Own A Home In Toronto

Toronto is the largest city in Canada and is the provincial capital. Toronto is celebrated as having very low crime rates and a clean environment. Due to the city's amount of wealth it is able to offer its citizens a very high standard of living, although in recent years the cost of housing has risen so high as to make it very hard for first time buyers to get their feet wet. Toronto has often been rated one of the world's most liveable cities but it is also Canada's most expensive city to live in. It is interspersed by rivers and tributaries, with many housing developments centered along the beautiful waterways, making Toronto a very green city. It enjoys a moderate climate due to its proximity to Lake Ontario and has very mild winters by the usual Canadian standards.

Key Features of Toronto Real Estate

Low crime rate
High standard of living
Moderate climate and mild winters
Very strong economy with a lot of jobs available
Lots of activities to keep you busy
Excellent school system
Rated one of world's most liveable cities

Demographics of Toronto

The Greater Toronto Area has an approximate population of 8.1 million people, including all new immigrants relocating to that area.

Lifestyle in Toronto

Although Toronto does offer a very high standard of living to its citizens, it is also known as a city where people live to work. Most people work high status positions that require long hours at the office. Also, due to the size of the city and its suburbs, commuting to and from work takes a great deal of time spent in traffic each day. However, as hard as people in Toronto do like to work, they also take the time to enjoy the many cultural offerings that the city has to offer. From national museums to theatre shows to live concerts and sporting events, Toronto is a magnet for all forms of entertainment. Toronto also has a great ethnic mix which has resulted in hundreds of fantastic restaurants where you can enjoy foods from all over the world.

Economy of Toronto

Toronto is undoubtedly Canada's economic capital. It boasts a huge financial sector as well as a host of business services and telecommunications. It also has a large aerospace industry, transportation industry and a huge media arts community which includes television and film production, publishing and software production. Additionally Toronto is home to a large medical research community, boasts several celebrated universities and renowned sports teams. It is also a very big tourist attraction.

Transportation in Toronto

Toronto is well served by an intricate and well-managed series of highways. It also has a very efficient commuter train system that works in conjunction with the city's buses and subways. Toronto does have a network of bike paths, but they tend to be better developed in the small communities than they are in the city itself. Toronto is also served by several airports including the Pearson International Airport, which is the city's main airline hub.

History ofToronto

The land on which Toronto now sits has been inhabited since after the first ice age. However, the modern history of the city truly began only in 1793 when British colonial officials founded the Town of York in what was then the Upper Canadian Frontier. Then in 1834 the actual City of Toronto was founded. Since then the city has grown - slowly at first, but then by leaps and bounds. From Canada's second biggest city it quickly out-paced its neighbours to claim the largest city status and is today the country's economic, cultural and tourist hub.

Property Market - Buy a house in Toronto

Toronto's property market has been on an upward climb since the 1980's when Quebec started flirting with separation from the rest of Canada. At that time many émigrés from Montreal made their way down the 401 where they settled in the next largest city Canada had to offer. Along with ordinary citizens, there was also a big exodus of head offices from Montreal and Quebec to Toronto. With the sudden boom in the population Toronto's property market began its incredible rise. Today it is one of the hottest markets in Canada and it does not show any signs of slowing. Consult a real estate broker in Canada for buying home in Canada or for information on homes for sale in Canada.

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