Toronto is the most populated community in Canada, with approximately 3 million people. If you search for Toronto condos for sale, you will see that the city has more than 140 official neighbourhoods. Most of them are excellent places to live, thanks to their rich histories, strong economy, and vibrant future.
Whether you are looking for various housing styles – from historic Georgian to Victorian- or a modern condo, Toronto might be the right place to find your dream home.
Top Desirable Neighbourhoods in Toronto
If you are ready to move to Toronto but do not know the most desirable neighbourhoods, don’t worry! Here are some of the best neighbourhoods to live in Toronto, Canada:
#1. The Annex
The Annex borders the University of Toronto, but the neighbourhood also includes Seaton Village and Yorkville. Most properties here are condos, but you can also find various luxury homes, with real estate prices ranging between $575,000 and $4+ million. The area is well-served by public transportation, with subway stations at Spadina, Bathurst on the Bloor, and DuPont.
The neighbourhood offers excellent amenities, from high-end boutiques and restaurants to nightlife destinations. Regarding architecture, The Annex is among the finest communities in Toronto due to the architect E.J.Lennox.
#2. The Beaches
The neighbourhood got its name from the four Lake Ontario beaches within its borders, located in the east-central district of Toronto. The Beaches is renowned for its various architectural house styles, modern condos and townhouses, and beach cottages.
Regarding real estate, prices usually range from $900,000 to $4+ million. In The Beaches, you can fancy the great nightlife, parks, heritage buildings, or the walkable and bike-friendly areas.
Roncesvalles is located east of High Park and north of Lake Ontario, and has great outdoor recreational opportunities. In 2012, Roncesvalles became the first and only neighbourhood in Toronto to be named one of the eight finalists in the contest “Canadian Institute of Planners (CIP) Great Places in Canada.”
Regarding housing, Roncesvalles’ real estate prices typically range between $650,000 and $2.5 million, and most houses are attached or semi-detached. In addition, the neighbourhood offers a great deal of recreational and sporting opportunities, including the lake, parks, and charming shopping options.
Cabbagetown is located in central Toronto, featuring the most significant areas of preserved Victorian housing in North America. The L-shaped area has excellent amenities, including access to public transportation, Cabbagetown Community Arts Center, Cabbagetown Youth Center, Cabbagetown Fall Festival, and Riverdale Park and Farm.
Cabbagetown real estate prices range between $500,000 and $3+ million, but prices can fall outside that range.
#5. Lawrence Park
This neighbourhood is divided into two sections: Lawrence Park South and Lawrence Park North. Homes in Lawrence Park have a variety of architectural styles, as most of them were built from 1910 to the 1940s. Prices in Lawrence Park North typically range between $800,000 and $4+ million, while in Lawrence Park South, prices range from $1.5 to $5+ million.
Lawrence Park South is famous for being one of the most expensive neighbourhoods in Toronto because it has many luxury homes.
#6. Runnymede-Bloor West Village
Runnymede-Bloor West Village is renowned for its two-story brick homes, but modern homes, condos, and renovations are becoming more common. Real estate housing prices range from $700,000 to $2 million, featuring a significant shopping district, outdoor recreation opportunities, and various festivals, like the Ukrainian Festival, July Festival, and the Halloween Festival.
Riverdale is one of the largest neighbourhoods in Toronto, splitting into North Riverdale and South Riverdale. The neighbourhood is famous for its three-story Victorian homes, access to several expressways and public transit, and many shopping districts. In South Riverdale, you will most likely find prices ranging between $550,000 to $2+ million. In North Riverdale, real estate prices typically range from $1–1.5 million.
Toronto has it all, no matter what you are looking for – outdoor recreation, a multicultural food scene, family-friendly places, interesting yet modern architecture, exciting amenities, and a fabulous nightlife.
As the biggest city in Canada, Toronto has so many great neighbourhoods that choosing the ideal one can be overwhelming. The city is diverse, with many cultures, religions, and personalities.
If you’re asking residents about the best neighbourhoods in Toronto, you will most likely get mixed answers. Regardless of your preferences, needs, and budget, Toronto promises a pleasant lifestyle, exceptional Victorian architecture, cultural experiences, and growing businesses. Reach out to a real estate agent to find out more.