Toronto is considered one of the most prominent places people have chosen to live in Canada. It is a platter of culture, employment, education, and lifestyle. A complete diversity of best neighbourhoods in Toronto is found here. If you want to have a finger on the pulse of the young crowd, go to Toronto’s west end, and you’ll be right in the middle. Thanks to rising rents, Toronto neighbourhoods have also seen gentrification.

If you are moving there for work or are looking to start a family there, you should look for the lifestyle, locality, proximity to your work, schools, college, etc. This comprehensive guide talks about some of the neighbourhoods to live in Toronto. These neighbourhoods are constantly evolving thanks to the constant gentrification of the places. Based on your parameters, rate the localities and choose the one that best fits you. Let’s check out the best neighbourhoods in Toronto.

Which Toronto Neighbourhood Is the Best for Living?

Shifting homes and moving to a new place can be overwhelming, but if you invest in proper research, you can make the best choice. Let us check out the best neighbourhoods in Toronto to live:

  • Toronto Neighbourhoods: Downtown

Toronto Neighbourhoods: Downtown

Some of the best city experiences at your doorstep with handy access to all the amenities Toronto has to offer Downtown is one of the hippest and trendiest localities, with neighbourhoods like: 

    • King West

Considered one of the most bustling of the Toronto downtown neighbourhoods, King West offers a dynamic lifestyle with a lot of vibe, culture, and diversity. This place has the best taste if you are young and single and looking to enjoy city life. But you will need a strong and stable income source to afford a one-bedroom here. This place has the best business and educational opportunities. This brings a lot of new crowds to this place. Individuals of all ages, ethnicities, and cultures are found here. The nightlife of this place is something to see.

Best streets in Toronto neighbourhood in Downtown – 650 King Street West, 55 Stewart Street, 75 Portland Street

Price to buy: $1300-1400 per sq. ft.
Price to rent: $2600-$3700 for a condo-one bedroom

    • Entertainment District

The entertainment district is one of the most vibrant places to live in the Toronto downtown neighbourhood. It has relentless traffic at night and during the day. Most media firms, agencies, and creative individuals are found here. This is like the art gallery in Toronto. This place offers a great vibe, great music, cafes, and restaurants with the most modern touches and varied cuisines for you to try. It is closer to the subway and has a well-connected public transport system. There is no facility that you cannot find in this part of town.

Best streets to look for: Adelaide Street Pinnacle, 224 Street Theatre Park
Price to buy: $599,000 to $15,75,000
Price to rent: starts at $2500

  • Toronto Neighbourhoods: Midtown

Toronto Neighbourhoods: Midtown

In midtown Falls, the costliest homes used to be historic sites. Look for a home in midtown in the neighbourhood of:

    • Yorkville

This is one of the costliest and wealthiest neighbourhoods in Toronto. Toronto downtown neighbourhoods and Toronto midtown neighbourhoods meet here. New advancements are coming to suit the middle-class lifestyle. Some of the world’s best fashion brands are found in this locale. If you want a luxurious lifestyle, then the condos here are some of the best to look for.

This neighbourhood is also the host of the Toronto International Film Festival. So you can find a lot of celebrities bustling here. This is one of the best places to explore the nightlife and restaurant scene.

Best streets to look for: One Floor, The Four Seasons Residence, Hazelton Avenue
The price to buy starts at $15,00,000
Price to rent: $3800-$10,000 for a condo- one bedroom

  • Toronto Neighbourhoods: West End

Offering the best in class lifestyle with a touch of nature, this locality has serenity and a city at its doorstep. One such neighbourhood to find a home is:

    • Etobicoke

Considered a waterfront neighbourhood, it is situated on Toronto’s west end and is one of the best neighbourhoods in Toronto to live. This is the place to look if you have a family or are willing to live a retirement life. You can enjoy the waterfront views from your condos. Etobicoke is situated on the Lake Ontario waterfront and has visuals that please you no matter where you look.

