Best neighbourhoods in Toronto
Toronto's best neighbourhoods by the numbers cluster downtown. Places like King West, the Financial District, and Moss Park lead the pack, with median incomes topping $120,000. People here are highly educated too. About 4 in 10 residents citywide have a bachelor's degree or higher, and in these top spots it climbs as high as 8 in 10.
These are dense, young areas. Population density runs around 6,100 people per square kilometre citywide, and most residents in the top neighbourhoods are in their 30s. Housing costs bite though. Close to a third of households spend more than 30% of their income on housing.
How Toronto stacks up vs Ontario
Bars are the Torontoaggregate's percentile rank vs Ontario's 20,000+ census Dissemination Areas.
Top neighbourhoods in Toronto
| Neighbourhood | Median income | Median age | University-educated |
|---|---|---|---|
| 1. Fashion District · Toronto | $127,000 | 32.4 | 76.7% |
| 2. Financial District · Toronto | $122,000 | 32.4 | 77.0% |
| 3. Old Town · Toronto | $121,000 | 35.2 | 76.3% |
| 4. Metropolitan Movers Toronto - Moving Company · Toronto | $109,000 | 31.0 | 81.0% |
| 5. King West Village · Toronto | $116,000 | 32.0 | 69.8% |
| 6. Central Waterfront · Toronto | $127,000 | 50.8 | 66.1% |
| 7. Wellington Place · Toronto | $106,000 | 29.4 | 79.3% |
| 8. Harbourfront-CityPlace · Toronto | $98,000 | 30.6 | 78.4% |
| 9. Yorkville · Toronto | $113,000 | 36.4 | 64.9% |
| 10. Church-Wellesley · Toronto | $99,000 | 33.2 | 73.0% |
| 11. Riverside · Toronto | $115,000 | 34.4 | 64.2% |
| 12. Canary House · Toronto | $105,000 | 34.4 | 66.1% |
| 13. Fort York · Toronto | $104,000 | 32.4 | 65.7% |
| 14. Corktown · Toronto | $111,000 | 35.6 | 61.1% |
| 15. Swansea · Toronto | $113,000 | 35.2 | 60.7% |
| 16. Downtown Yonge · Toronto | $88,000 | 29.8 | 72.8% |
| 17. St. Lawrence · Toronto | $106,000 | 37.6 | 59.6% |
| 18. Minto Midtown · Toronto | $92,000 | 36.4 | 64.6% |
| 19. West Queen West · Toronto | $94,000 | 32.0 | 62.1% |
| 20. Henry Farm · Toronto | $81,000 | 32.4 | 67.2% |
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Common questions
What are the best neighborhoods in Toronto?
By income and education, King West, the Financial District, and Moss Park come out on top. All three have median incomes above $120,000 and more than three quarters of residents hold a university degree.
What are the best neighborhoods in Toronto to live?
The top-ranked spots are downtown and dense, think King West, Financial District, and the Entertainment District. Expect a young, educated crowd and a real housing cost squeeze, with about a third of households putting over 30% of income toward housing.
What are the best neighborhoods in Toronto for schools?
This list ranks by income and education, not school quality directly. Worth knowing before you look here for schools: these downtown neighbourhoods skew young, with only about 14% of residents under 15 citywide, so they're not the most family-heavy picks.
What are the richest neighborhoods in Toronto?
King West and South Core both post median incomes around $127,000, the highest on this list. Financial District and Niagara aren't far behind, both above $120,000.