What Makes Midtown Toronto An Ideal Place To Live?

For many Toronto residents, Midtown is considered a prime location. But what makes this such an ideal place to live? Here is some information regarding the unique features of Midtown Toronto, and the demographics of it’s residents:

• Yonge – Eglinton area in midtown Toronto is an Anchor Hub in the GTA

• 21,000 people live in Yonge–Eglinton within 1 km of the station

• 16,800 jobs within 1 km of the Yonge–Eglinton station

• 76% or 15,960 people rent their homes

• Ages 25 to 46 – young & eligible

• $76,749 average household income with 56% single households only

• Top 2 reasons for choosing to live in midtown is access to public transit & central location

• 60% take public transit

Daily Pedestrian Count

Yonge & Eglinton – 42,680

Bay & Dundas – 35,585

Future Transit – Eglinton Crosstown expansion

• Largest light rail transit expansion in the history of Toronto

• $8.4 billion dollar infrastructure investment

• Connects between 52 km of new light rail transit

• Strengthen economy, ease congestion, provide easy connection to subways, buses and Go Transit.

• Will run underground from Black Creek Drive to Laird Drive, and above ground to Kennedy Station.

• Once complete, will cut transit time in half along this important mid-town corridor.

• Construction is currently underway and expected completion is 2020.

With this information in mind, we encourage you to consider Midtown for your next move, and of course give us a call when you are thinking of buying or selling.