Reach Out

A Guide To Central Toronto Real Estate

Central Toronto is a lively section of the city where everything you need is right outside your door. You’ll be close to bustling markets, the scenic lakeshore, and an exciting nightlife. Toronto Metropolitan University (formerly Ryerson University), George Brown College, and The University of Toronto are also located in Central Toronto. With a variety of lifestyle options, it’s no wonder so many people choose to live here.

Neighbourhood Stats

Detached

Average Price

$2,509,026

New Listings

349

Homes Sold

200

Days On Market

27

* Source: TRREB November 2024

Semi-Detached

Average Price

$1,465,422

New Listings

77

Homes Sold

66

Days On Market

21

* Source: TRREB November 2024

Townhouse

Average Price

$1,390,273

New Listings

45

Homes Sold

22

Days On Market

25

* Source: TRREB November 2024

Condo

Average Price

$748,155

New Listings

1,706

Homes Sold

740

Days On Market

37

* Source: TRREB November 2024

About Central Toronto Real Estate

There are plenty of areas in Central Toronto that cater to different cultures, including places like Chinatown and Little Italy, as well as vibrant Kensington Market which has a strong Latin and Caribbean influence. There are also a wide variety of restaurants, bistros, diners, and cafes offering a range of cuisines from around the world.

Central Toronto’s Iconic Sights & Landmarks

Some of Canada’s greatest galleries and museums are located in Central Toronto. The Royal Ontario Museum (ROM) is at Bloor Street West and Queen’s Park, while the Art Gallery of Ontario (AGO) is located on Dundas Street West between Beverley Street and McCaul Street.

Several annual celebrations take place in Central Toronto, including:

  • Canadian National Exhibition (CNE)
  • Toronto Caribbean Carnival, Toronto International Film Festival (TIFF)
  • Toronto Pride
  • The Toronto Light Festival
  • Doors Open Toronto

The CN Tower, Toronto Music Garden, Harbourfront Centre, St. Lawrence Market, Eaton Centre, Yonge-Dundas Square, Nathan Phillips Square, and the exquisite retail corridor along Bloor Street are all found in Central Toronto. Toronto Island is a short ferry ride from Harbourfront, where you can grab a bite to eat, picnic in the park, or visit Centreville Amusement Park.

Excellent transit options including the subway, street car, and bus are available at almost every corner. Commuters can also catch the Via Rail train at Union Station at Bay Street and Yonge Street. There is also direct access to the Gardiner Expressway and Highway 401.

Real estate in Central Toronto

In areas like the Financial District and South Core, iconic skyscraping condo buildings line the streets, while contemporary low rise condominiums are found in Harbourfront. In areas like The Annex, Little Italy, and Grange Park, you’ll find row houses and Victorian multi-storey homes, some which have been converted to multi-unit residences.

Who Lives in Central Toronto

Residents tend to be university students, faculty, and staff, as well as corporate professionals and their families.

Our community favourites

Stop by the St. Lawrence Market on a Saturday or Sunday to peruse thousands of products from hundreds of vendors including bakers, butchers, florists, and other artisans before making your way to the scenic lakeshore to enjoy a stroll while taking in the waterfront views.