Toronto is a big city, but how can you tell which neighbourhood is right for you?

Neighbourhood Guide: Downtown Toronto

Who wouldn’t want to call Toronto home? Canada’s multicultural mega-city is so diverse that there’s a downtown neighbourhood for everyone.

In this guide, we’ll go over a few of Downtown Toronto’s most popular neighbourhoods. Of course, there are lots of neighbourhoods and areas that aren’t listed here. Plus, as the city is ever-evolving when it comes to the boundaries between neighbourhoods — including where one begins and the other ends — drawing distinctions more of an art than a science.

You have to look at all your options and consider what’s important for you when it comes to choosing a place to live. Is it important to you to have lots of good options for cheap sushi? What about proximity to a gym or public transit?

Luckily, the Toronto Transit Commission (TTC) runs public transportation in Downtown Toronto through a network of buses, streetcars, and subways that connect the city very well — depending on your commute, it’s not likely that you’ll need to own a car if you’re living downtown. Additionally, Uber and Lyft operate in the city if you’re ever in a pinch.

Plus, if you’re looking to live elsewhere in the GTA, and perhaps trade cheaper rent for a longer commute, then you can check out our Neighbourhood Guide: Where To Live In Toronto.

For now, let’s dive into the different Toronto neighbourhoods in the Downtown area. Pick a neighbourhood to start, or get scrolling!


Table of Contents

What is it like to live in Downtown Toronto?

Diverse Toronto, Canada’s largest city, has a downtown that’s like a patchwork quilt of neighbourhoods each with its own distinct character. The city has great food, lots of services and recreation centres, and cool things to do that you won’t find anywhere else in Canada.

Life in downtown Toronto is exciting and the city has lots of transit options.

When you’re choosing where to live, of course, the cost of renting in Downtown Toronto will be an important factor, but which neighbourhood will be best for you? Let’s take a look at the average rent downtown and then check out each neighbourhood to see what it’s like:

Average rent in Downtown Toronto

How much is a studio apartment for rent in Downtown Toronto?

The average rent for a studio apartment in Downtown Toronto is $1,211 according to the City of Toronto in 2021.

How much is a one-bedroom apartment for rent in Downtown Toronto?

A one-bedroom apartment for rent in Downtown Toronto costs on average $1,809 as of March 2021 according to liv.rent data.

How much is a two-bedroom apartment for rent in Downtown Toronto?

Two-bedroom apartments for rent in Downtown Toronto cost $2,445 on average as of March 2021 according to liv.rent data.

How much is a three-bedroom apartment for rent in Downtown Toronto?

According to liv.rent’s Toronto Rent Report for March 2021, a three-bedroom apartment for rent in Downtown Toronto costs $2803 on average.

How much is a townhouse for rent in Downtown Toronto?

The average rent for a two-bedroom townhouse in Downtown Toronto is $1,988 according to the City of Toronto in 2021.

Downtown Toronto neighbourhoods

The Annex

Known for being tied to the University of Toronto Campus, this area does a great job at balancing between offering cheap sushi (and beer) for students while still creating a livable area for the many young professionals who also call this part of town home. Bonus: some of the best transit options in the city are here.

Average apartment rent in The Annex

If you’re looking for an apartment for rent in the Annex neighbourhood, expect to pay around $1,390 for a studio. One-bedrooms here go for an average of $1,799, while two-bedroom and three-bedroom places go for $2,696 and $3,188 respectively.

Source: Zumper

Average House Price in The Annex

Apartment $1.7 million
Detached Home $2.2 million
Townhouse $1.9 million

Source: Zolo

Schools in The Annex

The main school in this neighbourhood is the Huron Street Junior Public School which is part of the Toronto District School Board.

For post-secondary institutions, there's the University of Toronto located here in The Annex, which is one of the country's top-rated universities.

There are also a couple of private schools in the area like the all-boys grade 3 to 12 Royal St. George’s College and the co-ed Howlett Academy.

For post-secondary institutions, there’s the University of Toronto located here in The Annex, which is one of the country’s top-rated universities.

Transportation in The Annex

This is a well-connected neighbourhood by transit because both Line 1 Younge-University and Line 2 Bloor-Danforth intersect, offering greater access to the larger subway network. There are also a handful of bus routes in the area.

