Toronto neighbourhoods with the most new construction starts in the first half of 2023
Construction activity in Ontario in 2022 was just slightly below the peak levels reached in 2021, and the Greater Toronto Area continues to lead within the province.
In the first half of 2023, according to Canada Mortgage and Housing Corporation, approximately 17,500 new units (that includes apartments as well as single and detached houses) were started within the City of Toronto. That is slightly less than last year.
In our analysis we look at 10 Toronto neighbourhoods that attracted the highest number of new starts. Look out for more neighbours moving in soon!
Let's start with a high level view using graphs and maps of Toronto:
Where in the city
Top 10 neighbourhoods
Below is the list of 10 Toronto neighbourhoods with the most new construction starts so far this year:
1. Downtown Yonge East |
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2,286 starts (2286
apartments)
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2. St Lawrence-East Bayfront-The Islands |
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1,856 starts (1856
apartments)
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3. Wellington Place |
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1,387 starts (1387
apartments)
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4. Annex |
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1,193 starts (1190
apartments)
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5. Tam O'Shanter-Sullivan |
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871 starts (870
apartments)
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6. Junction-Wallace Emerson |
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842 starts (841
apartments)
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7. Yonge-Bay Corridor |
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821 starts (821
apartments)
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8. Greenwood-Coxwell |
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772 starts (770
apartments)
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9. North Toronto |
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648 starts (648
apartments)
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10. Harbourfront-CityPlace |
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586 starts (586
apartments)
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What about my neighbourhood?
Or find neighbourhood by postal code
Check out our daily Facebook posts for highlights of each of the neighbourhoods on the list.
Up Next
In the next article we will review Toronto neighbourhoods most favored by families with children.
