Financial District Property Management
At the very core of Toronto lies the Financial District, an inner-city neighbourhood that is home to the city’s most important banks, and financial firms. City living comes to life in the area, as recent development and revitalization have seen a host of young and enthusiastic professionals work, play, and live within the Financial District.
Not only is the area home to some of the very best, and most prominent financial and banking firms in all of Canada, it also features some exquisite cultural, and gastronomy experiences.
Whether you’re looking to enjoy some late-night entertainment or immerse yourself on a night out on the town, from food to drink, and everything in between you’ll be captivated by what the neighbourhood has to offer.
Information on Financial District Neighbourhood
Understandably, the Financial District has mainly been the core of all financial activities in the city since the early 1850s, when a few new settlers came to the city to build a new life for themselves.
The City of Toronto has over the decades seen millions of people live in its homes and rule its streets. When it comes to city-living, the Financial District offers the best of what any resident could desire.
From business executives to laid-back couples and young professionals, there are plenty of fresh and exciting faces to encounter when residing here. The city has gained a lot of popularity in recent years after efforts were introduced to upgrade some of the parks, roads, and public areas.
After years of upgrades, and residential initiatives, experiences such as the CafeTo – the city’s largest outdoor dining experience, The Cloud Gardens, and the massive PATH underground transportation system bring locals closer to their favourite places.
The inner parts of the Financial District, as we now know, are mainly centred around big-name financial firms and multinational companies. But between the high-rise buildings and busy streets, a new life has been reimagined, as the area welcomes millions of daily visitors, tourists, and an abundance of diverse residents taking up home in one of the many apartment blocks.
There’s always something to experience in the city, and those who are lucky enough to call this neighbourhood their home share a lifestyle only some can dream of having.
If you live in the city, why would you ever need a car? The neighbourhood has a 98 walk score according to some of the latest findings. With constant upgrades to pedestrian walkways and bridges that connect buildings both above and below the ground.
The PATH system connects most of the inner-city with outlying neighbourhoods. For residents, there’s a choice of bus lines 19, 21, 72, and 97 that services the area with most stops situated on Queen Street West.
Train lines, KI, LE, LW, and UP are also available, while SUbway Line 1, with the Osgoode and St Andrews subway stations being the most popular.
For an area, this densely populated, and featuring some of the most amazing experiences Toronto has to offer, getting around by bike is an easy task with a bike score of 96.
School District Ratings
Currently, there are no accurate data available for school district ratings in the Financial District, but most of the schools here are either private or tertiary education. Some of the common schools here include Neuchatel Junior College, Downtown Alternative School, Canadian School of Management, Keystone Schools, and the Smiths School of Business.
Average Rent and Sale Prices
While the cost of living is around 7% higher than the Toronto average, rent for bachelor apartments is increasingly higher here than in any other part of the city. Some modern bachelor apartments in a recently renovated building or upgraded area can rent for anything between CAD 1,800 and CAD 2,000 per month.
A one-bedroom apartment has a median monthly rent of CAD 2,400, while two-bedroom apartments can rent for anything between CAD 2,800 and CAD 4,000 per month. Some apartments include a lot of recreational amenities for the residents, which makes it easier for residents to make use of their buildings’ gym, food market, and other facilities.
Depending on what you’re looking to purchase, a single-bedroom apartment can start at CAD 599,999, while a larger three-bedroom apartment can cost anything over CAD 1.0 million. There are smaller condos available, with asking prices starting at CAD 499,999.
Investing in Financial District
Currently one of the best real estate investment opportunities in the Financial District is the Concord Sky, with apartments starting at CAD 700,000. Additionally, investors can look at Two-Fifty Two Church, a newly released development with selling prices starting as low as CAD 599,999.
Buttonwood Property Management
Investors will find an array of investment opportunities available in the Financial District, from ultra-modern apartments to sophisticated bachelor pads – all designed to cater to the needs of the residents of the area. From picturesque skyline views to the endless selection of restaurants, bars, and boutiques available – Buttonwood is proud to affiliate itself with the local real state market in the heart of Toronto.
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Financial District Similar Listings
700-799 sq. ft