Here are the main TTC subway stations in The Annex:

  • Dupont Station, access to Yonge-University
  • St. George Station, access to both Yonge-University and Bloor-Danforth
  • Spadina Station, to Yonge-University and Bloor-Danforth lines plus the 510 Spadina streetcar that can take you all the way to union station
  • Bathurst Station, access to Bloor-Danforth

Sports & Recreation in The Annex

Food & Entertainment in The Annex

The best food in The Annex

Since this neighbourhood surrounds the U of T campus where more than 60,000 hungry students study, there are lots of affordable sushi spots, pizza joints, and fun places to grab a bite with friends.

  • Fuwa Fuwa — fluffy Japanese souffle pancakes that are light as a cloud
  • Detroit Pizzeria — Detroit-style square-shaped pizza with tasty toppings make this popular pie place a must-try
  • Kinka Izakaya — from sushi to Japanese pub-fare, this Izakaya is very popular
  • Fresh — fill up on healthy burgers, wraps, flatbreads, fresh bowls juices, and other healthy bites at this spot with lots of locations across the city
  • Sushi on Bloor — for when you need to fill up on sushi, your dollar goes far here!

Things to do in The Annex

Tourist attractions in The Annex

  • Casa Loma — this breathtaking castle just north of The Annex gets decked out for the holidays each year and is a must-see in Toronto
  • Royal Ontario Museum — to see some of Canada’s best exhibitions of culture, art, and nature, check out this popular museum on a rainy day

Yorkville

Toronto’s flashiest and fanciest neighbourhood is filled with galleries and high-end retailers on “Mink Mile” along Bloor street. It’s one of the most beautiful and coveted places to live in the city for those who can afford it.

When it comes to apartment rentals in Yorkville, studio bedrooms rent for an average of $1,704 while one-bedrooms go for $2,050.

Average apartment rent in Yorkville

When it comes to apartment rentals in Yorkville, studio bedrooms rent for an average of $1,704 while one-bedrooms go for $2,050. Two-bedrooms can set you back $3,916 a month and for a three-bedroom, it’s even more at $4,600 on average.

Source: Zumper

Average House Price in Yorkville

Apartment $835,900
Detached Home $2.2 million
Townhouse $1.5 million

Source: TRREB

Schools in Yorkville

For youth in Yorkville, the main public school is the Jesse Ketchum Junior and Senior Public School and it’s part of the Toronto District School Board.

There is also the Dalton School here which is Toronto’s only fully immersive English Mandarin school.

Transportation in Yorkville

Like The Annex, Yorkville has great transit options thanks to the conjunction of both the Younge and Bloor lines. There are also a couple of helpful bus routes in Yorkville.

Here are the main TTC subway stations in Yorkville:

  • Bay Station, access to Bloor-Danforth
  • Bloor-Yonge Station, access to both Bloor-Danforth and Yonge-University

Sports & Recreation in Yorkville

Food & Entertainment in Yorkville

The best food in Yorkville

Some of the splashiest restaurants can be found here amidst a mish-mash of Italian restaurants, Japanese spots, and old-school eateries.

  • Sotto Sotto — for authentic and filling Italian food almost too beautiful to eat, you’ll want to treat yourself here
  • Jacques Bistro du Parc — this French restaurant is a great place to go for a nice weekend brunch (hello, swiss cheese and onion omelette) or a fancy romantic dinner
  • Holt’s Cafe Toronto — for a classic Yorkville experience, eat at the cafe inside the Holt Renfrew department store and grab a Holts burger with some truffle fries
  • Hemmingway’s Restaurant & Bar — another famous spot in Toronto, bring your friends to their rooftop patio here
  • Sassafraz — this bright and airy restaurant is a great place to split a cheese board with your significant other or indulge in some weekend brunch

Things to do in Yorkville

Tourist attractions in Yorkville

  • Gardiner Museum — this ceramics museum is sure to capture your attention if you love crafts and making things with your hands
  • Bata Shoe Museum — one of the funkiest little museums in the city, it’s all about the art and culture of shoes
  • Eataly — a paradise for lovers of Italian food, this market/food court lets you eat your way through the flavours of Italy

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Cabbagetown

Beautiful Cabbagetown is filled with idyllic tree-lined streets and beautiful Victorian homes. There’s also a popular park right along Don River here where locals from all over Toronto like to check out trails and play.

