- Buyers & Sellers
Toronto is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the anchor of the Golden Horseshoe, an urban agglomeration of 9,765,188 people (as of 2021) surrounding the western end of Lake Ontario, while the Greater Toronto Area proper had a 2021 population of 6,712,341. Toronto is an international centre of business, finance, arts, and culture, and is recognized as one of the most multicultural and cosmopolitan cities in the world.
Indigenous peoples have travelled through and inhabited the Toronto area, located on a broad sloping plateau interspersed with rivers, deep ravines, and urban forest, for more than 10,000 years. After the broadly disputed Toronto Purchase, when the Mississauga surrendered the area to the British Crown, the British established the town of York in 1793 and later designated it as the capital of Upper Canada. During the War of 1812, the town was the site of the Battle of York and suffered heavy damage by American troops. York was renamed and incorporated in 1834 as the city of Toronto. It was designated as the capital of the province of Ontario in 1867 during Canadian Confederation. The city proper has since expanded past its original limits through both annexation and amalgamation to its current area of 630.2 km2 (243.3 sq mi).
The diverse population of Toronto reflects its current and historical role as an important destination for immigrants to Canada. More than 50 percent of residents belong to a visible minority population group, and over 200 distinct ethnic origins are represented among its inhabitants. While the majority of Torontonians speak English as their primary language, over 160 languages are spoken in the city. The mayor of Toronto is elected by direct popular vote to serve as the chief executive of the city. The Toronto City Council is a unicameral legislative body, comprising 25 councillors since the 2018 municipal election, representing geographical wards throughout the city.
Toronto is a prominent centre for music, theatre, motion picture production, and television production, and is home to the headquarters of Canada's major national broadcast networks and media outlets. Its varied cultural institutions, which include numerous museums and galleries, festivals and public events, entertainment districts, national historic sites, and sports activities, attract over 43 million tourists each year. Toronto is known for its many skyscrapers and high-rise buildings, in particular the tallest free-standing structure on land in the Western Hemisphere, the CN Tower.
The city is home to the Toronto Stock Exchange, the headquarters of Canada's five largest banks, and the headquarters of many large Canadian and multinational corporations. Its economy is highly diversified with strengths in technology, design, financial services, life sciences, education, arts, fashion, aerospace, environmental innovation, food services, and tourism. Toronto is the third-largest tech hub in North America after Silicon Valley and New York City, and the fastest growing.
Toronto is an international centre for business and finance. Generally considered the financial and industrial capital of Canada, Toronto has a high concentration of banks and brokerage firms on Bay Street in the Financial District. The Toronto Stock Exchange is the world's seventh-largest stock exchange by market capitalization.The five largest financial institutions of Canada, collectively known as the Big Five, have national offices in Toronto.
The city is an important centre for the media, publishing, telecommunication, information technology and film production industries; it is home to Bell Media, Rogers Communications, and Torstar. Other prominent Canadian corporations in the Greater Toronto Area include Magna International, Celestica, Manulife, Sun Life Financial, the Hudson's Bay Company, and major hotel companies and operators, such as Four Seasons Hotels and Fairmont Hotels and Resorts.
Although much of the region's manufacturing activities take place outside the city limits, Toronto continues to be a wholesale and distribution point for the industrial sector. The city's strategic position along the Quebec City–Windsor Corridor and its road and rail connections help support the nearby production of motor vehicles, iron, steel, food, machinery, chemicals and paper. The completion of the Saint Lawrence Seaway in 1959 gave ships access to the Great Lakes from the Atlantic Ocean.
Toronto's unemployment rate was 6.7% as of July 2016. According to the website Numbeo, Toronto's cost of living plus rent index was second highest in Canada (of 31 cities). The local purchasing power was the sixth lowest in Canada, mid-2017 The average monthly social assistance caseload for January to October 2014 was 92,771. The number of seniors living in poverty increased from 10.5% in 2011 to 12.1% in 2014. Toronto's 2013 child poverty rate was 28.6%, the highest among large Canadian cities of 500,000 or more residents.
Toronto's theatre and performing arts scene has more than fifty ballet and dance companies, six opera companies, two symphony orchestras and a host of theatres. The city is home to the National Ballet of Canada, the Canadian Opera Company, the Toronto Symphony Orchestra, the Canadian Electronic Ensemble, and the Canadian Stage Company. Notable performance venues include the Four Seasons Centre for the Performing Arts, Roy Thomson Hall, the Princess of Wales Theatre, the Royal Alexandra Theatre, Massey Hall, the Meridian Arts Centre (formerly the Toronto Centre for the Arts), the Elgin and Winter Garden Theatres and the Meridian Hall (originally the "O'Keefe Centre" and formerly the "Hummingbird Centre" and the "Sony Centre for the Performing Arts").
