Toronto at a Glance
|Indicators (2018)||City of Toronto||Toronto Region|
|Land Area (km2)||630||5,903|
|Population (July 2018)||2,956,024||6,341,935|
|Unemployment Rate (Population 15+)||6.4%||6.0%|
|Gross Domestic Product (in 2007 $ billion, 2017)||$158.7||$336.7|
|Average (Mean) Household Income (2015)||$98,174||$104,378|
For the most recent monthly indicators, see the Toronto Economic Bulletin.
|Indicators (2018)||City of Toronto||Toronto Region *|
|Labour Force (Pop 15+)||1,636,167||3,568,700|
|Average Income (Pop 15+, 2015)||$47,617||$46,082|
|Office Space Inventory (ft2) *||122,789,917||176,971,072|
|Industrial Space Inventory (ft2) *||231,645,110||782,414,875|
|Retail Space Inventory (ft2) *||48,972,434||138,007,518|
|Average Price All Home Types *||$835,422||$787,300|
|Housing Starts (units)||22,761||41,107|
|Total Annual Building Permits ($000s)||$10,436,155||$18,885,619|
|Residential Building Permits ($000s)||$6,180,986||$11,875,016|
|Commercial Building Permits ($000s)||$2,771,987||$4,663,934|
|Industrial Building Permits ($000s)||$524,260||$1,105,276|
|Institutional Building Permits ($000s)||$958,923||$1,241,394|
|Residential Tax Rate||0.6355054%||N/A|
|Multi Residential Tax Rate||1.3147559%||N/A|
|Commercial Tax Rate||2.4038506%||N/A|
|Industrial Tax Rate||2.4470392%||N/A|
|Retail Sales ($billion)||N/A||$92.2|
|Number of Businesses (active locations with employees)||93,581||215,336|
|Number of Visitors (million, 2017)||N/A||43.7|
Toronto region is defined as Toronto Census Metropolitan Area (CMA) unless denoted with an asterisk (*), which indicates Greater Toronto Area (GTA) or other regional geography. Number of businesses in the city of Toronto and Toronto CMA comprise of businesses with and without physical locations; see Statistics Canada’s Business Register for more information on the number of registered businesses.
Toronto – the name derived from the Huron word for “fishing weir” – is on the northwest shore of Lake Ontario at Latitude 43 39 N, Longitude 79 23 W.
Located on a broad sloping plateau cut by numerous river valleys, Toronto covers 641 sq.km. and stretches 43 km from east to west and 21 km from north to south at its longest points. The perimeter is approximately 180 km.
- Waterfront is 76.5 meters above sea level; shoreline stretches 43 km or 138 km when including in the bays and islands
- The intersection of Steeles Avenue West and Keele Street is the highest point at 209 meters
307 km of rivers and creeks run through the city
- All rivers and creeks flow into Lake Ontario and are part of the Atlantic Ocean Drainage Basin
- Most northerly point is the intersection of Steeles Ave E. and Pickering Town Line
- Most southerly point is Lake Ontario’s shoreline at the border between Toronto and Mississauga
- Most easterly point is the meeting of the Rouge River and shoreline of Lake Ontario
- Most westerly point is the intersection of Steeles Ave W. and Albion Road
- Toronto is in plant hardiness zone 6 and on the eastern edge of the Carolinian Forest zone
- There are over 1,600 named parks comprised of over 8,000 hectares of land (ravines, valleys, woodlots, parks, beaches, golf courses, destination parks, parkettes) and over 200 km of trails, many of which are suitable for biking and walking.
- Toronto has a total of about 10 million trees, approximately 4 million of which are publicly-owned trees. These include approximately 600,000 street trees (e.g. located on public right of ways on boulevards and commercial trees in sidewalks, etc) and 3.5 million trees in parks, ravines, and other natural areas.
Statistics source: Geospatial Competency Centre, Parks, Forestry & Recreation, Natural Resources Canada.
Rental Housing Market
476,966: Number of Toronto households that rent
46: As a percentage of all households
43.5: Percentage of renters paying more than 30% of pre-tax income on rent
1.6%: Toronto CMA vacancy rate (2014)
$1,264: Average market rent in Toronto for a two-bedroom apartment (Fall 2014)
$1,173: Monthly amount of Ontario Works (October 2014), two parents, two children ($710 of which is maximum shelter allowance)
City of Toronto, 2011 National Household Survey Backgrounder, September 2013
Canada Mortgage and Housing Corporation, Rental Market Report, Greater Toronto Area, Fall 2014
On April 26, 2018 the City conducted its fourth Street Needs Assessment. The 2018 Street Needs Assessment (SNA) is a needs assessment survey and point-in-time count of people experiencing homelessness in Toronto.
Based on the survey, the top three causes of homelessness were identified as migration, an inability to pay the cost of housing and eviction.
Key finding from the SNA include:
- The most important supports to help people experiencing homelessness to find housing are those that increase income and housing affordability.
- The total estimated homeless population in Toronto on April 26, 2018 is 8,715.
- 82 per cent of people experiencing homelessness were staying in City-administered sites.
- 94 per cent of people experiencing homelessness were staying indoors; the number of people staying outdoors is estimated to be 533, or six percent of the total homeless population in Toronto.
- 38 per cent of the respondents experiencing homelessness identified as Indigenous.
- 11 per cent of respondents identified as LGBTQ2S – this was significantly higher among youth respondents (24 per cent).
- 13 per cent of respondents experiencing outdoor homelessness were veterans.
- 10 per cent of respondents were seniors (60 and over), and 10 per cent were youth (16 to 24).
$962: Average private market rent for a bachelor apartment in Toronto (Fall 2016).
$1,137: Average private market rent for a two bedroom apartment in Toronto (Fall 2016).
1.3: Overall vacancy rate for private market rentals in Toronto (Fall 2016)
$706: Ontario Works total monthly allowance for a single adult (Fall 2016).
$1,205: Ontario Works total monthly allowance for a two-adult family with two children (Fall 2016).
46: Percentage of Toronto renter households paying more than 30 per cent of pre-tax income on rent. Almost half of Toronto households rent.
94,000: Number of social housing units in Toronto (As of 2017, all programs are under administration by the City of Toronto).
69,000: Approximate number of rent-geared-to-income units where rents are set at 30 per cent of household income.
90,141: Number of people on the centralized waiting list for rent-geared-to-income (RGI) units as of September 30, 2017
8.5: Average number of years an applicant on the chronological list waits to be housed in a two bedroom apartment*
$2,250: Monthly cost of a single shelter bed and services in Toronto.
$305.92: Monthly cost of subsidizing each unit of Toronto’s social housing.
Sources: City of Toronto 2017 budget analyst notes for Shelter, Support and Housing Administration, Ministry of Community and Social Services, 2013 Street Needs Assessment results, Canada Mortgage and Housing Corporation, and Housing Connections.