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Financial District Condos

Financial District Neighbourhood

The Financial District is situated in the downtown core, and it is the financial heart and headquarters of Canadian capitalism. It's enveloped by Front Street to the south, Queen Street to the north, Yonge Street to the east, and University Avenue to the west.

Most of its towering skyscrapers are occupied by the corporate movers and shakers who occupy this densely populated location. Several high powered legal and accounting firms, investment banks, corporate headquarters, insurance companies, stockbrokers, different monetary banking institutions, and newly constructed condominiums are just some of the residents who call this district home. The presence of so many decision-makers has, in turn, brought in marketing companies and advertising agencies as well.

The Financial District mostly features condominiums, accounting for 98% of sales, accompanied by other condos at 2%. Condo apartments are the common trend and the majority of properties have one bedroom. The common price in the Financial District over the past year has been $468,922, an increase of 24% over the same period. The average cost to rent a condominium is $1,842, which is 14.5 percent more than the city’s overall average as reported by the Toronto Real Estate Board. Homeownership sits at 49%, whereas tenanted units stand at 51%.

Financial District Condos

Beneath the glass and steel structures that reach skywards, a whole other city thrives below the ground. The neighbourhood's vibrancy is predominantly affixed underground in the PATH system. PATH is the city's subterranean shopping/commercial complex underneath the streets.

It allows downtown residents to get to work without ever having to step foot outside. It’s lined with retail establishments making the area one of the most important shopping districts in Toronto. It is estimated that 200,000 people enter and leave the financial district each day.

Getting around is made easy with the TTC. Streetcars and buses will always be at your doorstep, and the Yonge/University subway line literally encircles the district. For those who prefer to drive, Lakeshore Boulevard and the Gardiner Expressway are just minutes away. Union Station is also a major hub of transportation because GO Transit, VIA Rail, and the subway system all intersect in one building. The Island Airport (Billy Bishop) is also in close proximity.

Although typically associated with work, this is also a neighbourhood where people live and play. A few notable examples of residential areas are around the intersections of King and Yonge, as well as Queen and Yonge. Approximately 2,239 people reside here and call the area home. Nestled right in the centre of commerce, the condo apartments are characterized by their accessibility, privacy, and grandeur. Most buildings lack a neighbourly feel at street-level, so they typically develop little communities within their walls, granting citizens as much connection or anonymity as they desire. Sidewalks are permeated with trendy restaurants filled with both tourists and locals alike. Lack of green space has resulted in a substitution of amazing works of art.

Most public parking spaces are being bought out and becoming obsolete as they make room for new luxurious condo developments. This is making the population in the financial district all that more dense. If you love being in the heart of city where everything is happening, this may be your ideal location to take up residency.

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List of  New Condos in the Financial District Neighbourhood

King Toronto Condos
Now Selling
Now Selling
Development by: Allied Properties and Westbank
533 King St W, Toronto, ON M5V 1K4
Condo Prices From The Mid $800,000's
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543 Richmond Residences
Now Selling
Now Selling
Development by: Pemberton Group
543 Richmond St W, Toronto, ON M5V 1Y6
Condo Prices From The Low $1,000,000's
Read More
The Well Condos
Now Selling
Now Selling
Development by: Tridel
410 Front Street West, Toronto, ON M5V 2S9
Condo Prices From The Low $1,200,000's
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123 Portland
Now Selling
Now Selling
Development by: Minto Group
123 Portland St, Toronto, ON M5V 2N4
Condo Prices From The High $900,000's
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504 Wellington St W
Coming Soon
Coming Soon
Development by: Lifetime Developments
504 Wellington St W Toronto, ON M5V 1E3
Condo Prices From TBA
Move in TBA
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450 Richmond St W
Coming Soon
Coming Soon
Development by: TBA
450 Richmond St W, Toronto, ON M5V 1Y1
Condo Prices From TBA
Move in TBA
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663 King St W
Coming Soon
Coming Soon
633 King St W, Toronto, ON M5V 1M5
Condo Prices From TBA
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135 Portland Street
Coming Soon
Coming Soon
Development by: ADI Development Group
135 Portland St, Toronto, ON M5V 2N4
Condo Prices From TBA
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485 Wellington St
Coming Soon
Coming Soon
Development by: Lifetime Developments
485 Wellington St W, Toronto, ON M5V 1E9
Condo Prices From TBA
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540 King St W
Coming Soon
Coming Soon
Development by: Great Gulf
540 King St W, Toronto, ON M5V 1M3
Condo Prices From TBA
Move in TBA
Read More
149 Bathurst Street
Coming Soon
Coming Soon
149 Bathurst Street, Toronto, ON M5V 2R2
Condo Prices From TBA
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457 Richmond St W
Coming Soon
Coming Soon
Development by: TBA
457 Richmond St W, Toronto, ON M5V 1X9
Condo Prices From TBA
Move in TBA
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Musee Condos
Resale
Resale
The Well Classic Series II - 1816
Assignments
Assignments
Development by: Tridel
410 Front St W
Condo Prices $1,035,000
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Minto Westside
Sold Out
Sold Out
Development by: Minto Group
27 Bathurst Street, Toronto, ON M5V 2P1
SOLD OUT
Read More
Kingly Condos
Sold Out
Sold Out
Development by: Allied Properties and RioCan Living
620 King Street W, Toronto, ON M5V 1M5
SOLD OUT
Read More
WaterWorks
Sold Out
Sold Out
505 Richmond St W, Toronto, ON M5V 3N4
SOLD OUT
Read More
RUSH Condos
Sold Out
Sold Out
Development by: Alterra
520 Richmond St W, Toronto, ON M5V 1Y4
SOLD OUT
Read More

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