While Toronto’s Financial District is dominated by office towers for corporate headquarters and the TSX, it's also one of the ritziest neighbourhoods in Toronto. Those who have "made it" and want to prove it with breathtaking lofts and penthouse suites own some of the most expensive units in all of Toronto, perched at the top of the steel-and-glass skyscrapers here. Meanwhile, hundreds of feet down is the PATH system – an underground network of corridors lined with shops, cafes and restaurants, to cater to both the residents of the Financial District, and those who spend their working hours in the area. For those who can afford it, the Financial District is ripe with incredible food, private nightclubs, boutique shopping and neighbours with tastes as refined as yours; what you won't find are parks, peace or quiet. It's one of the city's most densified locations and sees an influx of about 100,000 people every workday.
Suits. Singles and couples who live and breathe the steel-and-glass jungle, because they spend 24 hours a day in it. Executives, entrepreneurs, moguls and elites are your neighbours.
The young and rich. If you've made it and you want to live to the beat of downtown, welcome to the Financial District.
Small-town types, renters with a budget, families, artsy types, gardeners, pet owners, students, seniors or anyone who makes less than $185,000 a year.
Settle in for the noise, the pulse, the heartbeat of downtown. It's always on, and so are the residents of the Financial District. To cope, many residents here also own property outside the downtown core, which acts as a sometime escape from the mayhem. The typical day here involves rising early and grabbing a fine coffee from one of many upscale cafes nearby, likely the one at the bottom of your elevator. Off to work from 7:30 am to 7 pm, then head to one of a kaleidoscope of posh, pricey and divine restaurants. In fact, it's cocktail hour, so why not get started? Later, it's off to your posse's favourite lounge just a block away, and around 1 am, walk right in to your local neighbourhood private nightclub for bottle service and debauchery. Catch a couple hours of sleep at some point, and do it all again.
The Financial District's housing stock is confined to modern, luxury high-rise condominiums. There are no houses to be found here. Some have views, especially the penthouses, but with so many skyscrapers around, views may often get blotted out. With so many exclusive units packed into such a confined area, the average rents and purchase prices in the Financial District soar above most other neighbourhoods (it's typical to see studio lofts and one-bedroom units listed at $3,500 a month), but that's not to say more digestible condos don't exist.
Avg. rent compared to other Toronto neighbourhoods
The Financial District is 24% higher than TO average
The Financial District is one of a handful of foodie meccas in Toronto. Favourite places to eat here include Richmond Station, the George, the Bymark, Hy's and Turf, all of which will run patrons a pretty staggering bill when it's all said and done. But there are more affordable and equally excellent options, too, like Triple A, the Gabardine and Marche. There are easily several dozen excellent coffee shops around, awesome places for lunch – whether that be a sit-down event or a five-minute window in which to grab a sandwich – as well as an endless list of pubs, lounges, bars and nightclubs. Try the Courthouse for clubbing and the Reservoir for live music.