Ontario Place features the world's first permanent IMAX movie theatre, the Cinesphere, as well as the Budweiser Stage (formerly Molson Amphitheatre), an open-air venue for music concerts. In spring 2012, Ontario Place closed after a decline in attendance over the years. Although the Budweiser Stage and harbour still operate, the park and Cinesphere are no longer in use. There are ongoing plans to revitalise Ontario Place.
Each summer, the Canadian Stage Company presents an outdoor Shakespeare production in Toronto's High Park called "Dream in High Park". Canada's Walk of Fame acknowledges the achievements of successful Canadians, with a series of stars on designated blocks of sidewalks along King Street and Simcoe Street.
The production of domestic and foreign film and television is a major local industry. As of 2011, Toronto ranks as the third largest production centre for film and television after Los Angeles and New York City, sharing the nickname "Hollywood North" with Vancouver. The Toronto International Film Festival is an annual event celebrating the international film industry. Another prestigious film festival is the Take 21 (formerly the Toronto Student Film Festival), which screens the works of students 12–18 years of age from many different countries across the globe.
Toronto's Caribana (formerly known as Scotiabank Caribbean Carnival) takes place from mid-July to early August of every summer. Primarily based on the Trinidad and Tobago Carnival, the first Caribana took place in 1967 when the city's Caribbean community celebrated Canada's Centennial. More than forty years later, it has grown to attract one million people to Toronto's Lake Shore Boulevard annually. Tourism for the festival is in the hundred thousands, and each year, the event generates over $400 million in revenue into Ontario's economy.
One of the largest events in the city, Pride Week takes place in late June, and is one of the largest LGBT festivals in the world.
There are four public school boards that provide elementary and secondary education in Toronto, the Conseil scolaire catholique MonAvenir, the Conseil scolaire Viamonde (CSV), the Toronto Catholic District School Board (TCDSB), and the Toronto District School Board (TDSB). CSV and TDSB are secular public school boards, whereas MonAvenir and TCDSB are separate public school boards. CSV and MonAvenir are French first language school boards, whereas TCDSB and TDSB are English first language school boards.
TDSB operates the most schools among the four Toronto-based school boards, with 451 elementary schools, 105 secondary schools, and five adult learning centres. TCDSB operates 163 elementary schools, 29 secondary schools, three combined institutions, and one adult learning centre. CSV operates 11 elementary schools, and three secondary schools in the city. MonAvenir operates nine elementary schools, and three secondary schools in Toronto. University College at the University of Toronto. University College is one of eleven colleges at the University of Toronto.
Five public universities are based in Toronto. Four of these universities are based in downtown Toronto: OCAD, Toronto Metropolitan University, the Université de l'Ontario français, and the University of Toronto. The University of Toronto also operates two satellite campuses, one of which is in the city's eastern district of Scarborough, while the other is in the neighbouring city of Mississauga. York University is the only Toronto-based university not situated in downtown Toronto, operating a campus in the northwestern portion of North York, and a secondary campus in midtown Toronto. The University of Guelph-Humber is also based in northwestern Toronto, although it is not an independent public university capable of issuing its own degrees. Guelph-Humber is jointly managed by the University of Guelph, based in Guelph, Ontario, and Humber College in Toronto.
There are four diploma and degree granting colleges based in Toronto. These four colleges, Centennial College, George Brown College, Humber College, and Seneca College, operate several campuses throughout the city. The city is also home to a satellite campus of Collège Boréal, a French first language college.
The city is also home to several supplementary schools, seminaries, and vocational schools. Examples of such institutions include The Royal Conservatory of Music, which includes the Glenn Gould School; the Canadian Film Centre, a media training institute founded by filmmaker Norman Jewison; and Tyndale University, a Christian post-secondary institution and Canada's largest seminary.
The Toronto Public Library consists of 100 branches with more than 11 million items in its collection.
We aim to maintain the highest standards of customer care and excellence when providing real estate services to our clients. We firmly believe in continuously striving to provide the best client service possible, ensuring that the selling and buying process is an enjoyable experience and that the relationship between salesperson and client is a harmonious and long-term partnership.