Thinking of buying a home in Toronto, Ontario?

Toronto is an area that is proudly serviced by mortgage specialists.

Here is a brief overview of some of the highlights of Toronto, Ontario:

Toronto is the most populous city in Canada and the provincial capital of Ontario. It is located in Southern Ontario on the northwestern shore of Lake Ontario. With over 2.5 million residents, it is the fifth most populous municipality in North America. Toronto is at the heart of the Greater Toronto Area (GTA), and is part of a densely populated region in Southern Ontario known as the Golden Horseshoe, which is home to 8.1 million residents and has approximately 25% of Canada's population. The census metropolitan area (CMA) had a population of 5,113,149, and the Greater Toronto Area had a population of 5,555,912 in the 2006 Census.

As Canada's economic capital, Toronto is considered a global city and is one of the top financial centres in the world. Toronto's leading economic sectors include finance, business services, telecommunications, aerospace, transportation, media, arts, film, television production, publishing, software production, medical research, education, tourism and sports industries. The Toronto Stock Exchange, the world's seventh largest, is headquartered in the city, along with a majority of Canada's corporations.

Toronto's population is cosmopolitan and international, reflecting its role as an important destination for immigrants to Canada. Toronto is one of the world's most diverse cities by percentage of non-native-born residents, as about 49% of the population were born outside of Canada. Because of the city's low crime rates, clean environment, high standard of living, and friendlier attitudes to diversity, Toronto is consistently rated as one of the world's most livable cities by the Economist Intelligence Unit and the Mercer Quality of Living Survey. In addition, Toronto was ranked as the most expensive Canadian city in which to live in 2006. Residents of Toronto are called Torontonians.

Toronto covers an area of 630 square kilometres (243 sq mi),[29] with a maximum north-south distance of 21 kilometres (13 mi) and a maximum east-west distance of 43 km (27 mi). It has a 46-kilometre (29 mi) long waterfront shoreline, on the northwestern shore of Lake Ontario. The Toronto Islands and Port Lands extend some distance out into the lake, allowing for a somewhat sheltered Toronto Harbour immediately south of the downtown core.[30] The city's borders are formed by Lake Ontario to the south, Etobicoke Creek and Highway 427 to the west, Steeles Avenue to the north and the Rouge River to the east.

Toronto has a diverse array of public spaces, from city squares to public parks overlooking ravines. A group called the Toronto Public Space Committee was formed to protect the city's public spaces. Nathan Phillips Square is the city's main square in downtown, and forms the entrance to City Hall. Yonge-Dundas Square, a newer square not far from City Hall, has also gained attention in recent years as one of the busiest gathering spots in the city. Other squares include Harbourfront Square, on the revitalized Toronto waterfront, and the civic squares at the former city halls of the defunct Metropolitan Toronto, most notably Mel Lastman Square in North York.

The Distillery District is a pedestrian village containing boutiques, art galleries, restaurants, artist studios and small breweries, including the well-known Mill Street Brewery. A new theatre in the district, the Young Centre for the Performing Arts, is the home of the Soulpepper Theatre Company and the drama productions of nearby George Brown College.

The production of domestic and foreign film and television is a major local industry. Many movie releases are screened in Toronto before wider release in North America. The Toronto International Film Festival is one of the most important annual events for the international film industry. Europe's largest film studio, Pinewood Studios Group of London, is scheduled to open a major new film studio complex in west-end Toronto, with five sound stages, with the first two to open by fall 2008.

Toronto's Caribana festival takes place from mid-July to early August of every summer, and is one of North America's largest street festivals.[42] Primarily based on the Trinidad and Tobago Carnival, the first Caribana took place in 1967 when the city's Caribbean community celebrated Canada's Centennial year. Forty years later, it has grown to attract one million people to Toronto's Lake Shore Boulevard annually. Tourism for the festival is in the hundred thousands, and each year, the event generates about $300 million in revenue.

Pride Week in Toronto takes place in late June, and is one of the largest LGBT festivals in the world. One of the largest events in the city, it attracts more than one million people from around the world. Toronto is a major centre for gay and lesbian culture and entertainment, and the gay village is located in the Church and Wellesley area of Downtown.

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