Average apartment rent in Cabbagetown

If you are looking to rent a condo in Toronto’s Cabbagetown neighbourhood, an average studio apartment costs $1,284. For one-bedrooms, it’s $1,587. Two-bedroom and three-bedroom apartments typically go for around $2,229 and $4,600 accordingly.

Source: Zumper

Average House Price in Cabbagetown

Apartment $681,000
Detached Home $2.2 million
Townhouse $1.6 million

Source: Zolo

Schools in Cabbagetown

There are a number of TDSB public schools for kids in Cabbagetown including:

Transportation in Cabbagetown

Cabbagetown has slightly fewer transit options than the highly connected Annex or Yorkville neighbourhoods, so there are no subway stations here. However, there are still bus and tram routes that keep the area connected to the rest of Toronto and link up to the subway lines.

Here are the main TTC tram stations in Cabbagetown:

  • Carlton St at Sherbourne St, access to the 306 Carlton streetcar and 506 Carlton streetcar
  • Gerrard St East at Sumach St, access to the 306 Carlton streetcar and 506 Carlton streetcar

Sports & Recreation in Cabbagetown

Cabbagetown has a big park where people can go for a run.

Food & Entertainment in Cabbagetown

Hope you like pubs and Italian food because Cabbagetown has great options for pasta, pizza, and beer-lovers.

The best food in Cabbagetown

  • BLCK. — this BBQ spot has tasty ribs, chicken, and steak plus famous sweet milkshakes that go down smooth
  • House on Parliament — an old-school pub perfect for a pint or two with friends
  • Dova — this luxurious Italian spot will impress on date night
  • The Irv Gastro Pub — if you want to fill up on meat, grilled cheese, and poutine then this could be your new favourite weekend spot
  • Salt & Tobacco — for fresh pizza, wings, and salads this top-rated local joint is a tasty pick

Things to do in Cabbagetown

  • Riverdale Park West — get in your steps on the Big Grind staircase and hang out in the park on a sunny afternoon with friends
  • Allan Gardens — these indoor botanical gardens filled with plants and blooms will brighten any day
  • Wellesley Park — this family-friendly park is perfect for visiting on hot sunny days

Tourist attractions in Cabbagetown

  • Riverdale Farm — a little farm in the big city to give you a taste of the simple life
  • Toronto Necropolis — one of the cities oldest cemeteries, you’ll be impressed at this peaceful and beautiful place

Kensington Market/Chinatown

Kensington Market and Chinatown have some of the most distinct characters in Toronto and it can be touristic for that reason — they want to see the “real” Toronto! This area is funky, favours local independent retailers to big box stores, and of course, has lots of good food.

Average apartment rent in KensingtonMarket/Chinatown

Toronto apartments in the Kensington Market and Chinatown area will rent for an average of $1,695 for a one-bedroom, $2,181 for a two-bedroom, and $2,900 for a three-bedroom.

Source: Zumper

Average House Price in Kensington Market/Chinatown

Apartment $726,000 
Detached Home $2.8 million
Townhouse $1.4 million

Source: Zolo

Schools in Kensington Market/Chinatown

There are a handful of public Toronto District School Board schools for kids in the Kensington Market and Chinatown area including Ogden Junior Public School, Heydon Park Secondary School, and Kensington Community School.

Transportation in Kensington Market/Chinatown

The Kensington Market and Chinatown areas have tramlines that connect the neighbourhoods to the rest of Toronto. There are not TTC subway stations located in this area, although the closest stations would be Osgoode (Yongue line) or Bathurst (Bloor line.)

Here are the main TTC tram stations in Kensington Market/Chinatown:

Sports & Recreation in Kensington Market/Chinatown

Food & Entertainment Kensington Market/Chinatown

From Asian cuisine to new-school eateries, the food in this area is among the best in the city.

From Asian cuisine to new-school eateries, the food in this area is among the best in the city.

