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Toronto, the provincial capital of Ontario, and the largest city in Canada, is located in
Southern Ontario, on the northwestern shores of Lake Ontario. Boasting over 2.5 million residents,
Toronto is the seventh most populous municipality in North America. Toronto is also the heart
of the Greater Toronto Area (GTA), and is a part of a densely populated region in Southern
Ontario, known as the Golden Horseshoe, which is called home by over 8.1 million residents and
constitutes approximately 25% of Canada’s population.
Toronto’s population is cosmopolitan and international, something that reflects its role
as an important destination for immigrants wishing to move to Canada, from abroad. As such,
Toronto has become one of the world’s most diverse cities by percentage of non-native-
born residents, as approximately 49% of the cities inhabitants were born in a country other than
Canada. As a result of its cultural diversity, the city of Toronto has been recognized by UNESCO
as the most ethnically diverse city in the world. And while some might think that blending of
so many cultures in one place could cause difficulties, the opposite holds true as Toronto is
consistently rated as one of the world’s most livable cities.
Being the capital of Ontario as well as Canada’s most populous city, the City of
Toronto is also Canada’s economic capital and is also one of the top financial centres in
the world. Some leading sectors of Toronto’s economy include: finance, business services,
telecommunications, aerospace, transportation, media, arts, medical research, education and sports
industries, to name but a few.
Toronto is also a smart city. This may not seem too hard to believe, as Toronto is a centre of
higher education and research, home to many colleges and universities, including the University of
Toronto, one of the world’s highest ranking universities and highest ranked, in Canada.
In a housing market as large as Toronto, homes properties are always being bought and sold.
If you are someone in the Toronto arera looking to sell, think about listing with MLS®.
MLS® real estate listings are gaining in popularity, as many property owners look to save
money from the sale of their homes, through private real estate. A flat fee MLS® listing
gives sellers the unique opportunity to take control over the sale of their homes, when they list
for sale by owner. It allows them to eliminate listing commissions, get transparent pricing and, as
mentioned above, save money. So, if you would like to take control over the sale of your home
and save money at the same time, contact one of our qualified representatives about getting a
MLS® real estate listing, today.
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