Downtown Core
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Downtown Toronto’s population grew by 16% between 2016 - 2021
Toronto is the largest city in Canada and its economic, cultural, film, and tech capital. It is also home to many of the country’s top academic institutions, hospitals and research facilities, and recognized internationally for its diverse and vibrant communities. Toronto’s thriving local economy and investment opportunities have made the city an attractive destination for businesses and new residents. With Canada’s historically high immigration targets, the city and surrounding regions have seen record population growth in recent years — with little signs of slowing down.
Visualizing commercial and residential development currently underway identifies neighbourhoods where future population growth and density are projected.
The Shift Toward Residential
Increasing population, demand for housing, planning policy, economic activity and investment have all contributed to the surge in new construction, most visible in the form of high-rise condominiums. More than 500,000 people are expected to live in the Downtown Core by 2041.
Approximately 90% of high-rise development in Toronto has been residential or mixed-use residential, and has been referred to locally as ‘The Condo Boom’.
Tall Neighbours
Since the mid-2000’s, Toronto has seen more high-rise development than any city in North America, repeatedly topping lists like RLB’s Crane Index, which recorded a staggering 238 construction cranes in Toronto during Q1 of 2023. There are currently more than 100 high-rises under construction and an additional 300 proposed or approved across the city. With third highest number of skyscrapers in North America, Toronto is soon expected to overtake Chicago, which currently ranks second behind New York City.
Skyscraper City
Toronto currently has the third highest number of skyscrapers in North America and is expected to overtake Chicago, second only to New York City.
3 Supertall Skyscrapers are under construction in Toronto — an additional 5 are proposed.
A Skyline Transformed
Toronto’s skyline is on pace for its most transformative decade yet, with a record number of high-rises currently in development.
Entertainment District
Significant height and density is coming to Toronto’s Entertainment District, including over 20,000 residential units across more than 50 towers.
Bloor-Yorkville
There are over 18 high-rise buildings in development in the Bloor-Yorkville area, and more than 11,000 residential units proposed or under construction.
Yonge and Gerrard
Over the next decade, a number of towering residential skyscrapers will transform Yonge and Gerrard into one of the tallest intersections in Toronto.
University-
Dundas
Approximately 5,800 residential units are proposed or under construction within a 250 metre radius of the University and Dundas intersection including towers up to 62 storeys in height.
Bloor-
Spadina
Over 3,200 residential units are in development surrounding the Bloor and Spadina intersection. Serviced by the nearby University-Spadina (Line 1), Bloor-Danforth (Line 2), and Spadina Streetcar (510), the neighbourhood is one of the most transit-connected areas in Downtown Toronto.
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