Toronto is Canada’s largest city and is North America’s fifth most populous municipality – with a population of 2.7 million people. It lies on largely flat land, with little in the way of hills. The Greater Toronto Area, usually called the GTA is home to 5.6 million people.
Toronto’s motto is “Diversity Our Strength”. Known as one of the world’s most multi-cultural cities, Toronto prides itself on its wide range of cultures, languages, food and arts. Almost half of its population are immigrants.
Forbes Magazine tracked the “World’s Most Economically Powerful Cities” and included Toronto in its top ten list. According to Forbes, powerful cities such as Toronto attract investment due to the size of their economy, their projected future prosperity, cost of living and quality of life. Forbes describes Toronto as lying at the economic heart of one of the world’s wealthiest countries, projected to keep humming through 2020.
Suburbs such as North York, Markham and Richmond Hill (north, east) and the Halton region (Oakville and Milton for example) are favoured by families and are among the best places to live in Toronto. Single men and women tend to prefer the downtown core, where the condominium market has exploded over the last decade.
Toronto is well-known for its healthy arts scene, numerous sporting events, a vibrant nightlife, and restaurants, bistros and eateries featuring cuisine from just about any nationality one could think of.
The University of Toronto is one of the world’s most prestigious post-secondary institutions, ranking 24th in the Academic Ranking of World Universities. There are three different campuses, located in the Downtown area as well as the west (Mississauga) and east (Scarborough).
Toronto is also home to two other universities, Ryerson and York University as well as several community colleges.
Real Estate in Toronto
The Toronto real estate market is on of the most popular in all of North America. Whether investing in a new downtown condo, commercial real estate or a family home, the Toronto real estate market has opportunities at all levels. If you decide to purchase real estate in Toronto rest assured that you will be living in a city with great amenities, services, facilities and entertainment.
Not only is the Toronto housing market doing well, but newly constructed toronto condos are also in very high demand. With each passing year, Toronto condos are becoming a bigger part of total Toronto real estate market. Exciting new homes and condos are being constructed in areas like Eglinton / Yonge and King St. / Bathurst that offer residents access to the excitement of downtown Toronto while still being in a calm, clean and safe area. The most popular areas to invest are projects along the subway, close to downtown and at key intersections along the Yonge – Bloor corridors.
Call me, Sachin Sharma at (416) 450 4770 to find out more about buying your home in Toronto. Or you can contact me by e-mail below and I will be more than happy to share my expertise and immense experience with you.
I will personally go through each and every listing that matches your buying criteria to bring you the most suitable choices available. From new homes to resale homes to condos I would be delighted to help you find your perfect real estate anywhere in the Toronto and surrounding areas.