The best food in Kensington Market/Chinatown

  • Egg Bae — get stuffed at brunch on one of these Instagram-famous breakfast sandwiches
  • Grey Gardens — one of the city’s most buzzed-about restaurants is a sleek and modern must-eat in Toronto
  • Pow Wow Cafe — savour indigenous cuisine in the form of “Indian tacos” at this cravable cafe
  • Yin Ji Chang Fen Chinatown — taste some traditional flavours and fill up on savoury Chinese rice rolls here
  • Goldstone Noodle — all-day dim sum and BBQ duck hanging in the window make this Chinatown spot very legit
  • Ten Miles BBQ — for when you’re hungry for Sichuan-style food so spicy it clears your sinuses, check out this spot

Things to do in Kensington Market/Chinatown

Tourist attractions in Kensington Market /Chinatown

  • The AGO — the iconic architecture of the Art Gallery of Ontario is stunning enough, but the inside is filled with even more treasures
  • Spadina Avenue — walk along one of the city’s main streets to get a feel for Toronto

The Financial District

The densest and most urban part of the city is the Financial District, so named for the many banks and financial institutions here. Some of the things that make Toronto distinctly Toronto are found here like the CN Tower and a couple of other hidden gems you’ll want to find.

Average apartment rent in the Financial District

The Financial District is one of the more expensive neighbourhoods in Toronto

The Financial District is one of the more expensive neighbourhoods in Toronto. Studios average $1,910 in monthly rent while one-bedrooms are $2,207. For two and three bedrooms, expect to pay around $2,940 and $4,009.

Average House Price in the Financial District

Apartment $657,900
Detached Home $1.3 million
Townhouse $881,600

Source: TRREB

Schools in the Financial District

There are very few educational institutions within the Financial District. A couple of exceptions are for post-secondary options including Wilfrid Laurier University and the Canada School of Public Service.

Transportation in the Financial District

The Financial District is well connected by the TTC and Union Station, which is like Toronto’s Grand Central Station, is located here. Plus, two tram lines traverse the neighbourhood, so there is no shortage of transit options here!

Here are the main stations in the Financial District:

Sports & Recreation in the Financial District

Food & Entertainment in the Financial District

The best food in the Financial District

Expect to find some of the flashiest and biggest names in food here to give you the most up-to-date and accurate snapshot of the cuisine Toronto is capable of producing.

  • PLANTA Cocina — fresh and flavourful tacos and margaritas await you at this new outpost of the PLANTA restaurants
  • Lena — one of the most beautiful restaurants in the city serves South American cuisine
  • Momofuku Toronto — celebrity chef David Chang’s famous Momofuku Noodle Bar can be found here
  • Canoe — upscale Canadian food is served up here alongside one of the coolest views in the whole city including the iconic CN tower

Things to do in the Financial District

  • PATH — this underground walkway is almost 30 kilometres of tunnels that wind and connect beneath the city and it’s the world’s largest underground shopping centre.
  • The Distillery District — this enclave of art, history, and good food is a popular spot for locals and tourists to take in some of Toronto’s most charming shops and restaurants

Tourist attractions in the Financial District

  • CN Tower — Toronto’s most recognizable building, it’s worth heading up to the observation deck at least once to catch the views
  • Allen Lambert Galleria — this breathtaking covered walkway connects some of the most important buildings in the area together in an eye-catching way and is worth a stroll on a mid-day lunch hour
  • Gooderham Building — Toronto’s answer to New York City’s Flat Iron building, this stunning piece of architecture is worth stopping to take a photo at

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Harbourfront

This sliver of Toronto between the lake and the rest of downtown is where the city’s summer festivals take place. Catch a ferry and explore one of Toronto’s islands while you’re here and walk along the shores of Lake Ontario.

Average apartment rent in Harbourfront

For those who are looking to rent in Toronto's Harbourfront neighbourhood, expect to pay $1,777 for a studio

For those who are looking to rent in Toronto’s Harbourfront neighbourhood, expect to pay $1,777 for a studio. One-bedrooms and two-bedrooms go for around $1,900 and $2,766 respectively. Meanwhile, if you want a three-bedroom, the average rent is $3,933.

Source: Zumper

Average House Price in Harbourfront

Apartment $657,900
Detached Home $1.3 million
Townhouse $881,600

Source: TRREB

Schools in Harbourfront

There are a handful of public TDSB schools in the area including The Waterfront School, alternative high school City School, and Jean Lumb Public School.