The apartments here are costly. But the overall neighbourhood has a sweet, classical music style of restaurants and cafes. This place’s theatres and shopping scene are also very hip for you to stay in.

Best streets to look for: Lake Shore Road, Brookers Lane, Marine Parade
Price to buy: Starts at $450,000
Price to rent: $3800-$12000 for a condo-one bedroom

  • Toronto Neighbourhoods: East End

Toronto Neighbourhoods: East End

The Toronto East End has some of the best views of the beach and a cosy vibe overall. One such neighbourhood is:

    • The Beaches

Considered the most picturesque Toronto neighbourhood in the East End, this locality is one of the best spots for summer vacation. It is a very relaxed spot and is often referred to as paradise by the residents. They have quite a few beaches and serene walks, as the name suggests. The local transportation and entertainment spots are sorted in this locality with a hip and trendy vibe. One of the best localities to look for if you are exploring your family home and living a life in a serene place with a less crowded area.

Best streets to look for: Woodbine Park St, Sugar Beach, Kew-Balmy Beach
The price to buy: Starts at $ 430,000
Price to rent: starts at $1750-$1950 for a condo one bedroom

  • Toronto Suburban Neighbourhoods

Toronto Suburban Neighbourhoods

There are 6 main suburbs that surround the old city of Toronto. These are:

    • East York

If you are looking for starter homes, East York has some great affordable options. It is one of the Toronto suburban neighbourhoods with a lot of variety.

    • Etobicoke

Etobicoke is one of the safest neighbourhoods in all of Toronto. You can find an amalgamation of various lifestyles in this borough, which is now a fundamentally static and bustling city.

    • North York 

This Toronto suburban neighbourhood has some unique cultures to offer. The diversity of this place is something to experience. You will find a variety of price ranges for the homes here.

    • Scarborough 

If a family with young children is looking to shift, then Scarborough is the right fit. With its top-class educational facilities, this place has some of the best schools and is considered safe by the residents despite its poor reputation.

    • York 

A modern neighbourhood on the southeastern side of Toronto, this place has some of the best higher educational facilities and, therefore, has many young crowds of diverse ethnicities. It also offers affordable homes and is a hub for starting families.

In Toronto, Which Markets Are The Best?

With its gleaming culture and bustling markets, Toronto has some of the best streets in the world. Many markets here are aesthetic, vintage, and worth seeing.

Some of the best markets in Toronto are:

    • Lawrence Market: If you are a connoisseur of great artisan culinary products, add this to your destinations. It has fresh farmer’s produce, butchers, bakers, and everything you can think of in a classic culinary market.
    • Kensington Market: this market has some unique stores, cafes, and restaurants. If you want to buy some goodies, they have everything vintage at your disposal.
    • Flea’s Market: this is one the largest indoor and outdoor markets in all of Toronto. You can find crazy deals here, with many sellers gathered in one place. This place is also the best one for getting fresh farm produce.
    • Fairmont Farm Market: This place is a summer hub for the locals. People come here for food, entertainment, and all sorts of hip experiences Toronto offers.

Conclusion

Toronto has a lot on the table in terms of home, lifestyle, business, education, and entertainment. You must choose the neighbourhood depending on the financial expenditure that you are willing to make. You can also choose the cost of living and standard of living and determine the neighbourhood that would be the best fit for you.

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Frequently Asked Question (FAQs)

Which is the best neighbourhood to live in Toronto?

The best neighbourhood in Toronto is one of the oldest and most well-known Downtown neighbourhoods, Kensington Market. It offers a multicultural experience of living with history and modern progress at its feet.

Why is Toronto also called the Six?

Which neighbourhoods have the best market in Toronto?

Kensington Market is one of the best markets in Toronto.

What are the suburbs of Toronto?

Some of the well-known suburbs of Toronto are East York, North York, Scarborough, Etobicoke, and York.