Old Toronto · Toronto Neighbourhood Guide
North Toronto
A more affordable, renter-majority pocket of Old Toronto.
15,885
Population
35.2
Median Age
$70,000
Median Household Income
1.7
Avg. Household Size
What It Rents For
Renting in North Toronto
$2,057
Average Rent / Month
3.3%
Rental Vacancy Rate
+7%
vs. GTA Average ($1,917)
Source: CMHC Rental Market Survey, October 2025 (Toronto (North) zone). Adapted from CMHC data; this does not constitute CMHC endorsement.
About North Toronto
North Toronto is a renter-majority neighbourhood, where about 81% of households rent. With a median household income near $70,000, 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 track close to the GTA average of $1,917, making it a practical part of the city for buyers and tenants alike. For investors and owners eyeing a high-demand, transit-rich pocket, the relevant questions are about multiplex potential and purpose-built rental — the build-and-hold strategies we evaluate with construction-informed due diligence.
Metrohomes has been designing and building across Old Toronto since 1988. Whether you're weighing a renovation, a garden suite, a multiplex, or a custom new build in North Toronto, we bring a builder's eye to what a property can actually become.
What We Build Here
Building & Renovating in North Toronto
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Transit, walkability & what’s being built in North Toronto
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What could you build in North Toronto?
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Common Questions About North Toronto
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We take on 7–10 projects at a time. Each one gets our full attention.