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Toronto is the economic and financial engine of Canada. Many young people and working professionals study, work, and live here. The more people are attracted to the city for what it has to offer.

BETTER QUALITY of LIFE 

Toronto is widely known as one of the most diverse cities in the world.  People from different backgrounds, religions, ethnicities and cultures are warmly welcomed and people from different walks of life do not feel intimated because the city is tolerant to anyone who wants to reside there. 

Toronto by and large is a safe city to settle in. The crime rate is relatively low. 
People have different ways to be entertained and they always look to a perfect place that they will not forget in life.

As a matter of fact, Toronto can offer exciting kinds of entertainment for all ages. For example, the Entertainment District is a downtown area that offers a pack of major theatre productions, festivals, arts and more. It also has the city’s best bars for those who are fond of night life and parties. 

One of the tourist hotspots in the area are the CN Tower and Ripley’s Aquarium of Canada. The city is known to have a wide range of water sports, and not to mention the Eaton Centre, a large shopping mall that has the latest and most popular quality brands in the world. Toronto also has amazing 5-star hotels that will complete the abundance of joy.

The education sector in Toronto has grown tremendously. Toronto offers outstanding quality of learning. Its educational standards are very high. University of Toronto ranks as Canada’s premier university and one of the major universities in the world. Also, this sector currently employs over 100,000 workers
 

CAREER OPPORTUNITIES

Toronto is not just one of the most livable cities in the world but is also the financial centre of the country. Did you know that in the last 5 years, Toronto added almost 80,000 high-tech jobs that increased the growth to 54%? This has made a great impact on real estate markets and the country’s economy.

Reports also show that tech sector alone is estimated to need 216,000 employees by 2021. Google, one of the tech giants in the world had already opened a branch in the area some time ago with its sister company and will be expanding three other massive facilities soon. Once these offices are opened, it would need 5,000 employees.

Google Canada alone will bring high-income earning tech jobs to Toronto, Waterloo and Montreal by 2022. This will mean more people migrating downtown area from neighbouring regions and outside. 

As more and more people choose to come to Toronto for any of these reasons the demand for housing remains strong. 

In the next part, we will look at why it makes sense to invest in a pre-construction condo.

If you are looking to buy your home and need help with it, feel free to contact me at 647-834-9928 or send an email to [email protected].