Old Toronto · Toronto Neighbourhood Guide
University
Middle-income and renter-majority, in the heart of Old Toronto.
6,435
Population
36
Median Age
$80,000
Median Household Income
2.0
Avg. Household Size
What It Rents For
Renting in University
$2,163
Average Rent / Month
2.8%
Rental Vacancy Rate
+13%
vs. GTA Average ($1,917)
Source: CMHC Rental Market Survey, October 2025 (Toronto (Central) zone). Adapted from CMHC data; this does not constitute CMHC endorsement.
About University
University is a renter-majority neighbourhood, where about 61% of households rent. Median household income, around $80,000, tracks close to the Toronto figure. It's a mixed-age community, with a steady, settled feel.
Renting here commands a premium over the GTA average of $1,917 — a sign of sustained demand. 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.
We've been building in Old Toronto since 1988. In University, that means honest answers about what's feasible, what it costs, and what adds real value — before you commit.
What We Build Here
Building & Renovating in University
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Transit, walkability & what’s being built in University
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What could you build in University?
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Common Questions About University
Thinking about University? Let’s talk.
We take on 7–10 projects at a time. Each one gets our full attention.