the condo type, price, neighborhood, and other filtering options. You may also look for our list of condos for rent in Toronto. For that, you have to change the ‘Buy’ option to ‘Rent,’ and there, you will get the list of rental properties.
At Condo Point, we aim to help condo buyers, investors, and renters find the best home to enjoy living in one of the best cities in Ontario.
Toronto is the capital of Ontario and is situated on the northwestern shore of Lake Ontario, it forms part of the border between Canada and the US. The city is recognized as one of the most important international business hubs and a multicultural city globally.
Toronto has a long and exciting history that dates even before the 1500s, but it was incorporated as the City of Toronto on March 6, 1834. With varying situations, the city merged into the Municipality of Metropolitan Toronto in 1953, and then in 1998, it was again amalgamated as the City of Toronto.
Being an important international business and tourism center, Toronto is home to a huge number of foreigners. More than half of the city’s population is a visible minority group, mainly from Asia and Europe.
The most commonly reported religion in Toronto is Christianity, followed by other religions, including Islam, Hinduism, Judaism, Buddhism, and Sikhism.
With that much multiculturalism and business importance, it becomes almost impossible to avoid thinking of relocating to Toronto. Those who cannot afford to live in the city look for ways to get attached to it in other possible ways, such as working, shopping, or traveling.
We have shared a few reasons for relocating to Toronto or the Greater Toronto Area (GTA). If you want to know more, you can always give us a buzz on 416-318-3766 or send us an email at info@condopoint.ca.
Being an important city for so many reasons, the cost of living in Toronto is a little on the higher side. That being said, if you want affordable living, you can always think of homes in the suburbs.
The rental price and house value are 40% higher in the downtown area than in the areas away from it. The prices also depend on the type of house you live in and the neighborhood. For instance, condo living is cheaper than living in a single-family home.
Being an active housing market, Toronto could be a good place for real estate investors. So if you plan to invest in residential property and earn a quick return, this could be a great place to do that. For reference, you may check out the free list of condos for sale and rent in Toronto or contact us for more details.
Those living in Toronto barely leave the city to work in a neighboring city/town. In contrast, many residents of other areas come in and out daily to work here in the big city. That means the city tackles many vehicles coming in and out daily, creating a traffic mess during peak hours.
If you reside in the city, you do not have to worry about the traffic as you have multiple transportation options, including the Toronto Transport Commission (TTC) which manages subways, a vast array of buses, and streetcars. In addition to TTC, Torontonians also have the GO Transit system, which fills the gap where TTC does not operate.
Besides public transportation, Torontonians use personal vehicles and cycles to commute within the city.
It might set you back if you are immigrating to the country, but Toronto’s climate is typical for locals, meaning it is mostly cold, with a temperature falling as low as -7 degrees celsius. Besides the cold weather that lasts for up to six months, the city also has mild to warm weather.
July is the warmest month of the year and an excellent time to enjoy beaches and in the green. There could be some days with heatwaves, keeping you indoors.
When it comes to nature, the country does not disappoint anyone. The country is rich with green spaces and nature and is taking good care to keep it that way.
The city has a wide range of parks and green spaces, such as Allan Gardens, Christie Pits, Grange Park, Little Norway Park, Queen's Park, Riverdale Park, and Trinity Bellwoods Park. These are some great parks to hang out with friends and family to get a fresh breeze of air and greenery.
The city does not disappoint in the winter. It has some great parks where Torontonians go out for ice-skating, such as Nathan Phillips Square, Harbourfront Centre, and Mel Lastman Square. There are tons of beaches, the Scarborough Bluffs, Toronto Islands, and Lake Ontario for water lovers.
The city has some very affordable and superb educational institutions. One of those is the University of Toronto. This university is not only one of the best universities in the country but the world.
Some educational institutes in the city offer great specialized programs, such as Ryerson and Ontario College of Arts & Design (OCAD). Humber College provides great practical and technical programs, such as accounting, graphic design, and forensics.
The city is also home to some great elementary and secondary schools. There are over 400 elementary and over 100 secondary schools in the city.
The city is an important business and culture center. The city’s Financial District is the heart of Canada’s financial sector. There are many banks, brokerage firms, and headquarters of many large Canadian and multinational corporations.
The city is also known for its media, publishing, telecommunication, information technology, and film production industries. It is home to Bell Media, Rogers Communications, Magna International, and Torstar.
Since Toronto is one of the most diverse cities in the country, one can expect to get great cuisines in the city. It is home to some very high-end restaurants run by some of the world’s famous chefs. Besides the high-end restaurants, the city has some small and affordable food chains like Dina-a-Wang.
Roncesvalles, or as the locals call it, “Roncy,” is a fantastic place to live. Though it is a bit farther from downtown Toronto, it has many shops, bars, restaurants, and coffee shops.
The neighborhood’s housing market is still on the cheaper side compared to communities closer to downtown.
There are many small businesses, such as gift shops, pharmacies, grocers, clothing & shoe boutiques, cafes & restaurants, book & music stores, and law offices.
The area also has several parks, sporting facilities, and schools.
It is a multicultural neighborhood in Downtown Toronto and is part of Old Toronto. An interesting fact about the area is that more than 30% of the residents prefer walking to their workplaces.
This area has a blend of home types with affordable to expensive residences. This area could be an excellent place for real estate investors since people prefer buying flipping properties tailored to their dreams.
Some of the amenities you will get in the area include a significant number of clothing stores, cafes and bakeries, parks, beaches, schools, and Toronto Western Hospital.
It’s one of the coolest neighborhoods with the best shopping options in the city. Besides shopping, you can also take a walk to grab a drink with friends at some of the most popular bars or eat some great food.
The neighborhood is an amalgamation of high-rise condos, mainly occupied by young professionals. The area is well located for a quick commute to the downtown core through the local buses and streetcars.
There are a lot of restaurants, cafes, and bars such as Local Liberty Village - serving some of the best burgers, and Williams Landing - offering great choices to grab a drink and delicious pizza.
There are several home types in the area, including townhouses, lofts, condos, and modern Victorian-style homes. Interestingly, it is also known for being one of the cleanest Toronto neighborhoods.
It is a village-type neighborhood with a moderate touch of contemporary living. The types of homes you will find here in abundance include Victorian and modern-style homes, townhouses, and condos.
Families with children prefer relocating here due to the High Park Public School and the large park - High Park. It is a mixed recreational and natural park that spreads over 160 hectares.
Being the capital of Ontario, there is a lot more the city has to offer. If you want to know more about the city before you make the big step of buying, investing, or renting a condo in Toronto, you may give us a call or send an email. We are always pleased to assist people looking to buy or sell a residential property in Toronto or any other part of the province.