Transportation in Harbourfront

Although the small Harbourfront neighbourhood is close to Union Station, it’s not well connected to the subway system. There are two main tram lines in the area that link it to the rest of the city:

Sports & Recreation in Harbourfront

Food & Entertainment in Harbourfront

You can’t really go wrong in the Harbourfront area so just pick a spot, maybe a place with a waterfront patio, and enjoy!

The best food in Harbourfront

  • The Goodman Pub & Kitchen — one of the best patios right on the water this is a great place to kick off the weekend with friends over bites and beers
  • Indian Roti House — every Torontonian will have their go-to roti join,t and this one is one of the best in the neighbourhood for filling Indian food
  • Chen Chen’s Nashville Hot Chicken — when you’re craving the unique heat of Nashville hot chicken, this spot will serve up a sandwich that will please

Things to do in Harbourfront

  • HTO Park — sit under a sunny yellow umbrella and chill at the beach at this park just steps from downtown.
  • Harbour Square Park — watch the ferries and eat lunch out in the fresh air, catching the breeze off of the lake at this city park

Tourist attractions in Harbourfront

  • Immersive Van Gogh Exhibit — walk through “Starry Night” and “Sunflowers” at this exhibit that turns art into an experience

West Queen West

Toronto is an ever-evolving city, but as of right now, the consensus is that artsy West Queen West is simply the hippest part of town — even Vogue magazine agreed in 2014. So if being in the trendy part of Toronto appeals to you, then let’s take a look at what’s in the neighbourhood:

Toronto's Queen Street West Neighbourhood is a popular place to live.

Average apartment rent in West Queen West

Toronto apartments for rent in the Queen Street West neighbourhood go for an average of $1,580 for a studio and $1,900 for a one-bedroom. For those who need more space, two-bedrooms go for $2,392 and three-bedrooms go for $3,328.

Source: Zumper

Average House Price in West Queen West

Apartment $657,900
Detached Home $1.3 million
Townhouse $881,600

Source: TRREB

Schools in West Queen West

There are a couple of public schools for children that are part of the Toronto District School board in this neighbourhood including Charles G Fraser Junior Public School, Niagara Street Junior Public School, Givins/Shaw Junior Public School.

Notably, there is the University of Toronto School here, which is Canada’s only preparatory school for grades 7 to 12 based on merit that’s affiliated with a university, in this case, the nearby University of Toronto.

Transportation in West Queen West

There are no subway stations in West Queen West, although the area is connected by the TTC’s Queen tram lines:

Sports & Recreation in West Queen West

Food & Entertainment in West Queen West

You’ll find an eclectic mix of trendy food and drinks in West Queen West so just follow your nose and you’ll be good no matter what you’re craving.

The best food in West Queen West

  • The County General — filling, stick-to-your-ribs country food can be found here plus a great weekend brunch
  • Terroni — this Italian joint (with a surprising number of vegan options) has been a staple of the neighbourhood for almost 30 years.
  • Nunu — this small but compelling Ethiopian place is a must-try in the neighbourhood
  • Loaded Pierogi — the name kind of gives it away, but you can get filling pierogis topped with everything from mushrooms and cheese to butter chicken here

Things to do in West Queen West

  • Trinity Bellwoods Park — this big park is a place where Torontonians gather in winter for the rink and in summer for the grass
  • The Drake Hotel — this funky Drake hotel is a must-see in Toronto, try their Drake 150 restaurant too, a modern brasserie that serves some of the best food in the city

Tourist attractions in West Queen West

  • Graffiti Alley — this corridor is a must-see for inspiring and ever-changing street art
  • Queen Street — walk along this street filled with galleries, restaurants, and some of the hippest shops in Toronto

Parkdale/Roncesvalles

The Parkdale and Roncesvalles area is in Toronto’s West End. It’s got more green space than other downtown neighbourhoods and it’s a bit more -family and budget-friendly while still having an incredible array of diversity to keep it interesting.

Average apartment rent in Parkdale/Roncesvalles

To rent apartments in the Parkdale area, studios go for $1,296, one-bedrooms go for $1,594, two-bedrooms go for $2,194, and three-bedrooms go for $2,912 on average.<br><br>In the neighbouring Roncesvalles Village area, average monthly rent is a bit more: $1,595 for studio, $1,779 for a one-bedroom, $2,323 for a two-bedroom, and $3,600 for a three-bedroom.

