With a population of approximately 650,000, North York is Old Toronto’s northern neighbour. Originally it’s own municipality, the region was amalgamated into the Greater Toronto Area in 1998. The second-largest division of the city, North York stretches across the northern borders of Toronto – bordering Vaughan and Markham to the north, Etobicoke and the Humber River to the west, and Scarborough to the East.
North York is in many ways the gateway to the north of Ontario – Richmond Hill, Newmarket, Barrie, and the Muskoka region are all just a short drive away on Highway 400. For travellers, the rest of the province is just as convenient to reach, with highways like the 404, the Allen Road, the Don Valley Parkway, and the busiest section of the 401 all making their crossings in North York.
And you’re not too far from the city centre, either – two lines of the TTC reach into North York. The Line 1 Yonge–University, one of Toronto’s busiest subway lines, is notably shaped like the letter “U”, and both ends cross into North York, with destination stops like Yorkdale, Wilson, Downsview Park, York University, and North York Centre. Line 4 Sheppard Subway line meanwhile, runs from Sheppard-Yonge station to Don Mills and is entirely within the boundaries of North York
Other public transit services operate within North York – York Regional Transit (YRT), which runs unparalleled bus services throughout the region, and GO Transit whose commuter rails and bus services reach all across the Greater Toronto area. Both are easily accessed from TTC stops, and so within North York, the entire GTA is at your fingertips.
North York Centre, once the location of the former city’s government, is well known for hosting the headquarters of many national and international businesses and organizations. Companies like McDonald’s Canada, Home Depot Canada, Concorde, Foresters Insurance, TD Bank and Bell all hold head offices within the region providing countless jobs.
Downsview Airport, located just west of North York Centre, employs nearly two-
thousand workers, and is expected to grow within the next ten years as construction begins on an Aerospace Hub at Downsview Park. The first phase of this hub – Centennial College Aerospace campus – is complete, providing programs in aviation technology and aerospace manufacturing engineering. Private partners including Bombardier, Honeywell, MDA Corporation, Pratt & Whitney Canada, Ryerson University, as well as the Government of Ontario and the Government of Canada hope the hub will prepare Canada to compete in the increasingly competitive global aerospace industry.
Health Care and Retail continue to be booming job markets for North York, with shopping malls like Fairview Mall, and Yorkdale Shopping Centre, as well as North York General Hospital, Humber River Regional Hospital and Sunnybrook Health Sciences Centre.
North York might be best known for it’s post-secondary schools like York University and Seneca College, as well as Centennial College’s burgeoning Downsview Park Aerospace Campus. With recent connections to the TTC lines, it has never been easier to commute, or set down roots close to these growing North York institutions.
Parents have plenty of choices for their children’s educations in North York – four public school boards operate within the region. For French Language education, there are Conseil scolaire catholique MonAvenir, Conseil scolaire Viamonde, for Catholic and secular curriculums, respectively. And in english, the Toronto Catholic District School Board, and the Toronto District School Board.
And parents and children alike can enjoy countless parks and green spaces within the region, the most notable of which is the famous Downsview Park. With a dedicated stop on the TTC, Downsview Park is a destination unto itself. Walking Trails, Orchards, even a play zone make the 240 hectare parkland a hub for the community, and a popular location for festivals, picnics, and concerts.
Average household income
North York is a deeply diverse place, and with that comes diverse income levels. With an average income of $70K, and an average salary is C$44K, North York continues to see diversity in it’s job market and employment.
Condo/ Housing trend
With hundreds of condominiums for sale, North York is one of the fastest-growing regions of Toronto, and a place where growth is expected to continue for decades. Property values are steadily increasing, and new listings hold a $686 price per square foot.
Pre-construction condos in the city average in the low $400K price range, and tick up every year, largely due to the growth the region has continued to enjoy over the last half-century. Students, thriving immigrant communities, as well as new families are all looking to call North York their home, and that combined with it’s close proximity to the city centre are making North York a booming, desirable location for development and investment.
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Projects in the Neighbourhood
Azura Condos Assignment (3 Bedroom)
15 Holmes Avenue, North York, ON, Canada
By: Capital Developments