See which Toronto neighbourhood is the toniest in Canada | Toronto Real Estate Blog

See which Toronto neighbourhood is the toniest in Canada

Published On Thu Dec 8 2011
Laura StoneStaff Reporter

If you’re in M4N, let’s just assume you’ve got it made.

The postal code prefix of Lawrence Park in Toronto marks not only the richest neighbourhood in Ontario — but all of Canada.

Canadian Business magazine published lists of the ten toniest neighbourhoods by province and in Canada (unless you’re Yukon or Northwest Territories, which only got three.)

By their count, Lawrence Park-dwellers, in the Lawrence Ave. and Mount Pleasant Rd. area, had an average net worth of $3,824,165 last year.

Number 2 on the Ontario list was Rosedale, at $3,642,533, followed by St. Andrew-Windfields East at $3,447,638 and St. Andrew-Windfields West at $2,740,232, in the Bayview Ave. and York Mills Rd. area.

In Canada, Montreal neighbourhood Westmount was in second place at $3,693,644, followed by Rosedale at Bloor St. and Mount Pleasant Rd.

But not everyone was safe from tough economic times: even Lawrence Park’s net worth was down 1.4 per cent between 2010 and 2009.

Two years ago, it was $3,877,815.

Ten Riches Postal Codes in Ontario

 

1 M4N Lawrence Park

2 M4W Rosedale $3,382,588

3 M2L St. Andrew-Windfields East

4 M2P St. Andrew-Windfields West

5 M5P Toronto

6 L0J Kleinburg

7 M4V Toronto

8 M3B Toronto

9 L7B King

10 M4T Toronto

— From Canadian Business

 

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About Tariq Sultan
Dear Readers, I am a dedicated Toronto, Ontario based real estate professional who has been successfully meeting and exceeding the needs of his clients for past several years. I am actively involved in the insurance, financing, and mortgage industry. Real estate is not only my career – it is my passion. I strive to continuously provide my clients with exceptional service to ensure they are fully satisfied when it comes to their real estate needs. For any real estate related inquires contact me today, I will be happy to assist you. Best wishes, Tariq Sultan

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