To rent apartments in the Parkdale area, studios go for $1,296, one-bedrooms go for $1,594, two-bedrooms go for $2,194, and three-bedrooms go for $2,912 on average.

In the neighbouring Roncesvalles Village area, the average monthly rent is a bit more: $1,595 for a studio, $1,779 for a one-bedroom, $2,323 for a two-bedroom, and $3,600 for a three-bedroom.

Source: Zumper & Zumper

Average House Price in Parkdale/Roncesvalles

Apartment $743,000
Detached Home $1.8 million
Townhouse $1.3 million

Source: Zolo

Schools in Parkdale/Roncesvalles

There are a number of elementary and secondary public schools in the Parkdale/Roncesvalles area that are part of the Toronto District School board including:

Transportation in Parkdale/Roncesvalles

This area of Downtown Toronto has no subway stations but a few convenient tram lines including:

Sports & Recreation in Parkdale/Roncesvalles

Food & Entertainment in Parkdale/Roncesvalles

This area encompasses African, Tibetan, and Polish neighbourhoods so the food options are incredible.

The best food in Parkdale/Roncesvalles

  • The Momo House — every culture has its dumplings, and Tibetan momos are among the best kind of dumplings
  • Cafe Polonez — for Polish food including cabbage rolls and sausage, this place will fill you right up
  • Juniors — for big pizza pies that will feed the whole family, put a smile on everyone’s faces at this place
  • Matt’s Burger Lab — if you can’t stand a boring burger, try this joint where they turn the concept on its head
  • Ali’s West Indian Roti Shop — for doubles, curries, and rotis — grab some food to take home from this little spot

Things to do in Parkdale/Roncesvalles

  • Revue Cinema — this iconic local community heritage theatre plays second-run movies and a mix of other fun bits of cinema
  • High Park — filled with cherry blossoms in the spring, sunseekers in the summer, and Torontonians getting fresh air all year long, this is one of the best and most popular parks in the entire city

Tourist attractions in Parkdale/Roncesvalles

Liberty Village

A newer neighbourhood that’s still in the midst of defining its character but sits right next to Parkdale, there are lots of new condos in Liberty Village where a younger crowd has moved in to be close to the centre of Toronto.

Average apartment rent in Liberty Village

Your average studio apartment for rent in Liberty Village will be about $1,499 per month. If you want a one-bedroom, expect to pay $1,871. For even more room, a two-bedroom or three-bedroom will set you back a lot more at $2,516 and $4,700 respectively.

Source: Zumper

Average House Price in Liberty Village

Apartment $627,200
Detached Home $1.5 million
Townhouse $607,700

Source: TRREB

Schools in Liberty Village

There are not many educational institutions in Liberty Village. There is, however, the Toronto Academy of Acting for Film and Television for budding actors.

Transportation in Liberty Village

Liberty Village has a couple of unique transit stations in the area although it is not well-connected to the rest of the city by subway stations. Here are the main transit hubs in the neighbourhood:

  • Dufferin Gate Loop, access to the King tram line & other bus routes like the 29 Dufferin
  • Exhibition GO, access to the GO transit line

Sports & Recreation in Liberty Village

Food & Entertainment in Liberty Village

Food & Entertainment in Liberty Village

The best food in Liberty Village

You’ll find a good mix of food here, including some of the cities best brunch spots.

  • Brazen Head — a local popular Irish pub, this is the best place to go for a pint after work with friends
  • Mildred’s Temple Kitchen — whether it’s brunch, burgers, or duck on waffles, this eclectic restaurant will feed you well
  • School — don’t let the name confuse you, this restaurant is one of the cities most-loved brunch hot spots and serves towering stacks of colourful pancakes

Things to do in Liberty Village

  • Liberty Village Park — this green space is small but very popular in the area
  • Walk to the lake — this neighbourhood is just 10 minutes from the shore after all!

Tourist attractions in Liberty Village

>> Recommended Reading: Ontario Standard Lease Explained


Whether you want to be in one of Toronto’s funkier neighbourhoods or right in the urban centre, there’s probably a place that’s going to be a great fit for you.

If you need help finding a rental in your ideal neighbourhood, then liv.rent is full of great listings. Plus, you can reach out to our team and we’ll be happy to help point out a few great options for you.


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