Etobicoke · Toronto Neighbourhood Guide
New Toronto
Mixed owner-and-renter and more affordable — a corner of Etobicoke with its own character.
11,345
Population
40.4
Median Age
$68,500
Median Household Income
2.2
Avg. Household Size
What It Rents For
Renting in New Toronto
$1,630
Average Rent / Month
2.7%
Rental Vacancy Rate
-15%
vs. GTA Average ($1,917)
Source: CMHC Rental Market Survey, October 2025 (Etobicoke (South) zone). Adapted from CMHC data; this does not constitute CMHC endorsement.
About New Toronto
New Toronto is a balanced mix of owners and renters — close to 44% own and 56% rent. With a median household income near $68,500, it's one of the more affordable parts of the city. Households span a range of ages and sizes — the kind of broad, mixed neighbourhood that holds value through cycles.
Rents sit below the GTA average of $1,917, keeping it accessible relative to much of Toronto. Garden suites and full renovations are the most active project types here — adding income or living space on the deep lots common across the area.
Metrohomes has been designing and building across Etobicoke since 1988. Whether you're weighing a renovation, a garden suite, a multiplex, or a custom new build in New Toronto, we bring a builder's eye to what a property can actually become.
What We Build Here
Building & Renovating in New Toronto
Free Neighbourhood Report
Transit, walkability & what’s being built in New Toronto
Run the free report for a specific New Toronto address — TTC access, walk score, growth zones, and active development nearby, in seconds.
Open the New Toronto Report →Free Property Assessment
What could you build in New Toronto?
Enter a New Toronto address for a zoning analysis, garden-suite feasibility, and the build options your lot supports — in under two minutes.
Start Your AssessmentNew Toronto FAQ
Common Questions About New Toronto
Thinking about New Toronto? Let’s talk.
We take on 7–10 projects at a time. Each one gets our full attention.